CBRE Group
CBRE

$110.55

2.9%

Market Cap: 33.9B

About: CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. Additionally, CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.

Employees: 130,000

Real Estate Real Estate

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 8 analysts

0

News positive %

of 17 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

44% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 62

18% more funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 13 (+2) [Q1 2024]

4% more funds holding

Funds holding: 746 [Q4 2023] → 773 (+27) [Q1 2024]

2% more capital invested

Capital invested by funds: $28B [Q4 2023] → $28.6B (+$683M) [Q1 2024]

0% more repeat investments, than reductions

Existing positions increased: 285 | Existing positions reduced: 285

2.12% less ownership

Funds ownership: 98.58% [Q4 2023] → 96.47% (-2.12%) [Q1 2024]

36% less call options, than puts

Call options by funds: $58.6M | Put options by funds: $91.8M

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Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$95

14%

downside

Avg. target

$109

2%

downside

High target

$124

12%

upside

8 analyst ratings

2 positive

25%

6 neutral

75%

0 negative

0%

Evercore ISI Group Steve Sakwa	11%upside $123	Outperform Upgraded	26 Jul 2024
Raymond James Patrick O'Shaughnessy	12%upside $124	Strong Buy Maintained	25 Jul 2024
Morgan Stanley Ronald Kamdem	5%downside $105	Equal-Weight Initiated	25 Jul 2024
Keefe, Bruyette & Woods Jade Rahmani	1%downside $110	Market Perform Maintained	25 Jul 2024
UBS Alex Kramm	14%downside $95	Neutral Maintained	3 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 17 articles about CBRE published over the past 30 days

CBRE: Staying Positive With Beat-And-Raise Quarter

CBRE's Q2 2024 EBITDA and EPS beat the sell-side analysts' consensus forecasts by +9.9% and +14.3%, respectively. The company raised its full-year bottom-line guidance by +7.9%, and the updated outlook implies a +25.0% increase in its earnings for 2024. I stick with a Buy rating for CBRE, as the stock could command a higher P/E multiple in view of its 2024 earnings outlook and its historical EPS growth numbers.

CBRE: Staying Positive With Beat-And-Raise Quarter

CBRE Group, Inc. (CBRE) Q2 2024 Earnings Call Transcript

CBRE Group, Inc. (NYSE:CBRE ) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Chandni Luthra - Executive Vice President, Head of FP&A and Investor Relations Bob Sulentic - Chair & Chief Executive Officer Emma Giamartino - Chief Financial Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Jade Rahmani - KBW Michael Griffin - Citi Steve Sakwa - Evercore ISI Stephen Sheldon - William Blair Peter Abramowitz - Jefferies Operator Greetings, and welcome to the Second Quarter 2024 CBRE Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

CBRE Group, Inc. (CBRE) Q2 2024 Earnings Call Transcript

Zacks Investment Research

CBRE Group (CBRE) Q2 Earnings Beat, 2024 Outlook Raised

CBRE Group's (CBRE) Q2 results reflect the benefits of diversification and the expansion of its resilient business in recent years despite the challenging macro environment.

CBRE Group (CBRE) Q2 Earnings Beat, 2024 Outlook Raised

Zacks Investment Research

CBRE (CBRE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for CBRE (CBRE) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

CBRE (CBRE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

CBRE Group (CBRE) Tops Q2 Earnings Estimates

CBRE Group (CBRE) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.82 per share a year ago.

CBRE Group (CBRE) Tops Q2 Earnings Estimates

CBRE Group, Inc. Reports Financial Results for Second-Quarter 2024

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the second quarter ended June 30, 2024. Key Highlights: Revenue up 9%; net revenue up 11% Resilient Business(1) net revenue increased 14%, bolstered by Turner & Townsend's 18% growth Advisory transaction revenue - leasing and capital markets - rose 5%, supported by growth of 13% in U.S. leasing revenue and 20% in mortgage origination fees GAAP EPS down 34% to $0.42; Core EPS down 2% to $0.81 Deployed.

CBRE Group, Inc. Reports Financial Results for Second-Quarter 2024

3 Real Estate Stocks With High Growth Potential

Real estate stocks are a cornerstone asset class, typically providing a valuable hedge against inflation and steady income stream. Yet, real estate shares have lagged behind the S&P 500 index in 2024.

3 Real Estate Stocks With High Growth Potential

Zacks Investment Research

Can CBRE Group (CBRE) Keep Its Winning Streak Alive in Q2?

A focus on resilient business and diversification across property types, lines of business, geographic markets and clients and disciplined expense management are likely to aid CBRE Group's (CBRE) Q2 results.

Can CBRE Group (CBRE) Keep Its Winning Streak Alive in Q2?

Zacks Investment Research

Should Investors Retain CBRE Group (CBRE) Stock for Now?

Extensive real estate market knowledge and a solid outsourcing business bode well for CBRE Group (CBRE), though macroeconomic uncertainty and its adverse impact on commercial real estate transactions are concerning.

Should Investors Retain CBRE Group (CBRE) Stock for Now?

Zacks Investment Research

CBRE Group (CBRE) Expected to Beat Earnings Estimates: Should You Buy?

CBRE (CBRE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CBRE Group (CBRE) Expected to Beat Earnings Estimates: Should You Buy?

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