What is Stifel Canada’s Estimate for CIGI FY2025 Earnings?

Colliers International Group Inc. (NASDAQ:CIGI) (TSE:CIGI) – Stifel Canada cut their FY2025 EPS estimates for shares of Colliers International Group in a research report 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.

CIGI has been the topic of a number of other research reports. National Bank Financial upgraded Colliers International Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 5th. Scotiabank raised their target price on shares of Colliers International Group from $155.00 to $167.50 and gave the stock a “sector outperform” rating in a research report on Wednesday, November 6th. JPMorgan Chase & Co. assumed coverage on shares of Colliers International Group in a research note on Monday, December 16th. They set a “neutral” rating and a $167.00 price target for the company. StockNews.com downgraded shares of Colliers International Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. Finally, The Goldman Sachs Group started coverage on shares of Colliers International Group in a report on Friday, December 6th. They issued a “neutral” rating and a $170.00 target price for the company. Four 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $162.44.

Colliers International Group Stock Up 5.8 %

CIGI opened at $135.09 on Wednesday. The stock has a market capitalization of $6.81 billion, a P/E ratio of 43.02 and a beta of 1.49. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.17 and a current ratio of 1.17. Colliers International Group has a one year low of $101.01 and a one year high of $156.96. The business’s 50-day simple moving average is $142.99 and its 200-day simple moving average is $141.17.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last announced its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $1.32 EPS for the quarter, missing the consensus estimate 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 company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. Colliers International Group’s revenue was up 11.7% compared to the same quarter last year.

Colliers International Group Dividend Announcement

The company also recently declared a semi-annual dividend, which was paid on Tuesday, January 14th. Stockholders 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 dividend yield of 0.2%. Colliers International Group’s dividend payout ratio (DPR) is 9.55%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Janus Henderson Group PLC acquired a new position in Colliers International Group during the 3rd quarter worth approximately $69,920,000. Franklin Resources Inc. boosted its stake in shares of Colliers International Group by 100.8% in the third quarter. Franklin Resources Inc. now owns 678,836 shares of the financial services provider’s stock valued at $102,261,000 after buying an additional 340,691 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Colliers International Group by 47.6% during the second quarter. The Manufacturers Life Insurance Company now owns 1,011,898 shares of the financial services provider’s stock worth $112,834,000 after acquiring an additional 326,453 shares during the period. Clearbridge Investments LLC raised its position in Colliers International Group by 91.3% in the second quarter. Clearbridge Investments LLC now owns 310,602 shares of the financial services provider’s stock worth $34,677,000 after acquiring an additional 148,265 shares in the last quarter. Finally, Loomis Sayles & Co. L P lifted its holdings in Colliers International Group by 55.5% in the third quarter. Loomis Sayles & Co. L P now owns 358,748 shares of the financial services provider’s stock valued at $54,461,000 after acquiring an additional 128,005 shares during the period. 80.09% of the stock is owned by hedge funds and other institutional investors.

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.