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

Sign in or create an account to add this stock to your watchlist.
$68.65 +0.02 (+0.03 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$68.65
Today's Range$68.25 - $69.16
52-Week Range$52.01 - $84.20
Volume51,900 shs
Average Volume40,569 shs
Market Capitalization$2.60 billion
P/E Ratio28.02
Dividend Yield0.15%
Beta1.58
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.

Receive CIGI News and Ratings via Email

Sign-up to receive the latest news and ratings for CIGI and its competitors with MarketBeat's FREE daily newsletter.

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$4.4006 per share
Book Value$7.45 per share

Profitability

Net Income$49.31 million

Miscellaneous

Employees12,000
Market Cap$2.60 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 given 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 announced that its Board of Directors has authorized a stock repurchase program on Friday, July 14th 2017, which allows the company to repurchase 2,700,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually 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) announced its earnings results on Wednesday, February, 13th. The financial services provider reported $1.77 EPS for the quarter, beating analysts' consensus estimates of $1.65 by $0.12. The financial services provider earned $889.88 million during the quarter, compared to analyst estimates of $866.25 million. Colliers International Group had a return on equity of 29.46% and a net margin of 3.46%. The firm's quarterly revenue was up 16.5% compared to the same quarter last year. During the same period last year, the firm posted $1.36 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 Tuesday, May 7th 2019. View Earnings Estimates for Colliers International Group.

What price target have analysts set for CIGI?

4 equities research analysts have issued 1 year price targets for Colliers International Group's shares. Their predictions range from $63.66 to $87.00. On average, they anticipate Colliers International Group's share price to reach $78.5533 in the next twelve months. This suggests a possible upside of 14.4% 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 coverage about CIGI stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Colliers International Group earned a coverage optimism score of 1.3 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several 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 62)
  • Mr. John B. Friedrichsen, Chief Financial Officer (Age 57)
  • Mr. Robert D. Hemming CGA, CPA, 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 a number of of institutional and retail investors. Top institutional shareholders include Beutel Goodman & Co Ltd. (3.41%), Connor Clark & Lunn Investment Management Ltd. (1.25%), Mawer Investment Management Ltd. (1.20%), Fiera Capital Corp (1.19%), PNC Financial Services Group Inc. (1.12%) and CIBC Asset Management Inc (1.09%). 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 Great West Life Assurance Co. Can, Bank of Montreal Can, Two Sigma Investments LP, Acadian Asset Management LLC, Two Sigma Advisers LP, PNC Financial Services Group Inc., Pembroke Management LTD and O Shaughnessy Asset Management LLC. 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 CIBC Asset Management Inc, Waratah Capital Advisors Ltd., Mackenzie Financial Corp, Canada Pension Plan Investment Board, Beutel Goodman & Co Ltd., Mawer Investment Management Ltd., Millennium Management LLC and Fenimore Asset Management 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 $68.65.

How big of a company is Colliers International Group?

Colliers International Group has a market capitalization of $2.60 billion and generates $2.83 billion in revenue each year. The financial services provider earns $49.31 million in net income (profit) each year or $2.45 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:  325 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  606
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 2/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel