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

Shares of CBRE Group, Inc. (NYSE:CBREGet Free Report) have earned an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $180.2857.

A number of equities research analysts have recently weighed in on CBRE shares. Evercore reiterated an “outperform” rating and issued a $179.00 price target on shares of CBRE Group in a report on Friday, April 24th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and boosted their price target for the company from $175.00 to $185.00 in a report on Sunday, February 22nd. 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. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a report on Friday, May 15th.

View Our Latest Stock Report on CBRE

Insider Buying and Selling

In related news, insider Chad J. Doellinger sold 471 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the transaction, the insider directly owned 42,519 shares in the company, valued at $5,676,711.69. This represents a 1.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. The trade was a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,944 shares of company stock valued at $387,153 over the last quarter. Company insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CBRE. Fidelis Capital Partners LLC increased its holdings in shares of CBRE Group by 1.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock worth $709,000 after buying an additional 59 shares during the last quarter. Community Bank & Trust Waco Texas increased its holdings in shares of CBRE Group by 0.5% in the 4th quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock worth $2,362,000 after buying an additional 70 shares during the last quarter. Centersquare Investment Management LLC increased its holdings in shares of CBRE Group by 0.7% in the 4th quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock worth $1,683,000 after buying an additional 70 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of CBRE Group by 1.9% in the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock worth $594,000 after buying an additional 71 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of CBRE Group by 1.7% in the 3rd quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after buying an additional 71 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Performance

Shares of CBRE opened at $130.95 on Friday. The business’s 50 day moving average is $138.55 and its two-hundred day moving average is $149.77. CBRE Group has a 52-week low of $121.69 and a 52-week high of $174.27. The firm has a market cap of $38.34 billion, a price-to-earnings ratio of 29.83 and a beta of 1.21. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.

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

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.

Recommended Stories

Analyst Recommendations for CBRE Group (NYSE:CBRE)

Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.