Q2 EPS Estimates for CoStar Group Reduced by William Blair

CoStar Group, Inc. (NASDAQ:CSGP - Free Report) - Analysts at William Blair dropped their Q2 2025 earnings per share estimates for shares of CoStar Group in a research note issued to investors on Wednesday, April 30th. William Blair analyst S. Sheldon now anticipates that the technology company will post earnings of $0.05 per share for the quarter, down from their previous estimate 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.

Several other research analysts have also recently weighed in on CSGP. Deutsche Bank Aktiengesellschaft initiated coverage on CoStar Group in a research report on Friday, February 28th. They set a "buy" rating and a $89.00 price objective on the stock. Wells Fargo & Company boosted their price objective on shares of CoStar Group from $63.00 to $65.00 and gave the company an "underweight" rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. lowered their target price on shares of CoStar Group from $99.00 to $87.00 and set an "overweight" rating on the stock in a report on Wednesday, February 19th. StockNews.com downgraded CoStar Group from a "hold" rating to a "sell" rating in a research report on Wednesday, January 15th. Finally, Citigroup cut their target price on CoStar Group from $88.00 to $86.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $88.31.

CoStar Group Stock Performance

Shares of NASDAQ CSGP traded down $2.48 during trading hours on Monday, reaching $74.62. 2,672,554 shares of the stock were exchanged, compared to its average volume of 2,829,562. The firm has a market capitalization of $31.47 billion, a price-to-earnings ratio of 213.20 and a beta of 0.89. The stock's fifty day simple moving average is $78.28 and its 200 day simple moving average is $76.20. The company has a debt-to-equity ratio of 0.13, a quick ratio of 9.63 and a current ratio of 8.96. CoStar Group has a 52 week low of $68.26 and a 52 week high of $92.74.

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

Hedge Funds Weigh In On CoStar Group

Hedge funds have recently modified their holdings of the business. Bamco Inc. NY grew its position in shares of CoStar Group by 2.2% in the 4th quarter. Bamco Inc. NY now owns 19,203,564 shares of the technology company's stock valued at $1,374,783,000 after buying an additional 418,128 shares during the last quarter. Capital International Investors increased its position in CoStar Group by 44.9% during the 4th quarter. Capital International Investors now owns 14,032,363 shares of the technology company's stock valued at $1,004,578,000 after purchasing an additional 4,345,267 shares during the period. Geode Capital Management LLC raised its holdings in CoStar Group by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 11,475,755 shares of the technology company's stock worth $819,678,000 after purchasing an additional 166,769 shares during the last quarter. Akre Capital Management LLC lifted its position in shares of CoStar Group by 4.3% in the 4th quarter. Akre Capital Management LLC now owns 9,313,880 shares of the technology company's stock worth $666,781,000 after purchasing an additional 379,787 shares during the period. Finally, Polen Capital Management LLC bought a new stake in shares of CoStar Group in the 4th quarter valued at $465,134,000. Institutional investors and hedge funds own 96.60% of the company's stock.

Insiders Place Their Bets

In related news, CAO Cynthia Cammett Cann sold 1,749 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $79.90, for a total value of $139,745.10. Following the completion of the transaction, the chief accounting officer now owns 29,456 shares in the company, valued at $2,353,534.40. This trade represents a 5.60 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.57% of the company's stock.

CoStar Group declared that its Board of Directors has authorized a share repurchase program on Tuesday, February 18th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the technology company to buy up to 1.6% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

CoStar Group Company Profile

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.