16-May-2024
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Cushman & Wakefield Reports Financial Results for the First Quarter 2024
Business Wire (Mon, 29-Apr 4:05 PM ET)
Business Wire (Thu, 18-Apr 7:00 AM ET)
Cushman & Wakefield Honored as a 2024 VETS Indexes 5 Star Employer
Business Wire (Mon, 15-Apr 9:00 AM ET)
Business Wire (Thu, 11-Apr 9:00 AM ET)
Cushman & Wakefield to Release First Quarter 2024 Earnings on April 29
Business Wire (Wed, 10-Apr 4:30 PM ET)
Business Wire (Tue, 9-Apr 4:15 PM ET)
Cushman & Wakefield Appoints Luke Herbert as Global Treasurer
Business Wire (Mon, 8-Apr 5:21 PM ET)
Cushman & Wakefield Selected by MIT for Generative AI and the Work of the Future Study
Business Wire (Fri, 5-Apr 9:00 AM ET)
Cushman & Wakefield Appoints Jessica Francisco as Its First Chief Sustainability Officer
Business Wire (Thu, 4-Apr 1:59 PM ET)
Business Wire (Tue, 2-Apr 9:00 AM ET)
Cushman & Wakefield is one of the largest commercial real estate services firms in the world, with global headquarters in Chicago. The firm provides various real estate-related services to owners, occupiers, and investors. These include brokerage services for leasing and capital markets sales as well as advisory services such valuation, project management, and facilities management.
Cushman & Wakefield PLC trades on the NYSE stock market under the symbol CWK.
As of May 16, 2024, CWK stock price climbed to $11.65 with 2,243,944 million shares trading.
CWK has a beta of 2.42, meaning it tends to be more sensitive to market movements. CWK has a correlation of 0.33 to the broad based SPY ETF.
CWK has a market cap of $2.67 billion. This is considered a Mid Cap stock.
Last quarter Cushman & Wakefield PLC reported $2 billion in Revenue and $.00 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.03.
In the last 3 years, CWK stock traded as high as $23.54 and as low as $6.24.
The top ETF exchange traded funds that CWK belongs to (by Net Assets): IJR, VNQ, VTI, VB, IWM.
CWK has outperformed the market in the last year with a price return of +51.3% while the SPY ETF gained +29.6%. However, in the short term, CWK had mixed performance relative to the market. It has underperformed in the last 3 months, returning -0.2% vs +5.6% return in SPY. But in the last 2 weeks, CWK shares have fared better than the market returning +21.2% compared to SPY +5.7%.
CWK support price is $11.13 and resistance is $11.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CWK stock will trade within this expected range on the day.