Newmark Group, Inc. research snapshot
NMRK AI stock analysis currently views Newmark Group as a commercial real estate advisory and services firm whose capital markets, leasing, property management, and valuation businesses generate transaction-based and recurring fees. Newmark reported Q1 2026 revenue of $846.5 million and net income of $83.4 million, and Yahoo Finance lists trailing twelve-month revenue near $3.48 billion and net income of approximately $149 million. At the July 7, 2026 NMRK close of $15.65, the stock trades near 19.3 times trailing EPS of $0.81 and 1.99 times book value. The AI score is 58 out of 100 because the financial disclosures are usable while the commercial real estate cycle, interest rate sensitivity, high debt-to-equity of roughly 145%, and the Cantor Fitzgerald controlling stake create outcome uncertainty. This NMRK AI stock analysis is informational only and not investment advice.
Current price
$15.65 July 7, 2026 close
Market cap
$3.90 billion reported market cap
AI score
58 / 100
Rating
Established commercial real estate services firm with cyclical revenue, high leverage, and the Cantor Fitzgerald controlling stake
Trend status
Between the 52-week high of $19.83 and low of $12.06, trading below the midpoint after the Q2 2026 high
Data cutoff (updated weekly)
July 13, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Newmark earns fees by advising clients on leasing, buying, selling, financing, managing, and valuing commercial real estate. Revenue mixes transaction-driven capital markets and leasing with recurring property management and valuation fees. | High |
| Moat | Newmark benefits from brand recognition built since 1929, a nationwide and growing international office network, Cantor Fitzgerald financial backing, longstanding client relationships, and proprietary technology. The industry remains competitive with CBRE, JLL, Cushman & Wakefield, and Colliers. | Medium |
| Management | CEO Barry Gosin has led Newmark for decades and guided its expansion through more than 55 acquisitions. The Cantor Fitzgerald ownership structure means Howard Lutnick and his team set strategic direction. The capital-allocation question is whether the acquisition-heavy growth strategy generates returns above the cost of capital. | Medium |
| Financial trend | Q1 2026 revenue of $846.5 million and net income of $83.4 million show operating profitability. TTM revenue is approximately $3.48 billion with $149 million net income. The profit margin of 4.3% reflects the competitive and transaction-sensitive nature of CRE services. | High |
| Valuation | At $15.65, the P/E of 19.3x, P/B of 1.99x, and EV/EBITDA near 10.97x are not extreme by historical real estate services standards, but they leave limited upside if CRE transaction volumes, interest rates, or property valuations move in an unfavorable direction. | Medium-high |
| Technical trend | The $12.06 to $19.83 52-week range shows that NMRK can move substantially. The $15.65 reference price is below the midpoint of $15.95, suggesting the recent pullback from the 52-week high has room to extend or reverse. | Medium |
| Risk level | Risks include a CRE transaction downturn, rising or persistent high interest rates, property value declines, the 145% debt-to-equity ratio, integration of many acquisitions, Cantor Fitzgerald control and related-party considerations, and key-person dependence on senior leadership. | High |
| AI confidence | Financial disclosures and valuation inputs are traceable to Yahoo Finance and company filings. AI cannot establish the next CRE cycle, interest rate trajectory, transaction volume trend, or the multiple the market will apply. | High data confidence |
| Investment certainty | NMRK is not a high-conviction entry at the current setup. The bull case needs improving CRE market conditions, successful integration of past acquisitions, balance sheet de-levering, and valuation multiple expansion. The bear case centers on a CRE downturn stressing revenue, margins, and leverage simultaneously. | Medium-low |
NMRK AI stock forecast
The NMRK AI stock forecast uses three audited assumption cases rather than a certain target. Starting with $0.81 trailing EPS and the $15.65 reference price, the three-year model gives values near $25.00 in a bullish case, $15.90 in a base case, and $8.10 in a bearish case before dividends. These outcomes are assumption tests, not price predictions.
