With over 72750.0 Colliers International Group Inc. (CIGI) shares trading Tuesday and a closing price of $103.13 on the day, the dollar volume was approximately $7.5 million. The shares have shown a negative half year performance of -15.55% and its price on 01/24/23 lost nearly -0.71%. Currently, there are 43.28M common shares owned by the public and among those 35.41M shares have been available to trade.
Insiders at the company have transacted a total of 339 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 92 of these insider trades were purchases, accounting for 1,028,789 shares. Insider sales of the common stock occurred on 247 occasions, with total insider shares sold totaling 575,366 shares.
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The top 3 mutual fund holders in Colliers International Group Inc. are Fidelity Canadian Opportunities F, Fidelity Canadian Balanced Fund, and British Columbia Inv Management C. Fidelity Canadian Opportunities F owns 0.9 million shares of the company’s stock, all valued at over $82.84 million. The company sold 35000.0 shares recently to bring their total holdings to about 2.16% of the shares outstanding. British Columbia Inv Management C bought 52505.0 shares to bring its total holdings to over 0.58 million shares at a value of $53.6 million. British Columbia Inv Management C now owns shares totaling to 1.40% of the shares outstanding.
Shares of Colliers International Group Inc. (NASDAQ: CIGI) opened at $104.515, up $0.64 from a prior closing price of $103.87. However, the script later moved the day high at 104.51, down -0.71%. The company’s stock has a 5-day price change of 2.60% and 7.98% over the past three months. CIGI shares are trading 12.05% year to date (YTD), with the 12-month market performance down to -25.04% lower. It has a 12-month low price of $84.16 and touched a high of $158.42 over the same period. CIGI has an average intraday trading volume of 84.66K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.10%, 9.92%, and -3.46% respectively.
Institutional ownership of Colliers International Group Inc. (NASDAQ: CIGI) shares accounts for 76.10% of the company’s 43.28M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $4.22B and a beta (3y monthly) value of 1.46. The stock’s trailing 12-month PE ratio is 70.16, while the earnings-per-share (ttm) stands at $1.47. The company has a PEG of 3.51 and a Quick Ratio of 1.00 with the debt-to-equity ratio at 3.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.54% over the week and 2.59% over the month.
Analysts forecast that Colliers International Group Inc. (CIGI) will achieve an EPS of $1.64 for the current quarter, $2.47 for the next quarter and $7.87 for 2023. The lowest estimate earnings-per-share for the quarter is $1.52 while analysts give the company a high EPS estimate of $1.82. Comparatively, EPS for the current quarter was $1.27 a year ago. Earnings per share for the fiscal year are expected to decrease by -844.60%, and 5.32% over the next financial year. EPS should grow at an annualized rate of 20.00% over the next five years, compared to -48.40% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 8 brokerage firm advisors rate Colliers International Group Inc. (CIGI) as a “Strong Buy” at a consensus score of 1.90. Specifically, 7 Wall Street analysts polled rate the stock as a buy, while 1 of the 8 advise that investors “hold,” and 0 rated it as a “Sell.”
Scotiabank coverage for the Colliers International Group Inc. (CIGI) stock in a research note released on September 27, 2022 offered a Sector Perform rating with a price target of $120. Raymond James on their part issued Strong Buy rating on January 24, 2022.
