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) announced its quarterly earnings data on Monday, April, 23rd. The technology company reported $1.65 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.37 by $0.28. The technology company earned $274 million during the quarter, compared to analyst estimates of $270.56 million. CoStar Group had a return on equity of 6.97% and a net margin of 15.09%. CoStar Group's quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.05 earnings per share. 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 EPS guidance of $7.44 -7.64 for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued twelve-month price objectives for CoStar Group's shares. Their predictions range from $306.00 to $460.00. On average, they anticipate CoStar Group's share price to reach $391.80 in the next twelve months. This suggests that the stock has a possible downside of 7.8%. 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 Fidelity National Information Servcs (FIS), NetEase (NTES), eBay (EBAY), Ctrip.Com International (CTRP), First Data (FDC), FleetCor Technologies (FLT), Global Payments (GPN), Mercadolibre (MELI), Total System Services (TSS), Worldpay (WP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS) and Zillow Group Inc Class A (ZG).

Media coverage about CSGP stock has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CoStar Group earned a coverage optimism score of 0.00 on Accern's scale. They also gave press coverage about the technology company an impact score of 44.73 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

CoStar Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.83%), Baillie Gifford & Co. (0.59%), Chicago Capital LLC (0.20%), Peregrine Capital Management LLC (0.16%), American Capital Management Inc. (0.13%) and Fred Alger Management Inc. (0.08%). 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 Conestoga Capital Advisors LLC, Summit Creek Advisors LLC, Riverbridge Partners LLC, Amalgamated Bank, Oakbrook Investments 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 bought by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Baillie Gifford & Co., Fred Alger Management Inc., 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 $425.00.

CoStar Group has a market capitalization of $15.41 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.