Reported Earnings • Jul 31
Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2026 results: EPS: US$0.56 (up from US$0.079 in 2Q 2025). Revenue: US$1.57b (up 17% from 2Q 2025). Net income: US$28.5m (up US$24.5m from 2Q 2025). Profit margin: 1.8% (up from 0.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Jul 30
Colliers International Group Inc. Reaffirms Consolidated Earnings Guidance for the Year 2026 Colliers International Group Inc. reaffirmed consolidated earnings guidance for the year 2026. On a consolidated basis, the Company expects to generate mid-teens percentage growth in each of revenues. Annonce • Jul 07
Colliers International Group Inc. to Report Q2, 2026 Results on Jul 30, 2026 Colliers International Group Inc. announced that they will report Q2, 2026 results at 7:00 AM, US Eastern Standard Time on Jul 30, 2026 Upcoming Dividend • Jun 23
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 30 June 2026. Payment date: 14 July 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (2.2%). Declared Dividend • May 14
Dividend of US$0.15 announced Dividend of US$0.15 is the same as last year. Ex-date: 30th June 2026 Payment date: 14th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 11%. Annonce • May 12
Colliers International Group Inc. Declares Semi-Annual Dividend, Payable on July 14, 2026 Colliers International Group Inc. announced that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of USD 0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on July 14, 2026 to holders of Common Shares of record at the close of business on June 30, 2026. Reported Earnings • May 06
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: US$0.47 loss per share (further deteriorated from US$0.084 loss in 1Q 2025). Revenue: US$1.31b (up 15% from 1Q 2025). Net loss: US$24.0m (loss widened 464% from 1Q 2025). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annonce • Mar 16
Colliers International Group Inc. to Report Q1, 2026 Results on May 05, 2026 Colliers International Group Inc. announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 05, 2026 Annonce • Feb 24
Colliers International Group Inc. Announces Chief Executive Officer Changes for Iberia Colliers International Group Inc. announced the appointment of Laura Hernando as Chief Executive Officer (CEO) for Iberia, with her start scheduled in the second quarter of 2026. She succeeds Mikel Echavarren, who will maintain a key strategic role as Chairman for the Iberian region. Hernando will also continue as Managing Director of Hotels for Colliers Spain. Hernando brings more than two decades of expertise in the Iberian market. She has played a pivotal role in the country’s most significant hotel transactions, including single assets, portfolios, corporate deals, and financial restructurings. She has been a key member of Colliers since joining through the acquisition of IREA in 2018. Echavarren will continue to work closely with Laura and the leadership team to ensure seamless client service and support strategic growth. He will also maintain his role on Colliers’ EMEA Senior Leadership Team. Price Target Changed • Feb 18
Price target decreased by 7.1% to US$171 Down from US$184, the current price target is an average from 2 analysts. New target price is 47% above last closing price of US$116. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$4.03 for next year compared to US$2.03 last year. Annonce • Feb 17
Colliers International Group Inc., Annual General Meeting, Mar 31, 2026 Colliers International Group Inc., Annual General Meeting, Mar 31, 2026. Reported Earnings • Feb 15
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$2.03 (down from US$3.24 in FY 2024). Revenue: US$5.56b (up 15% from FY 2024). Net income: US$103.1m (down 36% from FY 2024). Profit margin: 1.9% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Feb 13
Colliers International Group Inc. Provides Consolidated Earnings Guidance for the Year 2026 Colliers International Group Inc. provided consolidated earnings guidance for the year 2026. For the year, On a consolidated basis, the Company expects to deliver mid teens growth in revenues. Buy Or Sell Opportunity • Feb 12
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to US$118. The fair value is estimated to be US$162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 75% in the next 2 years. Annonce • Feb 04
Colliers International Group Inc. (TSX:CIGI) agreed to acquire Ayesa Engineering SA from Ayesa Inversiones S.L.U. for $700 million. Colliers International Group Inc. (TSX:CIGI) agreed to acquire Ayesa Engineering SA from Ayesa Inversiones S.L.U. for $700 million on February 3, 2026. A cash consideration of $700 million will be paid by Colliers International Group Inc. As part of consideration, $700 million is paid towards common equity of Ayesa Engineering SA.
