Real Estate - Real Estate - Services - NYSE - GB
$ 13.84
-1.91 %
$ 3.18 B
Market Cap
36.42
P/E
Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East, and Africa; and Asia Pacific segments. It offers integrated facilities management, project and development, portfolio administration, transaction management, and strategic consulting services; property management services, including client accounting, engineering and operations, lease compliance administration, project and development, and sustainability services; and self-performed facilities services, which include janitorial, maintenance, critical environment management, landscaping, and office services. The company also provides owner representation and tenant representation leasing services; capital market services, including investment sales and equity, and debt and structured financing for real estate purchase and sales transactions; and appraisal management, investment management, valuation advisory, portfolio advisory, diligence advisory, dispute analysis and litigation support, financial reporting, and property and/or portfolio valuation services on real estate debt and equity decisions.[ Read More ]
The intrinsic value of one CWK stock under the base case scenario is HIDDEN Compared to the current market price of 13.8 USD, Cushman & Wakefield plc is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart CWK
FINANCIALS
9.49 B
REVENUE
206 M
OPERATING INCOME
-35.4 M
NET INCOME
152 M
OPERATING CASH FLOW
48.9 M
INVESTING CASH FLOW
-121 M
FINANCING CASH FLOW
2.34 B
REVENUE
75.2 M
OPERATING INCOME
33.7 M
NET INCOME
196 M
OPERATING CASH FLOW
57.4 M
INVESTING CASH FLOW
-57 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Cushman & Wakefield plc
| Current Assets | 2.8 B |
| Cash & Short-Term Investments | 768 M |
| Receivables | 1.47 B |
| Other Current Assets | 568 M |
| Non-Current Assets | 4.97 B |
| Long-Term Investments | 708 M |
| PP&E | 503 M |
| Other Non-Current Assets | 3.76 B |
| Current Liabilities | 2.4 B |
| Accounts Payable | 1.16 B |
| Short-Term Debt | 150 M |
| Other Current Liabilities | 1.09 B |
| Non-Current Liabilities | 3.7 B |
| Long-Term Debt | 3.42 B |
| Other Non-Current Liabilities | 282 M |
EFFICIENCY
Earnings Waterfall
Cushman & Wakefield plc
| Revenue | 9.49 B |
| Cost Of Revenue | 7.84 B |
| Gross Profit | 1.65 B |
| Operating Expenses | 1.45 B |
| Operating Income | 206 M |
| Other Expenses | 241 M |
| Net Income | -35.4 M |
RATIOS
17.40%
GROSS MARGIN
2.17%
OPERATING MARGIN
-0.37%
NET MARGIN
-2.11%
ROE
-0.46%
ROA
4.93%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Cushman & Wakefield plc
| Net Income | -35.4 M |
| Depreciation & Amortization | 243 M |
| Capital Expenditures | -51 M |
| Stock-Based Compensation | 54.1 M |
| Change in Working Capital | -124 M |
| Others | -72.6 M |
| Free Cash Flow | 101 M |
Wall Street Analysts Price Targets
Cushman & Wakefield plc
Wall Street analysts predict an average 1-year price target for CWK of $14 , with forecasts ranging from a low of $13 to a high of $16 .
CWK Lowest Price Target
Wall Street Target
13 USD
-6.07%
CWK Average Price Target
Wall Street Target
14 USD
1.16%
CWK Highest Price Target
Wall Street Target
16 USD
15.61%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Cushman & Wakefield plc
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
188 M USD 1
6-9 MONTHS
75.7 M USD 2
9-12 MONTHS
176 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
May 22, 2024
|
Sell 188 M USD
|
TPG GP A, LLC
other: Former 10% Owner |
- 17098001
|
11 USD |
|
8 months ago
Feb 29, 2024
|
Sell 400 K USD
|
Robinson Nathaniel
See Remarks |
- 40000
|
9.99 USD |
|
8 months ago
Feb 29, 2024
|
Sell 75.3 M USD
|
TPG GP A, LLC
10 percent owner |
- 7734954
|
9.74 USD |
|
11 months ago
Dec 08, 2023
|
Sell 176 K USD
|
Robinson Nathaniel
See Remarks |
- 20000
|
8.82 USD |
|
1 year ago
Nov 07, 2023
|
Sell 76.3 M USD
|
TPG GP A, LLC
10 percent owner |
- 10000000
|
7.63 USD |
|
1 year ago
Jun 08, 2023
|
Sell 25.9 M USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 3000000
|
8.625 USD |
|
1 year ago
Jun 01, 2023
|
Sell 118 K USD
|
McLean Jodie W.
