NASDAQ:CSGP

CoStar Group Stock Forecast, Price & News

$904.93
-8.43 (-0.92 %)
(As of 04/16/2021 04:00 PM ET)
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Today's Range
$896.66
Now: $904.93
$911.94
50-Day Range
$758.46
MA: $831.26
$913.36
52-Week Range
$558.61
Now: $904.93
$952.76
Volume148,549 shs
Average Volume336,661 shs
Market Capitalization$35.66 billion
P/E Ratio121.47
Dividend YieldN/A
Beta0.97
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. It offers CoStar Property Professional that provides inventory of office, industrial, retail, and multifamily, and student housing properties and land; CoStar COMPS Professional, which covers comparable commercial real estate sales information; 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. The company also provides CoStar Lease Comps, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis, a workflow tool; CoStar Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate and asset management, and lease accounting software; and CoStar Risk Analytics and CoStar Investment Analysis that provides market research, consulting and analysis, portfolio and debt analysis, and management and reporting services, as well as STAR Report that offers benchmarking and analytics services. In addition, it offers apartment marketing sites, such as Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Westside Rentals, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica, LandAndFarm, and LandWatch for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
CoStar Group logo

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
Current SymbolNASDAQ:CSGP
CUSIP22160N10
Phone202-346-6500
Employees4,752
Year Founded1987

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.40 billion
Cash Flow$13.58 per share
Book Value$92.96 per share

Profitability

Net Income$314.96 million

Miscellaneous

Market Cap$35.66 billion
Next Earnings Date4/27/2021 (Confirmed)
OptionableOptionable

Headlines

CoStar Group Stock Appears To Be Modestly Overvalued
April 5, 2021 |  finance.yahoo.com
New apartments may rise near Seminole Towne Center
April 1, 2021 |  bizjournals.com
Google to spend $7bn on US offices and data centres
March 18, 2021 |  finance.yahoo.com
Hotel Property Rebound Faces Years-Long Slog
March 5, 2021 |  finance.yahoo.com
CoStar abandons effort to acquire CoreLogic
March 5, 2021 |  bizjournals.com
See More Headlines

MarketRank

Overall MarketRank

1.65 out of 5 stars

Computer And Technology Sector

239th out of 1,551 stocks

Business Services, Not Elsewhere Classified Industry

39th out of 192 stocks

Analyst Opinion: 1.5Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$904.93
-8.43 (-0.92 %)
(As of 04/16/2021 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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CoStar Group (NASDAQ:CSGP) Frequently Asked Questions

Is CoStar Group a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CoStar Group stock.
View analyst ratings for CoStar Group
or view top-rated stocks.

What stocks does MarketBeat like better than CoStar Group?

Wall Street analysts have given CoStar Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CoStar Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CoStar Group?

CoStar Group saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 544,400 shares, a decline of 24.8% from the February 28th total of 724,200 shares. Based on an average daily volume of 340,900 shares, the short-interest ratio is currently 1.6 days.
View CoStar Group's Short Interest
.

When is CoStar Group's next earnings date?

CoStar Group is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for CoStar Group
.

How can I listen to CoStar Group's earnings call?

CoStar Group will be holding an earnings conference call on Tuesday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were CoStar Group's earnings last quarter?

CoStar Group, Inc. (NASDAQ:CSGP) posted its earnings results on Monday, February, 22nd. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.41 by $0.44. The technology company had revenue of $444.39 million for the quarter, compared to analyst estimates of $433.98 million. CoStar Group had a trailing twelve-month return on equity of 7.58% and a net margin of 17.57%. CoStar Group's revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.82 EPS.
View CoStar Group's earnings history
.

How has CoStar Group's stock price been impacted by COVID-19 (Coronavirus)?

CoStar Group's stock was trading at $651.35 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CSGP shares have increased by 38.9% and is now trading at $904.93.
View which stocks have been most impacted by COVID-19
.

