CBRE Group, Inc. (NYSE:CBG) traded with the volume of 2.61 Million Yesterday. The Stock Opened its session at $27.87 and closed at 27.27 by showing an decrease of -2.01 percent. CBRE Group, Inc. has 1 year price target of 34.57. The stock gained a consensus recommendation of 1.33 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Oct 27 BMO. The company reported its last quarter on Jun 16.
On Jun 16 CBRE Group, Inc. (NYSE:CBG) reported its EPS in the last quarter as $0.52/Share beating the analyst estimate of $0.51/Share by the difference of $0.01. This showed the surprise of 2% in the last quarter earnings. For the Current Quarter, 5 analyst are projecting the mean EPS to be $0.4/share. According to their observations and findings, the stock could provide a high EPS of $0.64/share and a Low EPS of $0.29/share.
The 7 analysts offering 12-month price forecasts for CBRE Group Inc have a median target of 35.00, with a high estimate of 40.00 and a low estimate of 31.00. The median estimate represents a +28.35% increase from the last price of 27.27. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of CBRE Group, Inc. where they believe that the company has the potential to earn average revenue of $3.29 Billion for the current quarter. According to their predictions High & Low revenue estimates are 3.4 Billion and 3.05 Billion respectively.
CBRE Group, Inc. (NYSE:CBG) topped its 52-week high price of $38.49 on Oct 29, 2015 and 52-Week Low Price of $22.74 on Feb 8, 2016. The Stock currently has the market capitalization of $9.34 Million, P/E (price to earnings ttm) of 17.26 and Weekly volatility of 2.30%% and monthly volatility of 2.44%% respectively.
CBRE Group, Inc. is currently showing 7.3% EPS growth this year. The Next Year EPS growth is 6.4%, Long term annual growth estimate of 11.83%, Annual EPS growth past 5 years of 19.04 percent. The Company currently has Insider ownership of 0.9 Percent and Institutional Ownership of 98.9 Percent. The Return on Assets stands at 5.3%, Return on Equity shows 19.5% and Return on Investment value is 7.2%.
CBRE Group, Inc. Gross Margin percentage stands at 31.2% while its Operating Margin for trailing twelve month is 5.9 percent and Profit margin (ttm) is 4.3 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -5.71% with the 50-Day Simple Moving Average of -5.71 percent. Currently, the company has SMA200 (200-day simple moving average) of -4.82 Percent. The Stock has YTD (year to date) performance of -21.14 percent.
Many research firms have provided their ratings on CBRE Group, Inc. (NYSE:CBG) where Wedbush provided Outperformrating on the stock on 6-Oct-16. Other firms include Keefe Bruyette giving Mkt Perform rating on 16-May-16.
In the past 6 months, 0 Insider purchases and 13 Insider Sales were made in which 261378 shares were exchanged as Insider Sales.
The latest Insider trade was made on 6 Sep 2016 where Lafitte (Michael J) Officer did a transaction type “Sell” in which 25000 shares were traded at a price of $29.9. Another insider trade includes General Counsel Midler (Laurence H) who also initiated a transaction in which 11867 shares were traded on 5 Sep 2016 as “Sell”.
CBRE Group, Inc is a commercial real estate services firm providing advisory services, capital markets services, valuation services to occupiers, owners, lenders, and investors in office, retail, industrial, multi-family, and other commercial real estate assets. The company also offers investment management services to pension plans, foundations, endowments and outsourcing services. CBRE Group, Inc, formerly known as CB Richard Ellis Group, Inc, is headquartered in Los Angeles, California.