Director |
- 15000
|
7.84 USD |
|
2 years ago
Jun 13, 2022
|
Bought 51.2 K USD
|
MACKAY MICHELLE
See Remarks |
+ 3500
|
14.64 USD |
|
2 years ago
Jun 03, 2022
|
Sell 268 K USD
|
Robinson Nathaniel
See Remarks |
- 15231
|
17.58 USD |
|
2 years ago
May 31, 2022
|
Sell 53.7 M USD
|
WINKELRIED JON
director: |
- 2920717
|
18.385 USD |
|
2 years ago
May 31, 2022
|
Sell 53.7 M USD
|
TPG GP A, LLC
10 percent owner |
- 2920717
|
18.385 USD |
|
2 years ago
May 31, 2022
|
Sell 39.7 M USD
|
PAGAC Drone Holding GP I Ltd
director: |
- 2156391
|
18.39 USD |
|
2 years ago
Apr 01, 2022
|
Sell 3 M USD
|
WHITE W BRETT
Executive Chairman |
- 145416
|
20.6 USD |
|
2 years ago
Mar 29, 2022
|
Sell 43.3 K USD
|
MCDONALD ANDREW R.
President |
- 2061
|
21 USD |
|
2 years ago
Mar 02, 2022
|
Sell 292 K USD
|
MCDONALD ANDREW R.
President |
- 13478
|
21.63 USD |
|
2 years ago
Feb 16, 2022
|
Sell 230 K USD
|
MCDONALD ANDREW R.
President |
- 10000
|
23 USD |
|
2 years ago
Feb 15, 2022
|
Sell 4.09 M USD
|
WHITE W BRETT
Executive Chairman |
- 186304
|
21.94 USD |
|
2 years ago
Dec 13, 2021
|
Sell 118 M USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 5797645
|
20.35 USD |
|
3 years ago
Nov 15, 2021
|
Sell 547 K USD
|
Robinson Nathaniel
See Remarks |
- 29411
|
18.6 USD |
|
3 years ago
Nov 16, 2021
|
Sell 450 K USD
|
Robinson Nathaniel
See Remarks |
- 23918
|
18.82 USD |
|
3 years ago
Nov 05, 2021
|
Sell 195 K USD
|
Forrester John
Global President |
- 10000
|
19.49 USD |
|
3 years ago
Oct 01, 2021
|
Sell 918 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 48886
|
18.77 USD |
|
3 years ago
Oct 04, 2021
|
Sell 32.6 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 1730
|
18.84 USD |
|
3 years ago
Aug 16, 2021
|
Sell 3.19 M USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 174688
|
18.25 USD |
|
3 years ago
Aug 16, 2021
|
Sell 106 M USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 5810442
|
18.25 USD |
|
3 years ago
Aug 16, 2021
|
Sell 119 M USD
|
TPG Asia Advisors VI, Inc.
10 percent owner |
- 6514870
|
18.25 USD |
|
3 years ago
Jul 01, 2021
|
Sell 1.06 M USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 60653
|
17.4 USD |
|
3 years ago
Jul 02, 2021
|
Sell 38.3 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 2210
|
17.35 USD |
|
3 years ago
Jun 07, 2021
|
Sell 63.9 M USD
|
TPG Asia Advisors VI, Inc.
10 percent owner |
- 3441387
|
18.56 USD |
|
3 years ago
Jun 07, 2021
|
Sell 64.8 M USD
|
ONTARIO TEACHERS PENSION PLAN BOARD
10 percent owner |
- 3489329
|
18.56 USD |
|
3 years ago
Jun 07, 2021
|
Sell 57 M USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 3069284
|
18.56 USD |
|
3 years ago
May 14, 2021
|
Sell 1.2 M USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 63801
|
18.79 USD |
|
3 years ago
May 17, 2021
|
Sell 57.9 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 3205
|
18.05 USD |
|
3 years ago
May 14, 2021
|
Sell 405 K USD
|
Forrester John
Global President |
- 21525
|
18.8 USD |
|
3 years ago
Mar 15, 2021
|
Sell 79.1 M USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 4583655
|
17.26 USD |
|
4 years ago
Feb 06, 2020
|
Sell 128 K USD
|
Palmer Duncan
See Remarks |
- 6401
|
20.07 USD |
|
4 years ago
Jan 13, 2020
|
Sell 788 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 40748
|
19.34 USD |
|
4 years ago
Jan 14, 2020
|
Sell 77.7 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 4035
|
19.25 USD |
|
5 years ago
Nov 14, 2019
|
Sell 78.6 M USD
|
TPG Asia Advisors VI, Inc.
