NASDAQ:CIGI

Colliers International Group - CIGI Stock Forecast, Price & News

$131.17

+0.92 (+0.71%)

(As of 08/16/2022 12:00 AM ET)

Add

Compare

Today's Range: $129.82
▼
$131.29
50-Day Range: $97.83
▼
$132.84
52-Week Range: $97.39
▼
$158.42

Volume: 49,367 shs
Average Volume: 61,021 shs
Market Capitalization: $5.50 billion

P/E Ratio: 83.55
Dividend Yield: 0.23%
Price Target: $167.38

Colliers International Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.89 Rating Score
Upside/Downside: 27.6% Upside
$167.38 Price Target
Short Interest: Healthy
1.07% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.48
Upright™ Environmental Score
News Sentiment: 1.46
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.04%
From $7.21 to $7.79 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Finance Sector

70th out of 924 stocks

Real Estate Industry

3rd out of 24 stocks

3.4

Analyst's Opinion

Consensus Rating
Colliers International Group has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $167.38, Colliers International Group has a forecasted upside of 27.6% from its current price of $131.17.
Amount of Analyst Coverage
Colliers International Group has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.07% of the float of Colliers International Group has been sold short.
Short Interest Ratio / Days to Cover
Colliers International Group has a short interest ratio ("days to cover") of 5.
Change versus previous month
Short interest in Colliers International Group has recently decreased by 14.16%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Colliers International Group has a dividend yield of 0.23%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Colliers International Group has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Colliers International Group is 19.11%. 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 3.85% next year. This indicates that Colliers International Group will be able to sustain or increase its dividend.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Colliers International Group has received a 49.35% net impact score from Upright. FirstService seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Property damage services", "Renovation of residential buildings", and "Home cleaning services" products. See details.
Environmental Sustainability
The Environmental Impact score for Colliers International Group is -1.48.

3.0

News and Social Media Coverage

News Sentiment
Colliers International Group has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Colliers International Group this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for CIGI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Colliers International Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Colliers International Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.30% of the stock of Colliers International Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
63.84% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Colliers International Group are expected to grow by 8.04% in the coming year, from $7.21 to $7.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Colliers International Group is 83.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Colliers International Group is 83.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.66.
Price to Book Value per Share Ratio
Colliers International Group has a P/B Ratio of 11.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Colliers International Group (NASDAQ:CIGI) Stock

Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers sales brokerage services, including real estate sales, debt origination and placement, equity capital raising, market value opinions, acquisition advisory, and transaction management services; and landlord and tenant representation services. The company provides outsourcing and advisory services, such as corporate and workplace solutions; valuation and advisory services; workplace strategy services; loan servicing; property marketing; research services; and engineering design services for property and building, infrastructure, transportation, environmental and telecommunications end-markets. It also offers property management services comprising building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract management and, construction management; and project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management and strategic project consulting. In addition, the company provides investment management services that consists of asset management advisory and administration, transaction, and incentive services. The company was founded in 1972 and is headquartered in Toronto, Canada.

Colliers International Group Price Performance

Shares of Colliers International Group stock traded up $0.92 during trading hours on Tuesday, reaching $131.17. The stock had a trading volume of 49,367 shares, compared to its average volume of 85,056. The stock's 50 day moving average is $115.57 and its 200 day moving average is $122.89. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.58. Colliers International Group has a twelve month low of $97.39 and a twelve month high of $158.42. The firm has a market capitalization of $5.50 billion, a PE ratio of 83.55 and a beta of 1.48.

Analyst Upgrades and Downgrades

Several analysts have weighed in on CIGI shares. Raymond James set a $180.00 price target on Colliers International Group and gave the company a "strong-buy" rating in a research note on Tuesday, May 10th. Wolfe Research began coverage on shares of Colliers International Group in a research report on Monday, July 25th. They set a "peer perform" rating for the company. National Bankshares dropped their price objective on shares of Colliers International Group from $176.00 to $164.00 and set an "outperform" rating on the stock in a report on Wednesday, May 4th. StockNews.com upgraded shares of Colliers International Group from a "hold" rating to a "buy" rating in a research note on Thursday, May 5th. Finally, Scotiabank lowered their price target on shares of Colliers International Group from $168.00 to $160.00 in a report on Tuesday, June 7th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $167.38.

Receive CIGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Colliers International Group and its competitors with MarketBeat's FREE daily newsletter.

CIGI Stock News Headlines

August 10, 2022 | finance.yahoo.com

Wall Street Analysts See a 42% Upside in Colliers International (CIGI): Can the Stock Really Move This High?

