Cushman & Wakefield Ltd. is a US-listed company in the real estate services industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
~$16
Valuation models combined (2)
Base case. Range ~$6.7–$20. Weighted average of 2 models (forward price-to-earnings vs peers, forward price-to-sales vs peers).
Price vs value
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Cushman & Wakefield Ltd. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders0 buying, 2 selling0 purchases and 5 sales by directors and officers, last 12 monthsInsider trades
- Funds165 adding, 149 cuttingOf 53 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
- Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
Things to watch
- Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of 1.4 against the S&P 500.
Latest results
- Earnings per share
- $0.35 against an average estimate of $0.35: beat by 0.9%
- Share reaction
- -3.0% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
- Next report
- November 4, 2026; average EPS estimate $0.36
Price chart
- 1 day+7.7%
- 1 week+20.4%
- 1 month+20.2%
- This year-11.5%
- 1 year-8.7%
- 5 years-23.6%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 5, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- AnnouncementSEC 8-KRead source ↗
- Leadership
Cushman & Wakefield Ltd. announced a director or officer change
SEC 8-KRead source ↗ - Results
Cushman & Wakefield Ltd. reported results; made a public disclosure; disclosed a material event
SEC 8-KRead source ↗
Valuation models
We value Cushman & Wakefield Ltd. as an operating company, with every model that fits that kind of business. Cost of equity 10.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.2 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. | — | Does not apply: no revenue, margin or share count to start from |
| Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$20 ~$21–$27 | Included |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$6.7 ~$25–$53 | Included, half weight |
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$16 ~$6.7–$20 | 2 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Cushman & Wakefield Ltd. with Real Estate Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 4, 2026, before the open. Analysts expect revenue of $2.8bn and EPS of $0.36 (range $0.33 to $0.38) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.45 | +19% | $11.2bn | +9% |
| Next | $1.66 | +14% | $11.9bn | +6% |
Next year's EPS estimate has moved −0.2% in 90 days, across 12 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is −0.4% on 90 days ago. In the last 30 days, 4 analysts raised Cushman & Wakefield Ltd.'s forecast and 2 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $1.46 | $1.66 |
| 60 days ago | $1.47 | $1.72 |
| 30 days ago | $1.47 | $1.72 |
| 7 days ago | $1.46 | $1.68 |
| Now | $1.45 | $1.66 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.35 | $0.35 | +0.9% |
| Mar 2026 | $0.13 | $0.15 | +12.6% |
| Dec 2025 | $0.54 | $0.54 | +0.3% |
| Sept 2025 | $0.28 | $0.29 | +4.3% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 7.6% of tradable shares
- Days to cover
- 5.91 at average volume
- Short interest, 1 month
- −3% to October 15, 2026
- Held by institutions
- 98% of shares
- Held by insiders
- 0.8% of shares
- Employees
- 53,000 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| CWK | +50% | −44% | −13% | +21% | +24% | −12% |
| Industry peers (median) | +41% | −53% | +31% | +8% | −8% | −43% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| CWK | 58% | 42% | 42% | 42% | 58% | 64% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| CWK | −17% | −55% | −57% | −21% | −43% | −36% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since August 2, 2018: 72% from February 16, 2022 to October 25, 2023. Getting back needed a 255% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $11.04 – $17.20
- From 52-week high
- −16.7%
- vs 50-day average
- +14.3%
- vs 200-day average
- +7.2%
- Volatility (1 year)
- 46%
- Beta vs S&P 500
- 1.45
Share price after results
- Next day
- 4 up, 8 down typical move ±6.9%
- After a week
- 6 up, 6 down typical move ±10.2%
- After a month
- 6 up, 6 down typical move ±13.0%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 5, 2026 | −3.0% | −0.4% | −1.9% | −4.3% |
