Research Analysts Set Expectations for CIGI FY2025 Earnings

Colliers International Group Inc. (NASDAQ:CIGI) (TSE:CIGI) – Analysts at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for shares of Colliers International Group in a note issued to investors on Wednesday, March 19th. Scotiabank analyst H. Gupta now expects that the financial services provider will post earnings of $6.06 per share for the year, down from their prior estimate of $6.49. Scotiabank has a “Sector Outperform” rating and a $166.00 price objective on the stock. The consensus estimate for Colliers International Group’s current full-year earnings is $6.20 per share.

CIGI has been the subject of several other research reports. CIBC began coverage on Colliers International Group in a report on Tuesday, March 4th. They issued a “sector outperform” rating and a $160.00 price objective for the company. StockNews.com downgraded Colliers International Group from a “buy” rating to a “hold” rating in a research note on Thursday, March 20th. Cibc World Mkts upgraded shares of Colliers International Group to a “strong-buy” rating in a research note on Tuesday, March 4th. William Blair reissued an “outperform” rating on shares of Colliers International Group in a report on Friday, February 28th. Finally, Colliers Securities set a $160.00 target price on shares of Colliers International Group in a report on Tuesday, March 4th. Four analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $164.40.

Colliers International Group Trading Up 3.5 %

NASDAQ:CIGI opened at $126.96 on Monday. The company has a market cap of $6.26 billion, a PE ratio of 39.80 and a beta of 1.58. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.13. The company has a 50 day simple moving average of $131.64 and a two-hundred day simple moving average of $141.03. Colliers International Group has a 12 month low of $101.01 and a 12 month high of $156.96.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last announced its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $2.40 by ($0.53). Colliers International Group had a return on equity of 20.38% and a net margin of 3.35%.

Institutional Investors Weigh In On Colliers International Group

A number of institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC lifted its position in shares of Colliers International Group by 1,752.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 315 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 298 shares in the last quarter. Plato Investment Management Ltd lifted its holdings in Colliers International Group by 16.0% in the 4th quarter. Plato Investment Management Ltd now owns 856 shares of the financial services provider’s stock worth $117,000 after purchasing an additional 118 shares in the last quarter. Tobam boosted its stake in Colliers International Group by 12.0% in the 4th quarter. Tobam now owns 913 shares of the financial services provider’s stock worth $124,000 after purchasing an additional 98 shares during the period. Venturi Wealth Management LLC bought a new position in Colliers International Group in the 4th quarter worth approximately $145,000. Finally, CIBC Private Wealth Group LLC grew its holdings in Colliers International Group by 44.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,220 shares of the financial services provider’s stock valued at $164,000 after buying an additional 378 shares in the last quarter. Hedge funds and other institutional investors own 80.09% of the company’s stock.

About Colliers International Group

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.