NASDAQ:CSGP - CoStar Group Stock Price, Price Target & More

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

CoStar Group Inc (NASDAQ:CSGP) issued its earnings results on Monday, April, 23rd. The technology company reported $1.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.28. The technology company earned $274 million during the quarter, compared to analysts' expectations of $270.56 million. CoStar Group had a return on equity of 6.97% and a net margin of 15.09%. The business's revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. View CoStar Group's Earnings History.

CoStar Group is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for CoStar Group.

CoStar Group issued an update on its FY18 earnings guidance on Monday, April, 23rd. The company provided earnings per share (EPS) guidance of $7.44 -7.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.15. The company issued revenue guidance of $1.174 -1.190 billion, compared to the consensus revenue estimate of $1.17 billion.CoStar Group also updated its Q2 guidance to $1.25-1.34 EPS.

10 brokers have issued 1-year price targets for CoStar Group's stock. Their predictions range from $306.00 to $450.00. On average, they anticipate CoStar Group's stock price to reach $385.80 in the next year. This suggests that the stock has a possible downside of 9.5%. View Analyst Ratings for CoStar Group.

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

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

Press coverage about CSGP stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CoStar Group earned a daily sentiment score of 0.17 on Accern's scale. They also assigned media stories about the technology company an impact score of 47.56 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

CoStar Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (0.83%), Baillie Gifford & Co. (0.59%), Peregrine Capital Management LLC (0.16%), American Capital Management Inc. (0.13%), Bank of Montreal Can (0.05%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%). 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.

CSGP stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Riverbridge Partners LLC, State of Alaska Department of Revenue and American Capital Management Inc.. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Francis Carchedi, John W Hill, Matthew Linnington, Michael R Klein and Scott T Wheeler. View Insider Buying and Selling for CoStar Group.

CSGP stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Bank of Montreal Can, IFM Investors Pty Ltd, Nwam LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund and Peregrine Capital Management 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, Scottrade, Fidelity and Charles Schwab.

One share of CSGP stock can currently be purchased for approximately $426.32.

CoStar Group has a market capitalization of $15.45 billion and generates $965.23 million in revenue each year. The technology company earns $122.69 million in net income (profit) each year or $3.87 on an earnings per share basis. CoStar Group employs 3,711 workers across the globe.

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.