$23 to $27 before dividends
More likely if CRE transaction volumes recover, interest rates stabilize or decline, leasing demand remains healthy, past acquisitions contribute growing fee income, debt is reduced, and the market applies a 22x earnings multiple to EPS growing near 12% annually.
$14 to $18 before dividends
More likely if CRE markets remain at current activity levels, Newmark sustains Q1 2026 profitability, moderately higher revenue offsets cost inflation, and the market values NMRK near 16x earnings on 7% annual EPS growth.
$7 to $10 before dividends
More likely if CRE transaction activity weakens, interest rates rise further, property values decline, credit losses or debt covenant stress appears, integration costs or write-offs increase, or the market applies a 10x earnings multiple to flat or declining EPS.
NMRK AI technical analysis
NMRK AI technical analysis was mixed at the July 13, 2026 data cutoff. Yahoo Finance reported a July 7 close of $15.65, a 52-week range of $12.06 to $19.83, and a beta of 1.68. The stock sits near the middle of the yearly range after declining from the 52-week high. Refresh these figures before trading.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $15.65 | The July 7, 2026 NMRK regular-session close used for this page. |
| Immediate support | $14.50 to $15.00 | This zone represents the area around recent trading lows and round-number support. |
| Deeper support | $12.00 to $12.50 | This zone brackets the 52-week low of $12.06 and represents the main bearish breakdown level. |
| Near resistance | $17.00 to $17.50 | This area sits between the current price and the prior swing high, acting as the first test of upward momentum. |
| Major resistance | $19.50 to $20.00 | The 52-week high of $19.83 and the round $20 level represent the prior cycle high. |
| Momentum | Below the 52-week midpoint | NMRK trading at $15.65 below the $15.95 52-week midpoint suggests short-term momentum is neutral to negative within the larger range. |
| Volume | 20-day average 1.42 million shares | Use the recent average volume as a baseline when assessing a breakout or breakdown. Spikes above 2 million shares may signal conviction moves. |
| Volatility | 52-week range $12.06 to $19.83, beta 1.68 | A beta above 1.5 means NMRK tends to move more than the overall market. The wide 52-week range confirms high sensitivity to CRE and rate news. |
| Invalidation | Sustained close below $12.00 | A break below the 52-week low would invalidate the range-bound consolidation thesis and suggest a new downtrend is in place. |
NMRK AI trading strategy
The NMRK AI trading strategy is a research framework, not personalized advice. It combines price behavior with CRE transaction volumes, interest rate trends, company earnings, debt metrics, acquisition integration progress, dividend signals, Cantor Fitzgerald actions, and the broader real estate cycle.
Watch for NMRK to establish a base above $15 and then clear $17 to $17.50 with above-average volume while quarterly results show revenue growth, stable or improving margins, and debt reduction. A confirmed breakout above $19.83 would signal resumption of the prior uptrend.
A failed breakout followed by a sustained close below $14.50 should reduce trend confidence, especially if CRE data or earnings disappoint. The 1.68 beta means losses can compound quickly in a market or sector downturn.
If NMRK declines toward the $12 to $14.50 range, evaluate whether the drop is driven by a CRE cycle concern, a company-specific issue, or general market weakness before assuming a reversal. Compare the entry price with book value, EV/EBITDA, and analyst targets.
Do not assume the 52-week low is automatic support. NRMK has high debt and a controlling shareholder that may act in ways that differ from minority investor interests. Use position sizing that accounts for a potential break below $12.
Track CRE transaction volume data, interest rate and cap rate trends, commercial property price indices, Newmark quarterly revenue by segment (capital markets, leasing, property management), debt-to-equity changes, debt maturity schedule, and Cantor Fitzgerald public filings for clues about future actions.
Position sizing should reflect that CRE services earnings are cyclical and that Newmark balance sheet leverage amplifies the impact of revenue declines on equity returns and debt service capacity.
Investment research summary
Clients pay Newmark to lease, buy, sell, finance, manage, and value commercial real estate. The firm connects property owners, tenants, investors, and lenders across office, industrial, retail, multifamily, and other property types in the United States and internationally.
