Top-Rated StocksTop-RatedNASDAQ:CSGP CoStar Group (CSGP) Stock Forecast, Price & News $81.88 +2.15 (+2.70%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$80.11▼$82.1350-Day Range$67.14▼$79.8552-Week Range$54.02▼$85.37Volume2.13 million shsAverage Volume1.98 million shsMarket Capitalization$33.45 billionP/E Ratio89.98Dividend YieldN/APrice Target$87.08 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CoStar Group MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside6.4% Upside$87.08 Price TargetShort InterestHealthy1.51% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 5 Articles This WeekInsider TradingSelling Shares$394,016 Sold Last QuarterProj. Earnings Growth23.36%From $1.07 to $1.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.08 out of 5 starsComputer And Technology Sector289th out of 604 stocksBusiness Services, Not Elsewhere Classified Industry53rd out of 91 stocks 1.4 Analyst's Opinion Consensus RatingCoStar Group has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $87.08, CoStar Group has a forecasted upside of 6.4% from its current price of $81.88.Amount of Analyst CoverageCoStar Group has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.51% of the outstanding shares of CoStar Group have been sold short.Short Interest Ratio / Days to CoverCoStar Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CoStar Group has recently increased by 7.52%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCoStar Group does not currently pay a dividend.Dividend GrowthCoStar Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CSGP. Previous Next 2.7 News and Social Media Coverage News SentimentCoStar Group has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for CoStar Group this week, compared to 6 articles on an average week.Search InterestOnly 8 people have searched for CSGP on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.MarketBeat Follows7 people have added CoStar Group to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CoStar Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $394,016.00 in company stock.Percentage Held by InsidersOnly 1.42% of the stock of CoStar Group is held by insiders.Percentage Held by Institutions97.80% of the stock of CoStar Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CoStar Group are expected to grow by 23.36% in the coming year, from $1.07 to $1.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CoStar Group is 89.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.16.Price to Earnings Ratio vs. SectorThe P/E ratio of CoStar Group is 89.98, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 334.76.Price to Earnings Growth RatioCoStar Group has a PEG Ratio of 3.72. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCoStar Group has a P/B Ratio of 4.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CoStar Group (NASDAQ:CSGP) StockCoStar Group, Inc. engages in providing online real estate marketplaces, information, and analytics in the commercial and residential property markets. It operates through the North America and International geographical segments. The North America segment includes the Unites States and Canada. The International refers to Europe, Asia-Pacific, and Latin America. The company was founded by Andrew C. Florance and Michael R. Klein in 1987 and is headquartered in Washington, DC.Read More Receive CSGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CoStar Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CSGP Stock News HeadlinesMay 31, 2023 | finanznachrichten.deCoStar Group, Inc.: CoStar Group Acquires Fairmas Benchmarking, a Leading Hospitality Benchmarking Product in GermanyMay 29, 2023 | finance.yahoo.comCoStar Group (CSGP) Declined on Shortfall in 2023 GuidanceJune 2, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 27, 2023 | americanbankingnews.comAnalysts Set CoStar Group, Inc. (NASDAQ:CSGP) Target Price at $87.08May 26, 2023 | finance.yahoo.comCoStar Group Signs Science Based Targets Initiative (SBTi) Commitment for Emissions ReductionMay 24, 2023 | finance.yahoo.comHas The Midwest Taken The Multifamily Investor Shine Off The Sun Belt?May 24, 2023 | msn.comReal-estate investors flee South for Midwest. Rental growth for the Sun Belt in 2023 is projected at 0%.May 22, 2023 | finance.yahoo.comTen-X Releases Auction Insights Report Featuring Data-Driven, Proprietary Insights on Multifamily Housing IndustryJune 2, 2023 | Legacy Research (Affiliate) (Ad)“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.May 20, 2023 | finance.yahoo.comCoStar Group's (NASDAQ:CSGP) 16% CAGR outpaced the company's earnings growth over the same five-year periodMay 17, 2023 | msn.comUnusual Put Option Trade in Costar Group (CSGP) Worth $572.00KMay 17, 2023 | finance.yahoo.comLoopNet and Google Release Commercial Real Estate Study Focused on Identifying Trends in Tenant and Investor Online Search BehaviorMay 15, 2023 | benzinga.comP/E Ratio Insights for CoStar GrMay 15, 2023 | bizjournals.comCoStar secures naming rights for new VCU campus building with $18M donationMay 15, 2023 | bizjournals.comCoStar lands naming rights for new Virginia Commonwealth University campus building with $18M donationMay 12, 2023 | businesswire.comCoStar Group Announces $18 Million Commitment to Virginia Commonwealth University for the Construction of the CoStar Center for Arts and Innovation, for the Creative and ...May 12, 2023 | finance.yahoo.comCoStar Group Announces $18 Million Commitment to Virginia Commonwealth University for the Construction of the CoStar Center for Arts and Innovation, for the Creative and Digital EconomyMay 12, 2023 | msn.comHow Is The Market Feeling About CoStar Gr?May 11, 2023 | finance.yahoo.comProperty Vista Expands Listing Syndication Partnerships with the Leading Online Rental MarketplaceMay 4, 2023 | finance.yahoo.comApartments.com Publishes April 2023 Rent Growth ReportMay 3, 2023 | msn.comHere’s a Look at CoStar’s (NASDAQ:CSGP) Latest Insider TradesMay 3, 2023 | finance.yahoo.comCoStar Group Launches the Next Generation of STRMay 2, 2023 | finance.yahoo.comCoStar Group, Inc. (NASDAQ:CSGP) Q1 2023 Earnings Call TranscriptMay 2, 2023 | finance.yahoo.comCoStar Group (CSGP) Declined in Q1 Due to Profit TakingMay 2, 2023 | americanbankingnews.comCoStar Group, Inc. (NASDAQ:CSGP) Receives $87.08 Average PT from BrokeragesMay 2, 2023 | americanbankingnews.comWilliam Blair Research Analysts Increase Earnings Estimates for CoStar Group, Inc. (NASDAQ:CSGP)May 1, 2023 | seekingalpha.comCoStar Group: Business Remains Fundamentally StrongSee More Headlines CSGP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CSGP Company Calendar Last Earnings4/25/2023Today6/02/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryInternet Software & Services SectorComputer and Technology Current SymbolNASDAQ:CSGP CUSIP22160N10 CIK1057352 Webwww.costargroup.com Phone(202) 346-6500Fax877-739-0486Employees5,653Year Founded1987Price Target and Rating Average Stock Price Forecast$87.08 High Stock Price Forecast$100.00 Low Stock Price Forecast$68.00 Forecasted Upside/Downside+6.4%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.91 Trailing P/E Ratio89.98 Forward P/E Ratio76.52 P/E Growth3.72Net Income$369.45 million Net Margins16.32% Pretax Margin21.39% Return on Equity6.73% Return on Assets5.46% Debt Debt-to-Equity Ratio0.14 Current Ratio13.21 Quick Ratio13.21 Sales & Book Value Annual Sales$2.18 billion Price / Sales15.33 Cash Flow$1.69 per share Price / Cash Flow48.42 Book Value$17.05 per share Price / Book4.80Miscellaneous Outstanding Shares408,540,000Free Float402,738,000Market Cap$33.45 billion OptionableOptionable Beta0.88 Social Links Key ExecutivesAndrew C. FlorancePresident, Chief Executive Officer & DirectorScott T. WheelerChief Financial & Accounting OfficerFrank A. SimuroChief Technology OfficerJason ButlerChief Information OfficerCorey DurantVice President-ResearchKey CompetitorsAkamai TechnologiesNASDAQ:AKAMMSCINYSE:MSCIDoorDashNYSE:DASHFair IsaacNYSE:FICOZillow GroupNASDAQ:ZGView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 770,204 shares on 6/1/2023Ownership: 2.129%ProShare Advisors LLCSold 9,253 shares on 5/26/2023Ownership: 0.098%Toroso Investments LLCBought 725 shares on 5/23/2023Ownership: 0.002%Seaport Global Advisors LLCSold 931 shares on 5/23/2023Ownership: 0.001%Putnam Investments LLCSold 121,873 shares on 5/22/2023Ownership: 0.291%View All Insider TransactionsView All Institutional Transactions CSGP Stock - Frequently Asked Questions Should I buy or sell CoStar Group stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CSGP shares. View CSGP analyst ratings or view top-rated stocks. What is CoStar Group's stock price forecast for 2023? 