NYSE:CBRE

CBRE Group (CBRE) Stock Forecast, Price & News

$73.51

-0.16 (-0.22%)

(As of 09/27/2023 ET)

Compare

Today's Range: $72.15
▼
$74.00
50-Day Range: $73.67
▼
$88.91
52-Week Range: $66.31
▼
$89.58

Volume: 2.51 million shs
Average Volume: 1.68 million shs
Market Capitalization: $22.78 billion

P/E Ratio: 27.84
Dividend Yield: N/A
Price Target: $92.67

CBRE Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 26.1% Upside
$92.67 Price Target
Short Interest: Bearish
2.64% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.53
Upright™ Environmental Score
News Sentiment: 0.41
Based on 9 Articles This Week
Insider Trading: Selling Shares
$376.67 M Sold Last Quarter
Proj. Earnings Growth: 26.65%
From $4.39 to $5.56 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Finance Sector

292nd out of 848 stocks

Real Estate Industry

9th out of 23 stocks

3.4

Analyst's Opinion

Consensus Rating
CBRE Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $92.67, CBRE Group has a forecasted upside of 26.1% from its current price of $73.51.
Amount of Analyst Coverage
CBRE Group has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.64% of the float of CBRE Group has been sold short.
Short Interest Ratio / Days to Cover
CBRE Group has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in CBRE Group has recently increased by 10.19%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
CBRE Group does not currently pay a dividend.
Dividend Growth
CBRE Group does not have a long track record of dividend growth.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CBRE Group has received a 21.23% net impact score from Upright. CBRE seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Mortgages", "Real estate funds investing in industrial, logistics and warehousing buildings", and "Real estate funds" products. See details.
Environmental Sustainability
The Environmental Impact score for CBRE Group is -1.53.

1.9

News and Social Media Coverage

News Sentiment
CBRE Group has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for CBRE Group this week, compared to 9 articles on an average week.
Search Interest
Only 4 people have searched for CBRE on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
MarketBeat Follows
3 people have added CBRE Group to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CBRE Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $376,671,358.00 in company stock.
Percentage Held by Insiders
Only 0.53% of the stock of CBRE Group is held by insiders.
Percentage Held by Institutions
96.71% of the stock of CBRE Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for CBRE Group are expected to grow by 26.65% in the coming year, from $4.39 to $5.56 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CBRE Group is 27.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of CBRE Group is 27.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 87.95.
Price to Book Value per Share Ratio
CBRE Group has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CBRE Group (NYSE:CBRE) Stock

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices; industrial and retail space; property sales and mortgage services under the CBRE Capital Markets brand; property and project management services, including construction management, marketing, building engineering, lease administration, accounting, and financial services for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment offers facilities management, project management, and transaction management services. The Real Estate Investments segment provides investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; development services under the Trammell Crow Company brand primarily to users of and investors in commercial real estate; and flexible-space solutions under the CBRE Hana brand CBRE Group, Inc. was founded in 1906 and is headquartered in Dallas, Texas.

CBRE Price History

30 days | 90 days | 365 days | Advanced Chart

CBRE Stock News Headlines

September 26, 2023 | finance.yahoo.com

CBRE Taps Dean Hunt to Lead LA North Region

September 22, 2023 | finance.yahoo.com

Understanding the Dividend Dynamics of MainStay CBRE Global Infrastructure Megatrends Fund

September 28, 2023 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

September 21, 2023 | finance.yahoo.com

CBRE Group Inc (RF6.SG)

September 21, 2023 | bizjournals.com

Talent migration trends buck narratives, CBRE report says. Here’s what it means for Orlando.

September 21, 2023 | msn.com

SEC fines CBRE for violating whistleblower protections

September 20, 2023 | msn.com

CBRE invests in carbon accounting software provider Emitwise

September 20, 2023 | finance.yahoo.com

CBRE Enters into Partnership to Accelerate Carbon Emission Reductions Across Global Supply Chain

September 28, 2023 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

September 19, 2023 | finance.yahoo.com

CBRE settles with SEC over alleged whistleblower violations

September 19, 2023 | finance.yahoo.com

SEC Fines Real-Estate Firm CBRE Over Violations of Whistleblower Protections

September 19, 2023 | americanbankingnews.com

CBRE Group (NYSE:CBRE) Receives "Buy" Rating from Citigroup

September 18, 2023 | msn.com

How CBRE’s top tech expert thinks AI could change the commercial real estate industry

September 17, 2023 | finance.yahoo.com

San Francisco Office Market Shows Signs of Life

September 15, 2023 | bizjournals.com

CBRE: Sun Belt talent pool is growing but lags major markets by decades

September 15, 2023 | finance.yahoo.com

Portfolio Manager Joseph Smith Buys 6,060 Shares of CBRE Clarion Global Real Estate Income Fund ...

