Colliers International Group (NASDAQ:CIGI) Releases Earnings Results, Beats Expectations By $0.03 EPS

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) announced its earnings results on Wednesday. The financial services provider reported $1.97 EPS for the quarter, beating the consensus estimate of $1.94 by $0.03, Briefing.com reports. Colliers International Group had a return on equity of 20.17% and a net margin of 1.81%. During the same quarter in the prior year, the business earned $1.64 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis.

Here are the key takeaways from Colliers International Group’s conference call:

• Third-quarter revenue rose 12% to $1.6 billion, adjusted EBITDA increased 14% to $219 million, and adjusted EPS grew 20% to $1.97. Management said about 70% of earnings come from repeat or recurring services, supporting resilience.
• Engineering net revenue grew 37%, primarily from acquisitions, with 4% organic growth and a backlog of more than 12 months; investment management net revenue increased 8%. Colliers also said recent acquisitions are expected to add about 5% to revenue and 7% to adjusted EBITDA in 2027 as they annualize.
• Colliers lowered its 2026 outlook to low-teens growth in each key metric, from mid-teens previously, citing geopolitical uncertainty and interest-rate volatility that are slowing commercial real estate transactions. Management said deals are generally being delayed rather than canceled, and expects fourth-quarter capital markets growth to be lower than previously anticipated.
• Investment management fundraising is progressing, but slower-than-expected capital deployment is delaying some management fees into early 2027. The segment’s margin was 38%, and management expects it to stabilize around 40% through 2027.

Colliers International Group Stock Down 3.3%

NASDAQ CIGI traded down $3.38 during trading on Wednesday, reaching $99.74. 493,117 shares of the company’s stock were exchanged, compared to its average volume of 287,958. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.61. Colliers International Group has a fifty-two week low of $83.21 and a fifty-two week high of $154.73. The company’s fifty day simple moving average is $93.39 and its 200-day simple moving average is $104.23. The firm has a market capitalization of $5.10 billion, a PE ratio of 47.44 and a beta of 1.18.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CIGI. Weiss Ratings raised Colliers International Group from a “sell (d)” rating to a “hold (c-)” rating in a research note on Thursday, August 6th. BMO Capital Markets reiterated an “outperform” rating on shares of Colliers International Group in a report on Thursday, September 24th. Scotia dropped their target price on shares of Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating on the stock in a research report on Friday, July 31st. Scotiabank cut their price target on shares of Colliers International Group from $145.00 to $130.00 and set a “sector outperform” rating on the stock in a report on Wednesday, October 28th. Finally, National Bank Financial reduced their price target on shares of Colliers International Group from $110.00 to $109.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Colliers International Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.86.

About Colliers International Group

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.