NASDAQ:CIGIColliers International Group Stock Price, Forecast & News

$48.37

-0.11 (-0.23 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$47.33

Now: $48.37▼

$48.65

50-Day Range

$43.75

MA: $50.56▼

$58.63

52-Week Range

$33.93

Now: $48.37▼

$92.07

Volume211,875 shs

Average Volume286,096 shs

Market Capitalization$1.93 billion

P/E Ratio18.25

Dividend Yield0.21%

Beta1.69

Colliers International Group Inc. provides commercial real estate services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, Asia, Australasia, and internationally. The company offers sales brokerage services, which include purchases and sales, debt placement, equity capital raising, market value opinions, acquisition advisory, and transaction management services; and lease brokerage services comprising landlord and tenant representation services. It also provides outsourcing and advisory services that consist of property management and valuation services; and project management services, such as planning and advisory, development management, project and program management, and commissioning and energy services to academic, corporate, cultural and nonprofit, healthcare, hospitality, residential, and retail sectors, as well as federal, state, and municipal markets. In addition, the company offers capital market services comprising debt and equity finance, investment management, and valuation and appraisal services; property marketing services; and property research services. Further, it provides business and portfolio, supply chain and logistics, data center and digital, and workplace consulting services, as well as technology services. Additionally, the company offers services for various properties, including office, land, healthcare, industrial, retail, multi-family, hospitality, and special purpose properties. The company was founded in 1972 and is headquartered in Toronto, Canada.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Colliers 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, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $75.00, Colliers International Group has a potential upside of 55.1% from its current price of $48.37.
Amount of Analyst Coverage
Colliers International Group has only been the subject of 3 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Colliers International Group has received 416 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Colliers International Group has received 351 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Colliers International Group has received 54.24% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Colliers International Group is a leading dividend payer. It pays a dividend yield of 0.21%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Colliers International Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Colliers International Group is 3.89 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Colliers International Group will have a dividend payout ratio of 3.15 % next year. This indicates that Colliers International Group will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Colliers International Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,086,847.00 in company stock.
Percentage Held by Insiders
Only 15.30% of the stock of Colliers International Group is held by insiders.
Percentage Held by Institutions
70.32% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Colliers International Group are expected to grow by 168.64% in the coming year, from $1.18 to $3.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Colliers International Group is 18.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Colliers International Group is 18.25, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 12.03.
Price to Book Value per Share Ratio
Colliers International Group has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.48 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Real estate

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:CIGI

Previous SymbolNASDAQ:FSRV

CUSIPN/A

CIK913353

Webwww.colliers.com

Phone416-960-9500

Debt

Debt-to-Equity Ratio1.49

Current Ratio0.91

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio18.25

Forward P/E Ratio40.99

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.05 billion

Price / Sales0.63

Cash Flow$4.96 per share

Price / Cash Flow9.75

Book Value$12.98 per share

Price / Book3.73

Profitability

EPS (Most Recent Fiscal Year)$2.57

Net Income$102.90 million

Net Margins3.49%

Return on Equity22.33%

Return on Assets4.02%

Miscellaneous

Employees15,250

Outstanding Shares39,880,000

Market Cap$1.93 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableNot Optionable

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Colliers International Group (NASDAQ:CIGI) Frequently Asked Questions

How has Colliers International Group's stock been impacted by COVID-19 (Coronavirus)?

Colliers International Group's stock was trading at $72.27 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CIGI stock has decreased by 33.1% and is now trading at $48.37. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Colliers International Group's next earnings date?

Colliers International Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Colliers International Group.

How were Colliers International Group's earnings last quarter?

Colliers International Group Inc (NASDAQ:CIGI) announced its quarterly earnings results on Tuesday, April, 28th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.37. The financial services provider earned $630.60 million during the quarter, compared to analysts' expectations of $659.68 million. Colliers International Group had a return on equity of 22.33% and a net margin of 3.49%. The company's revenue was down .7% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 earnings per share. View Colliers International Group's earnings history.

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 Thursday, May 21st. Investors of record on Tuesday, June 30th will be given a dividend of $0.05 per share on Monday, July 13th. This represents a dividend yield of 0.2%. The ex-dividend date is Monday, June 29th. View Colliers International Group's dividend history.

What price target have analysts set for CIGI?

4 equities research analysts have issued 1-year target prices for Colliers International Group's shares. Their forecasts range from $70.00 to $80.00. On average, they expect Colliers International Group's share price to reach $75.00 in the next twelve months. This suggests a possible upside of 55.1% from the stock's current price. View analysts' price targets for Colliers International Group.

Has Colliers International Group been receiving favorable news coverage?

Media coverage about CIGI stock has trended negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Colliers International Group earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutColliers International Group.

Who are some of Colliers International Group's key competitors?

Some companies that are related to Colliers International Group include Brookfield Property Partners (BPY), FirstService (FSV), Hudson Pacific Properties (HPP), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Innovative Industrial Properties (IIPR), Office Properties Income Trust (OPI), Getty Realty (GTY), Urban Edge Properties (UE), Gazit Globe (GZTGF), Five Point (FPH), Forestar Group (FOR) and Armada Hoffler Properties (AHH). View all competitors.

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 Weyerhaeuser (WY), JPMorgan Chase & Co. (JPM), Simon Property Group (SPG), Caterpillar (CAT), Alibaba Group (BABA), Bank of America (BAC), Costco Wholesale (COST), Deere & Company (DE), DIGITAL RLTY TR/SH (DLR) and Enterprise Products Partners (EPD).

Who are Colliers International Group's key executives?

Colliers International Group's management team includes the following people:

Mr. Jay Steward Hennick, Founder, Global Chairman & CEO (Age 62)
Mr. John B. Friedrichsen, Chief Financial Officer (Age 57)
Mr. Robert D. Hemming CGA, CPA, Sr. VP & 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)

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 many different institutional and retail investors. Top institutional shareholders include Spruce House Investment Management LLC (14.35%), BloombergSen Inc. (5.52%), The Manufacturers Life Insurance Company (3.63%), CIBC Asset Management Inc (1.88%), Mackenzie Financial Corp (1.71%) and Invesco Ltd. (1.67%). Company insiders that own Colliers International Group stock include Spruce House Partnership Llc and Spruce House Partnership Lp. View institutional ownership trends for Colliers International Group.

Which major investors are selling Colliers International Group stock?

CIGI stock was sold by a variety of institutional investors in the last quarter, including BloombergSen Inc., Spruce House Investment Management LLC, Mackenzie Financial Corp, TimesSquare Capital Management LLC, 1832 Asset Management L.P., Connor Clark & Lunn Investment Management Ltd., CIBC World Markets Inc., and Morgan Stanley. View insider buying and selling activity for Colliers International Group.

Which major investors are buying Colliers International Group stock?

CIGI stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , CDAM UK Ltd, Invesco Ltd., CIBC Asset Management Inc, APG Asset Management N.V., William Blair Investment Management LLC, Cidel Asset Management Inc., and Hillsdale Investment Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Colliers International Group's stock price today?

One share of CIGI stock can currently be purchased for approximately $48.37.

How big of a company is Colliers International Group?

Colliers International Group has a market capitalization of $1.93 billion and generates $3.05 billion in revenue each year. The financial services provider earns $102.90 million in net income (profit) each year or $2.57 on an earnings per share basis. Colliers International Group employs 15,250 workers across the globe.

What is Colliers International Group's official website?

The official website for Colliers International Group is 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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff