CBRE Group Stock Price, News & Analysis (NYSE:CBRE)

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

CBRE Group Inc (NYSE:CBRE) announced its quarterly earnings data on Thursday, August, 1st. The financial services provider reported $0.81 EPS for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.03. The financial services provider had revenue of $5.71 billion for the quarter, compared to the consensus estimate of $5.59 billion. CBRE Group had a return on equity of 24.14% and a net margin of 4.79%. The firm's revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.74 earnings per share. View CBRE Group's Earnings History.

CBRE Group is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for CBRE Group.

CBRE Group updated its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $3.70-3.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.70.

6 analysts have issued 1 year price targets for CBRE Group's shares. Their forecasts range from $54.00 to $67.00. On average, they anticipate CBRE Group's stock price to reach $58.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for CBRE Group.

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBRE Group.

News headlines about CBRE stock have been trending somewhat negative this week, according to InfoTrie. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CBRE Group earned a news impact score of -1.3 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for CBRE Group.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other CBRE Group investors own include Alibaba Group (BABA), Cisco Systems (CSCO), Micron Technology (MU), Intel (INTC), NVIDIA (NVDA), Visa (V), Netflix (NFLX), Paypal (PYPL), Wells Fargo & Co (WFC) and Adobe (ADBE).

CBRE Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.28%), BlackRock Inc. (7.32%), BlackRock Inc. (7.32%), JPMorgan Chase & Co. (3.98%), ValueAct Holdings L.P. (3.93%) and Wells Fargo & Company MN (2.22%). Company insiders that own CBRE Group stock include Brandon B Boze, Brandon Boze, Calvin W Frese Jr, Curtis F Feeny, Dara Bazzano, Frederic V Malek, Gerardo I Lopez, Holdings LP Valueact, J Christopher Kirk, James R Groch, Laura D Tyson, Laurence H Midler, Michael J Lafitte, Robert E Sulentic, Valueact Capital Master Fund, and William F Concannon. View Institutional Ownership Trends for CBRE Group.

CBRE stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., JPMorgan Chase & Co., Marshall Wace LLP, Marshall Wace North America L.P., Obermeyer Wood Investment Counsel Lllp, HBK Investments L P, Jacobs Levy Equity Management Inc. and SG Americas Securities LLC. Company insiders that have sold CBRE Group company stock in the last year include Brandon B Boze, Curtis F Feeny, Dara Bazzano, J Christopher Kirk, James R Groch, Laurence H Midler, Michael J Lafitte and Robert E Sulentic. View Insider Buying and Selling for CBRE Group.

CBRE stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Cohen & Steers Inc., Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Invesco Ltd., Cornerstone Investment Partners LLC and TimesSquare Capital Management LLC. View Insider Buying and Selling 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 $53.54.

CBRE Group has a market capitalization of $18.01 billion and generates $21.34 billion in revenue each year. The financial services provider earns $1.06 billion in net income (profit) each year or $3.28 on an earnings per share basis. CBRE Group employs 90,000 workers across the globe.View Additional Information About CBRE Group.

The official website for CBRE Group is http://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]