For the period ending December 31, 2025, Ayesa Engineering SA reported total revenue of $370 million. The expected completion of the transaction is April 1, 2026 to June 30, 2026.
Alantra Partners, S.A. acted as financial advisor for Colliers International Group Inc. Uría Menéndez Abogados, S.L.P. acted as legal advisor for Colliers International Group Inc. Pérez-Llorca Abogados, S.L.P. and Weil, Gotshal & Manges LLP acted as legal advisor for Ayesa Inversiones S.L.U. and its owners, A&M Capital Europe and the Manzanares family. Baird and Arcano Partners acted as financial advisor for Ayesa Inversiones S.L.U. and its owners, A&M Capital Europe and the Manzanares family. Annonce • Jan 23
Colliers France Announces Executive Changes Colliers France has appointed Ludovic Delaisse as Chief Executive Officer (CEO), effective January 23, 2026. Ludovic Delaisse succeeds Antoine Derville, who will continue as Chairman of Colliers France. Ludovic Delaisse brings more than 30 years of industry experience, including senior roles at JLL and Cushman & Wakefield. Since 2021, Delaisse has served as Managing Director at Colliers France, overseeing all transactional and advisory service lines. Ludovic Delaisse’s focus will be on delivering exceptional client outcomes while creating an environment where talent can innovate and grow. Under Derville’s leadership, Colliers France has undergone significant transformation, building a strong foundation for growth and strengthening its transactional expertise and reputation. Buy Or Sell Opportunity • Jan 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to US$143. The fair value is estimated to be US$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 67% in the next 2 years. Annonce • Jan 14
Colliers International Group Inc. to Report Q4, 2025 Results on Feb 13, 2026 Colliers International Group Inc. announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 13, 2026 Buy Or Sell Opportunity • Jan 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.5% to US$145. The fair value is estimated to be US$183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 72% in the next 2 years. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 14 January 2026. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.4%). Recent Insider Transactions • Dec 12
Chief Financial Officer recently sold US$2.9m worth of stock On the 10th of December, Christian Mayer sold around 20k shares on-market at roughly US$143 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.5m. This was Christian's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Dec 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to US$142. The fair value is estimated to be US$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 72% in the next 2 years. Declared Dividend • Dec 04
Dividend of US$0.15 announced Dividend of US$0.15 is the same as last year. Ex-date: 31st December 2025 Payment date: 14th January 2026 Dividend yield will be 0.2%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 7%. Annonce • Dec 03
Colliers International Group Inc. Declares Semi Annual Cash Dividend on Outstanding Subordinate Voting Shares and Multiple Voting Shares, Payable on January 14, 2026 Colliers International Group Inc. announced that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of USD 0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on January 14, 2026 to holders of Common Shares of record at the close of business on December 31, 2025. Annonce • Dec 02
Colliers Names Pat Buckley as Managing Director for North Florida Brokerage Operations Colliers is adding a familiar face to its North Florida leadership team, naming longtime commercial real estate executive Pat Buckley as its new Managing Director and Brokerage Market Leader for the region. The move marks a homecoming for Buckley, who began his career at Colliers in Boston and now returns to oversee brokerage activity across Jacksonville and Gainesville. In his new role, Buckley will lead recruitment, retention and business development efforts while working closely with Colliers' statewide and national leadership. Buckley begins the role immediately. Buckley joins Colliers with two decades of experience advising tenants and landlords, most recently serving as senior vice president at Foundry Commercial in Jacksonville. His background also includes leadership posts with NAI Hallmark, Avison Young and Transwestern RBJ/CBRE, giving him broad exposure across brokerage, operations and market-expansion strategy. Buy Or Sell Opportunity • Nov 17
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to US$139. The fair value is estimated to be US$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 72% in the next 2 years. Annonce • Nov 06
