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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
US consumer sentiment falls slightly as outlook for inflation worsens
Faced with possibly paying for news, Google removes links to California news sites for some users
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
US consumer sentiment falls slightly as outlook for inflation worsens
Faced with possibly paying for news, Google removes links to California news sites for some users
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
US consumer sentiment falls slightly as outlook for inflation worsens
Faced with possibly paying for news, Google removes links to California news sites for some users
NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$89.39
-1.29 (-1.42%)
(As of 04/12/2024 ET)
Today's Range
$88.88
$90.22
50-Day Range
$83.34
$98.11
52-Week Range
$64.63
$98.65
Volume
1.61 million shs
Average Volume
1.35 million shs
Market Capitalization
$27.33 billion
P/E Ratio
28.20
Dividend Yield
N/A
Price Target
$99.50

CBRE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
11.3% Upside
$99.50 Price Target
Short Interest
Healthy
1.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.53
Upright™ Environmental Score
News Sentiment
0.63mentions of CBRE Group in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$3.68 M Sold Last Quarter
Proj. Earnings Growth
30.27%
From $4.46 to $5.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.35 out of 5 stars

Finance Sector

220th out of 860 stocks

Real Estate Industry

3rd out of 21 stocks

CBRE stock logo

About CBRE Group Stock (NYSE:CBRE)

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. The Global Workplace Solutions segment provides facilities management, including day-to-day management of client-occupied space, headquarters, regional offices, administrative offices, data centers and other critical facilities, manufacturing and laboratory facilities, and distribution facilities and retail space; and project management services comprising building consulting, program, and project and cost management services under the Turner & Townsend brand name. The Real Estate Investments segment offers investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; and development services, such as real estate development and investment activities under the Trammell Crow Company and Telford Homes brands to users and investors in commercial real estate, and for their own account. CBRE Group, Inc. was founded in 1906 and is headquartered in Dallas, Texas.

CBRE Stock Price History

CBRE Stock News Headlines

CBRE Group (NYSE:CBRE) Rating Lowered to Hold at StockNews.com
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Company Calendar

Last Earnings
2/15/2024
Today
4/13/2024
Next Earnings (Confirmed)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Real Estate Services
CUSIP
12504L10
Employees
130,000
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$99.50
High Stock Price Target
$107.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+11.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$986 million
Pretax Margin
4.00%

Debt

Sales & Book Value

Annual Sales
$31.95 billion
Cash Flow
$5.91 per share
Book Value
$29.75 per share

Miscellaneous

Free Float
304,076,000
Market Cap
$27.33 billion
Optionable
Optionable
Beta
1.42

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Should I Buy CBRE Group Stock? CBRE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CBRE Group, Inc.:

  • CBRE Group has shown consistent growth in its stock price, indicating a positive trend in the market.
  • The company operates in the real estate industry, which historically has been a stable and lucrative sector for investment.
  • CBRE Group offers a wide range of services, including advisory, property management, and investment management, providing diversified revenue streams.
  • Recent reports from Wall Street analysts have shown positive sentiment towards CBRE Group, with buy and strong buy ratings, indicating confidence in the company's performance.
  • CBRE Group's global presence allows for exposure to various real estate markets, potentially reducing risk through geographic diversification.

Cons

Investors should be bearish about investing in CBRE Group, Inc. for these reasons:

  • The real estate market can be sensitive to economic fluctuations, impacting CBRE Group's performance and stock price.
  • Competition in the real estate services industry is intense, which could potentially affect CBRE Group's market share and profitability.
  • Changes in interest rates can influence the demand for real estate services and investments, affecting CBRE Group's financial performance.
  • Market volatility and uncertainties, such as geopolitical events or regulatory changes, may pose risks to CBRE Group's operations and financial results.
  • Investors should carefully consider their risk tolerance and investment goals before committing to CBRE Group, considering the inherent risks associated with the real estate sector.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these CBRE Group pros and cons to contact@marketbeat.com.

CBRE Stock Analysis - Frequently Asked Questions

Should I buy or sell CBRE Group stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CBRE Group in the last year. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CBRE shares.
View CBRE analyst ratings
or view top-rated stocks.

What is CBRE Group's stock price target for 2024?