12 equities research analysts have issued 12-month price objectives for CoStar Group's shares. Their CSGP share price forecasts range from $68.00 to $100.00. On average, they predict the company's share price to reach $87.08 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View analysts price targets for CSGP or view top-rated stocks among Wall Street analysts. How have CSGP shares performed in 2023? CoStar Group's stock was trading at $77.28 on January 1st, 2023. Since then, CSGP shares have increased by 6.0% and is now trading at $81.88. View the best growth stocks for 2023 here. When is CoStar Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our CSGP earnings forecast. How were CoStar Group's earnings last quarter? CoStar Group, Inc. (NASDAQ:CSGP) issued its quarterly earnings results on Tuesday, April, 25th. The technology company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.04. The technology company earned $584.37 million during the quarter, compared to the consensus estimate of $579.36 million. CoStar Group had a trailing twelve-month return on equity of 6.73% and a net margin of 16.32%. The company's revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 EPS. What ETFs hold CoStar Group's stock? ETFs with the largest weight of CoStar Group (NASDAQ:CSGP) stock in their portfolio include Sterling Capital Focus Equity ETF (LCG), Global X E-Commerce ETF (EBIZ), iShares U.S. Real Estate ETF (IYR), First Trust Multi-Manager Large Growth ETF (MMLG), First Trust S-Network Global E-Commerce ETF (ISHP), First Trust NASDAQ 100 Ex-Technology Sector Index Fund (QQXT), ROBO Global Artificial Intelligence ETF (THNQ) and Global X Founder-Run Companies ETF (BOSS). When did CoStar Group's stock split? CoStar Group shares split on the morning of Thursday, June 17th 2021. The 10-1 split was announced on Monday, June 7th 2021. The newly issued shares were distributed to shareholders after the market closes on Monday, June 28th 2021. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split. What guidance has CoStar Group issued on next quarter's earnings? CoStar Group issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $0.29-$0.30 for the period, compared to the consensus EPS estimate of $0.26. The company issued revenue guidance of $603.00 million-$608.00 million, compared to the consensus revenue estimate of $604.36 million. What is Andrew C. Florance's approval rating as CoStar Group's CEO? 1,147 employees have rated CoStar Group Chief Executive Officer Andrew C. Florance on Glassdoor.com. Andrew C. Florance has an approval rating of 60% among the company's employees. This puts Andrew C. Florance in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 44.0% of employees surveyed would recommend working at CoStar Group to a friend. 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 NVIDIA (NVDA), Adobe (ADBE), Alibaba Group (BABA), Salesforce (CRM), Home Depot (HD), Johnson & Johnson (JNJ), PayPal (PYPL), QUALCOMM (QCOM), Visa (V) and UnitedHealth Group (UNH). What is CoStar Group's stock symbol? CoStar Group trades on the NASDAQ under the ticker symbol "CSGP." Who are CoStar Group's major shareholders? CoStar Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.81%), Principal Financial Group Inc. (4.72%), State Street Corp (3.68%), Baillie Gifford & Co. (3.02%), Geode Capital Management LLC (2.40%) and Sands Capital Management LLC (2.35%). Insiders that own company stock include Andrew C Florance, Andrew C Florance, Frederick G Saint, John W Hill, Laura Cox Kaplan, Lisa Ruggles, Matthew Linnington, Michael J Desmarais, Scott T Wheeler and Scott T Wheeler. View institutional ownership trends. How do I buy shares of CoStar Group? Shares of CSGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CoStar Group's stock price today? One share of CSGP stock can currently be purchased for approximately $81.88. How much money does CoStar Group make? CoStar Group (NASDAQ:CSGP) has a market capitalization of $33.45 billion and generates $2.18 billion in revenue each year. The technology company earns $369.45 million in net income (profit) each year or $0.91 on an earnings per share basis. How many employees does CoStar Group have? The company employs 5,653 workers across the globe. Does CoStar Group have any subsidiaries? The following companies are subsidiares of CoStar Group: Homesnap.Read More How can I contact CoStar Group? CoStar Group's mailing address is 1331 L STREET NW, WASHINGTON DC, 20005. The official website for the company is www.costargroup.com. The technology company can be reached via phone at (202) 346-6500, via email at sspray@costar.com, or via fax at 877-739-0486. This page (NASDAQ:CSGP) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CoStar Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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