CBRE Group (NYSE:CBRE – Get Free Report) issued its earnings results on Thursday. The financial services provider reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.96 by $0.09, Zacks reports. The firm had revenue of $11.52 billion for the quarter, compared to analysts’ expectations of $11.81 billion. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%. The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.61 earnings per share.
Here are the key takeaways from CBRE Group’s conference call:
- Core EPS rose 28% year over year on 13% revenue growth, with both resilient and transactional businesses delivering double-digit gains.
- Infrastructure services remained the key growth engine: critical infrastructure services revenue increased 80%, and total infrastructure services revenue is expected to reach nearly $7 billion in 2027, up more than 40% from 2026.
- Higher and volatile interest rates are weighing on real estate capital markets, leading to retraded or delayed transactions and expected pressure across investment sales, mortgage origination, development, and investment management through at least the first half of 2027.
- CBRE maintained its 2026 core EPS guidance of $7.80–$7.90, expects a path to 15% core EPS growth in 2027, and remains on track for 75%–85% free-cash-flow conversion with slightly above one turn of net leverage.
- Two problematic enterprise facilities-management accounts are being restructured, creating downward pressure on fourth-quarter earnings, while weaker corporate real estate capital spending also tempered project-management growth.
CBRE Group Price Performance
Shares of CBRE opened at $131.47 on Thursday. The stock has a market capitalization of $38.07 billion, a P/E ratio of 30.21 and a beta of 1.23. CBRE Group has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a 50 day moving average of $139.87 and a 200-day moving average of $139.55. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.66.
Insider Transactions at CBRE Group
In other CBRE Group news, CFO Emma Giamartino sold 2,250 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $333,652.50. Following the sale, the chief financial officer directly owned 108,479 shares of the company’s stock, valued at $16,086,350.91. The trade was a 2.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $150.00, for a total transaction of $399,900.00. Following the sale, the chief executive officer directly owned 134,869 shares in the company, valued at $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,144 shares of company stock valued at $767,363 over the last 90 days. 0.46% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. Barclays lifted their price objective on shares of CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Evercore reaffirmed an “outperform” rating and issued a $175.00 target price on shares of CBRE Group in a research note on Thursday, July 30th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. UBS Group boosted their price target on shares of CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of CBRE Group from $174.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, October 9th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $178.40.
Check Out Our Latest Analysis on CBRE Group
About CBRE Group
CBRE Group, Inc (NYSE:CBRE) is a global commercial real estate services and investment firm. The company provides advisory, transaction, property management, facilities management, project management, valuation, and consulting services to corporate, institutional, and other real estate clients.
Its businesses support the acquisition, development, leasing, operation, and disposition of commercial properties across sectors such as office, industrial and logistics, retail, multifamily, hospitality, and data centers.
Featured Stories
- Five stocks we like better than CBRE Group
- There’s a New Q in Town: Invesco’s ETF Targets International Innovators
- Boarding Now—GE Aerospace’s Earnings Beat Comes With a Catch
- AI Spending Is Surging—But Which Stocks Still Win if It Slows Down?
- Are RTX Corporation and Northrop Grumman Ready to Break Out?
Receive News & Ratings for CBRE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Group and related companies with MarketBeat.com's FREE daily email newsletter.
