Core Insights - Newmark Group, Inc. has been recognized for the 16th consecutive year in the 2025 Global Outsourcing 100® by the International Association of Outsourcing Professionals (IAOP®) [1][2] - The company is categorized as a "Leader," highlighting its position among the top outsourcing service providers and advisors for global firms [1][2] Company Overview - Newmark is a leading commercial real estate advisor and service provider, catering to large institutional investors, global corporations, and other owners and occupiers [1][4] - For the twelve months ended December 31, 2024, Newmark generated revenues of nearly $2.8 billion [4] - The company operates approximately 170 offices with over 8,000 professionals across four continents [4] Industry Context - The Global Outsourcing 100® is an annual listing that employs a rigorous scoring methodology, reviewed by an independent panel of IAOP customer members [1][2] - The recognition reflects the company's commitment to delivering strategic, high-impact solutions and integrating data-driven insights with market expertise [2]

Core Viewpoint - Newmark Group (NMRK) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price [1][2] Earnings Estimate Revisions - Current-quarter earnings are projected at $0.19 per share, reflecting a year-over-year increase of +26.67% [4] - The Zacks Consensus Estimate for the current quarter has risen by 5.71% over the last 30 days, with one estimate increasing and no negative revisions [4] - For the full year, earnings are expected to be $1.45 per share, indicating a year-over-year change of +17.89% [5] - The consensus estimate for the full year has also increased by 5.45%, with one estimate moving higher and no negative revisions [5] Zacks Rank and Performance - Newmark Group currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance [6] - Stocks with Zacks Rank 1 and 2 have historically outperformed the S&P 500 [6] - The stock has gained 5.5% over the past four weeks due to strong estimate revisions, suggesting further upside potential [7]

Core Insights - Three stocks with strong momentum and a Zacks Rank 1 are highlighted for investors: Newmark Group, Molson Coors Beverage Company, and Palomar Holdings [1][2][3] Group 1: Newmark Group, Inc. (NMRK) - Newmark is a commercial real estate services provider with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings increased by 1.5% over the last 60 days [1] - Newmark's shares gained 12.1% over the last six months, outperforming the S&P 500's 9.2% increase [1] - The company has a Momentum Score of A [1] Group 2: Molson Coors Beverage Company (TAP) - Molson Coors is a beverage company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings increased by 4.7% over the last 60 days [2] - Molson Coors' shares gained 14.6% over the last six months, also outperforming the S&P 500's 9.2% increase [2] - The company possesses a Momentum Score of A [2] Group 3: Palomar Holdings, Inc. (PLMR) - Palomar is an insurance company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings increased by 7.4% over the last 60 days [3] - Palomar's shares gained 13.0% over the last three months, significantly outperforming the S&P 500's 3.2% increase [3] - The company has a Momentum Score of A [3]

Group 1 - Newmark Group, Inc. has appointed Stephen Merkel as the new Chairman of the Board of Directors following Howard W. Lutnick's resignation due to his confirmation as the 41st Secretary of Commerce [1][2] - Stephen Merkel has been with Newmark since its acquisition by BGC Partners and will continue to serve as Executive Vice President and Chief Legal Officer [2][3] - Kyle Lutnick, previously Global Managing Director of Knotel, Inc., will join the Board of Directors [6] Group 2 - Stephen Merkel has over 30 years of experience and has been a close advisor to Howard Lutnick, indicating strong leadership continuity within the company [3] - Merkel's background includes significant roles at Cantor Fitzgerald and Goldman Sachs, enhancing his qualifications for the Chairman position [4] - Newmark generated revenues of nearly $2.8 billion for the twelve months ended December 31, 2024, and operates approximately 170 offices with over 8,000 professionals globally [8]

Core Viewpoint - Newmark Group, Inc. announces that CEO Barry M. Gosin will also take on the role of Chairman of Newmark & Company Real Estate, Inc., following the resignation of Howard Lutnick as Executive Chairman and Board member due to his confirmation as the U.S. Secretary of Commerce [1][2][3]. Company Leadership and Growth - Barry M. Gosin has been CEO since 1979 and has played a crucial role in Newmark's strategic direction and expansion, including its sale to BGC Partners in 2011, IPO in 2017, and spin-off from BGC in 2018 [3][4]. - Under Gosin's leadership, Newmark has experienced over 1,000% growth in annual revenues since 2011, making it the fastest-growing commercial real estate services company [3][9]. - The company has expanded its commercial and multifamily origination market share approximately sixfold and increased its investment sales share by more than two and a half times over the past decade [3][9]. Company Overview - Newmark generated nearly $2.8 billion in revenues for the twelve months ending December 31, 2024, and operates approximately 170 offices with over 8,000 professionals across four continents [6].

