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

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

CBRE Group Inc (NYSE:CBRE) announced its quarterly earnings results on Thursday, February, 27th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by $0.03. The financial services provider had revenue of $7.12 billion for the quarter, compared to the consensus estimate of $6.84 billion. CBRE Group had a net margin of 4.50% and a return on equity of 23.24%. The company's revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.21 earnings per share. View CBRE Group's Earnings History.

CBRE Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for CBRE Group.

CBRE Group issued an update on its FY20 earnings guidance on Thursday, February, 27th. The company provided earnings per share guidance of $4.05-4.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.09.

6 analysts have issued 12 month target prices for CBRE Group's shares. Their forecasts range from $54.00 to $72.00. On average, they anticipate CBRE Group's share price to reach $61.75 in the next twelve months. This suggests a possible upside of 11.7% 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 and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CBRE Group.

Media coverage about CBRE stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CBRE Group earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news 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 near term. View News Stories for CBRE Group.

CBRE Group saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 5,820,000 shares, a decrease of 6.9% from the January 15th total of 6,250,000 shares. Based on an average daily volume of 1,350,000 shares, the days-to-cover ratio is currently 4.3 days. Currently, 1.8% of the shares of the company 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), Gecina (GECFF), NEW WORLD DEV L/ADR (NDVLY), HONGKONG LD HOL/ADR (HNGKY), HANG LUNG PROPE/S (HLPPY), Brookfield Property Partners (BPY), Hudson Pacific Properties (HPP), FirstService (FSV), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Colliers International Group (CIGI), Kennedy-Wilson (KW), Gazit Globe (GZTGF) and Urban Edge Properties (UE).

Based on aggregate information from My MarketBeat watchlists, some companies that other CBRE Group investors own include Alibaba Group (BABA), Cisco Systems (CSCO), CVS Health (CVS), Applied Materials (AMAT), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), Netflix (NFLX), NVIDIA (NVDA) and Walt Disney (DIS).

CBRE Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (4.38%), Principal Financial Group Inc. (2.99%), Alliancebernstein L.P. (2.51%), FMR LLC (2.24%), Cantillon Capital Management LLC (2.02%) and Geode Capital Management LLC (1.55%). 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, J Christopher Kirk, James R Groch, Laura D Tyson, Laurence H Midler, Michael J Lafitte, Robert E Sulentic 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 Cohen & Steers Inc., State of Michigan Retirement System, Panagora Asset Management Inc., UBS Group AG, Obermeyer Wood Investment Counsel Lllp, Schroder Investment Management Group, Victory Capital Management Inc. and Jennison Associates 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 Loomis Sayles & Co. L P, Man Group plc, Marshall Wace LLP, Principal Financial Group Inc., Hexavest Inc., AQR Capital Management LLC, State Street Corp and Jacobs Levy Equity Management Inc.. 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 $55.29.

CBRE Group has a market capitalization of $18.51 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]