Should I buy or sell Colliers International Group stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CIGI shares. View CIGI analyst ratings or view top-rated stocks .

What is Colliers International Group's stock price target for 2024?

7 brokers have issued 1 year target prices for Colliers International Group's shares. Their CIGI share price targets range from $125.00 to $150.00. On average, they anticipate the company's share price to reach $138.50 in the next twelve months. This suggests a possible upside of 28.1% from the stock's current price. View analysts price targets for CIGI or view top-rated stocks among Wall Street analysts .

How have CIGI shares performed in 2024?

Colliers International Group's stock was trading at $126.52 at the beginning of 2024. Since then, CIGI shares have decreased by 14.6% and is now trading at $108.09. View the best growth stocks for 2024 here .

When is Colliers International Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our CIGI earnings forecast .

How can I listen to Colliers International Group's earnings call?

Colliers International Group will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-674-7070 with passcode "803113#".

How were Colliers International Group's earnings last quarter?

Colliers International Group Inc. (NASDAQ:CIGI) posted its earnings results on Thursday, February, 8th. The financial services provider reported $1.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.84 by $0.01. The financial services provider had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.20 billion. Colliers International Group had a net margin of 1.51% and a trailing twelve-month return on equity of 32.94%.

How often does Colliers International Group pay dividends? What is the dividend yield for Colliers International Group?

Colliers International Group announced a Semi-Annual dividend on Tuesday, December 5th. Shareholders of record on Friday, December 29th will be given a dividend of $0.15 per share on Friday, January 12th. This represents a dividend yield of 0.3%. The ex-dividend date is Thursday, December 28th. Read our dividend analysis for CIGI .

Is Colliers International Group a good dividend stock?

Colliers International Group (NASDAQ:CIGI) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.28%. The dividend payout ratio is 22.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIGI will have a dividend payout ratio of 4.58% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CIGI .

What ETFs hold Colliers International Group's stock?

ETFs with the largest weight of Colliers International Group (NASDAQ:CIGI) stock in their portfolio include Argent Mid Cap ETF (AMID) and X-trackers International Real Estate ETF (HAUZ) . Avantis International Small Cap Equity ETF (AVDS) .

What guidance has Colliers International Group issued on next quarter's earnings?

Colliers International Group issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 5.890-6.420 for the period, compared to the consensus earnings per share estimate of 6.450. The company issued revenue guidance of $4.6 billion-$4.8 billion, compared to the consensus revenue estimate of $4.5 billion.

What is Jay Hennick's approval rating as Colliers International Group's CEO?

470 employees have rated Colliers International Group Chief Executive Officer Jay Hennick on Glassdoor.com . Jay Hennick has an approval rating of 88% among the company's employees. 74.0% of employees surveyed would recommend working at Colliers International Group to a friend.

What other stocks do shareholders of Colliers International Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Colliers International Group investors own include JPMorgan Chase & Co. (JPM) , Simon Property Group (SPG) , Weyerhaeuser (WY) , Caterpillar (CAT) , NVIDIA (NVDA) , Bank of America (BAC) , Costco Wholesale (COST) , Salesforce (CRM) , Deere & Company (DE) and Kimco Realty (KIM) .

Who are Colliers International Group's major shareholders?

Colliers International Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.26%) and Pathway Financial Advisors LLC (0.01%). View institutional ownership trends .

How do I buy shares of Colliers International Group?

Shares of CIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CIGI

Colliers International Group (CIGI) Stock Price, News & Analysis

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$107.36

-1.58 (-1.45%)

(As of 03:39 PM ET)

Compare

Today's Range: $105.54
▼
$109.29
50-Day Range: $108.94
▼
$129.04
52-Week Range: $83.38
▼
$131.05

Volume: 141,538 shs
Average Volume: 111,932 shs
Market Capitalization: $5.23 billion

P/E Ratio: 81.33
Dividend Yield: 0.28%
Price Target: $138.50

Get Colliers International Group alerts:

Colliers International Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 28.1% Upside
$138.50 Price Target
Short Interest: Bearish
1.82% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.48
Upright™ Environmental Score
News Sentiment: 0.69
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.55%
From $5.62 to $6.55 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.92 out of 5 stars

Finance Sector

37th out of 835 stocks

Real Estate Industry

1st out of 24 stocks

4.5

Analyst's Opinion

Consensus Rating
Colliers International Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Colliers International Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
1.82% of the outstanding shares of Colliers International Group have been sold short.
Short Interest Ratio / Days to Cover
Colliers International Group has a short interest ratio ("days to cover") of 7.7.
Change versus previous month
Short interest in Colliers International Group has recently increased by 4.92%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Colliers International Group has a dividend yield of 0.28%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Colliers International Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Colliers International Group is 22.73%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Colliers International Group will have a dividend payout ratio of 4.58% next year. This indicates that Colliers International Group will be able to sustain or increase its dividend.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Colliers International Group has received a 49.35% net impact score from Upright. FirstService seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Property damage services", "Renovation of residential buildings", and "Home cleaning services" products. See details.
Environmental Sustainability
The Environmental Impact score for Colliers International Group is -1.48.

