Zillow Group (Z) Projected to Post Quarterly Earnings on Wednesday

Zillow Group (NASDAQ:Z - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect Zillow Group to post earnings of $0.47 per share and revenue of $587.88 million for the quarter. Zillow Group has set its Q1 2025 guidance at EPS.

Zillow Group (NASDAQ:Z - Get Free Report) last posted its earnings results on Tuesday, February 11th. The financial services provider reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.26 by ($0.48). Zillow Group had a negative return on equity of 2.12% and a negative net margin of 5.01%. On average, analysts expect Zillow Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Zillow Group Price Performance

Shares of Zillow Group stock traded up $0.03 during trading on Friday, hitting $67.93. The company's stock had a trading volume of 3,246,258 shares, compared to its average volume of 3,265,112. The stock has a market cap of $16.48 billion, a price-to-earnings ratio of -144.53, a price-to-earnings-growth ratio of 9.24 and a beta of 2.23. Zillow Group has a 52 week low of $39.05 and a 52 week high of $89.39. The stock has a 50-day moving average price of $67.72 and a two-hundred day moving average price of $73.56.

Insider Buying and Selling

In other Zillow Group news, COO Jun Choo sold 1,277 shares of the firm's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $77.72, for a total value of $99,248.44. Following the completion of the transaction, the chief operating officer now owns 86,853 shares of the company's stock, valued at approximately $6,750,215.16. This trade represents a 1.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Jennifer Rock sold 5,796 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $75.50, for a total transaction of $437,598.00. Following the completion of the sale, the chief accounting officer now directly owns 51,370 shares in the company, valued at $3,878,435. This trade represents a 10.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 73,919 shares of company stock valued at $5,744,978 over the last quarter. 25.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on Z shares. William Blair started coverage on shares of Zillow Group in a research note on Monday, April 21st. They set a "market perform" rating for the company. Wedbush reissued an "outperform" rating and set a $100.00 price objective on shares of Zillow Group in a research note on Monday, May 5th. KeyCorp upgraded Zillow Group from a "hold" rating to a "strong-buy" rating in a research report on Sunday, February 2nd. Morgan Stanley raised their price target on shares of Zillow Group from $60.00 to $75.00 and gave the stock an "equal weight" rating in a report on Monday, January 13th. Finally, Keefe, Bruyette & Woods cut their price objective on Zillow Group from $80.00 to $76.00 and set a "market perform" rating on the stock in a research report on Wednesday. Eight investment analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $83.71.

About Zillow Group

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.