NYSE:CBRE - CBRE Group Stock Price, News & Analysis

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

CBRE Group Inc (NYSE:CBRE) issued its earnings results on Thursday, August, 1st. The financial services provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.03. The financial services provider had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.59 billion. CBRE Group had a net margin of 4.79% and a return on equity of 24.14%. The firm's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior 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 issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of $3.70-3.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.70.

7 brokers have issued 12 month target prices for CBRE Group's stock. Their forecasts range from $54.00 to $67.00. On average, they anticipate CBRE Group's stock price to reach $58.40 in the next year. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for CBRE Group.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBRE Group in the last year. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBRE Group.

Media coverage about CBRE stock has trended negative on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CBRE Group earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for CBRE Group.

CBRE Group saw a drop in short interest in the month of July. As of July 15th, there was short interest totalling 5,571,600 shares, a drop of 9.5% from the June 15th total of 6,155,900 shares. Based on an average trading volume of 1,450,000 shares, the short-interest ratio is presently 3.8 days. Currently, 1.7% of the shares of the stock are sold short. 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), HONGKONG LD HOL/ADR (HNGKY), NEW WORLD DEV L/ADR (NDVLY), HANG LUNG PROPE/S (HLPPY), Brookfield Property Partners (BPY), Land Securities Group (LSGOF), Hudson Pacific Properties (HPP), FirstService (FSV), Cushman & Wakefield (CWK), Terreno Realty (TRNO), Kennedy-Wilson (KW), Government Properties Income Trust (GOV), Colliers International Group (CIGI) 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), Netflix (NFLX), Visa (V), Wells Fargo & Co (WFC), Gilead Sciences (GILD) and Paypal (PYPL).

CBRE Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.28%), BlackRock Inc. (7.32%), JPMorgan Chase & Co. (3.98%), ValueAct Holdings L.P. (3.93%), Wells Fargo & Company MN (2.22%) and Cantillon Capital Management LLC (2.06%). 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, Robert E Sulentic and William F Concannon. View Insider Buying and Selling for CBRE Group.

CBRE stock was bought 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., Invesco Ltd., Cornerstone Investment Partners LLC, TimesSquare Capital Management LLC and United Services Automobile Association. 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, Scottrade, Fidelity and Charles Schwab.

One share of CBRE stock can currently be purchased for approximately $51.65.

CBRE Group has a market capitalization of $17.37 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]