Workflow
CBRE(CBRE)
icon
Search documents
Is the Options Market Predicting a Spike in CBRE Group (CBRE) Stock?
ZACKS· 2025-05-05 19:35
Investors in CBRE Group, Inc. (CBRE) need to pay close attention to the stock based on moves in the options market lately. That is because the June 20, 2025 $80 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also m ...
CBRE(CBRE) - 2025 Q1 - Quarterly Report
2025-04-24 20:32
Financial Performance - Total revenue for the three months ended March 31, 2025, was $8,910 million, an increase from $7,935 million in the same period of 2024, representing a growth of approximately 12.3%[117]. - Basic income per share attributable to CBRE Group, Inc. stockholders rose to $0.54 for the three months ended March 31, 2025, up from $0.41 in the same period of 2024[104]. - Net income attributable to CBRE Group, Inc. for Q1 2025 was $163 million, up from $126 million in Q1 2024, representing a 29.4% increase[118]. - Total segment operating profit for Q1 2025 was $560 million, significantly higher than $353 million in Q1 2024, marking a 58.7% increase[118]. - Revenue from the United States was $5.17 billion, an increase of 16.9% compared to $4.42 billion in the previous year[119]. Assets and Liabilities - As of March 31, 2025, CBRE MCI funded loans with unpaid principal balances of $46.6 billion, with $43.2 billion subject to loss sharing arrangements under the Fannie Mae DUS Program[89]. - Total leased assets increased to $2,157 million as of March 31, 2025, up from $1,458 million as of December 31, 2024, reflecting a significant growth in operating lease assets[85]. - The company had guarantees totaling $193 million as of March 31, 2025, primarily related to management and vendor contracts in overseas operations[92]. - Indirect tax liabilities amounted to $93 million as of March 31, 2025, reflecting an increase from $91 million as of December 31, 2024[98]. - Aggregate future commitments related to co-investment funds were $183 million as of March 31, 2025, with unfunded capital commitments of $345 million to consolidated projects[99]. Revenue and Expenses - The cost of revenue for the three months ended March 31, 2025, was $7,265 million, compared to $6,475 million for the same period in 2024, indicating an increase of approximately 12.2%[117]. - The company recognized $100 million in revenue from contract liabilities during the three months ended March 31, 2025, which were included in the contract liability balance at December 31, 2024[111]. - Total contract liabilities as of March 31, 2025, were $403 million, up from $375 million as of December 31, 2024, representing an increase of approximately 7.5%[111]. - The provision for income taxes was $52 million for the three months ended March 31, 2025, compared to a benefit of $29 million for the same period in 2024, marking an increase of $81 million[101]. Segment Performance - Segment operating profit for the Advisory Services segment was $301 million for the three months ended March 31, 2025, compared to $232 million for the same period in 2024, reflecting a year-over-year increase of approximately 29.7%[117]. - The company reported net revenue of $1,682 million for the Advisory Services segment for the three months ended March 31, 2025, compared to $1,480 million in the same period of 2024, a growth of approximately 13.6%[117]. Corporate Actions - CBRE Group, Inc. repurchased 3,061,972 shares of common stock at an average price of $132.94 per share for a total of $407 million during the three months ended March 31, 2025[105]. - The company combined its project management business with Turner & Townsend and created a new reportable segment, Project Management, in January 2025[112]. - The company acquired full ownership of Industrious on January 16, 2025, establishing a new business segment focused on flexible workplace solutions[112]. Costs and Remediation - Integration and other costs related to acquisitions amounted to $68 million in Q1 2025, compared to a benefit of $4 million in Q1 2024[118]. - Costs associated with efficiency and cost-reduction initiatives were $13 million in Q1 2025, down from $29 million in Q1 2024[118]. - The estimated liability for Telford Fire Safety Remediation as of March 31, 2025, was approximately $206 million, reflecting a slight increase from $204 million at the end of 2024[120]. - The company is winding down Telford Homes' legacy construction business and transitioning to a new entity, Telford Living, focusing on residential housing development in the UK[118]. - The company continues to assess remediation costs, which are highly complex and dependent on various external factors[121]. Compliance and Regulations - CBRE Group, Inc. emphasizes the importance of compliance with laws and regulations across its global operations, which may impact financial performance[218].