Colliers Announces Appointment of Brian Rosen as President, U.S. Northeast Region Brokerage Colliers announced the appointment of Brian Rosen to the role of President, U.S. Northeast Region Brokerage in addition to his current position as President and Chief Executive Officer | Canada. Rosen’s new responsibilities will take effect January 1, 2026. This appointment underscores Colliers’ commitment to accelerating strategic growth in priority markets. The U.S. Northeast represents a significant growth opportunity for Colliers and Rosen is uniquely positioned to lead it. A dual citizen born in New Jersey, Rosen has lived, worked and studied in the U.S., earning a Bachelor of Arts from Princeton University and an MBA from Harvard Business School. Since joining Colliers in 2019 – first as COO and now as CEO of Colliers Canada – Rosen has consistently demonstrated the ability to translate strategy into action and deliver measurable impact. His expanded role will further strengthen Colliers’ platform and reinforce its commitment to delivering exceptional results for clients. Reported Earnings • Nov 05
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$0.83 (up from US$0.74 in 3Q 2024). Revenue: US$1.46b (up 24% from 3Q 2024). Net income: US$42.2m (up 13% from 3Q 2024). Profit margin: 2.9% (down from 3.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 44%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • Nov 05
Colliers International Group Inc. Maintains Consolidated Earnings Guidance for the Year 2025 Colliers International Group Inc. maintained consolidated earnings guidance for the year 2025. On a consolidated basis, low-teens percentage revenue growth is expected for the full year 2025. The outlook reflects expectations of continuing lower global trade uncertainty and lower interest rate volatility for the fourth quarter. The outlook drivers by segment are discussed in the accompanying earnings call presentation. Buy Or Sell Opportunity • Oct 13
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to US$153. The fair value is estimated to be US$125, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 70% in the next 2 years. Annonce • Oct 09
Colliers International Group Inc. to Report Q3, 2025 Results on Nov 04, 2025 Colliers International Group Inc. announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 04, 2025 Recent Insider Transactions • Oct 03
Non-Independent Director recently sold US$324k worth of stock On the 26th of September, Katherine Lee sold around 2k shares on-market at roughly US$156 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.5m. Insiders have been net sellers, collectively disposing of US$26m more than they bought in the last 12 months. Recent Insider Transactions • Sep 21
Senior VP & Chief Accounting Officer recently sold US$5.5m worth of stock On the 18th of September, Robert Hemming sold around 33k shares on-market at roughly US$167 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$8.7m. Insiders have been net sellers, collectively disposing of US$25m more than they bought in the last 12 months. Reported Earnings • Aug 01
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.079 (down from US$0.73 in 2Q 2024). Revenue: US$1.35b (up 18% from 2Q 2024). Net income: US$4.01m (down 89% from 2Q 2024). Profit margin: 0.3% (down from 3.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 87%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Jul 31
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Significant insider selling over the past 3 months (US$17m sold). Annonce • Jul 31
Colliers International Group Inc. Increases Earnings Guidance for the Year 2025 Colliers International Group Inc. increased earnings guidance for the year 2025. For the year, company is updating and increasing its outlook for 2025 to reflect year to date operating results and the partial year impact of completed acquisitions, including RoundShield. On a consolidated basis, low-teens percentage revenue growth (previously high single-digit to low teens). The outlook remains contingent on (i) lower global trade uncertainty, and (ii) lower interest rate volatility in the second half of the year. The outlook drivers by segment have been updated accordingly and are discussed in the accompanying earnings call presentation. Annonce • Jul 25
Colliers International Group Inc. (TSX:CIGI) completed the acquisition of unknown majority stake in Astris Finance, LLC. Colliers International Group Inc. (TSX:CIGI) entered into a definitive agreement to acquire unknown majority stake in Astris Finance, LLC on June 4, 2025. Under Colliers’ unique partnership model, the senior leadership of Astris Finance, along with nine senior team members who will become partners, will retain significant ownership in the business. Tobey Collins will leave her role as Head of Americas to become Chief Growth Officer, responsible for steering inorganic growth. Romain Papassian will take over as Head of Americas; beyond the consolidation of our leading position in Latin America, he will focus on growing the firm’s presence in the US and Canada. Arnaud Germain, our Paris-based Head of Europe, will work with Gonzalo Ruiz, our Madrid-based Head of Southern Europe, to accelerate Astris’s deployment in every large European market, with a renewed emphasis on Germany, Italy and the UK, seeking to replicate our successes in France and Iberia. Jean-Marie Boudet will continue as Group COO and will oversee the firm’s operational integration with Colliers.
The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2025.
