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Tuesday, June 6, 2023

This Is Too Hot For CBRE Group Inc. (NYSE: CBRE), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for CBRE Group Inc. (CBRE) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.30, or -0.41%, to $72.80. The CBRE Group Inc. has recorded 41,844 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that MainStay CBRE Global Infrastructure Megatrends Fund (NYSE: MEGI) Declares Monthly Distribution for May 2023 and Availability of 19(a) Notice.

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Stocks Info

As a NYSE listed company, CBRE falls under the Real Estate sector while operating within the Real Estate Services industry segment. At the end of the last regular session, the stock closed at $73.10 and fluctuated between $74.22 as its day high and $72.62 as its day low. The current market capitalization of CBRE Group Inc. is $22.89B. A total of 1.32 million shares were traded on the day, compared to an average of 1.80M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CBRE has seen 9 BUY and 27 SELL insider trades, representing the acquisition of 196,514 and the disposition of 186,085 shares. Over the last 12 months, there were 34 BUYs and 38 SELLs from insiders. Insiders purchased 561,976 shares during that period but sold 224,673.

In the most recent transaction, Queenan Daniel G sold 5,000 shares of CBRE for 80.08 per share on Dec 01. After the transaction, the CEO, Real Estate Investments now owns 178,841 company shares. In a previous transaction on Sep 01, Queenan Daniel G sold 5,000 shares at 78.26 per share. CBRE shares that CEO, Real Estate Investments owns now total 183,841.

Among the insiders who sold shares, Giamartino Emma E. disposed of 517 shares on Aug 30 at a per-share price of $79.77. This resulted in the insider holding 21,737 shares of CBRE after the transaction. In another insider transaction, Queenan Daniel G sold 5,000 shares at $83.16 per share on Jun 01. Company shares held by the CEO, Real Estate Investments now total 188,841.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. CBRE’s most recent ex-dividend date was when it declared a $0.25 quarterly dividend that was paid in cash on 5/22/2018.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CBRE in the last 3 months, the mean price target is $87.38 with high estimates of $101.00 and low estimates of $80.00. In terms of 52-week highs and lows, CBRE has a high of $89.58 and a low of $66.31.

As of this writing, CBRE has an earnings estimate of $0.93 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.02 per share and a lower estimate of $0.8. The company reported an EPS of $1.33 in the last quarter, which was 12.70% higher than expectations of $1.18.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CBRE’s latest balance sheet shows that the firm has $2.43B in Cash & Short Term Investments as of fiscal 2021. There were $4.20B in debt and $8.15B in liabilities at the time. Its Book Value Per Share was $25.32, while its Total Shareholder’s Equity was $9.36B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CBRE is Buy with a score of 4.33.

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