September 14, 2023 | markets.businessinsider.com

Analyst Ratings for CBRE Group

September 13, 2023 | finance.yahoo.com

Property Brokers Slump With High Borrowing Costs Weighing on Deals

September 13, 2023 | finance.yahoo.com

CBRE exec: How workplace tech plays vital role following pandemic

September 11, 2023 | msn.com

Evercore ISI Group Maintains CBRE Group Inc - (CBRE) Outperform Recommendation

September 11, 2023 | msn.com

London planning approvals lowest since 2008 as red tape and interest rates suppress housebuilding

September 11, 2023 | bizjournals.com

Leasing Tracker: Boca Raton office building 88% leased; Homesense opens 1st South Florida location

September 8, 2023 | bizjournals.com

Leasing activity heats up at One World Trade Center

September 8, 2023 | bizjournals.com

Nic on 5th downtown Minneapolis apartment tower sells for $70 million

September 7, 2023 | msn.com

Company news: Cory LaDuke hired by CBRE Upstate NY

September 6, 2023 | finance.yahoo.com

CORRECTING and REPLACING CBRE Group, Inc. to Present at the Barclays 2023 Global Financial Services Conference

September 5, 2023 | benzinga.com

Hanley Investment Group Arranges Sale of New Construction Starbucks Drive-Thru in Fresno, Calif., for $3.18 Million

See More Headlines

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CBRE Company Calendar

Last Earnings: 7/27/2023
Today: 9/28/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate
Sub-Industry: Real Estate Services
Sector: Finance
Current Symbol: NYSE:CBRE
CUSIP: 12504L10
CIK: 1138118
Web: www.cbre.com
Phone: (214) 979-6100
Fax: 213-613-3005
Employees: 115,000
Year Founded: 1906

Price Target and Rating

Average Stock Price Forecast: $92.67
High Stock Price Forecast: $100.00
Low Stock Price Forecast: $88.00
Forecasted Upside/Downside: +26.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.64
Trailing P/E Ratio: 27.84
Forward P/E Ratio: 16.74
P/E Growth: N/A
Net Income: $1.41 billion
Net Margins: 2.74%
Pretax Margin: 3.47%
Return on Equity: 15.42%
Return on Assets: 6.42%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.16
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: $30.83 billion
Price / Sales: 0.74
Cash Flow: $7.89 per share
Price / Cash Flow: 9.32
Book Value: $27.24 per share
Price / Book: 2.70

Miscellaneous

Outstanding Shares: 309,840,000
Free Float: 308,196,000
Market Cap: $22.78 billion
Optionable: Optionable
Beta: 1.36

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Key Executives

Mr. Robert E. Sulentic (Age 67)
Pres, CEO & Director
Comp: $3.65M

Ms. Emma E. Giamartino (Age 39)
Chief Financial Officer
Comp: $1.65M

Mr. Daniel G. Queenan J.D. (Age 51)
Chief Exec. Officer of Real Estate Investments
Comp: $1.84M

Mr. John E. Durburg (Age 58)
Chief Exec. Officer of Advisory Services
Comp: $1.83M

Ms. Chandra Dhandapani (Age 55)
Chief Exec. Officer of Global Workplace Solutions
Comp: $1.91M

Mr. Vikramaditya Kohli (Age 43)
Chief Operating Officer

Mr. Croft Young
Chief Investment Officer

Mr. Lindsey Caplan (Age 49)
Chief Accounting Officer

Mr. Bradley Kenneth Burke C.F.A. (Age 40)
CPA, Head of Investor Relations

Ms. Elizabeth Atlee
Sr. VP and Chief Ethics & Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CBRE Stock - Frequently Asked Questions

