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 (WHO). Since then, CIGI stock has decreased by 25.2% and is now trading at $54.04. 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) issued its earnings results on Tuesday, April, 28th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.37. The financial services provider had revenue of $630.60 million for the quarter, compared to analysts' expectations of $659.68 million. Colliers International Group had a net margin of 3.49% and a return on equity of 22.33%. The firm's revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 earnings per share. View Colliers International Group's earnings history.

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 yield of 0.2%. The ex-dividend date is Monday, June 29th. View Colliers International Group's dividend history.

4 brokerages have issued 1 year 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 38.8% from the stock's current price. View analysts' price targets for Colliers International Group.

News coverage about CIGI stock has trended somewhat positive on Sunday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Colliers International Group earned a coverage optimism score of 1.3 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 effect on the stock's share price in the near term. View the latest news about Colliers International Group.

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), Innovative Industrial Properties (IIPR), Shanghai Industrial (SGHIY), Urban Edge Properties (UE), Getty Realty (GTY), Office Properties Income Trust (OPI), Gazit Globe (GZTGF), Armada Hoffler Properties (AHH), Forestar Group (FOR) and Five Point (FPH). 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."

Colliers International Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.05%). 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.

CIGI stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc.. View insider buying and selling activity for 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.

One share of CIGI stock can currently be purchased for approximately $54.04.

Colliers International Group has a market capitalization of $2.09 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]