CBRE Group Inc (NYSE: CBRE) is -5.89% lower on its value in year-to-date trading and has touched a low of $82.75 and a high of $142.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CBRE stock was last observed hovering at around $123.67 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $123.56, the stock is -5.70% and -7.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing -0.09% at the moment leaves the stock 12.12% off its SMA200. CBRE registered 42.60% gain for a year compared to 6-month gain of 30.54%. The firm has a 50-day simple moving average (SMA 50) of $133.4828 and a 200-day simple moving average (SMA200) of $110.06455.
The stock witnessed a -9.07% loss in the last 1 month and extending the period to 3 months gives it a 3.39%, and is -6.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.18% over the week and 2.64% over the month.
CBRE Group Inc (CBRE) has around 130000 employees, a market worth around $37.81B and $34.31B in sales. Current P/E ratio is 39.77 and Fwd P/E is 20.12. Profit margin for the company is 2.79%. Distance from 52-week low is 49.32% and -12.99% from its 52-week high. The company has generated returns on investments over the last 12 months (7.22%).
with sales reaching $10.24B over the same period.The EPS is expected to grow by 30.49% this year, but quarterly earnings will post 11.29% year-over-year. Quarterly sales are estimated to grow 14.46% in year-over-year returns.
CBRE Group Inc (CBRE) Top Institutional Holders
1253.0 institutions hold shares in CBRE Group Inc (CBRE), with institutional investors hold 98.91% of the company’s shares. The shares outstanding are 306.01M, and float is at 303.96M with Short Float at 1.79%. Institutions hold 98.37% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 48.42 million shares valued at $4.31 billion. The investor’s holdings represent 15.8336% of the CBRE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 29.48 million shares valued at $2.63 billion to account for 9.6407 of the shares outstanding. The other top investors are HARRIS ASSOCIATES L P which holds 15.96 million shares representing 5.2182% and valued at over $1.42 billion, while STATE STREET CORP holds 4.1663 of the shares totaling 12.74 million with a market value of $1.14 billion.
CBRE Group Inc (CBRE) Insider Activity
The most recent transaction is an insider sale by Queenan Daniel G, the company’s CEO, Real Estate Investments. SEC filings show that Queenan Daniel G sold 10,000 shares of the company’s common stock on Dec 02 ’24 at a price of $140.12 per share for a total of $1.4 million. Following the sale, the insider now owns 0.21 million shares.
Still, SEC filings show that on Nov 15 ’24, Giamartino Emma E. (Chief Financial Officer) disposed off 1,815 shares at an average price of $131.34 for $0.24 million. The insider now directly holds 70,154 shares of CBRE Group Inc (CBRE).
