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

Shares of CBRE Group, Inc. (NYSE:CBREGet Free Report) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $178.8571.

Several research firms have issued reports on CBRE. Keefe, Bruyette & Woods upped their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Jefferies Financial Group reiterated a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Barclays increased their price target on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Finally, Evercore set a $169.00 price target on CBRE Group in a report on Tuesday.

Check Out Our Latest Report on CBRE

CBRE Group Stock Down 0.1%

CBRE Group stock opened at $141.38 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The company’s 50-day moving average is $135.54 and its 200-day moving average is $146.38. The firm has a market capitalization of $41.40 billion, a PE ratio of 32.20 and a beta of 1.20. CBRE Group has a fifty-two week low of $121.69 and a fifty-two week high of $174.27.

CBRE Group (NYSE:CBREGet Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the business posted $0.86 EPS. CBRE Group’s 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. Sell-side analysts anticipate that CBRE Group will post 7.65 earnings per share for the current year.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC raised its holdings in CBRE Group by 322.9% in the 4th quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after acquiring an additional 11,065 shares during the period. Woodline Partners LP boosted its holdings in shares of CBRE Group by 38.2% during the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after acquiring an additional 6,908 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of CBRE Group by 67.0% during the first quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 179 shares during the period. First Trust Advisors LP grew its position in shares of CBRE Group by 41.3% in the second quarter. First Trust Advisors LP now owns 24,792 shares of the financial services provider’s stock valued at $3,474,000 after purchasing an additional 7,242 shares during the last quarter. Finally, Walleye Capital LLC grew its position in shares of CBRE Group by 54.6% in the second quarter. Walleye Capital LLC now owns 4,895 shares of the financial services provider’s stock valued at $686,000 after purchasing an additional 1,728 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

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.

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Analyst Recommendations for CBRE Group (NYSE:CBRE)

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