Colliers InternationalCIGI
CIGI
About: Colliers International Group Inc is a real estate services and investment management company. The company provides commercial real estate professional services and investment management to corporate and institutional clients around the world. It's primary service lines are Outsourcing & Advisory, Investment Management, Leasing and Capital Markets. Operationally, company is organized into four distinct segments: Americas; Europe, Middle East and Africa, Asia and Australasia and Investment Management.
Employees: 19,230
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
138% more call options, than puts
Call options by funds: $4.01M | Put options by funds: $1.69M
136% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 14
32% more capital invested
Capital invested by funds: $3.92B [Q2] → $5.17B (+$1.25B) [Q3]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
11% more funds holding
Funds holding: 169 [Q2] → 188 (+19) [Q3]
2.1% less ownership
Funds ownership: 71.52% [Q2] → 69.42% (-2.1%) [Q3]
38% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 79
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$167
24%
upside
Avg. target
$170
26%
upside
High target
$174
30%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
JP Morgan Anthony Paolone 39% 1-year accuracy 7 / 18 met price target | 24%upside $167 | Neutral Initiated | 16 Dec 2024 |
Goldman Sachs Julien Blouin 25% 1-year accuracy 2 / 8 met price target | 27%upside $170 | Neutral Initiated | 6 Dec 2024 |
Scotiabank Himanshu Gupta 50% 1-year accuracy 2 / 4 met price target | 25%upside $168 | Sector Outperform Maintained | 6 Nov 2024 |
RBC Capital Jimmy Shan 57% 1-year accuracy 4 / 7 met price target | 30%upside $174 | Outperform Maintained | 21 Oct 2024 |
Financial journalist opinion
Based on 4 articles about CIGI published over the past 30 days
Neutral
GlobeNewsWire
3 weeks ago
John Munday named CEO of Colliers UK
LONDON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers announced today that John Munday will be promoted to Chief Executive Officer (CEO) of Colliers UK, effective 3 March 2025. Munday will set the strategic direction of the top-tier UK transactional and advisory services business of more than 1,000 employees.
Neutral
GlobeNewsWire
3 weeks ago
Colliers announces appointment of John Sullivan to Board of Directors
TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced that John Sullivan has been appointed to the Board of Directors, effective today.
Neutral
GlobeNewsWire
3 weeks ago
Colliers declares semi-annual dividend
TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of US$0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on January 14, 2025 to holders of Common Shares of record at the close of business on December 31, 2024. The dividend is an "eligible dividend" for Canadian income tax purposes.
Neutral
GlobeNewsWire
3 weeks ago
Colliers partners with leading architecture firm
Expands national footprint and enhances architectural and strategic planning capabilities Expands national footprint and enhances architectural and strategic planning capabilities
Neutral
GlobeNewsWire
1 month ago
Colliers expands credit facility to US$2.25 billion
TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") today announced the expansion and extension of its unsecured multi-currency revolving credit facility (the “Credit Facility”) for a new five-year term, maturing November 2029. The updated Credit Facility replaces the previous agreement which was set to mature in May 2027 and increases borrowing capacity to $2.25 billion from $1.75 billion.
Neutral
GlobeNewsWire
1 month ago
Colliers' 2025 Global Investor Outlook reveals renewed investor optimism in commercial real estate as pricing stabilizes
Broad momentum across asset classes, private wealth to reshape capital flows LONDON and TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers released its 2025 Global Investor Outlook , revealing renewed investor optimism and confidence that the commercial property market has moved past an inflection point following two years of muted transactions. On the back of subsiding inflation, lower interest rates, an improved economic outlook and expansive fundraising, Colliers anticipates a new market environment to emerge, more diverse – by asset class and investor base – than the one it replaced.
Neutral
GlobeNewsWire
1 month ago
Jeroen Lokerse appointed CEO of Colliers Netherlands
AMSTERDAM, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers announced the appointment of Jeroen Lokerse as CEO of the Netherlands. Lokerse will be responsible for accelerating the strategic direction and sustained growth of the Dutch business while enhancing the opportunities available to our people within the Netherlands.
Neutral
Seeking Alpha
1 month ago
Colliers International Group Inc. (CIGI) Q3 2024 Earnings Call Transcript
Colliers International Group Inc. (NASDAQ:CIGI ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Jay Hennick - Global Chairman and CEO Christian Mayer - CFO Chris McLernon - CEO, Real Estate Services Conference Call Participants Stephen Sheldon - William Blair Jimmy Shan - RBC Capital Markets Himanshu Gupta - Scotia Capital Daryl Young - Stifel Frederic Bastien - Raymond James Operator Welcome to the Colliers International Third Quarter Investors Conference Call. Today's call is being recorded.
Negative
Zacks Investment Research
1 month ago
Colliers International (CIGI) Lags Q3 Earnings Estimates
Colliers International (CIGI) came out with quarterly earnings of $1.32 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.19 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Colliers Reports Third Quarter Results
Solid growth across all service lines and segments Re-aligned operating segments to better reflect value and growth Third quarter and year to date operating highlights: Three months ended Nine months ended September 30 September 30 (in millions of US$, except EPS) 2024 2023 2024 2023 Revenues $ 1,179.1 $ 1,056.0 $ 3,320.4 $ 3,100.0 Adjusted EBITDA (note 1) 154.6 144.9 419.0 396.6 Adjusted EPS (note 2) 1.32 1.19 3.46 3.36 GAAP operating earnings 109.7 70.9 267.8 168.3 GAAP diluted net earnings (loss) per share 0.73 0.53 1.73 (0.04 ) TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced operating and financial results for the third quarter ended September 30, 2024. All amounts are in US dollars.
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