CBRE Group (NYSE:CBRE) Issues FY 2025 Earnings Guidance

Key Points

• CBRE Group has updated its earnings guidance for FY 2025, projecting earnings per share between 6.100 and 6.200, exceeding the consensus estimate of 5.978.
• Recent analyst ratings show mixed opinions, with price targets adjusted between $130.00 and $166.00, while the overall consensus remains a "Moderate Buy."
• The company's stock has experienced a slight decrease of 0.5%, and insider activity reveals significant recent sales of shares by executives.

CBRE Group (NYSE:CBRE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.100-6.200 for the period, compared to the consensus earnings per share estimate of 5.978. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Wall Street Zen cut shares of CBRE Group from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. UBS Group raised their price objective on shares of CBRE Group from $130.00 to $146.00 and gave the company a "neutral" rating in a research note on Wednesday, July 2nd. Raymond James Financial raised their price objective on shares of CBRE Group from $163.00 to $166.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. Morgan Stanley reiterated an "overweight" rating and issued a $170.00 target price (up from $160.00) on shares of CBRE Group in a report on Thursday, June 12th. Finally, JPMorgan Chase & Co. cut their target price on shares of CBRE Group from $163.00 to $141.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $158.00.

CBRE Group Stock Performance

CBRE Group stock traded down $1.85 during midday trading on Friday, hitting $153.89. The company's stock had a trading volume of 1,831,747 shares, compared to its average volume of 1,848,057. CBRE Group has a 1-year low of $105.17 and a 1-year high of $161.03. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.13 and a quick ratio of 1.00. The company has a 50-day moving average price of $136.84 and a two-hundred day moving average price of $133.02. The company has a market cap of $45.79 billion, a price-to-earnings ratio of 43.11 and a beta of 1.30.

CBRE Group (NYSE:CBRE - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.14. The business had revenue of $9.75 billion during the quarter, compared to analysts' expectations of $9.50 billion. CBRE Group had a net margin of 2.86% and a return on equity of 18.89%. As a group, sell-side analysts predict that CBRE Group will post 5.99 earnings per share for the current year.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, CAO Lindsey S. Caplan sold 1,935 shares of the company's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $140.00, for a total transaction of $270,900.00. Following the transaction, the chief accounting officer owned 20,131 shares in the company, valued at approximately $2,818,340. This represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Emma E. Giamartino sold 1,972 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $129.10, for a total transaction of $254,585.20. Following the completion of the sale, the chief financial officer owned 105,371 shares of the company's stock, valued at approximately $13,603,396.10. This represents a 1.84% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,031 shares of company stock worth $1,139,304. Corporate insiders own 0.42% of the company's stock.

Hedge Funds Weigh In On CBRE Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its position in CBRE Group by 67.0% during the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider's stock valued at $58,000 after purchasing an additional 179 shares during the last quarter. Brighton Jones LLC raised its stake in shares of CBRE Group by 322.9% during the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider's stock worth $1,903,000 after acquiring an additional 11,065 shares in the last quarter. Finally, Woodline Partners LP raised its stake in shares of CBRE Group by 38.2% during the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider's stock worth $3,266,000 after acquiring an additional 6,908 shares in the last quarter. Institutional investors own 98.41% of the company's stock.

CBRE Group Company Profile

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.