Colliers International Group Inc. is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate. It is engaged in the transaction brokerage business, which provides services in sales and leasing for commercial clients. The Sales and Lease Brokerage Division executes transactions across a client base, including corporations, financial institutions, governments and individuals. It provides services for sales, leases and mortgages in various areas, such as landlord representation, tenant representation, and capital markets and investment services. The Outsourcing and Advisory Services Division provides appraisal and valuation services; facility, property and asset management services; project management services, and research for commercial real estate clients.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Real Estate Services - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:CIGI
- CUSIP: N/A
- Web: www.colliers.com
Capitalization:- Market Cap: $2.054 billion
- Outstanding Shares: 38,821,000
Average Prices:- 50 Day Moving Avg: $54.95
- 200 Day Moving Avg: $48.10
- 52 Week Range: $34.20 - $60.75
P/E:- Trailing P/E Ratio: 28.55
- Foreward P/E Ratio: 24.17
- P/E Growth: 1.28
Sales & Book Value:- Annual Revenue: $1.94 billion
- Price / Sales: 1.11
- Book Value: $5.52 per share
- Price / Book: 10.03
Dividend:- Annual Dividend: $0.10
- Dividend Yield: 0.2%
Profitability:- EBIDTA: $200.8 million
- Net Margins: 3.87%
- Return on Equity: 51.57%
- Return on Assets: 8.57%
Debt:- Debt-to-Equity Ratio: 1.81%
- Current Ratio: 1.11%
- Quick Ratio: 1.11%
Misc:- Average Volume: 42,314 shs.
- Beta: 1.74
- Short Ratio: 2.61
Frequently Asked Questions for Colliers International Group (NASDAQ:CIGI)
What is Colliers International Group's stock symbol?
Colliers International Group trades on the NASDAQ under the ticker symbol "CIGI."
How often does Colliers International Group pay dividends? What is the dividend yield for Colliers International Group?
Colliers International Group announced a semiannual dividend on Friday, May 19th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.05 per share on Wednesday, July 12th. This represents a yield of 0.19%. The ex-dividend date is Wednesday, June 28th. View Colliers International Group's Dividend History.
How will Colliers International Group's stock buyback program work?
Colliers International Group announced that its Board of Directors has approved a share buyback program on Friday, July 14th 2017, which authorizes the company to repurchase 2,700,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were Colliers International Group's earnings last quarter?
Colliers International Group Inc. (NASDAQ:CIGI) announced its quarterly earnings results on Tuesday, May, 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.11. The company earned $422.80 million during the quarter, compared to the consensus estimate of $404.95 million. Colliers International Group had a return on equity of 51.57% and a net margin of 3.87%. The business's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.19 earnings per share. View Colliers International Group's Earnings History.
Where is Colliers International Group's stock going? Where will Colliers International Group's stock price be in 2017?
6 equities research analysts have issued 1-year price targets for Colliers International Group's stock. Their predictions range from $58.00 to $81.00. On average, they expect Colliers International Group's share price to reach $68.75 in the next twelve months. View Analyst Ratings for Colliers International Group.
Who are some of Colliers International Group's key competitors?
Some companies that are related to Colliers International Group include Kennedy-Wilson Holdings (KW), Nationstar Mortgage Holdings (NSM), HFF (HF), SouFun Holdings Limited (SFUN), Purplebricks Group PLC (PURP), Savills plc (SVS), RE/MAX Holdings (RMAX), Marcus & Millichap (MMI), Altisource Portfolio Solutions S.A. (ASPS), Landmark Infrastructure Partners LP (LMRK), LSL Property Services plc (LSL), Reis (REIS), Leju Holdings Limited (LEJU), Belvoir Lettings PLC (BLV), HML Holdings plc (HMLH), American Farmland Co (AFCO), Colliers International Group (FSRV) and E-House (China) Holdings Limited (EJ).
Who are Colliers International Group's key executives?
