CoStar Group Company Profile (NASDAQ:CSGP)

About CoStar Group (NASDAQ:CSGP)

CoStar Group logoCoStar Group, Inc. (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France. The Company provides online marketplaces for commercial real estate, apartment rentals, lands for sale and businesses for sale. It manages its business geographically in two segments: North America, which includes the United States and Canada, and International, which includes the United Kingdom, Spain, Germany and France. Its suite of information, analytics and online marketplaces is branded and marketed to its customers. Its services are primarily derived from a database of building-specific information and offer customers specialized tools for accessing, analyzing and using its information. It has five brands: CoStar, LoopNet,, BizBuySell and LandsofAmerica.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Internet Services
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:CSGP
  • CUSIP: 22160N10
  • Web:
  • Market Cap: $9.27 billion
  • Outstanding Shares: 32,820,000
Average Prices:
  • 50 Day Moving Avg: $278.83
  • 200 Day Moving Avg: $262.34
  • 52 Week Range: $179.21 - $291.95
  • Trailing P/E Ratio: 94.85
  • Foreward P/E Ratio: 44.22
  • P/E Growth: 3.50
Sales & Book Value:
  • Annual Revenue: $894.73 million
  • Price / Sales: 10.36
  • Book Value: $52.31 per share
  • Price / Book: 5.40
  • EBITDA: $220.39 million
  • Net Margins: 10.85%
  • Return on Equity: 7.19%
  • Return on Assets: 5.49%
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 4.21%
  • Quick Ratio: 4.21%
  • Average Volume: 210,414 shs.
  • Beta: 1.51
  • Short Ratio: 3.44

Frequently Asked Questions for CoStar Group (NASDAQ:CSGP)

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) announced its earnings results on Wednesday, July, 26th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.23. The business had revenue of $237.20 million for the quarter, compared to analyst estimates of $234.38 million. CoStar Group had a return on equity of 7.19% and a net margin of 10.85%. CoStar Group's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.91 EPS. View CoStar Group's Earnings History.

When will CoStar Group make its next earnings announcement?

CoStar Group is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for CoStar Group.

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

CoStar Group issued an update on its FY17 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $4.42-$4.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.37. The company issued revenue guidance of $954-$960 million, compared to the consensus revenue estimate of $951.80 million.CoStar Group also updated its Q3 guidance to $1.09-$1.15 EPS.

Where is CoStar Group's stock going? Where will CoStar Group's stock price be in 2017?

6 brokerages have issued 12-month target prices for CoStar Group's shares. Their forecasts range from $275.00 to $335.00. On average, they anticipate CoStar Group's stock price to reach $311.83 in the next year. View Analyst Ratings for CoStar Group.

What are analysts saying about CoStar Group stock?

Here are some recent quotes from research analysts about CoStar Group stock:

  • 1. According to Zacks Investment Research, "CoStar Group, Inc. provides information services to the commercial real estate industry. Their wide array of digital service offerings includes a leasing marketplace, a selling marketplace, sales comparable information, decision support, contact management, tenant information, property marketing, and industry news. They have three assets that provide a unique foundation for this marketplace: comprehensive national databases; large research department; and large number of participating organizations. " (10/4/2017)
  • 2. Needham & Company LLC analysts commented, "Following our recent investor meetings with CSGP in Southern California, we are reiterating our Buy rating and $235 target. As the leading provider of critical information services for the commercial real estate and apartment markets with a large TAM, high barriers to entry, and potential for low double-digit organic revenue growth and sustained EBITDA margin expansion, we see CSGP as a blue-chip holding. We believe the LoopNet integration with the CoStar Suite remains on track to be completed by 2Q, which should lead to a large multi-year up-sell opportunity. We see upside potential to estimates and we are confident that management is on track to deliver on its stated target of exceeding $B in revenue in FY18 and exiting the year with 40% EBITDA margins." (3/27/2017)

Who are some of CoStar Group's key competitors?

Who are CoStar Group's key executives?

