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) announced its quarterly earnings data on Thursday, August, 1st. The financial services provider reported $0.81 EPS for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.03. The financial services provider earned $5.71 billion during the quarter, compared to the consensus estimate of $5.59 billion. CBRE Group had a return on equity of 24.14% and a net margin of 4.79%. The business's revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the company 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 EPS guidance of $3.70-3.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.70.

6 Wall Street analysts have issued 12-month price targets for CBRE Group's shares. Their forecasts range from $54.00 to $67.00. On average, they anticipate CBRE Group's stock price to reach $58.00 in the next year. This suggests a possible upside of 10.5% 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.

News stories about CBRE stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. 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 daily sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for CBRE Group.

CBRE Group saw a increase in short interest in the month of 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 volume of 1,460,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 1.9% 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), 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 a number of of retail and institutional investors. Top institutional investors 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., KAMES CAPITAL plc, NuWave Investment Management LLC, Commerzbank Aktiengesellschaft FI and Pacer Advisors 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 $52.49.

CBRE Group has a market capitalization of $17.65 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]