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

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$69.43 +0.52 (+0.75 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$68.91
Today's Range$68.89 - $69.71
52-Week Range$52.01 - $84.20
Volume26,500 shs
Average Volume45,623 shs
Market Capitalization$2.64 billion
P/E Ratio28.34
Dividend Yield0.15%
Beta1.54
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.83 billion
Cash Flow$4.6817 per share
Book Value$10.35 per share

Profitability

Net Income$97.66 million

Miscellaneous

Employees13,927
Market Cap$2.64 billion
Next Earnings Date4/26/2019 (Confirmed)
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. Investors of record on Monday, December 31st will be given a dividend of $0.05 per share on Wednesday, January 9th. This represents a yield of 0.16%. The ex-dividend date 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 initiated a stock buyback 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Colliers International Group's earnings last quarter?

Colliers International Group Inc (NASDAQ:CIGI) announced its quarterly earnings results on Wednesday, February, 13th. The financial services provider reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.12. The financial services provider had revenue of $889.88 million for the quarter, compared to the consensus estimate of $866.25 million. Colliers International Group had a net margin of 3.46% and a return on equity of 28.18%. The company's revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period last year, the company earned $1.36 earnings per share. 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 Friday, April 26th 2019. View Earnings Estimates for Colliers International Group.

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

Colliers International Group will be holding an earnings conference call on Friday, April 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883000053.

What price target have analysts set for CIGI?

4 Wall Street analysts have issued 12 month price objectives for Colliers International Group's shares. Their forecasts range from $63.66 to $87.00. On average, they expect Colliers International Group's share price to reach $78.5533 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for Colliers International Group.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last year. There are currently 4 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 stories about CIGI stock have trended positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Colliers International Group earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely 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?

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 Activision Blizzard (ATVI), Workday (WDAY), American Tower (AMT), EQT (EQT), Macquarie Infrastructure (MIC), United Parcel Service (UPS), Veeva Systems (VEEV), Autodesk (ADSK), Alexion Pharmaceuticals (ALXN) and Celgene (CELG).

Who are Colliers International Group's key executives?

Colliers International Group's management team includes the folowing people:
  • Mr. Jay Steward Hennick, Founder, Global Chairman & CEO (Age 62)
  • Mr. John B. Friedrichsen, Chief Financial Officer (Age 57)
  • Mr. Robert D. Hemming CGA, CPA, Sr. VP & Chief Accounting Officer (Age 51)
  • Mr. Elias Mulamoottil, Head of Strategic Investments & Corp. Devel. (Age 49)
  • Mr. Dylan E. Taylor MBA, Chief Exec. Officer of Colliers Real Estate Services (Age 48)

Who are Colliers International Group's major shareholders?

Colliers International Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Pembroke Management LTD (1.22%), Kirr Marbach & Co. LLC IN (0.62%), Fenimore Asset Management Inc. (0.39%) and Hexavest Inc. (0.08%). View Institutional Ownership Trends for Colliers International Group.

Which institutional investors are selling Colliers International Group stock?

CIGI stock was sold by a variety of institutional investors in the last quarter, including Kirr Marbach & Co. LLC IN. View Insider Buying and Selling for Colliers International Group.

Which institutional investors are buying Colliers International Group stock?

CIGI stock was acquired by a variety of institutional investors in the last quarter, including Pembroke Management LTD, Fenimore Asset Management Inc. and Hexavest 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 $69.43.

How big of a company is Colliers International Group?

Colliers International Group has a market capitalization of $2.64 billion and generates $2.83 billion in revenue each year. The financial services provider earns $97.66 million in net income (profit) each year or $2.45 on an earnings per share basis. Colliers International Group employs 13,927 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:  334 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  630
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 4/23/2019 by MarketBeat.com Staff

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