CoStar Group's management team includes the folowing people:

  • Michael R. Klein, Independent Chairman of the Board
  • Andrew C. Florance, President, Chief Executive Officer, Director
  • Scott T. Wheeler, Chief Financial Officer
  • Frederick G. Saint, President of Apartments
  • Cameron C. Stewart, President of LoopNet
  • Matthew F. W. Linnington, Executive Vice President - Sales
  • Francis A. Carchedi, Executive Vice President - Corporate Development
  • Lisa C. Ruggles, Senior Vice President, Global Research
  • Frank A. Simuro, Chief Technology Officer
  • Rebecca Carr, Chief Marketing Officer

Who owns CoStar Group stock?

CoStar Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Summit Creek Advisors LLC (0.13%) and Robeco Institutional Asset Management B.V. (0.00%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, Matthew Linnington, Michael J Glosserman, Michael R Klein and Scott T Wheeler. View Institutional Ownership Trends for CoStar Group.

Who sold CoStar Group stock? Who is selling CoStar Group stock?

CoStar Group's stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC. Company insiders that have sold CoStar Group 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.

Who bought CoStar Group stock? Who is buying CoStar Group stock?

CoStar Group's stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for CoStar Group.

How do I buy CoStar Group stock?

Shares of CoStar Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CoStar Group's stock price today?

One share of CoStar Group stock can currently be purchased for approximately $282.56.

MarketBeat Community Rating for CoStar Group (NASDAQ CSGP)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  271 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  401
MarketBeat's community ratings are surveys of what our community members think about CoStar Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CoStar Group (NASDAQ:CSGP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $311.83 (10.36% upside)
Consensus Price Target History for CoStar Group (NASDAQ:CSGP)
Price Target History for CoStar Group (NASDAQ:CSGP)
Analysts' Ratings History for CoStar Group (NASDAQ:CSGP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017Bank of America CorporationReiterated RatingBuy -> Buy$306.00N/AView Rating Details
10/2/2017B. RileyReiterated RatingBuy$335.00LowView Rating Details
9/13/2017SunTrust Banks, Inc.Reiterated RatingBuy$310.00LowView Rating Details
8/17/2017Needham & Company LLCBoost Price TargetBuy -> Buy$300.00 -> $325.00LowView Rating Details
7/28/2017Citigroup Inc.Set Price TargetHold -> Buy$320.00LowView Rating Details
6/19/2017StephensReiterated RatingOverweight$260.00 -> $275.00LowView Rating Details
7/29/2016J P Morgan Chase & CoBoost Price TargetOverweight$229.00 -> $250.00N/AView Rating Details
7/28/2016JMP SecuritiesBoost Price TargetMarket Outperform$215.00 -> $230.00N/AView Rating Details
6/7/2016Wells Fargo & CoReiterated RatingBuyN/AView Rating Details
(Data available from 10/20/2015 forward)


Earnings History for CoStar Group (NASDAQ:CSGP)
Earnings by Quarter for CoStar Group (NASDAQ:CSGP)
Earnings History by Quarter for CoStar Group (NASDAQ CSGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$1.20N/AView Earnings Details
7/26/2017Q2 2017$0.63$0.86$234.38 million$237.20 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.94$1.05$224.69 million$227.00 millionViewN/AView Earnings Details
2/22/2017Q416$1.26$1.29$217.49 million$218.00 millionViewN/AView Earnings Details
10/26/2016Q316$1.03$1.11$44.83 million$213.00 millionViewN/AView Earnings Details
7/27/2016Q2$0.83$0.91$205.66 million$207.00 millionViewN/AView Earnings Details
4/27/2016Q116$0.69$0.95$197.33 million$200.00 millionViewListenView Earnings Details
2/24/2016Q4$0.82$1.10$192.58 million$193.00 millionViewListenView Earnings Details
10/28/2015Q315$0.25$0.31$189.03 million$189.10 millionViewListenView Earnings Details
7/29/2015Q215($0.14)$0.08$169.71 million$170.70 millionViewListenView Earnings Details
4/29/2015Q115$0.21$0.34$158.11 million$159.00 millionViewN/AView Earnings Details
2/25/2015Q414$0.73$0.77$154.11 million$156.10 millionViewListenView Earnings Details
10/29/2014Q314$0.64$0.73$150.90 million$153.10 millionViewN/AView Earnings Details
7/23/2014Q214$0.54$0.66$144.07 million$147.71 millionViewN/AView Earnings Details
4/23/2014Q114$0.64$0.69$117.41 million$119.10 millionViewN/AView Earnings Details
2/19/2014Q413$0.74$0.78$113.73 million$115.60 millionViewN/AView Earnings Details
10/23/2013Q313$0.63$0.71$111.71 million$112.30 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.52$0.61$106.36 million$109.00 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.44$0.47$102.55 million$104.00 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.44$0.46$98.17 million$100.10 millionViewN/AView Earnings Details
10/24/2012$0.39$0.47ViewN/AView Earnings Details
7/25/2012$0.34$0.39ViewN/AView Earnings Details
2/22/2012$0.30$0.33ViewN/AView Earnings Details
7/27/2011$0.29$0.33ViewN/AView Earnings Details
4/27/2011$0.17$0.22ViewN/AView Earnings Details
2/23/2011$0.17$0.18ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for CoStar Group (NASDAQ:CSGP)
2017 EPS Consensus Estimate: $3.70
2018 EPS Consensus Estimate: $4.89
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.89$0.89$0.89
Q2 20172$0.44$0.94$0.69
Q3 20172$0.96$0.96$0.96
Q4 20173$1.11$1.26$1.16
Q1 20182$0.90$1.11$1.01
Q2 20182$0.79$1.08$0.94
Q3 20182$1.10$1.41$1.26
Q4 20182$1.62$1.77$1.70
(Data provided by Zacks Investment Research)