| May 7, 2026 | −1.9% | +0.5% | −11.3% | −8.4% |
| February 19, 2026 | −1.7% | +0.5% | +2.1% | −12.7% |
| October 30, 2025 | −5.0% | −0.8% | −6.7% | +0.6% |
| August 5, 2025 | +11.0% | +0.3% | +15.3% | +28.7% |
| April 29, 2025 | +4.0% | +0.7% | +9.2% | +12.4% |
| February 20, 2025 | −10.6% | −2.1% | −8.6% | −19.8% |
| November 4, 2024 | +16.4% | +1.0% | +15.7% | +16.0% |
| July 29, 2024 | −5.2% | −0.4% | −11.8% | −4.0% |
| April 29, 2024 | −0.7% | −1.2% | +4.1% | +10.8% |
| February 20, 2024 | −13.1% | −0.5% | −14.6% | −13.8% |
| October 30, 2023 | +10.3% | +1.8% | +21.3% | +24.6% |
Fundamentals
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Americas | $7.5B | 73.0% | ▲ 7.3% |
| Asia Pacific | $1.7B | 16.6% | ▲ 14.5% |
| Europe The Middle East and Africa | $1.1B | 10.4% | ▲ 11.8% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $7.1B | 68.8% | ▲ 5.9% |
| All Countries Excluding United States Australia Singapore | $2.3B | 22.2% | ▲ 19.2% |
| Australia | $502M | 4.9% | ▲ 7.6% |
| Singapore | $421M | 4.1% | ▲ 10.5% |
From Cushman & Wakefield Ltd.'s 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Who owns it
Funds buying and selling- Reported value
- $3B
- Institutions reporting
- 308
- Shares held vs prior quarter
- ▲ 6.0%
- Positions opened / closed
- 34 / 51
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Blackrock, Inc. | $452M | 33.8M | 14.9% | ▲ 48.9% |
| Vanguard Portfolio Management LLC | $331M | 24.7M | 10.9% | ▲ 1.5% |
| Dimensional Fund Advisors LP | $185M | 13.8M | 6.1% | ▲ 4.1% |
| Vanguard Capital Management LLC | $140M | 10.5M | 4.6% | ▲ 0.9% |
| State Street Corp | $128M | 9.6M | 4.2% | ▲ 4.8% |
| Vaughan Nelson Investment Management, L.P. | $124M | 9.3M | 4.1% | ▲ 2.3% |
| FMR LLC | $119M | 8.9M | 3.9% | ▲ 6.1% |
| Jpmorgan Chase & Co | $91.8M | 6.7M | 3.0% | ▲ 6.6% |
| Eurizon Capital Sgr S.P.A. | $91.3M | 6.8M | 3.0% | ▲ 35.5% |
| Geode Capital Management, LLC | $88.4M | 6.6M | 2.9% | ▲ 7.0% |
| Channing Capital Management, LLC | $74.6M | 5.6M | 2.5% | ▲ 2.0% |
| Victory Capital Management Inc | $69.4M | 5.2M | 2.3% | ▲ 7.1% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Cushman & Wakefield Ltd.'s complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Robinson Nathaniel See Remarks | September 8, 2026 | Sell | 12,500 | $13.39 | $167,375 |
| Sayed Laurida See Remarks | August 13, 2026 | Sell | 16,000 | $13.88 | $222,080 |
| Robinson Nathaniel See Remarks | June 4, 2026 | Sell | 24,828 | $13.25 | $328,971 |
| Robinson Nathaniel See Remarks | May 12, 2026 | Sell | 10,000 | $13.52 | $135,200 |
| Robinson Nathaniel See Remarks | March 3, 2026 | Sell | 10,000 | $13.50 | $135,000 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Trades by members of Congress
All 6 trades and filingsNo trades in Cushman & Wakefield Ltd. disclosed in the last 12 months; 6 earlier trades on record.
- Daniel S. GoldmanSale (full), $1,001 - $15,000, traded April 10, 2023, filed May 19, 2023
- Susie LeeSale (full), $1,001 - $15,000, traded November 30, 2022, filed December 29, 2022
- Susie LeePurchase, $1,001 - $15,000, traded June 28, 2021, filed July 13, 2021
Earnings dates and SEC filings
Results announcements
Next expected around October 29, 2026 estimated from the company's past filing pattern, not announced
- August 5, 2026
- May 7, 2026
- February 19, 2026
- October 30, 2025
- August 5, 2025
- April 29, 2025
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Cushman & Wakefield Ltd. in brief
- What does Cushman & Wakefield Ltd. do?
- Cushman & Wakefield Ltd. is a US-listed company in the real estate services industry. Its financial year ends in December.
- What is Cushman & Wakefield Ltd.'s stock ticker?
- Cushman & Wakefield Ltd. trades under the ticker CWK on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Cushman & Wakefield Ltd.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Cushman & Wakefield Ltd. stock?
- Over the last 12 months, Cushman & Wakefield Ltd.'s directors and officers reported 0 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.
- When is Cushman & Wakefield Ltd.'s next earnings date?
- Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Cushman & Wakefield Ltd. announces its own schedule.
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