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 December 11, 2024, CIGI stock price climbed to $148.52 with 73,244 million shares trading.

CIGI has a beta of 0.92, meaning it tends to be less sensitive to market movements. CIGI has a correlation of 0.15 to the broad based SPY ETF.

CIGI has a market cap of $7.66 billion. This is considered a Mid Cap stock.

Last quarter Colliers Intl Gr reported $1 billion in Revenue and $1.32 earnings per share. This fell short of revenue expectation by $-451 million and missed earnings estimates by -$.73.

In the last 3 years, CIGI 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): TSME, DIHP, DFIC, AMID, DFAI.

CIGI has outperformed the market in the last year with a return of +35.9%, while the SPY ETF gained +33.5%. However, in the most recent history, CIGI shares have underperformed the stock market with its stock returning +4.8% in the last 3 month period and -2.0% for the last 2 week period, while SPY has returned +11.0% and +1.1%, respectively.

CIGI support price is $145.00 and resistance is $149.81 (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 shares will trade within this expected range on the day.