CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. The company operates through three segments: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services segment offers accounting and tax, government healthcare consulting, financial advisory, valuation, and risk and advisory services. The Benefits and Insurance Services provides group health benefits consulting, payroll, property and casualty, and retirement plan services. The National Practices segment offers managed networking and hardware, and health care consulting services. It primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. The company was founded in 1987 and is headquartered in Cleveland, Ohio.
IPO Year:
Exchange: NYSE
Website: cbiz.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $80.00 → $86.00 | Neutral → Buy | Sidoti |
1/2/2024 | Buy → Neutral | Sidoti | |
10/30/2023 | $63.00 | Neutral → Buy | Sidoti |
9/5/2023 | $58.00 | Buy → Neutral | Sidoti |
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4 - CBIZ, Inc. (0000944148) (Issuer)
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4 - CBIZ, Inc. (0000944148) (Issuer)
4 - CBIZ, Inc. (0000944148) (Issuer)
4 - CBIZ, Inc. (0000944148) (Issuer)
4 - CBIZ, Inc. (0000944148) (Issuer)
4 - CBIZ, Inc. (0000944148) (Issuer)
4 - CBIZ, Inc. (0000944148) (Issuer)
4 - CBIZ, Inc. (0000944148) (Issuer)
CLEVELAND, Feb. 12, 2025 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) (the "Company") a leading national professional services advisor, will announce its financial results for the fourth quarter and full year ended December 31, 2024, before markets open on Wednesday, February 26, 2025. A conference call to discuss the Company's financial results will be hosted by CBIZ President and Chief Executive Officer Jerry Grisko and Chief Financial Officer Ware Grove at 11 a.m. (ET) on Wednesday, February 26, 2025. The conference call will be webcast live on the investor relations page of the
CBIZ, Inc. (NYSE:CBZ), a leading national professional services advisor, today announced the appointment of six new national industry leaders, marking a significant milestone in the ongoing integration of Marcum, which became part of CBIZ in November 2024. These appointments, effective Feb. 1, 2025, reinforce CBIZ's commitment to industry specialization and delivering tailored expertise to clients. The newly appointed leaders and their respective industries are: Michael Brooder – Technology & Life Sciences Doug Fahrnow – Professional Services Seth Goldblum – Private Equity Julie Jones – Not-For-Profit & Higher Education Michael Sacco – Consumer & Industrial Products Abe
CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading national professional services advisor, today announced the appointment of Kathy Raffa as an independent director to the Company's Board of Directors, effective Jan. 15, 2025. Ms. Raffa was added to the Board of Directors pursuant to CBIZ's acquisition of the non-attest assets of Marcum, which closed Nov. 1, 2024. Ms. Raffa was President of Raffa, PC, a top 100 accounting firm based in Washington, D.C., where she also served as an Audit Partner for over 25 years prior to its merger with Marcum in 2018. She then served as the Office Managing Partner for Marcum's offices in the D.C. region until her retirement in October 2023. Ms. Raffa ha
53% of CEOs Fear Tariffs' Financial Impact, Prompting Price Increases, Workforce Reductions and Delayed Investments CLEVELAND, Jan. 8, 2025 /PRNewswire/ -- The latest CBIZ-Hofstra University CEO Survey highlights pressing concerns for middle-market CEOs as they navigate the dual challenges of proposed tariffs and uncertainty surrounding U.S. tax policies. The survey sheds light on how these factors are shaping business strategies in a shifting economic environment. Tariffs emerged as a dominant issue, with 53.2% of CEOs expressing strong concern over their financial impact.Ta
CLEVELAND, Dec. 11, 2024 /PRNewswire/ -- The CBIZ Commercial Construction Index for the third quarter of 2024 reports that the construction industry retained momentum heading into the year's final months. The index, produced by the CBIZ National Construction Services group, reveals significant trends in both nonresidential and residential construction activities. Infrastructure projects and ongoing manufacturing megaprojects once again drove nonresidential construction activity. "Manufacturing-related construction spending remains extraordinarily elevated due to federally ince
The CBIZ Small Business Employment Index reports a pullback in hiring painting a picture of broadening economic weakness The CBIZ Small Business Employment Index ("SBEI") reported a seasonally adjusted decrease of 0.83% in November, marking the third consecutive month of declines. The CBIZ SBEI tracks payroll and hiring data for over 2,800 companies with 300 or fewer employees, providing broad insight into small business trends. "While there is optimism about the potential growth under the new administration, the fundamentals of the U.S. economy remain sobering," said Anna Rathbun, CFA, Chief Investment Officer, CBIZ Investment Advisory Services, LLC. "SBEI has been negative for five of
