CBRE Group (NYSE:CBRE) Updates FY 2025 Earnings Guidance

CBRE Group (NYSE:CBRE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.250-6.350 for the period, compared to the consensus earnings per share estimate of 6.200. The company issued revenue guidance of -.

CBRE Group Stock Performance

Shares of CBRE opened at $164.16 on Thursday. The company has a market cap of $48.84 billion, a PE ratio of 45.98 and a beta of 1.36. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.51. The stock has a 50-day moving average price of $159.72 and a 200-day moving average price of $142.30. CBRE Group has a 12-month low of $108.45 and a 12-month high of $167.56.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.14. The firm had revenue of $9.75 billion during the quarter, compared to the consensus estimate of $9.50 billion. CBRE Group had a return on equity of 18.89% and a net margin of 2.86%. CBRE Group has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, equities analysts forecast that CBRE Group will post 5.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CBRE shares. Raymond James Financial lifted their price target on CBRE Group from $163.00 to $166.00 and gave the company an “outperform” rating in a research report on Thursday, July 24th. Weiss Ratings restated a “buy (b-)” rating on shares of CBRE Group in a research report on Wednesday, October 8th. Morgan Stanley boosted their target price on CBRE Group from $170.00 to $180.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. boosted their price objective on CBRE Group from $143.00 to $185.00 and gave the company an “overweight” rating in a research report on Tuesday, August 26th. Finally, UBS Group boosted their price objective on CBRE Group from $146.00 to $165.00 and gave the company a “neutral” rating in a research report on Friday, October 10th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $170.78.

Insider Activity at CBRE Group

In related news, CEO Vikramaditya Kohli sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $154.90, for a total transaction of $154,900.00. Following the completion of the transaction, the chief executive officer owned 111,473 shares in the company, valued at $17,267,167.70. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lindsey S. Caplan sold 1,494 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $155.37, for a total value of $232,122.78. Following the transaction, the chief accounting officer owned 26,717 shares of the company’s stock, valued at approximately $4,151,020.29. This represents a 5.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,494 shares of company stock worth $857,593 over the last quarter. 0.42% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CBRE Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alliancebernstein L.P. grew its stake in CBRE Group by 0.3% in the second quarter. Alliancebernstein L.P. now owns 1,719,822 shares of the financial services provider’s stock worth $240,981,000 after purchasing an additional 5,061 shares during the period. Canada Pension Plan Investment Board grew its stake in CBRE Group by 1.6% in the second quarter. Canada Pension Plan Investment Board now owns 692,280 shares of the financial services provider’s stock worth $97,002,000 after purchasing an additional 10,875 shares during the period. California State Teachers Retirement System grew its stake in CBRE Group by 0.6% in the second quarter. California State Teachers Retirement System now owns 493,250 shares of the financial services provider’s stock worth $69,114,000 after purchasing an additional 3,051 shares during the period. Park Presidio Capital LLC grew its stake in CBRE Group by 149.1% in the second quarter. Park Presidio Capital LLC now owns 426,625 shares of the financial services provider’s stock worth $59,779,000 after purchasing an additional 255,359 shares during the period. Finally, Raymond James Financial Inc. grew its stake in CBRE Group by 2.5% in the second quarter. Raymond James Financial Inc. now owns 283,997 shares of the financial services provider’s stock worth $39,794,000 after purchasing an additional 6,933 shares during the period. 98.41% of the stock is owned by hedge funds and other institutional investors.

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.