NASDAQ:CSGPCoStar Group Stock Price, Forecast & News

CoStar Group's stock was trading at $651.35 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CSGP stock has increased by 7.0% and is now trading at $696.63. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CoStar Group.

CoStar Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for CoStar Group.

CoStar Group will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CoStar Group Inc (NASDAQ:CSGP) issued its earnings results on Tuesday, April, 28th. The technology company reported $2.44 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.27 by $0.17. The technology company earned $392 million during the quarter, compared to analysts' expectations of $387.43 million. CoStar Group had a net margin of 20.68% and a return on equity of 9.84%. CoStar Group's revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.53 EPS. View CoStar Group's earnings history.

CoStar Group issued an update on its second quarter earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of $2.02 to $2.12 for the period, compared to the Thomson Reuters consensus estimate of $1.92. The company issued revenue guidance of $387 million to $392 million, compared to the consensus revenue estimate of $396.32 million.

11 analysts have issued 1-year target prices for CoStar Group's shares. Their forecasts range from $601.00 to $850.00. On average, they expect CoStar Group's share price to reach $747.91 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View analysts' price targets for CoStar Group.

Press coverage about CSGP stock has been trending very negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CoStar Group earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about CoStar Group.

Some companies that are related to CoStar Group include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Stamps.com (STMP), LivePerson (LPSN), J2 Global (JCOM), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Adobe (ADBE), salesforce.com (CRM), Alibaba Group (BABA), Home Depot (HD), Honeywell International (HON), Johnson & Johnson (JNJ), Netflix (NFLX), NVIDIA (NVDA), Mastercard (MA) and UnitedHealth Group (UNH).

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

CoStar Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.62%), Envestnet Asset Management Inc. (0.11%), Hexavest Inc. (0.06%), Spence Asset Management (0.04%), State of Alaska Department of Revenue (0.04%) and IFM Investors Pty Ltd (0.01%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, Laura Cox Kaplan, Matthew Linnington, Michael R Klein and Scott T Wheeler. View institutional ownership trends for CoStar Group.

CSGP stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, State of Alaska Department of Revenue, IFM Investors Pty Ltd, and TrimTabs Asset Management LLC. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, Laura Cox Kaplan, Matthew Linnington, and Scott T Wheeler. View insider buying and selling activity for CoStar Group.

CSGP stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Envestnet Asset Management Inc., Paragon Advisors LLC, Spence Asset Management, Nelson Van Denburg & Campbell Wealth Management Group LLC, Carroll Financial Associates Inc., and IBM Retirement Fund. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CSGP stock can currently be purchased for approximately $696.63.

CoStar Group has a market capitalization of $27.18 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. CoStar Group employs 4,337 workers across the globe.

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

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]