Analysts Offer Predictions for CBRE Group, Inc.’s FY2025 Earnings (NYSE:CBRE)

CBRE Group, Inc. (NYSE:CBRE) – Equities researchers at Zacks Research decreased their FY2025 EPS estimates for shares of CBRE Group in a research report issued to clients and investors on Wednesday, September 18th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $5.72 per share for the year, down from their previous estimate of $5.75. The consensus estimate for CBRE Group’s current full-year earnings is $4.81 per share.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Thursday, July 25th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.12. The company had revenue of $8.39 billion for the quarter, compared to analyst estimates of $8.31 billion. CBRE Group had a net margin of 2.79% and a return on equity of 12.74%. CBRE Group’s revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company posted $0.82 earnings per share.

Other equities analysts have also issued research reports about the company. UBS Group cut their target price on CBRE Group from $100.00 to $95.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 3rd. Wolfe Research raised shares of CBRE Group to a “strong-buy” rating in a research report on Friday, August 16th. Keefe, Bruyette & Woods boosted their price objective on shares of CBRE Group from $110.00 to $120.00 and gave the stock a “market perform” rating in a research note on Thursday, August 1st. Evercore ISI upgraded shares of CBRE Group from an “in-line” rating to an “outperform” rating and raised their target price for the company from $100.00 to $123.00 in a research note on Friday, July 26th. Finally, Raymond James upped their price target on CBRE Group from $122.00 to $124.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 25th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.33.

CBRE Group Trading Up 1.3 %

Shares of NYSE:CBRE opened at $123.36 on Monday. The company has a market capitalization of $37.85 billion, a PE ratio of 38.43 and a beta of 1.40. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. CBRE Group has a 12-month low of $64.63 and a 12-month high of $123.59. The business’s fifty day simple moving average is $112.07 and its 200-day simple moving average is $97.75.

Insiders Place Their Bets

In other CBRE Group news, CEO Daniel G. Queenan sold 10,000 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $114.67, for a total value of $1,146,700.00. Following the completion of the transaction, the chief executive officer now owns 217,094 shares of the company’s stock, valued at $24,894,168.98. The transaction was disclosed in a filing with the SEC, which is available at this link. In other CBRE Group news, CEO Daniel G. Queenan sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $114.67, for a total transaction of $1,146,700.00. Following the sale, the chief executive officer now owns 217,094 shares in the company, valued at approximately $24,894,168.98. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Lindsey S. Caplan sold 2,000 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $109.87, for a total value of $219,740.00. Following the completion of the transaction, the chief accounting officer now owns 16,606 shares of the company’s stock, valued at $1,824,501.22. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,232 shares of company stock valued at $3,058,787. Insiders own 0.54% of the company’s stock.

Institutional Trading of CBRE Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Wellington Management Group LLP raised its holdings in shares of CBRE Group by 164.1% during the fourth quarter. Wellington Management Group LLP now owns 4,505,177 shares of the financial services provider’s stock worth $419,387,000 after purchasing an additional 2,799,097 shares during the last quarter. Swedbank AB purchased a new position in shares of CBRE Group during the 1st quarter valued at about $162,576,000. Parnassus Investments LLC acquired a new position in shares of CBRE Group in the 4th quarter valued at about $104,277,000. Harris Associates L P lifted its holdings in shares of CBRE Group by 4.5% in the 4th quarter. Harris Associates L P now owns 16,005,141 shares of the financial services provider’s stock valued at $1,489,919,000 after buying an additional 683,225 shares during the period. Finally, Eminence Capital LP boosted its stake in shares of CBRE Group by 42.6% in the second quarter. Eminence Capital LP now owns 1,518,203 shares of the financial services provider’s stock worth $135,287,000 after buying an additional 453,406 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Company Profile

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.