NYSE:CBRECBRE Group Stock Price, Forecast & News

CBRE Group's stock was trading at $49.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CBRE shares have decreased by 10.1% and is now trading at $44.65. View which stocks have been most impacted by Coronavirus.

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

CBRE Group is scheduled to release its next quarterly earnings announcement on Friday, July 31st 2020. View our earnings forecast for CBRE Group.

CBRE Group will be holding an earnings conference call on Friday, July 31st 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 Inc (NYSE:CBRE) released its quarterly earnings data on Thursday, May, 7th. The financial services provider reported $0.75 EPS for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.05. The financial services provider had revenue of $5.89 billion for the quarter, compared to analyst estimates of $5.40 billion. CBRE Group had a return on equity of 21.37% and a net margin of 5.23%. The company's quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the business earned $0.79 earnings per share. View CBRE Group's earnings history.

7 Wall Street analysts have issued 1 year price objectives for CBRE Group's stock. Their forecasts range from $35.00 to $72.00. On average, they expect CBRE Group's stock price to reach $51.83 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View analysts' price targets for CBRE Group.

Media stories about CBRE stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. 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 -3.2 on InfoTrie's scale. They also assigned media 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 next few days. View the latest news about CBRE Group.

CBRE Group saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,750,000 shares, an increase of 15.4% from the June 15th total of 7,580,000 shares. Based on an average trading volume of 2,470,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 2.6% of the company's shares 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), HANG LUNG PROPE/S (HLPPY), HONGKONG LD HOL/ADR (HNGKY), Gecina (GECFF), Brookfield Property Partners (BPY), FirstService (FSV), Hudson Pacific Properties (HPP), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Kennedy-Wilson (KW), Colliers International Group (CIGI), Innovative Industrial Properties (IIPR) and Shanghai Industrial (SGHIY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CBRE Group investors own include Alibaba Group (BABA), CVS Health (CVS), Home Depot (HD), American Express (AXP), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA), Starbucks (SBUX), Visa (V) and Cisco Systems (CSCO).

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

CBRE Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.17%), Hexavest Inc. (0.09%), State of Alaska Department of Revenue (0.04%), JLB & Associates Inc. (0.01%), DNB Asset Management AS (0.01%) and Municipal Employees Retirement System of Michigan (0.00%). Company insiders that own CBRE Group stock include Brandon B Boze, Curtis F Feeny, Dara Bazzano, Gerardo I Lopez, J Christopher Kirk, James R Groch, Laurence H Midler, Michael J Lafitte, Raymond E Wirta, Robert E Sulentic, Shira Goodman 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 Hexavest Inc., Municipal Employees Retirement System of Michigan, DNB Asset Management AS, and JLB & Associates Inc.. Company insiders that have sold CBRE Group company stock in the last year include Brandon B Boze, J Christopher Kirk, James R Groch, Laurence H Midler, Michael J Lafitte, Raymond E Wirta, Robert E Sulentic, and William F Concannon. View insider buying and selling activity for CBRE Group.

CBRE stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, and Ellevest Inc.. Company insiders that have bought CBRE Group stock in the last two years include Gerardo I Lopez, and Shira Goodman. View insider buying and selling activity 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 $44.65.

CBRE Group has a market capitalization of $14.97 billion and generates $23.89 billion in revenue each year. The financial services provider earns $1.28 billion in net income (profit) each year or $3.71 on an earnings per share basis. CBRE Group employs 100,000 workers across the globe.

The official website for CBRE Group is 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]