About Colliers International Group (NASDAQ:CIGI)
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
- Sub-Industry: N/A
- Symbol: NASDAQ:CIGI
- CUSIP: N/A
- Web: www.colliers.com
Capitalization:- Market Cap: $2.11484 billion
- Outstanding Shares: 38,841,000
Average Prices:- 50 Day Moving Avg: $51.17
- 200 Day Moving Avg: $52.05
- 52 Week Range: $34.20 - $60.75
P/E:- Trailing P/E Ratio: 32.84
- Foreward P/E Ratio: 28.31
- P/E Growth: 1.27
Sales & Book Value:- Annual Revenue: $2.01 billion
- Price / Sales: 1.05
- Book Value: $5.91 per share
- Price / Book: 9.20
Dividend:- Annual Dividend: $0.10
- Dividend Yield: 0.2%
Profitability:- EBITDA: $209.86 million
- Net Margins: 3.23%
- Return on Equity: 49.70%
- Return on Assets: 8.55%
Debt:- Debt-to-Equity Ratio: 1.80%
- Current Ratio: 1.11%
- Quick Ratio: 1.11%
Misc:- Average Volume: 43,342 shs.
- Beta: 1.73
- Short Ratio: 2.53
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 declared 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 declared that its board has authorized a share buyback plan on Friday, July 14th 2017, which authorizes the company to buyback 2,700,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.
How were Colliers International Group's earnings last quarter?
Colliers International Group Inc. (NASDAQ:CIGI) posted its quarterly earnings results on Tuesday, August, 1st. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.16. The business earned $544.20 million during the quarter, compared to analyst estimates of $515.45 million. Colliers International Group had a return on equity of 49.70% and a net margin of 3.23%. Colliers International Group's revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.63 EPS. View Colliers International Group's Earnings History.
When will Colliers International Group make its next earnings announcement?
Where is Colliers International Group's stock going? Where will Colliers International Group's stock price be in 2017?
6 brokerages have issued 12 month price objectives for Colliers International Group's stock. Their predictions range from $62.00 to $75.50. On average, they anticipate Colliers International Group's stock price to reach $68.88 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), SouFun Holdings Limited (SFUN), HFF (HF), Savills plc (SVS), RE/MAX Holdings (RMAX), Marcus & Millichap (MMI), Purplebricks Group PLC (PURP), Altisource Portfolio Solutions S.A. (ASPS), Landmark Infrastructure Partners LP (LMRK), Tremor Video (TLRA), LSL Property Services plc (LSL), Reis (REIS), Leju Holdings Limited (LEJU), Belvoir Lettings PLC (BLV), HML Holdings plc (HMLH), American Farmland Co (AFCO) and Colliers International Group (FSRV).
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
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 $54.35.
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: | 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $68.88 (26.72% upside) |
Consensus Price Target History for Colliers International Group (NASDAQ:CIGI)
Analysts' Ratings History for Colliers International Group (NASDAQ:CIGI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/27/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $62.00 | Medium |  |
| 8/14/2017 | Sidoti | Upgrade | Neutral -> Buy | | Low | |
| 8/3/2017 | Scotiabank | Lower Price Target | Outperform | $76.00 -> $75.50 | Low | |
| 8/2/2017 | Raymond James Financial, Inc. | Reiterated Rating | Outperform | $59.00 -> $75.00 | High | |
| 8/2/2017 | BMO Capital Markets | Boost Price Target | Outperform | $60.00 -> $63.00 | High | |
| 2/16/2017 | CIBC | Upgrade | Sector Perform -> Sector Outperform | | N/A | |
(Data available from 10/21/2015 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 |
|---|
| 10/31/2017 | | $0.26 | | | | | N/A | |
| 8/1/2017 | 6/30/2017 | $0.57 | $0.73 | $515.45 million | $544.20 million | View | Listen | |
| 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: $2.43
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 | $0.26 | $0.56 | $0.41 |
| Q4 2017 | 2 | $1.13 | $1.18 | $1.16 |
| 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: | 6.02% (Trailing 12 Months of Earnings)
5.81% (Based on This Year's Estimates)
5.21% (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: 63.51%
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 Expands in Washington, D.C.
feeds.benzinga.com - October 18 at 8:55 AM |
 | Colliers International Group (CIGI) versus Its Peers Head-To-Head Contrast
www.americanbankingnews.com - October 15 at 6:26 AM |
| Analyzing Colliers International Group (CIGI) and Jones Lang LaSalle (JLL)
www.americanbankingnews.com - October 12 at 6:10 PM |
| Colliers International Group Inc. (CIGI) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - October 11 at 3:04 PM |
 | Colliers International Group, Inc. breached its 50 day moving average in a Bullish Manner : CIGI-US : October 6, 2017
finance.yahoo.com - October 6 at 5:27 PM |
| ETFs with exposure to Colliers International Group, Inc. : October 6, 2017
finance.yahoo.com - October 6 at 5:27 PM |
| Colliers International Group, Inc. :CIGI-US: Earnings Analysis: Q2, 2017 By the Numbers : October 5, 2017
finance.yahoo.com - October 5 at 11:25 AM |
 | ABC Ambulance secures new Phoenix headquarters
www.bizjournals.com - October 3 at 12:54 AM |
| Royal Bank Of Canada Reaffirms Buy Rating for Colliers International Group Inc. (CIGI)
www.americanbankingnews.com - September 27 at 5:32 PM |
| Here are the top commercial real estate brokers in Phoenix
www.bizjournals.com - September 25 at 3:31 PM |
| Dayton investor snaps up 300-unit apartment complex for $32.5M
www.bizjournals.com - September 25 at 12:17 PM |
 | BRIEF-Spruce House Investment Management LLC reports 16 pct stake in Colliers ...
