NASDAQ:CIGI Colliers International Group (CIGI) Stock Forecast, Price & News $93.26 -0.10 (-0.11%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$91.30▼$93.3050-Day Range$93.26▼$115.8052-Week Range$84.16▼$129.95Volume138,227 shsAverage Volume98,581 shsMarket Capitalization$4.28 billionP/E Ratio621.73Dividend Yield0.32%Price Target$135.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Colliers International Group MarketRank™ ForecastAnalyst RatingBuy3.17 Rating ScoreUpside/Downside45.1% Upside$135.33 Price TargetShort InterestBearish1.86% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.48Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth17.89%From $6.54 to $7.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsFinance Sector354th out of 872 stocksReal Estate Industry8th out of 25 stocks 3.6 Analyst's Opinion Consensus RatingColliers International Group has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $135.33, Colliers International Group has a forecasted upside of 45.1% from its current price of $93.26.Amount of Analyst CoverageColliers International Group has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.86% of the outstanding shares of Colliers International Group have been sold short.Short Interest Ratio / Days to CoverColliers International Group has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in Colliers International Group has recently increased by 19.99%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldColliers International Group has a dividend yield of 0.31%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthColliers International Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Colliers International Group is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Colliers International Group will have a dividend payout ratio of 3.89% next year. This indicates that Colliers International Group will be able to sustain or increase its dividend. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreColliers International Group has received a 49.35% net impact score from Upright. FirstService seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Property damage services", "Renovation of residential buildings", and "Home cleaning services" products. See details.Environmental SustainabilityThe Environmental Impact score for Colliers International Group is -1.48. Previous Next 1.4 News and Social Media Coverage News SentimentColliers International Group has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Colliers International Group this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for CIGI on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Colliers International Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Colliers International Group insiders have not sold or bought any company stock.Percentage Held by Insiders15.30% of the stock of Colliers International Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions63.93% of the stock of Colliers International Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Colliers International Group are expected to grow by 17.89% in the coming year, from $6.54 to $7.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Colliers International Group is 621.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 117.62.Price to Earnings Ratio vs. SectorThe P/E ratio of Colliers International Group is 621.73, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 61.32.Price to Book Value per Share RatioColliers International Group has a P/B Ratio of 7.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Colliers International Group (NASDAQ:CIGI) StockColliers 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. It offers transaction brokerage services, including sales, leasing, and debt finance services, as well as landlord and tenant representation services; capital markets and investment services; and mortgage investment banking services. The company provides outsourcing and advisory services, such as corporate and workplace solutions; occupier; engineering and design, appraisal and valuation, and loan services; workplace strategy; property marketing; and research services. It also offers property management services comprising building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract management and, construction management; and project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management and strategic project consulting. In addition, the company provides investment management services that consists of asset management and investor advisory services. The company was founded in 1972 and is headquartered in Toronto, Canada.Read More CIGI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIGI Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comColliers International Group Inc. (NASDAQ:CIGI) Given Consensus Rating of "Buy" by AnalystsSeptember 26, 2023 | americanbankingnews.comColliers International Group Inc. (NASDAQ:CIGI) Receives $133.14 Consensus Target Price from BrokeragesOctober 3, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.September 