NYSE:CBZ - CBIZ Stock Price, News & Analysis

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

CBIZ declared that its board has approved a stock buyback plan on Thursday, February 15th 2018, which authorizes the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

CBIZ, Inc. (NYSE:CBZ) announced its earnings results on Wednesday, July, 31st. The business services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.05. The business services provider had revenue of $235.50 million for the quarter, compared to analyst estimates of $243.01 million. CBIZ had a return on equity of 10.89% and a net margin of 7.18%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 earnings per share. View CBIZ's Earnings History.

CBIZ is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for CBIZ.

CBIZ updated its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $1.20-1.22 for the period, compared to the Thomson Reuters consensus estimate of $1.19. The company issued revenue guidance of $949.66309-958.88312 million, compared to the consensus revenue estimate of $956.01 million.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBIZ.

News articles about CBZ stock have been trending positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. 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. CBIZ earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for CBIZ.

CBIZ saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 395,700 shares, an increase of 22.1% from the June 30th total of 324,200 shares. Based on an average daily trading volume, of 203,500 shares, the short-interest ratio is presently 1.9 days. Currently, 0.8% of the shares of the company are short sold. View CBIZ's Current Options Chain.

Some companies that are related to CBIZ include MAXIMUS (MMS), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA), Healthequity (HQY), HMS (HMSY), Farfetch (FTCH), WNS (WNS), Envestnet (ENV), Sothebys (BID), ExlService (EXLS), EVO Payments (EVOP), Wageworks (WAGE), Conduent (CNDT), Tabula Rasa HealthCare (TRHC) and Qiwi (QIWI).

Based on aggregate information from My MarketBeat watchlists, some companies that other CBIZ investors own include FuelCell Energy (FCEL), Cedar Realty Trust (CDR), Centurylink (CTL), General Electric (GE), KeyCorp (KEY), Parsley Energy (PE), Stantec (STN), Gilead Sciences (GILD), Gulfport Energy (GPOR) and Halozyme Therapeutics (HALO).

CBIZ's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.64%), Cardinal Capital Management LLC CT (5.71%), Vanguard Group Inc. (4.66%), Nuveen Asset Management LLC (2.57%), First Manhattan Co. (2.09%) and Northern Trust Corp (2.09%). 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.

CBZ stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Cardinal Capital Management LLC CT, Phocas Financial Corp., Phocas Financial Corp., First Manhattan Co. and Allianz Asset Management GmbH. 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, Todd J Slotkin and Ware H Grove. View Insider Buying and Selling for CBIZ.

CBZ stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Wells Fargo & Company MN, GW&K Investment Management LLC, Bank of America Corp DE, Concourse Capital Management LLC, D. E. Shaw & Co. Inc., Royal Bank of Canada and Fenimore Asset Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of CBZ stock can currently be purchased for approximately $22.54.

CBIZ has a market capitalization of $1.23 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.