Colliers International Group Inc. (TSX:CIGI) completed the acquisition of unknown majority stake in Astris Finance, LLC on July 25, 2025. Annonce • Jul 23
Colliers International Group Inc. Announces Executive Changes Colliers announced the rebranding of its investment management division to Harrison Street Asset Management (“Harrison Street” or “HSAM”) reflecting the strength, breadth and global recognition of the Harrison Street brand. As part of this evolution, Christopher Merrill, Co-Founder and CEO of Harrison Street, assumes the additional role of Global CEO and will become the largest individual shareholder of HSAM – reinforcing continuity, investor alignment and a long-term commitment to growth, value creation and performance. To further strengthen the leadership team, Zachary Michaud, the current Co-CIO of Colliers, will join as Managing Partner & Global CFO, while Stephen Gordon, the current CFO of Harrison Street, will assume the additional role of Managing Partner &Global COO. Leadership across HSAM’s specialized operating platforms and investment teams will remain unchanged. Annonce • Jul 09
Colliers International Group Inc. to Report Q2, 2025 Results on Jul 31, 2025 Colliers International Group Inc. announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Jul 31, 2025 Recent Insider Transactions • Jun 26
Co-Chief Investment Officer recently sold US$8.7m worth of stock On the 23rd of June, Zachary Michaud sold around 67k shares on-market at roughly US$131 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$33m more than they bought in the last 12 months. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 14 July 2025. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (2.6%). Annonce • Jun 06
Colliers International Group Inc. (TSX:CIGI) agreed to acquire Cambium Inc. Colliers International Group Inc. (TSX:CIGI) agreed to acquire Cambium Inc. on June 5, 2025. Annonce • Jun 05
Colliers International Group Inc. (TSX:CIGI) entered into a definitive agreement to acquire unknown controlling stake in Astris Finance, LLC. Colliers International Group Inc. (TSX:CIGI) entered into a definitive agreement to acquire unknown controlling stake in Astris Finance, LLC on June 4, 2025. Under Colliers’ unique partnership model, the senior leadership of Astris Finance, along with nine senior team members who will become partners, will retain significant ownership in the business.
The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2025. Recent Insider Transactions • May 19
Insider recently sold US$514k worth of stock On the 14th of May, Brian Rosen sold around 4k shares on-market at roughly US$129 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$20m more than they bought in the last 12 months. Declared Dividend • May 16
Dividend of US$0.15 announced Dividend of US$0.15 is the same as last year. Ex-date: 30th June 2025 Payment date: 14th July 2025 Dividend yield will be 0.2%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 5%. Annonce • May 14
Colliers International Group Inc. Declares Semi Annual Cash Dividend on Outstanding Subordinate Voting Shares and Multiple Voting Shares, Payable on July 14, 2025 Colliers International Group Inc. announced that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of $0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on July 14, 2025 to holders of Common Shares of record at the close of business on June 30, 2025. Buy Or Sell Opportunity • May 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to US$118. The fair value is estimated to be US$152, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 13% in the next year. Buy Or Sell Opportunity • Apr 03
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to US$116. The fair value is estimated to be US$153, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 42% in the next 2 years. Annonce • Mar 10
Colliers International Group Inc. to Report Q1, 2025 Results on May 06, 2025 Colliers International Group Inc. announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on May 06, 2025 Annonce • Feb 25
Colliers Announces Executive Changes Colliers announced that Felix von Saucken, current Head of Residential in Germany, has been promoted to Chief Executive Officer (CEO) of Colliers in Germany, effective 1 March 2025, reporting to Davoud Amel-Azizpour, CEO, EMEA. Von Saucken will also become an equity partner in the business. Von Saucken, who joined Colliers in 2018, is well-known in the domestic and international real estate markets for his expertise in local and cross-border capital markets, specializing in residential assets. Over the past 25 years, he has built a strong reputation and deep client relationships that span multiple asset classes and service lines in the German market and across country borders. Von Saucken succeeds Achim Degen, who will continue to serve as a Managing Director and, amongst his new responsibilities, will collaborate with von Saucken to establish a Professional Services division. Annonce • Feb 17
