CBRE Group (CBRE) AI Stock Analysis

• Market Cap: $42.65B
• Dividend Yield: N/A
• Average Volume (3M): 1.35M
• Price to Earnings (P/E): 43.7
• Beta (1Y): 1.11
• Revenue Growth: 13.14%
• EPS Growth: 1.70%
• Country: US
• Employees: 140,000
• Sector: Real Estate
• Sector Strength: 64
• Industry: Real Estate - Services
• EPS (TTM): 0.86
• Shares Outstanding: 298,104,860
• 10 Day Avg. Volume: 1,284,083
• 30 Day Avg. Volume: 1,347,739
• PEG Ratio: 10.18
• Price to Book (P/B): 5.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.31
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: 6.62
• Enterprise Value/Ebitda: 6.18
• 1Y Price Target: $149.71
• Price Target Upside: 4.64% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 76 Outperform
• Price Target: $160.00 ▲(11.83%Upside)

CBRE's overall stock score is driven by its strong financial performance and stable financial structure, supported by significant growth in key business segments. Technical indicators signal strong momentum, though nearing overbought conditions. High valuation metrics introduce potential risks, particularly if expected growth does not materialize. Recent corporate actions demonstrate strategic debt management, bolstering financial flexibility. Overall, the stock is positioned favorably within its industry, though macroeconomic uncertainties warrant caution.

Positive Factors

Earnings

Core EBITDA of $540 million showed growth of 30% year-over-year in local currency, with margins of 10.6%, roughly 10% above estimate and 7% above consensus.

Financial Performance

CBRE reported strong first-quarter results with net revenue of $5.1 billion, which was 17% up year-over-year in constant currency and 2% above estimate and consensus.

Negative Factors

Earnings Estimates

Investment sales are slightly lower, leading to a minor reduction in earnings estimates for future fiscal years.

Market Challenges

The stock has declined by 15% from recent highs, indicating recent market challenges.

CBRE Group Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

CBRE Group generates revenue through multiple streams within the commercial real estate sector. The company's primary revenue sources include leasing services, where CBRE acts as an intermediary between property owners and tenants; property management services, which involve the operational oversight and maintenance of real estate assets; and investment management, where CBRE manages real estate investments on behalf of clients, earning fees based on asset performance. Additionally, CBRE derives income from sales and leasing commissions, valuation services, project management fees, and development services. Key factors contributing to its earnings include a robust global network, strategic acquisitions to expand service capabilities, and a strong client base across various industries. CBRE also benefits from partnerships with financial institutions and technology firms, enhancing its service offerings and operational efficiency.

CBRE Group Financial Statement Overview

Summary

CBRE Group exhibits strong financial performance with robust revenue growth and profitability. The solid capital structure, characterized by moderate leverage and effective equity utilization, supports financial stability. Despite a slight decrease in free cash flow growth, the cash flow statement reflects impressive cash generation, showcasing resilient cash management practices.

Income Statement

CBRE Group's income statement shows a robust performance with a TTM total revenue of $36.74 billion, reflecting a steady revenue growth rate of 2.72% from the previous year. The gross profit margin stands at 19.86%, and the net profit margin is 2.74%, indicating efficient cost management. The EBIT margin is 4.04%, and the EBITDA margin is 5.54%, showing stable operating efficiency. Overall, the company exhibits consistent profitability and growth in a competitive industry.

Balance Sheet

The balance sheet highlights a solid capital structure with a debt-to-equity ratio of 0.46, reflecting moderate leverage and prudent financial management. The return on equity (ROE) is 12.13%, showcasing effective utilization of shareholder funds to generate profits. The equity ratio is 31.41%, indicating a balanced approach to financing with a healthy equity base. However, the increase in total debt over the recent period warrants monitoring.

Cash Flow

CBRE's cash flow statement reveals strong cash generation capabilities with an operating cash flow to net income ratio of 1.65, indicating robust operational efficiency. The free cash flow to net income ratio is 1.35, underscoring the company's ability to generate surplus cash after capital expenditures. Although the free cash flow experienced a slight decline of 3.07%, the solid cash flow ratios suggest resilient cash management practices.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	35.77B	31.95B	30.83B	27.75B	23.83B
Gross Profit	6.96B	6.27B	6.59B	6.17B	4.78B
EBITDA	1.97B	1.74B	1.94B	2.91B	1.47B
Net Income	968.00M	986.00M	1.41B	1.84B	751.99M
Balance Sheet
Total Assets	24.38B	22.55B	20.51B	22.07B	18.04B
Cash, Cash Equivalents and Short-Term Investments	1.11B	1.26B	1.32B	2.43B	1.90B
Total Debt	5.69B	4.83B	3.49B	4.20B	4.10B
Total Liabilities	15.19B	13.48B	11.91B	12.71B	10.92B
Stockholders Equity	8.41B	8.27B	7.85B	8.53B	7.08B
Cash Flow
Free Cash Flow	1.40B	175.00M	1.37B	2.15B	1.56B
Operating Cash Flow	1.71B	480.00M	1.63B	2.36B	1.83B
Investing Cash Flow	-1.51B	-681.00M	-832.46M	-1.28B	-341.58M
Financing Cash Flow	-221.00M	154.00M	-1.77B	-490.63M	-625.26M

