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CBRE Group, Inc. (NYSE:CBRE) Receives Average Rating of "Buy" from Analysts

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Key Points

  • CBRE Group has a bullish analyst consensus, with eight covering firms rating the stock a “Buy” on average and a 12-month target price of about $180.29.
  • The company recently beat quarterly expectations, reporting $1.61 EPS versus the $1.13 estimate and revenue of $10.53 billion, up 18.1% year over year.
  • Despite solid results, insider selling and mixed stock levels were noted: CFO Emma E. Giamartino and other insiders sold shares, while the stock traded at $146.32, below its 52-week high of $174.27.
  • Five stocks to consider instead of CBRE Group.

Shares of CBRE Group, Inc. (NYSE:CBRE - Get Free Report) have earned an average recommendation of "Buy" from the eight ratings firms that are currently covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a buy rating. The average twelve-month target price among analysts that have covered the stock in the last year is $180.2857.

Several brokerages have weighed in on CBRE. Evercore reaffirmed an "outperform" rating and issued a $179.00 target price on shares of CBRE Group in a research report on Friday, April 24th. Wall Street Zen raised shares of CBRE Group from a "hold" rating to a "buy" rating in a research report on Saturday, April 25th. Barclays boosted their target price on shares of CBRE Group from $175.00 to $178.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 5th. Keefe, Bruyette & Woods boosted their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an "outperform" rating in a research report on Friday, April 24th. Finally, Weiss Ratings raised shares of CBRE Group from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, April 24th.

Read Our Latest Analysis on CBRE Group

CBRE Group Stock Performance

Shares of CBRE stock opened at $146.32 on Monday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. CBRE Group has a fifty-two week low of $118.81 and a fifty-two week high of $174.27. The stock's 50-day moving average is $140.88 and its two-hundred day moving average is $153.10. The firm has a market cap of $42.84 billion, a P/E ratio of 33.33 and a beta of 1.28.

CBRE Group (NYSE:CBRE - Get Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the prior year, the firm posted $0.86 EPS. The business's revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Analysts predict that CBRE Group will post 7.72 earnings per share for the current fiscal year.

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the business's stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the sale, the chief financial officer owned 126,501 shares of the company's stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Chad J. Doellinger sold 471 shares of the business's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares of the company's stock, valued at $5,676,711.69. This represents a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 9,917 shares of company stock valued at $1,463,618 in the last ninety days. Insiders own 0.46% of the company's stock.

Institutional Trading of CBRE Group

A number of institutional investors and hedge funds have recently made changes to their positions in CBRE. Fidelis Capital Partners LLC raised its position in shares of CBRE Group by 1.4% in the fourth quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider's stock valued at $709,000 after purchasing an additional 59 shares during the period. Community Bank & Trust Waco Texas raised its position in shares of CBRE Group by 0.5% in the fourth quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider's stock valued at $2,362,000 after purchasing an additional 70 shares during the period. Centersquare Investment Management LLC raised its position in shares of CBRE Group by 0.7% in the fourth quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider's stock valued at $1,683,000 after purchasing an additional 70 shares during the period. Parallel Advisors LLC raised its position in shares of CBRE Group by 1.9% in the third quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider's stock valued at $594,000 after purchasing an additional 71 shares during the period. Finally, Catalyst Capital Advisors LLC grew its position in shares of CBRE Group by 16.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider's stock valued at $81,000 after purchasing an additional 71 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company's stock.

About CBRE Group

(Get Free Report)

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.

Further Reading

Analyst Recommendations for CBRE Group (NYSE:CBRE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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