Colliers Group (CIGI) Stock Forecast, Price Target & Predictions
CIGI Stock Forecast
Colliers Group stock forecast is as follows: an average price target of $150.00 (represents a 3.41% upside from CIGI’s last price of $145.06) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
CIGI Price Target
The average price target for Colliers Group (CIGI) is $150.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $155.00 to $145.00. This represents a potential 3.41% upside from CIGI's last price of $145.06.
CIGI Analyst Ratings
According to 9 Wall Street analysts, Colliers Group's rating consensus is 'Buy'. The analyst rating breakdown for CIGI stock is 1 'Strong Buy' (11.11%), 4 'Buy' (44.44%), 1 'Hold' (11.11%), 3 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Colliers Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 02, 2024 | Himanshu Gupta | Scotiabank | $155.00 | $140.30 | 10.48% | 6.85% |
| Jul 23, 2024 | Himanshu Gupta | Scotiabank | $150.00 | $132.52 | 13.19% | 3.41% |
| Jun 05, 2024 | Frederic Bastien | Raymond James | $150.00 | $110.47 | 35.79% | 3.41% |
| May 03, 2024 | Jimmy Shan | RBC Capital | $145.00 | $104.61 | 38.61% | -0.04% |
| Apr 17, 2024 | Michael Doumet | Scotiabank | $135.00 | $109.08 | 23.76% | -6.94% |
| May 31, 2023 | Jimmy Shan | RBC Capital | $128.00 | $93.27 | 37.24% | -11.76% |
The latest Colliers Group stock forecast, released on Aug 02, 2024 by Himanshu Gupta from Scotiabank, set a price target of $155.00, which represents a 10.48% increase from the stock price at the time of the forecast ($140.30), and a 6.85% increase from CIGI last price ($145.06).
Colliers Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $152.50 | $147.00 |
| Last Closing Price | $145.06 | $145.06 | $145.06 |
| Upside/Downside | -100.00% | 5.13% | 1.34% |
In the current month, the average price target of Colliers Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Colliers Group's last price of $145.06. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 23, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Jun 05, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| May 03, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 17, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Apr 17, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| Nov 22, 2023 | BMO Capital | Outperform | Outperform | Hold |
| May 31, 2023 | RBC Capital | - | Outperform | Initialise |
| Apr 10, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Jan 23, 2023 | Scotiabank | - | Outperform | Upgrade |
| Dec 12, 2022 | Morgan Stanley | - | Underweight | Downgrade |
Colliers Group's last stock rating was published by Scotiabank on Jul 23, 2024. The company gave CIGI a "Outperform" rating, the same as its previous rate.
Colliers Group Financial Forecast
Colliers Group Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.06B | - | $965.90M | $1.22B | $1.11B | $1.13B | $1.00B | $1.35B | $1.02B | $945.99M | $774.91M | $913.72M | $692.31M |
| Avg Forecast | $1.67B | $1.63B | $1.58B | $1.54B | $1.50B | $1.46B | $1.42B | $1.38B | $1.57B | $1.31B | $1.33B | $1.17B | $1.45B | $1.19B | $1.12B | $996.42M | $1.26B | $1.08B | $1.08B | $971.70M | $1.29B | $1.04B | $1.02B | $907.55M | $1.10B | $789.24M | $732.21M | $684.86M | $844.71M | $608.71M |
| High Forecast | $1.70B | $1.66B | $1.61B | $1.57B | $1.53B | $1.49B | $1.44B | $1.41B | $1.60B | $1.34B | $1.35B | $1.20B | $1.47B | $1.21B | $1.14B | $1.02B | $1.28B | $1.12B | $1.10B | $990.22M | $1.31B | $1.06B | $1.02B | $915.99M | $1.11B | $796.57M | $739.01M | $691.23M | $852.56M | $614.37M |
| Low Forecast | $1.64B | $1.60B | $1.55B | $1.51B | $1.47B | $1.43B | $1.39B | $1.35B | $1.54B | $1.29B | $1.30B | $1.15B | $1.42B | $1.15B | $1.09B | $977.77M | $1.25B | $1.04B | $1.06B | $953.51M | $1.26B | $1.03B | $1.02B | $895.72M | $1.09B | $778.94M | $722.66M | $675.93M | $833.69M | $600.77M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 12 | 13 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | - | 0.99% | 0.95% | 1.06% | 1.11% | 1.10% | 1.22% | 1.30% | 1.29% | 1.13% | 1.08% | 1.14% |
Colliers Group's average Quarter revenue forecast for Dec 23 based on 3 analysts is $1.26B, with a low forecast of $1.25B, and a high forecast of $1.28B. CIGI's average Quarter revenue forecast represents a 19.03% increase compared to the company's last Quarter revenue of $1.06B (Sep 23).
