CBRE GroupCBRE
CBRE
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. CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.
Employees: 130,000
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
125% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 61
53% more call options, than puts
Call options by funds: $71.8M | Put options by funds: $47M
36% more funds holding in top 10
Funds holding in top 10: 11 [Q2] → 15 (+4) [Q3]
34% more capital invested
Capital invested by funds: $26.9B [Q2] → $36.2B (+$9.23B) [Q3]
10% more funds holding
Funds holding: 767 [Q2] → 843 (+76) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 291
3.63% less ownership
Funds ownership: 98.55% [Q2] → 94.92% (-3.63%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$132
4%
downside
Avg. target
$152
10%
upside
High target
$176
28%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Goldman Sachs Julien Blouin 0% 1-year accuracy 0 / 4 met price target | 28%upside $176 | Buy Initiated | 6 Dec 2024 |
Citigroup Michael Griffin 0% 1-year accuracy 0 / 1 met price target | 16%upside $160 | Buy Maintained | 25 Nov 2024 |
Keefe, Bruyette & Woods Jade Rahmani 79% 1-year accuracy 15 / 19 met price target | 0%upside $138 | Market Perform Maintained | 29 Oct 2024 |
Evercore ISI Group Steve Sakwa 51% 1-year accuracy 26 / 51 met price target | 4%downside $132 | Outperform Maintained | 4 Oct 2024 |
Financial journalist opinion
Based on 6 articles about CBRE published over the past 30 days
Positive
Zacks Investment Research
12 hours ago
Here's Why CBRE Group (CBRE) is a Strong Momentum Stock
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Neutral
Business Wire
1 day ago
CBRE Names Co-CEOs for Investment Management Business
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that Adam Gallistel and Andy Glanzman have been named Co-Chief Executive Officers of CBRE Investment Management. Gallistel will serve as Co-Chief Executive Officer and Chief Investment Officer with responsibility for investment strategy and performance and with a strong focus on investor engagement. Glanzman will serve as Co-Chief Executive Officer and President with responsibility for developing and executing the business st.
Neutral
Business Wire
4 days ago
Gateway Fiber Upsizes Credit Facility to $250 Million, Funding Continued Growth in Nationwide Fiber Deployment
WRIGHT CITY, Mo.--(BUSINESS WIRE)--Gateway Fiber, a leading fiber internet provider, is pleased to announce the closing of an incremental $75 million in debt financing. Proceeds from the capital raise will fund continued expansion of Gateway's fiber network through 2025 in three key markets – Missouri, Minnesota, and Massachusetts. Gateway has raised a total of $250 million of debt financing this year with Texas Capital acting as the Administrative Agent and Texas Capital Securities as Lead Arr.
Positive
Zacks Investment Research
2 weeks ago
CBRE Group Announces $5B Increase in Stock Repurchase Authorization
CBRE's increase in stock repurchase authorization reflects its strong financial position and efforts to boost shareholder wealth.
Neutral
Business Wire
2 weeks ago
CBRE Announces Expanded $5 Billion Stock Repurchase Authorization
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) today announced that its Board of Directors has approved an expanded authorization for the repurchase of up to an additional $5 billion of shares. The expanded authorization is in addition to the existing $4 billion stock repurchase authorization, which had approximately $1.4 billion remaining as of September 30, 2024. “Share repurchases are a key part of our capital allocation strategy. The expanded authorization is particularly timely giv.
Positive
Zacks Investment Research
3 weeks ago
5 Reasons to Add CBRE Group Stock to Your Portfolio Now
Extensive real estate market knowledge, a wide array of real estate products and services offerings, improved transaction activity and a healthy outsourcing business bode well for CBRE.
Neutral
Zacks Investment Research
1 month ago
CBRE (CBRE) Reliance on International Sales: What Investors Need to Know
Explore CBRE's (CBRE) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Positive
Seeking Alpha
1 month ago
CBRE Group: Real Estate Stock That Benefits From Rate Cuts And Infrastructure Spend
CBRE Group consistently beats earnings estimates, raised its 2024 outlook, and plans increased share buybacks, indicating confidence in undervalued stock. The recent Federal Funds rate cut has boosted real estate investment interest, enhancing CBRE's outlook and benefiting from the easing cycle. CBRE's diverse services and strong reputation create a resilient business model, well-positioned to capitalize on infrastructure investments and global market opportunities.
Positive
Seeking Alpha
1 month ago
CBRE: Still Bullish Considering Above-Expectations Results And Positive Guidance Revision
I maintain a Buy rating for CBRE, driven by strong Q3 results and expectations of substantial earnings growth for FY 2024 and FY 2025. CBRE's Q3 2024 revenue and non-GAAP adjusted EPS exceeded expectations, with notable performance from the Advisory Services segment, which saw significant revenue and operating income growth. The company raised its FY 2024 EPS guidance considering robust office leasing demand for the Advisory Services segment and improved profitability for the Global Workplace Solutions segment.
Positive
Zacks Investment Research
1 month ago
Why CBRE Group (CBRE) is a Top Momentum Stock for the Long-Term
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