August 10, 2022 | finance.yahoo.com

Best Momentum Stocks to Buy for August 10th

July 31, 2022 | americanbankingnews.com

Colliers International Group Inc. (NASDAQ:CIGI) Receives $167.38 Average Price Target from Brokerages

July 30, 2022 | theglobeandmail.com

Colliers International Group Inc stock advanced on Friday.

July 28, 2022 | americanbankingnews.com

Colliers International Group (NASDAQ:CIGI) Research Coverage Started at Wolfe Research

July 27, 2022 | finance.yahoo.com

Colliers International (CIGI) Earnings Expected to Grow: Should You Buy?

July 7, 2022 | finance.yahoo.com

Somerville's Inner Belt to play host to new 200K-square-foot lab facility

June 30, 2022 | finance.yahoo.com

Locals Seafood buys Raleigh space for new flagship market

June 30, 2022 | finance.yahoo.com

Colliers to invest in leading alternative investment manager

June 18, 2022 | theglobeandmail.com

Colliers International Group Inc stock dipped on Thursday.

June 2, 2022 | finance.yahoo.com

Colliers completes investment in leading infrastructure investment firm

May 31, 2022 | finance.yahoo.com

Colliers releases Global Impact Report reinforcing commitment to elevate the built environment

May 17, 2022 | finance.yahoo.com

Colliers declares semi-annual dividend

May 12, 2022 | finance.yahoo.com

New HPE headquarters had major impact on The Woodlands' office market in Q1

May 9, 2022 | finanznachrichten.de

Colliers International Group Inc.: Colliers adds building consultancy and project management leader in the United Kingdom

May 9, 2022 | finance.yahoo.com

Colliers adds building consultancy and project management leader in the United Kingdom

May 4, 2022 | msn.com

Why Colliers (TSX:CIGI) Is a Top Canadian Stock to Buy and Never Sell

May 4, 2022 | nasdaq.com

Colliers International Group Becomes Oversold (CIGI)

May 4, 2022 | finance.yahoo.com

Colliers to invest in leading US real estate investment firm

May 4, 2022 | finance.yahoo.com

Here’s Why LRT Capital (CIGI) Remains Optimistic in Colliers (CIGI)

May 3, 2022 | markets.businessinsider.com

Canadian Market Looks Poised For Firm Close

April 26, 2022 | finance.yahoo.com

Retail space now more scarce than before pandemic in most of South Florida

April 25, 2022 | finanznachrichten.de

Colliers International Group Inc.: Chris McLernon to lead global real estate services reporting to Jay Hennick

April 22, 2022 | bizjournals.com

Small industrial tenants feel squeezed out of booming warehouse market

April 13, 2022 | finance.yahoo.com

New goal: Family opts to put SporTrak indoor soccer facility in Sewickley up for sale

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive CIGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Colliers International Group and its competitors with MarketBeat's FREE daily newsletter.

CIGI Company Calendar

Last Earnings: 11/02/2021
Ex-Dividend for 7/14 Dividend: 6/29/2022
Dividend Payable: 7/14/2022
Today: 8/17/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:CIGI
Previous Symbol: NASDAQ:FSRV
CUSIP: N/A
CIK: 913353
Web: www.colliers.com
Phone: (416) 960-9500
Fax: 416-960-5333
Employees: 16,780
Year Founded: 1976

Price Target and Rating

Average Stock Price Forecast: $167.38
High Stock Price Forecast: $185.00
Low Stock Price Forecast: $145.00
Forecasted Upside/Downside: +27.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.89
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.57
Trailing P/E Ratio: 83.55
Forward P/E Ratio: 18.19
P/E Growth: N/A
Net Income: $-390,340,000.00
Net Margins: 1.62%
Pretax Margin: 7.54%
Return on Equity: 13.60%
Return on Assets: 1.95%

Debt

Debt-to-Equity Ratio: 2.58
Current Ratio: 1.07
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $4.09 billion
Price / Sales: 1.35
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $11.65 per share
Price / Book: 11.26

Miscellaneous

Outstanding Shares: 41,950,000
Free Float: 35,532,000
Market Cap: $5.50 billion
Optionable: Not Optionable
Beta: 1.47

