CBIZ, Inc. provides professional business services, products, and solutions that help its clients in managing finances and employees. It offers its services through three groups: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services group provides accounting and tax, government healthcare consulting, financial advisory, valuation, and risk and advisory services. The Benefits and Insurance Services group offers group health benefits consulting, payroll, property and casualty, and retirement plan services. The National Practices 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 in the United States and parts of Canada. CBIZ, Inc. was founded in 1987 and is headquartered in Cleveland, Ohio.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryResearch & Consulting Services
SectorBusiness Services
Phone216-447-9000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$922 million
Profitability
Miscellaneous
Employees4,800
Next Earnings DateN/A
OptionableOptionable
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 declared that its board has approved 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 purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.
How were CBIZ's earnings last quarter?
CBIZ, Inc. (NYSE:CBZ) issued its quarterly earnings data on Thursday, April, 25th. The business services provider reported $0.67 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.70 by $0.03. The business services provider had revenue of $270 million for the quarter, compared to the consensus estimate of $278.78 million. CBIZ had a net margin of 6.68% and a return on equity of 10.45%. The company's quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.64 EPS. View CBIZ's Earnings History.
What guidance has CBIZ issued on next quarter's earnings?
CBIZ updated its FY 2019 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $1.20-1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.20. The company issued revenue guidance of $958.883-977.323 million, compared to the consensus revenue estimate of $965.68 million.CBIZ also updated its FY19 guidance to $1.20-$1.22 EPS.
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.
Has CBIZ been receiving favorable news coverage?
News headlines about CBZ stock have been trending somewhat negative on Friday, InfoTrie Sentiment 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 companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CBIZ earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Who are some of CBIZ's key competitors?
Some companies that are related to CBIZ include Healthequity (HQY), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA), Envestnet (ENV), GreenSky (GSKY), WNS (WNS), Conduent (CNDT), HMS (HMSY), EVO Payments (EVOP), ExlService (EXLS), Sothebys (BID), Wageworks (WAGE), Cardtronics (CATM), Stamps.com (STMP) and LendingClub (LC).
What other stocks do shareholders of CBIZ own?
Who are CBIZ's key executives?
CBIZ's management team includes the folowing people:
- Mr. Jerome P. Grisko Jr., Pres, CEO & Director (Age 57)
- Mr. Ware H. Grove, Sr. VP & CFO (Age 68)
- Mr. Chris Spurio, Pres of Financial Services (Age 53)
- Mr. Richard E. Mills, Chief Operating Officer of Financial Services (Age 63)
- Mr. Michael P. Kouzelos, Pres of Benefits & Insurance Services, Inc. (Age 50)
Who are CBIZ's major shareholders?
CBIZ's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include First Manhattan Co. (2.17%), Fenimore Asset Management Inc. (0.99%), Dalton Greiner Hartman Maher & Co. (0.45%), Hennessy Advisors Inc. (0.31%), Strs Ohio (0.07%) and Empire Life Investments Inc. (0.05%). Company insiders that own CBIZ stock include 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.
Which institutional investors are selling CBIZ stock?
CBZ stock was sold by a variety of institutional investors in the last quarter, including First Manhattan Co., Hennessy Advisors Inc., Country Club Trust Company n.a. and Kistler Tiffany Companies LLC. Company insiders that have sold CBIZ company stock in the last year include 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 Insider Buying and Selling for CBIZ.
Which institutional investors are buying CBIZ stock?
CBZ stock was acquired by a variety of institutional investors in the last quarter, including Empire Life Investments Inc., Alpha Windward LLC, Fenimore Asset Management Inc., Dalton Greiner Hartman Maher & Co., Los Angeles Capital Management & Equity Research Inc., BNP Paribas Arbitrage SA and Strs Ohio. 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 $19.50.
How big of a company is CBIZ?
CBIZ has a market capitalization of $1.07 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.
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.
