CBRE Group, Inc. (NYSE:CBRE – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $182.4286.
Several research firms have weighed in on CBRE. Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday. Barclays upped their target price on CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Finally, Keefe, Bruyette & Woods dropped their price target on CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th.
Read Our Latest Report on CBRE
CBRE Group Stock Performance
CBRE Group (NYSE:CBRE – Get Free Report) last posted its earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.05. The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.CBRE Group’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Sell-side analysts forecast that CBRE Group will post 5.99 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.42% of the company’s stock.
Institutional Investors Weigh In On CBRE Group
Several hedge funds have recently modified their holdings of the company. Fidelis Capital Partners LLC lifted its stake in shares of CBRE Group by 1.4% during the fourth quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock valued at $709,000 after buying an additional 59 shares during the period. Obermeyer Wealth Partners raised its holdings in CBRE Group by 2.8% in the 2nd quarter. Obermeyer Wealth Partners now owns 2,432 shares of the financial services provider’s stock valued at $341,000 after acquiring an additional 66 shares during the last quarter. NewSquare Capital LLC lifted its stake in shares of CBRE Group by 40.7% during the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 68 shares during the period. Community Bank & Trust Waco Texas boosted its holdings in shares of CBRE Group by 0.5% during the fourth quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock worth $2,362,000 after purchasing an additional 70 shares during the last quarter. Finally, Centersquare Investment Management LLC boosted its holdings in shares of CBRE Group by 0.7% during the fourth quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock worth $1,683,000 after purchasing an additional 70 shares during the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.
About CBRE Group
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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