24, 2023 | americanbankingnews.comColliers International Group (NASDAQ:CIGI) Rating Reiterated by Royal Bank of CanadaSeptember 22, 2023 | markets.businessinsider.comRBC Capital Remains a Buy on Colliers International Group (CIGI)September 7, 2023 | finance.yahoo.comInternet Provider Pilot Fiber NY and 5 Others Sign Deals in 1 WTCAugust 18, 2023 | theglobeandmail.comClosing Bell: Colliers International Group Inc up on Friday (CIGI)August 17, 2023 | theglobeandmail.comClosing Bell: Colliers International Group Inc down on Thursday (CIGI)October 3, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!August 3, 2023 | seekingalpha.comColliers International: EBITDA Beat And Unchanged Guidance Reinforce My Buy RatingAugust 2, 2023 | seekingalpha.comColliers International Group Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 2, 2023 | finance.yahoo.comColliers Reports Second Quarter ResultsAugust 2, 2023 | finance.yahoo.comColliers International (CIGI) Q2 Earnings and Revenues Miss EstimatesJuly 26, 2023 | finance.yahoo.comColliers International Group Inc.'s (TSE:CIGI) Intrinsic Value Is Potentially 49% Above Its Share PriceJuly 12, 2023 | bizjournals.comHBJ names Colliers' Patrick Duffy as Lifetime Achievement Award winner for Most Admired CEO AwardsJuly 12, 2023 | finance.yahoo.comColliers to Announce Second Quarter Results on August 2, 2023June 13, 2023 | finance.yahoo.comInvestors in Colliers International Group (TSE:CIGI) have seen respectable returns of 66% over the past three yearsMay 31, 2023 | markets.businessinsider.comColliers International Group (CIGI) Gets a Buy from RBC CapitalMay 24, 2023 | finance.yahoo.comHigh-volume Pennsylvania warehouse markets show strengthMay 16, 2023 | msn.comColliers International declares CAD 0.15 dividendMay 16, 2023 | finance.yahoo.comColliers Announces Changes to Board of DirectorsMay 16, 2023 | finance.yahoo.comColliers International Group Inc. (TSE:CIGI) is a favorite amongst institutional investors who own 74%May 2, 2023 | theglobeandmail.comClosing Bell: Colliers International Group Inc down on Monday (CIGI)May 2, 2023 | seekingalpha.comColliers International Group Inc. 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | markets.businessinsider.comColliers Shares Fall As Q1 Results Miss The Street, Cuts OutlookMay 2, 2023 | finance.yahoo.comColliers International (CIGI) Q1 Earnings Lag EstimatesMay 2, 2023 | finance.yahoo.comCANADA STOCKS-TSX falls as energy stocks drag; focus on Fed rate decisionSee More Headlines Receive CIGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Colliers International Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CIGI Company Calendar Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Last Earnings8/02/2023Today10/03/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CIGI Previous SymbolNASDAQ:FSRV CUSIPN/A CIK913353 Webwww.colliers.com Phone(416) 960-9500Fax416-960-5333Employees18,450Year Founded1976Price Target and Rating Average Stock Price Forecast$135.33 High Stock Price Forecast$150.00 Low Stock Price Forecast$128.00 Forecasted Upside/Downside+45.1%Consensus RatingBuy Rating Score (0-4)3.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.15 Trailing P/E Ratio621.73 Forward P/E Ratio14.26 P/E GrowthN/ANet Income$46.25 million Net Margins0.17% Pretax Margin4.82% Return on Equity47.47% Return on Assets5.14% Debt Debt-to-Equity Ratio2.31 Current Ratio1.04 Quick Ratio1.04 Sales & Book Value Annual Sales$4.46 billion Price / Sales0.96 Cash Flow$11.63 per share Price / Cash Flow8.02 Book Value$11.86 per share Price / Book7.86Miscellaneous Outstanding Shares45,890,000Free Float38,871,000Market Cap$4.28 billion OptionableNot Optionable Beta1.49 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Christian Mayer (Age 50)Chief Financial Officer Comp: $877.39kMr. Elias Mulamoottil (Age 53)Co-Chief Investment Officer Comp: $877.39kMr. Zachary Michaud (Age 40)Co-Chief Investment Officer Comp: $877.39kMr. Christopher Ross McLernon BA (Age 58)Chief Exec. Officer of Real Estate Services Global Comp: $6.84MMr. Robert D. Hemming CGA (Age 55)CPA, Sr. VP & Chief Accounting Officer Mr. Matthew Hawkins (Age 40)Head of National Office Agency & Devel. UK, VP, Legal Counsel and Corp. Sec. Charlotte WilliamsHead of PRMs. Rebecca Finley (Age 47)Chief Brand & People Officer Mr. David BowdenChief Exec. Officer of Colliers Real Estate Strategy & ConsultingMr. John W. Kenny CPVFAPI, FRICS, Chief Exec. Officer of Asia PacificMore ExecutivesKey CompetitorsTerreno RealtyNYSE:TRNOFirstServiceNASDAQ:FSVInnovative Industrial PropertiesNYSE:IIPRKennedy-WilsonNYSE:KWUrban Edge PropertiesNYSE:UEView All CompetitorsInstitutional OwnershipAlberta Investment Management CorpSold 11,961,498 shares on 8/24/2023Ownership: 1.171%Osaic Holdings Inc.Sold 94 shares on 8/21/2023Ownership: 0.001%Durable Capital Partners LPBought 393,686 shares on 8/17/2023Ownership: 2.028%Auxier Asset ManagementBought 2,300 shares on 8/17/2023Ownership: 0.021%Citadel Advisors LLCBought 600 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions CIGI Stock - Frequently Asked Questions Should I buy or sell Colliers International Group stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CIGI shares. View CIGI analyst ratings or view top-rated stocks. What is Colliers International Group's stock price forecast for 2023? 