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) released its quarterly earnings results on Thursday, August, 1st. The financial services provider reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.03. The financial services provider had revenue of $5.71 billion for the quarter, compared to analysts' expectations 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 quarter in the previous 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 Wednesday, November 6th 2019. View Earnings Estimates for CBRE Group.

CBRE Group will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CBRE Group updated 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 EPS estimate of $3.70.

6 Wall Street analysts have issued twelve-month price objectives for CBRE Group's stock. Their forecasts range from $54.00 to $67.00. On average, they anticipate CBRE Group's share price to reach $58.00 in the next twelve months. This suggests a possible upside of 11.1% 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.

Media headlines about CBRE stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CBRE Group earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned media 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 next few days. View News Stories for CBRE Group.

CBRE Group saw a increase in short interest in September. As of September 30th, there was short interest totalling 6,240,000 shares, an increase of 15.6% from the August 30th total of 5,400,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 1.9% of the shares of the company are short sold. 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), 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), 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), NVIDIA (NVDA), Intel (INTC), Netflix (NFLX), Paypal (PYPL), Mastercard (MA), Visa (V) and Adobe (ADBE).

CBRE Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include YCG LLC (0.24%), Robeco Institutional Asset Management B.V. (0.18%), Envestnet Asset Management Inc. (0.11%), Suncoast Equity Management (0.10%), Zurcher Kantonalbank Zurich Cantonalbank (0.09%) and Artemis Investment Management LLP (0.07%). 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 Bowling Portfolio Management LLC, Three Peaks Capital Management LLC, Legacy Private Trust Co., Suncoast Equity Management, Assenagon Asset Management S.A., Cerebellum GP LLC, Ingalls & Snyder LLC and Alpha Windward 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 bought by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Envestnet Asset Management Inc., NuWave Investment Management LLC, Commerzbank Aktiengesellschaft FI, Pacer Advisors Inc. and Campbell & CO Investment Adviser 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 $52.21.

CBRE Group has a market capitalization of $17.56 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]