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NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$110.55
+3.12 (+2.90%)
(As of 07/26/2024 ET)
Today's Range
$108.57
$112.21
50-Day Range
$85.63
$110.55
52-Week Range
$64.63
$112.21
Volume
3.58 million shs
Average Volume
1.68 million shs
Market Capitalization
$33.92 billion
P/E Ratio
34.44
Dividend Yield
N/A
Price Target
$108.86

CBRE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
1.5% Downside
$108.86 Price Target
Short Interest
Healthy
2.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.53
Upright™ Environmental Score
News Sentiment
0.64mentions of CBRE Group in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.23%
From $4.48 to $5.70 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.

4.41 out of 5 stars

Finance Sector

144th out of 898 stocks

Real Estate Industry

2nd out of 26 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: Staying Positive With Beat-And-Raise Quarter
CBRE Group (NYSE:CBRE) Hits New 1-Year High After Analyst Upgrade
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
CBRE (NYSE:CBRE) Surprises With Q2 Sales
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
CBRE Group (CBRE) Scheduled to Post Earnings on Thursday
CBRE Aug 2024 77.500 put
3 Real Estate Stocks With High Growth Potential
CBRE's Audrey Frey to lead South Carolina offices
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
7/26/2024
Next Earnings (Estimated)
10/25/2024
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
$108.86
High Stock Price Target
$124.00
Low Stock Price Target
$95.00
Potential Upside/Downside
-1.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$986 million
Pretax Margin
3.83%

Debt

Sales & Book Value

Annual Sales
$32.47 billion
Cash Flow
$6.74 per share
Book Value
$29.75 per share

Miscellaneous

Free Float
305,167,000
Market Cap
$33.92 billion
Optionable
Optionable
Beta
1.40

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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 beat analysts' consensus estimates for earnings per share by $0.09 in the latest quarter, indicating strong financial performance.
  • The company's revenue for the quarter was up 7.1% compared to the same quarter last year, showing consistent revenue growth.
  • Institutional investors like Norges Bank, Wellington Management Group LLP, and Swedbank AB have made significant investments in CBRE Group, reflecting confidence in the company's future prospects.
  • CBRE Group has a return on equity of 12.96%, demonstrating efficient utilization of shareholder equity to generate profits.
  • The stock has a 52-week low of $64.63 and a 52-week high of $98.65, providing potential for capital appreciation based on historical price movements.

Cons

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

  • The company's price-to-earnings ratio is 27.07, which may indicate that the stock is relatively expensive compared to its earnings, potentially limiting short-term upside.
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 Friday, July 5, 2024. Please send any questions or comments about these CBRE Group pros and cons to contact@marketbeat.com.

CBRE Stock Analysis - Frequently Asked Questions

How have CBRE shares performed this year?

CBRE Group's stock was trading at $93.09 on January 1st, 2024. Since then, CBRE shares have increased by 18.8% and is now trading at $110.55.
View the best growth stocks for 2024 here
.

How were CBRE Group's earnings last quarter?

CBRE Group, Inc. (NYSE:CBRE) posted its earnings results on Thursday, July, 25th. The financial services provider reported $0.81 EPS for the quarter, topping the consensus estimate of $0.69 by $0.12. CBRE Group's revenue for the quarter was up 8.7% compared to the same quarter last year.

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.

Does CBRE Group have any subsidiaries?

The following companies are subsidiaries of CBRE Group: Buildingi, Union Gaming, Beezley Management, NEF, REATA Real Estate, Telford Homes, Florida Valuation, and more.

Who are CBRE Group's major shareholders?

CBRE Group's top institutional shareholders include Allspring Global Investments Holdings LLC (1.98%), Baillie Gifford & Co. (1.50%), Bank of New York Mellon Corp (0.60%) and Swedbank AB (0.49%). Insiders that own company stock include Brandon B Boze, John E Durburg, Daniel G Queenan, J Christopher Kirk, Chandra Dhandapani, Emma E Giamartino, Lindsey S Caplan, Robert E Sulentic, Laurence H Midler and Michael J Lafitte.
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.

What other stocks do shareholders of CBRE Group own?

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

This page (NYSE:CBRE) was last updated on 7/27/2024 by MarketBeat.com Staff

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