NASDAQ:CIGI

Colliers International Group (CIGI) Stock Price, News & Analysis

$115.89
-0.70 (-0.60%)
(As of 05/17/2024 ET)
Today's Range
$114.49
$116.89
50-Day Range
$104.04
$124.53
52-Week Range
$83.38
$131.05
Volume
98,219 shs
Average Volume
115,669 shs
Market Capitalization
$5.67 billion
P/E Ratio
56.53
Dividend Yield
0.26%
Price Target
$137.57

Colliers International Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
18.7% Upside
$137.57 Price Target
Short Interest
Healthy
1.74% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.48
Upright™ Environmental Score
News Sentiment
1.26mentions of Colliers International Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.93%
From $5.52 to $6.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

Finance Sector

79th out of 873 stocks

Real Estate Industry

2nd out of 25 stocks

CIGI stock logo

About Colliers International Group Stock (NASDAQ:CIGI)

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. It also provides 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 offers corporate and workplace solutions; occupier; workplace strategy; property marketing services; transaction brokerage services, including sales and leasing for corporations, financial institutions, pension funds, sovereign wealth funds, insurance companies, governments, and individuals; and capital markets services for property sales, debt finance, mortgage investment banking services, as well as landlord and tenant representation services. Further, the company provides investment management services that consists of asset management and investor advisory services. Colliers International Group Inc. was founded in 1972 and is headquartered in Toronto, Canada.

CIGI Stock Price History

CIGI Stock News Headlines

TSX Growth Companies With Up To 14% Insider Ownership
Colliers declares semi-annual dividend
Colliers Reports First Quarter Results
Colliers adds market leader in Philadelphia
Colliers Announces Voting Results
CIGI:CA Colliers International Group Inc.
CIGI Mar 2024 120.000 put
AI Firms Are Hunting for A Lot of Office Space
See More Headlines
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Company Calendar

Last Earnings
11/02/2021
Today
5/17/2024
Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
N/A
Current Symbol
NASDAQ:CIGI
Previous Symbol
NASDAQ:FSRV
Employees
19,230
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$137.57
High Stock Price Target
$145.00
Low Stock Price Target
$125.00
Potential Upside/Downside
+18.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$65.54 million
Pretax Margin
5.36%

Debt

Sales & Book Value

Annual Sales
$4.34 billion
Cash Flow
$9.35 per share
Book Value
$23.80 per share

Miscellaneous

Free Float
41,423,000
Market Cap
$5.67 billion
Optionable
Optionable
Beta
1.50

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Key Executives

  • Mr. Christian Mayer (Age 51)
    Chief Financial Officer
    Comp: $375.17k
  • Mr. Elias Mulamoottil (Age 54)
    Co-Chief Investment Officer
    Comp: $375.17k
  • Mr. Zachary Michaud (Age 41)
    Co-Chief Investment Officer
    Comp: $375.17k
  • Mr. Christopher Ross McLernon BA (Age 59)
    Chief Executive Officer of Real Estate Services Global
    Comp: $759.38k
  • Mr. Jay Stewart Hennick CM (Age 67)
    Global Chairman & CEO
    Comp: $5.35M
  • Mr. Robert D. Hemming CGA (Age 56)
    CPA, Senior VP & Chief Accounting Officer
    Comp: $254.93k
  • Mr. Matthew Hawkins (Age 41)
    Vice President of Legal Counsel & Corporate Secretary
  • Charlotte Williams
    Head of Public Relations
  • Ms. Rebecca Finley (Age 48)
    Chief Brand & People Officer
    Comp: $1.58M
  • Mr. David Bowden
    Chief Executive Officer of Colliers Real Estate Strategy & Consulting

CIGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Colliers International Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last twelve months. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 target for 2024?

6 equities research analysts have issued 12 month price targets for Colliers International Group's shares. Their CIGI share price targets range from $125.00 to $145.00. On average, they anticipate the company's stock price to reach $137.57 in the next year. This suggests a possible upside of 18.7% 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 2024?

Colliers International Group's stock was trading at $126.52 at the beginning of 2024. Since then, CIGI shares have decreased by 8.4% and is now trading at $115.89.
View the best growth stocks for 2024 here
.

When is Colliers International Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CIGI earnings forecast
.

How were Colliers International Group's earnings last quarter?

Colliers International Group Inc. (NASDAQ:CIGI) posted its quarterly earnings results on Tuesday, November, 2nd. The financial services provider reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.90. The financial services provider had revenue of $1.02 billion for the quarter, compared to analyst estimates of $795 million. Colliers International Group had a trailing twelve-month return on equity of 26.28% and a net margin of 2.25%. During the same period in the prior year, the firm earned $0.52 earnings per share.

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 14th. Investors of record on Friday, June 28th will be given a dividend of $0.15 per share on Friday, July 12th. This represents a dividend yield of 0.3%. The ex-dividend date is Friday, June 28th.
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 0.26%. The dividend payout ratio is 14.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIGI will have a dividend payout ratio of 4.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIGI.

What ETFs hold Colliers International Group's stock?

ETFs with the largest weight of Colliers International Group (NASDAQ:CIGI) stock in their portfolio include Argent Mid Cap ETF (AMID).X-trackers International Real Estate ETF (HAUZ).

What guidance has Colliers International Group issued on next quarter's earnings?

Colliers International Group issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of 5.890-6.420 for the period, compared to the consensus earnings per share estimate of 6.420. The company issued revenue guidance of $4.6 billion-$4.8 billion, compared to the consensus revenue estimate of $4.6 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).

Who are Colliers International Group's major shareholders?

Colliers International Group's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (2.66%), Burgundy Asset Management Ltd. (0.91%), 1832 Asset Management L.P. (0.59%), Clearbridge Investments LLC (0.33%), Epoch Investment Partners Inc. (0.32%) and Kirr Marbach & Co. LLC IN (0.29%).
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CIGI) was last updated on 5/18/2024 by MarketBeat.com Staff

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