CBRE Group (NYSE:CBRE - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.81 per share and revenue of $8.73 billion for the quarter.
CBRE Group (NYSE:CBRE - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CBRE Group had a net margin of 2.71% and a return on equity of 16.96%. The business had revenue of $8.91 billion for the quarter, compared to analysts' expectations of $8.73 billion. On average, analysts expect CBRE Group to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
CBRE Group Stock Performance
NYSE:CBRE traded up $0.79 during trading hours on Thursday, reaching $122.84. 3,168,927 shares of the stock were exchanged, compared to its average volume of 1,822,224. The stock has a market capitalization of $36.83 billion, a P/E ratio of 39.12 and a beta of 1.26. The firm has a 50 day simple moving average of $128.52 and a 200-day simple moving average of $131.91. The company has a quick ratio of 1.13, a current ratio of 1.07 and a debt-to-equity ratio of 0.35. CBRE Group has a 52 week low of $84.24 and a 52 week high of $147.75.
Insider Activity
In other news, CFO Emma E. Giamartino sold 2,000 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $125.69, for a total transaction of $251,380.00. Following the completion of the sale, the chief financial officer now directly owns 107,343 shares in the company, valued at $13,491,941.67. This represents a 1.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Chad J. Doellinger sold 797 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $126.31, for a total transaction of $100,669.07. Following the transaction, the insider now owns 28,735 shares in the company, valued at $3,629,517.85. The trade was a 2.70 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.
Institutional Trading of CBRE Group
An institutional investor recently raised its position in CBRE Group stock. Brighton Jones LLC boosted its stake in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 322.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,492 shares of the financial services provider's stock after buying an additional 11,065 shares during the quarter. Brighton Jones LLC's holdings in CBRE Group were worth $1,903,000 as of its most recent SEC filing. 98.41% of the stock is owned by institutional investors.
Analyst Ratings Changes
CBRE has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods cut their price objective on shares of CBRE Group from $145.00 to $129.00 and set a "market perform" rating on the stock in a research note on Thursday, April 17th. Morgan Stanley lowered their price target on CBRE Group from $165.00 to $160.00 and set an "overweight" rating on the stock in a report on Thursday. Jefferies Financial Group upgraded shares of CBRE Group from a "hold" rating to a "buy" rating and increased their target price for the stock from $133.00 to $152.00 in a research report on Thursday, January 2nd. StockNews.com cut CBRE Group from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Finally, UBS Group lowered their target price on shares of CBRE Group from $146.00 to $130.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, CBRE Group currently has a consensus rating of "Moderate Buy" and an average price target of $149.00.
Check Out Our Latest Report on CBRE
About CBRE Group
(
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CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.
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