CBRE Group (NYSE:CBRE) Announces Earnings Results

Posted by Brian Himes on Oct 22nd, 2026

CBRE Group (NYSE:CBRE – Get Free Report) issued its quarterly earnings results on Thursday. The financial services provider reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.09, Zacks reports. The business had revenue of $11.52 billion for the quarter, compared to analysts’ expectations of $11.81 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The business’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period last year, the business earned $1.61 earnings per share.

Here are the key takeaways from CBRE Group’s conference call:

Core EPS rose 28% year over year on 13% revenue growth, with both resilient and transactional businesses delivering double-digit gains.
Infrastructure services remained the key growth engine: critical infrastructure services revenue increased 80%, and total infrastructure services revenue is expected to reach nearly $7 billion in 2027, up more than 40% from 2026.
Higher and volatile interest rates are weighing on real estate capital markets, leading to retraded or delayed transactions and expected pressure across investment sales, mortgage origination, development, and investment management through at least the first half of 2027.
CBRE maintained its 2026 core EPS guidance of $7.80–$7.90, expects a path to 15% core EPS growth in 2027, and remains on track for 75%–85% free-cash-flow conversion with slightly above one turn of net leverage.
Two problematic enterprise facilities-management accounts are being restructured, creating downward pressure on fourth-quarter earnings, while weaker corporate real estate capital spending also tempered project-management growth.

CBRE Group Trading Down 2.5%

CBRE traded down $3.38 on Thursday, hitting $131.27. 763,378 shares of the company were exchanged, compared to its average volume of 2,095,243. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a fifty day simple moving average of $139.87 and a two-hundred day simple moving average of $139.55. The stock has a market capitalization of $38.01 billion, a PE ratio of 30.11 and a beta of 1.23. CBRE Group has a 12 month low of $121.69 and a 12 month high of $174.27.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on CBRE shares. Keefe, Bruyette & Woods lowered their price objective on shares of CBRE Group from $174.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, October 9th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Evercore reiterated an “outperform” rating and issued a $175.00 target price on shares of CBRE Group in a research report on Thursday, July 30th. Barclays boosted their price target on shares of CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Finally, UBS Group upped their price target on shares of CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $178.40.

Check Out Our Latest Report on CBRE Group

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $333,652.50. Following the completion of the sale, the chief financial officer owned 108,479 shares of the company’s stock, valued at approximately $16,086,350.91. This represents a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chad Doellinger sold 228 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $33,810.12. Following the sale, the insider directly owned 41,778 shares of the company’s stock, valued at approximately $6,195,259.62. This trade represents a 0.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 5,144 shares of company stock worth $767,363. 0.46% of the stock is currently owned by insiders.

CBRE Group News Summary

Here are the key news stories impacting CBRE Group this week:

Positive Sentiment: CBRE reported third-quarter core EPS of $2.05, above analyst estimates of roughly $1.96-$2.01 and up from $1.61 a year earlier. GAAP EPS rose 26% to $1.52, while revenue increased 13% year over year to approximately $11.5 billion. CBRE Group Reports Financial Results for Q3 2026
Positive Sentiment: Infrastructure services revenue grew 50% on a trailing 12-month basis to $4.5 billion. Trailing 12-month operating cash flow of $1.4 billion and free cash flow of $1.8 billion also support CBRE’s financial flexibility. CBRE Group Reports Financial Results for Q3 2026
Positive Sentiment: The planned acquisition of Onnec Group expands CBRE’s data-center infrastructure capabilities in Europe and Asia-Pacific, adding exposure to a rapidly growing market. CBRE to Acquire Onnec
Neutral Sentiment: Institutional positioning was mixed, with 511 investors adding shares and 500 reducing positions in the latest quarter. Recent analyst targets remain well above the current trading range, including targets of $169 and $178, although coverage is limited.
Negative Sentiment: Quarterly revenue of roughly $11.5 billion missed consensus estimates of approximately $11.8-$12.0 billion by $400 million or more. The revenue miss may have outweighed the EPS beat because it raises questions about demand and near-term growth conversion. CBRE Earnings and Revenue Results
Negative Sentiment: Onnec requires a substantial all-cash commitment of up to £760 million, or roughly $1 billion, creating integration, valuation and capital-allocation risks even as it strengthens CBRE’s data-center strategy. CBRE Onnec Acquisition
Negative Sentiment: Recent insider activity was entirely selling: five reported sales and no purchases over six months. Jefferies also lowered its price target to $164, adding to investor caution. Jefferies Cuts CBRE Price Target

About CBRE Group

(Get Free Report)

CBRE Group, Inc (NYSE:CBRE) is a global commercial real estate services and investment firm. The company provides advisory, transaction, property management, facilities management, project management, valuation, and consulting services to corporate, institutional, and other real estate clients.

Its businesses support the acquisition, development, leasing, operation, and disposition of commercial properties across sectors such as office, industrial and logistics, retail, multifamily, hospitality, and data centers.

Earnings History for CBRE Group (NYSE:CBRE)

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