CoStar Group, Inc. (NASDAQ:CSGP) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• CoStar Group has a consensus analyst rating of "Moderate Buy" from 19 analysts, with 12 buy ratings, 5 hold ratings, and 2 sell ratings. The average 12-month price target is about $55.94.
• Several brokerages recently trimmed their price targets on the stock, including BMO Capital Markets, Keefe, Bruyette & Woods, JPMorgan, and Citigroup, though most maintained positive or neutral ratings.
• Insiders have been buying shares: Director Louise S. Sams and CEO Andrew C. Florance both recently made notable purchases, while institutional investors hold 96.6% of the company’s stock.

Shares of CoStar Group, Inc. (NASDAQ:CSGP - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nineteen analysts that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $55.9412.

A number of brokerages recently weighed in on CSGP. BMO Capital Markets dropped their price objective on CoStar Group from $72.00 to $53.00 and set a "market perform" rating on the stock in a report on Thursday, February 26th. Keefe, Bruyette & Woods dropped their price objective on CoStar Group from $57.00 to $50.00 and set an "outperform" rating on the stock in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of CoStar Group in a report on Friday, March 27th. JPMorgan Chase & Co. lowered their target price on CoStar Group from $82.00 to $70.00 and set an "overweight" rating on the stock in a report on Wednesday, April 29th. Finally, Citigroup lowered their target price on CoStar Group from $100.00 to $70.00 and set a "buy" rating on the stock in a report on Thursday, April 23rd.

Insider Buying and Selling at CoStar Group

In other news, Director Louise S. Sams bought 1,000 shares of the stock in a transaction on Friday, March 6th. The shares were bought at an average price of $48.36 per share, with a total value of $48,360.00. Following the completion of the acquisition, the director owned 20,409 shares of the company's stock, valued at approximately $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew C. Florance bought 71,430 shares of the stock in a transaction on Friday, May 1st. The stock was purchased at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the acquisition, the chief executive officer directly owned 1,722,865 shares of the company's stock, valued at $60,644,848. The trade was a 4.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.09% of the stock is currently owned by corporate insiders.

Institutional Trading of CoStar Group

Several large investors have recently bought and sold shares of the company. Enhancing Capital LLC grew its holdings in CoStar Group by 2.2% in the third quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company's stock valued at $593,000 after purchasing an additional 150 shares during the last quarter. Rossby Financial LCC lifted its position in shares of CoStar Group by 47.5% in the third quarter. Rossby Financial LCC now owns 503 shares of the technology company's stock valued at $42,000 after acquiring an additional 162 shares in the last quarter. Golden State Wealth Management LLC lifted its position in shares of CoStar Group by 4.8% in the third quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company's stock valued at $306,000 after acquiring an additional 166 shares in the last quarter. Zions Bancorporation National Association UT lifted its position in shares of CoStar Group by 41.8% in the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company's stock valued at $48,000 after acquiring an additional 166 shares in the last quarter. Finally, United Capital Financial Advisors LLC lifted its position in shares of CoStar Group by 2.3% in the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company's stock valued at $637,000 after acquiring an additional 167 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company's stock.

CoStar Group Trading Down 0.6%

Shares of CSGP stock opened at $32.32 on Thursday. The business's fifty day moving average price is $37.34 and its 200 day moving average price is $51.97. CoStar Group has a 1-year low of $31.35 and a 1-year high of $97.43. The firm has a market capitalization of $13.20 billion, a PE ratio of 538.76, a P/E/G ratio of 0.84 and a beta of 0.75. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20.

CoStar Group (NASDAQ:CSGP - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. CoStar Group's quarterly revenue was up 22.5% on a year-over-year basis. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, sell-side analysts forecast that CoStar Group will post 1.03 EPS for the current fiscal year.

CoStar Group Company Profile

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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