Colliers International Group Inc. (NASDAQ:CIGI – Free Report) (TSE:CIGI) – Stock analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of Colliers International Group in a research note issued to investors on Monday, November 2nd. Scotiabank analyst H. Gupta now expects that the financial services provider will post earnings per share of $6.86 for the year, down from their prior estimate of $6.90. Scotiabank has a “Sector Outperform” rating and a $130.00 price objective on the stock. The consensus estimate for Colliers International Group’s current full-year earnings is $6.90 per share. Scotiabank also issued estimates for Colliers International Group’s FY2027 earnings at $7.70 EPS.
Colliers International Group (NASDAQ:CIGI – Get Free Report) (TSE:CIGI) last released its earnings results on Wednesday, November 4th. The financial services provider reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.03. Colliers International Group had a return on equity of 20.17% and a net margin of 1.81%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the company posted $1.64 earnings per share. The firm’s quarterly revenue was up 11.9% on a year-over-year basis.
CIGI has been the subject of several other reports. BMO Capital Markets reissued an “outperform” rating on shares of Colliers International Group in a report on Thursday, September 24th. National Bank Financial reduced their target price on shares of Colliers International Group from $110.00 to $109.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Colliers International Group in a research report on Tuesday. Finally, Scotia lowered their price target on shares of Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating for the company in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Colliers International Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.86.
Get Our Latest Research Report on CIGI
Colliers International Group Price Performance
Colliers International Group stock opened at $98.50 on Thursday. The business’s 50-day simple moving average is $93.24 and its 200 day simple moving average is $103.99. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.61. The stock has a market cap of $5.03 billion, a price-to-earnings ratio of 17.39 and a beta of 1.18. Colliers International Group has a 12-month low of $83.21 and a 12-month high of $154.73.
Institutional Investors Weigh In On Colliers International Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CIGI. The Manufacturers Life Insurance Company bought a new position in Colliers International Group during the 2nd quarter worth approximately $292,656,000. Jupiter Topco LLC acquired a new stake in Colliers International Group in the second quarter worth $238,809,000. Spruce House Investment Management LLC boosted its position in shares of Colliers International Group by 93.0% during the first quarter. Spruce House Investment Management LLC now owns 2,511,000 shares of the financial services provider’s stock worth $268,387,000 after purchasing an additional 1,209,867 shares in the last quarter. Turtle Creek Asset Management Inc. boosted its position in shares of Colliers International Group by 100.9% during the first quarter. Turtle Creek Asset Management Inc. now owns 1,633,556 shares of the financial services provider’s stock worth $174,611,000 after purchasing an additional 820,315 shares in the last quarter. Finally, Cibc World Market Inc. bought a new position in shares of Colliers International Group during the second quarter worth $56,724,000. Institutional investors own 80.09% of the company’s stock.
Key Headlines Impacting Colliers International Group
Here are the key news stories impacting Colliers International Group this week:
- Positive Sentiment: Adjusted earnings were $1.97 per share, above the $1.94 consensus estimate and up from $1.64 a year earlier, signaling year-over-year earnings growth. Article: Colliers International Surpasses Q3 Earnings Estimates
- Neutral Sentiment: Revenue increased 11.9% year over year, although the reported $1.64 billion figure was below FactSet’s $1.68 billion estimate. Article: Colliers reports Q3 revenue
- Negative Sentiment: The revenue shortfall—about 2.4% below expectations—could overshadow the modest EPS beat and help explain pressure on the shares. Article: Colliers reports Q3 revenue
Colliers International Group Company Profile
Colliers International Group Inc is a global professional services and investment management company focused on commercial real estate and related business services. The company serves corporate, institutional and private clients through a broad platform that includes leasing, capital markets, valuation and advisory services.
Its other activities include property, facilities and project management, engineering and consulting services, and real estate investment management. These services are designed to help clients manage, develop, lease, acquire and dispose of commercial properties and portfolios across a range of sectors.
Colliers operates across the Americas, Asia Pacific and Europe, the Middle East and Africa through a combination of company-owned operations and affiliated offices.
Featured Stories
- Five stocks we like better than Colliers International Group
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Colliers International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colliers International Group and related companies with MarketBeat.com's FREE daily email newsletter.
