Stifel Canada Has Optimistic Outlook of CIGI FY2025 Earnings

Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI - Research analysts at Stifel Canada lifted their FY2025 earnings per share (EPS) estimates for shares of Colliers International Group in a research report issued to clients and investors on Sunday, April 27th. Stifel Canada analyst D. Young now anticipates that the financial services provider will post earnings per share of $6.01 for the year, up from their prior estimate of $5.98. The consensus estimate for Colliers International Group's current full-year earnings is $6.20 per share. Stifel Canada also issued estimates for Colliers International Group's FY2026 earnings at $6.89 EPS.

Several other equities analysts also recently commented on the company. CIBC started coverage on Colliers International Group in a report on Tuesday, March 4th. They set a "sector outperform" rating and a $160.00 price target on the stock. StockNews.com downgraded shares of Colliers International Group from a "buy" rating to a "hold" rating in a report on Thursday, March 20th. The Goldman Sachs Group lowered their price target on Colliers International Group from $165.00 to $145.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Colliers Securities set a $160.00 target price on Colliers International Group in a research note on Tuesday, March 4th. Finally, Cibc World Mkts raised Colliers International Group to a "strong-buy" rating in a research report on Tuesday, March 4th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $161.80.

Colliers International Group Trading Up 0.6 %

NASDAQ:CIGI opened at $117.96 on Wednesday. The company has a market capitalization of $5.82 billion, a P/E ratio of 36.98 and a beta of 1.36. The stock's 50 day moving average price is $119.71 and its 200 day moving average price is $134.96. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.06 and a current ratio of 1.06. Colliers International Group has a 52 week low of $100.86 and a 52 week high of $156.96.

Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI last released its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.87 earnings per share for the quarter, missing the consensus estimate of $2.40 by ($0.53). Colliers International Group had a net margin of 3.35% and a return on equity of 20.38%.

Hedge Funds Weigh In On Colliers International Group

Several institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC increased its stake in shares of Colliers International Group by 1,752.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 315 shares of the financial services provider's stock valued at $43,000 after buying an additional 298 shares in the last quarter. Plato Investment Management Ltd increased its position in Colliers International Group by 16.0% in the 4th quarter. Plato Investment Management Ltd now owns 856 shares of the financial services provider's stock valued at $117,000 after acquiring an additional 118 shares in the last quarter. Tobam raised its stake in shares of Colliers International Group by 12.0% in the fourth quarter. Tobam now owns 913 shares of the financial services provider's stock worth $124,000 after acquiring an additional 98 shares during the last quarter. Central Pacific Bank Trust Division lifted its position in shares of Colliers International Group by 10.0% during the first quarter. Central Pacific Bank Trust Division now owns 1,100 shares of the financial services provider's stock worth $133,000 after purchasing an additional 100 shares in the last quarter. Finally, Venturi Wealth Management LLC bought a new stake in shares of Colliers International Group during the fourth quarter valued at approximately $145,000. Institutional investors own 80.09% of the company's stock.

Colliers International Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.