CBRE Group (NYSE:CBRE) Releases Quarterly Earnings Results, Beats Expectations By $0.12 EPS

CBRE Group (NYSE:CBRE) released its quarterly earnings data on Thursday. The financial services provider reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.12, Zacks reports. CBRE Group had a net margin of 2.79% and a return on equity of 13.91%. CBRE Group updated its FY 2025 guidance to 5.800-6.100 EPS.

CBRE Group Stock Performance

Shares of NYSE:CBRE traded up $1.35 during midday trading on Thursday, reaching $142.00. The company had a trading volume of 1,510,931 shares, compared to its average volume of 1,814,500. The company’s 50 day moving average price is $135.82 and its 200 day moving average price is $127.25. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.34. The stock has a market cap of $43.45 billion, a P/E ratio of 45.66 and a beta of 1.39. CBRE Group has a 52-week low of $84.24 and a 52-week high of $147.75.

Insider Buying and Selling

In other CBRE Group news, CFO Emma E. Giamartino sold 1,815 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $131.34, for a total transaction of $238,382.10. Following the completion of the transaction, the chief financial officer now owns 70,154 shares in the company, valued at $9,214,026.36. This trade represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CBRE. Citigroup lifted their price objective on shares of CBRE Group from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Jefferies Financial Group upgraded shares of CBRE Group from a “hold” rating to a “buy” rating and upped their target price for the stock from $133.00 to $152.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. upgraded shares of CBRE Group from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $120.00 to $163.00 in a research note on Monday, December 16th. Morgan Stanley upgraded shares of CBRE Group from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $115.00 to $160.00 in a research note on Wednesday, January 15th. Finally, The Goldman Sachs Group began coverage on shares of CBRE Group in a research note on Friday, December 6th. They issued a “buy” rating and a $176.00 target price for the company. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $148.56.

About CBRE Group

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.