6 analysts have issued 1-year price objectives for Colliers International Group's shares. Their CIGI share price forecasts range from $128.00 to $150.00. On average, they anticipate the company's stock price to reach $135.33 in the next year. This suggests a possible upside of 45.1% from the stock's current price. View analysts price targets for CIGI or view top-rated stocks among Wall Street analysts. How have CIGI shares performed in 2023? Colliers International Group's stock was trading at $92.04 at the beginning of 2023. Since then, CIGI stock has increased by 1.3% and is now trading at $93.26. View the best growth stocks for 2023 here. Are investors shorting Colliers International Group? Colliers International Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 854,300 shares, an increase of 20.0% from the August 31st total of 712,000 shares. Based on an average daily volume of 102,100 shares, the days-to-cover ratio is currently 8.4 days. View Colliers International Group's Short Interest. When is Colliers International Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our CIGI earnings forecast. How were Colliers International Group's earnings last quarter? Colliers International Group Inc. (NASDAQ:CIGI) posted its quarterly earnings data on Wednesday, August, 2nd. The financial services provider reported $1.21 earnings per share for the quarter, missing analysts' consensus estimates of $1.35 by $0.14. The financial services provider had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.08 billion. Colliers International Group had a trailing twelve-month return on equity of 47.47% and a net margin of 0.17%. How often does Colliers International Group pay dividends? What is the dividend yield for Colliers International Group? Colliers International Group announced a Semi-Annual dividend on Tuesday, May 16th. Investors of record on Friday, June 30th will be given a dividend of $0.15 per share on Friday, July 14th. This represents a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, June 29th. Read our dividend analysis for CIGI. Is Colliers International Group a good dividend stock? Colliers International Group (NASDAQ:CIGI) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.31%. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CIGI will have a dividend payout ratio of 3.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CIGI. What guidance has Colliers International Group issued on next quarter's earnings? Colliers International Group issued an update on its FY23 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $6.70-7.50 for the period, compared to the consensus EPS estimate of $6.76. The company issued revenue guidance of $4.4-4.6 billion, compared to the consensus revenue estimate of $4.45 billion. What is Jay Hennick's approval rating as Colliers International Group's CEO? 470 employees have rated Colliers International Group Chief Executive Officer Jay Hennick on Glassdoor.com. Jay Hennick has an approval rating of 88% among the company's employees. 74.0% of employees surveyed would recommend working at Colliers International Group to a friend. 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 JPMorgan Chase & Co. (JPM), Simon Property Group (SPG), Weyerhaeuser (WY), Caterpillar (CAT), NVIDIA (NVDA), Bank of America (BAC), Costco Wholesale (COST), Salesforce (CRM), Deere & Company (DE) and Kimco Realty (KIM). What is Colliers International Group's stock symbol? Colliers International Group trades on the NASDAQ under the ticker symbol "CIGI." How do I buy shares of Colliers International Group? Shares of CIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Colliers International Group's stock price today? One share of CIGI stock can currently be purchased for approximately $93.26. How much money does Colliers International Group make? Colliers International Group (NASDAQ:CIGI) has a market capitalization of $4.28 billion and generates $4.46 billion in revenue each year. The financial services provider earns $46.25 million in net income (profit) each year or $0.15 on an earnings per share basis. How many employees does Colliers International Group have? The company employs 18,450 workers across the globe. How can I contact Colliers International Group? Colliers International Group's mailing address is 1140 BAY STREET SUITE 4000, TORONTO A6, M5S 2B4. The official website for the company is www.colliers.com. The financial services provider can be reached via phone at (416) 960-9500, via email at investorrelations@colliers.com, or via fax at 416-960-5333. This page (NASDAQ:CIGI) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Colliers International Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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