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Investing.com - JMP Securities has reiterated its Market Outperform rating on Newmark Group , Inc. (NASDAQ:NMRK) while raising its price target to $19 from $17 following the company’s strong second-quarter performance. The new target represents significant upside potential for the $3.69 billion market cap real estate services firm, which according to InvestingPro data has delivered an impressive 10.7% return in the past week alone.
Newmark Group reported second-quarter 2025 earnings that significantly exceeded consensus expectations, demonstrating broad-based revenue growth of approximately 20% year-over-year across all business lines. The real estate services firm benefited from recent broker additions and its scalable platform, which drove bottom-line outperformance. InvestingPro analysis reveals the company maintains a strong financial health score of 2.54 (GOOD), with revenue growing at 14.48% over the last twelve months. InvestingPro subscribers have access to 15+ additional exclusive insights about Newmark’s performance and outlook.
The market responded positively to Newmark’s quarterly results and improved 2025 outlook, with the stock rising 3.2% following the announcement, outpacing the broader market as the S&P 500 declined 0.12% on the same day. The company increased its earnings per share growth forecast by 5% at the midpoint.
JMP maintained its 12x multiple on expanded 2025 estimates, citing several factors supporting its positive investment thesis. These include Newmark’s potential to benefit from accelerating capital markets volumes, ongoing expansion outside the United States, and strong balance sheet with low leverage and ample liquidity.
The firm noted that Newmark’s financial position supports potential mergers and acquisitions as well as share buybacks, while its recent hiring initiatives and operational efficiencies continue to drive cross-selling opportunities and overall profitability.
In other recent news, Newmark Group Inc. reported its second-quarter 2025 earnings, exceeding analyst expectations. The company achieved an adjusted earnings per share (EPS) of $0.31, surpassing the forecasted $0.252. This represents a 23.02% earnings surprise. Additionally, Newmark Group’s revenue reached $759.1 million, which was higher than the projected $685.15 million, marking a 10.79% increase. These results highlight the company’s strong financial performance in the recent quarter. The earnings announcement has generated positive sentiment among investors. Analysts had anticipated lower figures, but Newmark’s results have outperformed these predictions. This development is part of the company’s recent updates, indicating robust growth.
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