Colliers International Group (NASDAQ:CIGI) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) released its quarterly earnings results on Wednesday. The financial services provider reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.03, Briefing.com reports. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.67 billion. Colliers International Group had a return on equity of 21.37% and a net margin of 1.18%. The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.64 EPS.

Here are the key takeaways from Colliers International Group’s conference call:

• Third-quarter revenue rose 12% to $1.6 billion, adjusted EBITDA increased 14% to $219 million, and adjusted EPS grew 20% to $1.97. Management said about 70% of earnings come from repeat or recurring services, supporting resilience.
• Engineering net revenue grew 37%, primarily from acquisitions, with 4% organic growth and a backlog of more than 12 months; investment management net revenue increased 8%. Colliers also said recent acquisitions are expected to add about 5% to revenue and 7% to adjusted EBITDA in 2027 as they annualize.
• Colliers lowered its 2026 outlook to low-teens growth in each key metric, from mid-teens previously, citing geopolitical uncertainty and interest-rate volatility that are slowing commercial real estate transactions. Management said deals are generally being delayed rather than canceled, and expects fourth-quarter capital markets growth to be lower than previously anticipated.
• Investment management fundraising is progressing, but slower-than-expected capital deployment is delaying some management fees into early 2027. The segment’s margin was 38%, and management expects it to stabilize around 40% through 2027.

Colliers International Group Trading Down 0.3%

NASDAQ CIGI traded down $0.30 during mid-day trading on Friday, reaching $95.72. 57,266 shares of the stock were exchanged, compared to its average volume of 288,614. Colliers International Group has a 1-year low of $83.21 and a 1-year high of $153.87. The business’s fifty day simple moving average is $93.07 and its 200 day simple moving average is $103.73. The stock has a market capitalization of $4.89 billion, a PE ratio of 67.49 and a beta of 1.18. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.19 and a current ratio of 1.19.

Analyst Ratings Changes

A number of equities analysts have issued reports on CIGI shares. Raymond James Financial cut their target price on shares of Colliers International Group from $160.00 to $150.00 and set a “strong-buy” rating for the company in a research report on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Colliers International Group in a research report on Tuesday. Scotia cut their price objective on Colliers International Group from $150.00 to $145.00 and set a “sector outperform” rating for the company in a research report on Friday, July 31st. Royal Bank Of Canada reduced their target price on Colliers International Group from $155.00 to $140.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Scotiabank lowered their target price on Colliers International Group from $145.00 to $130.00 and set a “sector outperform” rating on the stock in a report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $140.71.

Colliers International Group News Roundup

Here are the key news stories impacting Colliers International Group this week:

• Positive Sentiment: National Bank Financial raised its price target to $122 from $109 and maintained an “outperform” rating, signaling improved confidence in the shares. Article: National Bank Financial Issues Positive Forecast for Colliers International Group
• Neutral Sentiment: Despite reducing their targets, RBC, Raymond James and Stifel kept favorable ratings—“outperform,” “strong buy” and “buy,” respectively. Their revised targets remain above the share price, though the cuts indicate more cautious expectations. Article: RBC sets new price target Article: Raymond James cuts price target
• Negative Sentiment: RBC cut its target to $140 from $155; Raymond James lowered its target to $150 from $160, and Stifel reduced its target to $150 from $155. Scotiabank also modestly lowered its FY2026 and FY2027 EPS estimates, a potential drag on sentiment despite its “Sector Outperform” rating and $130 target.

About Colliers International Group

Colliers International Group Inc is a global professional services and investment management company focused on commercial real estate and related business services. The company serves corporate, institutional and private clients through a broad platform that includes leasing, capital markets, valuation and advisory services.

Its other activities include property, facilities and project management, engineering and consulting services, and real estate investment management. These services are designed to help clients manage, develop, lease, acquire and dispose of commercial properties and portfolios across a range of sectors.

Colliers operates across the Americas, Asia Pacific and Europe, the Middle East and Africa through a combination of company-owned operations and affiliated offices.