Colliers International Group's management team includes the folowing people:
- Jay S. Hennick, Chairman of the Board, Chief Executive Officer
- Dylan E. Taylor, President, Chief Operating Officer
- Peter F. Cohen, Independent Vice Chairman of the Board
- John B. Friedrichsen, Chief Financial Officer
- Robert D. Hemming, Senior Vice President, Chief Accounting Officer
- Christine Schultz, Chief Marketing Officer
- Christian Mayer, Vice President - Finance, Treasurer
- Matthew Hawkins, Vice President - Legal Counsel and Corporate Secretary
- Elias Mulamoottil, Global Head - Mergers and Acquisitions
- A. Lynda Cralli, Assistant Corporate Secretary
Who owns Colliers International Group stock?
Colliers International Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Van Berkom & Associates Inc. (3.30%), Kirr Marbach & Co. LLC IN (0.65%), Bank of Montreal Can (0.45%), Acadian Asset Management LLC (0.35%), Russell Investments Group Ltd. (0.07%) and Aperio Group LLC (0.05%). View Institutional Ownership Trends for Colliers International Group.
Who sold Colliers International Group stock? Who is selling Colliers International Group stock?
Who bought Colliers International Group stock? Who is buying Colliers International Group stock?
How do I buy Colliers International Group stock?
Shares of Colliers International Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Colliers International Group's stock price today?
One share of Colliers International Group stock can currently be purchased for approximately $55.35.
MarketBeat Community Rating for Colliers International Group (NASDAQ CIGI)MarketBeat's community ratings are surveys of what our community members think about Colliers International Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Colliers International Group (NASDAQ:CIGI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.83) |
| Consensus Price Target: | $68.75 (24.21% upside) |
Analysts' Ratings History for Colliers International Group (NASDAQ:CIGI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/17/2017 | Sidoti | Downgrade | Buy -> Neutral | | High |  |
| 6/26/2017 | Royal Bank Of Canada | Set Price Target | Buy | $58.00 | N/A | |
| 5/3/2017 | Scotiabank | Boost Price Target | Outperform | $66.00 -> $76.00 | Low | |
| 5/3/2017 | Raymond James Financial, Inc. | Boost Price Target | Outperform | $57.00 -> $81.00 | Low | |
| 5/3/2017 | BMO Capital Markets | Reiterated Rating | Outperform | $60.00 | High | |
| 2/16/2017 | CIBC | Upgrade | Sector Perform -> Sector Outperform | | N/A | |
(Data available from 7/26/2015 forward)
Earnings History for Colliers International Group (NASDAQ:CIGI)Earnings History by Quarter for Colliers International Group (NASDAQ CIGI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/2/2017 | 3/31/2017 | $0.22 | $0.33 | $404.95 million | $422.80 million | View | Listen | |
| 2/15/2017 | Q416 | $1.06 | $1.22 | $606.84 million | $576.00 million | View | Listen | |
| 10/28/2016 | Q316 | $0.55 | $0.40 | $466.80 million | $462.10 million | View | Listen | |
| 7/26/2016 | Q216 | $0.55 | $0.63 | $434.82 million | $482.50 million | View | Listen | |
| 4/26/2016 | Q116 | $0.13 | $0.19 | $354.12 million | $376.11 million | View | Listen | |
| 2/5/2016 | Q415 | $0.96 | $1.06 | $599.11 million | $556.10 million | View | N/A | |