10 percent owner |
- 4321011
|
18.18 USD |
|
5 years ago
Nov 14, 2019
|
Sell 24.1 M USD
|
ONTARIO TEACHERS PENSION PLAN BOARD
10 percent owner |
- 1325452
|
18.18 USD |
|
5 years ago
Nov 14, 2019
|
Sell 77.6 M USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 4268931
|
18.18 USD |
|
5 years ago
Nov 14, 2019
|
Sell 1.54 M USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 84606
|
18.18 USD |
|
5 years ago
Oct 01, 2019
|
Sell 615 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 34477
|
17.84 USD |
|
5 years ago
Oct 01, 2019
|
Sell 86.7 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 4648
|
18.66 USD |
|
5 years ago
Oct 02, 2019
|
Sell 46.7 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 2645
|
17.64 USD |
|
5 years ago
Sep 16, 2019
|
Sell 67.7 K USD
|
Palmer Duncan
See Remarks |
- 3599
|
18.82 USD |
|
5 years ago
Jul 01, 2019
|
Sell 741 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 41180
|
18 USD |
|
5 years ago
Jul 02, 2019
|
Sell 62.9 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 3495
|
17.99 USD |
|
5 years ago
Jul 01, 2019
|
Sell 115 K USD
|
Palmer Duncan
See Remarks |
- 6401
|
18 USD |
|
5 years ago
Apr 12, 2019
|
Sell 307 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 17966
|
17.0844 USD |
|
5 years ago
Apr 12, 2019
|
Sell 3.99 M USD
|
ONTARIO TEACHERS PENSION PLAN BOARD
10 percent owner |
- 233682
|
17.0844 USD |
|
5 years ago
Apr 12, 2019
|
Sell 32.6 M USD
|
TPG Asia Advisors VI, Inc.
10 percent owner |
- 1909557
|
17.0844 USD |
|
5 years ago
Apr 01, 2019
|
Sell 900 K USD
|
Palmer Duncan
See Remarks |
- 50000
|
18 USD |
|
5 years ago
Apr 01, 2019
|
Sell 692 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 38492
|
17.97 USD |
|
5 years ago
Apr 02, 2019
|
Sell 108 K USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 6019
|
17.94 USD |
|
5 years ago
Mar 22, 2019
|
Sell 246 M USD
|
TPG Asia Advisors VI, Inc.
10 percent owner |
- 14400562
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 1.7 M USD
|
TPG Asia Advisors VI, Inc.
10 percent owner |
- 99260
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 30.1 M USD
|
ONTARIO TEACHERS PENSION PLAN BOARD
10 percent owner |
- 1762266
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 446 K USD
|
ONTARIO TEACHERS PENSION PLAN BOARD
10 percent owner |
- 26080
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 0 USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 0
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 1.28 M USD
|
PAGAC Drone Holding GP I Ltd
10 percent owner |
- 74660
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 3.42 M USD
|
DTZ Investment Holdings, L.P.
10 percent owner |
- 200000
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 30.1 M USD
|
ONTARIO TEACHERS PENSION PLAN BOARD
10 percent owner |
- 1762266
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 446 K USD
|
ONTARIO TEACHERS PENSION PLAN BOARD
10 percent owner |
- 26080
|
17.0844 USD |
|
5 years ago
Mar 22, 2019
|
Sell 2.34 M USD
|
WHITE W BRETT
Executive Chairman and CEO |
- 137172
|
17.0844 USD |
7. News
Cushman & Wakefield Named a 2025 Military Friendly® Top Five Employer
CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, has ranked fifth in the Top Ten 2025 Military Friendly® Employers.
businesswire.com
- 5 days ago
Cushman & Wakefield: Staying Neutral Considering Q3 Results And Financial Leverage
I maintain a Hold rating on Cushman & Wakefield stock after analyzing its third quarter financial results and its progress relating to deleveraging. The company's Q3 2024 EPS was boosted by non-operating items such as lower interest expenses. Cushman & Wakefield's normalized EBITDA declined by 5.0% YoY in Q3, which is roughly the same as the company's -4.9% YoY EBITDA decline for Q2.
seekingalpha.com
- 1 week ago
Cushman & Wakefield plc (CWK) Q3 2024 Earnings Call Transcript
Cushman & Wakefield plc Q3 2024 Earnings Call Transcript November 4, 2024 5:00 PM ET Company Participants Megan McGrath - Head of Investor Relations Michelle MacKay - Chief Executive Officer Neil Johnston - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Michael Griffin - Citi Alex Kramm - UBS Peter Abramowitz - Jefferies Operator Good day and welcome to Cushman & Wakefield's Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
seekingalpha.com
- 1 week ago
Compared to Estimates, Cushman & Wakefield (CWK) Q3 Earnings: A Look at Key Metrics
The headline numbers for Cushman & Wakefield (CWK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 1 week ago
Cushman & Wakefield (CWK) Tops Q3 Earnings Estimates
Cushman & Wakefield (CWK) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.21 per share a year ago.
zacks.com
- 1 week ago
Cushman & Wakefield (CWK) Expected to Beat Earnings Estimates: Should You Buy?
