CBRE Group (NYSE:CBRE) Issues Quarterly Earnings Results, Beats Expectations By $0.12 EPS

CBRE Group (NYSE:CBRE) released its earnings results on Thursday. The financial services provider reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.12, Zacks reports. CBRE Group had a return on equity of 13.91% and a net margin of 2.79%. CBRE Group updated its FY 2025 guidance to 5.800-6.100 EPS.

CBRE Group Stock Performance

Shares of NYSE:CBRE traded up $2.18 during midday trading on Thursday, hitting $142.83. The company’s stock had a trading volume of 1,578,485 shares, compared to its average volume of 1,814,500. CBRE Group has a fifty-two week low of $84.24 and a fifty-two week high of $147.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market capitalization of $43.71 billion, a price-to-earnings ratio of 45.86 and a beta of 1.39. The stock’s 50 day simple moving average is $135.82 and its 200 day simple moving average is $127.25.

Wall Street Analyst Weigh In

Several research firms have issued reports on CBRE. Jefferies Financial Group raised CBRE Group from a “hold” rating to a “buy” rating and upped their price target for the company from $133.00 to $152.00 in a report on Thursday, January 2nd. The Goldman Sachs Group assumed coverage on CBRE Group in a report on Friday, December 6th. They set a “buy” rating and a $176.00 target price for the company. Citigroup upped their price objective on shares of CBRE Group from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Keefe, Bruyette & Woods lifted their target price on shares of CBRE Group from $125.00 to $138.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 29th. Finally, JPMorgan Chase & Co. upgraded shares of CBRE Group from a “neutral” rating to an “overweight” rating and upped their price target for the company from $120.00 to $163.00 in a research report on Monday, December 16th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $148.56.

Insider Buying and Selling at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 1,815 shares of CBRE Group stock in a transaction on Friday, November 15th. The shares were sold at an average price of $131.34, for a total transaction of $238,382.10. Following the sale, the chief financial officer now owns 70,154 shares in the company, valued at $9,214,026.36. The trade was a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.54% of the company’s stock.

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.