Colliers International Group Inc. (NASDAQ:CIGI) shares traded -1.17% lower at $94.32 on Wall Street last session.
In accordance with the data, 8 analysts cover Colliers International Group Inc. (NASDAQ:CIGI). The consensus rating among analysts is ‘Overweight’. CIGI stock price is now -4.06% away from the 50-day moving average and -19.06% away from the 200-day moving average. The market capitalization of the company currently stands at $3.77B.
It has been rated a hold by 3 analysts and a buy by 5.
, while ‘Goldman’ rates the stock as ‘Neutral’.
Insiders disposed of 161,691 shares of company stock worth roughly $15.25 million over the past 1 year. A total of 11.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CIGI stock. A new stake in Colliers International Group Inc. shares was purchased by PCJ INVESTMENT COUNSEL LTD. during the first quarter worth $4,150,000. JANE STREET GROUP, LLC invested $2,889,000 in shares of CIGI during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in Colliers International Group Inc. valued at approximately $1,245,000. BALYASNY ASSET MANAGEMENT LLC acquired a new stake in CIGI for approximately $758,000. STATE OF WISCONSIN INVESTMENT BOARD purchased a new stake in CIGI valued at around $710,000 in the second quarter.
Colliers International Group Inc. (NASDAQ: CIGI) opened at $95.00 on Wednesday. During the past 12 months, Colliers International Group Inc. has had a low of $84.16 and a high of $158.42. As of last week, the company has a debt-to-equity ratio of 3.09, a current ratio of 1.00, and a quick ratio of 1.00. The fifty day moving average price for CIGI is $98.32 and a two-hundred day moving average price translates $116.53 for the stock.
The latest earnings results from Colliers International Group Inc. (NASDAQ: CIGI) was released for Jun, 2022. The net profit margin was 1.50% and return on equity was 13.00% for CIGI. The company reported revenue of $1.11 billion for the quarter, compared to $1.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.37 percent.
Moreover, the firm recently paid out its quarterly dividend on 07/14/2022. Investors who held shares on 06/30/2022 were paid a $0.15 dividend. On an annualized basis, this represents a $0.30 dividend and a 0.32% percent yield. There was an ex-dividend date of 06/29/2022 for this dividend. In terms of dividend payout ratio, CIGI is presently at 19.50%.