Dividend History for CoStar Group (NASDAQ:CSGP)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for CoStar Group (NASDAQ:CSGP)
Insider Ownership Percentage: 2.98%
Institutional Ownership Percentage: 91.75%
Insider Trades by Quarter for CoStar Group (NASDAQ:CSGP)
Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)
Insider Trades by Quarter for CoStar Group (NASDAQ:CSGP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/31/2017Matthew LinningtonVPSell1,767$273.15$482,656.05View SEC Filing  
6/26/2017Michael R. KleinDirectorSell20,000$265.01$5,300,200.00View SEC Filing  
5/3/2017Andrew C. FloranceinsiderSell43,536$244.46$10,642,810.56View SEC Filing  
5/3/2017Andrew C. FloranceCEOSell21,768$244.19$5,315,527.92View SEC Filing  
5/2/2017Andrew C. FloranceCEOSell21,768$244.73$5,327,282.64View SEC Filing  
5/2/2017Francis CarchediVPSell5,500$245.04$1,347,720.00View SEC Filing  
5/2/2017John W. HillDirectorSell440$244.52$107,588.80View SEC Filing  
5/1/2017Matthew LinningtonVPSell1,037$240.00$248,880.00View SEC Filing  
5/1/2017Scott T. WheelerCFOSell757$240.00$181,680.00View SEC Filing  
3/6/2017Francis CarchediVPSell2,448$205.30$502,574.40View SEC Filing  
3/2/2017Andrew C. FloranceInsiderSell26,271$205.31$5,393,699.01View SEC Filing  
3/2/2017Francis CarchediVPSell4,500$204.98$922,410.00View SEC Filing  
11/1/2016Christopher J. NassettaDirectorSell575$187.67$107,910.25View SEC Filing  
10/31/2016Matthew LinningtonVPSell1,060$188.31$199,608.60View SEC Filing  
8/1/2016Michael J. GlossermanDirectorSell5,000$206.33$1,031,650.00View SEC Filing  
11/13/2015Francis CarchediVPSell3,414$201.65$688,433.10View SEC Filing  
11/11/2015Andrew C. FloranceCEOSell17,612$205.10$3,612,221.20View SEC Filing  
6/15/2015David Jay SteinbergDirectorSell1,225$204.82$250,904.50View SEC Filing  
3/13/2015Brian J RadeckiCFOSell4,500$192.53$866,385.00View SEC Filing  
3/9/2015Francis CarchediVPSell5,910$191.05$1,129,105.50View SEC Filing  
3/2/2015Andrew C FloranceCEOSell33,187$197.90$6,567,707.30View SEC Filing  
3/2/2015Brian J RadeckiCFOSell14,634$197.14$2,884,946.76View SEC Filing  
8/26/2014Christopher J NassettaDirectorSell3,242$148.11$480,172.62View SEC Filing  
3/11/2014John StanfillVPSell25,915$208.55$5,404,573.25View SEC Filing  
11/22/2013Brian RadeckiCFOSell8,500$180.10$1,530,850.00View SEC Filing  
11/22/2013Francis CarchediVPSell10,000$180.00$1,800,000.00View SEC Filing  
10/28/2013Andrew C FloranceCEOSell54,400$179.08$9,741,952.00View SEC Filing  
9/9/2013Jennifer KitchenVPSell2,750$160.85$442,337.50View SEC Filing  
8/27/2013Christopher NassettaDirectorSell1,015$147.89$150,108.35View SEC Filing  
8/20/2013Warren HaberDirectorSell1,396$153.53$214,327.88View SEC Filing  
8/2/2013Christopher NassettaDirectorSell1,800$158.71$285,678.00View SEC Filing  
7/30/2013Andrew C FloranceCEOSell72,128$156.42$11,282,261.76View SEC Filing  
