NYSE:CWKCushman & Wakefield Stock Price, Forecast & News

Cushman & Wakefield's stock was trading at $14.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CWK shares have decreased by 16.4% and is now trading at $12.26. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cushman & Wakefield in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cushman & Wakefield.

Cushman & Wakefield is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Cushman & Wakefield.

Cushman & Wakefield PLC (NYSE:CWK) released its earnings results on Thursday, May, 7th. The company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.12. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.87 billion. Cushman & Wakefield had a negative return on equity of 2.77% and a negative net margin of 0.39%. The company's revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.10 EPS. View Cushman & Wakefield's earnings history.

7 analysts have issued 12-month price objectives for Cushman & Wakefield's stock. Their forecasts range from $12.00 to $23.00. On average, they anticipate Cushman & Wakefield's share price to reach $16.17 in the next year. This suggests a possible upside of 31.9% from the stock's current price. View analysts' price targets for Cushman & Wakefield.

Press coverage about CWK stock has been trending negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Cushman & Wakefield earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Cushman & Wakefield.

Cushman & Wakefield saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 5,290,000 shares, an increase of 13.5% from the June 15th total of 4,660,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is currently 5.0 days. Currently, 3.1% of the company's shares are sold short. View Cushman & Wakefield's Current Options Chain.

Some companies that are related to Cushman & Wakefield include NEW WORLD DEV L/ADR (NDVLY), HONGKONG LD HOL/ADR (HNGKY), Gecina (GECFF), Brookfield Property Partners (BPY), FirstService (FSV), Hudson Pacific Properties (HPP), Terreno Realty (TRNO), Colliers International Group (CIGI), Kennedy-Wilson (KW), Innovative Industrial Properties (IIPR), Shanghai Industrial (SGHIY), Urban Edge Properties (UE), Getty Realty (GTY), Office Properties Income Trust (OPI) and Gazit Globe (GZTGF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cushman & Wakefield investors own include Alibaba Group (BABA), Honeywell International (HON), CVS Health (CVS), Home Depot (HD), Johnson & Johnson (JNJ), NVIDIA (NVDA), Procter & Gamble (PG), QUALCOMM (QCOM), Thermo Fisher Scientific (TMO) and Cisco Systems (CSCO).

(CWK) raised $765 million in an IPO on Thursday, August 2nd 2018. The company issued 45,000,000 shares at $16.00-$18.00 per share. Morgan Stanley, J.P. Morgan, Goldman Sachs and UBS Investment Bank acted as the underwriters for the IPO and Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse, William Blair, TPG Capital, HSBD, Credit Agricole, JMP Securities, Academy Securities, Loop Capital Markets, Ramirez & Company, Siebert Cisneros Shank and The Williams Capital Group were co-managers.

Cushman & Wakefield trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWK."

Shares of CWK 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 CWK stock can currently be purchased for approximately $12.26.

Cushman & Wakefield has a market capitalization of $2.70 billion and generates $8.75 billion in revenue each year. Cushman & Wakefield employs 53,000 workers across the globe.

The official website for Cushman & Wakefield is www.cushmanwakefield.com.

Cushman & Wakefield's mailing address is 125 OLD BROAD STREET, LONDON X0, EC2N 1AR. The company can be reached via phone at 44-20-3296-3000 or via email at [email protected]