CBIZ - CBZ Stock Forecast, Price & News

CBIZ's stock was trading at $46.85 at the start of the year. Since then, CBZ stock has increased by 5.6% and is now trading at $49.49.
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CBIZ saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 404,400 shares, an increase of 21.7% from the February 28th total of 332,300 shares. Based on an average trading volume of 210,700 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.9% of the company's shares are sold short.
View CBIZ's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our CBZ earnings forecast.

CBIZ, Inc. (NYSE:CBZ) announced its quarterly earnings data on Thursday, February, 16th. The business services provider reported ($0.21) EPS for the quarter, meeting the consensus estimate of ($0.21). The business services provider had revenue of $295 million for the quarter, compared to analysts' expectations of $281.56 million. CBIZ had a trailing twelve-month return on equity of 14.76% and a net margin of 7.46%. The company's revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.19) EPS.

ETFs with the largest weight of CBIZ (NYSE:CBZ) stock in their portfolio include Argent Mid Cap ETF (AMID), Invesco DWA Industrials Momentum ETF (PRN), First Trust Small Cap Growth AlphaDEX Fund (FYC), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), Invesco DWA SmallCap Momentum ETF (DWAS), First Trust Active Factor Small Cap ETF (AFSM), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

CBIZ issued an update on its FY 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share (EPS) guidance of $2.36-$2.41 for the period, compared to the consensus estimate of $2.37. The company issued revenue guidance of $1.52 billion-$1.55 billion, compared to the consensus revenue estimate of $1.47 billion.

57 employees have rated CBIZ Chief Executive Officer Jerry Grisko on Glassdoor.com. Jerry Grisko has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CBIZ investors own include Walt Disney (DIS), Veracyte (VCYT), Carnival Co. & (CCL), CRISPR Therapeutics (CRSP), Etsy (ETSY), Gilead Sciences (GILD), Johnson & Johnson (JNJ), KeyCorp (KEY), Altria Group (MO) and NeoGenomics (NEO).

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

Shares of CBZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CBZ stock can currently be purchased for approximately $49.49.

CBIZ (NYSE:CBZ) has a market capitalization of $2.50 billion and generates $1.41 billion in revenue each year. The business services provider earns $105.35 million in net income (profit) each year or $2.00 on an earnings per share basis.

The company employs 6,500 workers across the globe.

CBIZ's mailing address is 6050 OAK TREE BOULEVARD SOUTH SUITE 500, CLEVELAND OH, 44131. The official website for the company is www.cbiz.com. The business services provider can be reached via phone at (216) 447-9000 or via fax at 216-447-9007.