Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI - Stifel Canada boosted their FY2026 earnings per share (EPS) estimates for Colliers International Group in a report issued on Wednesday, October 22nd. Stifel Canada analyst D. Young now expects that the financial services provider will post earnings per share of $6.97 for the year, up from their prior estimate of $6.96. The consensus estimate for Colliers International Group's current full-year earnings is $6.20 per share.
Other research analysts have also recently issued research reports about the stock. Scotiabank boosted their price target on shares of Colliers International Group from $170.00 to $185.00 and gave the company an "outperform" rating in a research report on Tuesday, September 16th. Weiss Ratings reissued a "hold (c)" rating on shares of Colliers International Group in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target on shares of Colliers International Group from $137.00 to $181.00 and gave the company a "neutral" rating in a research note on Tuesday, August 26th. Raymond James Financial increased their price target on shares of Colliers International Group from $170.00 to $180.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Finally, CIBC raised their target price on Colliers International Group from $175.00 to $179.00 and gave the stock an "outperform" rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Colliers International Group has an average rating of "Moderate Buy" and an average price target of $175.70.
Check Out Our Latest Stock Report on Colliers International Group
Colliers International Group Stock Performance
Shares of Colliers International Group stock opened at $169.29 on Friday. The business's 50 day moving average price is $161.13 and its 200 day moving average price is $140.24. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 76.95 and a beta of 1.44. Colliers International Group has a one year low of $100.86 and a one year high of $170.65.
Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI last announced its quarterly earnings data on Thursday, July 31st. The financial services provider reported $1.72 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.20. Colliers International Group had a return on equity of 20.82% and a net margin of 2.17%.The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the business posted $1.36 earnings per share. The firm's revenue was up 18.3% compared to the same quarter last year.
Hedge Funds Weigh In On Colliers International Group
Several institutional investors have recently bought and sold shares of the company. MQS Management LLC purchased a new stake in Colliers International Group during the 1st quarter worth approximately $527,000. Massachusetts Financial Services Co. MA raised its stake in shares of Colliers International Group by 4.1% in the first quarter. Massachusetts Financial Services Co. MA now owns 106,095 shares of the financial services provider's stock valued at $12,869,000 after acquiring an additional 4,153 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Colliers International Group by 13.9% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,435 shares of the financial services provider's stock valued at $174,000 after acquiring an additional 175 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Colliers International Group by 1.1% in the first quarter. Victory Capital Management Inc. now owns 697,015 shares of the financial services provider's stock valued at $84,548,000 after acquiring an additional 7,815 shares in the last quarter. Finally, Lincluden Management Ltd. raised its stake in shares of Colliers International Group by 7.2% in the first quarter. Lincluden Management Ltd. now owns 51,611 shares of the financial services provider's stock valued at $6,246,000 after acquiring an additional 3,479 shares in the last quarter. 80.09% of the stock is owned by institutional investors and hedge funds.
About Colliers International Group
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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.
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