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

Colliers International Group logo
$135.45 +0.28 (+0.21%)
(As of 12/20/2024 05:31 PM ET)

About Colliers International Group Stock (NASDAQ:CIGI)

Key Stats

Today's Range
$134.01
$136.81
50-Day Range
$135.17
$155.43
52-Week Range
$101.01
$156.96
Volume
124,643 shs
Average Volume
112,059 shs
Market Capitalization
$6.83 billion
P/E Ratio
43.14
Dividend Yield
0.22%
Price Target
$162.44
Consensus Rating
Moderate 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
99th Percentile Overall Score

CIGI MarketRank™: 

Colliers International Group scored higher than 99% of companies evaluated by MarketBeat, and ranked 11th out of 935 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 Moderate Buy. The company's average rating score is 2.78, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Colliers International Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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

    Earnings for Colliers International Group are expected to grow by 22.98% in the coming year, from $5.44 to $6.69 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Colliers International Group is 43.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Colliers International Group is 43.14, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 26.72.

  • Price to Book Value per Share Ratio

    Colliers International Group has a P/B Ratio of 7.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.69% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Colliers International Group has recently decreased by 21.08%, indicating that investor sentiment is improving significantly.
  • 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 4.48% 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

    0.69% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Colliers International Group has recently decreased by 21.08%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Colliers International Group has a news sentiment score of 1.05. 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 0.75 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Colliers International Group this week, compared to 4 articles on an average week.
  • Search Interest

    1 people have searched for CIGI on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Colliers International Group to their MarketBeat watchlist in the last 30 days.
  • 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

Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
Colliers International initiated with a Neutral at Goldman Sachs
John Munday named CEO of Colliers UK
See More Headlines

CIGI Stock Analysis - Frequently Asked Questions

Colliers International Group's stock was trading at $126.52 on January 1st, 2024. Since then, CIGI shares have increased by 7.1% and is now trading at $135.45.
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. The company's revenue for the quarter was up 11.7% compared to the same quarter last year.

Top institutional shareholders of Colliers International Group include The Manufacturers Life Insurance Company (2.01%), Victory Capital Management Inc. (1.47%), Bank of Montreal Can (1.39%) and Franklin Resources Inc. (1.38%).
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
12/22/2024
Ex-Dividend for 1/14 Dividend
12/31/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/14/2025

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
$162.44
High Stock Price Target
$174.00
Low Stock Price Target
$137.00
Potential Upside/Downside
+19.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$65.54 million
Pretax Margin
7.07%

Debt

Sales & Book Value

Annual Sales
$4.56 billion
Cash Flow
$8.59 per share
Book Value
$18.40 per share

Miscellaneous

Free Float
42,723,000
Market Cap
$6.83 billion
Optionable
Optionable
Beta
1.47

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This page (NASDAQ:CIGI) was last updated on 12/22/2024 by MarketBeat.com Staff
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