| 10/31/2015 | Q315 | $0.37 | $0.52 | $413.43 million | $420.30 million | View | Listen | |
| 8/5/2015 | Q2 | $0.26 | ($0.06) | $427.32 million | $409.83 million | View | N/A | |
| 4/28/2015 | Q115 | $0.19 | $0.09 | $603.90 million | $608.00 million | View | N/A | |
| 2/10/2015 | Q414 | $1.01 | $1.16 | $777.56 million | $823.80 million | View | N/A | |
| 10/28/2014 | Q314 | $0.79 | $0.75 | $677.93 million | $684.60 million | View | N/A | |
| 7/29/2014 | Q214 | $0.53 | $0.65 | $645.01 million | $660.70 million | View | N/A | |
| 4/29/2014 | Q114 | $0.13 | $0.09 | $534.41 million | $548.40 million | View | N/A | |
| 2/11/2014 | Q413 | $0.79 | $0.97 | $664.98 million | $691.70 million | View | N/A | |
| 10/23/2013 | Q313 | $0.65 | $0.68 | $629.46 million | $608.30 million | View | N/A | |
| 7/30/2013 | Q213 | $0.40 | $0.58 | $614.93 million | $601.90 million | View | N/A | |
| 4/26/2013 | Q213 | ($0.02) | ($0.20) | $510.37 million | $498.10 million | View | N/A | |
| 2/13/2013 | Q412 | $0.78 | $0.68 | $612.39 million | $632.50 million | View | N/A | |
| 10/24/2012 | | $0.66 | $0.60 | | | View | N/A | |
| 7/25/2012 | | $0.47 | $0.45 | | | View | N/A | |
| 4/24/2012 | | $0.13 | ($0.10) | | | View | N/A | |
| 2/15/2012 | | $0.47 | $0.52 | | | View | N/A | |
| 10/26/2011 | | $0.71 | $0.61 | | | View | N/A | |
| 7/27/2011 | | $0.48 | $0.54 | | | View | N/A | |
| 4/27/2011 | | $0.25 | $0.14 | | | View | N/A | |
| 2/16/2011 | | $0.44 | $0.37 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Colliers International Group (NASDAQ:CIGI)2017 EPS Consensus Estimate: $2.59
2018 EPS Consensus Estimate: $2.77
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.18 | $0.18 | $0.18 |
| Q2 2017 | 2 | $0.67 | $0.69 | $0.68 |
| Q3 2017 | 2 | $0.50 | $0.56 | $0.53 |
| Q4 2017 | 2 | $1.13 | $1.27 | $1.20 |
| Q1 2018 | 1 | $0.28 | $0.28 | $0.28 |
| Q2 2018 | 1 | $0.65 | $0.65 | $0.65 |
| Q3 2018 | 1 | $0.55 | $0.55 | $0.55 |
| Q4 2018 | 1 | $1.29 | $1.29 | $1.29 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Colliers International Group (NASDAQ:CIGI)| Most Recent Dividend: | 7/12/2017 |
| Annual Dividend: | $0.10 |
| Dividend Yield: | 0.18% |
| Payout Ratio: | 5.18% (Trailing 12 Months of Earnings)
5.00% (Based on This Year's Estimates)
4.37% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Colliers International Group (NASDAQ CIGI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/19/2017 | semiannual | $0.05 | 0.19% | 6/28/2017 | 6/30/2017 | 7/12/2017 |
| 12/9/2016 | semiannual | $0.05 | 0.27% | 12/28/2016 | 12/30/2016 | 1/11/2017 |
| 6/1/2016 | semiannual | $0.05 | 0.25% | 6/28/2016 | 6/30/2016 | 7/8/2016 |
| 12/10/2015 | semiannual | $0.04 | 0.18% | 12/29/2015 | 12/31/2015 | 1/8/2016 |
| 2/11/2015 | quarterly | $0.10 | 0.71% | 3/27/2015 | 3/31/2015 | 4/7/2015 |
| 12/12/2014 | quarterly | $0.10 | 0.78% | 12/26/2014 | 12/31/2014 | 1/7/2015 |
| 9/19/2014 | quarterly | $0.10 | 0.75% | 9/26/2014 | 9/30/2014 | 10/6/2014 |
| 5/16/2014 | quarterly | $0.10 | 0.82% | 6/26/2014 | 6/30/2014 | 7/9/2014 |
| 2/12/2014 | quarterly | $0.10 | 0.92% | 3/27/2014 | 3/31/2014 | 4/9/2014 |
| 12/13/2013 | quarterly | $0.10 | 0.97% | 12/27/2013 | 12/31/2013 | 1/8/2014 |
| 9/19/2013 | quarterly | $0.10 | 1.04% | 9/26/2013 | 9/30/2013 | 10/9/2013 |
| 5/30/2013 | special | $0.10 | | 6/26/2013 | 6/28/2013 | 7/10/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Colliers International Group (NASDAQ:CIGI)Insider Ownership Percentage: 15.30%
