NYSE:CBRECBRE Group Stock Price, Forecast & News

CBRE Group's stock was trading at $49.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CBRE stock has decreased by 6.6% and is now trading at $46.40. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBRE Group in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CBRE Group.

CBRE Group is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for CBRE Group.

CBRE Group Inc (NYSE:CBRE) issued its quarterly earnings data on Thursday, May, 7th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.70 by $0.05. The financial services provider had revenue of $5.89 billion for the quarter, compared to the consensus estimate of $5.40 billion. CBRE Group had a net margin of 5.23% and a return on equity of 21.37%. The business's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.79 earnings per share. View CBRE Group's earnings history.

8 brokers have issued 12-month target prices for CBRE Group's shares. Their forecasts range from $35.00 to $72.00. On average, they anticipate CBRE Group's stock price to reach $52.14 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View analysts' price targets for CBRE Group.

Press coverage about CBRE stock has trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CBRE Group earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about CBRE Group.

CBRE Group saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 8,750,000 shares, an increase of 15.4% from the June 15th total of 7,580,000 shares. Based on an average daily volume of 2,470,000 shares, the short-interest ratio is currently 3.5 days. Approximately 2.6% of the company's shares are short sold. View CBRE Group's Current Options Chain.

Some companies that are related to CBRE Group include Vonovia SE Depository Receipt (VONOY), HENDERSON LD DE/S (HLDCY), HANG LUNG PROPE/S (HLPPY), NEW WORLD DEV L/ADR (NDVLY), HONGKONG LD HOL/ADR (HNGKY), Gecina (GECFF), Brookfield Property Partners (BPY), FirstService (FSV), Hudson Pacific Properties (HPP), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Colliers International Group (CIGI), Kennedy-Wilson (KW), Innovative Industrial Properties (IIPR) and Shanghai Industrial (SGHIY). View all competitors.

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

CBRE Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBRE."

CBRE Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.04%) and Ellevest Inc. (0.00%). Company insiders that own CBRE Group stock include Brandon B Boze, Curtis F Feeny, Dara Bazzano, Gerardo I Lopez, J Christopher Kirk, James R Groch, Laurence H Midler, Michael J Lafitte, Raymond E Wirta, Robert E Sulentic, Shira Goodman and William F Concannon. View institutional ownership trends for CBRE Group.

CBRE stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Ellevest Inc.. Company insiders that have bought CBRE Group stock in the last two years include Gerardo I Lopez, and Shira Goodman. View insider buying and selling activity for CBRE Group.

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

One share of CBRE stock can currently be purchased for approximately $46.40.

CBRE Group has a market capitalization of $15.55 billion and generates $23.89 billion in revenue each year. The financial services provider earns $1.28 billion in net income (profit) each year or $3.71 on an earnings per share basis. CBRE Group employs 100,000 workers across the globe.

The official website for CBRE Group is www.cbre.com.

CBRE Group's mailing address is 400 SOUTH HOPE STREET 25TH FLOOR, LOS ANGELES CA, 90071. The financial services provider can be reached via phone at 213-613-3333 or via email at [email protected]