Colliers Group EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 12 | 13 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $138.23M | - | $101.42M | $183.53M | $154.91M | $159.32M | $121.78M | $193.47M | $126.39M | $-332.54M | $98.56M | $154.15M | $93.91M |
| Avg Forecast | $174.41M | $169.71M | $165.12M | $160.67M | $156.33M | $152.11M | $148.00M | $144.01M | $164.19M | $136.79M | $138.42M | $122.50M | $150.92M | $123.94M | $116.41M | $47.44M | $131.20M | $112.71M | $113.14M | $43.12M | $134.26M | $92.60M | $106.14M | $34.09M | $145.40M | $73.20M | $-372.92B | $50.07M | $76.70M | $39.64M |
| High Forecast | $177.74M | $172.94M | $168.27M | $163.73M | $159.31M | $155.01M | $150.82M | $146.75M | $167.32M | $139.40M | $141.06M | $124.84M | $153.80M | $126.04M | $118.63M | $56.92M | $133.38M | $117.22M | $115.30M | $51.75M | $136.82M | $111.12M | $106.14M | $40.91M | $174.48M | $87.84M | $-298.34B | $60.08M | $92.04M | $47.57M |
| Low Forecast | $171.15M | $166.53M | $162.03M | $157.66M | $153.40M | $149.26M | $145.23M | $141.31M | $161.12M | $134.23M | $135.83M | $120.21M | $148.09M | $119.73M | $114.23M | $37.95M | $130.10M | $108.11M | $111.03M | $34.50M | $131.74M | $74.08M | $106.14M | $27.27M | $116.32M | $58.56M | $-447.51B | $40.05M | $61.36M | $31.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | - | 2.35% | 1.37% | 1.67% | 1.50% | 3.57% | 1.33% | 1.73% | 0.00% | 1.97% | 2.01% | 2.37% |
3 analysts predict CIGI's average Quarter EBITDA for Dec 23 to be $131.20M, with a high of $133.38M and a low of $130.10M. This is -5.09% lower than Colliers Group's previous annual EBITDA (Sep 23) of $138.23M.
Colliers Group Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 12 | 13 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.11M | - | $-907.00K | $61.97M | $44.52M | $66.73M | $21.32M | $99.74M | $50.50M | $-412.60M | $24.81M | $49.57M | $31.98M |
| Avg Forecast | $115.33M | $72.99M | $84.31M | $63.14M | $110.22M | $69.71M | $80.29M | $60.22M | $102.74M | $62.75M | $62.09M | $39.53M | $91.06M | $57.13M | $50.79M | $-21.75M | $72.76M | $60.96M | $50.54M | $-19.78M | $83.78M | $20.93M | $82.59M | $-15.63M | $50.04M | $16.54M | $-433.08B | $3.78M | $24.87M | $13.91M |
| High Forecast | $118.19M | $74.80M | $86.40M | $64.71M | $112.95M | $71.44M | $82.28M | $61.71M | $105.29M | $64.31M | $63.63M | $40.51M | $93.31M | $59.78M | $52.05M | $-17.40M | $75.03M | $68.49M | $51.79M | $-15.82M | $85.86M | $25.11M | $82.59M | $-12.51M | $60.05M | $19.85M | $-346.47B | $4.54M | $29.84M | $16.69M |
| Low Forecast | $112.53M | $71.22M | $82.26M | $61.60M | $107.54M | $68.01M | $78.34M | $58.76M | $100.24M | $61.22M | $60.58M | $38.56M | $88.84M | $52.97M | $49.56M | $-26.10M | $70.10M | $57.02M | $49.31M | $-23.73M | $81.74M | $16.74M | $82.59M | $-18.76M | $40.03M | $13.24M | $-519.70B | $3.03M | $19.89M | $11.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | - | 0.05% | 0.74% | 2.13% | 0.81% | -1.36% | 1.99% | 3.05% | 0.00% | 6.56% | 1.99% | 2.30% |
Colliers Group's average Quarter net income forecast for Dec 23 is $72.76M, with a range of $70.10M to $75.03M. CIGI's average Quarter net income forecast represents a 189.72% increase compared to the company's last Quarter net income of $25.11M (Sep 23).