Institutional Ownership Percentage: 59.77%
Insider Trades by Quarter for Colliers International Group (NASDAQ:CIGI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 2/14/2017 | Spruce House Partnership Lp | Major Shareholder | Buy | 65,100 | $38.28 | $2,492,028.00 | |
| 2/9/2017 | Spruce House Partnership Lp | Major Shareholder | Buy | 52,723 | $38.28 | $2,018,236.44 | |
| 11/3/2016 | Spruce House Partnership Lp | Major Shareholder | Buy | 504,911 | $35.63 | $17,989,978.93 | |
| 10/31/2016 | Spruce House Partnership Lp | Major Shareholder | Buy | 976,357 | $37.65 | $36,759,841.05 | |
| 10/4/2016 | Spruce House Partnership Lp | Major Shareholder | Buy | 133,800 | $42.05 | $5,626,290.00 | |
| 9/15/2016 | Spruce House Partnership Lp | Major Shareholder | Buy | 120,000 | $41.62 | $4,994,400.00 | |
| 7/8/2016 | Spruce House Partnership Lp | Major Shareholder | Buy | 266,288 | $34.60 | $9,213,564.80 | |
(Data available from 1/1/2013 forward)
Headline Trends for Colliers International Group (NASDAQ:CIGI)
Latest Headlines for Colliers International Group (NASDAQ:CIGI)
| Source: |
|
| Date | Headline |
|---|
 | Colliers International Group, Inc. breached its 50 day moving average in a Bearish Manner : CIGI-US : July 20, 2017
finance.yahoo.com - July 20 at 7:02 PM |
 | Colliers International Group Inc. to Announce Second Quarter Results on August ...
globenewswire.com - July 19 at 6:22 PM |
 | Colliers International Group (NASDAQ:CIGI) Authorizes Share Buyback Program
www.americanbankingnews.com - July 14 at 11:42 AM |
| Colliers International Group Inc. (CIGI) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 4 at 6:32 PM |
| Colliers International Group Inc. (NASDAQ:CIGI) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 3 at 12:40 PM |
| Colliers International Group Inc (NASDAQ:CIGI) Upgraded to Strong-Buy at BidaskClub
www.americanbankingnews.com - July 1 at 12:44 AM |
| Head to Head Contrast: SouFun Holdings Limited (SFUN) & Colliers International Group (CIGI)
www.americanbankingnews.com - June 29 at 12:04 PM |
| ETFs with exposure to Colliers International Group, Inc. : June 28, 2017
finance.yahoo.com - June 28 at 5:08 PM |
 | Colliers International Group Inc. (CIGI) Ex-Dividend Date Scheduled for June ...
www.nasdaq.com - June 27 at 4:32 PM |
| BidaskClub Lowers Colliers International Group Inc. (CIGI) to Buy
www.americanbankingnews.com - June 18 at 12:38 PM |
| ETFs with exposure to Colliers International Group, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 12:40 PM |
| Colliers International Group, Inc. :CIGI-US: Earnings Analysis: Q1, 2017 By the Numbers : June 12, 2017
finance.yahoo.com - June 12 at 5:19 PM |
| Colliers International Group Inc (CIGI) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - June 6 at 12:52 PM |
| Colliers International Group Inc Plans Semiannual Dividend of $0.05 (CIGI)
www.americanbankingnews.com - May 19 at 7:12 PM |
| BY THE NUMBERS: Is Columbus’ apartment building boom finally satisfying demand?
finance.yahoo.com - May 16 at 9:22 PM |
| Colliers International Group Inc (CIGI) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 12 at 12:50 PM |
| Colliers International Group Inc (CIGI) Price Target Increased to $81.00 by Analysts at Raymond James Financial, Inc.
