Keefe Bruyette Cuts Target Price on Newmark Group (NMRK), Following Q4 Earnings

Core Viewpoint - Newmark Group Inc. is identified as one of the most undervalued stocks on NASDAQ, despite a recent target price reduction by Keefe Bruyette, which remains optimistic about the stock's potential [1][6]. Financial Performance - In Q4 2025, Newmark reported adjusted earnings per share of $0.68, reflecting a year-over-year growth of approximately 24%, slightly surpassing the consensus estimate of $0.66 [2]. - The strong earnings growth was attributed to increased volume across leasing, capital markets, and valuation segments in the U.S., supported by modest headcount growth that improved profit margins through productivity gains [2]. Future Outlook - Management anticipates that the strong performance will continue into FY 2026, with expected organic revenue growth in the low-to-mid teens [3]. - Margins are projected to expand further, particularly as non-U.S. operations ramp up, leading to mid-to-high teens growth in adjusted EBITDA [3]. Company Overview - Newmark Group Inc. provides commercial real estate services and is headquartered in New York, having been founded in 1929 [3].

Keefe Bruyette Cuts Target Price on Newmark Group (NMRK), Following Q4 Earnings - Reportify