NYSE:CBZ - CBIZ Stock Price, Forecast & News

CBIZ's stock was trading at $25.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CBZ stock has decreased by 20.0% and is now trading at $20.18. View which stocks have been mosted impacted by Coronavirus.

CBIZ is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for CBIZ.

CBIZ, Inc. (NYSE:CBZ) posted its quarterly earnings results on Thursday, February, 20th. The business services provider reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.04. The business services provider had revenue of $203.10 million for the quarter, compared to analysts' expectations of $208.82 million. CBIZ had a net margin of 7.46% and a return on equity of 11.05%. The business's revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.02 earnings per share. View CBIZ's earnings history.

CBIZ updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of 1.40-1.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.36. The company issued revenue guidance of $995.845M - 1.015 billion, compared to the consensus revenue estimate of $1 billion.

News coverage about CBZ stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CBIZ earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCBIZ.

CBIZ saw a increase in short interest in March. As of March 13th, there was short interest totaling 554,000 shares, an increase of 22.0% from the February 27th total of 454,100 shares. Based on an average trading volume of 248,700 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.0% of the company's shares are short sold. 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), Resources Connection (RECN), CRA International (CRAI), Franklin Covey (FC), VSE (VSEC), Mistras Group (MG), Acacia Research (ACTG) and Odyssey Marine Exploration (OMEX).

Based on aggregate information from My MarketBeat watchlists, some companies that other CBIZ investors own include Verizon Communications (VZ), FuelCell Energy (FCEL), KeyCorp (KEY), AT&T (T), Advanced Micro Devices (AMD), Stitch Fix (SFIX), AbbVie (ABBV), Centurylink (CTL), IBM (IBM) and Kinder Morgan (KMI).

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

CBIZ's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (10.24%), P2 Capital Partners LLC (5.08%), Mawer Investment Management Ltd. (4.00%), Nuveen Asset Management LLC (2.84%), State Street Corp (2.09%) and Investment Counselors of Maryland LLC (1.86%). Company insiders that own CBIZ stock include Benaree Pratt Wiley, Chris Spurio, Donald V Weir, Jerome P Grisko, 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 FMR LLC, P2 Capital Partners LLC, Thrivent Financial for Lutherans, Renaissance Technologies LLC, Panagora Asset Management Inc., Concourse Capital Management LLC, Stifel Financial Corp, and First Trust Advisors LP. Company insiders that have sold CBIZ company stock in the last year include Benaree Pratt Wiley, Chris Spurio, Jerome P Grisko, Michael P Kouzelos, Steven L Gerard, Todd J Slotkin, and Ware H Grove. View insider buying and selling activity for CBIZ.

CBZ stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Mawer Investment Management Ltd., Eaton Vance Management, FIL Ltd, California Public Employees Retirement System, Bank of Montreal Can, Bank of America Corp DE, and Chicago Wealth Management Inc.. View insider buying and selling activity 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 $20.18.

CBIZ has a market capitalization of $1.12 billion and generates $948.42 million in revenue each year. The business services provider earns $70.71 million in net income (profit) each year or $1.27 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.