www.americanbankingnews.com - May 7 at 11:14 PM |
| TheStreet Lowers Colliers International Group Inc (CIGI) to C+
www.americanbankingnews.com - May 6 at 11:14 PM |
| Colliers International Group Inc (CIGI) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - May 3 at 8:02 PM |
| Colliers International Group Inc (CIGI) Price Target Increased to $76.00 by Analysts at Scotiabank
www.americanbankingnews.com - May 3 at 6:34 PM |
| Colliers International Group Inc (CIGI) PT Raised to $58.00 at Royal Bank of Canada
www.americanbankingnews.com - May 3 at 6:34 PM |
| Investor Network: Colliers International Group Inc. to Host Earnings Call
finance.yahoo.com - May 2 at 7:54 PM |
| Colliers International Group Inc (CIGI) Posts Quarterly Earnings Results, Beats Expectations By $0.10 EPS
www.americanbankingnews.com - May 2 at 5:00 PM |
| Colliers International Group (CIGI) Getting Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - May 2 at 3:16 PM |
 | Pizzuti sells another Rickenbacker-area warehouse for $35M
www.bizjournals.com - May 1 at 4:17 PM |
| Colliers International Group (CIGI) Receives Daily Coverage Optimism Score of 0.51
www.americanbankingnews.com - April 29 at 2:03 PM |
| Colliers International Group (CIGI) Receives Daily News Impact Rating of 0.56
www.americanbankingnews.com - April 26 at 3:32 PM |
| Colliers International Group (CIGI) Receives Daily Coverage Optimism Score of 0.56
www.americanbankingnews.com - April 23 at 8:06 AM |
| Colliers International Group (CIGI) Earning Very Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 11:53 AM |
| Zacks Investment Research Downgrades Colliers International Group Inc (CIGI) to Hold
www.americanbankingnews.com - April 18 at 6:04 PM |
| Colliers International Group Inc (CIGI) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - April 17 at 1:58 PM |
| Colliers International Group (CIGI) Getting Very Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 12:26 PM |
| Colliers International Group (CIGI) Receives Coverage Optimism Rating of 0.31
www.americanbankingnews.com - April 14 at 9:20 AM |
| Colliers International's Jean Kane goes behind the deal of selling WelshCo
www.bizjournals.com - April 13 at 4:22 PM |
| Raymond James Financial, Inc. Reaffirms Outperform Rating for Colliers International Group Inc (CIGI)
www.americanbankingnews.com - April 12 at 5:06 PM |
| St. Joe (JOE) Acquires Panama City Beach Office Buildings - Yahoo Finance
finance.yahoo.com - April 12 at 10:48 AM |
| Colliers International Group's (CIGI) "Buy" Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - April 5 at 4:09 PM |
 | Colliers International Group Inc. Announces Upcoming Meeting and Reporting Dates
feeds.benzinga.com - April 4 at 5:38 PM |
 | Colliers International (CIGI) to Acquire WelshCo LLC - StreetInsider.com
www.streetinsider.com - April 4 at 2:08 AM |
| Colliers International Group's (CIGI) "Buy" Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - March 31 at 11:32 AM |
| Colliers International Group Inc to Post Q2 2017 Earnings of $0.67 Per Share, William Blair Forecasts (CIGI)
www.americanbankingnews.com - March 27 at 9:47 AM |
| Colliers gets listings for Arlington Gateway and Edwards' 85 N. High project
www.bizjournals.com - March 24 at 4:35 PM |
| Is Colliers International (CIGI) Stock a Solid Choice Right Now? - Nasdaq
www.nasdaq.com - March 20 at 3:20 PM |
| Bet on These 5 GARP Stocks for Solid Returns
finance.yahoo.com - March 20 at 3:20 PM |
| Is Colliers (CIGI) a Great Growth Stock?
finance.yahoo.com - March 16 at 5:38 PM |
| Colliers International Expands in Michigan with Affiliate Acquisition - GlobeNewswire (press release)
globenewswire.com - March 14 at 9:13 PM |
| Colliers International Expands in Michigan with Affiliate Acquisition
feeds.benzinga.com - March 13 at 11:38 AM |
| Moving Average Crossover Alert: Colliers International Group (CIGI) - Nasdaq
www.nasdaq.com - March 5 at 4:11 PM |
| Moving Average Crossover Alert: Colliers International Group (CIGI)
finance.yahoo.com - March 3 at 4:17 PM |
| St.Joe (JOE) Q4 Earnings Beat Estimates, Expenses Down
finance.yahoo.com - March 3 at 4:17 PM |
Colliers International Group (CIGI) Chart for Wednesday, July, 26, 2017
