<div id="readability-page-1"><p>Colliers International Group (NASDAQ:CIGI - Get Free Report) <span>TSE: CIGI<span></span></span> posted its earnings results on Thursday. The financial services provider reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.20, Briefing.com reports. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.29 billion. Colliers International Group had a return on equity of 21.13% and a net margin of 2.17%. The company's revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.36 earnings per share.</p><h2>Colliers International Group Stock Performance</h2><p>NASDAQ CIGI traded up $0.12 during trading on Friday, reaching $150.83. 173,444 shares of the company's stock were exchanged, compared to its average volume of 140,265. The business has a 50 day moving average price of $132.10 and a 200-day moving average price of $127.70. The stock has a market capitalization of $7.46 billion, a P/E ratio of 68.56 and a beta of 1.39. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.17 and a quick ratio of 1.17. Colliers International Group has a fifty-two week low of $100.86 and a fifty-two week high of $156.96. </p><h2>Colliers International Group Dividend Announcement</h2><p>The firm also recently declared a semi-annual dividend, which was paid on Monday, July 14th. Shareholders of record on Monday, June 30th were given a dividend of $0.15 per share. This represents a yield of 20.0%. The ex-dividend date of this dividend was Monday, June 30th. Colliers International Group's payout ratio is 13.64%. </p><h2>Analyst Upgrades and Downgrades</h2><p>CIGI has been the topic of a number of research reports. Stifel Nicolaus boosted their price target on Colliers International Group from $165.00 to $180.00 and gave the company a &#34;buy&#34; rating in a report on Friday. Citizens Jmp initiated coverage on Colliers International Group in a report on Monday, July 21st. They issued a &#34;market perform&#34; rating on the stock. JPMorgan Chase &amp; Co. cut their price target on Colliers International Group from $167.00 to $142.00 and set a &#34;neutral&#34; rating on the stock in a report on Thursday, April 10th. Scotiabank boosted their price target on Colliers International Group from $155.00 to $170.00 and gave the company a &#34;sector outperform&#34; rating in a report on Friday. Finally, CIBC boosted their price target on Colliers International Group from $149.00 to $175.00 and gave the company an &#34;outperformer&#34; rating in a report on Friday. Six equities research analysts have rated the stock with a hold rating, six have assigned  a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $168.40.</p><p><b>Check Out Our Latest Stock Report on Colliers International Group</b></p><h2>Hedge Funds Weigh In On Colliers International Group</h2><p>A hedge fund recently raised its stake in Colliers International Group stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of  Colliers International Group Inc. (NASDAQ:CIGI - Free Report) <span>TSE: CIGI<span></span></span> by 1.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund owned 45,408 shares of the financial services provider's stock after buying an additional 505 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.09% of Colliers International Group worth $5,508,000 at the end of the most recent reporting period. 80.09% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Colliers International Group</h2> (Get Free Report)<p>Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Colliers International Group</li><li>What is the FTSE 100 index? </li><li>Bitcoin and Dividends: A Winning Combo in These 3 ETFs</li><li>Insider Trades May Not Tell You What You Think</li><li>Is PG&amp;E an AI Power Play? Why Options Traders Are Betting Big</li><li>The Role Economic Reports Play in a Successful Investment Strategy</li><li>MarketBeat Week in Review – 07/28 - 08/01</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0lHSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0lHSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Colliers International Group Right Now?</h2><p>Before you consider Colliers International Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Colliers International Group wasn't on the list.</p><p>While Colliers International Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CIGI

<p>Colliers International Group (NASDAQ:CIGI) reported quarterly earnings of $1.72 EPS, exceeding estimates of $1.52. Revenue reached $1.37 billion, surpassing the $1.29 billion forecast, marking an 18.3% year-over-year increase. The company has a return on equity of 21.13% and a net margin of 2.17%. Additionally, a semi-annual dividend of $0.15 per share was declared. Analysts have mixed ratings, with price targets ranging from $142 to $180. The stock traded at $150.83, with a market cap of $7.46 billion and a P/E ratio of 68.56.</p>

Colliers International Group (NASDAQ:CIGI) Issues Quarterly Earnings Results