Colliers International Group (CIG) Sets New 1-Year High at $98.67

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$98.67 and last traded at C$2.15, with a volume of 240324 shares traded. The stock had previously closed at C$2.17.

Separately, William Blair reissued an “outperform” rating on shares of Colliers International Group in a research report on Thursday, February 1st.

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) last announced its earnings results on Tuesday, May 1st. The company reported C$0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.08 by C$0.08. The business had revenue of C$698.40 million for the quarter, compared to analysts’ expectations of C$586.58 million. Colliers International Group had a return on equity of 71.89% and a net margin of 7.64%.

The company also recently announced a Semi-Annual dividend, which will be paid on Wednesday, July 11th. Shareholders of record on Friday, June 29th will be given a $0.064 dividend. The ex-dividend date is Thursday, June 28th.

About Colliers International Group

Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.

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