www.reuters.com - September 25 at 12:17 PM |
| Contrasting Colliers International Group (CIGI) & RE/MAX Holdings (RMAX)
www.americanbankingnews.com - September 18 at 10:37 AM |
| Colliers International Group Inc. (CIGI) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 16 at 12:38 PM |
| Renovated Brewery Tower fills up – 'strategy paid off'
www.bizjournals.com - September 15 at 10:38 PM |
| Head-To-Head Comparison: Colliers International Group (FSRV) versus Colliers International Group (CIGI)
www.americanbankingnews.com - September 11 at 4:44 AM |
| See what the IHS Markit Score report has to say about Colliers International Group Inc.
finance.yahoo.com - September 7 at 3:18 AM |
| Comparing Colliers International Group (CIGI) and Altisource Portfolio Solutions (ASPS)
www.americanbankingnews.com - August 27 at 10:28 AM |
| Contrasting Landmark Infrastructure Partners (LMRK) and Colliers International Group (CIGI)
www.americanbankingnews.com - August 25 at 8:56 AM |
| Colliers International Group Inc. (CIGI) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 22 at 12:50 PM |
| Colliers International Group Inc. (NASDAQ:CIGI) Upgraded at Sidoti
www.americanbankingnews.com - August 14 at 12:28 PM |
| Head to Head Analysis: Colliers International Group (NASDAQ:CIGI) & Landmark Infrastructure Partners (LMRK)
www.americanbankingnews.com - August 13 at 9:00 AM |
| Financial Analysis: Kennedy-Wilson Holdings (KW) versus Colliers International Group (CIGI)
www.americanbankingnews.com - August 12 at 10:08 PM |
| Contrasting HFF (HF) and Colliers International Group (CIGI)
www.americanbankingnews.com - August 11 at 10:50 AM |
| Colliers International Group Inc. (NASDAQ:CIGI) Stock Rating Reaffirmed by Royal Bank Of Canada
www.americanbankingnews.com - August 8 at 7:34 PM |
| Colliers International Group Inc. (NASDAQ:CIGI) Forecasted to Post Q3 2017 Earnings of $0.26 Per Share
www.americanbankingnews.com - August 4 at 8:30 AM |
| Colliers International Group, Inc. – Value Analysis (NASDAQ:CIGI) : August 4, 2017
finance.yahoo.com - August 3 at 11:45 PM |
| Colliers International Group Inc. (CIGI) Price Target Cut to $75.50 by Analysts at Scotiabank
www.americanbankingnews.com - August 3 at 3:40 PM |
| Head to Head Contrast: Nationstar Mortgage Holdings (NSM) & Colliers International Group (NASDAQ:CIGI)
www.americanbankingnews.com - August 3 at 12:34 AM |
| Colliers International Group, Inc. breached its 50 day moving average in a Bullish Manner : CIGI-US : August 2, 2017
finance.yahoo.com - August 2 at 5:57 PM |
| Colliers International Group Inc. (NASDAQ:CIGI) Announces Quarterly Earnings Results, Beats Expectations By $0.19 EPS
www.americanbankingnews.com - August 1 at 8:53 AM |
| Head-To-Head Analysis: HFF (HF) & Colliers International Group (CIGI)
www.americanbankingnews.com - July 31 at 9:41 AM |
| Colliers International Group Inc. (NASDAQ:CIGI) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 28 at 12:36 PM |
| Colliers International Group Inc. (NASDAQ:CIGI) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 27 at 9:56 AM |
| 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. (NASDAQ:CIGI) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 3 at 12:40 PM |
 | Colliers International Group Inc. (CIGI) Ex-Dividend Date Scheduled for June ...
www.nasdaq.com - June 27 at 4:32 PM |
| Pizzuti sells another Rickenbacker-area warehouse for $35M
www.bizjournals.com - May 1 at 4:17 PM |
| Colliers International's Jean Kane goes behind the deal of selling WelshCo
www.bizjournals.com - April 13 at 4:22 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 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 |
| 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 |
| Software firm to move regional headquarters to downtown Dallas
www.bizjournals.com - February 28 at 5:21 AM |
| CIGI Crosses Above Average Analyst Target
www.nasdaq.com - February 24 at 12:32 PM |
Colliers International Group (CIGI) Chart for Saturday, October, 21, 2017
