William Blair Has Negative View of CoStar Group Q2 Earnings

CoStar Group, Inc. (NASDAQ:CSGP - Free Report) - Investment analysts at William Blair cut their Q2 2025 earnings per share estimates for shares of CoStar Group in a research note issued on Wednesday, April 30th. William Blair analyst S. Sheldon now expects that the technology company will post earnings of $0.05 per share for the quarter, down from their previous forecast of $0.17. William Blair currently has a "Market Perform" rating on the stock. The consensus estimate for CoStar Group's current full-year earnings is $0.94 per share. William Blair also issued estimates for CoStar Group's Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $0.50 EPS and FY2026 earnings at $0.98 EPS.

CoStar Group (NASDAQ:CSGP - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The technology company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. CoStar Group had a net margin of 5.07% and a return on equity of 3.11%. The business had revenue of $709.40 million during the quarter, compared to analyst estimates of $703.00 million.

Other equities analysts have also issued reports about the company. StockNews.com lowered CoStar Group from a "hold" rating to a "sell" rating in a research note on Wednesday, January 15th. Citigroup lowered their price objective on shares of CoStar Group from $88.00 to $86.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Piper Sandler began coverage on shares of CoStar Group in a research note on Friday, February 28th. They set an "overweight" rating for the company. Stephens reissued an "overweight" rating and issued a $103.00 price target on shares of CoStar Group in a report on Tuesday, February 18th. Finally, Wells Fargo & Company boosted their price objective on shares of CoStar Group from $63.00 to $65.00 and gave the stock an "underweight" rating in a report on Wednesday, April 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $88.31.

CoStar Group Stock Performance

Shares of CoStar Group stock traded down $0.99 on Monday, reaching $74.86. The stock had a trading volume of 463,986 shares, compared to its average volume of 2,833,117. CoStar Group has a fifty-two week low of $68.26 and a fifty-two week high of $91.78. The business's 50-day moving average price is $78.28 and its two-hundred day moving average price is $76.17. The company has a debt-to-equity ratio of 0.13, a quick ratio of 9.63 and a current ratio of 8.96. The stock has a market cap of $31.57 billion, a P/E ratio of 213.89 and a beta of 0.89.

CoStar Group announced that its Board of Directors has approved a stock repurchase program on Tuesday, February 18th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to buy up to 1.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Insider Activity

In other news, CAO Cynthia Cammett Cann sold 1,749 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $79.90, for a total transaction of $139,745.10. Following the sale, the chief accounting officer now owns 29,456 shares in the company, valued at approximately $2,353,534.40. This represents a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.57% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CoStar Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hopwood Financial Services Inc. bought a new position in CoStar Group in the 4th quarter valued at $25,000. Wayfinding Financial LLC acquired a new position in shares of CoStar Group during the first quarter valued at $29,000. Bayforest Capital Ltd bought a new position in CoStar Group in the first quarter valued at about $29,000. ORG Partners LLC increased its position in CoStar Group by 534.8% in the fourth quarter. ORG Partners LLC now owns 419 shares of the technology company's stock worth $30,000 after purchasing an additional 353 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in CoStar Group during the 4th quarter worth about $30,000. Institutional investors and hedge funds own 96.60% of the company's stock.

About CoStar Group

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.