NASDAQ:CIGI - Colliers International Group Stock Price, News, & Analysis

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$57.1950 +0.04 (+0.07 %)
(As of 12/11/2018 11:29 AM ET)
Previous Close$57.16
Today's Range$57.10 - $58.3650
52-Week Range$46.60 - $84.20
Volume7,171 shs
Average Volume25,409 shs
Market Capitalization$2.30 billion
P/E Ratio18.94
Dividend Yield0.16%
Beta1.5
Colliers International Group Inc. provides commercial real estate services to corporations, financial institutions, governments, and individuals worldwide. The company's Sales and Lease Brokerage division offers transaction brokerage services, including landlord representation, tenant representation, and capital markets and investment services, as well as property management, leasing, and valuations. This division provides its services for various asset classes, including office, industrial, retail, multi-family, hotel, and mixed-use properties. Its Outsourcing & Advisory Services division offers portfolio management, transaction and project management, workplace solutions, strategic consulting, property and asset management, and other corporate real estate services, as well as lease administration and facilities management systems; and valuation and appraisal review and management, portfolio or single asset valuation, arbitration and consulting, various studies, tax appeals, and litigation support services. This segment also provides property level accounting, tenant service/relations and bidding, awarding and administering subcontracts for management and maintenance, landscaping, security, parking, capital, and tenant improvements services; and bid document review, construction monitoring and delivery management, contract administration and integrated cost control, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management, and strategic project consulting services. In addition, it offers visioning, change management, and strategic consulting services; property marketing services for commercial and residential projects; and research services for owners and landlords. The company was founded in 1972 and is based in Toronto, Canada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Real estate
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CIGI
Previous SymbolNASDAQ:FSRV
CUSIPN/A
Phone416-960-9500

Debt

Debt-to-Equity Ratio2.38
Current Ratio1.06
Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio18.94
Forward P/E Ratio22.88
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.28 billion
Price / Sales0.95
Cash Flow$4.1627 per share
Price / Cash Flow13.74
Book Value$7.45 per share
Price / Book7.68

Profitability

EPS (Most Recent Fiscal Year)$3.02
Net Income$49.31 million
Net Margins2.96%
Return on Equity31.08%
Return on Assets5.78%

Miscellaneous

Employees12,000
Outstanding Shares37,880,000
Market Cap$2.30 billion
OptionableNot Optionable

Colliers International Group (NASDAQ:CIGI) Frequently Asked Questions

What is Colliers International Group's stock symbol?

Colliers International Group trades on the NASDAQ under the ticker symbol "CIGI."

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

Colliers International Group announced a semiannual dividend on Friday, December 7th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.05 per share on Wednesday, January 9th. This represents a dividend yield of 0.16%. The ex-dividend date of this dividend is Friday, December 28th. View Colliers International Group's Dividend History.

How will Colliers International Group's stock buyback program work?

Colliers International Group declared that its Board of Directors has authorized a share repurchase program on Friday, July 14th 2017, which permits the company to repurchase 2,700,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Colliers International Group's earnings last quarter?

Colliers International Group Inc (NASDAQ:CIGI) posted its quarterly earnings data on Tuesday, October, 30th. The financial services provider reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.60. The financial services provider had revenue of $715.70 million for the quarter, compared to analysts' expectations of $698.53 million. Colliers International Group had a net margin of 2.96% and a return on equity of 31.08%. The business's revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.66 EPS. View Colliers International Group's Earnings History.

When is Colliers International Group's next earnings date?

Colliers International Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for Colliers International Group.

What price target have analysts set for CIGI?

3 brokers have issued 12-month target prices for Colliers International Group's stock. Their forecasts range from $85.00 to $87.00. On average, they anticipate Colliers International Group's stock price to reach $86.00 in the next twelve months. This suggests a possible upside of 47.8% from the stock's current price. View Analyst Price Targets for Colliers International Group.

What is the consensus analysts' recommendation for Colliers International Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Colliers International Group.

Has Colliers International Group been receiving favorable news coverage?

Media headlines about CIGI stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Colliers International Group earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Colliers International Group's key competitors?

Who are Colliers International Group's key executives?

Colliers International Group's management team includes the folowing people:
  • Mr. Jay Steward Hennick, Founder, CEO & Chairman (Age 61)
  • Mr. Dylan E. Taylor MBA, Pres & COO (Age 47)
  • Mr. John B. Friedrichsen, Chief Financial Officer (Age 56)
  • Mr. Robert D. Hemming CGA, CPA, Chief Accounting Officer (Age 50)
  • Mr. Elias Mulamoottil, Head of Strategic Investments & Corp. Devel. (Age 48)

Who are Colliers International Group's major shareholders?

Colliers International Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Beutel Goodman & Co Ltd. (3.30%), William Blair Investment Management LLC (3.21%), Vanguard Group Inc. (2.49%), Renaissance Technologies LLC (2.39%), Van Berkom & Associates Inc. (2.39%) and Burgundy Asset Management Ltd. (1.63%). View Institutional Ownership Trends for Colliers International Group.

Which major investors are selling Colliers International Group stock?

CIGI stock was sold by a variety of institutional investors in the last quarter, including Burgundy Asset Management Ltd., Van Berkom & Associates Inc., Deutsche Bank AG, Acadian Asset Management LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Beutel Goodman & Co Ltd. and Pembroke Management LTD. View Insider Buying and Selling for Colliers International Group.

Which major investors are buying Colliers International Group stock?

CIGI stock was bought by a variety of institutional investors in the last quarter, including PCJ Investment Counsel Ltd., Canada Pension Plan Investment Board, William Blair Investment Management LLC, Bank of Montreal Can, Nordea Investment Management AB, CIBC World Markets Inc., Alliancebernstein L.P. and Vanguard Group Inc.. View Insider Buying and Selling for Colliers International Group.

How do I buy shares of Colliers International Group?

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

What is Colliers International Group's stock price today?

One share of CIGI stock can currently be purchased for approximately $58.20.

How big of a company is Colliers International Group?

Colliers International Group has a market capitalization of $2.30 billion and generates $2.28 billion in revenue each year. The financial services provider earns $49.31 million in net income (profit) each year or $3.02 on an earnings per share basis. Colliers International Group employs 12,000 workers across the globe.

What is Colliers International Group's official website?

The official website for Colliers International Group is http://www.colliers.com.

How can I contact Colliers International Group?

Colliers International Group's mailing address is 1140 BAY STREET SUITE 4000, TORONTO A6, M5S 2B4. The financial services provider can be reached via phone at 416-960-9500 or via email at [email protected]


MarketBeat Community Rating for Colliers International Group (NASDAQ CIGI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  315 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  589
MarketBeat's community ratings are surveys of what our community members think about Colliers International Group and other stocks. Vote "Outperform" if you believe CIGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CIGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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