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

CoStar Group issued an update on its FY21 earnings guidance on Tuesday, February, 23rd. The company provided earnings per share (EPS) guidance of $10.83-11.03 for the period, compared to the Thomson Reuters consensus estimate of $11.42. The company issued revenue guidance of $1.925-1.945 billion, compared to the consensus revenue estimate of $1.91 billion.

What price target have analysts set for CSGP?

10 brokerages have issued 1 year price targets for CoStar Group's shares. Their forecasts range from $810.00 to $1,000.00. On average, they anticipate CoStar Group's stock price to reach $925.36 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
View analysts' price targets for CoStar Group
or view top-rated stocks among Wall Street analysts.

Who are CoStar Group's key executives?

CoStar Group's management team includes the following people:
  • Mr. Andrew C. Florance, Founder, Director, Pres & CEO (Age 57, Pay $2.49M)
  • Mr. Scott T. Wheeler, Chief Financial Officer (Age 57, Pay $1.07M)
  • Ms. Lisa C. Ruggles, Sr. VP of Global Analytics, Research & News (Age 54, Pay $937.64k)
  • Mr. Frank A. Simuro, Chief Technology Officer (Age 54)
  • Mr. Jason Butler, Chief Information Officer
  • Mr. William Arthur Warmington Jr., VP of Investor Relations
  • Ms. Jaye S. Campbell, Gen. Counsel & Sec. (Age 40) (LinkedIn Profile)
  • Ms. Jeannette Koonce, Chief Compliance Officer (LinkedIn Profile)
  • Mr. Timothy J. Trainor, Communications Director
  • Mr. Matthew R. Blocher, VP of Marketing & Communications

What is Andrew C. Florance's approval rating as CoStar Group's CEO?

826 employees have rated CoStar Group CEO Andrew C. Florance on Glassdoor.com. Andrew C. Florance has an approval rating of 60% among CoStar Group's employees. This puts Andrew C. Florance in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 NVIDIA (NVDA), Adobe (ADBE), Alibaba Group (BABA), salesforce.com (CRM), The 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 many different institutional and retail investors. Top institutional shareholders include Chicago Capital LLC (0.12%), Royal London Asset Management Ltd. (0.08%), Scout Investments Inc. (0.07%), Spence Asset Management (0.04%), Gateway Investment Advisers LLC (0.03%) and Hexavest Inc. (0.03%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Frederick G Saint, John W Hill, Laura Cox Kaplan, Lisa Ruggles, Matthew Linnington 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 State of Alaska Department of Revenue, Hexavest Inc., EFG Asset Management Americas Corp., Chicago Capital LLC, Redpoint Investment Management Pty Ltd, Gateway Investment Advisers LLC, and Coastal Investment Advisors Inc.. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Frederick G Saint, Lisa Ruggles, Matthew Linnington, and Scott T Wheeler.
View insider buying and selling activity for CoStar Group
or view top insider-selling stocks.

Which institutional investors are buying CoStar Group stock?

CSGP stock was acquired by a variety of institutional investors in the last quarter, including XXEC Inc., Scout Investments Inc., Polianta Ltd, Royal London Asset Management Ltd., Fulton Breakefield Broenniman LLC, Spence Asset Management, Jackson Wealth Management LLC, and Paragon Advisors LLC.
View insider buying and selling activity for CoStar Group
or or view top insider-buying stocks.

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 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 $904.93.

How much money does CoStar Group make?

CoStar Group has a market capitalization of $35.66 billion and generates $1.40 billion in revenue each year. The technology company earns $314.96 million in net income (profit) each year or $9.12 on an earnings per share basis.

How many employees does CoStar Group have?

CoStar Group employs 4,752 workers across the globe.

When was CoStar Group founded?

CoStar Group was founded in 1987.

What is CoStar Group's official website?

The official website for CoStar Group is www.costargroup.com.

Where are CoStar Group's headquarters?

CoStar Group is headquartered at 1331 L STREET NW, WASHINGTON DC, 20005.

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]


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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