CBRE Group (CBRE) AI Stock Analysis

• Market Cap: $45.67B
• Dividend Yield: N/A
• Average Volume (3M): 1.53M
• Price to Earnings (P/E): 43.0
• Beta (1Y): 1.11
• Revenue Growth: 14.96%
• EPS Growth: 19.11%
• Country: US
• Employees: 140,000
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Services
• EPS (TTM): 1.19
• Shares Outstanding: 297,554,320
• 10 Day Avg. Volume: 2,166,931
• 30 Day Avg. Volume: 1,530,368
• PEG Ratio: -33.19
• Price to Book (P/B): 4.77
• Price to Sales (P/S): 1.12
• P/FCF Ratio: 28.66
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 1.34
• Enterprise Value/Gross Profit: 3.40
• Enterprise Value/Ebitda: 23.61
• 1Y Price Target: $159.43
• Price Target Upside: 3.87% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 77 Outperform
• Price Target: $180.00 ▲(17.27% Upside)

CBRE's strong financial performance and positive earnings call weigh heavily in its overall score, reflecting robust growth and operational efficiency. Technical indicators and valuation metrics present some concerns, with the stock appearing overbought and potentially overvalued. However, strategic corporate actions and positive earnings guidance bolster the company's outlook, supporting a favorable investment case.

Positive Factors

Earnings

CBRE reported strong second-quarter results and raised its core EPS outlook for the year.

Financial Performance

CBRE delivered impressive results in a difficult operating environment, with significant growth in its recurring and transactional businesses.

Revenue Growth

Advisory Services segment revenue grew 15% year-over-year with strong acceleration in global property sales.

Negative Factors

Investment Sales

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

Macroeconomic Uncertainty

Ongoing macroeconomic uncertainty and market volatility prevented management from raising its guidance to the high end of the range.

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. is a global leader in commercial real estate services and investments. The company operates in various sectors, including real estate services, property management, investment sales, and advisory services. Its core products encompass brokerage services, property management, facilities management, project management, and capital markets services, catering to a diverse clientele ranging from corporate clients to institutional investors and property owners.

How the Company Makes Money

CBRE generates revenue through multiple streams, primarily from service fees and commissions earned on real estate transactions, property management services, and advisory services. Key revenue streams include brokerage commissions from lease and sale transactions, fees from property management and facilities management services, and income from capital markets services including investment sales and debt financing. The company benefits from long-term relationships with major clients, including corporations, investors, and government entities, which contribute to consistent revenue generation. Additionally, CBRE's strategic partnerships with technology firms enhance its service offerings and operational efficiency, further bolstering its revenue potential.

CBRE Group Financial Statement Overview

Summary

CBRE Group demonstrates robust financial health with strong revenue growth and efficient cost management. The company maintains a solid capital structure with moderate leverage and effective equity utilization, supporting its financial stability. Despite a slight decrease in free cash flow growth, the company's strong cash generation capabilities underline its financial resilience in the competitive real estate services industry.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	38.10B	35.77B	31.95B	30.83B	27.75B	23.83B
Gross Profit	15.00B	6.96B	6.27B	6.59B	6.17B	4.78B
EBITDA	2.16B	1.97B	1.74B	1.94B	2.91B	1.47B
Net Income	1.09B	968.00M	986.00M	1.41B	1.84B	751.99M
Balance Sheet
Total Assets	27.69B	24.38B	22.55B	20.51B	22.07B	18.04B
Cash, Cash Equivalents and Short-Term Investments	1.40B	1.11B	1.26B	1.32B	2.43B	1.90B
Total Debt	3.70B	5.69B	4.83B	3.49B	4.20B	4.10B
Total Liabilities	18.70B	15.19B	13.48B	11.91B	12.71B	10.53B
Stockholders Equity	8.25B	8.41B	8.27B	7.85B	8.53B	7.08B
Cash Flow
Free Cash Flow	1.13B	1.40B	175.00M	1.37B	2.15B	1.56B
Operating Cash Flow	1.37B	1.71B	480.00M	1.63B	2.36B	1.83B
Investing Cash Flow	-669.00M	-1.51B	-681.00M	-832.46M	-1.28B	-341.58M
Financing Cash Flow	-207.00M	-221.00M	154.00M	-1.77B	-490.63M	-625.26M

CBRE Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 153.49
• 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 153.49 is above the 20-day moving average (MA) of 148.91, above the 50-day MA of 140.74, and above the 200-day MA of 133.93, indicating a bullish trend. The MACD of 4.56 indicates Positive momentum. The RSI at 61.85 is Neutral, neither overbought nor oversold. The STOCH value of 35.61 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	79 Outperform	$13.18B	23.91	8.40%	―	13.47%	47.52%
CBRE	77 Outperform	$45.67B	43.00	13.13%	―	14.96%	19.11%
CSGP	75 Outperform	$39.19B	362.89	1.30%	―	12.18%	-51.21%
CWK	71 Outperform	$3.13B	15.33	11.62%	―	4.63%	887.64%
BEKE	70 Outperform	$21.19B	33.21	6.53%	2.03%	34.99%	28.80%
NMRK	66 Neutral	$2.98B	37.84	6.00%	0.74%	16.29%	69.89%
Sector *	65 Neutral	£947.85M	14.43	6.19%	5.89%	15.74%	68.63%

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.