Newmark Group (NMRK)
Advises commercial real estate owners and occupiers across transactions, financing, and property operations.
Something off on this page? Send us feedback.
Advises commercial real estate owners, investors, lenders, and occupiers across capital markets, leasing, valuation, management, mortgage origination, and loan servicing. Revenue combines transaction-linked commissions with contractual and recurring fees, while agency lending and servicing depend on Fannie Mae, Freddie Mac, and HUD eligibility.
Advises commercial property owners, investors, lenders, and occupiers through Capital Markets, Leasing, and Management Services. Offerings span investment sales, debt and equity placement, mortgage origination, landlord and tenant representation, valuation, property and facilities management, loan servicing and asset management, occupier outsourcing, consulting, and fund administration.
Maintains a large U.S. base while expanding across Europe and Asia. Integrated data, research, and local specialists support cross-selling across a client’s property lifecycle. Revenue mixes transaction-driven commissions with contractual and recurring management and servicing fees.
Results depend on commercial real estate transaction volumes, leasing demand, interest rates, and retaining productive professionals. Agency lending and servicing require continued eligibility under Fannie Mae, Freddie Mac, and HUD programs, including capital, liquidity, licensing, and servicing standards.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 17, 2026 | Barclays | Reiterate | Rating: —Target: $21 | Target: $20 |
| Aug 10, 2026 | UBS | Target | Target: — | Target: $22 |
| Jun 29, 2026 | Piper Sandler | Reiterate | Rating: —Target: $16 | Target: $19 |
| Dec 2, 2025 | Barclays | Target | Target: — | Target: $21 |
| May 23, 2025 | Wolfe Research | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $259.7M · Total debt $2.17B · Total assets $5.19B · Shareholders' equity $1.45B
- Revenue
- $888.4M
- Operating income
- $40.4M
- Net income
- $19.7M
HistoryDividendAnnual yield
| Institutions | ≈ 132.77% | 235.71M shares | |
|---|---|---|---|
| 324 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 49.78% | 88.37M shares | |
| 10 holders · as of Sep 17, 2026 | |||
| Strategic holders | 6.20% | 11.01M shares | |
| 1 holder · as of Feb 3, 2022 | |||
| Adds to | 188.75% | ||
177.53M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (177.53M in the company's Sep 22, 2026 report, 156.24M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 188.75%; nothing is left for Other.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Brandon Lutnick1,2Insiderdirector, 10 percent owner | 24.80% | 3,335 A · 21.29M B | filed Oct 6, 2025 |
Fitzgerald L. P. Cantor3Insider10 percent owner | 24.30% | 21.29M B | filed May 19, 2025 |
Vanguard Portfolio Management LLCInstitution | 16.63% | 14.76M A · 14.76M A | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 14.44% | 12.82M A · 12.82M A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 7.38% | 6.55M A · 6.55M A | as of Jun 30, 2026 |
- Brandon Lutnick reports a block also reported by Empyrean Capital Partners, LP; it is counted once, under Empyrean Capital Partners, LP.
- The filed share classes (A, B) could not be matched to the company's, so no percentage.
- The filed share classes (A, B, COMMON) could not be matched to the company's, so no percentage.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Oct 6, 2025 | Howard W. Lutnick | director, 10 percent owner: | −44,208,218 | $0.0100 |
- CBRE Group
Broad full-service overlap in advisory, outsourcing, and capital markets
- Jones Lang LaSalle
Global CRE services overlap in management, leasing, and capital markets
- Cushman & Wakefield
Direct CRE services peer across services, leasing, and capital markets
- Colliers International Group
Global CRE peer in capital markets, leasing, and outsourcing
- Marcus & Millichap
Investment-sales and financing overlap in private-client CRE
- Walker & Dunlop
CRE finance peer in agency lending, sales, valuation, and servicing
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Newmark Group | $13.96 | −0.07% | $2.18B | 17.5 | 6.7 | 0.6 | +17.0% |
| CBRE Group | $140.52 | −1.88% | $41.47B | 32.8 | 17.4 | 1.0 | +15.1% |
| Jones Lang LaSalle | $334.06 | −1.77% | $15.65B | 16.3 | 12.8 | 0.6 | +10.8% |
| Cushman & Wakefield | $12.82 | −0.62% | $3.02B | 44.2 | 8.3 | 0.3 | +11.2% |
| Colliers International Group | $92.24 | −0.17% | $4.60B | 43.0 | 11.6 | 0.8 | +13.3% |
| Marcus & Millichap | $30.69 | −0.55% | $1.17B | 84.3 | 42.9 | 1.4 | +17.8% |
| Walker & Dunlop | $38.55 | +0.44% | $1.32B | 34.3 | 6.9 | 1.0 | +3.5% |
| Median | 38.6 | 12.2 | 0.9 | +12.2% |