CBRE Group (NYSE:CBRE) Posts Earnings Results, Beats Expectations By $0.12 EPS

CBRE Group (NYSE:CBRE - Get Free Report) issued its quarterly earnings results on Thursday. The financial services provider reported $2.32 EPS for the quarter, beating the consensus estimate of $2.20 by $0.12, Zacks reports. CBRE Group had a net margin of 2.79% and a return on equity of 13.91%. CBRE Group updated its FY 2025 guidance to 5.800-6.100 EPS.

CBRE Group Stock Up 0.5 %

NYSE CBRE traded up $0.76 during trading on Monday, reaching $143.89. 2,078,167 shares of the company's stock traded hands, compared to its average volume of 1,865,812. CBRE Group has a 12-month low of $84.24 and a 12-month high of $147.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $44.03 billion, a price-to-earnings ratio of 46.27 and a beta of 1.39. The company's 50 day simple moving average is $136.08 and its two-hundred day simple moving average is $127.80.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CBRE. JPMorgan Chase & Co. raised CBRE Group from a "neutral" rating to an "overweight" rating and upped their target price for the company from $120.00 to $163.00 in a research note on Monday, December 16th. Keefe, Bruyette & Woods upped their price objective on CBRE Group from $142.00 to $145.00 and gave the company a "market perform" rating in a research report on Friday. Morgan Stanley upgraded CBRE Group from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $115.00 to $160.00 in a research note on Wednesday, January 15th. Jefferies Financial Group upgraded shares of CBRE Group from a "hold" rating to a "buy" rating and upped their price target for the stock from $133.00 to $152.00 in a report on Thursday, January 2nd. Finally, Citigroup raised their price target on shares of CBRE Group from $130.00 to $160.00 and gave the stock a "buy" rating in a research note on Monday, November 25th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $149.33.

CBRE Group Company Profile

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.