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CBRE Group Inc Stock Research

CBRE

76.87USD-1.22(-1.56%)Delayedas of 21 Sep 2023, 10:11 am
Watchlist

Market Summary

USD76.87-1.22
Delayedas of 21 Sep 2023, 10:11 am
-1.56%

CBRE Alerts

  • 2 major insider sales recently.
  • Big fall in earnings (Y/Y)

CBRE Stock Price

CBRE RSI Chart

CBRE Valuation

Market Cap

24.3B

Price/Earnings (Trailing)

28.69

Price/Sales (Trailing)

0.79

EV/EBITDA

14.58

Price/Free Cashflow

47.22

CBRE Price/Sales (Trailing)

CBRE Profitability

Operating Margin

20.75%

EBT Margin

4.59%

Return on Equity

14.4%

Return on Assets

5.38%

Free Cashflow Yield

2.12%

CBRE Fundamentals

CBRE Revenue

Revenue (TTM)

30.9B

Revenue Y/Y

-0.66%

Revenue Q/Q

4.17%

CBRE Earnings

Earnings (TTM)

846.0M

Earnings Y/Y

-58.67%

Earnings Q/Q

72.3%

Price Action

52 Week Range

66.3189.58
(Low)(High)

Last 7 days

-1.2%

Last 30 days

-4.2%

Last 90 days

2.4%

Trailing 12 Months

4.2%

CBRE Financial Health

Current Ratio

1.04

CBRE Investor Care

Buy Backs (1Y)

4.47%

Diluted EPS (TTM)

2.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for CBRE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-29
Boze Brandon B
sold
-101,292,000
84.41
-1,200,000
-
2023-08-11
Dhandapani Chandra
gifted
-
-
-3,683
ceo, gws
2023-08-11
Dhandapani Chandra
sold
-550,950
84.1016
-6,551
ceo, gws
2023-08-03
Caplan Lindsey S
sold
-21,580
83.00
-260
chief accounting officer
2023-08-02
Caplan Lindsey S
sold
-108,419
83.08
-1,305
chief accounting officer
2023-08-01
Boze Brandon B
sold
-274,720,000
80.8
-3,400,000
-
2023-06-01
Giamartino Emma E.
sold (taxes)
-18,079
75.02
-241
chief financial officer
2023-05-30
Dhandapani Chandra
sold
-498,726
75.3818
-6,616
ceo, gws
2023-05-19
Dhandapani Chandra
sold (taxes)
-22,179
77.28
-287
ceo, gws
2023-05-17
Meaney Susan
acquired
-
-
2,919
-

1–10 of 50

Which funds bought or sold CBRE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
0.45
9,259
90,879
0.02%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
135
1,373
-%
2023-09-05
Covenant Partners, LLC
unchanged
-
23,581
240,919
0.09%
2023-08-24
ProVise Management Group, LLC
new
-
214,204
214,204
0.02%
2023-08-24
Alberta Investment Management Corp
unchanged
-
36,340
371,266
-%
2023-08-23
WOLVERINE TRADING, LLC
added
15.53
350,053
1,481,050
-%
2023-08-23
CTC Alternative Strategies, Ltd.
new
-
265,132
265,132
0.33%
2023-08-23
Rehmann Capital Advisory Group
reduced
-2.96
31,657
449,877
0.04%
2023-08-22
Union Heritage Capital, LLC
new
-
1,211,000
1,211,000
0.66%
2023-08-22
COMERICA BANK
new
-
1,000
1,000
-%

1–10 of 47

Latest Funds Activity

Are funds buying CBRE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CBRE
No. of Funds

Schedule 13G FIlings of CBRE Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
16.10%
50,854,197
SC 13G/A
Jan 24, 2023
blackrock inc.
9.7%
30,578,426
SC 13G/A
Feb 09, 2022
vanguard group inc
15.63%
52,322,773
SC 13G/A
Feb 03, 2022
blackrock inc.
9.6%
32,252,499
SC 13G/A
Jul 12, 2021
blackrock inc.
10.0%
33,590,510
SC 13G/A
Feb 10, 2021
vanguard group inc
15.09%
50,620,625
SC 13G/A
Jan 29, 2021
blackrock inc.
8.4%
28,302,346
SC 13G/A
Feb 11, 2020
vanguard group inc
15.82%
52,978,151
SC 13G/A
Feb 05, 2020
blackrock inc.
8.0%
26,810,046
SC 13G/A

Recent SEC filings of CBRE Group

View All Filings
Date Filed Form Type Document
Aug 31, 2023
4
Insider Trading
Aug 29, 2023
144
Notice of Insider Sale Intent
Aug 14, 2023
144
Notice of Insider Sale Intent
Aug 14, 2023
4
Insider Trading
Aug 11, 2023
144
Notice of Insider Sale Intent
Aug 04, 2023
144
Notice of Insider Sale Intent
Aug 04, 2023
4
Insider Trading
Aug 03, 2023
144
Notice of Insider Sale Intent
Aug 03, 2023
4
Insider Trading
Aug 02, 2023
144
Notice of Insider Sale Intent

CBRE Fair Value

Loading...

