Cushman & Wakefield Ltd. (CWK)

Cushman & Wakefield's stock experienced several notable events in the past six months. As of May 1st, 2026, shares were trading -4.93% below their 200-day moving average and underperformed the S&P500 Index by -14.83% over the past six months, but increased +46.98% over the past 365 days. On May 7, 2026, the company reported first-quarter 2026 results that exceeded analyst expectations, with adjusted earnings per share of $0.15 and revenue of $2.53 billion. The company's leasing revenue surged 19% and capital markets revenue rose 15% in Q1 2026. The firm also announced a non-cash pension buy-out settlement loss of $16.6 million in the U.K. and an $11.8 million non-cash servicing liability in the same quarter. Additionally, a report projected that AI will generate approximately 330 million square feet of additional commercial real estate demand in the U.S. over the next decade, and Tom Maloney was hired as Chair of Occupier Advisory Services.

The demand for Cushman & Wakefield's products and services exhibits seasonality, with activity generally peaking late in the year. The first quarter often reflects typical seasonality and a sequential decline in earnings and revenue compared to the stronger fourth quarter.

Cushman & Wakefield Ltd. is a leading global commercial real estate services firm operating in the Real Estate sector. Headquartered in Chicago, Illinois, it provides services to property owners, occupiers, tenants, and investors, including agency leasing, asset services, and investment management. The firm reported revenues of US$9.5 billion in 2023 and US$10.3 billion in 2025.

Cushman & Wakefield has a significant global presence with approximately 400 offices across 60 countries. Its operations are segmented into the Americas, EMEA, and APAC, managing about 5.1 billion square feet of commercial space globally.

Cushman & Wakefield maintains a strong brand reputation. The Lipsey Company named Cushman & Wakefield the No. 2 top real estate brand in March 2026. Forbes recognized Cushman & Wakefield on its list of America's Best Employers for Company Culture 2025. There have been no reported events negatively affecting Cushman & Wakefield's reputation in the past year.

Cushman & Wakefield is primarily owned by institutional shareholders, who hold approximately 87.25% to 90.32% of the company's shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Dimensional Fund Advisors LP. TPG Asia Advisors VI Inc. is the largest individual shareholder, owning 16.11% of the company. Other significant insider owners include Pagac Drone Holding GP I Ltd. and Ontario Teachers' Pension Plan Board.