CBRE Group (NYSE:CBRE) Sees Unusually-High Trading Volume After Earnings Beat

CBRE Group, Inc. (NYSE:CBREGet Free Report) shares saw an uptick in trading volume on Thursday following a better than expected earnings announcement. 1,536,842 shares were traded during trading, an increase of 3% from the previous session’s volume of 1,492,353 shares.The stock last traded at $134.4690 and had previously closed at $149.49.

The financial services provider reported $2.73 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.05. The company had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.67 billion. CBRE Group had a return on equity of 20.55% and a net margin of 3.12%.The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the business earned $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS.

More CBRE Group News

Here are the key news stories impacting CBRE Group this week:

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Barclays increased their price target on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Keefe, Bruyette & Woods increased their target price on shares of CBRE Group from $185.00 to $192.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. UBS Group raised their target price on CBRE Group from $165.00 to $175.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CBRE Group in a research note on Wednesday, January 21st. Finally, Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a research note on Thursday. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $184.14.

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Institutional Investors Weigh In On CBRE Group

Several hedge funds have recently made changes to their positions in CBRE. Brighton Jones LLC raised its holdings in CBRE Group by 322.9% in the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after acquiring an additional 11,065 shares in the last quarter. Woodline Partners LP raised its stake in shares of CBRE Group by 38.2% in the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock valued at $3,266,000 after purchasing an additional 6,908 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of CBRE Group by 67.0% in the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock valued at $58,000 after purchasing an additional 179 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in CBRE Group by 6.9% in the second quarter. Concurrent Investment Advisors LLC now owns 4,731 shares of the financial services provider’s stock worth $663,000 after purchasing an additional 304 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in CBRE Group by 25.5% during the second quarter. Sequoia Financial Advisors LLC now owns 12,256 shares of the financial services provider’s stock worth $1,717,000 after buying an additional 2,487 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Price Performance

The stock has a market cap of $40.45 billion, a P/E ratio of 33.56 and a beta of 1.34. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.49. The company’s fifty day simple moving average is $164.16 and its 200-day simple moving average is $160.08.

CBRE Group Company Profile

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CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.

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