CBRE Group (CBRE) Expected to Announce Quarterly Earnings on Thursday

CBRE Group (NYSE:CBRE - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect CBRE Group to post earnings of $0.81 per share and revenue of $8.73 billion for the quarter. CBRE Group has set its FY 2025 guidance at 5.800-6.100 EPS.

CBRE Group (NYSE:CBRE - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The financial services provider reported $2.32 earnings per share for the quarter, beating analysts' consensus estimates of $2.20 by $0.12. CBRE Group had a net margin of 2.71% and a return on equity of 16.96%. 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 Trading Down 1.9 %

Shares of CBRE Group stock traded down $2.21 during trading hours on Monday, hitting $115.41. The company's stock had a trading volume of 2,845,676 shares, compared to its average volume of 1,812,870. The business has a fifty day moving average of $129.46 and a 200 day moving average of $132.07. CBRE Group has a 1-year low of $84.24 and a 1-year high of $147.75. The company has a quick ratio of 1.13, a current ratio of 1.07 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $34.61 billion, a PE ratio of 36.75 and a beta of 1.26.

Wall Street Analyst Weigh In

Several research firms have commented on CBRE. Evercore ISI cut their price objective on CBRE Group from $147.00 to $141.00 and set an "outperform" rating on the stock in a research report on Monday, January 13th. StockNews.com downgraded CBRE Group from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Raymond James cut CBRE Group from a "strong-buy" rating to an "outperform" rating and decreased their price target for the stock from $155.00 to $152.00 in a report on Friday, January 24th. Morgan Stanley lifted their price objective on shares of CBRE Group from $160.00 to $165.00 and gave the company an "overweight" rating in a research note on Wednesday, February 19th. Finally, UBS Group reduced 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 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.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $149.56.

Insider Transactions at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,000 shares of CBRE Group stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $125.69, for a total value of $251,380.00. Following the completion of the transaction, the chief financial officer now directly owns 107,343 shares of the company's stock, valued at approximately $13,491,941.67. The trade was a 1.83 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Chad J. Doellinger sold 797 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $126.31, for a total transaction of $100,669.07. Following the sale, the insider now owns 28,735 shares in the company, valued at approximately $3,629,517.85. This trade represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company's stock.

Hedge Funds Weigh In On CBRE Group

A hedge fund recently raised its stake in CBRE Group stock. Brighton Jones LLC increased its stake in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 322.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter. Institutional investors and hedge funds own 98.41% of the company's stock.

About CBRE Group

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.