Newmark has a brand dating to 1929, a national office network that reaches most major US markets, international presence through partners and acquisitions, Cantor Fitzgerald financial backing, and proprietary technology platforms. Competitors CBRE, JLL, Cushman & Wakefield, and Colliers offer similar full-service coverage.
The thesis can fail if CRE transaction volumes and leasing activity decline for an extended period, interest rates stay high or rise further, property values fall, the high debt-to-equity ratio causes financial strain, large acquisitions underperform, or Cantor Fitzgerald takes actions that disadvantage minority shareholders.
Barry Gosin has led Newmark for decades and built it through organic growth and more than 55 acquisitions. The strategic direction is ultimately set by Cantor Fitzgerald, led by Howard Lutnick (now US Commerce Secretary). The key test is whether the acquisition-heavy model delivers sustainable returns above the cost of capital.
CRE services benefit from long-term economic growth, urbanization, and the need for professional real estate advice. The industry is cyclical and sensitive to interest rates, credit availability, property values, and office utilization trends in a post-pandemic world. Transaction volumes drive the most variable portion of revenue.
At $15.65, NMRK trades at 19.3x earnings, 1.99x book value, and 10.97x EV/EBITDA. These multiples do not suggest a distressed price. Margin of safety depends on CRE markets remaining active, the company reducing leverage, and earnings growing into the current valuation rather than the reverse.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| Stock price and market cap | $15.65 close on July 7, 2026. Market cap reported at $3.90 billion intraday and $2.79 billion as of July 2, 2026, reflecting the dual-class share structure. | Yahoo Finance NMRK summary page | July 13, 2026 |
| EPS and P/E ratio | TTM EPS of $0.81 giving a P/E of 19.32x at the July 7 close. | Yahoo Finance NMRK key statistics | July 13, 2026 |
| Q1 2026 revenue and net income | Q1 2026 revenue of $846.52 million and GAAP net income of $83.43 million. | Yahoo Finance NMRK earnings data | July 13, 2026 |
| Trailing twelve-month revenue | TTM revenue of approximately $3.48 billion based on Yahoo Finance reported data. | Yahoo Finance NMRK financial data | July 13, 2026 |
| Enterprise value and EV/EBITDA | Enterprise value of $5.04 billion and EV/EBITDA of 10.97x as reported by Yahoo Finance. | Yahoo Finance NMRK statistics | July 13, 2026 |
| Book value and price-to-book | Price-to-book ratio of 1.99x (mrq). Implied book value per share of approximately $7.86. | Yahoo Finance NMRK statistics | July 13, 2026 |
| Balance sheet cash, debt, and equity | Total cash of $212.07 million (mrq), total debt/equity of 145.53%, and enterprise value of $5.04 billion. | Yahoo Finance NMRK balance sheet data | July 13, 2026 |
| Free cash flow | TTM levered free cash flow of $145.2 million. P/FCF of roughly 19.8x at current price. | Yahoo Finance NMRK cash flow data | July 13, 2026 |
| Dividend and yield | Forward dividend of $0.24 per share annually, giving an indicated yield of 1.53% at the July 7 close. | Yahoo Finance NMRK dividend data | July 13, 2026 |
| Technical and volatility snapshot | 52-week range of $12.06 to $19.83, beta of 1.68, 20-day average volume of 1.42 million shares. P/E of 19.3x, P/B of 1.99x, and EV/EBITDA of 10.97x confirmed by Pineify financial_rigor.py. | Yahoo Finance NMRK summary and statistics, Pineify financial_rigor.py | July 13, 2026 |
This NMRK AI stock analysis is an informational research tool only. It is not investment advice, a recommendation, or a promise of future returns. Forecast scenarios use public data and assumptions available through July 13, 2026 and can be wrong if CRE transaction volumes, interest rates, property values, credit markets, company operations, acquisition integration, the Cantor Fitzgerald relationship, valuation multiples, or other conditions change.
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