CoStar Group, Inc. (NASDAQ:CSGP) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Analyst sentiment is neutral: Twenty brokerages give CoStar Group a consensus “Hold” rating, split between nine buys, nine holds, and two sells. The average 12-month price target is approximately $40.11.
• Insider activity was mixed: CEO Andrew Florance purchased 83,300 shares worth about $2.49 million, while Chief Accounting Officer Cynthia Cammett Cann sold 4,788 shares for roughly $147,000.
• Recent results exceeded expectations on earnings: CoStar reported quarterly EPS of $0.32 versus the $0.29 consensus estimate, while revenue of $925 million fell slightly short of forecasts but increased 18.4% year over year.

CoStar Group, Inc. (NASDAQ:CSGP - Get Free Report) has earned an average rating of "Hold" from the twenty ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $40.1053.

A number of equities analysts recently weighed in on CSGP shares. Weiss Ratings reiterated a "sell (d)" rating on shares of CoStar Group in a research report on Wednesday, June 24th. Needham & Company LLC cut their price objective on CoStar Group from $50.00 to $40.00 and set a "buy" rating on the stock in a report on Wednesday, July 29th. Royal Bank Of Canada set a $34.00 price objective on shares of CoStar Group and gave the company a "sector perform" rating in a research note on Monday, July 13th. Wolfe Research reiterated an "outperform" rating and issued a $32.00 target price (down from $35.00) on shares of CoStar Group in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $40.00 target price on shares of CoStar Group in a research report on Wednesday, July 29th.

Insider Activity at CoStar Group

In other news, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the sale, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. This represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew C. Florance bought 83,300 shares of CoStar Group stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average price of $29.89 per share, with a total value of $2,489,837.00. Following the acquisition, the chief executive officer directly owned 1,806,165 shares of the company's stock, valued at approximately $53,986,271.85. This represents a 4.83% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.18% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Reflection Asset Management acquired a new stake in CoStar Group during the 4th quarter worth about $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of CoStar Group in the 4th quarter valued at about $29,000. Transamerica Financial Advisors LLC purchased a new stake in shares of CoStar Group in the second quarter worth approximately $33,000. DV Equities LLC purchased a new stake in shares of CoStar Group in the fourth quarter worth approximately $40,000. Finally, IFP Advisors Inc lifted its position in shares of CoStar Group by 329.4% in the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company's stock worth $41,000 after purchasing an additional 471 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

CoStar Group Trading Down 2.4%

CoStar Group stock opened at $30.91 on Friday. The firm has a market cap of $12.52 billion, a price-to-earnings ratio of 162.69, a price-to-earnings-growth ratio of 0.81 and a beta of 0.75. CoStar Group has a 1 year low of $25.89 and a 1 year high of $91.89. The firm's 50 day moving average price is $30.29 and its two-hundred day moving average price is $35.40. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21.

CoStar Group (NASDAQ:CSGP - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.03. The company had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The company's quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, research analysts predict that CoStar Group will post 1.07 EPS for the current fiscal year.

About CoStar Group

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar's offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.

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