400 South Hope Street
Los Angeles , CA 90071
Los Angeles , CA 90071
News
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CBRE Group declined 0.5% to $66.15 after the commercial real estate services and investment company reported a sharp decline in earnings.
Commercial real estate capital markets remain under severe pressure, leading to a sustained slowdown in property sales and debt financing activity.
Revenue in the third quarter increased 4.5% to $7.8 billion from $7.5 billion, net income plunged 57% to $191 million from $447 million, and diluted earnings per share declined to 61 cents from $1.38 a year ago.
CBRE revised its core earnings per share to decrease by mid-30%, More
Oct 27, 2023 -
CBRE Group Inc declined about 8% to $82. 88 after the real estate leasing and advisory services provider reported on the worries of looming slowdown in commercial real estate market.
Revenue in the second quarter revenue declined 0.7% to $7.7 billion and net income plunged 58.7% to $201 million from $487 million and diluted earnings per share fell to 64 cents from $1.48 a year ago.
The company said comparison with the quarter last year was difficult because of "exceptional development earnings" in the quarter exceeded development operating profit in any year except 20 More
Jul 27, 2023
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Price
- Last Close
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$ 134.68
$ +3.14 2.39 %
Nov 5, 2024
- 52-Week High/Low
- $117.01 - $65.75
- YTD
- 44.7%
- Trading Volume
- 31,226
- Market Cap Full
- $ 41B
- Shares Outstanding
-
304.8M
Oct 23, 2023
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 13% | -16.7% | 10.5% | 9% | 23.5% | -5% | 26.6% | -15.7% | -5.4% | 4.5% |
| Q2 | -4.4% | -8.1% | 4.6% | 2.8% | 1.9% | 4% | 8.4% | -19.6% | 10.8% | -0.6% |
| Q3 | -13.5% | 5.7% | 4.1% | -7.5% | 1.3% | 8% | 15% | -8.3% | -8.5% | - |
| Q4 | 8.1% | 12.5% | 13.3% | -9.9% | 15.6% | 33.1% | 10.1% | 14% | 27.5% | - |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.3% | 6.3% | 6% | -3% | - | - | - | - | - | - | - | - |
| 2023 | 11.1% | -0.4% | -14.5% | 5.3% | -2.2% | 7.7% | 3.3% | 2.1% | -13.2% | -6.1% | 13.9% | 17.9% |
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30% | 1% | -9% | 38% | -8% | 53% | 2% | 74% | -29% | 21% | 45% |
Earnings
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Q1 | 0.32 | 0.36 | 0.43 | 0.54 | 0.79 | 0.51 | 0.78 | 1.16 | 0.37 |
| Q2 | 0.42 | 0.52 | 0.65 | 0.74 | 0.81 | 0.24 | 1.3 | 1.48 | 0.64 |
| Q3 | 0.51 | 0.50 | 0.64 | 0.79 | 0.79 | 0.55 | 1.28 | 1.38 | 0.61 |
| Q4 | 0.81 | 0.93 | 0.99 | 1.21 | 1.32 | 0.92 | 2.05 | 0.27 | - |
| A | 2.1 | 2.3 | 2.7 | 3.1 | 3.8 | 2.2 | 5.4 | 4.3 | 1.62 |
Annual Returns
52 Week
High/Low
Annual
Earnings
Chart
Trading Volume
Outstanding Shares
(In Millions) +
Jan 16, 2024
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Mar | - | 335.8 | 334.8 | 335.6 | 332.3 | 309.9 |
| Jun | 339.7 | 336.3 | 335.2 | 335.7 | 326.9 | 310.8 |
| Sep | 339.8 | 336.3 | 335.3 | 335.7 | 321.2 | 309.8 |
| Dec | 340.9 | 334.8 | 335.5 | 334.7 | 315.9 | 304.8 |
SEC Filings
Financial Ratios
| 2022 | 2021 | 2020 | 2019 | 2018 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Management | ||||||||||||||||||
| Inventory / Stock Turnover | - | - | - | - | - | |||||||||||||
| Fixed Asset Turnover | 9.1 | 9.2 | 9.3 | 11.2 | 13.7 | |||||||||||||
| Total Asset Turnover | 1.5 | 1.3 | 1.3 | 1.5 | 1.6 | |||||||||||||
| Leverage | ||||||||||||||||||
| Debt Ratio | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | |||||||||||||
| Debt – Equity Ratio | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 | |||||||||||||
| Interest Coverage | 14.4 | -8.2 | 4.5 | -57.3 | 43.5 | |||||||||||||
| Equity multiplier | 0.4 | 0.3 | 0.4 | 0.3 | 0.3 | |||||||||||||