Stifel Canada Has Negative Outlook of CIGI FY2025 Earnings

Colliers International Group Inc. (NASDAQ:CIGI) (TSE:CIGI) – Equities research analysts at Stifel Canada decreased their FY2025 earnings estimates for shares of Colliers International Group in a research note issued on Monday, January 13th. Stifel Canada analyst D. Young now forecasts that the financial services provider will post earnings of $6.41 per share for the year, down from their previous estimate of $6.59. The consensus estimate for Colliers International Group’s current full-year earnings is $5.44 per share.

A number of other research firms have also weighed in on CIGI. The Goldman Sachs Group assumed coverage on shares of Colliers International Group in a research note on Friday, December 6th. They issued a “neutral” rating and a $170.00 price objective on the stock. StockNews.com lowered Colliers International Group from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. JPMorgan Chase & Co. began coverage on Colliers International Group in a research note on Monday, December 16th. They issued a “neutral” rating and a $167.00 target price on the stock. National Bank Financial raised Colliers International Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th. Finally, Royal Bank of Canada upped their price objective on Colliers International Group from $160.00 to $174.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Colliers International Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.44.

Colliers International Group Price Performance

Shares of NASDAQ:CIGI opened at $127.73 on Wednesday. Colliers International Group has a twelve month low of $101.01 and a twelve month high of $156.96. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.42. The company has a market cap of $6.44 billion, a PE ratio of 40.68 and a beta of 1.49. The company’s 50 day moving average is $143.23 and its 200 day moving average is $141.22.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last issued its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $1.32 EPS for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.17). Colliers International Group had a return on equity of 21.78% and a net margin of 3.38%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the firm posted $1.10 EPS. The business’s revenue was up 11.7% compared to the same quarter last year.

Colliers International Group Dividend Announcement

The company also recently disclosed a semi-annual dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a yield of 0.2%. Colliers International Group’s dividend payout ratio (DPR) is currently 9.55%.

Hedge Funds Weigh In On Colliers International Group

Hedge funds have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its position in shares of Colliers International Group by 26.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 593 shares of the financial services provider’s stock worth $90,000 after purchasing an additional 124 shares in the last quarter. King Luther Capital Management Corp grew its holdings in shares of Colliers International Group by 1.2% during the third quarter. King Luther Capital Management Corp now owns 14,639 shares of the financial services provider’s stock worth $2,222,000 after buying an additional 178 shares in the last quarter. HighTower Advisors LLC boosted its position in Colliers International Group by 13.6% during the third quarter. HighTower Advisors LLC now owns 2,119 shares of the financial services provider’s stock worth $323,000 after acquiring an additional 254 shares during the last quarter. Whittier Trust Co. grew its stake in Colliers International Group by 8.4% during the 3rd quarter. Whittier Trust Co. now owns 3,558 shares of the financial services provider’s stock valued at $540,000 after acquiring an additional 277 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Colliers International Group by 3.2% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,346 shares of the financial services provider’s stock valued at $1,420,000 after acquiring an additional 291 shares during the last quarter. Institutional investors and hedge funds own 80.09% of the company’s stock.

Colliers International Group Company Profile

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.