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NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$113.55
-0.60 (-0.53%)
(As of 09/6/2024 ET)
Today's Range
$112.38
$115.24
50-Day Range
$85.97
$117.03
52-Week Range
$64.63
$118.39
Volume
1.66 million shs
Average Volume
1.65 million shs
Market Capitalization
$34.84 billion
P/E Ratio
35.37
Dividend Yield
N/A
Price Target
$110.29

CBRE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
2.9% Downside
$110.29 Price Target
Short Interest
Healthy
1.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.53
Upright™ Environmental Score
News Sentiment
0.74mentions of CBRE Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$3.06 M Sold Last Quarter
Proj. Earnings Growth
21.41%
From $4.81 to $5.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.31 out of 5 stars

Finance Sector

107th out of 871 stocks

Real Estate Industry

4th out of 23 stocks

CBRE stock logo

About CBRE Group Stock (NYSE:CBRE)

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. The Global Workplace Solutions segment provides facilities management, including day-to-day management of client-occupied space, headquarters, regional offices, administrative offices, data centers and other critical facilities, manufacturing and laboratory facilities, and distribution facilities and retail space; and project management services comprising building consulting, program, and project and cost management services under the Turner & Townsend brand name. The Real Estate Investments segment offers investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; and development services, such as real estate development and investment activities under the Trammell Crow Company and Telford Homes brands to users and investors in commercial real estate, and for their own account. CBRE Group, Inc. was founded in 1906 and is headquartered in Dallas, Texas.

CBRE Stock Price History

CBRE Stock News Headlines

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As the average home price in the US hits a new all-time high, investors should keep watch of these three stocks for an asymmetrical bet to the upside
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Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Is CBRE Group, Inc. (NYSE:CBRE) Potentially Undervalued?
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
CBRE Group, Inc. (C1BR34.SA)
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
9/07/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Real Estate Services
CUSIP
12504L10
Employees
130,000
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$110.29
High Stock Price Target
$124.00
Low Stock Price Target
$95.00
Potential Upside/Downside
-2.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$986 million
Pretax Margin
3.49%

Debt

Sales & Book Value

Annual Sales
$33.14 billion
Cash Flow
$5.91 per share
Book Value
$29.99 per share

Miscellaneous

Free Float
305,167,000
Market Cap
$34.84 billion
Optionable
Optionable
Beta
1.40

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Should I Buy CBRE Group Stock? CBRE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CBRE Group, Inc.:

  • CBRE Group's quarterly revenue increased by 8.7% year-over-year, indicating consistent growth in the company's financial performance.
  • Analysts forecast that CBRE Group, Inc. will post 4.84 EPS for the current fiscal year, suggesting a positive outlook for earnings.
  • Recent Wall Street analyst reports have given CBRE Group a "Moderate Buy" rating with an average target price of $110.29, indicating potential for stock price appreciation.
  • CBRE Group's stock price traded at $115.14 on the latest trading day, showing upward momentum and investor interest.
  • Institutional investors have been actively acquiring stakes in CBRE Group, with notable firms like Nicola Wealth Management LTD. and Federated Hermes Inc. increasing their holdings, reflecting confidence in the company's future prospects.

Cons

Investors should be bearish about investing in CBRE Group, Inc. for these reasons:

  • While CBRE Group has shown revenue growth, its price-to-earnings ratio of 35.87 may indicate that the stock is currently trading at a premium valuation compared to industry peers, potentially limiting immediate upside potential.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these CBRE Group pros and cons to contact@marketbeat.com.

CBRE Stock Analysis - Frequently Asked Questions

How have CBRE shares performed this year?

CBRE Group's stock was trading at $93.09 on January 1st, 2024. Since then, CBRE stock has increased by 22.0% and is now trading at $113.55.
View the best growth stocks for 2024 here
.

How were CBRE Group's earnings last quarter?

CBRE Group, Inc. (NYSE:CBRE) announced its earnings results on Thursday, July, 25th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.12. The business's revenue was up 8.7% on a year-over-year basis.
Read the conference call transcript
.

What is Robert E. Sulentic's approval rating as CBRE Group's CEO?

1,817 employees have rated CBRE Group Chief Executive Officer Robert E. Sulentic on Glassdoor.com. Robert E. Sulentic has an approval rating of 92% among the company's employees. This puts Robert E. Sulentic in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does CBRE Group have any subsidiaries?

The following companies are subsidiaries of CBRE Group: Buildingi, Union Gaming, Beezley Management, NEF, REATA Real Estate, Telford Homes, Florida Valuation, and more.

Who are CBRE Group's major shareholders?

Top institutional investors of CBRE Group include Principal Financial Group Inc. (2.33%), Allspring Global Investments Holdings LLC (1.98%), Baillie Gifford & Co. (1.50%) and Farallon Capital Management LLC (1.23%). Insiders that own company stock include Brandon B Boze, Daniel G Queenan, John E Durburg, Chandra Dhandapani, Emma E Giamartino, Vikramaditya Kohli, Christopher T Jenny, Lindsey S Caplan, Michael J Lafitte, Robert E Sulentic and Laurence H Midler.
View institutional ownership trends
.

How do I buy shares of CBRE Group?

Shares of CBRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CBRE Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CBRE Group investors own include CVS Health (CVS), Alibaba Group (BABA), Home Depot (HD), Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS) and Johnson & Johnson (JNJ).

This page (NYSE:CBRE) was last updated on 9/7/2024 by MarketBeat.com Staff

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