Colliers International Group (CIGI) to Release Earnings on Thursday

Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI is projected to announce its Q2 2025 earnings results before the market opens on Thursday, July 31st. Analysts expect Colliers International Group to post earnings of $1.52 per share and revenue of $1.29 billion for the quarter.

Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI last announced its quarterly earnings results on Tuesday, May 6th. The financial services provider reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by ($0.04). Colliers International Group had a net margin of 2.92% and a return on equity of 20.20%. The firm had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter in the prior year, the business earned $0.77 EPS. The company's quarterly revenue was up 13.9% compared to the same quarter last year. On average, analysts expect Colliers International Group to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Colliers International Group Price Performance

Shares of CIGI stock traded up $1.84 during mid-day trading on Thursday, reaching $141.73. The stock had a trading volume of 157,774 shares, compared to its average volume of 118,766. The company has a market cap of $7.01 billion, a P/E ratio of 49.73 and a beta of 1.39. The business has a 50-day simple moving average of $128.88 and a 200 day simple moving average of $127.06. Colliers International Group has a 12-month low of $100.86 and a 12-month high of $156.96. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.24.

Colliers International Group Announces Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Monday, July 14th. Investors of record on Monday, June 30th were given a dividend of $0.15 per share. This represents a yield of 0.2%. The ex-dividend date of this dividend was Monday, June 30th. Colliers International Group's dividend payout ratio is presently 10.53%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Colliers International Group stock. Goldman Sachs Group Inc. lifted its holdings in Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI by 78.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 129,415 shares of the financial services provider's stock after purchasing an additional 56,755 shares during the quarter. Goldman Sachs Group Inc. owned 0.26% of Colliers International Group worth $15,698,000 as of its most recent filing with the SEC. 80.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the company. Citizens Jmp assumed coverage on Colliers International Group in a report on Monday. They issued a "market perform" rating for the company. JMP Securities started coverage on Colliers International Group in a research note on Monday. They issued a "market perform" rating on the stock. Stifel Nicolaus reduced their price objective on Colliers International Group from $165.00 to $160.00 and set a "buy" rating on the stock in a research note on Monday, April 28th. Scotiabank reduced their price objective on Colliers International Group from $165.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. reduced their price objective on Colliers International Group from $167.00 to $142.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $160.80.

About Colliers International Group

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.