Newmark Group Reports Strong Q1 2026 Results, Raises Full-Year Outlook, and Doubles Quarterly Dividend

summarizeSummary

Newmark Group announced strong first-quarter 2026 results with significant revenue and earnings growth, prompting an upward revision of its full-year outlook and a doubling of its quarterly dividend.

check_boxKey Events

• Strong Q1 2026 Financial Performance

  Total Revenues increased 27.2% year-over-year to $846.5 million. GAAP EPS rose 260.0% to $0.08, and Adjusted EPS grew 57.1% to $0.33, marking the seventh consecutive quarter of double-digit top-line growth and eighth quarter of double-digit earnings improvement.

• Full-Year 2026 Outlook Raised

  Newmark Group raised its full-year 2026 guidance, now expecting Total Revenues between $3,775 million and $3,875 million (15%-18% YoY growth), Adjusted EPS between $1.87 and $1.98 (15%-22% YoY growth), and Adjusted EBITDA between $656 million and $694 million (17%-23% YoY growth).

• Quarterly Dividend Doubled

  The Board of Directors declared a quarterly dividend of $0.06 per share, payable on May 29, 2026, representing a sequential and year-over-year increase of $0.03 per share.

• Continued Share Repurchase Activity

  The company repurchased 9.4 million shares and/or units during Q1 2026, with an additional 1.0 million shares repurchased subsequent to quarter-end, totaling 10.4 million shares at an average price of $14.58. Approximately $248.9 million remains under the current authorization.

auto_awesomeAnalysis

Newmark Group delivered exceptionally strong first-quarter 2026 financial results, significantly surpassing prior-year performance across key metrics. The company reported substantial year-over-year growth in total revenues, GAAP EPS, and Adjusted EPS, driven by broad-based gains in Management Services, Servicing, Leasing, and Capital Markets. This robust performance led management to raise its full-year 2026 outlook for total revenues, Adjusted EPS, and Adjusted EBITDA, signaling increased confidence in continued growth. Furthermore, the Board of Directors doubled the quarterly dividend, demonstrating a strong commitment to shareholder returns and reflecting the company's healthy financial position. The company also continued its share repurchase program, reducing the outstanding share count.