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 year. 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.
View CBRE analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 12-month target prices for CBRE Group's shares. Their CBRE share price forecasts range from $80.00 to $101.00. On average, they anticipate the company's stock price to reach $89.57 in the next year. This suggests a possible upside of 23.0% from the stock's current price.
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CBRE Group's stock was trading at $76.96 on January 1st, 2023. Since then, CBRE shares have decreased by 5.4% and is now trading at $72.81.
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CBRE Group saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 5,850,000 shares, an increase of 8.5% from the February 28th total of 5,390,000 shares. Based on an average trading volume of 1,490,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 1.9% of the company's stock are sold short.
View CBRE Group's Short Interest.

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) posted its quarterly earnings results on Thursday, February, 23rd. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.14. The financial services provider had revenue of $8.19 billion for the quarter, compared to analyst estimates 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 firm's revenue was down 4.2% compared to the same quarter last year. During the same period last year, the firm posted $2.19 EPS.
Read the conference call transcript.

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), BTD Capital Fund (DIP), 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) and Direxion Daily Real Estate Bull 3X Shares (DRN).

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 variety of institutional and retail 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 $72.81.

CBRE Group (NYSE:CBRE) has a market capitalization of $22.56 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.