Colliers' Margin Trough, Valuation Seen Improving Risk-Reward Case -- Market Talk

Dow Jones

May 06

1445 ET - Colliers International appears to be moving past the worst of its Investment Management margin pressure, with signs of improvement ahead. National Bank of Canada's Maxim Sytchev says that the market's aversion to these businesses has pushed valuations to overly compressed levels, creating a more attractive risk-reward profile for patient investors. While near-term catalysts are limited, Colliers sees operational improvements in IM on the horizon and believes current sentiment is close to washed out. "Obvious catalysts are not easy to identify, but valuation compression does present a much better risk / reward skew," Sytchev says. The company also expects free-cash-flow inflection in 2H26, which should support deleveraging. Scihares are down 5.8% to C$131.90. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 05, 2026 14:45 ET (18:45 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2633928141"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2633928141\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2633928141?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-06 02:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2633928141","market":"us","top_or_hot":-1,"title":"Colliers' Margin Trough, Valuation Seen Improving Risk-Reward Case -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  1445 ET - Colliers International appears to be moving past the worst of its Investment Management margin pressure, with signs of improvement ahead. <a href=\"https://laohu8.com/S/NBCDF\">National Bank of Canada</a>'s Maxim Sytchev says that the market's aversion to these businesses has pushed valuations to overly compressed levels, creating a more attractive risk-reward profile for patient investors. While near-term catalysts are limited, Colliers sees operational improvements in IM on the horizon and believes current sentiment is close to washed out. \"Obvious catalysts are not easy to identify, but valuation compression does present a much better risk / reward skew,\" Sytchev says. The company also expects free-cash-flow inflection in 2H26, which should support deleveraging. Scihares are down 5.8% to C$131.90. (adriano.marchese@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2026 14:45 ET (18:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Colliers' Margin Trough, Valuation Seen Improving Risk-Reward Case -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nColliers' Margin Trough, Valuation Seen Improving Risk-Reward Case -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-06 02:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  1445 ET - Colliers International appears to be moving past the worst of its Investment Management margin pressure, with signs of improvement ahead. <a href=\"https://laohu8.com/S/NBCDF\">National Bank of Canada</a>'s Maxim Sytchev says that the market's aversion to these businesses has pushed valuations to overly compressed levels, creating a more attractive risk-reward profile for patient investors. While near-term catalysts are limited, Colliers sees operational improvements in IM on the horizon and believes current sentiment is close to washed out. \"Obvious catalysts are not easy to identify, but valuation compression does present a much better risk / reward skew,\" Sytchev says. The company also expects free-cash-flow inflection in 2H26, which should support deleveraging. Scihares are down 5.8% to C$131.90. (adriano.marchese@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2026 14:45 ET (18:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CIGI","symbol_name":"高力国际集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633928141","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633928141","pubTimestamp":1778006700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1445 ET - Colliers International appears to be moving past the worst of its Investment Management margin pressure, with signs of improvement ahead. National Bank of Canada's Maxim Sytchev says that the market's aversion to these businesses has pushed valuations to overly compressed levels, creating a more attractive risk-reward profile for patient investors. While near-term catalysts are limited, Colliers sees operational improvements in IM on the horizon and believes current sentiment is close to washed out. \"Obvious catalysts are not easy to identify, but valuation compression does present a much better risk / reward skew,\" Sytchev says. The company also expects free-cash-flow inflection in 2H26, which should support deleveraging. Scihares are down 5.8% to C$131.90. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CIGI":"高力国际集团","BK4079":"房地产服务"},"translate_title":"高力利润率触底，估值改善风险回报案例——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CIGI":1.5},"content_text":"1445 ET - Colliers International appears to be moving past the worst of its Investment Management margin pressure, with signs of improvement ahead. National Bank of Canada's Maxim Sytchev says that the market's aversion to these businesses has pushed valuations to overly compressed levels, creating a more attractive risk-reward profile for patient investors. While near-term catalysts are limited, Colliers sees operational improvements in IM on the horizon and believes current sentiment is close to washed out. \"Obvious catalysts are not easy to identify, but valuation compression does present a much better risk / reward skew,\" Sytchev says. The company also expects free-cash-flow inflection in 2H26, which should support deleveraging. Scihares are down 5.8% to C$131.90. (adriano.marchese@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2026 14:45 ET (18:45 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}