CoStar Group Stock Price, News & Analysis (NASDAQ:CSGP)

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

CoStar Group Inc (NASDAQ:CSGP) announced its earnings results on Tuesday, July, 23rd. The technology company reported $1.95 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.73 by $0.22. The technology company earned $343.76 million during the quarter, compared to the consensus estimate of $336.71 million. CoStar Group had a return on equity of 10.42% and a net margin of 22.48%. The business's quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.05 EPS. View CoStar Group's Earnings History.

CoStar Group is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for CoStar Group.

CoStar Group will be holding an earnings conference call on Tuesday, October 22nd 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 updated its FY19 earnings guidance on Tuesday, July, 23rd. The company provided EPS guidance of $10.00-10.14 for the period, compared to the Thomson Reuters consensus estimate of $10.06. The company issued revenue guidance of $1.382-1.390 billion, compared to the consensus revenue estimate of $1.38 billion.

9 brokers have issued 1-year price objectives for CoStar Group's stock. Their predictions range from $512.00 to $680.00. On average, they expect CoStar Group's stock price to reach $621.56 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for CoStar Group.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CoStar Group.

Media stories about CSGP stock have been trending somewhat negative on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 -1.2 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for CoStar Group.

CoStar Group saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 214,100 shares, a drop of 51.2% from the August 30th total of 438,400 shares. Based on an average trading volume of 263,300 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the stock are sold short. View CoStar Group's Current Options Chain.

Some companies that are related to CoStar Group include Booking (BKNG), Fidelity National Information Servcs (FIS), Worldpay (WP), Pinduoduo (PDD), NetEase (NTES), eBay (EBAY), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), Msci (MSCI), Ctrip.Com International (CTRP), Akamai Technologies (AKAM) and Broadridge Financial Solutions (BR).

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Adobe (ADBE), Vuzix (VUZI), Enterprise Products Partners (EPD), Mcdonald's (MCD), Oracle (ORCL), Marijuana Company Of America (MCOA), Align Technology (ALGN), Lululemon Athletica (LULU), Ulta Beauty (ULTA) and Dicks Sporting Goods (DKS).

CoStar Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (0.69%), Spence Asset Management (0.06%), Gateway Investment Advisers LLC (0.05%), State of Alaska Department of Revenue (0.05%), Gulf International Bank UK Ltd (0.02%) and Altman Advisors Inc. (0.01%). 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.

CSGP stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Altman Advisors Inc., Townsend & Associates Inc, Nelson Van Denburg & Campbell Wealth Management Group LLC, Cerebellum GP LLC, Gulf International Bank UK Ltd and Gateway Investment Advisers LLC. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, John W Hill, Matthew Linnington and Scott T Wheeler. View Insider Buying and Selling for CoStar Group.

CSGP stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Lederer & Associates Investment Counsel CA, Private Trust Co. NA, First Hawaiian Bank, Spence Asset Management and Cerebellum GP LLC. View Insider Buying and Selling 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 $600.14.

CoStar Group has a market capitalization of $21.93 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.View Additional Information About CoStar Group.

The official website for CoStar Group is http://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]