Colliers reports before the market opens on November 4. Analysts expect earnings and revenue to rise from a year ago, though the company has beaten estimates in only two of its last four comparable quarters.
Colliers International Group Inc. (TSX: CIGI) is set to report results for the quarter ended September 30, 2026. One calendar lists estimated earnings of US$1.94 per share. A separate earnings-trends feed puts consensus at US$2.01, based on nine analysts. Revenue estimates range from US$1.68 billion to US$1.69 billion. Because the EPS estimates differ, check which one is used to assess the results. For Canadian investors, the main question is whether growth in commercial real estate services, engineering and investment management can deliver the expected year-over-year gains.
Recent earnings trend
Colliers International Group Inc Bats
CIGI.TO
CIGI.TO
Colliers International Group Inc Bats
WealthAwesomeMarket cap
$6.91B
P/E
46.3x
Div. yield
0.22%
Div. / share
$0.30
52W high
$218.18
52W low
$118.92
1W change
+12.23%
Beta
1.25
Analyst Price Targets
Based on analyst covering CIGI · as of Nov 2, 2026
Wall Street analysts forecast CIGI stock price to rise 91.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$199.97
+91.6% Upside
Previously C$200.01 on Oct 30, 2026
Current Price
C$104.35
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CIGI's historical volatility
30-Day Vol
36.0%
Annualized
90-Day Vol
38.0%
Annualized
Trend (90d)
+23.2%
Annualized drift
90d Mean
C$158.75
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$150.22 | C$132.68 – C$170.07 |
| 60 trading days | C$154.43 | C$129.56 – C$184.06 |
| 90 trading days | C$158.75 | C$128.04 – C$196.83 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 9 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-04 | — | 1.9400 | — |
| 2026-06-30 | 2026-07-30 | 1.8300 | 1.8100 | +1.1% |
| 2026-03-31 | 2026-05-05 | 0.9100 | 0.9300 | -2.2% |
| 2025-12-31 | 2026-02-13 | 2.3400 | 2.4500 | -4.5% |
| 2025-09-30 | 2025-11-04 | 1.6400 | 1.5700 | +4.5% |
| 2025-06-30 | 2025-07-31 | 1.7200 | 1.4800 | +16.2% |
Investor takeaway: The report will show whether Colliers can maintain expected double-digit growth in earnings and revenue despite mixed recent results. The trends feed forecasts EPS growth of 22.5% and revenue growth of 15.6% year over year. But its EPS consensus has slipped from $2.02 to $2.01 over the past 30 days, with three upward revisions and five downward ones. Colliers beat estimates in two of its last four reported quarters. Treat consensus as a comparison point, not a prediction of how CIGI.TO shares will move.
Two beats in the last four quarters
Colliers reported EPS of $1.83 for the June 2026 quarter, slightly above the $1.81 estimate. It missed estimates in March and December. For September, one calendar lists EPS of $1.94, while the trends feed gives a $2.01 consensus from nine analysts. The estimate source and basis matter when you assess the result.
Bull case
Analysts expect Colliers to report higher earnings and revenue than a year ago. The company also works across several parts of the property lifecycle, rather than relying on a single service line. Its engineering business is expanding, too. Colliers recently agreed to acquire Calgary-based Obsidian Engineering, adding more than 400 professionals and expertise in energy and data-centre projects. If demand holds and the company executes well, this quarter could show how effectively it turns its broader platform into growth.
Bear case
Colliers has not consistently beaten estimates: it came in above expectations in two of its last four comparable quarters and below in the other two. The trends feed also shows more downward than upward EPS revisions over the past month. A reported P/E of about 46 and a profit margin of 1.81% leave little room for weak results or cautious commentary. The Obsidian deal still needs to meet customary closing conditions and is expected to close in the fourth quarter. It should not be counted as a completed contribution to this quarter.
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