CBRE Group, Inc. (CBRE)

NYSE: CBRE · IEX Real-Time Price · USD
75.84
-0.28 (-0.37%)
Dec 9, 2022 4:03 PM EST - Market closed
-0.37%
Market Cap 24.05B
Revenue (ttm) 31.18B
Net Income (ttm) 2.02B
Shares Out 319.83M
EPS (ttm) 6.01
PE Ratio 12.62
Forward PE 15.65
Dividend n/a
Ex-Dividend Date n/a
Volume 1,036,778
Open 75.79
Previous Close 76.12
Day's Range 75.67 - 76.69
52-Week Range 66.31 - 111
Beta 1.37
Analysts Buy
Price Target 93.40 (+23.2%)
Earnings Date Oct 27, 2022

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; property sales and mortgage services under the CBRE Capital Markets brand; property and project management services, including construction management, marketing, building engineering... [Read more]

Industry Real Estate Management & Development
IPO Date Jun 10, 2004
CEO Robert Sulentic
Employees 105,000
Stock Exchange NYSE
Ticker Symbol CBRE
Full Company Profile

Financial Performance

In 2021, CBRE Group's revenue was $27.75 billion, an increase of 16.45% compared to the previous year's $23.83 billion. Earnings were $1.84 billion, an increase of 144.23%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CBRE stock is "Buy." The 12-month stock price forecast is 93.4, which is an increase of 23.15% from the latest price.

Price Target
$93.4
(23.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CBRE Group, Inc. to Present at the Goldman Sachs 2022 U.S. Financial Services Conference

DALLAS--( BUSINESS WIRE )--CBRE (NYSE: CBRE) announced today that Bob Sulentic, the company's Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs U.S. Financial Services Co...

1 week ago - Business Wire

XY Sense Wins Innovation of the Year Award at the CBRE Global Workplace Solutions (GWS) Supplier Innovation Challenge

MELBOURNE, Australia & NEW YORK--( BUSINESS WIRE )--Occupancy analytics leader XY Sense today announced that it won the Innovation of the Year Award at the CBRE Supplier Innovation Challenge for North A...

1 week ago - Business Wire

CBRE Ranks Among Top Companies for Investor Transparency

DALLAS--( BUSINESS WIRE )--CBRE ranked #26 among the S&P 250 for investor transparency and was the top firm within the real estate industry in the fourth annual U.S. Transparency Awards. The rankings co...

3 weeks ago - Business Wire

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Monthly Distribution for November 2022 and ...

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for November 2022 of $0.1083 per c...

3 weeks ago - PRNewsWire

CBRE Enhances Integrated Laboratory Solutions Capabilities with Acquisition of Full Spectrum Group

DALLAS--(BUSINESS WIRE)--CBRE Group (NYSE:CBRE) today announced it has acquired Full Spectrum Group, a leading provider of expert technical support services for high-end laboratory systems in the U.S., ...

1 month ago - Business Wire

CBRE Group (CBRE) Q3 Earnings & Revenues Lag, Stock Down

CBRE Group's (CBRE) Q3 results reflect lower-than-expected revenues amid the weakening of the macro environment.

1 month ago - Zacks Investment Research

CBRE Group (CBRE) Lags Q3 Earnings and Revenue Estimates

CBRE (CBRE) delivered earnings and revenue surprises of -8.87% and 4.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

CBRE Group, Inc. Reports Financial Results for Third-Quarter 2022

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the third quarter ended September 30, 2022.

1 month ago - Business Wire

What's in the Offing for CBRE Group (CBRE) in Q3 Earnings?

The adverse impact on commercial real estate transactions amid macroeconomic uncertainties and a choppy geopolitical environment is likely to have affected CBRE Group's (CBRE) performance in Q3.

1 month ago - Zacks Investment Research

New Strong Sell Stocks for October 24th

BVH, CBRE and EQX have been added to the Zacks Rank #5 (Strong Sell) List on October 24, 2022.

Other symbols: BVHEQX
1 month ago - Zacks Investment Research

Analysts Estimate CBRE Group (CBRE) to Report a Decline in Earnings: What to Look Out for

CBRE (CBRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Monthly Distribution for October 2022 and A...

NEW YORK , Oct. 14, 2022 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for October 2022 of $0.1083 per co...

1 month ago - PRNewsWire

11 Stocks Are Primed To Blow Away Earnings Expectations

Want to put an S&P 500 investor in a good mood during earnings season? A huge earnings surprise would do it.

1 month ago - Investors Business Daily

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Announces Portfolio Manager Update Call Thursday, Oc...

NEW YORK , Oct. 13, 2022 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) (the "Fund") has announced a conference call with the portfolio management team, to be held on T...

1 month ago - PRNewsWire

CBRE Group, Inc. Announces Details of Conference Call and Webcast for Third Quarter 2022 Financial Results

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBRE) will release its third quarter 2022 financial results at approximately 6:55 a.m. Eastern time on Thursday, October 27, 2022. Management will hold a...

2 months ago - Business Wire

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Monthly Distribution for September 2022 and...

NEW YORK , Sept. 15, 2022 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for September 2022 of $0.1083 per...

2 months ago - PRNewsWire

VTS Announces Over $125M in Series E Funding Round Led by CBRE

NEW YORK--(BUSINESS WIRE)--VTS, the commercial real estate industry's leading technology platform that transforms how strategic decisions are made and executed across the asset lifecycle, today announce...

3 months ago - Business Wire

3 Real Estate Operations Stocks Set to Escape Industry Blues

Despite the cautious stance of clients due to rising interest rates and inflation, the Zacks Real Estate Operations industry stocks like CBRE, FSV and CIGI are in focus as outsourcing of real estate nee...

Other symbols: CIGIFSV
3 months ago - Zacks Investment Research

IndexIQ'S IQ U.S. Real Estate Small Cap ETF Completes Transition to Track IQ CBRE NextGen Real Estate Index (Ticker: ...

NEW YORK--(BUSINESS WIRE)--IndexIQ announces enhancements to its ROOF ETF including a new underlying index, the IQ CBRE NextGen Real Estate Index, a new name and a lower fee.

3 months ago - Business Wire

Here's Why You Should Retain CBRE Group (CBRE) Stock for Now

Extensive real estate market knowledge, solid outsourcing business and strategic buyouts will aid CBRE Group's (CBRE) growth. However, macroeconomic uncertainty is worrisome.

3 months ago - Zacks Investment Research

DataBank Completes First Phase of Major Recapitalization

Investor Consortium Led by Swiss Life and EDF Invest Acquires 35% Interest in DataBank for approximately $1.5B DALLAS , Aug. 30, 2022 /PRNewswire/ -- DataBank, a leading provider of enterprise-class col...

Other symbols: DBRG
3 months ago - PRNewsWire

CBRE Group (CBRE) Cheers Investors With a $2B Buyback Increase

CBRE Group's (CBRE) latest increase in the share repurchase authorization reflects its commitment to maximizing shareholders' wealth and generating more value.

3 months ago - Zacks Investment Research

CBRE Group, Inc. Adds Blake Hutcheson to Board of Directors

DALLAS--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that E.M. Blake Hutcheson has been appointed to the company's Board of Directors, effective September 1, 2022. Mr. Hutcheson is Pres...

3 months ago - Business Wire

One Investor Is The Largest Owner Of Two-Thirds Of U.S. Companies

Want to know who owns Corporate America? It's not Bill Gates or Elon Musk.

3 months ago - Investors Business Daily

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Monthly Distribution for August 2022 and Av...

NEW YORK , Aug. 12, 2022 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for August 2022 of $0.1083 per com...

3 months ago - PRNewsWire