CBRE Group - CBRE Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CBRE Group in the last twelve months. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CBRE shares.
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5 brokers have issued 1 year price targets for CBRE Group's shares. Their CBRE share price forecasts range from $86.00 to $101.00. On average, they expect the company's share price to reach $92.43 in the next twelve months. This suggests a possible upside of 25.1% from the stock's current price.
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CBRE Group's stock was trading at $76.96 at the beginning of 2023. Since then, CBRE shares have decreased by 4.0% and is now trading at $73.87.
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CBRE Group saw a increase in short interest in February. As of February 28th, there was short interest totaling 5,390,000 shares, an increase of 6.5% from the February 13th total of 5,060,000 shares. Based on an average daily trading volume, of 1,370,000 shares, the short-interest ratio is currently 3.9 days. Approximately 1.8% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our CBRE earnings forecast.

CBRE Group, Inc. (NYSE:CBRE) issued its earnings results on Thursday, February, 23rd. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.14. The financial services provider earned $8.19 billion during the quarter, compared to analysts' expectations of $7.97 billion. CBRE Group had a net margin of 4.57% and a trailing twelve-month return on equity of 21.07%. The company's revenue was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.19 EPS.
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ETFs with the largest weight of CBRE Group (NYSE:CBRE) stock in their portfolio include Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), Fidelity Real Estate Investment ETF (FPRO), Guru Favorite Stocks ETF (GFGF), Real Estate Select Sector SPDR Fund (XLRE), Horizon Kinetics Inflation Beneficiaries ETF (INFL), Nuveen ESG Mid-Cap Growth ETF (NUMG), Direxion Daily Real Estate Bull 3X Shares (DRN) and iShares U.S. Real Estate ETF (IYR).

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.

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).

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 retail and institutional investors. Top institutional shareholders include Harris Associates L P (4.32%), Geode Capital Management LLC (2.23%), Baillie Gifford & Co. (1.88%), Principal Financial Group Inc. (1.82%), Allspring Global Investments Holdings LLC (1.81%) and Generation Investment Management LLP (1.73%). Insiders that own company stock include Brandon B Boze, Chandra Dhandapani, Daniel G Queenan, Emma E Giamartino, Emma E Giamartino, J Christopher Kirk, Laurence H Midler, Michael J Lafitte, Raymond E Wirta, Robert E Sulentic and Shira Goodman.
View institutional ownership trends.

Shares of CBRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CBRE stock can currently be purchased for approximately $73.87.

CBRE Group (NYSE:CBRE) has a market capitalization of $22.89 billion and generates $30.83 billion in revenue each year. The financial services provider earns $1.41 billion in net income (profit) each year or $4.27 on an earnings per share basis.

The company employs 115,000 workers across the globe.

CBRE Group's mailing address is 400 SOUTH HOPE STREET 25TH FLOOR, LOS ANGELES CA, 90071. The official website for the company is www.cbre.com. The financial services provider can be reached via phone at (214) 979-6100, via email at investorrelations@cbre.com, or via fax at 213-613-3005.