Peers (Alternatives to CBRE Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.1B
4.4B
-0.64% -17.74%
11.24
10.95
14.80% 87.79%
38.3B
5.1B
5.88% 19.36%
89.57
7.47
13.73% -68.04%
24.3B
30.9B
-4.17% 4.15%
28.69
0.79
1.32% -57.85%
20.8B
2.3B
3.32% -4.19%
47.46
8.89
10.35% 26.08%
13.7B
1.7B
0.41% -21.12%
18.15
8.21
19.60% 44.13%
MID-CAP
7.2B
20.6B
-6.23% -5.28%
23.48
0.35
-1.74% -69.11%
2.2B
804.9M
3.48% -5.77%
27
2.73
115.14% -47.79%
1.8B
9.8B
-9.56% -40.13%
-103.76
0.19
-3.37% -104.93%
SMALL-CAP
1.4B
1.3B
-3.13% 126.62%
9.39
1.08
-18.50% -15.52%
1.2B
2.4B
0.45% -32.65%
38.65
0.5
-25.81% -90.68%
922.9M
1.7B
-8.06% 15.71%
-3.84
0.55
-21.04% -11.84%
439.5M
1.7M
-0.84% 4.31%
30.93
257.73
1166.34% 96.77%
376.7M
96.4M
0.91% -16.67%
-153.43
3.91
23.68% -108.99%
158.9M
-
- -
-1.46
16.59
-83.74% -201263.61%
25.1M
5.7M
59.82% -22.99%
-1.69
4.44
8.95% 31.98%

CBRE Group News

Benzinga
Facility Management Services Market Trends, Growth Statistics, Size, Share, Revenue and Forecast 2031.
Benzinga,
107 minutes ago
Marketscreener.com

Returns for CBRE

Cumulative Returns on CBRE

12.6%


10-Year Cumulative Returns

15.4%


7-Year Cumulative Returns

11.4%


5-Year Cumulative Returns

17.2%


3-Year Cumulative Returns

Risks for CBRE

What is the probability of a big loss on CBRE?

71.5%


Probability that CBRE Group stock will be more than 20% underwater in next one year

33.5%


Probability that CBRE Group stock will be more than 30% underwater in next one year.

18.5%


Probability that CBRE Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CBRE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CBRE Group was unfortunately bought at previous high price.