Social Links

Key Executives

Mr. Jay Stewart Hennick CM (Age 65)
Global Chairman & CEO
Comp: $14.68M
Mr. Christian Mayer (Age 49)
Chief Financial Officer
Comp: $1.95M
Mr. Elias Mulamoottil (Age 52)
Co-Chief Investment Officer
Comp: $1.84M
Mr. Zachary Michaud (Age 39)
Co-Chief Investment Officer
Comp: $1.74M
Ms. Rebecca Finley (Age 46)
Chief Brand & People Officer
Comp: $1.58M
Mr. Robert D. Hemming CGA (Age 54)
CPA, Sr. VP & Chief Accounting Officer
Mr. Matthew Hawkins (Age 39)
Head of National Office Agency & Devel. UK, VP, Legal Counsel and Corp. Sec.
Charlotte Williams
Head of PR
Mr. Christopher Ross McLernon BA (Age 57)
Chief Exec. Officer of Real Estate Services Global
Mr. David Bowden
Chief Exec. Officer of Colliers Real Estate Strategy & Consulting

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CIGI Stock - Frequently Asked Questions

Should I buy or sell Colliers International Group stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colliers International Group in the last year. There are currently 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CIGI shares.
View CIGI analyst ratings or view top-rated stocks.
What is Colliers International Group's stock price forecast for 2022?: 9 Wall Street analysts have issued 12 month price objectives for Colliers International Group's stock. Their CIGI share price forecasts range from $145.00 to $185.00. On average, they expect the company's share price to reach $167.38 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts price targets for CIGI or view top-rated stocks among Wall Street analysts.
How have CIGI shares performed in 2022?: Colliers International Group's stock was trading at $148.65 on January 1st, 2022. Since then, CIGI shares have decreased by 11.8% and is now trading at $131.17.
View the best growth stocks for 2022 here.
When is Colliers International Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our CIGI earnings forecast.
How were Colliers International Group's earnings last quarter?: Colliers International Group Inc. (NASDAQ:CIGI) released its quarterly earnings results on Tuesday, November, 2nd. The financial services provider reported $1.27 EPS for the quarter, topping the consensus estimate of $0.37 by $0.90. The financial services provider earned $1.02 billion during the quarter, compared to analysts' expectations of $795 million. Colliers International Group had a net margin of 1.62% and a trailing twelve-month return on equity of 13.60%. During the same period last year, the firm posted $0.52 EPS.
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 Tuesday, May 17th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.15 per share on Thursday, July 14th. This represents a yield of 0.3%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for CIGI.
Is Colliers International Group a good dividend stock?: Colliers International Group (NASDAQ:CIGI) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.23%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIGI will have a dividend payout ratio of 3.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIGI.
What is Jay Hennick's approval rating as Colliers International Group's CEO?: 470 employees have rated Colliers International Group Chief Executive Officer Jay Hennick on Glassdoor.com. Jay Hennick has an approval rating of 88% among the company's employees. 74.0% of employees surveyed would recommend working at Colliers International Group to a friend.

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 JPMorgan Chase & Co. (JPM), Simon Property Group (SPG), Weyerhaeuser (WY), Caterpillar (CAT), NVIDIA (NVDA), Bank of America (BAC), Costco Wholesale (COST), Salesforce (CRM), Deere & Company (DE) and Kimco Realty (KIM).
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 retail and institutional investors. Top institutional shareholders include Jarislowsky Fraser Ltd (5.17%), BloombergSen Inc. (3.91%), Renaissance Technologies LLC (2.06%), CDAM UK Ltd (1.44%), Victory Capital Management Inc. (1.36%) and Turtle Creek Asset Management Inc. (1.26%). Insiders that own company stock include Spruce House Partnership Llc and Spruce House Partnership Lp.
View institutional ownership trends.
How do I buy shares of Colliers International Group?: Shares of CIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Colliers International Group's stock price today?: One share of CIGI stock can currently be purchased for approximately $131.17.
How much money does Colliers International Group make?: Colliers International Group (NASDAQ:CIGI) has a market capitalization of $5.50 billion and generates $4.09 billion in revenue each year. The financial services provider earns $-390,340,000.00 in net income (profit) each year or $1.57 on an earnings per share basis.
How many employees does Colliers International Group have?: The company employs 16,780 workers across the globe.
When was Colliers International Group founded?: Colliers International Group was founded in 1976.
How can I contact Colliers International Group?: Colliers International Group's mailing address is 1140 BAY STREET SUITE 4000, TORONTO A6, M5S 2B4. The official website for the company is www.colliers.com. The financial services provider can be reached via phone at (416) 960-9500, via email at investorrelations@colliers.com, or via fax at 416-960-5333.

This page (NASDAQ:CIGI) was last updated on 8/17/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Colliers International Group - CIGI Stock Forecast, Price & News

Colliers International Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability