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

CBRE Group, Inc. (NYSE:CBRE) has received a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $178.8571.

A number of brokerages have recently commented on CBRE. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Evercore set a $169.00 price target on CBRE Group in a research report on Tuesday, June 30th. Barclays boosted their price target on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, UBS Group reaffirmed a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th.

Insider Buying and Selling

In related news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the sale, the chief financial officer owned 110,729 shares in the company, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% of the company’s stock.

Institutional Investors Weigh In On CBRE Group

A number of institutional investors have recently modified their holdings of the business. State Street Corp raised its holdings in CBRE Group by 0.8% in the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after purchasing an additional 105,586 shares during the period. Principal Financial Group Inc. grew its holdings in CBRE Group by 3.2% in the first quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock valued at $1,337,051,000 after purchasing an additional 302,426 shares during the period. Geode Capital Management LLC increased its position in shares of CBRE Group by 1.8% in 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 buying an additional 151,027 shares in the last quarter. Harris Associates L P increased its position in shares of CBRE Group by 0.6% in 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 buying an additional 38,646 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of CBRE Group by 6.4% during the 4th quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock worth $1,075,849,000 after buying an additional 403,489 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Stock Performance

Shares of NYSE:CBRE traded up $4.73 during midday trading on Tuesday, reaching $145.28. The company’s stock had a trading volume of 1,630,049 shares, compared to its average volume of 2,256,288. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock has a fifty day moving average of $135.37 and a 200 day moving average of $146.15. CBRE Group has a twelve month low of $121.69 and a twelve month high of $174.27. The firm has a market capitalization of $42.54 billion, a PE ratio of 33.08 and a beta of 1.20.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.13 by $0.48. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The firm’s revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, equities analysts expect that CBRE Group will post 7.65 EPS for the current fiscal year.

CBRE Group Company Profile

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.