6 brokers have issued twelve-month price objectives for CBRE Group's stock. Their CBRE share price targets range from $85.00 to $107.00. On average, they predict the company's stock price to reach $99.50 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for CBRE
or view top-rated stocks among Wall Street analysts.

How have CBRE shares performed in 2024?

CBRE Group's stock was trading at $93.09 at the beginning of 2024. Since then, CBRE stock has decreased by 4.0% and is now trading at $89.39.
View the best growth stocks for 2024 here
.

Are investors shorting CBRE Group?

CBRE Group saw a increase in short interest in March. As of March 15th, there was short interest totaling 5,510,000 shares, an increase of 10.4% from the February 29th total of 4,990,000 shares. Based on an average trading volume of 1,620,000 shares, the days-to-cover ratio is presently 3.4 days. Currently, 1.8% of the company's stock are short sold.
View CBRE Group's Short Interest
.

When is CBRE Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our CBRE earnings forecast
.

How can I listen to CBRE Group's earnings call?

CBRE Group will be holding an earnings conference call on Friday, May 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745735#".

How were CBRE Group's earnings last quarter?

CBRE Group, Inc. (NYSE:CBRE) released its quarterly earnings results on Thursday, February, 15th. The financial services provider reported $1.38 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.17. The financial services provider earned $8.95 billion during the quarter, compared to the consensus estimate of $8.44 billion. CBRE Group had a trailing twelve-month return on equity of 13.69% and a net margin of 3.09%. The company's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm posted $1.33 EPS.
Read the conference call transcript
.

What guidance has CBRE Group issued on next quarter's earnings?

CBRE Group updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 4.250-4.650 for the period, compared to the consensus EPS estimate of 4.340. The company issued revenue guidance of -.

What is Robert E. Sulentic's approval rating as CBRE Group's CEO?

1,817 employees have rated CBRE Group Chief Executive Officer Robert E. Sulentic on Glassdoor.com. Robert E. Sulentic has an approval rating of 92% among the company's employees. This puts Robert E. Sulentic in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of CBRE Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBRE Group investors own include CVS Health (CVS), Alibaba Group (BABA), Home Depot (HD), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS), Johnson & Johnson (JNJ), Starbucks (SBUX), NVIDIA (NVDA) and QUALCOMM (QCOM).

Who are CBRE Group's major shareholders?

CBRE Group's stock is owned by many different institutional and retail investors. Top institutional investors include Banque Cantonale Vaudoise (0.02%), Czech National Bank (0.02%), Park Avenue Securities LLC (0.01%), Gulf International Bank UK Ltd (0.01%), First Hawaiian Bank (0.01%) and Triad Investment Management (0.01%). Insiders that own company stock include Brandon B Boze, Chandra Dhandapani, Daniel G Queenan, Emma E Giamartino, Emma E Giamartino, J Christopher Kirk, John E Durburg, Laurence H Midler, Lindsey S Caplan, Michael J Lafitte and Robert E Sulentic.
View institutional ownership trends
.

How do I buy shares of CBRE Group?

Shares of CBRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does CBRE Group have any subsidiaries?
The following companies are subsidiares of CBRE Group: Atrium AS, Aurora Projects Pty Ltd., Beezley Management, Brenner - Real Estate Group, Buildingi, CB/TCC Global Holdings Limited, CB/TCC LLC, CBRE Capital Markets Inc., CBRE Global Acquisition Company, CBRE Global Holdings, CBRE Holdco Inc., CBRE Holdings LLC, CBRE Holdings Limited, CBRE Inc., CBRE Limited, CBRE Luxembourg Holdings, CBRE Partner Inc., CBRE Services Inc., Caledon Capital Management, Capstone Financial Solutions, Convergences-CVL, Custom Spaces, FacilitySource, Floored, Florida Valuation, Forum Analytics, Franc Warwick Chartered Surveyors, Heery International, Mainstream Software, Michael Horwitz & Company, NEF, Norland Managed Services, Noveen Consulting, REATA Real Estate, Race Property, Ramot Group, Relam Amsterdam Holdings B.V., Romonet, Sitehawk Retail Real Estate, Skye Group, Tax Credit Group, Telford Homes, Trammell Crow Company, and Union Gaming.
Read More
This page (NYSE:CBRE) was last updated on 4/13/2024 by MarketBeat.com Staff

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