Should I buy or sell CBRE Group stock right now?: 6 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, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CBRE shares.
View CBRE analyst ratings or view top-rated stocks.
What is CBRE Group's stock price forecast for 2023?: 6 Wall Street research analysts have issued twelve-month price targets for CBRE Group's stock. Their CBRE share price forecasts range from $88.00 to $100.00. On average, they predict the company's stock price to reach $92.67 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price.
View analysts price targets for CBRE or view top-rated stocks among Wall Street analysts.
How have CBRE shares performed in 2023?: CBRE Group's stock was trading at $76.96 at the beginning of the year. Since then, CBRE stock has decreased by 4.5% and is now trading at $73.51.
View the best growth stocks for 2023 here.
Are investors shorting CBRE Group?: CBRE Group saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 8,110,000 shares, an increase of 10.2% from the August 31st total of 7,360,000 shares. Based on an average trading volume of 1,640,000 shares, the short-interest ratio is presently 4.9 days. Approximately 2.6% of the company's shares are sold short.
View CBRE Group's Short Interest.
When is CBRE Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CBRE earnings forecast.
How were CBRE Group's earnings last quarter?: CBRE Group, Inc. (NYSE:CBRE) posted its earnings results on Thursday, July, 27th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.05. The financial services provider earned $7.72 billion during the quarter, compared to the consensus estimate of $7.30 billion. CBRE Group had a net margin of 2.74% and a trailing twelve-month return on equity of 15.42%. The firm's quarterly revenue was down .7% compared to the same quarter last year. During the same period last year, the business posted $1.83 earnings per share.
Read the conference call transcript.
What ETFs hold CBRE Group's stock?: ETFs with the largest weight of CBRE Group (NYSE:CBRE) stock in their portfolio include Janus Henderson U.S. Real Estate ETF (JRE), Fidelity Real Estate Investment ETF (FPRO), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), Invesco S&P 500 Equal Weight Real Estate ETF (RSPR), Real Estate Select Sector SPDR Fund (XLRE), Horizon Kinetics Inflation Beneficiaries ETF (INFL), Nuveen ESG Mid-Cap Growth ETF (NUMG) and iShares U.S. Real Estate ETF (IYR).
What is Robert E. Sulentic's approval rating as CBRE Group's CEO?: 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.

What other stocks do shareholders of CBRE Group own?: 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).
What is CBRE Group's stock symbol?: CBRE Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBRE."
Who are CBRE Group's major shareholders?: CBRE Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (71.08%), BlackRock Inc. (9.05%), Harris Associates L P (4.76%), State Street Corp (4.35%), Geode Capital Management LLC (2.32%) and Principal Financial Group Inc. (1.91%). 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, Lindsey S Caplan, Michael J Lafitte and Robert E Sulentic.
View institutional ownership trends.
How do I buy shares of CBRE Group?: 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.
Compare Top Brokerages Here.
What is CBRE Group's stock price today?: One share of CBRE stock can currently be purchased for approximately $73.51.
How much money does CBRE Group make?: CBRE Group (NYSE:CBRE) has a market capitalization of $22.78 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 $2.64 on an earnings per share basis.
How many employees does CBRE Group have?: The company employs 115,000 workers across the globe.
Does CBRE Group have any subsidiaries?: The following companies are subsidiares of CBRE Group: Atrium AS, Aurora Projects Pty Ltd., Beezley Management, Brenner - Real Estate Group, Buildingi, CB/TCC Global Holdings Limited, CB/TCC LLC, CBRE Capital Markets Inc., CBRE Global Acquisition Company, CBRE Global Holdings, CBRE Holdco Inc., CBRE Holdings LLC, CBRE Holdings Limited, CBRE Inc., CBRE Limited, CBRE Luxembourg Holdings, CBRE Partner Inc., CBRE Services Inc., Caledon Capital Management, Capstone Financial Solutions, Convergences-CVL, Custom Spaces, FacilitySource, Floored, Florida Valuation, Forum Analytics, Franc Warwick Chartered Surveyors, Heery International, Mainstream Software, Michael Horwitz & Company, NEF, Norland Managed Services, Noveen Consulting, REATA Real Estate, Race Property, Ramot Group, Relam Amsterdam Holdings B.V., Romonet, Sitehawk Retail Real Estate, Skye Group, Tax Credit Group, Telford Homes, Trammell Crow Company, and Union Gaming.
Read More
How can I contact CBRE Group?: 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.

This page (NYSE:CBRE) was last updated on 9/28/2023 by MarketBeat.com Staff

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