Colliers International Group Future Growth

Future criteria checks 3/6

Colliers International Group is forecast to grow earnings and revenue by 46.5% and 7.2% per annum respectively while EPS is expected to grow by 41% per annum.

Key information

46.5%

Earnings growth rate

41.0%

EPS growth rate

Real Estate earnings growth	28.3%
Revenue growth rate	7.2%
Future return on equity	n/a
Analyst coverage	Good
Last updated	03 May 2024

Recent future growth updates

Recent updates

Colliers International: Turnaround Isn't Fully Priced In Yet

Feb 12

Colliers to acquire Arcadia Management, expand U.S. property management business

Oct 12

Colliers International establishes automatic share purchase plan

Oct 03

Colliers takes controlling interest in Peakurban

Aug 02

Colliers International to buy back up to 3.5M subordinate voting shares under NCIB

Jul 15

Colliers International to invest in alternative investment manager

Jun 30

LRT Capital - Colliers International Group Inc: A Good Steward Of Shareholder Capital

May 06

Earnings and Revenue Growth Forecasts

NasdaqGS:CIGI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	4,958	216	418	597	7
12/31/2024	4,608	125	374	371	7
3/31/2024	4,371	98	78	161	N/A
12/31/2023	4,335	66	81	166	N/A
9/30/2023	4,322	21	161	247	N/A
6/30/2023	4,375	8	196	282	N/A
3/31/2023	4,424	45	138	215	N/A
12/31/2022	4,459	46	-1	67	N/A
9/30/2022	4,583	67	-149	-94	N/A
6/30/2022	4,497	73	-27	22	N/A
3/31/2022	4,315	-413	1	46	N/A
12/31/2021	4,089	-390	231	289	N/A
9/30/2021	3,657	-400	218	273	N/A
6/30/2021	3,327	-397	224	278	N/A
3/31/2021	2,931	49	195	248	N/A
12/31/2020	2,787	49	126	166	N/A
9/30/2020	2,801	63	249	292	N/A
6/30/2020	2,846	72	142	181	N/A
3/31/2020	3,041	106	254	297	N/A
12/31/2019	3,046	103	267	311	N/A
9/30/2019	3,007	108	267	312	N/A
6/30/2019	2,986	94	278	324	N/A
3/31/2019	2,908	94	192	231	N/A
12/31/2018	2,825	98	222	257	N/A
9/30/2018	2,699	77	181	213	N/A
6/30/2018	2,603	67	171	204	N/A
3/31/2018	2,521	55	175	214	N/A
12/31/2017	2,435	51	N/A	213	N/A
9/30/2017	2,247	63	N/A	176	N/A
6/30/2017	2,091	66	N/A	151	N/A
3/31/2017	1,987	77	N/A	118	N/A
12/31/2016	1,897	68	N/A	156	N/A
9/30/2016	1,877	59	N/A	152	N/A
6/30/2016	1,835	58	N/A	157	N/A
3/31/2016	1,762	7	N/A	189	N/A
12/31/2015	1,722	22	N/A	157	N/A
9/30/2015	1,708	2	N/A	181	N/A
6/30/2015	1,660	4	N/A	173	N/A
3/31/2015	1,619	32	N/A	171	N/A
12/31/2014	1,582	20	N/A	159	N/A
9/30/2014	1,732	8	N/A	132	N/A
6/30/2014	1,963	1	N/A	135	N/A
3/31/2014	2,171	-4	N/A	96	N/A
12/31/2013	1,307	-24	N/A	116	N/A
9/30/2013	2,233	-14	N/A	100	N/A
6/30/2013	2,189	-16	N/A	90	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIGI's forecast earnings growth (46.5% per year) is above the savings rate (2.4%).

Earnings vs Market: CIGI's earnings (46.5% per year) are forecast to grow faster than the US market (14.1% per year).

High Growth Earnings: CIGI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CIGI's revenue (7.2% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: CIGI's revenue (7.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CIGI's Return on Equity is forecast to be high in 3 years time

Colliers International Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Colliers International Group Inc. Provides Revenue Guidance for the Year 2024

Colliers International Group Inc. Provides Revenue Guidance for the Year 2024

Price target decreased by 8.2% to US$119

Colliers International Group Inc. Revises Revenue Guidance for the Year 2023

Colliers International Group Inc. Provides Revenue Guidance for the Fiscal Year 2023

Price target decreased by 7.5% to US$132

Recent updates

Colliers International Group Inc. Provides Revenue Guidance for the Year 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Colliers International Group Inc. to Report Q1, 2024 Results on May 02, 2024

Chief Financial Officer recently sold US$3.3m worth of stock

Colliers International Group Inc. has completed a Follow-on Equity Offering in the amount of $300.0195 million.