Colliers International Group Inc. (TSX:CIGI) entered into an agreement to acquire an unknown minority stake in Ethos Urban Pty. Ltd. Colliers International Group Inc. (TSX:CIGI) entered into an agreement to acquire an unknown minority stake in Ethos Urban Pty. Ltd. on February 17, 2025. Ethos Urban’s senior leadership team will remain significant shareholders in the business under Colliers’ unique partnership model. The business will be rebranded as Colliers in the second half of 2025. The transaction is subject to customary closing conditions and is expected to close in the first half of 2025. Annonce • Feb 07
Colliers International Group Inc., Annual General Meeting, Apr 01, 2025 Colliers International Group Inc., Annual General Meeting, Apr 01, 2025. Reported Earnings • Feb 06
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: US$3.24 (up from US$1.44 in FY 2023). Revenue: US$4.82b (up 11% from FY 2023). Net income: US$161.7m (up 147% from FY 2023). Profit margin: 3.4% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Jan 17
Colliers International Group Inc. to Report Q4, 2024 Results on Feb 06, 2025 Colliers International Group Inc. announced that they will report Q4, 2024 results at 7:00 AM, US Eastern Standard Time on Feb 06, 2025 Upcoming Dividend • Dec 24
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 31 December 2024. Payment date: 14 January 2025. Payout ratio is a comfortable 9.6% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.4%). Recent Insider Transactions • Dec 10
Independent Lead Director recently sold US$730k worth of stock On the 9th of December, John Curtin sold around 5k shares on-market at roughly US$150 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.7m. Insiders have been net sellers, collectively disposing of US$45m more than they bought in the last 12 months. Declared Dividend • Dec 06
Dividend of US$0.15 announced Dividend of US$0.15 is the same as last year. Ex-date: 31st December 2024 Payment date: 14th January 2025 Dividend yield will be 0.2%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 8%. Recent Insider Transactions • Nov 21
Independent Director recently sold US$917k worth of stock On the 20th of November, Lewis Sutherland sold around 6k shares on-market at roughly US$142 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.7m. Insiders have been net sellers, collectively disposing of US$43m more than they bought in the last 12 months. Annonce • Nov 11
Colliers Announces Management Appointments Colliers announced the appointment of Jeroen Lokerse as CEO of the Netherlands. Lokerse will be responsible for accelerating the strategic direction and sustained growth of the Dutch business while enhancing the opportunities available to its people within the Netherlands. Lokerse joins the company from a 17-year tenure at Cushman & Wakefield, most recently holding a global product innovation role and previously serving as the Head of the Netherlands for more than a decade. As Lokerse steps into the CEO Netherlands role, Dirk Bakker will centre his expertise on leading the European team of hotel specialists as the Head of Hotels, EMEA. Jeroen Lokerse will join the company in January 2025 and Dirk Bakker’s new role will also commence in the new year. Price Target Changed • Nov 06
Price target increased by 9.9% to US$169 Up from US$153, the current price target is an average from 3 analysts. New target price is 14% above last closing price of US$147. Stock is up 53% over the past year. The company is forecast to post earnings per share of US$3.18 for next year compared to US$1.43 last year. Reported Earnings • Nov 06
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: US$0.74 (up from US$0.53 in 3Q 2023). Revenue: US$1.18b (up 12% from 3Q 2023). Net income: US$37.2m (up 48% from 3Q 2023). Profit margin: 3.2% (up from 2.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annonce • Oct 07
Colliers International Group Inc. to Report Q3, 2024 Results on Nov 05, 2024 Colliers International Group Inc. announced that they will report Q3, 2024 results at 7:00 AM, US Eastern Standard Time on Nov 05, 2024 Recent Insider Transactions • Aug 30
Senior VP & Chief Accounting Officer recently sold US$1.5m worth of stock On the 28th of August, Robert Hemming sold around 10k shares on-market at roughly US$145 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$33m more than they bought in the last 12 months. Recent Insider Transactions • Aug 16
Independent Director recently sold US$722k worth of stock On the 15th of August, Stephen Harper sold around 5k shares on-market at roughly US$136 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.3m. Insiders have been net sellers, collectively disposing of US$32m more than they bought in the last 12 months. Price Target Changed • Aug 02
Price target increased by 7.6% to US$153 Up from US$142, the current price target is an average from 3 analysts. New target price is 12% above last closing price of US$136. Stock is up 24% over the past year. The company is forecast to post earnings per share of US$3.49 for next year compared to US$1.43 last year. Reported Earnings • Aug 02
