NASDAQ:CIGI Colliers International Group (CIGI) Stock Forecast, Price & News $101.20 +2.84 (+2.89%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$98.58▼$101.5550-Day Range$90.16▼$106.5052-Week Range$84.16▼$133.02Volume63,318 shsAverage Volume97,808 shsMarket Capitalization$4.30 billionP/E Ratio103.27Dividend Yield0.30%Price Target$133.17 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Colliers International Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside31.6% Upside$133.17 Price TargetShort InterestBearish2.55% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.48Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth16.22%From $6.78 to $7.88 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.2.87 out of 5 starsFinance Sector146th out of 851 stocksReal Estate Industry2nd out of 20 stocks 3.5 Analyst's Opinion Consensus RatingColliers International Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $133.17, Colliers International Group has a forecasted upside of 31.6% from its current price of $101.20.Amount of Analyst CoverageColliers International Group has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.55% of the float of Colliers International Group has been sold short.Short Interest Ratio / Days to CoverColliers International Group has a short interest ratio ("days to cover") of 8.5.Change versus previous monthShort interest in Colliers International Group has recently increased by 50.37%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 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 30.61%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Colliers International Group will have a dividend payout ratio of 3.81% 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 2.0 News and Social Media Coverage News SentimentColliers International Group has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment 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 Interest2 people have searched for CIGI on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Colliers International Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 Institutions65.89% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Colliers International Group are expected to grow by 16.22% in the coming year, from $6.78 to $7.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Colliers International Group is 103.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Colliers International Group is 103.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.28.Price to Book Value per Share RatioColliers International Group has a P/B Ratio of 8.53. 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. engages in the provision of commercial real estate services to corporate and institutional clients. It offers outsourcing and advisory services, lease brokerage, and sales brokerage. It operates through the following segments: Americas, EMEA, Asia Pacific, Investment Management, and Corporate. The Corporate segment includes the costs of global administrative functions and corporate head office. The company was founded on July 31, 1988 and is headquartered in Toronto, Canada.Read More 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 Stock News HeadlinesMay 31, 2023 | markets.businessinsider.comColliers International Group (CIGI) Gets a Buy from RBC CapitalMay 31, 2023 | americanbankingnews.comRoyal Bank of Canada Begins Coverage on Colliers International Group (NASDAQ:CIGI)June 7, 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!May 29, 2023 | americanbankingnews.comBrokerages Set Colliers International Group Inc. (NASDAQ:CIGI) PT at $137.75May 24, 2023 | finance.yahoo.comHigh-volume Pennsylvania warehouse markets show strengthMay 22, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Colliers International Group (NASDAQ:CIGI)May 17, 2023 | americanbankingnews.comColliers International Group Inc. (NASDAQ:CIGI) Short Interest UpdateMay 16, 2023 | msn.comColliers International declares CAD 0.15 dividendJune 7, 2023 | Behind the Markets (Ad)[BREAKING] Pentagon to Spend Billions on "Living Missile"Air Force Magazine calls it "transformational." The Wall Street Journal calls it one of the Pentagon's "highest priorities." National Defense Magazine reports "Eye-popping budget" for it. This small company won the first contract to build them!May 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 10, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for Colliers International Group Inc. Decreased by Raymond James (NASDAQ:CIGI)May 5, 2023 | americanbankingnews.comColliers International Group (NASDAQ:CIGI) Given New $133.00 Price Target at National BanksharesMay 5, 2023 | americanbankingnews.comColliers International Group (NASDAQ:CIGI) PT Lowered to $140.00 at TD SecuritiesMay 4, 2023 | americanbankingnews.comColliers International Group (NASDAQ:CIGI) Shares Gap Down to $105.29May 4, 2023 | americanbankingnews.comAnalysts Set Colliers International Group Inc. (NASDAQ:CIGI) Price Target at $137.50May 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 decisionMay 