CBRE Group, Inc. (CBRE)

NYSE: CBRE · IEX Real-Time Price · USD
88.72
+0.59 (0.67%)
May 14, 2024, 4:00 PM EDT - Market closed
0.67%
Market Cap 27.22B
Revenue (ttm) 32.47B
Net Income (ttm) 995.11M
Shares Out 306.82M
EPS (ttm) 3.19
PE Ratio 27.81
Forward PE 18.02
Dividend n/a
Ex-Dividend Date n/a
Volume 1,316,186
Open 89.00
Previous Close 88.13
Day's Range 88.45 - 89.73
52-Week Range 64.63 - 98.65
Beta 1.44
Analysts Buy
Price Target 99.50 (+12.15%)
Earnings Date May 3, 2024

About CBRE

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 man... [Read more]

Sector Real Estate
IPO Date Jun 10, 2004
Employees 130,000
Stock Exchange NYSE
Ticker Symbol CBRE
Full Company Profile

Financial Performance

In 2023, CBRE Group's revenue was $31.95 billion, an increase of 3.64% compared to the previous year's $30.83 billion. Earnings were $986.00 million, a decrease of -29.92%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CBRE stock is "Buy." The 12-month stock price forecast is $99.5, which is an increase of 12.15% from the latest price.

Price Target
$99.5
(12.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for May 2024 and Availability of 19(a) Notice

NEW YORK , May 14, 2024 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for May 2024 of $0.1250 per ...

Other symbols: MEGI
14 hours ago - PRNewsWire

Chandni Luthra to Join CBRE to Lead Investor Relations and Financial Planning & Analysis

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) today announced that Chandni Luthra will join the company on June 3 as Executive Vice President with responsibility for Investor Relations and Fi...

8 days ago - Business Wire

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

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2024. Consolidated Financial Results Overview The following table presents ...

11 days ago - Business Wire

The Revitalized Queen City Quarter Announces "QCQ @ 5" Event in Charlotte

CHARLOTTE, N.C., April 23, 2024 /PRNewswire/ -- Queen City Quarter, Charlotte's premier destination for shopping, dining, and entertainment, is thrilled to announce its "QCQ @ 5" event series occurrin...

21 days ago - PRNewsWire

4 Stock Picks to Play a Commercial-Real-Estate Bottom, Says Analyst

William Blair suggests buying shares of CBRE Group, Jones Lang LaSalle, Colliers International, and Cushman & Wakefield, which service commercial properties.

Other symbols: CIGICWKJLL
27 days ago - Barrons

Trade Tracker: Josh Brown sells CBRE Group

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he sold the commercial real estate name.

4 weeks ago - CNBC Television

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for April 2024 and Availability of 19(a) Notice

NEW YORK , April 12, 2024 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for April 2024 of $0.1250 ...

Other symbols: MEGI
4 weeks ago - PRNewsWire

REYN, LKQ, VMC, CBRE: Stocks to Watch

Stocks are selling off after a hot CPI print. Bryant VanCronkhite discusses this, as well as the equity market outlook.

Other symbols: LKQREYNVMC
4 weeks ago - Schwab Network

CBRE Group, Inc. Announces Details of Conference Call and Webcast for First Quarter 2024 Financial Results

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) will release its first quarter 2024 financial results at approximately 6:55 a.m. Eastern time on Friday, May 3, 2024. Management will hold a conf...

5 weeks ago - Business Wire

CBRE Streamlines Leadership of its Two Real Estate Services Business Segments

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that Chief Operating Officer Vikram Kohli will assume direct oversight of the company's two real estate services business segments...

5 weeks ago - Business Wire

Fortune Names CBRE One of America's Most Innovative Companies

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that it has been named to Fortune's Most Innovative Companies roster for the second year in a row. Less than 2% of the companies e...

6 weeks ago - Business Wire

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for March 2024 and Availability of 19(a) Notice

NEW YORK , March 14, 2024 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for March 2024 of $0.1250 ...

Other symbols: MEGI
2 months ago - PRNewsWire

CBRE Named as One of the 2024 World's Most Ethical Companies for 11th Consecutive Year

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) has received the 2024 World's Most Ethical Companies® recognition from Ethisphere, a global leader in defining and advancing the standards of ethi...

2 months ago - Business Wire

CBRE Climbs to No. 3 on Barron's Most Sustainable U.S. Companies List

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) climbed to No. 3 on the Barron's list of the 100 most sustainable U.S.-based companies for 2024 – up from No. 4 last year. This is the seventh con...

2 months ago - Business Wire

CBRE Group, Inc. Closes Acquisition of J&J Worldwide Services

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) and Arlington Capital Partners today announced CBRE's completion of its acquisition of J&J Worldwide Services, a leading provider of engineering s...

2 months ago - Business Wire

Guy Metcalfe to Join CBRE Group, Inc. Board of Directors

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that Guy A. Metcalfe has been appointed to the company's Board of Directors, effective February 26, 2024. Mr. Metcalfe was a Manag...

2 months ago - Business Wire

CBRE Named Top Real Estate Brand in Lipsey Survey for 23rd Consecutive Year

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) has been named the top global brand in commercial real estate by The Lipsey Company for the 23rd consecutive year. CBRE's development services su...

2 months ago - Business Wire

CBRE Group, Inc. Announces Pricing of $500 Million Senior Notes Offering

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) (the “Company”) today announced the pricing of the offering of $500 million in aggregate principal amount of 5.500% Senior Notes due 2029 (the “No...

3 months ago - Business Wire

CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2023

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31, 2023. Consolidated Financial Results Overview The following ta...

3 months ago - Business Wire

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for February 2024 and Availability of 19(a) Notice

NEW YORK , Feb. 14, 2024 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for February 2024 of $0.125...

Other symbols: MEGI
3 months ago - PRNewsWire

Arlington Capital Partners to Sell J&J Worldwide Services to CBRE

WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private investment firm specializing in government regulated industries, today announced it has agreed to...

3 months ago - Business Wire

CBRE Group, Inc. Expands Public Sector Capabilities with Agreement to Acquire J&J Worldwide Services

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced a definitive agreement to acquire J&J Worldwide Services, a leading provider of engineering services, base support operations and ...

3 months ago - Business Wire

Fortune Names CBRE a World's Most Admired Company for 14th Straight Year

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that it has been named to Fortune's World's Most Admired Companies roster for the 14th year in a row. Fortune grades companies on ...

3 months ago - Business Wire

KBW's Jade Rahmani: We're cautious on the commercial mortgage REITs

Jade Rahmani, KBW managing director, joins 'Fast Money' to talk the commercial real estate market.

4 months ago - CNBC Television

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for January 2024 and Availability of 19(a) Notice

NEW YORK , Jan. 16, 2024 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for January 2024 of $0.1250...

Other symbols: MEGI
4 months ago - PRNewsWire