CBRE(CBRE) - 2025 Q1 - Earnings Call Transcript
2025-04-24 19:11
CBRE Group, Inc. (NYSE:CBRE) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Chandni Luthra - Executive Vice President, Head of Investor Relations and FP&A Bob Sulentic - Chairman & Chief Executive Officer Emma Giamartino - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Julien Blouin - Goldman Sachs Ronald Kamdem - Morgan Stanley Stephen Sheldon - William Blair Manus Ebbecke - Evercore ISI Peter Abramowitz - Jefferies Patrick O'Shaughnessy - R ...
Compared to Estimates, CBRE (CBRE) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-04-24 14:36
For the quarter ended March 2025, CBRE Group (CBRE) reported revenue of $8.91 billion, up 12.3% over the same period last year. EPS came in at $0.86, compared to $0.78 in the year-ago quarter. The reported revenue represents no surprise over the Zacks Consensus Estimate of $8.91 billion. With the consensus EPS estimate being $0.81, the EPS surprise was +6.17%. Here is how CBRE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: View all ...
CBRE(CBRE) - 2025 Q1 - Quarterly Results
2025-04-24 11:00
EXHIBIT 99.1 Press Release FOR IMMEDIATE RELEASE For further information: Chandni Luthra - Investors Steve Iaco - Media 212.984.8113 212.984.6535 Chandni.Luthra@cbre.com Steven.Iaco@cbre.com CBRE GROUP, INC. REPORTS FINANCIAL RESULTS FOR FIRST-QUARTER 2025 Dallas – April 24, 2025 — CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2025. CBRE Press Release April 24, 2025 Page 2 Consolidated Financial Results Overview The following table presents highlights of ...
Can CBRE Group Stock Keep Its Winning Streak Alive in Q1?
ZACKS· 2025-04-21 16:10
CBRE Group, Inc. (CBRE) , the global leader in real estate services, is gearing up to announce its first-quarter 2025 earnings on April 24 before the bell. The company has established itself as a leader in the industry, delivering a comprehensive suite of services such as property sales and leasing, property management, valuation, project management and consulting.In the last reported quarter, this Dallas, TX-based commercial real estate services and investment firm reported an earnings surprise of 4.98%. R ...
CBRE Group (CBRE) Boasts Earnings & Price Momentum: Should You Buy?
ZACKS· 2025-04-04 14:30
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.The Zacks Premium service makes this easier. It features daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All of these can help you quickly identify what stocks to buy, what to sell, and what are today's hottest ...
Shorenstein Commences Renovations at 14th & Spring in Atlanta
Prnewswire· 2025-04-02 12:00
The renovations at 14th & Spring are designed to prioritize a welcoming experience for all tenants, and will include a complete repositioning of the lobby, expanded first-floor amenities, and the build-out of a full floor of speculative ("spec") suites. Atlanta-based law firm Cushing, Morris, Armbruster, & Montgomery, LLP, has preleased one of the new spec suites, with plans to relocate from its current downtown office by August 2025. Since Shorenstein's acquisition of 14th & Spring in July 2024, the Proper ...
CBRE Group Stock Rises 8.6% in 6 Months: Will the Trend Last?
ZACKS· 2025-03-26 18:30
Shares of CBRE Group (CBRE) have rallied 8.6% in the past six months, outperforming its industry’s decline of 1.5%.With a wide array of real estate products and services offerings, CBRE enjoys a robust scale and is the largest commercial real estate services and investment firm (based on 2024 revenues). A healthy outsourcing business, strategic acquisitions and a solid balance sheet are expected to drive its performance.This Zacks Rank #3 (Hold) company has modified its segments and will now report four bus ...
Zacks Industry Outlook CBRE Group, Newmark and Redfin
ZACKS· 2025-03-04 09:55
For Immediate ReleaseChicago, IL – March 4, 2025 – Today, Zacks Equity Research Equity are CBRE Group, Inc. (CBRE) , Newmark Group, Inc. (NMRK) and Redfin Corp. (RDFN) .Industry: Real Estate OperationsLink: https://www.zacks.com/commentary/2424618/3-real-estate-operations-stocks-to-consider-despite-industry-woesThe Zacks Real Estate Operations industry faces disruptions, including geopolitical unrest and macroeconomic challenges, in the near-term. Moreover, customers remain focused on cost controls and for ...