Scotiabank Has Negative Outlook for CIGI FY2026 Earnings

Colliers International Group Inc. (NASDAQ:CIGIFree Report) (TSE:CIGI) – Equities research analysts at Scotiabank lowered their FY2026 earnings estimates for Colliers International Group in a report issued on Friday, April 17th. Scotiabank analyst H. Gupta now expects that the financial services provider will post earnings per share of $6.29 for the year, down from their previous estimate of $6.36. Scotiabank currently has a “Outperform” rating and a $155.00 target price on the stock. The consensus estimate for Colliers International Group’s current full-year earnings is $6.41 per share. Scotiabank also issued estimates for Colliers International Group’s FY2027 earnings at $7.38 EPS.

CIGI has been the topic of several other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Colliers International Group in a research report on Wednesday, January 21st. Wall Street Zen cut shares of Colliers International Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Zacks Research upgraded shares of Colliers International Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 2nd. National Bank Financial dropped their price objective on shares of Colliers International Group from $160.00 to $143.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Finally, Raymond James Financial dropped their price target on shares of Colliers International Group from $200.00 to $185.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Colliers International Group currently has a consensus rating of “Moderate Buy” and an average target price of $166.00.

Check Out Our Latest Research Report on Colliers International Group

Colliers International Group Price Performance

Shares of CIGI stock opened at $115.16 on Wednesday. Colliers International Group has a 52-week low of $95.66 and a 52-week high of $171.51. The stock has a market cap of $5.89 billion, a PE ratio of 57.29 and a beta of 1.45. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. The firm’s 50 day moving average price is $111.42 and its two-hundred day moving average price is $134.78.

Institutional Investors Weigh In On Colliers International Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of Colliers International Group in the third quarter valued at $26,000. Arax Advisory Partners grew its stake in shares of Colliers International Group by 137.0% during the fourth quarter. Arax Advisory Partners now owns 218 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 126 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Colliers International Group during the fourth quarter worth about $32,000. JPMorgan Chase & Co. purchased a new stake in Colliers International Group in the second quarter valued at approximately $39,000. Finally, EverSource Wealth Advisors LLC boosted its position in Colliers International Group by 26.3% in the second quarter. EverSource Wealth Advisors LLC now owns 303 shares of the financial services provider’s stock valued at $40,000 after buying an additional 63 shares during the last quarter. Institutional investors own 80.09% of the company’s stock.

Colliers International Group Company Profile

(Get Free Report)

Colliers International Group Inc is a global commercial real estate services and investment management firm offering a full suite of solutions to occupiers, owners and investors. The company’s real estate services encompass brokerage and agency leasing, capital markets advisory, property and facility management, valuation and advisory, project and development services, workplace and corporate real estate solutions, and market research. Through these offerings, Colliers supports clients across the entire real estate life cycle, from site selection to asset disposition.

The firm operates through two principal segments: real estate services and investment management.

Featured Articles

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.