CBRE Group, Inc. (NYSE:CBRE – Get Free Report) insider Chad Doellinger sold 228 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the completion of the transaction, the insider directly owned 41,778 shares in the company, valued at $6,195,259.62. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CBRE Group Stock Performance
Shares of NYSE CBRE opened at $152.75 on Friday. The company has a market cap of $44.23 billion, a P/E ratio of 35.04 and a beta of 1.18. CBRE Group, Inc. has a 52-week low of $121.69 and a 52-week high of $174.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s fifty day moving average is $140.17 and its two-hundred day moving average is $141.98.
CBRE Group (NYSE:CBRE – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The firm had revenue of $11.23 billion during the quarter, compared to analyst estimates of $11.18 billion. During the same quarter last year, the business posted $1.19 earnings per share. The business’s quarterly revenue was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. As a group, analysts anticipate that CBRE Group, Inc. will post 7.77 EPS for the current fiscal year.
Institutional Investors Weigh In On CBRE Group
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods upped their price target on shares of CBRE Group from $158.00 to $174.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, Evercore reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of CBRE Group in a research note on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $180.57.
View Our Latest Research Report on CBRE
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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