What Are The Chances Of CBRE Group Inc (NYSE: CBRE) Becoming A Clear Buy?

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. The stock was recently discussed on Yahoo Finance as it revealed that Momentum Growing for Use of Building Performance Standards To Support Commercial Real Estate Decarbonization.

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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 $87.41 and fluctuated between $87.82 as its day high and $85.30 as its day low. The current market capitalization of CBRE Group Inc is $26.64B. A total of 1.32 million shares were traded on the day, compared to an average of 1.74M 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 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,064 shares. Over the last 12 months, there were 31 BUYs and 42 SELLs from insiders. Insiders purchased 561,015 shares during that period but sold 4,821,194.

In the most recent transaction, Giamartino Emma E. sold 1,064 shares of CBRE for 76.53 per share on Nov 14. After the transaction, the Chief Financial Officer now owns 53,685 company shares. In a previous transaction on Aug 29, Boze Brandon B sold 1,200,000 shares at 84.41 per share. CBRE shares that Director owns now total 4,637,748.

Among the insiders who sold shares, Dhandapani Chandra disposed of 6,551 shares on Aug 11 at a per-share price of $84.10. This resulted in the CEO, GWS holding 126,644 shares of CBRE after the transaction. In another insider transaction, Caplan Lindsey S sold 260 shares at $83.00 per share on Aug 03. Company shares held by the Chief Accounting Officer now total 11,106.

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 $93.86 with high estimates of $105.00 and low estimates of $85.00. In terms of 52-week highs and lows, CBRE has a high of $94.27 and a low of $64.63.

As of this writing, CBRE has an earnings estimate of $1.2 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.35 per share and a lower estimate of $1.12. The company reported an EPS of $0.82 in the last quarter, which was 7.90% higher than expectations of $0.76.

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 $8.42B in liabilities at the time. Its Book Value Per Share was $25.21, 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 3.86.

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