Lakhia will succeed Ware H. Grove, who is retiring after 24 years CLEVELAND, Dec. 3, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ), a leading national professional services advisor, announced today that Brad Lakhia will become its next Senior Vice President and Chief Financial Officer (CFO), succeeding Ware H. Grove who plans to retire after a successful 24-year tenure in the role. As part of a planned transition, Lakhia will assume the CFO role and join the CBIZ senior team on March 17, 2025. Lakhia brings nearly 30 years of successful experience leading and developing teams wit
The CBIZ Small Business Employment Index reports the second consecutive month of job losses The CBIZ Small Business Employment Index ("SBEI") reported a seasonally adjusted decrease of 0.58% in October, marking the second consecutive month of decline and the fourth negative month out of the past six. The CBIZ SBEI tracks payroll and hiring data for over 2,800 companies with 300 or fewer employees, providing broad insight into small business trends. "The weakness we're seeing in October isn't just an isolated occurrence; it's part of a broader trend," said Anna Rathbun, CFA, Chief Investment Officer, CBIZ Investment Advisory Services, LLC. "Recent SBEI data aligns with a softening labor
EXPECTED COMBINED ANNUALIZED REVENUE OF ~$2.8B CLEVELAND, Nov. 1, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ) (the "Company"), a leading national professional services advisor, today announced it has completed the acquisition of the non-attest business of Marcum LLP ("Marcum"), with expected combined annualized revenue of approximately $2.8 billion. The transaction makes CBIZ the largest full-service professional services advisor of its kind in the U.S. providing accounting, tax, advisory, benefits, insurance, and technology services, primarily to middle-market businesses. Conc
THIRD-QUARTER HIGHLIGHTS: TOTAL REVENUE OF $438.9 MILLION, UP 6.9%; SAME-UNIT REVENUE UP 5.1%NET INCOME UP 4.2%; ADJUSTED EBITDA UP 23.0%GAAP EPS UP 4.5%; ADJUSTED EPS UP 27.3%NINE-MONTH HIGHLIGHTS: TOTAL REVENUE OF $1.4 BILLION UP 7.1%; SAME-UNIT REVENUE UP 4.6%NET INCOME DOWN 1.5%; ADJUSTED EBITDA UP 7.0%GAAP EPS DOWN 0.8%; ADJUSTED EPS UP 7.5%CLEVELAND, Oct. 29, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the third quarter and nine months ended September 30, 2024.
4 - CBIZ, Inc. (0000944148) (Issuer)
Sidoti upgraded CBIZ from Neutral to Buy and set a new price target of $86.00 from $80.00 previously
Sidoti downgraded CBIZ from Buy to Neutral
Sidoti upgraded CBIZ from Neutral to Buy and set a new price target of $63.00
Sidoti downgraded CBIZ from Buy to Neutral and set a new price target of $58.00
8-K - CBIZ, Inc. (0000944148) (Filer)
8-K - CBIZ, Inc. (0000944148) (Filer)
8-K - CBIZ, Inc. (0000944148) (Filer)
10-Q - CBIZ, Inc. (0000944148) (Filer)
8-K/A - CBIZ, Inc. (0000944148) (Filer)
8-K - CBIZ, Inc. (0000944148) (Filer)
8-K - CBIZ, Inc. (0000944148) (Filer)
8-K - CBIZ, Inc. (0000944148) (Filer)
DEFA14A - CBIZ, Inc. (0000944148) (Filer)
DEFA14A - CBIZ, Inc. (0000944148) (Filer)
CLEVELAND, Feb. 12, 2025 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) (the "Company") a leading national professional services advisor, will announce its financial results for the fourth quarter and full year ended December 31, 2024, before markets open on Wednesday, February 26, 2025. A conference call to discuss the Company's financial results will be hosted by CBIZ President and Chief Executive Officer Jerry Grisko and Chief Financial Officer Ware Grove at 11 a.m. (ET) on Wednesday, February 26, 2025. The conference call will be webcast live on the investor relations page of the
EXPECTED COMBINED ANNUALIZED REVENUE OF ~$2.8B CLEVELAND, Nov. 1, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ) (the "Company"), a leading national professional services advisor, today announced it has completed the acquisition of the non-attest business of Marcum LLP ("Marcum"), with expected combined annualized revenue of approximately $2.8 billion. The transaction makes CBIZ the largest full-service professional services advisor of its kind in the U.S. providing accounting, tax, advisory, benefits, insurance, and technology services, primarily to middle-market businesses. Conc
THIRD-QUARTER HIGHLIGHTS: TOTAL REVENUE OF $438.9 MILLION, UP 6.9%; SAME-UNIT REVENUE UP 5.1%NET INCOME UP 4.2%; ADJUSTED EBITDA UP 23.0%GAAP EPS UP 4.5%; ADJUSTED EPS UP 27.3%NINE-MONTH HIGHLIGHTS: TOTAL REVENUE OF $1.4 BILLION UP 7.1%; SAME-UNIT REVENUE UP 4.6%NET INCOME DOWN 1.5%; ADJUSTED EBITDA UP 7.0%GAAP EPS DOWN 0.8%; ADJUSTED EPS UP 7.5%CLEVELAND, Oct. 29, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the third quarter and nine months ended September 30, 2024.
