CBRE Group (NYSE:CBRE) Posts Earnings Results, Beats Expectations By $0.12 EPS

CBRE Group (NYSE:CBRE) announced its quarterly earnings data on Thursday. The financial services provider reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.12, Zacks reports. CBRE Group had a net margin of 2.79% and a return on equity of 13.91%. CBRE Group updated its FY 2025 guidance to 5.800-6.100 EPS.

CBRE Group Price Performance

Shares of CBRE Group stock traded up $1.42 during trading hours on Friday, reaching $144.55. The stock had a trading volume of 439,667 shares, compared to its average volume of 1,818,267. The stock’s 50 day moving average is $135.96 and its 200 day moving average is $127.36. The firm has a market capitalization of $44.23 billion, a PE ratio of 46.48 and a beta of 1.39. CBRE Group has a twelve month low of $84.24 and a twelve month high of $147.75. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.34.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CBRE. Citigroup boosted their price objective on shares of CBRE Group from $130.00 to $160.00 and gave the company a “buy” rating in a report on Monday, November 25th. Jefferies Financial Group upgraded shares of CBRE Group from a “hold” rating to a “buy” rating and boosted their target price for the company from $133.00 to $152.00 in a research report on Thursday, January 2nd. Morgan Stanley upgraded shares of CBRE Group from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $115.00 to $160.00 in a research report on Wednesday, January 15th. Raymond James downgraded shares of CBRE Group from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $155.00 to $152.00 in a research report on Friday, January 24th. Finally, The Goldman Sachs Group initiated coverage on shares of CBRE Group in a research report on Friday, December 6th. They set a “buy” rating and a $176.00 target price for the company. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $148.56.

CBRE Group Company Profile

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 management services, such as marketing, building engineering, accounting, and financial services on a contractual basis 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.