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NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$120.84
-1.68 (-1.37%)
(As of 10/4/2024 ET)

About CBRE Group Stock (NYSE:CBRE)

Key Stats

Today's Range
$120.54
$122.89
50-Day Range
$106.32
$124.99
52-Week Range
$64.63
$125.43
Volume
1.09 million shs
Average Volume
1.64 million shs
Market Capitalization
$37.08 billion
P/E Ratio
37.64
Dividend Yield
N/A
Price Target
$113.83
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
89th Percentile Overall Score

CBRE MarketRank™: 

CBRE Group scored higher than 89% of companies evaluated by MarketBeat, and ranked 116th out of 948 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 5 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 37.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CBRE Group is 37.64, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 37.51.

  • Price to Book Value per Share Ratio

    CBRE Group has a P/B Ratio of 4.06. 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

    1.56% 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 3, 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 2.81%, 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

    1.56% 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 3, 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 2.81%, indicating that investor sentiment is decreasing.
  • News Sentiment

    CBRE Group has a news sentiment score of 0.90. 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 is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for CBRE Group this week, compared to 11 articles on an average week.
  • Search Interest

    5 people have searched for CBRE on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added CBRE Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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.
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CBRE Stock News Headlines

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CBRE Group (NYSE:CBRE) Hits New 52-Week High at $124.97
CBRE Group (NYSE:CBRE) Hits New 12-Month High at $123.64
CBRE's Nick Knight: Office Demand Still High
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 shares have increased by 29.8% and is now trading at $120.84.
View the best growth stocks for 2024 here
.

CBRE Group, Inc. (NYSE:CBRE) announced its earnings results on Thursday, July, 25th. The financial services provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.12. CBRE Group's revenue was up 8.7% compared to the same quarter last year.
Read the conference call transcript
.

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

CBRE Group's top institutional investors include SG Americas Securities LLC (0.11%), Czech National Bank (0.02%), JLB & Associates Inc. (0.01%) and Park Avenue Securities LLC (0.01%). 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
.

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
10/06/2024
Next Earnings (Confirmed)
10/24/2024
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
$113.83
High Stock Price Target
$132.00
Low Stock Price Target
$95.00
Potential Upside/Downside
-5.8%
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
$5.95 per share
Book Value
$29.75 per share

Miscellaneous

Free Float
305,167,000
Market Cap
$37.08 billion
Optionable
Optionable
Beta
1.40

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This page (NYSE:CBRE) was last updated on 10/6/2024 by MarketBeat.com Staff
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