CBIZ (NYSE:CBZ) Releases Quarterly Earnings Results, Beats Estimates By $0.19 EPS

Posted by George Bondi on Jul 29th, 2026

CBIZ (NYSE:CBZ – Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $0.91 EPS for the quarter, beating the consensus estimate of $0.72 by $0.19, Zacks reports. CBIZ had a net margin of 5.57% and a return on equity of 12.62%.

CBIZ Price Performance

CBIZ stock traded up $7.99 during mid-day trading on Wednesday, hitting $54.69. The company’s stock had a trading volume of 9,777,886 shares, compared to its average volume of 1,076,795. The stock has a market capitalization of $2.93 billion, a P/E ratio of 21.98, a P/E/G ratio of 0.94 and a beta of 0.99. CBIZ has a twelve month low of $24.29 and a twelve month high of $76.70. The stock’s fifty day moving average price is $35.36 and its two-hundred day moving average price is $33.56. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.77.

Key Stories Impacting CBIZ

Here are the key news stories impacting CBIZ this week:

Positive Sentiment: Grant Thornton Advisors agreed to acquire CBIZ in an all-cash transaction valued at approximately $5.0 billion, or $55 per share. The deal provides a clear near-term valuation and is expected to close in the fourth quarter of 2026, subject to shareholder, regulatory and other approvals. CBIZ to be acquired by Grant Thornton Advisors
Positive Sentiment: The acquisition is being viewed as a major strategic transaction for the accounting and consulting sector and helped push CBZ toward the proposed cash consideration. Grant Thornton seals accounting sector’s largest takeover in a generation
Positive Sentiment: CBIZ reported adjusted diluted EPS of $0.91, beating the $0.72 analyst consensus by $0.19. First-half revenue increased 0.6% to $1.53 billion, net income rose 4.1% to $171.4 million, and operating cash flow improved substantially. CBIZ Reports Second-Quarter and First-Half 2026 Financial Results
Neutral Sentiment: CBIZ withdrew its 2026 financial guidance and suspended further updates because of the pending acquisition. The company also said it would not hold an earnings conference call or webcast.
Negative Sentiment: Quarterly operating performance was weaker on a GAAP basis: revenue fell 0.2% to $682.2 million, net income declined 55.6% to $18.6 million, GAAP EPS dropped to $0.31 from $0.66, and adjusted EBITDA decreased 14.3%. CBIZ Q2 revenue dips to $682 million as net income falls
Negative Sentiment: CBIZ disclosed an employee stock purchase plan rescission offer and plans to remediate internal-control issues related to inadvertent purchases, creating additional compliance uncertainty. CBIZ Announces ESPP Rescission Offer, Control Remediation Plans

Institutional Investors Weigh In On CBIZ

A number of institutional investors and hedge funds have recently modified their holdings of CBZ. Corient Private Wealth LLC lifted its stake in CBIZ by 6.9% during the fourth quarter. Corient Private Wealth LLC now owns 6,368 shares of the business services provider’s stock valued at $321,000 after buying an additional 410 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of CBIZ by 26.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,791 shares of the business services provider’s stock worth $444,000 after acquiring an additional 1,825 shares in the last quarter. XTX Topco Ltd increased its position in shares of CBIZ by 694.2% in the fourth quarter. XTX Topco Ltd now owns 53,361 shares of the business services provider’s stock worth $2,692,000 after acquiring an additional 46,642 shares in the last quarter. Wellington Management Group LLP boosted its stake in CBIZ by 21.4% in the 4th quarter. Wellington Management Group LLP now owns 440,510 shares of the business services provider’s stock worth $22,224,000 after purchasing an additional 77,583 shares during the period. Finally, Twinbeech Capital LP acquired a new position in CBIZ in the 4th quarter worth approximately $1,386,000. 87.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CBZ shares. Stephens set a $37.00 price objective on CBIZ in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $42.00 price target on shares of CBIZ in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of CBIZ from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Barrington Research began coverage on CBIZ in a research report on Wednesday, June 24th. They set an “outperform” rating and a $45.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $39.25.

Read Our Latest Report on CBIZ

CBIZ Company Profile

(Get Free Report)

CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.

Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.