Newmark Group, Inc. (NMRK) Stock Price & How to Invest
Last updated July 2026
Short answer
Newmark Group (NMRK) is a mid-cap commercial real estate advisory and services firm, so exposure to it is essentially a leveraged bet on a recovery in property transaction volumes and financing activity. It sits below the Big Four (CBRE, JLL, Cushman, Colliers) but has been growing revenue faster than most peers off a cyclical trough.
NMRK stock price
As of 2026-07-21, Newmark Group, Inc. (NMRK) last closed at $15.74, up 20.2% over the past year. Over the past 52 weeks it has traded between $13.10 and $19.58.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Newmark Group, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does Newmark Group, Inc. (NMRK) do?
Newmark Group is a global commercial real estate advisor and service provider that works with institutional investors, corporations, and owners and occupiers across the full property life cycle. Its business spans capital markets (investment sales and mortgage brokerage), leasing (landlord and tenant representation), and a growing base of recurring management services including property management, valuation and advisory, loan servicing, and GSE/FHA multifamily financing. The firm has more than 7,000 professionals and completed over $1.7 trillion in transaction volume across the past two years, positioning it as a significant challenger just below the industry's Big Four.
The investment picture centers on cyclicality and momentum. After a multi-year slump in commercial real estate driven by elevated interest rates, Newmark reported record Q1 2026 revenue of ~$846.5 million (up ~27% year over year), with capital markets up ~45%, and raised full-year guidance to ~$3.775B-$3.875B in revenue. Management also lifted its dividend for the first time since 2022. The counterweight is that leasing and capital markets commissions are highly cyclical, the company carries meaningful leverage, and the stock has already re-rated sharply, so results remain tied to the broader rate and transaction environment.
What's driving Newmark Group, Inc. (NMRK)?
1. Capital markets recovery
Capital markets revenue jumped roughly 45% year over year in Q1 2026 as investment sales and mortgage brokerage activity thawed. A sustained decline in financing costs and a wall of maturing commercial real estate debt could keep transaction and refinancing volumes elevated. This segment is the biggest swing factor in Newmark's earnings.
2. Growing recurring services
Newmark has been expanding its more stable management services, servicing, and advisory revenue, which grew over 20% in Q1 2026. Acquisitions such as Altus's Canadian appraisal business and adoption of ARGUS Intelligence add software and data subscription revenue. A larger recurring base smooths the volatility of transaction-based fees.
3. Talent and market-share gains
Newmark has been recruiting producers and expanding while some rivals contracted, helping it grow faster than several larger peers off the cyclical trough. Broad-based momentum across leasing, capital markets, and services supports a raised outlook. Continued share gains would let revenue outpace the underlying market.
4. Improving profitability and capital returns
Adjusted EPS rose sharply in Q1 2026 and management guided to 15%-22% adjusted EPS growth for the year. The first dividend increase since 2022 (from $0.03 to $0.06 quarterly) signals confidence in sustained earnings. Margin expansion alongside revenue growth is a key part of the story.
What are the risks to Newmark Group, Inc. (NMRK)?
Newmark's core leasing and capital markets fees are highly cyclical and tied directly to interest rates, transaction volumes, and broader economic confidence. A renewed rise in rates or a stall in commercial real estate activity would quickly pressure the segments driving recent growth. The company also carries meaningful leverage (debt-to-EBITDA reported near 4.9x in late 2025), which amplifies downside in a downturn. Exposure to weaker property sectors such as older office assets remains a structural overhang. Finally, the stock has re-rated substantially after a large run, leaving less margin for disappointment against elevated expectations.
