CBIZ, Inc. (CBZ)

NYSE: CBZ · Real-Time Price · USD
77.89
+0.82 (1.06%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.06%
Market Cap 3.89B
Revenue (ttm) 1.68B
Net Income (ttm) 119.02M
Shares Out 50.00M
EPS (ttm) 2.37
PE Ratio 32.93
Forward PE 26.56
Dividend n/a
Ex-Dividend Date n/a
Volume 276,932
Open 76.84
Previous Close 77.07
Day's Range 76.16 - 77.89
52-Week Range 57.02 - 86.36
Beta 0.91
Analysts Strong Buy
Price Target 86.00 (+10.41%)
Earnings Date Oct 29, 2024

About CBZ

CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services. The Benefits and Insurance Services provides employee benefits consulting, payroll/human capital management, property and casualty insurance, and retirement and investment services. The Nation... [Read more]

Sector Industrials
Founded 1987
Employees 6,700
Stock Exchange NYSE
Ticker Symbol CBZ
Full Company Profile

Financial Performance

In 2023, CBIZ, Inc.'s revenue was $1.59 billion, an increase of 12.69% compared to the previous year's $1.41 billion. Earnings were $120.97 million, an increase of 14.82%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CBZ stock is "Strong Buy" and the 12-month stock price forecast is $86.0.

Price Target
$86.0
(10.41% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

October's Small Business Hiring Data Continues to Show Weakness

CLEVELAND--(BUSINESS WIRE)--The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.58% in October, marking the second consecutive month of decline and the fourt...

8 days ago - Business Wire

CBIZ COMPLETES ACQUISITION OF MARCUM

EXPECTED COMBINED ANNUALIZED REVENUE OF ~$2.8B CLEVELAND , Nov. 1, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) (the "Company"), a leading national professional services advisor, today announced it has...

19 days ago - PRNewsWire

CBIZ, Inc. (CBZ) Q3 2024 Earnings Call Transcript

CBIZ, Inc. (NYSE:CBZ) Q3 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Lori Novickis - Director, Corporate Relations Jerome Grisko - President & CEO Ware Grove - SVP...

22 days ago - Seeking Alpha

CBIZ REPORTS THIRD-QUARTER AND NINE-MONTH 2024 RESULTS

THIRD-QUARTER HIGHLIGHTS: TOTAL REVENUE OF $438.9 MILLION, UP 6.9%; SAME-UNIT REVENUE UP 5.1% NET INCOME UP 4.2%; ADJUSTED EBITDA UP 23.0% GAAP EPS UP 4.5%; ADJUSTED EPS UP 27.3% NINE-MONTH HIGHLIGHTS...

23 days ago - PRNewsWire

In Unsettled Economy, Small and Mid-Sized Businesses Struggle with Staffing as Inflation Pressures and Rising Health Care Costs Persist

CLEVELAND--(BUSINESS WIRE)---- $CBZ--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Fall 2024 Main Street Index, taking the pulse of and gau...

4 weeks ago - Business Wire

CBIZ TO ANNOUNCE THIRD-QUARTER RESULTS ON OCTOBER 29, 2024

CLEVELAND , Oct. 15, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) (the "Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the third qu...

5 weeks ago - PRNewsWire

Kaskela Law LLC Announces Shareholder Investigation of CBIZ, Inc. (NYSE: CBZ) and Encourages Investors to Contact the Firm

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating CBIZ, Inc. (NYSE: CBZ) on behalf of the company's shareholders. Since July 2024, shares of CBIZ's stock have declined ...

2 months ago - Business Wire

CBIZ Acquisition Of Marcum Points To Big Earnings Gains Next Year

CBIZ has shown a 10-year upward trajectory with a 736.88% increase in share price. A recent dip in the share price following earnings misses presents a buying opportunity for long-term investors. Acqu...

3 months ago - Seeking Alpha

CBIZ, Inc. Appoints Donna Mirandola Chief Marketing Officer

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Donna Mirandola as its next Chief Marke...

3 months ago - Business Wire

CBIZ, Inc. (CBZ) Q2 2024 Earnings Call Transcript

CBIZ, Inc. (NYSE:CBZ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Lori Novickis - Director-Corporate Relations Jerry Grisko - President & Chief Executive Officer W...

