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Colliers International Group Inc.TSX:CIGI Stock Report

Market Cap CA$6.8b
Share Price
CA$132.81
CA$201.35
34.0% undervalued intrinsic discount
1Y-20.4%
7D4.8%
1D
Portfolio Value
View

Colliers International Group Inc.

TSX:CIGI Stock Report

Market Cap: CA$6.8b

Colliers International Group (CIGI) Stock Overview

Provides commercial real estate, engineering, and investment management solutions in the United States, Canada, Europe, Australia, the United Kingdom, Poland, China, India, and internationally. More details

CIGI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends0/6

CIGI Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Colliers International Group Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Colliers International Group
Historical stock prices
Current Share PriceCA$132.81
52 Week HighCA$239.26
52 Week LowCA$125.08
Beta1.26
1 Month Change-10.79%
3 Month Change-15.08%
1 Year Change-20.41%
3 Year Change2.95%
5 Year Change0.23%
Change since IPO4,519.48%

Recent News & Updates

Narrative Update May 17

CIGI: 2026 Guidance And Share Buyback Authorization Will Support Upside Potential

Narrative Update Overview The updated analyst price target for Colliers International Group reflects a reduction of about CA$10, as analysts factor in recent target cuts across the Street while still acknowledging company specific positives highlighted in their research. Analyst Commentary Recent research on Colliers International Group shows a mix of optimism about the business and caution on execution, with several firms adjusting their price targets following the latest Q4 results and guidance.

Recent updates

Narrative Update May 17

CIGI: 2026 Guidance And Share Buyback Authorization Will Support Upside Potential

Narrative Update Overview The updated analyst price target for Colliers International Group reflects a reduction of about CA$10, as analysts factor in recent target cuts across the Street while still acknowledging company specific positives highlighted in their research. Analyst Commentary Recent research on Colliers International Group shows a mix of optimism about the business and caution on execution, with several firms adjusting their price targets following the latest Q4 results and guidance.
New Narrative May 05

Engineering And Alternative Asset Tailwinds Will Drive A More Powerful Future For This Business

Catalysts About Colliers International Group Colliers International Group is a diversified professional services company focused on commercial real estate, engineering and investment management worldwide. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 30

CIGI: 2026 Guidance And AI Risk Repricing Will Support Upside Potential

Colliers International's analyst price target has shifted lower, with the updated fair value estimate moving from CA$243.73 to CA$211.36, as analysts factor in recent target cuts following a slight Q4 earnings miss, a modestly higher discount rate, and revised assumptions for growth, margins, and future P/E multiples. Analyst Commentary Recent Street research on Colliers International reflects a mixed but generally constructive view, with several firms lowering price targets after the slight Q4 earnings miss while still recognizing longer term strengths in the business model and portfolio.
New Narrative Apr 21

Engineering Expansion And AI Efficiency Will Shape Steady But Constrained Future Performance

Catalysts About Colliers International Group Colliers International Group operates a global professional services platform across commercial real estate, engineering and investment management. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 09

CIGI: 2026 Guidance And AI Risk Repricing Will Support Premium Multiple

Analysts have trimmed their average CA$ price targets on Colliers International Group by CA$10 to CA$20 after a slight Q4 earnings miss, while still pointing to steady long term assumptions on revenue growth, margins, and future P/E, supported by confidence that AI related disruption risks are being overstated. Analyst Commentary Research desks have mostly reset their models after the Q4 earnings miss, trimming price targets while keeping a close eye on execution and how AI risk is being priced into the shares.
Narrative Update Mar 25

CIGI: 2026 Guidance And New Leadership Will Support Premium Multiple

Narrative Update Overview Analysts have trimmed their average price targets on Colliers International Group by CA$10 to CA$20 across several firms after a slight Q4 earnings miss, while also highlighting underlying portfolio strength and characterizing recent AI risk concerns as overstated. Analyst Commentary Recent research on Colliers International Group reflects a mixed but generally constructive tone, with several firms lowering price targets after the Q4 earnings miss while still pointing to strengths in the business and valuation support.
Narrative Update Mar 10

CIGI: 2026 Guidance And AI Risk Reassessment Will Support Premium Multiple

Analysts have trimmed their CA$ price targets on Colliers International Group by roughly CA$10 to CA$20 per share, reflecting recent Q4 earnings weakness and modestly lower growth assumptions, while still pointing to underlying portfolio strength and what they view as manageable AI related risks. Analyst Commentary Recent Street research reflects a mixed but generally constructive tone on Colliers International Group, with several price target cuts following the Q4 earnings miss, alongside continued confidence in the company’s longer term earnings power and portfolio quality.
Narrative Update Feb 23