Colliers International Group Inc. has filed a Follow-on Equity Offering.

Colliers International Group Inc. has filed a Follow-on Equity Offering.

Colliers International: Turnaround Isn't Fully Priced In Yet

Colliers International Group Inc., Annual General Meeting, Apr 02, 2024

Full year 2023 earnings: EPS misses analyst expectations

Colliers International Group Inc. Provides Revenue Guidance for the Year 2024

Colliers Appoints Sankey Prasad as Chairman and Managing Director for India & CMD for Colliers Project Leaders Middle East

Now 22% overvalued after recent price rise

Colliers International Group Inc. to Report Q4, 2023 Results on Feb 08, 2024

Upcoming dividend of US$0.15 per share at 0.2% yield

Co-Chief Investment Officer recently sold US$4.4m worth of stock

Colliers International Group Inc. Declares Semi-Annual Dividend, Payable on January 12, 2024

Colliers Appoints Dr. Prafulla Agarwal as the Managing Director for Client Strategic Solutions

Colliers Appoints Achim Degen as Chief Executive Officer in Germany

Price target decreased by 8.2% to US$119

Colliers International Group Inc. Revises Revenue Guidance for the Year 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Colliers Announces Executive Appointments

Colliers International Group Inc. to Report Q3, 2023 Results on Nov 02, 2023

Chief Brand & People Officer recently sold US$346k worth of stock

Colliers International Group Inc. Appoints Badal Yagnik as Chief Executive Officer, India

Chief Brand & People Officer recently sold US$541k worth of stock

Colliers International Group Inc. Provides Revenue Guidance for the Fiscal Year 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS misses analyst expectations

Colliers Appoints Cho Sung-wook as Managing Director in Korea

Colliers International Group Inc. to Report Q2, 2023 Results on Aug 02, 2023

New minor risk - Shareholder dilution

Independent Director recently sold US$1.0m worth of stock

Upcoming dividend of US$0.15 per share at 0.3% yield

Price target decreased by 7.5% to US$132

High number of new directors

Colliers International Group Inc. Declares Semi-Annual Cash Dividend, Payable on July 14, 2023

Colliers International Group Inc. Announces Changes to Board of Directors

Colliers International Group Inc. Revises Financial Guidance for the Fiscal Year 2023

Price target decreased by 7.1% to US$133

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Chief Brand & People Officer recently sold US$238k worth of stock

Co-Chief Investment Officer recently sold US$3.2m worth of stock

Price target increased by 8.6% to US$143

Full year 2022 earnings: EPS and revenues miss analyst expectations

Colliers International Group Inc. Provides Revenue Guidance for 2023

Colliers International Group Inc., Annual General Meeting, Apr 05, 2023

Colliers Appoints Ruchika Choudaha as Senior Director & Head of Office Services for Pune

Colliers International Group Inc. to Report Q4, 2022 Results on Feb 09, 2023

Colliers Appoints Luke Dawson to Lead Global Capital Markets

Co-Chief Investment Officer recently sold US$898k worth of stock

Independent Director recently sold US$122k worth of stock

Upcoming dividend of US$0.15 per share

Colliers International Group Inc. Declares Semi-Annual Cash Dividend on the Outstanding Subordinate Voting Shares and Multiple Voting Shares, Payable on January 13, 2023

Colliers International Group Inc. (TSX:CIGI) completed the acquisition of Pangea Property Partners AS.

Price target decreased to US$130

Global Chairman & CEO recently bought US$1.6m worth of stock

Investor sentiment improved over the past week

Insider recently bought US$89k worth of stock

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Colliers International Group Inc. Revises Revenue Guidance for the Full Year 2022

Colliers International Group Inc. to Report Q3, 2022 Results on Nov 01, 2022

Colliers International Group Inc. (TSX:CIGI) entered into definitive agreement to acquire an unknown majority stake in Arcadia Management Group, Inc.

Colliers to acquire Arcadia Management, expand U.S. property management business

Colliers International establishes automatic share purchase plan

Colliers International Group Inc. (TSX:CIGI) entered into an agreement to acquire an unknown controlling stake in Pangea Property Partners AS.

Co-Chief Investment Officer recently sold US$651k worth of stock

Co-Chief Investment Officer recently sold US$612k worth of stock