2.6

News and Social Media Coverage

News Sentiment
Colliers International Group has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Colliers International Group this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for CIGI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Colliers International Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.30% of the stock of Colliers International Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
80.09% of the stock of Colliers International Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Colliers International Group are expected to grow by 16.55% in the coming year, from $5.62 to $6.55 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Colliers International Group is 81.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Colliers International Group is 81.89, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 59.68.
Price to Book Value per Share Ratio
Colliers International Group has a P/B Ratio of 5.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Colliers International Group Stock (NASDAQ:CIGI)

Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients. It also provides property management services comprising building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract management, and construction management; and project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management, and strategic project consulting. In addition, the company offers corporate and workplace solutions; occupier; workplace strategy; property marketing services; transaction brokerage services, including sales and leasing for corporations, financial institutions, pension funds, sovereign wealth funds, insurance companies, governments, and individuals; and capital markets services for property sales, debt finance, mortgage investment banking services, as well as landlord and tenant representation services. Further, the company provides investment management services that consists of asset management and investor advisory services. Colliers International Group Inc. was founded in 1972 and is headquartered in Toronto, Canada.

CIGI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CIGI Stock News Headlines

April 18, 2024 | americanbankingnews.com

Colliers International Group (NASDAQ:CIGI) Given New $135.00 Price Target at Scotiabank

April 17, 2024 | barrons.com

4 Stock Picks to Play a Commercial-Real-Estate Bottom, Says Analyst

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 13, 2024 | americanbankingnews.com

Colliers International Group Inc. (NASDAQ:CIGI) Receives Average Rating of "Buy" from Analysts

April 10, 2024 | globenewswire.com

Colliers adds market leader in Philadelphia

April 2, 2024 | globenewswire.com

Colliers Announces Voting Results

April 1, 2024 | finance.yahoo.com

With 71% ownership, Colliers International Group Inc. (TSE:CIGI) boasts of strong institutional backing

March 23, 2024 | seekingalpha.com

CIGI:CA Colliers International Group Inc.

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 20, 2024 | globenewswire.com

Colliers announces upcoming meeting and reporting dates

March 12, 2024 | nytimes.com

A 20-Year-Old Transcriber Is Turning Sheet Music Into Hot Content

February 28, 2024 | globenewswire.com

Colliers International Group Inc. Completes US$300 Million Bought Deal Public Offering of Equity

February 24, 2024 | msn.com

TFSA Investors: 3 Incredible Stocks for 2024

February 22, 2024 | finance.yahoo.com

CIGI Mar 2024 120.000 put

February 22, 2024 | msn.com

Colliers International announces $300M bought deal public offering of equity

February 22, 2024 | globenewswire.com

Colliers International Group Inc. Announces US$300 Million Bought Deal Public Offering of Equity

February 22, 2024 | finance.yahoo.com

Colliers recognized among best professional services firms by IAOP

February 22, 2024 | globenewswire.com

Colliers recognized among best professional services firms by IAOP

February 20, 2024 | finance.yahoo.com

AI Firms Are Hunting for A Lot of Office Space

February 9, 2024 | markets.businessinsider.com

Analysts Offer Insights on Real Estate Companies: Colliers International Group (CIGI) and NorthWest Healthcare Properties REIT (OtherNWHUF)

February 9, 2024 | finance.yahoo.com

Colliers International Group Inc. (NASDAQ:CIGI) Q4 2023 Earnings Call Transcript

February 8, 2024 | seekingalpha.com

Colliers International Group Inc. 2023 Q4 - Results - Earnings Call Presentation

February 7, 2024 | finance.yahoo.com

Colliers International Group Inc.'s (TSE:CIGI) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

January 23, 2024 | finanznachrichten.de

Colliers' Sankey Prasad appointed Chairman and Managing Director for India & CMD for Colliers Project Leaders Middle East

January 23, 2024 | wsj.com

Colliers International Group Inc.

January 11, 2024 | finance.yahoo.com

Hennick & Company Acquires Generational Real Estate in Manhattan

January 5, 2024 | ca.finance.yahoo.com

Colliers Canada CEO sees 'wonderful' opportunities in commercial real estate this year

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Real estate
Sub-Industry: N/A
Current Symbol: NASDAQ:CIGI
Previous Symbol: NASDAQ:FSRV
CUSIP: N/A
CIK: 913353
Web: www.colliers.com
Phone: (416) 960-9500
Fax: 416-960-5333
Employees: 19,230
Year Founded: 1976

Price Target and Rating

Average Stock Price Target: $138.50
High Stock Price Target: $150.00
Low Stock Price Target: $125.00
Potential Upside/Downside: +28.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.32
Trailing P/E Ratio: 81.46
Forward P/E Ratio: 19.13
P/E Growth: N/A
Net Income: $65.54 million
Net Margins: 1.51%
Pretax Margin: 4.91%
Return on Equity: 32.94%
Return on Assets: 4.37%