Colliers Group SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 12 | 13 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $279.94M | - | $281.54M | $309.15M | $269.96M | $266.28M | $250.71M | $327.36M | $252.85M | $231.92M | $210.60M | $218.00M | $172.96M |
| Avg Forecast | $422.32M | $410.91M | $399.82M | $389.03M | $378.52M | $368.30M | $358.36M | $348.68M | $397.56M | $331.22M | $335.17M | $296.62M | $365.43M | $300.09M | $281.86M | $292.60M | $317.67M | $272.91M | $273.96M | $266.00M | $325.08M | $293.92M | $257.01M | $210.27M | $378.42M | $232.35M | $185.05M | $177.53M | $161.20M | $113.66M |
| High Forecast | $430.37M | $418.75M | $407.44M | $396.44M | $385.74M | $375.32M | $365.19M | $355.33M | $405.14M | $337.53M | $341.56M | $302.28M | $372.39M | $305.18M | $287.23M | $351.12M | $322.96M | $283.82M | $279.18M | $319.20M | $331.28M | $352.70M | $257.01M | $252.33M | $454.10M | $278.82M | $186.77M | $213.04M | $193.44M | $136.39M |
| Low Forecast | $414.41M | $403.22M | $392.34M | $381.74M | $371.44M | $361.41M | $351.65M | $342.16M | $390.12M | $325.02M | $328.89M | $291.07M | $358.59M | $289.92M | $276.58M | $234.08M | $315.02M | $261.77M | $268.83M | $212.80M | $318.99M | $235.13M | $257.01M | $168.22M | $302.73M | $185.88M | $182.64M | $142.03M | $128.96M | $90.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | 1.06% | 0.95% | 0.92% | 1.04% | 1.19% | 0.87% | 1.09% | 1.25% | 1.19% | 1.35% | 1.52% |
Colliers Group's average Quarter SG&A projection for Dec 23 is $317.67M, based on 3 Wall Street analysts, with a range of $315.02M to $322.96M. The forecast indicates a 13.47% rise compared to CIGI last annual SG&A of $279.94M (Sep 23).
Colliers Group EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 12 | 13 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.53 | - | $-0.02 | $1.44 | $1.03 | $1.54 | $0.48 | $2.26 | $1.15 | $-9.52 | $0.62 | $1.24 | $0.80 |
| Avg Forecast | $3.13 | $1.98 | $2.29 | $1.71 | $2.99 | $1.89 | $2.18 | $1.63 | $2.79 | $1.70 | $1.68 | $1.07 | $2.47 | $1.55 | $1.38 | $0.94 | $1.97 | $1.65 | $1.37 | $1.38 | $2.27 | $1.60 | $1.69 | $1.25 | $1.83 | $1.03 | $0.88 | $0.61 | $1.44 | $0.76 |
| High Forecast | $3.20 | $2.03 | $2.34 | $1.75 | $3.06 | $1.94 | $2.23 | $1.67 | $2.85 | $1.74 | $1.73 | $1.10 | $2.53 | $1.62 | $1.41 | $0.96 | $2.03 | $1.86 | $1.40 | $1.42 | $2.33 | $1.64 | $1.69 | $1.26 | $1.85 | $1.04 | $0.89 | $0.62 | $1.45 | $0.77 |
| Low Forecast | $3.05 | $1.93 | $2.23 | $1.67 | $2.92 | $1.84 | $2.12 | $1.59 | $2.72 | $1.66 | $1.64 | $1.05 | $2.41 | $1.44 | $1.34 | $0.92 | $1.90 | $1.55 | $1.34 | $1.35 | $2.22 | $1.56 | $1.69 | $1.23 | $1.79 | $1.01 | $0.86 | $0.60 | $1.41 | $0.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | - | -0.02% | 0.63% | 0.64% | 0.91% | 0.38% | 1.24% | 1.11% | -10.88% | 1.02% | 0.86% | 1.05% |
According to 3 Wall Street analysts, Colliers Group's projected average Quarter EPS for Dec 23 is $1.97, with a low estimate of $1.90 and a high estimate of $2.03. This represents a 272.17% increase compared to CIGI previous annual EPS of $0.53 (Sep 23).