CLEVELAND, Oct. 15, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) (the "Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the third quarter ended September 30, 2024, before markets open on Tuesday, October 29, 2024. A conference call to discuss the Company's financial results will be hosted by CBIZ President and Chief Executive Officer Jerry Grisko and Chief Financial Officer Ware Grove at 11 a.m. (ET) on Tuesday, October 29, 2024. The conference call will be webcast live on the investor relations page of the CBI
SECOND-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 5.4%; SAME-UNIT REVENUE UP 2.8%GAAP EPS DOWN 26.4%; ADJUSTED EPS DOWN 9.1%; INCLUDES MARCUM ACQUISITION-RELATED EXPENSE OF $6.7MNET INCOME DOWN 26.3%; ADJUSTED EBITDA DOWN 6.9%SIX-MONTH HIGHLIGHTS: TOTAL REVENUE UP 7.2%; SAME-UNIT REVENUE UP 4.4%GAAP EPS DOWN 3.0%; ADJUSTED EPS UP 1.5%; INCLUDES MARCUM ACQUISITION-RELATED EXPENSE OF $6.7MNET INCOME DOWN 3.3%; ADJUSTED EBITDA UP 1.0%CLEVELAND, July 31, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the second quarter and six months ended June 30, 2024.
UPON CLOSING: CBIZ COMBINED ANNUAL REVENUE WILL BE ~$2.8BWILL SOLIDIFY CBIZ'S POSITION AS LEADING PROVIDER OF PROFESSIONAL ADVISORY SERVICES OF ITS KINDCBIZ WILL BECOME THE SEVENTH-LARGEST ACCOUNTING SERVICES PROVIDER IN THE U.S.CLEVELAND, July 31, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ) ("the Company"), a leading national provider of financial, insurance and advisory services, today announced that it has entered into a definitive agreement to acquire the non-attest business of Marcum, LLP ("Marcum"), which will make CBIZ the seventh-largest accounting services provider in the U.S. with approximately $2.8 billion in annual revenue.
CLEVELAND, July 22, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the second quarter ended June 30, 2024, before markets open on Wednesday, July 31, 2024. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m. (ET) on Wednesday, July 31, 2024. The conference call will be webcast live on the investor relations page of the CBIZ website at https://cbiz.gcs-web.com/investor-
FIRST-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 8.7%; SAME-UNIT REVENUE UP 5.9%GAAP EPS UP 6.3%; ADJUSTED EPS UP 5.5%NET INCOME UP 5.1%; ADJUSTED EBITDA UP 4.8%CLEVELAND, April 25, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) ("CBIZ" or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the first quarter ended March 31, 2024. For the 2024 first quarter, CBIZ recorded revenue of $494.3 million, an increase of $39.7 million, or 8.7%, compared with $454.6 million reported for the same period in 2023. Acquired operations contrib
CLEVELAND, April 11, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the first quarter ended March 31, 2024, before markets open on Thursday, April 25, 2024. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m. (ET) on Thursday, April 25, 2024. The conference call will be webcast live on the investor relations page of the CBIZ website at https://cbiz.gcs-web.com/investor
FOURTH-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 11.0%; SAME-UNIT REVENUE UP 6.8%FULL-YEAR HIGHLIGHTS: TOTAL REVENUE UP 12.7%; SAME-UNIT REVENUE UP 7.4%GAAP EPS UP 18.9%; ADJUSTED EPS UP 13.1%NET INCOME UP 14.8%; ADJUSTED EBITDA UP 17.7%2024 OUTLOOK: TOTAL REVENUE UP 7% TO 9%GAAP EPS UP 13% TO 15%; or $2.70 TO $2.75ADJUSTED EPS UP 12% TO 14%; or $2.70 TO $2.75CLEVELAND, Feb. 15, 2024 /PRNewswire/ -- CBIZ, Inc., (NYSE:CBZ) ("CBIZ", or the "Company"), a leading provider of financial, insurance and advisory services, today announced fourth-quarter and full-year results for the period ended December 31, 2023.