7/30/2013Brian J RadeckiCFOSell10,267$157.00$1,611,919.00View SEC Filing  
7/30/2013Francis CarchediVPSell10,325$157.00$1,621,025.00View SEC Filing  
3/13/2013Jennifer KitchenVPSell16,066$100.01$1,606,760.66View SEC Filing  
3/12/2013John L StanfillVPSell14,599$101.10$1,475,958.90View SEC Filing  
3/5/2013Brian J RadeckiCFOSell20,599$103.45$2,130,966.55View SEC Filing  
3/5/2013Francis CarchediVPSell9,675$102.74$994,009.50View SEC Filing  
3/4/2013Andrew C FloranceCEOSell32,330$102.85$3,325,140.50View SEC Filing  
9/6/2012John L StanfillVPSell34,530$81.84$2,825,935.20View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for CoStar Group (NASDAQ:CSGP)
Latest Headlines for CoStar Group (NASDAQ:CSGP)
DateHeadline logoXceligent contractor claims it played role in alleged theft of CoStar data - October 20 at 7:03 PM logoCoStar Group, Inc. (CSGP) to Release Quarterly Earnings on Tuesday - October 17 at 3:44 AM logoVCU School of Business to receive $2.5 million from CoStar Group for endowed chair - October 12 at 6:21 PM logoCoStar Group, Inc. breached its 50 day moving average in a Bullish Manner : CSGP-US : October 11, 2017 - October 11 at 7:06 PM logoCoStar Group, Inc. (CSGP) Given Average Rating of "Buy" by Brokerages - October 11 at 8:49 AM logoWilliam Blair Comments on CoStar Group, Inc.'s FY2017 Earnings (CSGP) - October 6 at 8:26 AM logoCoStar Group to Report Financial Results for Third Quarter 2017 on October 25, 2017 - October 5 at 9:42 PM logoCoStar Group, Inc. (CSGP) Rating Reiterated by Bank of America Corporation - October 5 at 8:18 PM logoEquities Analysts Issue Forecasts for CoStar Group, Inc.'s FY2019 Earnings (CSGP) - October 5 at 2:32 PM logoCoStar Group, Inc. Expected to Post Q3 2017 Earnings of $0.96 Per Share (CSGP) - October 4 at 8:00 AM logoHead-To-Head Analysis: CoStar Group (CSGP) and Its Peers - October 3 at 6:20 PM logoShould You Sell CoStar Group Inc (CSGP) At This PE Ratio? - October 3 at 5:59 AM logoCoStar Group's (CSGP) Buy Rating Reaffirmed at B. Riley - October 2 at 10:18 PM logoCoStar Group Enters Oversold Territory (CSGP) - September 28 at 5:21 PM logoCoStar Group Inc. (CSGP) Is Pulling Back On Offering News - September 27 at 6:58 PM logoRGP and CoStar Group Form Alliance to Help Companies Comply with New FASB and IASB Lease Accounting Standards - September 20 at 6:21 PM logoNutanix (NTNX) Looks Good: Stock Adds 5.4% in Session - September 19 at 10:37 PM logoCoStar Group, Inc. (CSGP) Given Consensus Recommendation of "Buy" by Analysts - September 16 at 8:40 AM logoCoStar Group, Inc. breached its 50 day moving average in a Bearish Manner : CSGP-US : September 14, 2017 - September 14 at 6:21 PM logo[$$] Matt Damon in Contract to Buy Brooklyn Penthouse - September 13 at 6:53 PM logoCoStar Group, Inc. (CSGP) Receives "Buy" Rating from SunTrust Banks, Inc. - September 13 at 3:34 PM logoHave Investors Already Priced In CoStar Group Inc’s (CSGP) Growth? - September 