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: US$0.73 (up from US$0.15 loss in 2Q 2023). Revenue: US$1.14b (up 5.7% from 2Q 2023). Net income: US$36.7m (up US$43.6m from 2Q 2023). Profit margin: 3.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 3.9%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annonce • Jul 12
Colliers International Group Inc. to Report Q2, 2024 Results on Aug 01, 2024 Colliers International Group Inc. announced that they will report Q2, 2024 results at 7:00 AM, US Eastern Standard Time on Aug 01, 2024 Recent Insider Transactions • Jun 16
Independent Director recently sold US$544k worth of stock On the 14th of June, P. Gavan sold around 5k shares on-market at roughly US$109 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$617k. Insiders have been net sellers, collectively disposing of US$30m more than they bought in the last 12 months. Declared Dividend • May 17
Dividend of US$0.15 announced Dividend of US$0.15 is the same as last year. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 0.3%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 19%. Annonce • May 16
Colliers International Group Inc. Declares Semi-Annual Cash Dividend, Payable on July 12, 2024 Colliers International Group Inc. announced that its board of directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the Common Shares) of USD 0.15 per common share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on July 12, 2024 to holders of common shares of record at the close of business on June 28, 2024. Annonce • May 03
Colliers International Group Inc. Provides Revenue Guidance for the Year 2024 Colliers International Group Inc. provided revenue guidance for the year 2024. For the period, expects Revenue growth +5% to +10% compare to a loss of 3% in actual 2023. Reported Earnings • May 03
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: US$0.26 (up from US$0.47 loss in 1Q 2023). Revenue: US$1.00b (up 3.7% from 1Q 2023). Net income: US$12.7m (up US$32.8m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annonce • Mar 21
Colliers International Group Inc. to Report Q1, 2024 Results on May 02, 2024 Colliers International Group Inc. announced that they will report Q1, 2024 results at 7:00 AM, US Eastern Standard Time on May 02, 2024 Recent Insider Transactions • Mar 14
Chief Financial Officer recently sold US$3.3m worth of stock On the 12th of March, Christian Mayer sold around 28k shares on-market at roughly US$119 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christian's only on-market trade for the last 12 months. Annonce • Feb 28
Colliers International Group Inc. has completed a Follow-on Equity Offering in the amount of $300.0195 million. Colliers International Group Inc. has completed a Follow-on Equity Offering in the amount of $300.0195 million.
Security Name: Subordinate Voting Shares
Security Type: Common Stock
Securities Offered: 2,479,500
Price\Range: $121
Discount Per Security: $4.84 Annonce • Feb 24
Colliers International Group Inc. has filed a Follow-on Equity Offering. Colliers International Group Inc. has filed a Follow-on Equity Offering.
Security Name: Subordinate Voting Shares
Security Type: Common Stock Annonce • Feb 10
Colliers International Group Inc., Annual General Meeting, Apr 02, 2024 Colliers International Group Inc., Annual General Meeting, Apr 02, 2024. Reported Earnings • Feb 10
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: US$1.44 (up from US$1.07 in FY 2022). Revenue: US$4.34b (down 2.8% from FY 2022). Net income: US$65.5m (up 42% from FY 2022). Profit margin: 1.5% (up from 1.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Feb 08
Colliers International Group Inc. Provides Revenue Guidance for the Year 2024 Colliers International Group Inc. provided revenue guidance for the year 2024. For the period, expects Revenue growth +5% to +10%. Annonce • Jan 24
Colliers Appoints Sankey Prasad as Chairman and Managing Director for India & CMD for Colliers Project Leaders Middle East Colliers announced that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East. Effective immediately, Mr. Prasad becomes Chairman and Managing Director for India & CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East. He will also take a significant stake in Colliers' rapidly growing Project Management business in the Middle East, supporting the region's flourishing real estate market in collaboration with Colliers' existing real estate service business in the Middle East and North Africa (MENA) region. Mr. Prasad is an eminent leader in the real estate industry in India. He founded India's large project management firm, and following Colliers' acquisition, was appointed Chairman & Managing Director India, leading a team of 3000-plus Colliers' professionals. In his expanded role, Mr. Prasad will collaborate closely with Yamin Shihab, Vice President, Project Leaders Middle East, to support the expansion of Colliers' brand reach and service delivery for clients' capital projects. He will also continue to oversee the impressive growth of Colliers' India business alongside CEO Badal Yagnik, who will continue to lead day-to-day operations and build scale for the India business. With close to four decades of real estate experience, Mr. Prasad has a reputation for driving strategy and growth, and creating high-performing teams that have delivered some of the most complex and challenging projects for investors, developers and occupiers of real estate. Under his leadership in India, Colliers has diversified into new markets; developed cutting-edge technologies; expanded its range of services; delivered more than 130 million sqft of real estate development spanning India, Middle East, Africa and South Asia; and achieved 30% YOY growth in four years. Buy Or Sell Opportunity • Jan 19
