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Colliers International Group (CIGI-T)
TSE:CIGI
188.23
5.31
(2.74%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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U.S. inflation in-line, stocks rallyMost Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)Weekly 52-Week Low (or 52-Week High): BAM-T, IAG-T, ONC-T, CCB-X and More 52-Week Highs and Lows (Oct 02-08)This summary was created by AI, based on 4 opinions in the last 12 months.
Colliers International Group (CIGI) has garnered attention as a top pick, recently benefiting from rate cuts in a market that shows signs of pent-up demand, particularly after positive results from peer CBRE. Despite a challenging few years for real estate, experts highlight CIGI's strong foundational capabilities, including a diverse global presence, with 50% of revenue from the US and a profitability metric of 20% Return on Equity (ROE) that outpaces market averages. However, the high valuation at 20x Price to Earnings (PE) is a concern, leading some analysts to suggest waiting for a price drop to $120 for more favorable entry. The current sentiment acknowledges potential headwinds from rising interest rates, particularly in office real estate, while also indicating that if rates are expected to decline, CIGI could see significant recovery. Consequently, some experts recommend a cautious approach of buying incrementally while monitoring macroeconomic indicators in the next few quarters.
$213.700
Owned
A turnaround. Building recurring income. Owned since 1988. Great company. Hiccup last couple of years with real estate, rest is going well.
Globally diversified, with 50% of revenue from US. Profitability is 20% ROE, considerably higher than market average of 12% in Canada, and US average of 14%. More leverage than he's comfortable with. Share price has moved sideways for a couple of years. Virtually no yield, so you need capital appreciation to create alpha. 20x PE, quite expensive for a real estate company. He'd be interested around $120.
Real estate has been impacted heavily by higher interest rates. Office RE has been hit the most as there remains vacancies in offices. But if you feel that rates will decline (likely), CIGI will do better. If you like this name, buy a little now then wait 1-4 quarters and watch rates before adding more.
Getting into real estate investment management, a pretty good business. Leasing and brokerage and office are not good right now. Hard to get people to come in to work. Trying to diversify. Trusts the CEO. Prefers FSV.
It grows organically and by acquisition but when buying another company it leaves 25% of the shares in the hands of existing management which motivates them to make it work. It is the fastest growing global commercial real estate services company.
It is in the real estate sector and rising interest rates have hurt the price. The downturn in the real estate market has been an opportunity and Colliers has been taking advantage of it. Also the brokerage part of the business has been getting no value in the price of the stock. Management has had a great track record over the years. Buy 8 Hold 1 Sell 0
(Analysts’ price target is $158.15)It is in the business of real estate. It has grown through acquisitions and does well during downturns.
Colliers International Group(CIGI-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Colliers International Group(CIGI-T) Frequently Asked Questions
What is Colliers International Group stock symbol?
Colliers International Group is a Canadian stock, trading under the symbol CIGI-T on the Toronto Stock Exchange (CIGI-CT). It is usually referred to as TSX:CIGI or CIGI-T
Is Colliers International Group a buy or a sell?
In the last year, 4 stock analysts published opinions about CIGI-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Colliers International Group.
Is Colliers International Group a good investment or a top pick?
Colliers International Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Colliers International Group.
Why is Colliers International Group stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Colliers International Group worth watching?
4 stock analysts on Stockchase covered Colliers International Group In the last year. It is a trending stock that is worth watching.
What is Colliers International Group stock price?
On 2025-02-11, Colliers International Group (CIGI-T) stock closed at a price of $188.23.
There's still upside. CIGI has benefited from rate cuts, since CIGI is in real estate. Peer CBRE announced strong results two weeks including double-digit revenue growth. There seems to be pent-up demand in the market. They use economic downturns not only to buy companies, but hire top talent. They have a record number of commercial RE brokers and agents.