Cushman & Wakefield (CWK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Cushman & Wakefield (CWK) Soars 6.4%: Is Further Upside Left in the Stock?
Cushman & Wakefield (CWK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
zacks.com
- 3 weeks ago
Cushman & Wakefield Successfully Reprices 2030 Term Loan; Completes Prepayment to Fully Extinguish 2025 Term Loan
CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) announced that it has successfully completed a repricing of approximately $1.0 billion of its Term Loan issued in April 2024 due 2030 (“Term Loan”). The repricing reduces the applicable interest rate on the Term Loan by 50 basis points from Term SOFR plus 3.75% to Term SOFR plus 3.25%. There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged. Additionally, on Octob.
businesswire.com
- 1 month ago
Cushman & Wakefield to Release Third Quarter 2024 Earnings on November 4
CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK) will release its third quarter 2024 financial results after the close of trading at 4:05 p.m. ET on Monday, November 4, 2024. Management will host a conference call following the release at 5:00 p.m. ET on Monday, November 4, 2024, to discuss the financial results. The conference call can be accessed as follows: Dial in to 1-844-825-9789 (domestic) or 1-412-317-5180 (international), or click here (link will be activated 15 minutes pr.
businesswire.com
- 1 month ago
Data Center Vacancy Falls to 3% in the Americas with 80% of New Construction Pre-Leased
CHICAGO--(BUSINESS WIRE)-- #CRE--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, has released its latest research report on data center markets, showing that power and component lead times continue to slow delivery of new supply. The vacancy rate in the Americas has fallen to 3%, with over 80% of deliveries pre-leased in major markets, pushing lease rates higher. Demand for artificial intelligence (AI) and cloud data centers surged in the first half of 2024, in both es.
businesswire.com
- 1 month ago
Cushman & Wakefield Releases In-Depth Report Providing Blueprint to Reimagine Cities
CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released Reimagining Cities: Disrupting the Urban Doom Loop—an in-depth research report that puts 15 U.S. cities under the microscope to identify the real estate portfolios cities currently have versus what they need, given how much the economy has changed post-pandemic. In doing so, a few key findings emerge. Cities, particularly economically important, walkable urban places near th.
businesswire.com
- 1 month ago
Cushman & Wakefield and Greystone Arrange and Provide $33 Million in Construction Financing for New 210-Unit Multifamily Project in Downtown Spokane, WA
Kōz on West 4th breaks ground, providing residents with amenitized community at affordable rents in premier live-work-play neighborhood Kōz on West 4th breaks ground, providing residents with amenitized community at affordable rents in premier live-work-play neighborhood
globenewswire.com
- 2 months ago
8. Profile Summary
Cushman & Wakefield plc CWK
COUNTRY
GB
INDUSTRY
Real Estate - Services
MARKET CAP
$ 3.18 B
Dividend Yield
0.00%
Description
Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East, and Africa; and Asia Pacific segments. It offers integrated facilities management, project and development, portfolio administration, transaction management, and strategic consulting services; property management services, including client accounting, engineering and operations, lease compliance administration, project and development, and sustainability services; and self-performed facilities services, which include janitorial, maintenance, critical environment management, landscaping, and office services. The company also provides owner representation and tenant representation leasing services; capital market services, including investment sales and equity, and debt and structured financing for real estate purchase and sales transactions; and appraisal management, investment management, valuation advisory, portfolio advisory, diligence advisory, dispute analysis and litigation support, financial reporting, and property and/or portfolio valuation services on real estate debt and equity decisions. Cushman & Wakefield has strategic partnerships with Vanke Service (Hong Kong) Co., Limited. It serves real estate owners and occupiers, such as tenants, investors, and multi-national corporations. Cushman & Wakefield plc was founded in 1784 and is based in London, the United Kingdom.
Contact
125 Old Broad Street, London, EC2N 1AR
https://www.cushmanwakefield.com
IPO Date
Aug. 2, 2018
Employees
52000
Officers
Andrew Phipps
Head-Business Development, EMEA & Global Futurist
Ms. Megan McGrath
Senior Vice President of Investor Relations
Ms. Sal Companieh
Chief Digital & Information Officer
Mr. Brad Kreiger
Chief Marketing & Communications Officer
Ms. Noelle J. Perkins
Executive Vice President, General Counsel & Corporate Secretary
Ms. Michelle Marie MacKay
Chief Executive Officer & Director
Mr. Nathaniel Robinson
Chief Investment & Strategy Officer
Mr. Andrew McDonald
Global President & Chief Operating Officer
Ms. Laurida Sayed
Chief Accounting Officer
Mr. Neil O. Johnston
Executive Vice President & Chief Financial Officer