NASDAQ:CIGI Colliers International Group - CIGI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $104.43 +1.34 (+1.30%) (As of 03/21/2023 10:45 AM ET) Add Compare Share Share Today's Range$104.29▼$105.5250-Day Range$95.91▼$119.5552-Week Range$84.16▼$134.26Volume12,540 shsAverage Volume92,624 shsMarket Capitalization$4.37 billionP/E Ratio101.39Dividend Yield0.29%Price Target$136.80 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Colliers International Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside32.7% Upside$136.80 Price TargetShort InterestBearish1.59% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.48Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth7.74%From $7.36 to $7.93 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.2.66 out of 5 starsFinance Sector332nd out of 876 stocksReal Estate Industry4th out of 22 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 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $136.80, Colliers International Group has a forecasted upside of 32.7% from its current price of $103.09.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 Shorted1.59% 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 7.1.Change versus previous monthShort interest in Colliers International Group has recently increased by 36.21%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldColliers International Group has a dividend yield of 0.29%, 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 29.13%. 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 3.78% 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 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Colliers International Group this week, compared to 1 article on an average week.Search Interest5 people have searched for CIGI on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows1 people have added Colliers International Group to their MarketBeat watchlist in the last 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Colliers International Group are expected to grow by 7.74% in the coming year, from $7.36 to $7.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Colliers International Group is 100.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Colliers International Group is 100.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.24.Price to Book Value per Share RatioColliers International Group has a P/B Ratio of 8.69. 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 HeadlinesMarch 20, 2023 | americanbankingnews.comColliers International Group (NASDAQ:CIGI) Now Covered by Analysts at StockNews.comMarch 13, 2023 | americanbankingnews.comColliers International Group Inc. (NASDAQ:CIGI) Receives $141.00 Average Price Target from BrokeragesMarch 21, 2023 | Wealthy Millionaire (Ad)Stock With Groundbreaking TechThis under-the-radar stock's bulletproof patent could propel it into another dimension.March 1, 2023 | finance.yahoo.comColliers named one of the top three commercial real estate brandsFebruary 23, 2023 | finance.yahoo.comColliers real estate index drops slightly as Nashville braces for remainder of 2023February 22, 2023 | finance.yahoo.comColliers named to IAOP’s 2023 Global Outsourcing 100February 10, 2023 | finance.yahoo.comColliers International Group Inc. (NASDAQ:CIGI) Q4 2022 Earnings Call TranscriptFebruary 10, 2023 | morningstar.comColliers International Group Inc Shs Subord VotingMarch 21, 2023 | PressReach (Ad)This Stock Has Room To RunAnalysts believe this stock's product demand could rise quickly in the next few years.February 4, 2023 | finance.yahoo.comColliers International Group Inc.'s (TSE:CIGI) Intrinsic Value Is Potentially 38% Above Its Share PriceJanuary 13, 2023 | finance.yahoo.comColliers Report: Broward warehouse rents rise 32% year-over-yearDecember 18, 2022 | finance.yahoo.comReal Estate Investing For Beginners: 10 Best Stocks To BuyDecember 15, 2022 | finance.yahoo.comInvesting in Colliers International Group (TSE:CIGI) five years ago would have delivered you a 69% gainDecember 6, 2022 | finance.yahoo.comColliers expands offering in BelgiumDecember 6, 2022 | finance.yahoo.comColliers announces expansion in Belgium with the acquisition of BelSquareDecember 2, 2022 | finance.yahoo.comColliers completes acquisition of PangeaDecember 2, 2022 | finance.yahoo.comColliers completes Nordic acquisition of Pangea Property PartnersNovember 28, 2022 | finance.yahoo.comGlobal real estate company bolsters Wichita presence with new hireNovember 21, 2022 | finance.yahoo.comAre You Confident About the Growth Prospects of Colliers International Group (CIGI)?November 17, 2022 | finance.yahoo.comPackaging company is apparent tenant at recently leased 350,000 SF Triad industrial specNovember 15, 2022 | finance.yahoo.comSouth Florida medical office market set for growth, broker saysNovember 8, 2022 | finance.yahoo.comColliers International Group Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsNovember 7, 2022 | finance.yahoo.comShould You Buy Colliers International Group (CIGI) Shares Today?November 1, 2022 | finance.yahoo.comNashville's double-digit rent growth expected to halt in 2023, Colliers saysNovember 1, 2022 | finance.yahoo.comColliers Reports Third Quarter ResultsOctober 17, 2022 | finance.yahoo.comShould You Now Consider Disposing Your Colliers International Group (CIGI) Stake?October 17, 2022 | finance.yahoo.comColliers to announce third quarter results on November 1, 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Last Earnings11/02/2021Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Today3/21/2023Next Earnings (Estimated)5/02/2023Fiscal 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$136.80 High Stock Price Forecast$150.00 Low Stock Price Forecast$120.00 Forecasted Upside/Downside+32.