CBRE Group, Inc. (CBRE)
Market Cap | 24.81B |
Revenue (ttm) | 31.19B |
Net Income (ttm) | 589.96M |
Shares Out | 304.79M |
EPS (ttm) | 1.90 |
PE Ratio | 42.85 |
Forward PE | 19.95 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,771,571 |
Open | 79.17 |
Previous Close | 78.96 |
Day's Range | 78.98 - 81.56 |
52-Week Range | 64.63 - 89.58 |
Beta | 1.39 |
Analysts | Buy |
Price Target | 89.14 (+9.5%) |
Earnings Date | Oct 27, 2023 |
About CBRE
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices; industrial and retail space; property sales and mortgage services under the CBRE Capital Markets brand; property and project management services, including construction man... [Read more]
Financial Performance
In 2022, CBRE Group's revenue was $30.83 billion, an increase of 11.11% compared to the previous year's $27.75 billion. Earnings were $1.41 billion, a decrease of -23.37%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CBRE stock is "Buy." The 12-month stock price forecast is $89.14, which is an increase of 9.50% from the latest price.
News

CBRE's Board Appoints CEO Robert Sulentic as Board Chair
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that its Board of Directors has appointed Chief Executive Officer Robert Sulentic to the additional role of Chair of the Board of ...

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for November 2023 and Availability of 19(a) Notice
NEW YORK , Nov. 14, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for November 2023 of $0.125...

CBRE Group, Inc. Reports Financial Results for Third-Quarter 2023
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the third quarter ended September 30, 2023. Consolidated Financial Results Overview The following table prese...

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains in October - CubeSmart (NYSE:CUBE), CBRE Group (NYSE:CBRE)
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

CBRE Named to 100 Best Corporate Citizens of 2023
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) has been named to 3BL's annual 100 Best Corporate Citizens ranking for the fifth consecutive year. CBRE was the only real estate company to earn a...

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for October 2023 and Availability of 19(a) Notice
NEW YORK , Oct. 13, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for October 2023 of $0.1250...

CBRE Group, Inc. Announces Details of Conference Call and Webcast for Third Quarter 2023 Financial Results
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) will release its third quarter 2023 financial results at approximately 6:55 a.m. Eastern time on Friday, October 27, 2023. Management will hold a...

CBRE Enters into Partnership to Accelerate Carbon Emission Reductions Across Global Supply Chain
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced a strategic partnership with Emitwise, a leading carbon accounting software provider, to collect greenhouse gas emissions (GHG) da...

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for September 2023 and Availability of 19(a) Notice
NEW YORK , Sept. 14, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for September 2023 of $0.1...

CORRECTING and REPLACING CBRE Group, Inc. to Present at the Barclays 2023 Global Financial Services Conference
DALLAS--(BUSINESS WIRE)--Event time in first paragraph of release should read 10:30 am (instead of 10 am). The updated release reads: CBRE GROUP, INC. TO PRESENT AT THE BARCLAYS 2023 GLOBAL FINANCIAL ...

CBRE Group, Inc. to Present at the Barclays 2023 Global Financial Services Conference
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) announced today that Emma Giamartino, CBRE's Chief Financial Officer, will participate in a fireside chat at the Barclays 2023 Global Financial Se...

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Increased Monthly Distribution for August 2023 and Availability of 19(a) Notice
NEW YORK , Aug. 14, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for August 2023 of $0.1250 ...

CBRE Announces New Executive Leadership Roles
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) today announced the promotion of two accomplished leaders to senior executive roles. Chad Doellinger has been promoted to General Counsel. Mr. Do...

CBRE Group, Inc. Reports Financial Results for Second-Quarter 2023
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the second quarter ended June 30, 2023. Consolidated Financial Results Overview The following table presents ...

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Announces a 15% Increase to the Distribution Rate and Webinar with Portfolio Management on August 9th, 2023
NEW YORK, July 26, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) announces a 15% increase in the regular monthly distribution rate, to $0.125/...

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for July 2023 and Availability of 19(a) Notice
NEW YORK , July 14, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for July 2023 of $0.1083 pe...

CBRE Group, Inc. Announces Details of Conference Call and Webcast for Second Quarter 2023 Financial Results
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) will release its second quarter 2023 financial results at approximately 6:55 a.m. Eastern time on Thursday, July 27, 2023. Management will hold a...

CBRE Group, Inc. Announces Pricing of $1 Billion Senior Notes Offering
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) (the “Company”) today announced the pricing of the offering of $1 billion in aggregate principal amount of 5.950% Senior Notes due 2034 (the “Note...

New York Life Investments Announces Name Change for the MainStay CBRE Global Infrastructure Megatrends Fund
NEW YORK , June 20, 2023 /PRNewswire/ -- New York Life Investments today announced a name change for MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) to MainStay CBRE Glob...
Acore Capital's Warren De Haan say he's finding opportunities in multifamily real estate
Warren De Haan, Acore Capital co-CEO, joins 'The Exchange' to discuss lender strength and where to find opportunity in credit and commercial real estate.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Monthly Distribution for June 2023 and Availability of 19(a) Notice
NEW YORK , June 14, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for June 2023 of $0.1083 per com...

CBRE Group, Inc. to Present at the Morgan Stanley 2023 U.S. Financials, Payments & CRE Conference
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) announced today that Emma Giamartino, CBRE's Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley 2023 U.S. Financia...

Renewed Analyst Sentiment for CBRE Group Stock: Buy the Dip?
These renewed targets come amid the company's recent 11-cent per-share beat in earnings. As the stock bounces off its lowest book-to-value ratios since the 2008 financial crisis (excluding the sell-of...

Forbes Names CBRE One of America's Net-Zero Leaders
DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) has been named to Forbes' inaugural Net-Zero Leaders list. CBRE was the highest-ranked commercial real estate services company. Forbes identified ...

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Monthly Distribution for May 2023 and Availability of 19(a) Notice
NEW YORK , May 12, 2023 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for May 2023 of $0.1083 per commo...