CBIZ Stock Price, Forecast & Analysis (NYSE:CBZ)

CBIZ trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBZ."

CBIZ announced that its Board of Directors has initiated a stock buyback program on Thursday, February 15th 2018, which permits the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

CBIZ, Inc. (NYSE:CBZ) announced its quarterly earnings results on Wednesday, October, 30th. The business services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.07. The business services provider earned $239.79 million during the quarter, compared to the consensus estimate of $234.56 million. CBIZ had a return on equity of 11.36% and a net margin of 7.51%. The firm's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.24 earnings per share. View CBIZ's Earnings History.

CBIZ is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for CBIZ.

News headlines about CBZ stock have trended negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CBIZ earned a coverage optimism score of -2.5 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for CBIZ.

CBIZ saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 345,600 shares, a drop of 14.9% from the September 30th total of 405,900 shares. Based on an average daily volume of 236,200 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.7% of the company's shares are sold short. View CBIZ's Current Options Chain.

Some companies that are related to CBIZ include Verisk Analytics (VRSK), Equifax (EFX), Nielsen (NLSN), FTI Consulting (FCN), Exponent (EXPO), ICF International (ICFI), Huron Consulting Group (HURN), Franklin Covey (FC), Resources Connection (RECN), VSE (VSEC), CRA International (CRAI), Mistras Group (MG), Hill International (HIL), Acacia Research (ACTG) and Navigant Consulting (NCI).

Based on aggregate information from My MarketBeat watchlists, some companies that other CBIZ investors own include FuelCell Energy (FCEL), Kinder Morgan (KMI), Advanced Micro Devices (AMD), Bed Bath & Beyond (BBBY), Mack Cali Realty (CLI), General Electric (GE), KeyCorp (KEY), Verizon Communications (VZ), AGNC Investment (AGNC) and Dropbox (DBX).

CBIZ's stock is owned by many different of institutional and retail investors. Top institutional investors include Fenimore Asset Management Inc. (1.08%), Dalton Greiner Hartman Maher & Co. (0.50%), GW&K Investment Management LLC (0.47%), California Public Employees Retirement System (0.25%), Rice Hall James & Associates LLC (0.18%) and Rhumbline Advisers (0.15%). Company insiders that own CBIZ stock include Benaree Pratt Wiley, Chris Spurio, Donald V Weir, Joseph S Dimartino, Michael P Kouzelos, Michael W Gleespen, Steven L Gerard, Todd J Slotkin and Ware H Grove. View Institutional Ownership Trends for CBIZ.

CBZ stock was sold by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Rice Hall James & Associates LLC, Alpha Windward LLC and Keybank National Association OH. Company insiders that have sold CBIZ company stock in the last year include Benaree Pratt Wiley, Chris Spurio, Joseph S Dimartino, Michael P Kouzelos, Michael W Gleespen, Steven L Gerard, Todd J Slotkin and Ware H Grove. View Insider Buying and Selling for CBIZ.

CBZ stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Dalton Greiner Hartman Maher & Co., First Trust Advisors LP, SG Americas Securities LLC, Meritage Portfolio Management, Regentatlantic Capital LLC, Valtinson Bruner Financial Planning LLC and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CBZ stock can currently be purchased for approximately $25.98.

CBIZ has a market capitalization of $1.43 billion and generates $922 million in revenue each year. The business services provider earns $61.57 million in net income (profit) each year or $1.09 on an earnings per share basis. CBIZ employs 4,800 workers across the globe.View Additional Information About CBIZ.

The official website for CBIZ is http://www.cbiz.com/.

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.