CBRE(CBRE)

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Here's Why CBRE Group (CBRE) is a Great Momentum Stock to Buy
ZACKS· 2024-09-18 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
Are Finance Stocks Lagging CBRE Group (CBRE) This Year?
ZACKS· 2024-09-12 14:46
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. CBRE Group (CBRE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. CBRE Group is one of 859 companies in the Finance group. The Finance group curr ...
GMH Communities Names Residential Buildings at Central Station in Downtown Phoenix
Prnewswire· 2024-09-10 15:00
The mixed-use development, slated to open in mid 2025, will transform downtown Phoenix with apartments, student housing, office, and retail space PHILADELPHIA, Sept. 10, 2024 /PRNewswire/ -- GMH Communities (GMH), a vertically-integrated real estate company specializing in the acquisition, development and management of exceptional living communities throughout the United States, officially named the innovative residential properties at Central Station, marking a significant milestone in the innovative mixed ...
3 Stocks to Watch as Home Prices Reach a New All-Time High
MarketBeat· 2024-09-05 11:45
Investors may think that home prices are the only way to play the real estate sector, whether by investing in physical property or crowdfunding platforms that allow retail investors to tap into the income and appreciation potential from owning a share in a portfolio of properties. However, there are other lateral plays that offer a much better risk-to-reward ratio. As home prices now hit a new all-time high, with the average home price hovering at $501,700, investing in single-family homes has very little u ...
Here's how data centers became a billion-dollar real estate investment
CNBC· 2024-08-30 10:02
The U.S. is home to the majority of the world's data centers, with more than 2,800. The closest nation after that is the United Kingdom, with less than 400, according to the Data Center Map. Data centers are the physical vertebrae of internet infrastructure, supporting cloud computing capabilities and artificial intelligence. The value of the land where data centers are planned to be built is now soaring, 10 times the original price in one case from Vint Hill, Virginia. Pat Lynch, executive managing directo ...
Redaptive Expands Denver Footprint with Move to New LoDo HQ
Prnewswire· 2024-08-21 17:30
The over 25K-square-foot space will provide room to accommodate the sustainability company's impressive growth DENVER, Aug. 21, 2024 /PRNewswire/ -- Redaptive, renowned for its data and sustainability solutions for industrial and commercial customers, is moving its headquarters from The Circa Building to a much larger, 25K-square-foot space on the eighth floor of McGregor Square in LoDo. The move comes on the heels of significant company growth. Redaptive's new headquarters is located in McGregor Square, wh ...
Key Reasons to Add CBRE Group (CBRE) to Your Portfolio Now
ZACKS· 2024-08-13 18:06
CBRE Group's (CBRE) wide array of real estate products and service offerings and healthy outsourcing business position it well for growth. Its solid balance sheet position also bodes well. Last month, this Dallas, TX-based real estate came up with better-than-expected second-quarter 2024 results. The company reported core earnings per share (EPS) of 81 cents, surpassing the Zacks Consensus Estimate of 69 cents. The results reflected growth in its resilient lines of business. Shares of this Zacks Rank #2 (Bu ...
CBRE(CBRE) - 2024 Q2 - Earnings Call Transcript
2024-07-25 18:26
CBRE Group, Inc. (NYSE:CBRE) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Chandni Luthra - Executive Vice President, Head of FP&A and Investor Relations Bob Sulentic - Chair & Chief Executive Officer Emma Giamartino - Chief Financial Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Jade Rahmani - KBW Michael Griffin - Citi Steve Sakwa - Evercore ISI Stephen Sheldon - William Blair Peter Abramowitz - Jefferies Operator Greetings, ...
CBRE Group (CBRE) Q2 Earnings Beat, 2024 Outlook Raised
ZACKS· 2024-07-25 17:22
CBRE Group Inc. (CBRE) reported second-quarter 2024 core earnings per share (EPS) of 81 cents, ahead of the Zacks Consensus Estimate of 69 cents. However, the reported figure declined 1.2% year over year. Reflecting positive sentiments, shares of CBRE were up more than 9% so far today. Results reflect growth in its resilient lines of business. Global Workplace Solutions ("GWS") experienced strong business wins with a healthy balance of new clients and expansion. The leasing business performed well due to of ...
CBRE (CBRE) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-07-25 14:36
For the quarter ended June 2024, CBRE Group (CBRE) reported revenue of $8.39 billion, up 8.7% over the same period last year. EPS came in at $0.81, compared to $0.82 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $8.52 billion, representing a surprise of -1.52%. The company delivered an EPS surprise of +17.39%, with the consensus EPS estimate being $0.69. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...