CIGI Stock Summary and Trading Ideas (Colliers Intl Gr | NASDAQ:CIGI)

Colliers International Group Inc is a real estate services and investment management company. The company provides commercial real estate professional services and investment management to corporate and institutional clients around the world. It's primary service lines are Outsourcing & Advisory, Investment Management, Leasing and Capital Markets. Operationally, company is organized into four distinct segments: Americas; Europe, Middle East and Africa, Asia and Australasia and Investment Management.

Colliers Intl Gr trades on the NASDAQ stock market under the symbol CIGI.

As of April 23, 2024, CIGI stock price climbed to $109.91 with 92,449 million shares trading.

CIGI has a beta of 1.46, meaning it tends to be more sensitive to market movements. CIGI has a correlation of 0.22 to the broad based SPY ETF.

CIGI has a market cap of $5.23 billion. This is considered a Mid Cap stock.

Last quarter Colliers Intl Gr reported $1 billion in Revenue and $2.00 earnings per share. This beat revenue expectation by $15 million and exceeded earnings estimates by $.05.

In the last 3 years, CIGI stock traded as high as $158.42 and as low as $83.38.

The top ETF exchange traded funds that CIGI belongs to (by Net Assets): DFIC, DFAX, DFAI, ONEQ, DFIS.

CIGI has underperformed the market in the last year with a price return of +7.3% while the SPY ETF gained +24.3%. CIGI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.8% and -7.2%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

CIGI support price is $106.58 and resistance is $110.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CIGI stock will trade within this expected range on the day.