Colliers Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HOUS | Anywhere Real Estate | $5.42 | $8.50 | 56.83% | Sell |
| CSGP | CoStar Group | $75.73 | $100.88 | 33.21% | Buy |
| CWK | Cushman & Wakefield | $13.30 | $17.50 | 31.58% | Buy |
| RMAX | RE/MAX | $12.90 | $16.67 | 29.22% | Buy |
| JLL | Jones Lang LaSalle | $251.30 | $273.33 | 8.77% | Buy |
| CIGI | Colliers Group | $144.87 | $150.00 | 3.54% | Buy |
| CBRE | CBRE Group | $118.17 | $112.80 | -4.54% | Hold |
| NMRK | Newmark Group | $14.93 | $14.00 | -6.23% | Buy |
| MMI | Marcus & Millichap | $39.86 | $26.00 | -34.77% | Buy |
CIGI Forecast FAQ
Is Colliers Group a good buy?
Yes, according to 9 Wall Street analysts, Colliers Group (CIGI) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 4 'Buy' recommendations, accounting for 55.56% of CIGI's total ratings.
What is CIGI's price target?
Colliers Group (CIGI) average price target is $150 with a range of $145 to $155, implying a 3.41% from its last price of $145.06. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Colliers Group stock go up soon?
According to Wall Street analysts' prediction for CIGI stock, the company can go up by 3.41% (from the last price of $145.06 to the average price target of $150), up by 6.85% based on the highest stock price target, and down by -0.04% based on the lowest stock price target.
Can Colliers Group stock reach $200?
CIGI's average twelve months analyst stock price target of $150 does not support the claim that Colliers Group can reach $200 in the near future.
What are Colliers Group's analysts' financial forecasts?
Colliers Group's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.75B (high $5.86B, low $5.65B), average EBITDA is $600.44M (high $611.89M, low $589.2M), average net income is $320.45M (high $328.39M, low $312.65M), average SG&A $1.45B (high $1.48B, low $1.43B), and average EPS is $8.69 (high $8.9, low $8.48). CIGI's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $6.42B (high $6.54B, low $6.3B), average EBITDA is $669.91M (high $682.68M, low $657.37M), average net income is $335.78M (high $344.1M, low $327.61M), average SG&A $1.62B (high $1.65B, low $1.59B), and average EPS is $9.1 (high $9.33, low $8.88).
Did the CIGI's actual financial results beat the analysts' financial forecasts?
Based on Colliers Group's last annual report (Dec 2022), the company's revenue was $4.46B, beating the average analysts forecast of $4.26B by 4.80%. Apple's EBITDA was $619.54M, beating the average prediction of $367.09M by 68.77%. The company's net income was $194.54M, beating the average estimation of $171.66M by 13.33%. Apple's SG&A was $1.1B, beating the average forecast of $1.09B by 0.90%. Lastly, the company's EPS was $4.48, missing the average prediction of $6.81 by -34.21%. In terms of the last quarterly report (Sep 2023), Colliers Group's revenue was $1.06B, missing the average analysts' forecast of $1.08B by -2.21%. The company's EBITDA was $138.23M, beating the average prediction of $112.71M by 22.64%. Colliers Group's net income was $25.11M, missing the average estimation of $60.96M by -58.81%. The company's SG&A was $279.94M, beating the average forecast of $272.91M by 2.58%. Lastly, the company's EPS was $0.53, missing the average prediction of $1.65 by -67.93%