Cushman & Wakefield (CWK)
Manages workplaces and advises occupiers and investors on commercial real estate transactions.
Something off on this page? Send us feedback.
Provides property and facilities management, project management, leasing, capital-markets, and valuation services to commercial real estate occupiers and investors worldwide. Recurring outsourced-services contracts anchor the revenue mix, while brokerage and financing fees depend on transaction activity and the Americas supplies most fee revenue.
Advises commercial real estate occupiers and investors while operating buildings and workplaces across the Americas, EMEA and Asia Pacific. Services—the largest line—combines property and facilities management, facilities services and project management, often through recurring multi-year contracts. Leasing represents owners and tenants; Capital markets handles property sales and arranges equity, debt and structured financing; Valuation and other covers appraisals, portfolio advice and related consulting.
An integrated platform lets multinational clients bundle workplace operations, transaction management and advisory work across markets. The Americas generates most fee revenue, and the United States is the largest country market. Recurring service contracts temper, but do not remove, exposure to leasing and capital-markets transaction volumes. Brokerage, management, valuation and debt-placement activities require licenses across many jurisdictions.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 17, 2026 | Barclays | Reiterate | Rating: —Target: $19 | Target: $16 |
| Aug 10, 2026 | UBS | Reiterate | Rating: —Target: $17 | Target: $15 |
| May 21, 2026 | Goldman Sachs | Target | Target: $25 | Target: $17 |
| Feb 9, 2026 | Wolfe Research | Target | Target: $14 | Target: $19 |
| Jan 16, 2026 | Morgan Stanley | Target | Target: $14.50 | Target: $19 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $500.5M · Total debt $3.03B · Total assets $7.55B · Shareholders' equity $2.02B
- Revenue
- $2.76B
- Operating income
- $134.2M
- Net income
- $52.7M
No dividends on record.
| Institutions | 97.50% | 228.86M shares | |
|---|---|---|---|
| 317 holders · as of Jun 30, 2026 | |||
| Insiders | 5.57% | 13.08M shares | |
| 15 holders · as of Sep 10, 2026 | |||
| Strategic holders | 8.38% | 19.67M shares | |
| 1 holder · as of Aug 21, 2023 | |||
| Adds to | 111.45% | ||
234.71M 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 111.45%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.39% | 33.78M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 10.54% | 24.74M | as of Jun 30, 2026 |
PAGAC Drone Holding GP I LtdStrategic | 8.38% | 19.67M | filed Aug 21, 2023 |
Dimensional Fund Advisors LPInstitution | 5.88% | 13.80M | as of Jun 30, 2026 |
Teachers Pension Plan Board OntarioInsider10 percent owner | 4.75% | 11.15M | filed Feb 14, 2022 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 8, 2026 | Nathaniel Robinson | officer: See Remarks | −12,500 | $13.39 |
| Aug 13, 2026 | Laurida Sayed | officer: See Remarks | −16,000 | $13.88 |
| Jun 4, 2026 | Nathaniel Robinson | officer: See Remarks | −24,828 | $13.25 |
| May 12, 2026 | Nathaniel Robinson | officer: See Remarks | −10,000 | $13.52 |
| Mar 3, 2026 | Nathaniel Robinson | officer: See Remarks | −10,000 | $13.50 |
- CBRE Group
World's largest CRE-services firm; head-to-head across every service line.
- Jones Lang LaSalle
Big Three CRE firm; head-to-head in leasing, capital markets, and PM/FM.
- Newmark Group
US CRE advisor with top capital markets platform and multifamily GSE lending.
- Colliers International Group
Global diversified CRE services, engineering, and investment management firm.
- Walker & Dunlop
Top US multifamily agency lender in GSE debt, investment sales, and servicing.
- Marcus & Millichap
Private-client and mid-market CRE investment-sales and financing brokerage.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cushman & Wakefield | $12.83 | −0.58% | $3.02B | 44.2 | 8.3 | 0.3 | +11.2% |
| CBRE Group | $140.74 | −1.73% | $41.47B | 32.8 | 17.5 | 1.0 | +15.1% |
| Jones Lang LaSalle | $334.12 | −1.75% | $15.65B | 16.3 | 12.8 | 0.6 | +10.8% |
| Newmark Group | $13.89 | −0.56% | $2.18B | 17.5 | 6.7 | 0.6 | +17.0% |
| Colliers International Group | $92.09 | −0.34% | $4.60B | 43.0 | 11.6 | 0.8 | +13.3% |
| Walker & Dunlop | $38.21 | −0.44% | $1.32B | 34.3 | 6.8 | 1.0 | +3.5% |
| Marcus & Millichap | $30.77 | −0.31% | $1.17B | 84.3 | 43.0 | 1.4 | +17.8% |
| Median | 33.6 | 12.2 | 0.9 | +14.2% |