CBIZ, Inc. (NYSE:CBZ), a leading national professional services advisor, today announced the appointment of six new national industry leaders, marking a significant milestone in the ongoing integration of Marcum, which became part of CBIZ in November 2024. These appointments, effective Feb. 1, 2025, reinforce CBIZ's commitment to industry specialization and delivering tailored expertise to clients. The newly appointed leaders and their respective industries are: Michael Brooder – Technology & Life Sciences Doug Fahrnow – Professional Services Seth Goldblum – Private Equity Julie Jones – Not-For-Profit & Higher Education Michael Sacco – Consumer & Industrial Products Abe
CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading national professional services advisor, today announced the appointment of Kathy Raffa as an independent director to the Company's Board of Directors, effective Jan. 15, 2025. Ms. Raffa was added to the Board of Directors pursuant to CBIZ's acquisition of the non-attest assets of Marcum, which closed Nov. 1, 2024. Ms. Raffa was President of Raffa, PC, a top 100 accounting firm based in Washington, D.C., where she also served as an Audit Partner for over 25 years prior to its merger with Marcum in 2018. She then served as the Office Managing Partner for Marcum's offices in the D.C. region until her retirement in October 2023. Ms. Raffa ha
Lakhia will succeed Ware H. Grove, who is retiring after 24 years CLEVELAND, Dec. 3, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ), a leading national professional services advisor, announced today that Brad Lakhia will become its next Senior Vice President and Chief Financial Officer (CFO), succeeding Ware H. Grove who plans to retire after a successful 24-year tenure in the role. As part of a planned transition, Lakhia will assume the CFO role and join the CBIZ senior team on March 17, 2025. Lakhia brings nearly 30 years of successful experience leading and developing teams wit
CBIZ, Inc. (NYSE:CBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Donna Mirandola as its next Chief Marketing Officer, effective August 26, 2024, following a national search. She replaces Mark Waxman, who retired from the position at the end of 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807738729/en/CBIZ, Inc. has named Donna Mirandola as its next Chief Marketing Officer. (Photo: Business Wire) Mirandola brings 24 years of diversified B2B marketing and communications experience across technology, industrials and diversified professional services. With
CLEVELAND, March 6, 2024 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today it has acquired technology solutions provider, CompuData, Inc. (CompuData), of Philadelphia, PA, effective March 1, 2024. Founded in 1971, CompuData is a premier technology solutions provider for small and midsize organizations. They provide cloud computing, accounting ERP software, managed IT and security to clients with the tools to scale, protect, and streamline their organizations. CompuData is a Sage Diamond Part
CBIZ, Inc. (NYSE:CBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Jaileah (Leah) Huddleston as the company's new Chief Legal Officer and Corporate Secretary, effective Dec. 11. Huddleston replaces CBIZ's long-time General Counsel and Secretary Mike Gleespen, who retired in Aug. 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231108492372/en/Jaileah Huddleston, Chief Legal Officer, CBIZ (Photo: Business Wire) Huddleston joins CBIZ from Brown-Forman Corporation, a publicly traded Fortune 1000 company based in Louisville, KY, where she served as Vice President,
CLEVELAND, Feb. 9, 2023 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ) ("the Company"), a leading national provider of financial, insurance and advisory services, today announced the appointment of Rodney A. Young as independent director to the Company's Board of Directors, effective February 6, 2023. Mr. Young is currently the Chief Executive Officer of Delta Dental of Minnesota, one of the nation's largest oral health insurance companies. Mr. Young has held this role since 2012. Prior to joining Delta Dental of Minnesota, Mr. Young was the Chief Executive Officer and President of Ang
CLEVELAND, Aug. 12, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, today announced the appointment of Richard T. Marabito as independent director to the Company's Board of Directors, effective August 12, 2021. The appointment of Mr. Marabito comes as the CBIZ Board of Directors approved the expansion of its membership from 10 to 11 directors. Mr. Marabito will serve as an independent director and sit on the Audit Committee of the Board. Mr. Marabito currently serves as Chief Executive Officer of Olympic Steel, a national metals service center headquartered in Cleveland, Ohio that focuses on the direct sale of