Cushman & Wakefield (NYSE:CWK – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.440-1.501 for the period, compared to the consensus estimate of 1.450. The company issued revenue guidance of -, compared to the consensus revenue estimate of $11.0 billion.
Cushman & Wakefield Trading Up 3.9%
NYSE CWK opened at $14.10 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.34. The firm has a market cap of $3.30 billion, a PE ratio of 44.05 and a beta of 1.43. The company has a 50 day moving average price of $13.30 and a 200 day moving average price of $13.62. Cushman & Wakefield has a 52 week low of $11.56 and a 52 week high of $17.40.
Cushman & Wakefield (NYSE:CWK – Get Free Report) last posted its earnings results on Tuesday, June 30th. The company reported $0.35 EPS for the quarter. The company had revenue of $2.76 billion during the quarter. Cushman & Wakefield had a net margin of 0.70% and a return on equity of 15.41%. As a group, sell-side analysts forecast that Cushman & Wakefield will post 1.45 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Report on Cushman & Wakefield
Insiders Place Their Bets
In other Cushman & Wakefield news, insider Nathaniel Robinson sold 24,828 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $13.25, for a total transaction of $328,971.00. Following the sale, the insider owned 70,876 shares of the company’s stock, valued at approximately $939,107. The trade was a 25.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.74% of the company’s stock.
Institutional Investors Weigh In On Cushman & Wakefield
Large investors have recently made changes to their positions in the stock. Balyasny Asset Management L.P. raised its stake in Cushman & Wakefield by 128.6% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,879,485 shares of the company’s stock worth $31,876,000 after acquiring an additional 1,620,143 shares during the last quarter. Channing Capital Management LLC grew its stake in Cushman & Wakefield by 46.0% during the 4th quarter. Channing Capital Management LLC now owns 5,105,717 shares of the company’s stock valued at $82,662,000 after purchasing an additional 1,609,190 shares during the last quarter. Bamco Inc. NY acquired a new position in shares of Cushman & Wakefield in the fourth quarter valued at about $23,982,000. Millennium Management LLC increased its holdings in shares of Cushman & Wakefield by 374.6% in the third quarter. Millennium Management LLC now owns 1,716,049 shares of the company’s stock valued at $27,320,000 after purchasing an additional 1,354,476 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Cushman & Wakefield by 23.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,519,263 shares of the company’s stock valued at $105,549,000 after purchasing an additional 1,233,055 shares during the period. 95.56% of the stock is owned by hedge funds and other institutional investors.
Cushman & Wakefield Company Profile
Cushman & Wakefield is a leading global commercial real estate services firm headquartered in Chicago. The company provides a wide range of services to occupiers and investors, specializing in transaction management, property management, facilities management and project management. Its clientele spans corporate occupiers, landlords, investors and government entities seeking solutions to optimize their real estate portfolios and operations.
The firm’s core offerings include leasing advisory for office, industrial, retail and multifamily properties, as well as capital markets advice on acquisitions, dispositions and debt and equity placements.
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