CIGI: 2026 Guidance And Limited Buybacks Will Support Premium Earnings Multiple

Analysts have trimmed their average price target on Colliers International Group by a few dollars to reflect a slightly lower fair value estimate of about CA$244, while still pointing to solid 2026 guidance, relatively modest Q4 earnings pressure and what they view as overstated AI disruption risks. Analyst Commentary Recent research updates cluster around a similar theme, with price targets brought down modestly following the Q4 earnings miss but ratings staying constructive.
Narrative Update Feb 07

CIGI: Higher Revenue And Margin Assumptions Will Sustain Premium Multiples

Analysts have nudged their price target on Colliers International Group to US$247.89, supported by updated assumptions for slightly higher revenue growth, modestly stronger profit margins and a lower future P/E multiple. Analyst Commentary Recent research paints a mixed picture for Colliers International Group, with some analysts more optimistic on execution and earnings power, and others focused on what still needs to go right for the current valuation to hold.
Narrative Update Jan 23

CIGI: Ongoing Platform Investment And Acquisition Optionality Will Sustain Premium Multiples

Analysts now set a new price target for Colliers International Group at US$247.89, reflecting updated assumptions for discount rate, revenue growth, profit margin and forward P/E that keep the fair value estimate broadly in line with prior views. What's in the News Colliers International Group maintained consolidated earnings guidance for 2025, with management indicating an expectation for low teens percent revenue growth for the full year 2025.
Narrative Update Jan 06

CIGI: Rising Recurring Revenue And Robust Q3 Setup Will Support Premium Multiples

Analysts have nudged their 12 month price target for Colliers International Group higher to $179 from $175, citing a robust Q3 backdrop for real estate services and what they view as an improved outlook with a greater share of recurring revenue. Analyst Commentary Analysts lifting their 12 month price target to $179 are leaning on what they describe as a solid setup for real estate services in Q3 and a view that Colliers is better positioned than some peers, particularly on recurring revenue.
Analysis Article Jan 05

Investors Interested In Colliers International Group Inc.'s (TSE:CIGI) Earnings

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 16x, you may consider...
Narrative Update Dec 21

CIGI: Rising Recurring Revenue Mix Will Support Premium Multiples Amid Robust Sector Backdrop

Analysts raised their price target for Colliers International Group to $179 from $175, citing a robust third quarter for real estate services, stronger sector returns, and an improved outlook driven by a higher mix of recurring revenue. Analyst Commentary Analysts largely interpret the higher price target as a reflection of solid execution and a strengthening growth profile for Colliers International Group, particularly in its recurring revenue streams.
Analysis Article Dec 08

Estimating The Fair Value Of Colliers International Group Inc. (TSE:CIGI)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Colliers International Group fair value estimate is CA$252...
Narrative Update Dec 07

CIGI: Rising Recurring Revenue Mix Will Support Outperformance As Long Yields Decline

Analysts have nudged their price target on Colliers International Group higher, reflecting a modest uptick in long term revenue growth assumptions and a richer future earnings multiple. This view is supported by recent research highlighting the companys improved outlook, increased recurring revenue mix, and a macro backdrop of lower long bond yields paired with steady GDP growth.
Narrative Update Nov 22

CIGI: Improved Recurring Revenue Mix Will Drive Outperformance In Favorable Market Conditions

Analysts have raised their price target for Colliers International Group, increasing it by $2.12. They point to encouraging sector performance and an improved outlook for recurring revenue and earnings growth.
Analysis Article Nov 07

Results: Colliers International Group Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Colliers International Group Inc. ( TSE:CIGI ) just released its latest third-quarter results and things are looking...
Narrative Update Nov 07

CIGI: Strong Margin Gains Will Support Further Outperformance in Coming Quarters

Analysts have raised their price target for Colliers International Group by $0.67 to $245.77. They cite a robust quarter, improved outlook, and stronger profit margins as key factors supporting the modest upward revision.
Narrative Update Oct 23