CBRE Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 143.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CBRE, the sentiment is Positive. The current price of 143.07 is above the 20-day moving average (MA) of 140.11, above the 50-day MA of 133.44, and above the 200-day MA of 131.80, indicating a bullish trend. The MACD of 2.06 indicates Positive momentum. The RSI at 63.43 is Neutral, neither overbought nor oversold. The STOCH value of 73.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CBRE.

CBRE Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JLL	77 Outperform	$12.35B	23.52	8.16%	―	13.63%	78.40%
CBRE	76 Outperform	$42.65B	43.69	12.15%	―	13.14%	1.70%
BEKE	75 Outperform	$22.79B	36.55	6.53%	0.10%	34.99%	28.80%
CSGP	74 Outperform	$35.73B	295.79	1.30%	―	12.18%	-51.21%
CWK	74 Outperform	$2.68B	16.73	9.53%	―	1.24%	1205.18%
NMRK	60 Neutral	$2.42B	33.32	5.32%	0.92%	13.87%	90.42%
Sector *	59 Neutral	C$1.25B	-2.51	-8.19%	4.95%	10.84%	-23.78%

CBRE Group Corporate Events

CBRE Group Secures New Revolving Credit Agreements

On June 24, 2025, CBRE Group entered into two new revolving credit agreements: a 5-year senior unsecured revolving credit agreement with a facility of up to $3.5 billion and a 364-day senior unsecured revolving credit agreement with a facility of up to $1 billion, both facilitated by Wells Fargo. These agreements replace the previous revolving credit commitments and include various interest rate options based on the company’s credit ratings. The agreements are guaranteed by the company and its subsidiaries, and include financial covenants requiring the maintenance of a specified maximum leverage ratio. Additionally, an amendment was made to the Term Loan Credit Agreement to align its financial covenants with the new revolving credit agreements.

The most recent analyst rating on (CBRE) stock is a Buy with a $123.00 price target. To see the full list of analyst forecasts on CBRE Group stock, see the CBRE Stock Forecast page.

CBRE Group Redeems $600M Senior Notes

On May 28, 2025, CBRE Services, Inc., a wholly-owned subsidiary of CBRE Group, redeemed all of its outstanding $600 million 4.875% senior notes due 2026. This action discharged the obligations under these notes, potentially impacting the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (CBRE) stock is a Buy with a $163.00 price target. To see the full list of analyst forecasts on CBRE Group stock, see the CBRE Stock Forecast page.

CBRE Group Updates RSU Plan and Awards Bonus

On May 23, 2025, CBRE Group‘s Compensation Committee approved new forms of grant notices and restricted stock unit (RSU) award agreements under the Amended and Restated 2019 Equity Incentive Plan. The changes eliminate the forfeiture provision for RSUs in the event of termination due to death, disability, or retirement, allowing a pro-rated portion of RSUs to vest or remain eligible based on performance goals. Additionally, a one-time cash retention bonus of $1.45 million was awarded to Vikram Kohli, the company’s COO and CEO of Advisory Services, with specific repayment conditions. During the annual meeting on May 21, 2025, all ten directors were re-elected, KPMG LLP’s appointment as the independent registered public accounting firm was ratified, and executive compensation for 2024 was approved.

The most recent analyst rating on (CBRE) stock is a Hold with a $120.00 price target. To see the full list of analyst forecasts on CBRE Group stock, see the CBRE Stock Forecast page.

CBRE Group Issues $1.1 Billion in Senior Notes

On May 12, 2025, CBRE Services, Inc., a subsidiary of CBRE Group, completed the issuance of $1.1 billion in senior notes, with maturities in 2030 and 2035, to refinance existing debt and support general corporate purposes. This strategic move is expected to enhance CBRE’s financial flexibility and strengthen its market position by optimizing its debt structure, potentially benefiting stakeholders through improved operational efficiency.

The most recent analyst rating on (CBRE) stock is a Buy with a $163.00 price target. To see the full list of analyst forecasts on CBRE Group stock, see the CBRE Stock Forecast page.