CBIZ (CBZ)
Provides accounting, tax, advisory, benefits, insurance, payroll, and technology services.
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Runs a US professional-services platform for middle-market clients across Financial Services and Benefits and Insurance Services. Revenue comes from recurring client work, cross-selling, new client wins, and acquisitions, with Marcum expanding accounting, tax, advisory, and technology capacity.
Serves middle-market businesses nationwide through Financial Services and Benefits and Insurance Services. Financial Services covers accounting and tax, advisory, technology, and government health-care consulting, while Benefits and Insurance Services covers employee benefits, payroll and HCM, property-and-casualty brokerage, risk management, and retirement services.
Operates from a coast-to-coast US footprint, with offices in major markets and a model built on recurring client work, retention, cross-serving, new-client wins, and acquisitions. The Marcum transaction added scale inside accounting, tax, advisory, and technology work.
Depends on integrating acquired practices and coordinating service lines across accounting, insurance brokerage, benefits administration, payroll, and consulting. A legacy managed-networking contract remains inside the reporting structure after the National Practices segment was combined into Financial Services.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 16, 2026 | Barrington Research | Downgrade | ||
| Jul 30, 2026 | CJS Securities | Downgrade | ||
| Jul 30, 2026 | US Capital Advisors | Target | Target: — | Target: $55 |
| Jun 24, 2026 | Barrington | Target | Target: — | Target: $45 |
| May 1, 2026 | Stephens | Target | Target: $31 | Target: $37 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $20.9M · Total debt $1.91B · Total assets $4.57B · Shareholders' equity $1.87B
- Revenue
- $682.2M
- Operating income
- $34.1M
- Net income
- $18.6M
No dividends on record.
| Institutions | 95.71% | 51.94M shares | |
|---|---|---|---|
| 268 holders · as of Jun 30, 2026 | |||
| Insiders | 4.88% | 2.65M shares | |
| 15 holders · as of Sep 21, 2026 | |||
| Strategic holders | 4.99% | 2.71M shares | |
| 1 holder · as of Feb 14, 2020 | |||
| Adds to | 105.58% | ||
54.26M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 105.58%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
FMR LLCInstitution | 14.83% | 8.05M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 9.16% | 4.97M | as of Jun 30, 2026 |
Bank of Montreal /Can/Institution | 6.36% | 3.45M | as of Jun 30, 2026 |
22C Capital LLCInstitution | 5.90% | 3.20M | as of Jun 30, 2026 |
Cardinal Capital Management, LLCStrategic | 4.99% | 2.71M | filed Feb 14, 2020 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 13, 2026 | Rodney A. Young | director | +1,000 | $26.06 |
| Mar 13, 2026 | Brad S. Lakhia | officer: Senior Vice President & CFO | +12,775 | $25.97 |
| Mar 10, 2026 | Benaree Pratt Wiley | director | −17,956 | $26.39 |
| Dec 2, 2025 | Benaree Pratt Wiley | director | −8,288 | $49.54 |
| Nov 26, 2025 | Brad S. Lakhia | officer: Senior Vice President & CFO | +2,060 | $48.51 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CBIZ | $54.69 | +0.01% | $2.93B | 25.1 | 12.5 | 1.1 | −0.2% |
| FTI Consulting | $135.67 | −3.60% | $3.89B | 17.4 | 13.1 | 1.0 | +5.3% |
| Resources Connection | $3.98 | +0.13% | $136.7M | — | — | 0.3 | −23.8% |
| ADP | $269.31 | −0.23% | $107.90B | 24.7 | 22.0 | 4.9 | +6.8% |
| Paychex | $114.28 | −0.63% | $40.91B | 23.6 | 19.2 | 6.3 | +12.5% |
| Marsh McLennan | $169.77 | −1.71% | $82.42B | 21.1 | 15.5 | 2.9 | +6.2% |
| H&R Block | $43.11 | −3.12% | $5.64B | 7.8 | 6.9 | 1.4 | +3.1% |
| Intuit | $289.61 | −4.77% | $83.19B | 18.4 | 12.3 | 3.9 | +13.7% |
| Arthur J. Gallagher | $230.49 | −2.59% | $60.79B | 39.2 | 16.4 | 3.9 | +22.8% |
| Median | 21.1 | 15.5 | 3.4 | +6.5% |