CBRE Group, Inc. (NYSE:CBRE) Receives $180.29 Average PT from Analysts

Shares of CBRE Group, Inc. (NYSE:CBRE) have been given a consensus rating of “Buy” by the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $180.2857.

Several research analysts have commented on CBRE shares. Evercore reaffirmed an “outperform” rating and set a $179.00 target price on shares of CBRE Group in a report on Friday, April 24th. Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Keefe, Bruyette & Woods lifted their target price on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Barclays lifted their target price on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th.

CBRE Group Trading Down 2.4%

Shares of CBRE opened at $140.61 on Monday. CBRE Group has a 52-week low of $118.81 and a 52-week high of $174.27. The business’s fifty day moving average is $140.64 and its 200-day moving average is $152.59. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market cap of $41.17 billion, a price-to-earnings ratio of 32.03 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last issued its quarterly 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 return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the company posted $0.86 EPS. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Equities analysts anticipate that CBRE Group will post 7.72 EPS for the current fiscal year.

Insider Transactions at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the transaction, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. This represents a 6.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Chad J. Doellinger sold 471 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the transaction, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. This trade represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 9,917 shares of company stock worth $1,463,618 over the last three months. 0.46% of the stock is owned by company insiders.

Institutional Trading of CBRE Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp increased its holdings in CBRE Group by 0.8% during the 3rd quarter. State Street Corp now owns 13,839,768 shares of the financial services provider’s stock worth $2,180,594,000 after purchasing an additional 105,586 shares in the last quarter. Principal Financial Group Inc. increased its holdings in CBRE Group by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider’s stock worth $1,337,051,000 after purchasing an additional 302,426 shares in the last quarter. Geode Capital Management LLC increased its holdings in CBRE Group by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider’s stock worth $1,369,409,000 after purchasing an additional 151,027 shares in the last quarter. Harris Associates L P increased its holdings in CBRE Group by 0.6% during the 4th quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider’s stock worth $1,114,053,000 after purchasing an additional 38,646 shares in the last quarter. Finally, Morgan Stanley increased its holdings in CBRE Group by 6.4% during the 4th quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider’s stock worth $1,075,849,000 after purchasing an additional 403,489 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

CBRE Group Company Profile

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.