12 at 11:23 PM logo[$$] CoStar Agrees to Buy for $385 Million - September 12 at 11:23 PM logoCoStar Group (CSGP) versus Liberty TripAdvisor Holdings (LTRPA) Head to Head Review - September 12 at 6:26 PM logoCoStar Group To Acquire ForRent - Quick Facts - September 12 at 6:15 PM logoCoStar Group, Inc. (CSGP) Expected to Post Quarterly Sales of $243.97 Million - September 9 at 1:04 AM logoCoStar Group (CSGP) & Liberty TripAdvisor Holdings (LTRPA) Financial Analysis - September 8 at 8:29 PM logoLatest CoStar Composite Price Indices: Equal-Weighted Index Reflects Shift Among Investors Toward Broader Market - August 30 at 6:39 PM logoCoStar Group, Inc. (CSGP) Expected to Announce Quarterly Sales of $243.97 Million - August 22 at 11:58 AM logo$1.15 EPS Expected for CoStar Group, Inc. (CSGP) This Quarter - August 20 at 6:18 AM logoCoStar Group, Inc. (CSGP) Price Target Raised to $325.00 - August 17 at 10:06 AM logoLiberty TripAdvisor Holdings (LTRPA) vs. CoStar Group (CSGP) Head to Head Analysis - August 16 at 9:58 AM logoFeatured Company News - HFF Procures $339 Million Financing for Five Point Gateway Office in Irvine, California - August 15 at 6:14 PM logoFinancial Contrast: Autohome (ATHM) and CoStar Group (NASDAQ:CSGP) - August 12 at 11:50 AM logoSee what the IHS Markit Score report has to say about Costar Group Inc. - August 10 at 6:49 PM logoTesla rally pushes funds, ETFs into big bets on shares - August 7 at 5:58 PM logoHead-To-Head Analysis: Shutterstock (SSTK) versus CoStar Group (NASDAQ:CSGP) - August 6 at 10:18 PM logoAnalyzing CoStar Group (CSGP) and Netflix (NFLX) - August 5 at 10:46 PM logoSperry Commercial Global Affiliates Builds on Market Advantage with New CoStar National License Agreement - August 3 at 6:56 PM logoCoStar Group, Inc. (CSGP) Earns "Buy" Rating from B. Riley - August 2 at 8:56 PM logo$0.94 EPS Expected for CoStar Group, Inc. (CSGP) This Quarter - August 2 at 12:14 AM logoMatthew Linnington Sells 1,767 Shares of CoStar Group, Inc. (NASDAQ:CSGP) Stock - August 1 at 7:48 PM logoCoStar Group, Inc. :CSGP-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017 - July 31 at 5:25 PM logoCoStar Group, Inc. (CSGP) Forecasted to Earn Q2 2018 Earnings of $0.87 Per Share - July 31 at 8:56 AM logoQ3 2017 EPS Estimates for CoStar Group, Inc. (CSGP) Reduced by SunTrust Banks - July 31 at 7:50 AM logoCoStar Group, Inc. Lifts Its Full-Year Outlook - July 30 at 9:46 PM logoCoStar Group, Inc. (CSGP) Price Target Raised to $300.00 - July 30 at 2:08 PM logoCoStar Group, Inc. (NASDAQ:CSGP) PT Set at $320.00 by Citigroup Inc. - July 30 at 2:08 PM logoShort Interest in CoStar Group, Inc. (NASDAQ:CSGP) Increases By 39.6% - July 29 at 7:01 AM logoCoStar Group A Misunderstood And Overvalued Growth Stock - July 28 at 7:25 PM



CoStar Group (CSGP) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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