Kyle Lutnick will also join the BoardNEW YORK, Feb. 18, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced Stephen Merkel has been named Chairman of the Board of Directors. Howard W. Lutnick, who was confirmed today by the United States Senate as the 41st Secretary of Commerce, has stepped down as Executive Cha ...

NEW YORK, Feb. 18, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced Howard W. Lutnick, Executive Chairman, has been confirmed by the United States Senate as the 41st Secretary of Commerce and, as a result, has stepped down as Chairman of the Board and from his executive positions at the Company.Mr. Lutnick, a ...

Financial Data and Key Metrics Changes - Revenues increased by 18.8% to $888.3 million, reflecting strong performance across all business lines despite challenging comparisons [16] - Adjusted EPS rose by 19.6% to $0.55, indicating solid earnings growth [20] - Adjusted EBITDA was $182.9 million, up 10.1%, with a margin improvement of approximately 55 basis points to 16.2% for the full year [21][24] Business Line Data and Key Metrics Changes - Management services, servicing, and other revenues grew by 21.1%, marking the sixth consecutive period of year-on-year improvement [17] - Leasing revenues increased by 15.1%, driven by strong growth in office transactions [17] - Capital markets revenues grew by 20%, with total capital markets volumes increasing by 113.2% when excluding the Signature transactions [18][10] Market Data and Key Metrics Changes - U.S. debt market share increased by approximately 300 basis points to 9%, significantly up from 1.5% in 2015 [10] - The company anticipates industry capital markets volumes to see double-digit gains due to stabilization of interest rates and significant U.S. debt maturities [11] Company Strategy and Development Direction - The company is focused on expanding its market share and enhancing its brand as a key adviser for complex transactions [12] - Newmark aims to achieve at least $630 million in adjusted EBITDA by 2026, with a target of $1.75 in adjusted EPS by 2026, representing over 40% earnings growth [26][27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong revenue and earnings growth for 2025, despite potential market headwinds [12][49] - The company is optimistic about the industrial sector, driven by reshoring and investment in advanced manufacturing [51][52] Other Important Information - The company ended the year with $197.7 million in cash and cash equivalents and a net leverage of 1.1 times [23] - Newmark repurchased 18.6 million shares for $224.9 million at an average price of $12.09 [22] Q&A Session Summary Question: Impact of Howard's departure on G&A and D&O premiums - Management confirmed that Howard's departure is reflected in guidance, including any premium increases in D&O [30] Question: Data centers growth and challenges - Management highlighted significant business in data centers, driven by reshoring and AI investments, while acknowledging long-term power issues [33] Question: Low forgivable loan spend in Q4 - Management explained that the low spend in Q4 is a point in time, with over $200 million spent for the year, and expects continued investment in growth [40] Question: Leadership turnover at FHFA and multifamily activity - Management noted that any changes in Fannie and Freddie's ownership structure would not significantly impact their outlook for multifamily activity [43] Question: Capital markets activity and guidance for 2025 - Management indicated strong pipelines across all businesses, expecting double-digit growth in capital markets despite market headwinds [49] Question: Debt deals from banks and market trends - Management anticipates a gradual trickle of CRE loans from banks over the next five years, with a shift towards private capital [59] Question: Profitability of international expansion - Management expressed confidence that profit margins internationally could be equal to or better than those in the U.S. [72]

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the firm acted as lead commercial real estate advisor to Blackstone in its acquisition of Retail Opportunity Investments Corp ("ROIC"). The transaction closed Wednesday, February 12.   Newmark Co-Head of U.S. Capital Markets Doug Harmon, Head of Re ...

Newmark Group (NMRK) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.58%. A quarter ago, it was expected that this provider of commercial real estate services would post earnings of $0.31 per share when it actually produced earnings of $0.33, delivering a surprise of 6.45%.Over the ...