4 months ago - Seeking Alpha

CBiz to acquire Marcum in $2.3-billion deal, forming seventh-largest US accounting firm

In a significant development within the US accounting industry, CBiz, America's only publicly traded accountancy firm, has announced its acquisition of Marcum, a prominent player that audits more US-l...

4 months ago - Invezz

CBIZ REPORTS SECOND-QUARTER AND FIRST-HALF 2024 RESULTS AND ANNOUNCES AGREEMENT TO ACQUIRE MARCUM

SECOND-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 5.4%; SAME-UNIT REVENUE UP 2.8% GAAP EPS DOWN 26.4%; ADJUSTED EPS DOWN 9.1%; INCLUDES MARCUM ACQUISITION-RELATED EXPENSE OF $6.7M NET INCOME DOWN 26.3%; ADJ...

4 months ago - PRNewsWire

CBIZ TO ACQUIRE MARCUM

UPON CLOSING: CBIZ COMBINED ANNUAL REVENUE WILL BE ~$2.8B WILL SOLIDIFY CBIZ'S POSITION AS LEADING PROVIDER OF PROFESSIONAL ADVISORY SERVICES OF ITS KIND CBIZ WILL BECOME THE SEVENTH-LARGEST ACCOUNTIN...

4 months ago - PRNewsWire

Economic Confidence Among Small to Mid-Sized Businesses Remains High, but Cracks Begin to Show

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the CBIZ Main Street Index — Summer 2024, taking the pulse of and gau...

4 months ago - Business Wire

CBIZ TO ANNOUNCE SECOND-QUARTER AND FIRST-HALF 2024 RESULTS ON JULY 31, 2024

CLEVELAND , July 22, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the second q...

4 months ago - PRNewsWire

CBIZ Launches D@taNEXUS: Empowering Business Leaders With Advanced Data Analytics and Automation

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ) today announced the launch of CBIZ D@taNEXUS, a comprehensive suite of data analytics and automation services which helps clients transform complex, ...

4 months ago - Business Wire

CBIZ, Inc. (CBZ) Q1 2024 Earnings Call Transcript

CBIZ, Inc. (NYSE:CBZ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Lori Novickis - Director of Corporate Relations Jerry Grisko - President & Chief Executive Offic...

7 months ago - Seeking Alpha

CBIZ REPORTS FIRST-QUARTER 2024 RESULTS

FIRST-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 8.7%; SAME-UNIT REVENUE UP 5.9% GAAP EPS UP 6.3%; ADJUSTED EPS UP 5.5% NET INCOME UP 5.1%; ADJUSTED EBITDA UP 4.8% CLEVELAND , April 25, 2024 /PRNewswire/ --...

7 months ago - PRNewsWire

CBIZ TO ANNOUNCE FIRST-QUARTER 2024 RESULTS ON APRIL 25, 2024

CLEVELAND , April 11, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the first q...

7 months ago - PRNewsWire

Hiring Growth for Small Businesses Continues in March

CLEVELAND--(BUSINESS WIRE)--The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.18% in March as the U.S. economy continues to show strength and resilience. T...

8 months ago - Business Wire

CrossCountry Consulting Appoints Risk Leader to Growing Board of Advisors

MCLEAN, Va.--(BUSINESS WIRE)--CrossCountry Consulting, a leading business advisory firm, today announced that risk leader Nick Silitch has joined the firm's Board of Advisors. Through this role, Silit...

8 months ago - Business Wire

CBIZ's 2024 State of Health Care Report Highlights Areas of Priority for Employer Benefit Plan Sponsors

CLEVELAND--(BUSINESS WIRE)--CBIZ (NYSE: CBZ), a leading national provider of insurance, financial and advisory services, released its second annual State of Health Care Report. This year's findings hi...

8 months ago - Business Wire

CBIZ Announces Honorees for Fourth Annual Women Transforming Business Awards

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading national provider of financial, insurance, and advisory services, has announced the honorees of its fourth annual Women Transforming Busin...

9 months ago - Business Wire

CBIZ ACQUIRES COMPUDATA, INC.

CLEVELAND , March 6, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today it has acquired technology solutions...

9 months ago - PRNewsWire

CBIZ (CBZ) CEO on Earnings, Mergers, & Acquisitions

CBIZ (CBZ) delivers top-level financial, benefits, and insurance services to organizations of all sizes. CEO Jerry Grisko joins Nicole Petallides to discuss CBIZ's 4Q earnings.

9 months ago - Schwab Network