Free Trial
NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$120.33
+2.16 (+1.83%)
(As of 09/18/2024 ET)

About CBRE Group Stock (NYSE:CBRE)

Key Stats

Today's Range
$117.85
$121.23
50-Day Range
$93.12
$120.33
52-Week Range
$64.63
$121.23
Volume
1.58 million shs
Average Volume
1.64 million shs
Market Capitalization
$36.92 billion
P/E Ratio
37.49
Dividend Yield
N/A
Price Target
$112.33
Consensus Rating
Moderate Buy

Company Overview

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 Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 88th Percentile

CBRE Group scored higher than 88% of companies evaluated by MarketBeat, and ranked 185th out of 956 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CBRE Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CBRE Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about CBRE Group's stock forecast and price target.
  • Earnings Growth

    Earnings for CBRE Group are expected to grow by 21.41% in the coming year, from $4.81 to $5.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CBRE Group is 37.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CBRE Group is 37.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.81.

  • Price to Book Value per Share Ratio

    CBRE Group has a P/B Ratio of 4.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about CBRE Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.52% of the float of CBRE Group has been sold short.
  • Short Interest Ratio / Days to Cover

    CBRE Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CBRE Group has recently increased by 0.87%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    CBRE Group does not currently pay a dividend.

  • Dividend Growth

    CBRE Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.52% of the float of CBRE Group has been sold short.
  • Short Interest Ratio / Days to Cover

    CBRE Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CBRE Group has recently increased by 0.87%, indicating that investor sentiment is decreasing.
  • News Sentiment

    CBRE Group has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for CBRE Group this week, compared to 11 articles on an average week.
  • MarketBeat Follows

    Only 4 people have added CBRE Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CBRE Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,058,787.00 in company stock.

  • Percentage Held by Insiders

    Only 0.54% of the stock of CBRE Group is held by insiders.

  • Percentage Held by Institutions

    98.41% of the stock of CBRE Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CBRE Group's insider trading history.

CBRE Stock News Headlines

model home and calculator
3 Stocks to Watch as Home Prices Reach a New All-Time High (CBRE)
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
This diversified cannabis pioneer could make huge moves soon
The cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start with diversification and experience. Founded in 2005, this company serves a diverse and expansive customer base with more than 8,000 retail locations, including licensed cannabis dispensaries, smoke shops, and specialty retailers.
Is CBRE Group, Inc. (NYSE:CBRE) Trading At A 31% Discount?
Jack Brennan Joins Brennan Investment Group as Managing Principal
See More Headlines

CBRE Stock Analysis - Frequently Asked Questions

CBRE Group's stock was trading at $93.09 at the start of the year. Since then, CBRE stock has increased by 29.3% and is now trading at $120.33.
View the best growth stocks for 2024 here
.

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

CBRE Group subsidiaries include Buildingi, Union Gaming, Beezley Management, NEF, REATA Real Estate, Telford Homes, Florida Valuation, and others.

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, Robert E Sulentic, Laurence H Midler and Michael J Lafitte.
View institutional ownership trends
.

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.

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).

Company Calendar

Last Earnings
7/25/2024
Today
9/18/2024
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
$112.33
High Stock Price Target
$124.00
Low Stock Price Target
$95.00
Potential Upside/Downside
-6.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$986 million
Pretax Margin
3.49%

Debt

Sales & Book Value

Annual Sales
$33.14 billion
Cash Flow
$6.16 per share
Book Value
$29.75 per share

Miscellaneous

Free Float
305,167,000
Market Cap
$36.92 billion
Optionable
Optionable
Beta
1.40

Social Links

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

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 Group
Bull Case

green Wall Street bull icon

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.

CBRE Group
Bear Case

red Wall Street bear icon

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.

This page (NYSE:CBRE) was last updated on 9/18/2024 by MarketBeat.com Staff
From Our Partners