S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
NYSE:CBRE

CBRE Group (CBRE) Stock Price, News & Analysis

$97.24
+0.40 (+0.41%)
(As of 03/28/2024 ET)
Today's Range
$97.18
$98.06
50-Day Range
$83.34
$98.11
52-Week Range
$64.63
$98.65
Volume
1.72 million shs
Average Volume
1.64 million shs
Market Capitalization
$29.73 billion
P/E Ratio
30.68
Dividend Yield
N/A
Price Target
$95.33

CBRE Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
2.0% Downside
$95.33 Price Target
Short Interest
Healthy
1.82% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.53
Upright™ Environmental Score
News Sentiment
0.38mentions of CBRE Group in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$3.68 M Sold Last Quarter
Proj. Earnings Growth
29.45%
From $4.55 to $5.89 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.

3.95 out of 5 stars

Finance Sector

337th out of 872 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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Your Money is Not Safe
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CBRE Scores 'Excellent' Green Rating for Glasgow HQ
CBRE Jun 2024 92.500 call
Europe's Most Climate Resilient Cities Revealed
CBRE Aug 2024 110.000 call
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
3/29/2024
Next Earnings (Estimated)
4/25/2024
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
$95.33
High Stock Price Target
$103.00
Low Stock Price Target
$85.00
Potential Upside/Downside
-2.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$986 million
Pretax Margin
4.00%

Debt

Sales & Book Value

Annual Sales
$31.95 billion
Cash Flow
$6.02 per share
Book Value
$29.75 per share

Miscellaneous

Free Float
304,076,000
Market Cap
$29.73 billion
Optionable
Optionable
Beta
1.42

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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 has shown consistent growth in its stock price, indicating a positive trend in the market.
  • The company operates as a commercial real estate services and investment company, providing a diversified portfolio for investors.
  • CBRE Group offers strategic advice and execution to owners, investors, and occupiers of real estate, showcasing expertise in the industry.
  • The company's Global Workplace Solutions segment provides facilities management services, catering to a wide range of real estate needs.
  • CBRE Group's Real Estate Investments segment offers investment management services to various institutional investors, ensuring a strong financial backing.

Cons

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

  • Market analysts have provided mixed ratings for CBRE Group, with some lowering ratings, which may indicate potential risks.
  • While the company has a strong presence in the real estate industry, economic downturns can significantly impact its performance.
  • CBRE Group's stock ownership is heavily concentrated among institutional investors and hedge funds, potentially limiting individual investor influence.
  • Recent fluctuations in stock prices and analyst reports may introduce volatility and uncertainty for investors.
  • Investing in real estate services companies like CBRE Group carries inherent market risks tied to property market fluctuations and economic conditions.
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 Wednesday, March 27, 2024. Please send any questions or comments about these CBRE Group pros and cons to contact@marketbeat.com.

CBRE Stock Analysis - Frequently Asked Questions

Should I buy or sell CBRE Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBRE Group in the last twelve months. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CBRE shares.
View CBRE analyst ratings
or view top-rated stocks.

What is CBRE Group's stock price target for 2024?

6 analysts have issued 1-year target prices for CBRE Group's shares. Their CBRE share price targets range from $85.00 to $103.00. On average, they expect the company's share price to reach $95.33 in the next twelve months. This suggests that the stock has a possible downside of 2.0%.
View analysts price targets for CBRE
or view top-rated stocks among Wall Street analysts.

How have CBRE shares performed in 2024?

CBRE Group's stock was trading at $93.09 on January 1st, 2024. Since then, CBRE shares have increased by 4.5% and is now trading at $97.24.
View the best growth stocks for 2024 here
.

Are investors shorting CBRE Group?

CBRE Group saw a increase in short interest in March. As of March 15th, there was short interest totaling 5,510,000 shares, an increase of 10.4% from the February 29th total of 4,990,000 shares. Based on an average trading volume of 1,620,000 shares, the short-interest ratio is presently 3.4 days. Approximately 1.8% of the company's stock are short sold.
View CBRE Group's Short Interest
.

When is CBRE Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CBRE earnings forecast
.

How were CBRE Group's earnings last quarter?

CBRE Group, Inc. (NYSE:CBRE) announced its quarterly earnings data on Thursday, February, 15th. The financial services provider reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.17. The financial services provider earned $8.95 billion during the quarter, compared to analyst estimates of $8.44 billion. CBRE Group had a net margin of 3.09% and a trailing twelve-month return on equity of 13.69%. CBRE Group's quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the firm earned $1.33 EPS.
Read the conference call transcript
.

What guidance has CBRE Group issued on next quarter's earnings?

CBRE Group updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share (EPS) guidance of 4.250-4.650 for the period, compared to the consensus EPS estimate of 4.340. The company issued revenue guidance of -.

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.

What other stocks do shareholders of CBRE Group own?

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

Who are CBRE Group's major shareholders?

CBRE Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.57%), Harris Associates L P (5.25%), Generation Investment Management LLP (2.53%), Principal Financial Group Inc. (2.25%), Allspring Global Investments Holdings LLC (1.93%) and Cantillon Capital Management LLC (1.71%). Insiders that own company stock include Brandon B Boze, Chandra Dhandapani, Daniel G Queenan, Emma E Giamartino, Emma E Giamartino, J Christopher Kirk, John E Durburg, Laurence H Midler, Lindsey S Caplan, Michael J Lafitte and Robert E Sulentic.
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.

Does CBRE Group have any subsidiaries?
The following companies are subsidiares of CBRE Group: Atrium AS, Aurora Projects Pty Ltd., Beezley Management, Brenner - Real Estate Group, Buildingi, CB/TCC Global Holdings Limited, CB/TCC LLC, CBRE Capital Markets Inc., CBRE Global Acquisition Company, CBRE Global Holdings, CBRE Holdco Inc., CBRE Holdings LLC, CBRE Holdings Limited, CBRE Inc., CBRE Limited, CBRE Luxembourg Holdings, CBRE Partner Inc., CBRE Services Inc., Caledon Capital Management, Capstone Financial Solutions, Convergences-CVL, Custom Spaces, FacilitySource, Floored, Florida Valuation, Forum Analytics, Franc Warwick Chartered Surveyors, Heery International, Mainstream Software, Michael Horwitz & Company, NEF, Norland Managed Services, Noveen Consulting, REATA Real Estate, Race Property, Ramot Group, Relam Amsterdam Holdings B.V., Romonet, Sitehawk Retail Real Estate, Skye Group, Tax Credit Group, Telford Homes, Trammell Crow Company, and Union Gaming.
Read More
This page (NYSE:CBRE) was last updated on 3/29/2024 by MarketBeat.com Staff

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