2, 2023 | finance.yahoo.comColliers Reports First Quarter ResultsMay 2, 2023 | finance.yahoo.comColliers adds top-tier engineering firmApril 30, 2023 | americanbankingnews.comColliers International Group (CIGI) Scheduled to Post Earnings on TuesdayApril 27, 2023 | finance.yahoo.comEarnings Preview: Cushman & Wakefield (CWK) Q1 Earnings Expected to DeclineApril 26, 2023 | americanbankingnews.comColliers International Group Inc. to Post Q1 2023 Earnings of $1.33 Per Share, Raymond James Forecasts (NASDAQ:CIGI)April 19, 2023 | theglobeandmail.comClosing Bell: Colliers International Group Inc up on Tuesday (CIGI)See More Headlines CIGI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIGI Company Calendar Last Earnings11/02/2021Today6/07/2023Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Next Earnings (Estimated)8/02/2023Fiscal 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$133.17 High Stock Price Forecast$150.00 Low Stock Price Forecast$120.00 Forecasted Upside/Downside+31.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.98 Trailing P/E Ratio103.27 Forward P/E Ratio14.93 P/E GrowthN/ANet Income$46.25 million Net Margins1.01% Pretax Margin5.75% Return on Equity47.44% Return on Assets4.87% Debt Debt-to-Equity Ratio3.73 Current Ratio1.04 Quick Ratio1.04 Sales & Book Value Annual Sales$4.46 billion Price / Sales0.96 Cash Flow$12.46 per share Price / Cash Flow8.12 Book Value$11.86 per share Price / Book8.53Miscellaneous Outstanding Shares42,460,000Free Float35,964,000Market Cap$4.30 billion OptionableNot Optionable Beta1.49 Social Links Key ExecutivesJay S. HennickGlobal Chairman & Chief Executive OfficerChristian MayerChief Financial OfficerAmith NijagalSenior Vice President-Process & ComplianceJohn Bryan MachadoExecutive Vice PresidentLisa McCaffreyExecutive Vice PresidentKey CompetitorsTerreno RealtyNYSE:TRNOKennedy-WilsonNYSE:KWInnovative Industrial PropertiesNYSE:IIPRCushman & WakefieldNYSE:CWKFirstServiceNASDAQ:FSVView All CompetitorsInstitutional OwnershipToroso Investments LLCBought 2,513 shares on 5/23/2023Ownership: 0.006%Ameriprise Financial Inc.Bought 2,388 shares on 5/22/2023Ownership: 1.538%Silvercrest Asset Management Group LLCBought 1,408 shares on 5/16/2023Ownership: 0.165%Steward Partners Investment Advisory LLCSold 167 shares on 5/16/2023Ownership: 0.052%Grayhawk Investment Strategies Inc.Bought 555 shares on 5/16/2023Ownership: 0.001%View All Institutional Transactions CIGI Stock - Frequently Asked Questions Should I buy or sell Colliers International Group stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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? 7 analysts have issued 1-year price objectives for Colliers International Group's shares. Their CIGI share price forecasts range from $120.00 to $150.00. On average, they predict the company's stock price to reach $133.17 in the next year. This suggests a possible upside of 31.6% 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 shares have increased by 10.0% and is now trading at $101.20. View the best growth stocks for 2023 here. When is Colliers International Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our CIGI earnings forecast. How were Colliers International Group's earnings last quarter? Colliers International Group Inc. (NASDAQ:CIGI) issued its quarterly earnings data on Tuesday, November, 2nd. The financial services provider reported $1.27 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.90. The financial services provider earned $1.02 billion during the quarter, compared to analysts' expectations of $795 million. Colliers International Group had a net margin of 1.01% and a trailing twelve-month return on equity of 47.44%. During the same period in the prior year, the business 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 16th. Stockholders 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 30.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIGI will have a dividend payout ratio of 3.81% 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 updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.40 billion-$4.60 billion, compared to the consensus revenue estimate of $4.65 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." Who are Colliers International Group's major shareholders? Colliers International Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FIL Ltd (8.70%), Jarislowsky Fraser Ltd (5.00%), BloombergSen Inc. (3.36%), Turtle Creek Asset Management Inc. (2.53%), Renaissance Technologies LLC (1.67%) and Ameriprise Financial Inc. (1.54%). 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 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 $101.20. How much money does Colliers International Group make? Colliers International Group (NASDAQ:CIGI) has a market capitalization of $4.30 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 $0.98 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 6/7/2023 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. 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