CBRE Group Inc (NYSE: CBRE) is 8.39% higher on its value in year-to-date trading and has touched a low of $84.24 and a high of $147.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CBRE stock was last observed hovering at around $139.59 in the last trading session, with the day’s gains setting it 2.71%.
Currently trading at $142.30, the stock is 0.42% and 3.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing 1.94% at the moment leaves the stock 19.42% off its SMA200. CBRE registered 53.04% gain for a year compared to 6-month gain of 23.59%.
The stock witnessed a -0.19% loss in the last 1 month and extending the period to 3 months gives it a 1.65%, and is 1.15% up 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 2.76% over the week and 2.73% over the month.
CBRE Group Inc (CBRE) has around 140000 employees, a market worth around $42.70B and $35.77B in sales. Current P/E ratio is 45.25 and Fwd P/E is 19.74. Profit margin for the company is 2.71%. Distance from 52-week low is 68.92% and -3.69% from its 52-week high. The company has generated returns on investments over the last 12 months (7.40%).
The EPS is expected to grow by 18.64% this year
The shares outstanding are 302.05M, and float is at 297.75M with Short Float at 1.88%.
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 5.2022 and valued at over $1.42 billion, while STATE STREET CORP holds 4.1536 of the shares totaling 12.74 million with a market value of $1.14 billion.
CBRE Group Inc (CBRE) Insider Activity
A total of 0 insider transactions have happened at CBRE Group Inc (CBRE) in the last six months, with sales accounting for 0 and purchases happening 0 times.
CBRE Group Inc disclosed in a document filed with the SEC on Dec 02 ’24 that Queenan Daniel G (CEO, Real Estate Investments) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $140.12 per share for $1.4 million. Following the transaction, the insider now directly holds 0.21 million shares of the CBRE stock.
Still, SEC filings show that on Dec 02 ’24, Queenan Daniel G (Officer) Proposed Sale 10,000 shares at an average price of $140.12 for $1.4 million. The insider now directly holds shares of CBRE Group Inc (CBRE).
CBRE Group Inc (CBRE): Who are the competitors?
One of the company’s main competitors (and peers) include Brookfield Corp. (BN) that is trading 32.73% up over the past 12 months.Jones Lang LaSalle Inc. (JLL) lies in the list of competitors of the CBRE Group Inc and is 44.38% higher over the same period from CBREKBR Inc. (KBR) is -18.71% down on the 1-year trading charts.
