CBRE Group, Inc. (NYSE:CBRE) Receives Average Rating of “Moderate Buy” from Analysts

Shares of CBRE Group, Inc. (NYSE:CBREGet Free Report) have been given an average rating of “Moderate Buy” by the eight analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $182.4286.

CBRE has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods decreased their price target on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Raymond James Financial set a $180.00 target price on CBRE Group and gave the company an “outperform” rating in a research note on Thursday, February 12th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd.

Check Out Our Latest Analysis on CBRE Group

CBRE Group Stock Down 1.7%

Shares of CBRE Group stock opened at $147.41 on Wednesday. CBRE Group has a 12-month low of $108.45 and a 12-month high of $174.27. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. The stock has a 50 day moving average price of $161.31 and a two-hundred day moving average price of $159.44. The stock has a market capitalization of $43.51 billion, a P/E ratio of 38.19 and a beta of 1.33.

CBRE Group (NYSE:CBREGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.67 billion. During the same quarter last year, the firm posted $2.32 earnings per share. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities analysts expect that CBRE Group will post 5.99 earnings per share for the current year.

Insiders Place Their Bets

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer directly owned 126,501 shares in the company, valued at $18,799,313.61. This trade represents a 6.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.42% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. State Street Corp increased its stake in CBRE Group by 0.8% during the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock valued at $2,180,594,000 after acquiring an additional 105,586 shares during the period. Principal Financial Group Inc. grew its holdings in shares of CBRE Group by 1.1% during the 4th quarter. Principal Financial Group Inc. now owns 9,567,987 shares of the financial services provider’s stock worth $1,538,443,000 after purchasing an additional 99,532 shares in the last quarter. Geode Capital Management LLC increased its position in shares of CBRE Group by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock valued at $1,369,409,000 after purchasing an additional 151,027 shares during the period. Harris Associates L P increased its position in shares of CBRE Group by 0.6% during the fourth quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock valued at $1,114,053,000 after purchasing an additional 38,646 shares during the period. Finally, Morgan Stanley raised its stake in shares of CBRE Group by 6.4% in the fourth quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock valued at $1,075,849,000 after purchasing an additional 403,489 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

About CBRE Group

(Get Free Report)

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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Analyst Recommendations for CBRE Group (NYSE:CBRE)

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