NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$86.76
-0.35 (-0.40%)
(As of 04/24/2024 ET)
Today's Range
$85.96
$87.28
50-Day Range
$84.90
$98.11
52-Week Range
$64.63
$98.65
Volume
988,864 shs
Average Volume
1.65 million shs
Market Capitalization
$26.63 billion
P/E Ratio
27.37
Dividend Yield
N/A
Price Target
$99.50

CBRE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
14.7% 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
0.70mentions of CBRE Group in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$3.68 M Sold Last Quarter
Proj. Earnings Growth
30.18%
From $4.44 to $5.78 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.

4.38 out of 5 stars

Finance Sector

202nd out of 853 stocks

Real Estate Industry

3rd out of 23 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) Upgraded to Buy at StockNews.com
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Downtown Tampa office tower nears nine-figure sale
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
21 Largest Real Estate Companies in the World
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/25/2024
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
+14.7%
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
$6.05 per share
Book Value
$29.75 per share

Miscellaneous

Free Float
305,291,000
Market Cap
$26.63 billion
Optionable
Optionable
Beta
1.42

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CBRE Stock Analysis - Frequently Asked Questions

Should I buy or sell CBRE Group stock right now?

6 Wall Street 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 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 Wall Street analysts have issued 12 month target prices for CBRE Group's shares. Their CBRE share price targets range from $85.00 to $107.00. On average, they expect the company's stock price to reach $99.50 in the next year. This suggests a possible upside of 14.7% 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 start of the year. Since then, CBRE shares have decreased by 6.8% and is now trading at $86.76.
View the best growth stocks for 2024 here
.

Are investors shorting CBRE Group?

CBRE Group saw a increase in short interest during the month of 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 daily volume of 1,620,000 shares, the short-interest ratio is currently 3.4 days. Approximately 1.8% of the company's shares 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) posted its earnings results on Thursday, February, 15th. The financial services provider reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.17. The financial services provider earned $8.95 billion during the quarter, compared to analysts' expectations of $8.44 billion. CBRE Group had a net margin of 3.09% and a trailing twelve-month return on equity of 13.69%. The company's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the business earned $1.33 EPS.
Read the conference call transcript
.

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

CBRE Group issued an update on its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share (EPS) 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 a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.97%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Assenagon Asset Management S.A. (0.13%), Raymond James & Associates (0.08%), AMF Tjanstepension AB (0.04%) and Busey Bank (0.04%). 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.
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This page (NYSE:CBRE) was last updated on 4/25/2024 by MarketBeat.com Staff

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