NASDAQ:CSGP - CoStar Group Stock Price, News, & Analysis

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$486.10 +11.73 (+2.47 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$474.37
Today's Range$475.23 - $487.67
52-Week Range$315.85 - $511.85
Volume212,528 shs
Average Volume196,988 shs
Market Capitalization$17.72 billion
P/E Ratio65.69
Dividend YieldN/A
Beta1.46
CoStar Group, Inc. provides information, analytics, and online marketplaces to the commercial real estate industry in the United States and the United Kingdom. The company offers CoStar Property Professional service that offers inventory of office, industrial, retail, and multifamily properties and land. It also provides CoStar COMPS Professional that covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStar Lease Comps, a solution to capture, manage, and maintain lease data; CoStar Lease Analysis, a workflow tool; CoStar Advertising to market a space for lease or a property for sale; CoStar Private Sale Network, which provides custom-designed and branded Websites; and CoStar and CoStar Go CoStar mobile apps. In addition, the company offers CoStar Real Estate Manager, a real estate and asset management, and lease accounting software; CoStar Risk Analytics, a commercial real estate risk management tool; CoStar Brokerage Applications; CoStar Investment Analysis Request, a business intelligence software; and CoStar Investment Analysis Portfolio Maximizer, a real estate portfolio management software. Further, it provides apartment marketing sites, such as Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, WestsideRentals.com, and Cozy.co; LoopNet Premium Lister and LoopNet Power Listings for commercial real estate professionals; LoopLink, an online real estate marketing and database services suite; Listing Manager, an online listing tool; Realla, a commercial property listings and data management platform; LandsofAmerica, LandAndFarm, and LandWatch online marketplaces for rural land for sale; and BizBuySell and BizQuest online marketplaces for operating businesses for sale. The company has a strategic relationship with Buxton Company. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:CSGP
CUSIP22160N10
Phone202-346-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.19 billion
Cash Flow$10.6906 per share
Book Value$82.97 per share

Profitability

Net Income$238.33 million

Miscellaneous

Employees3,705
Market Cap$17.72 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

CoStar Group (NASDAQ:CSGP) Frequently Asked Questions

What is CoStar Group's stock symbol?

CoStar Group trades on the NASDAQ under the ticker symbol "CSGP."

How were CoStar Group's earnings last quarter?

CoStar Group Inc (NASDAQ:CSGP) released its earnings results on Tuesday, April, 23rd. The technology company reported $2.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.17 by $0.11. The technology company earned $328 million during the quarter, compared to analysts' expectations of $327.45 million. CoStar Group had a return on equity of 10.25% and a net margin of 21.76%. The company's revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 EPS. View CoStar Group's Earnings History.

When is CoStar Group's next earnings date?

CoStar Group is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for CoStar Group.

What guidance has CoStar Group issued on next quarter's earnings?

CoStar Group updated its FY19 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of $9.90-$10.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.97. The company issued revenue guidance of $1.37-$1.38 billion, compared to the consensus revenue estimate of $1.38 billion.CoStar Group also updated its FY 2019 guidance to $9.90-10.10 EPS.

What price target have analysts set for CSGP?

7 analysts have issued twelve-month target prices for CoStar Group's shares. Their predictions range from $412.00 to $600.00. On average, they anticipate CoStar Group's stock price to reach $537.00 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for CoStar Group.

What is the consensus analysts' recommendation for CoStar Group?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CoStar Group.

Has CoStar Group been receiving favorable news coverage?

Press coverage about CSGP stock has been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CoStar Group earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future.

Who are some of CoStar Group's key competitors?

What other stocks do shareholders of CoStar Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Mcdonald's (MCD), Thermo Fisher Scientific (TMO), Adobe (ADBE), Align Technology (ALGN), Home Depot (HD), Honeywell International (HON), Cisco Systems (CSCO), Alibaba Group (BABA), Oracle (ORCL) and Marijuana Company Of America (MCOA).

Who are CoStar Group's key executives?

CoStar Group's management team includes the folowing people:
  • Mr. Andrew C. Florance, Co-Founder, CEO, Pres & Director (Age 55)
  • Mr. Scott T. Wheeler, Chief Financial Officer (Age 55)
  • Mr. Matthew F. W. Linnington, Exec. VP of Sales (Age 50)
  • Ms. Lisa C. Ruggles, Sr. VP of Portfolio Research (Age 52)
  • Mr. Frank A. Simuro, Chief Technology Officer (Age 52)

Who are CoStar Group's major shareholders?

CoStar Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.76%), Columbus Circle Investors (0.24%), Chicago Capital LLC (0.23%), Peregrine Capital Management LLC (0.17%), Strs Ohio (0.13%) and Gateway Investment Advisers LLC (0.06%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, Matthew Linnington, Michael R Klein and Scott T Wheeler. View Institutional Ownership Trends for CoStar Group.

Which institutional investors are selling CoStar Group stock?

CSGP stock was sold by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Riverbridge Partners LLC, Three Peaks Capital Management LLC, Conestoga Capital Advisors LLC, Altman Advisors Inc., First Quadrant L P CA, First Hawaiian Bank and State of Alaska Department of Revenue. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, Matthew Linnington, Michael R Klein and Scott T Wheeler. View Insider Buying and Selling for CoStar Group.

Which institutional investors are buying CoStar Group stock?

CSGP stock was acquired by a variety of institutional investors in the last quarter, including Spence Asset Management, BNP Paribas Arbitrage SA, Chicago Capital LLC, Virtu Financial LLC, Sciencast Management LP, Mercer Global Advisors Inc. ADV, Creative Planning and Bfsg LLC. View Insider Buying and Selling for CoStar Group.

How do I buy shares of CoStar Group?

Shares of CSGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CoStar Group's stock price today?

One share of CSGP stock can currently be purchased for approximately $486.10.

How big of a company is CoStar Group?

CoStar Group has a market capitalization of $17.72 billion and generates $1.19 billion in revenue each year. The technology company earns $238.33 million in net income (profit) each year or $7.40 on an earnings per share basis. CoStar Group employs 3,705 workers across the globe.

What is CoStar Group's official website?

The official website for CoStar Group is http://www.costargroup.com.

How can I contact CoStar Group?

CoStar Group's mailing address is 1331 L STREET NW, WASHINGTON DC, 20005. The technology company can be reached via phone at 202-346-6500 or via email at [email protected]


MarketBeat Community Rating for CoStar Group (NASDAQ CSGP)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  455 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  684
MarketBeat's community ratings are surveys of what our community members think about CoStar Group and other stocks. Vote "Outperform" if you believe CSGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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