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to US$116. The fair value is estimated to be US$95.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 425% in the next 2 years. Annonce • Jan 12
Colliers International Group Inc. to Report Q4, 2023 Results on Feb 08, 2024 Colliers International Group Inc. announced that they will report Q4, 2023 results at 7:00 AM, Eastern Standard Time on Feb 08, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of US$0.15 per share at 0.2% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (3.1%). Recent Insider Transactions • Dec 14
Co-Chief Investment Officer recently sold US$4.4m worth of stock On the 12th of December, Zachary Michaud sold around 40k shares on-market at roughly US$109 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$19m more than they bought in the last 12 months. Annonce • Dec 06
Colliers International Group Inc. Declares Semi-Annual Dividend, Payable on January 12, 2024 Colliers International Group Inc. announced that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of USD 0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on January 12, 2024 to holders of Common Shares of record at the close of business on December 29, 2023. The dividend is an "eligible dividend" for Canadian income tax purposes. Annonce • Dec 04
Colliers Appoints Dr. Prafulla Agarwal as the Managing Director for Client Strategic Solutions Colliers appointed Prafulla Agarwal, as the Managing Director, Client Strategic Solutions as the company looks to venture in new geography and expand its services across major markets in India. She boasts a varied experience that spans over three decades. Having worked with major players in the real estate domain, she brings with her a nuanced set of capabilities in client acquisition, solutions development, sales enablement, strategic growth, and business transformation, among others. Based in Bengaluru, Agarwal will step into this new role created by the firm to primarily enhance and oversee strategic solutions and client engagement endeavors. Leveraging her expertise, she will also play a significant role in providing strategic inputs on special assignments focused on technological advancements in the construction and real estate realm. Further, she will collaborate closely with the senior leadership team to drive revenue growth across all asset classes, service lines and geographies, explore green solutions to meet ESG goals, and delve into developing and adopting cutting-edge technologies that will augment the firm’s value proposition and service offering. Annonce • Nov 15
Colliers Appoints Achim Degen as Chief Executive Officer in Germany Colliers announced Achim Degen, current Managing Director in Munich, has been appointed Chief Executive Officer (CEO) of Colliers in Germany, effective immediately, reporting to Davoud Amel-Azizpour, CEO, EMEA. Degen succeeds Matthias Leube, formerly CEO & Head of Capital Markets, Germany, who has mutually agreed with Colliers to leave the company to pursue other endeavours. Degen is a recognised industry leader, with 34 years of experience at Colliers in Germany as an expert in capital markets, office letting and development consulting. He was previously Managing Partner of Colliers International Deutschland from?1999 to 2022, where he played a key role in uniting the former city businesses and in developing several new service lines between 2006 and 2017. Degen’s expertise in several business lines ideally places him to collaborate with in-country leaders to capitalise on any market changes and maximise opportunities for Colliers’ clients. Price Target Changed • Nov 05
Price target decreased by 8.2% to US$119 Down from US$129, the current price target is an average from 3 analysts. New target price is 24% above last closing price of US$95.87. Stock is up 9.7% over the past year. The company is forecast to post earnings per share of US$0.91 for next year compared to US$1.07 last year. Annonce • Nov 03
Colliers International Group Inc. Revises Revenue Guidance for the Year 2023 Colliers International Group Inc. revised revenue guidance for the year 2023. For the year, the company now expects revenue in the range of $4.3 billion- $4.4 billion against prior guidance of revenue in the range of $4.4 billion- $4.6 billion. Reported Earnings • Nov 03
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: US$0.53 (up from US$0.28 in 3Q 2022). Revenue: US$1.06b (down 4.7% from 3Q 2022). Net income: US$25.1m (up 109% from 3Q 2022). Profit margin: 2.4% (up from 1.1% in 3Q 2022). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.