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NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$86.08
-0.68 (-0.78%)
(As of 05/29/2024 ET)
Today's Range
$85.09
$86.41
50-Day Range
$84.90
$98.11
52-Week Range
$64.63
$98.65
Volume
886,035 shs
Average Volume
1.64 million shs
Market Capitalization
$26.41 billion
P/E Ratio
26.82
Dividend Yield
N/A
Price Target
$99.50

CBRE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.6% Upside
$99.50 Price Target
Short Interest
Healthy
1.86% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.53
Upright™ Environmental Score
News Sentiment
0.29mentions of CBRE Group in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$249,445 Sold Last Quarter
Proj. Earnings Growth
27.78%
From $4.50 to $5.75 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.

4.02 out of 5 stars

Finance Sector

296th out of 874 stocks

Real Estate Industry

3rd out of 25 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, Inc. (CBRE)
Geo Group: Q1 Earnings Snapshot
Q1 2024 CBRE Group Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/03/2024
Today
5/29/2024
Next Earnings (Estimated)
7/25/2024
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
$99.50
High Stock Price Target
$107.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$986 million
Pretax Margin
3.83%

Debt

Sales & Book Value

Annual Sales
$31.95 billion
Cash Flow
$5.90 per share
Book Value
$29.66 per share

Miscellaneous

Free Float
305,167,000
Market Cap
$26.43 billion
Optionable
Optionable
Beta
1.44

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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 Wall Street analysts have issued 12-month price objectives for CBRE Group's shares. Their CBRE share price targets range from $85.00 to $107.00. On average, they expect the company's share price to reach $99.50 in the next year. This suggests a possible upside of 15.6% 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 on January 1st, 2024. Since then, CBRE stock has decreased by 7.5% and is now trading at $86.08.
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 May. As of May 15th, there was short interest totaling 5,680,000 shares, an increase of 8.8% from the April 30th total of 5,220,000 shares. Based on an average trading volume of 1,580,000 shares, the short-interest ratio is currently 3.6 days. Approximately 1.9% 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 Thursday, July 25th 2024.
View our CBRE earnings forecast
.

How were CBRE Group's earnings last quarter?

CBRE Group, Inc. (NYSE:CBRE) issued its earnings results on Friday, May, 3rd. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.09. The financial services provider had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.94 billion. CBRE Group had a net margin of 3.06% and a trailing twelve-month return on equity of 12.96%. The business's revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 earnings per share.
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, May, 3rd. The company provided earnings per share (EPS) guidance of 4.250-4.650 for the period, compared to the consensus earnings per share estimate of 4.380. 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.39%), Principal Financial Group Inc. (2.26%), Allspring Global Investments Holdings LLC (1.97%), Cantillon Capital Management LLC (1.67%), Baillie Gifford & Co. (1.52%) and Farallon Capital Management LLC (1.36%). 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 5/29/2024 by MarketBeat.com Staff

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