NASDAQ:CIGIColliers International Group Stock Price, Forecast & News

Colliers International Group's stock was trading at $72.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CIGI shares have decreased by 20.7% and is now trading at $57.30. View which stocks have been most impacted by Coronavirus.

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.

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.

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

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

4 equities research analysts have issued 12-month price objectives for Colliers International Group's stock. 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 30.9% from the stock's current price. View analysts' price targets for Colliers International Group.

Media coverage about CIGI stock has trended negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Colliers International Group earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future. View the latest news about Colliers International Group.

Some companies that are related to Colliers International Group include Gecina (GECFF), 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), Urban Edge Properties (UE), Office Properties Income Trust (OPI), Getty Realty (GTY), Gazit Globe (GZTGF), Armada Hoffler Properties (AHH) and Forestar Group (FOR). View all competitors.

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).

Colliers International Group trades on the NASDAQ under the ticker symbol "CIGI."

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.

One share of CIGI stock can currently be purchased for approximately $57.30.

Colliers International Group has a market capitalization of $2.29 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.

The official website for Colliers International Group is www.colliers.com.

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]