CBRE Group, Inc.
(CBRE)
91.27 USD -0.18
Closed: 17 May, 3:55 pm
Symbol CBRE
Market Cap 28B
Price 91.27
Open 91.87
52-wk High 98.65
50 Day Avg 91.05
Earnings Announcement 2024-07-25
Website https://www.cbre.com
Name CBRE Group, Inc.
Shares Outstanding 306,824,000
Change % -0.8474%
Low 90.86
52-wk Low 64.63
200 Day Avg 84.21
Last Dividend 1.50
Exchange NYSE
Volume 1,407,488
Previous Close 92.05
High 92.08
EPS 3.19
PE 28.61
Avg Volume 1,656,045
CUSIP 12504L109
CBRE Group, Inc. Outlook
Description 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, accounting, and financial services for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment offers facilities management, project management, and transaction management services. The Real Estate Investments segment provides investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; development services under the Trammell Crow Company brand primarily to users of and investors in commercial real estate; and flexible-space solutions under the CBRE Hana brand. The company was founded in 1906 and is headquartered in Dallas, Texas.
Currency USD
ISIN US12504L1098
Industry Real Estate - Services
Changes -0.78
CUSIP 12504L109
Range 64.63 - 98.65
Beta 1.44
CIK 0001138118

CBRE Group, Inc. News

16-May-2024 6:30 AM

EV+ Partners with CBRE to Expand EV Charging Network

Companies are focused on properties where electric vehicle drivers most often want to charge: multifamily complexes, hotels, hospitals and healthcare-related facilities DALLAS , May 16, 2024 /PRNewswire/ -- EV+, a provider of on-site, electric vehicle charging infrastructure solutions, today announced a preferred partner agreement with CBRE to deploy electric vehicle charging systems at 10,000 U.S. commercial properties over the next five years. The companies are focused on EV-enabling real estate where drivers most need charging stations --multifamily complexes, hotels and healthcare-related facilities, all of which have been critically underserved to date.

14-May-2024 9:00 AM

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 common share. The Fund's current annualized distribution rate is 11.38% based upon the closing price of $13.18 on May 10, 2024, and 9.91% based upon the Fund's closing NAV of $15.13 as of the same date.

07-May-2024 1:01 AM

Investing in CBRE (CBRE)? Don't Miss Assessing Its International Revenue Trends

Explore how CBRE's (CBRE) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

06-May-2024 9:00 AM

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 Financial Planning & Analysis. Ms. Luthra will join CBRE from Goldman Sachs & Company, where she has worked as an equity research analyst for nearly 15 years and most recently led research coverage of 15 commercial real estate companies, including CBRE. “Chandni's deep knowledge of our sector.

03-May-2024 8:31 PM

Compared to Estimates, CBRE (CBRE) Q1 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for CBRE (CBRE) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

03-May-2024 1:21 PM

CBRE Group (CBRE) Beats Q1 Earnings, Reaffirms 2024 Outlook

CBRE Group's (CBRE) Q1 results reflect the benefits of diversification and the expansion of its resilient business in recent years despite the challenging macro environment.

03-May-2024 9:05 AM

CBRE Group (CBRE) Tops Q1 Earnings Estimates

CBRE Group (CBRE) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.92 per share a year ago.

03-May-2024 6:55 AM

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 highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding):           % Change   Q1 2024   Q1 2023   USD   LC (1) Operating Results               Revenue $ 7,935     $ 7,411     7.1 %   6.9 % Net revenue (2)   4,444       4,181     6.3 %   6.1 %.

02-May-2024 9:31 AM

Is a Surprise Coming for CBRE Group (CBRE) This Earnings Season?

CBRE Group (CBRE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

30-Apr-2024 10:20 AM

CBRE (CBRE) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Besides Wall Street's top -and-bottom-line estimates for CBRE (CBRE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

29-Apr-2024 1:47 PM

Is a Beat in Store for CBRE Group (CBRE) in Q1 Earnings?

A focus on resilient business and diversification across property types, lines of business, geographic markets and clients and disciplined expense management are likely to aid CBRE Group's (CBRE) Q1 results.