CBRE Group (NYSE:CBG) updated its FY18 earnings guidance on Thursday. The company provided EPS guidance of $3.00-3.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.83.

Several research analysts have issued reports on the company. William Blair reaffirmed an outperform rating on shares of CBRE Group in a report on Friday, February 2nd. Zacks Investment Research raised CBRE Group from a hold rating to a buy rating and set a $51.00 price objective on the stock in a report on Wednesday, January 10th. Evercore ISI raised CBRE Group from an in-line rating to an outperform rating and set a $50.00 price objective on the stock in a report on Friday. Raymond James Financial assumed coverage on CBRE Group in a report on Tuesday. They set an outperform rating and a $55.00 price objective on the stock. Finally, Barclays upped their price objective on CBRE Group from $47.00 to $52.00 and gave the stock an overweight rating in a report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. CBRE Group currently has an average rating of Buy and an average target price of $45.50.

CBRE Group (NYSE:CBG) opened at $41.90 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.28 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $14,230.13, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 1.04 and a beta of 1.83. CBRE Group has a 1-year low of $30.86 and a 1-year high of $46.60.

CBRE Group (NYSE:CBG) last posted its quarterly earnings results on Thursday, February 8th. The financial services provider reported $0.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.06. The company had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $4.12 billion. CBRE Group had a return on equity of 25.03% and a net margin of 4.87%. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.93 EPS. equities analysts expect that CBRE Group will post 3.1 earnings per share for the current year.

In other news, Director Frederic V. Malek sold 6,900 shares of the stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $43.28, for a total value of $298,632.00. Following the transaction, the director now owns 267,446 shares of the company’s stock, valued at approximately $11,575,062.88. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Valueact Capital Master Fund, sold 882,206 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $42.84, for a total value of $37,793,705.04. The disclosure for this sale can be found here. In the last three months, insiders sold 2,960,687 shares of company stock worth $126,486,405. 1.00% of the stock is currently owned by company insiders.

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About CBRE Group

CBRE Group, Inc is a holding company that conducts all of its operations through its subsidiaries. The Company operates as a commercial real estate services and investment company. The Company operates through the segments: The Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management, and Development Services.

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