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NASDAQ:CIGI

Colliers International Group (CIGI) Stock Price, News & Analysis

Colliers International Group logo
$142.04 -1.49 (-1.04%)
(As of 11/20/2024 ET)

About Colliers International Group Stock (NASDAQ:CIGI)

Key Stats

Today's Range
$140.13
$143.53
50-Day Range
$142.04
$155.43
52-Week Range
$101.01
$156.96
Volume
116,260 shs
Average Volume
121,213 shs
Market Capitalization
$6.98 billion
P/E Ratio
45.24
Dividend Yield
0.21%
Price Target
$160.42
Consensus Rating
Buy

Company Overview

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. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients. It also provides 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 offers corporate and workplace solutions; occupier; workplace strategy; property marketing services; transaction brokerage services, including sales and leasing for corporations, financial institutions, pension funds, sovereign wealth funds, insurance companies, governments, and individuals; and capital markets services for property sales, debt finance, mortgage investment banking services, as well as landlord and tenant representation services. Further, the company provides investment management services that consists of asset management and investor advisory services. Colliers International Group Inc. was founded in 1972 and is headquartered in Toronto, Canada.

Colliers International Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

CIGI MarketRank™: 

Colliers International Group scored higher than 93% of companies evaluated by MarketBeat, and ranked 89th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Colliers International Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Colliers International Group has only been the subject of 4 research reports in the past 90 days.

  • Read more about Colliers International Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Colliers International Group are expected to grow by 22.24% in the coming year, from $5.44 to $6.65 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Colliers International Group is 45.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Colliers International Group is 45.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

  • Price to Book Value per Share Ratio

    Colliers International Group has a P/B Ratio of 7.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Colliers International Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.88% of the outstanding shares of Colliers International Group have been sold short.
  • Short Interest Ratio / Days to Cover

    Colliers International Group has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Colliers International Group has recently increased by 0.30%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Colliers International Group has a dividend yield of 0.21%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Colliers International Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Colliers International Group is 9.55%. 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 4.51% next year. This indicates that Colliers International Group will be able to sustain or increase its dividend.

  • Read more about Colliers International Group's dividend.
  • Percentage of Shares Shorted

    0.88% of the outstanding shares of Colliers International Group have been sold short.
  • Short Interest Ratio / Days to Cover

    Colliers International Group has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Colliers International Group has recently increased by 0.30%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Colliers International Group has a news sentiment score of 1.22. 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 0.77 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Colliers International Group this week, compared to 4 articles on an average week.
  • 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

    80.09% 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.

  • Read more about Colliers International Group's insider trading history.
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CIGI Stock News Headlines

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Jeroen Lokerse appointed CEO of Colliers Netherlands
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Colliers adds leading Australian engineering firm
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CIGI Stock Analysis - Frequently Asked Questions

Colliers International Group's stock was trading at $126.52 at the beginning of the year. Since then, CIGI shares have increased by 12.3% and is now trading at $142.04.
View the best growth stocks for 2024 here
.

Colliers International Group Inc. (NASDAQ:CIGI) posted its quarterly earnings results on Tuesday, November, 5th. The financial services provider reported $1.32 earnings per share for the quarter, missing the consensus estimate of $1.49 by $0.17. Colliers International Group's revenue was up 11.7% compared to the same quarter last year.

Colliers International Group's top institutional shareholders include The Manufacturers Life Insurance Company (2.01%), Victory Capital Management Inc. (1.47%), Bank of Montreal Can (1.39%) and BloombergSen Inc. (1.35%).
View institutional ownership trends
.

Shares of CIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Colliers International Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL) and ServiceNow (NOW).

Company Calendar

Last Earnings
11/05/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/13/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Real Estate
Current Symbol
NASDAQ:CIGI
Previous Symbol
NASDAQ:FSRV
Employees
19,230
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$160.42
High Stock Price Target
$174.00
Low Stock Price Target
$137.00
Potential Upside/Downside
+12.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$65.54 million
Pretax Margin
7.07%

Debt

Sales & Book Value

Annual Sales
$4.56 billion
Cash Flow
$9.26 per share
Book Value
$18.40 per share

Miscellaneous

Free Float
41,600,000
Market Cap
$6.98 billion
Optionable
Optionable
Beta
1.50

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This page (NASDAQ:CIGI) was last updated on 11/21/2024 by MarketBeat.com Staff
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