Drawdowns

Financials for CBRE Group

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-0.2%30,855,012,00030,906,427,00030,828,246,00031,183,974,00030,452,755,00029,140,090,00027,746,036,00026,106,320,00024,953,135,00023,875,906,00023,826,195,00024,035,101,00024,315,060,00024,647,749,00023,894,091,00023,068,432,00022,404,285,00021,801,646,00021,340,088,00020,545,994,00019,923,636,000
Operating Expenses-----------------3,477,529,0003,426,414,0003,365,773,0003,252,131,0003,097,996,000
EBITDA-100.0%-1,959,725,0002,202,279,0003,063,593,0003,028,722,0002,956,403,0002,884,940,0002,359,438,0002,021,581,0001,538,730,0001,403,944,0001,502,044,0001,569,481,0001,737,970,0001,714,815,000------
EBITDA Margin-100.0%-0.060.070.100.100.100.100.090.080.060.060.060.060.07-------
Interest Expenses-28.9%-109,051,000-84,587,000-68,999,000-66,737,000-57,818,000-53,072,000-50,352,000-50,874,000-57,665,000-61,843,000-67,753,000-69,911,000-73,928,000-80,578,000-85,754,000-90,270,000-93,844,000-94,640,000-98,685,000-252,842,000-192,939,000
Earnings Before Taxes-24.6%1,069,644,0001,418,765,0001,658,190,0002,514,659,0002,490,441,0002,456,650,0002,409,421,0001,902,760,0001,566,533,0001,090,561,000969,969,0001,098,690,0001,186,309,0001,371,353,0001,361,345,0001,318,299,0001,383,430,0001,397,421,0001,379,006,0001,311,380,0001,201,932,000
EBT Margin-100.0%-0.050.050.080.080.080.090.070.060.050.040.050.050.06-------
Net Income-25.3%846,046,0001,131,965,0001,407,370,0002,018,250,0002,007,354,0001,962,669,0001,836,574,0001,458,347,0001,206,736,000845,996,000751,989,0001,075,842,0001,148,309,0001,290,143,0001,282,357,0001,038,534,0001,072,404,0001,077,340,0001,063,219,000828,648,000737,267,000
Net Income Margin-100.0%-0.040.050.060.070.070.070.060.050.040.030.040.050.05-------
Free Cashflow-100.0%-999,470,0001,368,948,0001,729,428,0001,967,347,0001,941,809,0002,154,327,0001,943,104,0001,843,464,0001,532,173,0001,564,204,0001,585,796,0001,219,286,0001,179,092,000929,866,000------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets3.3%21,73221,03020,51320,21520,43921,14322,07319,73018,45817,24918,03916,34715,70015,68016,19715,04114,71914,69313,45712,97712,535
  Current Assets4.7%9,4709,0468,5298,5908,8729,33410,08210,0758,8877,9068,8467,7717,1897,2647,5347,0596,8856,9976,7546,3786,107
    Cash Equivalents2.4%1,2611,2311,3181,1251,3311,7932,5402,8762,2572,0022,0391,6471,3146281,094577536605864550531
  Net PPE1.9%849833836768779793816723742774815818825801836782746730722702705
  Goodwill2.2%5,0444,9344,8684,6614,7954,9774,9953,8753,8923,8053,8223,7443,6963,6743,75331.003,6643,6643,6523,6433,407
Liabilities3.6%12,83812,38811,90811,57611,54411,86012,71411,33010,3359,59310,5339,7539,4159,5119,9249,4829,3299,4898,4478,2058,019
  Current Liabilities-6.5%8,1538,7178,2427,7567,6247,7908,4197,4366,3985,7737,1446,1525,8536,0656,4366,0285,8876,0105,8035,4865,381
  Short Term Borrowings------------1,1971,2101,2649821,4051,5801,8971,3291,7212,070
    LT Debt, Current0.6%436433428-----1.001.002.002.002.002.002.002.002.003.003.004.001.00
    LT Debt, Non Current89.6%2,0601,0861,0861,4771,5031,5261,5381,8441,8541,8481,3801,7831,7631,7551,7611,7481,7671,7601,7671,7601,763
Shareholder's Equity-6.3%8,0988,6427,8537,9368,8959,2839,3597,9987,7217,2717,1206,5946,2856,1706,2735,5595,3915,2045,0104,7724,517
  Retained Earnings2.3%9,0118,8108,8339,1569,0848,7598,3677,6757,2396,7966,5306,2166,0325,9505,7935,1564,8994,6754,5054,1113,820
  Additional Paid-In Capital-13.00----4097999391,0021,0131,0751,0651,0471,0271,1161,1401,1621,1271,1491,2781,278
Accumulated Depreciation4.8%1,5291,4591,3861,3091,3521,3311,2891,232--1,075----------
Shares Outstanding0.0%311311311317325332333335336336336335335335335336336336337339339
Minority Interest1.7%79678375270475981383136.0041.0041.0042.0041.0041.0040.0040.0047.0044.0011571.0059.0063.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-36.4%8131,2781,6291,9792,1982,1642,3642,1412,0341,7661,8311,9391,5411,4871,2238049309891,1311,011920
  Share Based Compensation-39.0%78.00127160-165147185---60.00---128130132128128121106
Cashflow From Investing-2.5%-872-851-832-1,329-1,265-1,182-1,280-1,093-952-845-744-655-708-739-721-378-332-570-560-618-585
Cashflow From Financing108.7%69.00-796-1,766-1,978-1,630-1,101-490193-202281-222-361-99.05-673-271-345-586-387-506-773-331
  Buy Backs-51.5%5761,1871,8501,1601,16055036963.0067.0066.0050.0010610910814521323022918928.0032.00

CBRE Income Statement

2023-06-30
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenue$ 7,719,863$ 7,771,278$ 15,130,977$ 15,104,211
Costs and expenses:    
Cost of revenue6,179,4966,053,98412,185,91011,806,178
Operating, administrative and other1,088,8121,188,8192,297,7162,254,815
Depreciation and amortization154,387162,359315,878311,391
Asset impairments026,405036,756
Total costs and expenses7,422,6957,431,56714,799,50414,409,140
Gain on disposition of real estate9,261177,22612,321198,818
Operating income306,429516,937343,794893,889
Equity (loss) income from unconsolidated subsidiaries(7,502)119,168134,181162,039
Other income (loss)5,612(6,909)8,086(21,373)
Interest expense, net of interest income42,98218,51871,39631,344
Income before provision for income taxes261,557610,678414,6651,003,211
Provision for income taxes55,404120,76283,439117,024
Net income206,153489,916331,226886,187
Less: Net income attributable to non-controlling interests4,7502,59412,9316,568
Net income attributable to CBRE Group, Inc.$ 201,403$ 487,322$ 318,295$ 879,619
Basic income per share:    
Net income per share attributable to CBRE Group, Inc. (in dollars per share)$ 0.65$ 1.50$ 1.02$ 2.68
Weighted average shares outstanding for basic income per share (in shares)310,857,203325,415,305310,662,324328,692,585
Diluted income per share:    
Net income per share attributable to CBRE Group, Inc. (in dollars per share)$ 0.64$ 1.48$ 1.01$ 2.64
Weighted average shares outstanding for diluted income per share (in shares)314,282,247329,843,710314,821,615333,514,398

CBRE Balance Sheet

2023-06-30
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 1,261,174$ 1,318,290
Restricted cash96,15286,559
Receivables, less allowance for doubtful accounts of $96,764 and $92,354 at June 30, 2023 and December 31, 2022, respectively5,552,6925,326,807
Warehouse receivables1,009,770455,354
Contract assets369,652391,626
Prepaid expenses352,678311,508
Income taxes receivable192,59381,528
Other current assets634,997557,009
Total Current Assets9,469,7088,528,681
Property and equipment, net of accumulated depreciation and amortization of $1,529,028 and $1,386,261 at June 30, 2023 and December 31, 2022, respectively848,852836,041
Goodwill5,043,7084,868,382
Other intangible assets, net of accumulated amortization of $2,062,216 and $1,915,725 at June 30, 2023 and December 31, 2022, respectively2,129,9152,192,706
Operating lease assets983,7821,033,011
Investments in unconsolidated subsidiaries (with $944,505 and $973,635 at fair value at June 30, 2023 and December 31, 2022, respectively)1,306,7691,317,705
Non-current contract assets140,336137,480
Real estate under development212,554172,253
Non-current income taxes receivable65,81551,910
Deferred tax assets, net306,430265,554
Other assets, net1,224,1981,109,666
Total Assets21,732,06720,513,389
Current Liabilities:  
Accounts payable and accrued expenses2,886,2033,078,781
Compensation and employee benefits payable1,365,9631,459,001
Accrued bonus and profit sharing1,013,5541,691,118
Operating lease liabilities242,824229,591
Contract liabilities263,703276,334
Income taxes payable168,702184,453
Short-term borrowings:  
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase)997,235447,840
Revolving credit facility583,000178,000
Other short-term borrowings6,19942,914
Total short-term borrowings1,586,434668,754
Current maturities of long-term debt436,205427,792
Other current liabilities189,452226,170
Total Current Liabilities8,153,0408,241,994
Long-term debt, net of current maturities2,059,7971,085,712
Non-current operating lease liabilities1,051,3411,080,385
Non-current income taxes payable30,42854,761
Non-current tax liabilities138,668148,806
Deferred tax liabilities, net280,033282,073
Other liabilities1,125,1231,013,926
Total Liabilities12,838,43011,907,657
Commitments and contingencies00
CBRE Group, Inc. Stockholders’ Equity:  
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 310,876,434 and 311,014,160 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively3,1093,110
Additional paid-in capital12,5100
Accumulated earnings9,011,2278,832,943
Accumulated other comprehensive loss(928,788)(982,780)
Total CBRE Group, Inc. Stockholders’ Equity8,098,0587,853,273
Non-controlling interests795,579752,459
Total Equity8,893,6378,605,732
Total Liabilities and Equity$ 21,732,067$ 20,513,389
Robert E. Sulentic
65535
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; property sales and mortgage services under the CBRE Capital Markets brand; property and project management services, including construction management, marketing, building engineering, accounting, and financial services for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment offers facilities management, project management, and transaction management services. The Real Estate Investments segment provides investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; development services under the Trammell Crow Company brand primarily to users of and investors in commercial real estate; and flexible-space solutions under the CBRE Hana brand. The company was founded in 1906 and is headquartered in Dallas, Texas.