Recurring Revenue And Digital Expansion Will Drive Future Sector Outperformance

Analysts have made a slight downward adjustment to Colliers International Group’s fair value estimate, lowering it from $245.52 to $245.10 per share. They cite modestly tempered revenue growth expectations and subtle shifts in underlying discount rates, even amid a broadly positive sector outlook.
Narrative Update Oct 09

Alternative Asset Trends And Digital Transformation Will Unlock Future Opportunities

The analyst price target for Colliers International Group has increased from approximately $224 to $246. Analysts cite recent earnings beats, improved growth outlook, and favorable economic conditions as key drivers for the upward revision.
Analysis Article Sep 30

Pinning Down Colliers International Group Inc.'s (TSE:CIGI) P/E Is Difficult Right Now

Colliers International Group Inc.'s ( TSE:CIGI ) price-to-earnings (or "P/E") ratio of 71.3x might make it look like a...
Narrative Update Sep 11

Alternative Asset Trends And Digital Transformation Will Unlock Future Opportunities

Despite robust Q2 results, improved margins, strong engineering performance, and successful acquisitions supporting medium-term confidence, Colliers International Group’s consensus analyst price target was modestly lowered from CA$229.77 to CA$223.59. Analyst Commentary Q2 earnings and sales outperformance drove upward price target revisions.
Analysis Article Jul 19

Colliers International Group (TSE:CIGI) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 31

Should You Be Adding Colliers International Group (TSE:CIGI) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
User avatar
New Narrative Feb 09

Engineering And Capital Markets Recovery Will Drive Future Performance

Expected growth in Engineering and Investment Management segments boosting revenue, margins, and EBITDA through acquisitions and product innovation.

Shareholder Returns

CIGICA Real EstateCA Market
7D4.8%2.2%1.6%
1Y-20.4%-15.1%32.9%

Return vs Industry: CIGI underperformed the Canadian Real Estate industry which returned -14.2% over the past year.

Return vs Market: CIGI underperformed the Canadian Market which returned 33.7% over the past year.

Price Volatility

Is CIGI's price volatile compared to industry and market?
CIGI volatility
CIGI Average Weekly Movement5.4%
Real Estate Industry Average Movement5.6%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.9%

Stable Share Price: CIGI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CIGI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197223,660Jay Hennickwww.colliers.com

Colliers International Group Inc. provides commercial real estate, engineering, and investment management solutions in the United States, Canada, Europe, Australia, the United Kingdom, Poland, China, India, and internationally. The company offers capital markets services for property sales, debt finance, mortgage investment banking, and landlord and tenant representation services; and outsourcing services, such as building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract and construction management, valuation and appraisal review and management, portfolio or single asset valuation, financial reporting advisory, arbitration consulting, research, highest and best use studies, property tax reviews, appeals and litigation support, and occupier services, as well as loan servicing. It also engages in the planning, designing, and project management of assets, including bridges and structure, highway and traffic engineering, construction engineering and inspection, water, traffic planning, and rail; and provision of air quality assessments, brownfield redevelopment, environmental impact assessments, ground water resource development, site remediation, noise studies, land development and monitoring, and other services, as well as water, storm, and wastewater management services.

Colliers International Group Inc. Fundamentals Summary

How do Colliers International Group's earnings and revenue compare to its market cap?
CIGI fundamental statistics
Market capCA$6.79b
Earnings (TTM)CA$115.12m
Revenue (TTM)CA$7.92b
59.0x
P/E Ratio
0.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIGI income statement (TTM)
RevenueUS$5.73b
Cost of RevenueUS$3.43b
Gross ProfitUS$2.30b
Other ExpensesUS$2.21b
EarningsUS$83.33m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.63
Gross Margin40.09%
Net Profit Margin1.45%
Debt/Equity Ratio73.0%

How did CIGI perform over the long term?

See historical performance and comparison

Dividends

0.3%
Current Dividend Yield
18%
Payout Ratio

Does CIGI pay a reliable dividends?

See CIGI dividend history and benchmarks
When do you need to buy CIGI by to receive an upcoming dividend?
Colliers International Group dividend dates
Ex Dividend DateJun 30 2026
Dividend Pay DateJul 14 2026
Days until Ex dividend35 days
Days until Dividend pay date49 days

Does CIGI pay a reliable dividends?

See CIGI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 12:19
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Colliers International Group Inc. is covered by 17 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Will ChienAccountability Research Corporation
Stephen MacLeodBMO Capital Markets Equity Research
Erin KyleCIBC Capital Markets