Debt

Debt-to-Equity Ratio: 1.76
Current Ratio: 1.02
Quick Ratio: 1.02

Sales & Book Value

Annual Sales: $4.34 billion
Price / Sales: 1.21
Cash Flow: $9.29 per share
Price / Cash Flow: 11.58
Book Value: $18.40 per share
Price / Book: 5.84

Miscellaneous

Outstanding Shares: 48,740,000
Free Float: 41,284,000
Market Cap: $5.24 billion
Optionable: Optionable
Beta: 1.46

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Key Executives

Mr. Christian Mayer (Age 51)
Chief Financial Officer
Comp: $375.17k
Mr. Elias Mulamoottil (Age 54)
Co-Chief Investment Officer
Comp: $375.17k
Mr. Zachary Michaud (Age 41)
Co-Chief Investment Officer
Comp: $375.17k
Mr. Christopher Ross McLernon BA (Age 59)
Chief Executive Officer of Real Estate Services Global
Comp: $759.38k
Mr. Jay Stewart Hennick CM (Age 67)
Global Chairman & CEO
Comp: $5.35M
Mr. Robert D. Hemming CGA (Age 56)
CPA, Senior VP & Chief Accounting Officer
Comp: $254.93k
Mr. Matthew Hawkins (Age 41)
Vice President of Legal Counsel & Corporate Secretary
Charlotte Williams
Head of Public Relations
Ms. Rebecca Finley (Age 48)
Chief Brand & People Officer
Comp: $1.58M
Mr. David Bowden
Chief Executive Officer of Colliers Real Estate Strategy & Consulting

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CIGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Colliers International Group stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CIGI shares.
View CIGI analyst ratings or view top-rated stocks.
What is Colliers International Group's stock price target for 2024?: 7 brokers have issued 1 year target prices for Colliers International Group's shares. Their CIGI share price targets range from $125.00 to $150.00. On average, they anticipate the company's share price to reach $138.50 in the next twelve months. This suggests a possible upside of 28.1% from the stock's current price.
View analysts price targets for CIGI or view top-rated stocks among Wall Street analysts.
How have CIGI shares performed in 2024?: Colliers International Group's stock was trading at $126.52 at the beginning of 2024. Since then, CIGI shares have decreased by 14.6% and is now trading at $108.09.
View the best growth stocks for 2024 here.
When is Colliers International Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CIGI earnings forecast.
How can I listen to Colliers International Group's earnings call?: Colliers International Group will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-674-7070 with passcode "803113#".
How were Colliers International Group's earnings last quarter?: Colliers International Group Inc. (NASDAQ:CIGI) posted its earnings results on Thursday, February, 8th. The financial services provider reported $1.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.84 by $0.01. The financial services provider had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.20 billion. Colliers International Group had a net margin of 1.51% and a trailing twelve-month return on equity of 32.94%.
How often does Colliers International Group pay dividends? What is the dividend yield for Colliers International Group?: Colliers International Group announced a Semi-Annual dividend on Tuesday, December 5th. Shareholders of record on Friday, December 29th will be given a dividend of $0.15 per share on Friday, January 12th. This represents a dividend yield of 0.3%. The ex-dividend date is Thursday, December 28th.
Read our dividend analysis for CIGI.
Is Colliers International Group a good dividend stock?: Colliers International Group (NASDAQ:CIGI) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.28%. The dividend payout ratio is 22.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIGI will have a dividend payout ratio of 4.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIGI.

What ETFs hold Colliers International Group's stock?: ETFs with the largest weight of Colliers International Group (NASDAQ:CIGI) stock in their portfolio include Argent Mid Cap ETF (AMID) and X-trackers International Real Estate ETF (HAUZ).Avantis International Small Cap Equity ETF (AVDS).
What guidance has Colliers International Group issued on next quarter's earnings?: Colliers International Group issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 5.890-6.420 for the period, compared to the consensus earnings per share estimate of 6.450. The company issued revenue guidance of $4.6 billion-$4.8 billion, compared to the consensus revenue estimate of $4.5 billion.
What is Jay Hennick's approval rating as Colliers International Group's CEO?: 470 employees have rated Colliers International Group Chief Executive Officer Jay Hennick on Glassdoor.com. Jay Hennick has an approval rating of 88% among the company's employees. 74.0% of employees surveyed would recommend working at Colliers International Group to a friend.
What other stocks do shareholders of Colliers International Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Colliers International Group investors own include JPMorgan Chase & Co. (JPM), Simon Property Group (SPG), Weyerhaeuser (WY), Caterpillar (CAT), NVIDIA (NVDA), Bank of America (BAC), Costco Wholesale (COST), Salesforce (CRM), Deere & Company (DE) and Kimco Realty (KIM).
Who are Colliers International Group's major shareholders?: Colliers International Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.26%) and Pathway Financial Advisors LLC (0.01%).
View institutional ownership trends.
How do I buy shares of Colliers International Group?: Shares of CIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CIGI) was last updated on 4/18/2024 by MarketBeat.com Staff

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