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.03 Trailing P/E Ratio100.09 Forward P/E Ratio14.01 P/E GrowthN/ANet Income$46.25 million Net Margins1.04% Pretax Margin6.49% Return on Equity35.82% Return on Assets4.09% Debt Debt-to-Equity Ratio3.37 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$4.46 billion Price / Sales0.97 Cash Flow$11.85 per share Price / Cash Flow8.70 Book Value$11.86 per share Price / Book8.69Miscellaneous Outstanding Shares41,840,000Free Float35,435,000Market Cap$4.31 billion OptionableNot Optionable Beta1.48 Social Links Key ExecutivesJay S. HennickGlobal Chairman & Chief Executive OfficerChristian MayerChief Financial OfficerAmith NijagalSenior Vice President-Process & ComplianceJohn Bryan MachadoExecutive Vice PresidentRobert StammExecutive Vice PresidentKey CompetitorsTerreno RealtyNYSE:TRNOFirstServiceNASDAQ:FSVCushman & WakefieldNYSE:CWKKennedy-WilsonNYSE:KWInnovative Industrial PropertiesNYSE:IIPRView All CompetitorsInstitutional OwnershipVictory Capital Management Inc.Bought 18,180 shares on 3/10/2023Ownership: 1.347%Alliancebernstein L.P.Sold 525 shares on 2/16/2023Ownership: 0.010%1832 Asset Management L.P.Sold 1,960 shares on 2/15/2023Ownership: 0.218%Intact Investment Management Inc.Bought 490 shares on 2/15/2023Ownership: 0.163%Legal & General Group PlcSold 117 shares on 2/15/2023Ownership: 0.055%View All Institutional Transactions CIGI Stock - 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 year. 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 forecast for 2023? 6 Wall Street analysts have issued 12-month target prices for Colliers International Group's shares. Their CIGI share price forecasts range from $120.00 to $150.00. On average, they expect the company's stock price to reach $136.80 in the next year. This suggests a possible upside of 32.7% 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 2023? Colliers International Group's stock was trading at $92.04 at the start of the year. Since then, CIGI shares have increased by 12.0% and is now trading at $103.09. View the best growth stocks for 2023 here. Are investors shorting Colliers International Group? Colliers International Group saw a increase in short interest in February. As of February 28th, there was short interest totaling 577,800 shares, an increase of 36.2% from the February 13th total of 424,200 shares. Based on an average daily trading volume, of 81,300 shares, the short-interest ratio is currently 7.1 days. Approximately 1.6% of the company's stock are sold short. 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, May 2nd 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 Tuesday, November, 2nd. The financial services provider reported $1.27 earnings per share for the quarter, topping the consensus estimate 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 35.82% and a net margin of 1.04%. During the same quarter last year, the company 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, December 6th. Investors of record on Friday, December 30th will be paid a dividend of $0.15 per share on Friday, January 13th. This represents a yield of 0.3%. The ex-dividend date of this dividend is Thursday, December 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 0.29%. The dividend payout ratio is 29.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIGI will have a dividend payout ratio of 3.78% 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 Thursday, February, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.60 billion-$4.80 billion, compared to the consensus revenue estimate of $4.64 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 Jarislowsky Fraser Ltd (5.06%), BloombergSen Inc. (3.48%), Renaissance Technologies LLC (1.68%), Vulcan Value Partners LLC (1.40%), Victory Capital Management Inc. (1.35%) and Victory Capital Management Inc. (1.35%). 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 $103.09. How much money does Colliers International Group make? Colliers International Group (NASDAQ:CIGI) has a market capitalization of $4.31 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 $1.03 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 3/21/2023 by MarketBeat.com Staff 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. 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