CBIZ, Inc., through its subsidiaries, provides professional business services, products, and solutions in the United States and Canada. It offers its services through three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services practice group provides accounting and tax compliance and consulting, litigation support, federal and state governmental healthcare compliance, valuation services, real estate consulting, and internal audit outsourcing services. The Benefits and Insurance Services practice group offers group health benefits consulting and brokerage, property and casualty brokerage, employee benefits consulting, retirement plan advisory, payroll, human capital advisory, actuarial, life insurance, and other services. The National Practices practice group provides managed networking and hardware, and health care consulting services. The company primarily serves small and midsized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. CBIZ, Inc. was founded in 1987 and is headquartered in Cleveland, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryResearch & Consulting Services
SectorBusiness Services
SymbolNYSE:CBZ
CUSIP12480510
Phone216-447-9000
Debt
Debt-to-Equity Ratio0.31
Current Ratio1.46
Quick Ratio1.46
Price-To-Earnings
Trailing P/E Ratio25.82
Forward P/E Ratio20.80
P/E GrowthN/A
Sales & Book Value
Annual Sales$855.34 million
Price / Sales1.45
Cash Flow$1.2569 per share
Price / Cash17.87
Book Value$9.68 per share
Price / Book2.32
Profitability
EPS (Most Recent Fiscal Year)$0.87
Net Income$50.37 million
Net Margins7.04%
Return on Equity10.99%
Return on Assets5.16%
Miscellaneous
Employees4,600
Outstanding Shares55,320,000
Market Cap$1.31 billion
CBIZ (NYSE:CBZ) Frequently Asked Questions
What is CBIZ's stock symbol?
CBIZ trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBZ."
How will CBIZ's stock buyback program work?
CBIZ announced that its Board of Directors has initiated a share repurchase program on Thursday, February 15th 2018, which permits the company to buyback 5,000,000 shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.
How were CBIZ's earnings last quarter?
CBIZ, Inc. (NYSE:CBZ) released its quarterly earnings data on Thursday, August, 2nd. The business services provider reported $0.23 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.01. The business services provider earned $232.60 million during the quarter, compared to analyst estimates of $223.86 million. CBIZ had a net margin of 7.04% and a return on equity of 10.99%. CBIZ's revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 EPS. View CBIZ's Earnings History.
When is CBIZ's next earnings date?
What guidance has CBIZ issued on next quarter's earnings?
CBIZ issued an update on its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share (EPS) guidance of $1.04-1.08 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.08. The company issued revenue guidance of at high end of prior guidance +5-8% to ~$898-924 m, compared to the consensus revenue estimate of $914.65 million.
What is the consensus analysts' recommendation for CBIZ?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBIZ.
Who are some of CBIZ's key competitors?
Some companies that are related to CBIZ include Conduent (CNDT), Cotiviti (COTV), MAXIMUS (MMS), Stamps.com (STMP), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA), GreenSky (GSKY), Envestnet (ENV), HMS (HMSY), WNS (WNS), Sothebys (BID), ExlService (EXLS), Uxin (UXIN), EVO Payments (EVOP) and Wageworks (WAGE).
Who are CBIZ's key executives?
CBIZ's management team includes the folowing people:
- Mr. Jerome P. Grisko Jr., Pres, CEO & Director (Age 56)
- Mr. Ware H. Grove, Sr. VP & CFO (Age 67)
- Mr. Chris Spurio, Sr. VP & Pres of Financial Services (Age 52)
- Mr. Richard E. Mills, Chief Operating Officer of Financial Services (Age 62)
- Mr. Michael P. Kouzelos, Pres of Benefits & Insurance Services, Inc. (Age 49)
Who are CBIZ's major shareholders?
CBIZ's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.45%) and Hennessy Advisors Inc. (0.36%). Company insiders that own CBIZ stock include Chris Spurio, Donald V Weir, Kelly Marek, Michael P Kouzelos, Michael W Gleespen, Steven L Gerard, Todd J Slotkin and Ware H Grove. View Institutional Ownership Trends for CBIZ.
Which major investors are selling CBIZ stock?
CBZ stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Hennessy Advisors Inc.. Company insiders that have sold CBIZ company stock in the last year include Chris Spurio, Donald V Weir, Michael P Kouzelos, Michael W Gleespen, Steven L Gerard and Ware H Grove. View Insider Buying and Selling for CBIZ.
How do I buy shares of CBIZ?
Shares of CBZ 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, Scottrade, Fidelity and Charles Schwab.
What is CBIZ's stock price today?
One share of CBZ stock can currently be purchased for approximately $22.46.
How big of a company is CBIZ?
CBIZ has a market capitalization of $1.31 billion and generates $855.34 million in revenue each year. The business services provider earns $50.37 million in net income (profit) each year or $0.87 on an earnings per share basis. CBIZ employs 4,600 workers across the globe.
What is CBIZ's official website?
How can I contact CBIZ?
CBIZ's mailing address is 6050 OAK TREE BOULEVARD SOUTH SUITE 500, CLEVELAND OH, 44131. The business services provider can be reached via phone at 216-447-9000.
MarketBeat Community Rating for CBIZ (NYSE CBZ)
MarketBeat's community ratings are surveys of what our community members think about CBIZ and other stocks. Vote "Outperform" if you believe CBZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