How is Newmark Group, Inc. (NMRK) valued? (approximate, JULY 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Newmark Group, Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$3.3B
- FY2026 revenue guidance: ~$3.775B-$3.875B
- FY2026 adjusted EPS guidance: ~$1.87-$1.98
- Q1 2026 revenue: ~$846.5M (+27% YoY)
- Market cap: ~$3.5B
- Quarterly dividend: ~$0.06 (raised from $0.03)
Newmark trades around the mid-teens per share with a market cap near $3.5 billion after a large multi-year run. On raised 2026 guidance the stock carries a mid-to-high single-digit forward earnings multiple on adjusted EPS, reflecting both its cyclical profile and improving growth. Reported GAAP margins remain thin (TTM operating margin in the mid-single digits) because much of the profit is captured in adjusted, transaction-linked figures.
Who competes with Newmark Group, Inc. (NMRK)?
Big Four global CRE services
CBRE, JLL, Cushman & Wakefield, and Colliers are the largest full-service commercial real estate firms, each far bigger than Newmark by headcount and revenue. They compete directly across leasing, capital markets, and property services with deeper global platforms.
Capital markets and brokerage peers
Marcus & Millichap focuses on investment sales and financing, overlapping Newmark's capital markets business, while boutique and regional advisory firms compete for transaction mandates. These rivals bid for the same deal flow that drives Newmark's most cyclical revenue.
Servicing and multifamily finance
In loan servicing and agency (GSE/FHA) multifamily lending, Newmark competes with Walker & Dunlop and the multifamily arms of larger banks and CRE firms. This is the more recurring, fee-stable end of the business.
How to invest in Newmark Group, Inc. (NMRK)
There are three common ways to get NMRK exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so NMRK sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where NMRK fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.
The bottom line on Newmark Group, Inc. (NMRK)
NMRK is a smaller, faster-growing challenger in commercial real estate services whose fortunes swing hard with capital markets and interest rate cycles.
More on Newmark Group, Inc. (NMRK)
Whether NMRK is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is NMRK a buy?, and where the stock could go from here in the NMRK stock forecast.
For income investors, whether NMRK pays a dividend and how the payout looks is covered in does NMRK pay a dividend?
Build a basket around NMRK with Walnut
Use Newmark Group, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What does Newmark Group do?
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Newmark is a commercial real estate advisor and service provider. It helps institutional investors, corporations, and property owners and occupiers with investment sales, mortgage brokerage, leasing, property and facilities management, valuation, and multifamily financing across the property life cycle.
Is NMRK a large-cap stock?
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No. Newmark is a mid-cap company with a market capitalization around $3.5 billion as of July 2026, considerably smaller than Big Four peers like CBRE and JLL, which are large-cap firms.
How does Newmark make money?
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Its revenue comes from capital markets fees (investment sales and mortgage brokerage), leasing commissions, and recurring management services including property management, loan servicing, valuation, and agency multifamily financing. Capital markets and leasing are the most cyclical pieces.
How did Newmark perform in Q1 2026?
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Newmark reported record Q1 2026 revenue of about $846.5 million, up roughly 27% year over year, with capital markets up about 45%. Adjusted EPS rose sharply, and management raised full-year guidance and increased the dividend.
Who are Newmark's main competitors?
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Its primary competitors are the Big Four global firms (CBRE, JLL, Cushman & Wakefield, and Colliers), plus capital markets peers like Marcus & Millichap and multifamily-finance rivals such as Walker & Dunlop.
What are the biggest risks with NMRK?
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The main risks are cyclicality tied to interest rates and commercial real estate transaction volumes, meaningful financial leverage, exposure to weaker property sectors like older office space, and a stock that has already re-rated substantially after a large run.
Does Newmark pay a dividend?
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Yes. Newmark pays a quarterly dividend and raised it in 2026 to about $0.06 per share (from $0.03), its first increase since 2022. The yield is modest given the higher share price.
Why is Newmark's revenue growing faster than some peers?
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Newmark has been recruiting producers and expanding while some rivals contracted, and it is rebounding off a cyclical trough in commercial real estate. A recovery in capital markets activity and gains in recurring services have driven broad-based, above-market growth.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Newmark Group, Inc.'s investor relations page or your broker before making investment decisions.