NYSE:CWKCushman & Wakefield Stock Price, Forecast & News

Cushman & Wakefield's stock was trading at $14.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CWK shares have decreased by 14.1% and is now trading at $12.60. 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) issued its quarterly earnings data on Thursday, May, 7th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by $0.12. The firm earned $1.90 billion during the quarter, compared to analysts' expectations of $1.87 billion. Cushman & Wakefield had a negative return on equity of 2.77% and a negative net margin of 0.39%. Cushman & Wakefield's quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 earnings per share. View Cushman & Wakefield's earnings history.

7 analysts have issued twelve-month target prices 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 twelve months. This suggests a possible upside of 28.3% 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 reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cushman & Wakefield earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. 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 daily trading volume, of 1,060,000 shares, the days-to-cover ratio is currently 5.0 days. Approximately 3.1% of the company's stock are short sold. 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), Office Properties Income Trust (OPI), Getty Realty (GTY) 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 served 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 $12.60.

Cushman & Wakefield has a market capitalization of $2.78 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]