NASDAQ:CSGP - CoStar Group Stock Price, Forecast & News

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

CoStar Group Inc (NASDAQ:CSGP) released its quarterly earnings results on Tuesday, October, 22nd. The technology company reported $2.61 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.52 by $0.09. The technology company had revenue of $352.81 million for the quarter, compared to the consensus estimate of $353.16 million. CoStar Group had a net margin of 23.17% and a return on equity of 10.55%. CoStar Group's revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.16 earnings per share. View CoStar Group's Earnings History.

CoStar Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for CoStar Group.

11 brokerages have issued 12 month price targets for CoStar Group's stock. Their forecasts range from $550.00 to $750.00. On average, they expect CoStar Group's stock price to reach $639.18 in the next twelve months. This suggests that the stock has a possible downside of 2.0%. View Analyst Price Targets for CoStar Group.

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.

News articles about CSGP stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CoStar Group earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news 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 increase in short interest in the month of January. As of January 15th, there was short interest totalling 539,500 shares, an increase of 82.0% from the December 31st total of 296,400 shares. Based on an average daily volume of 301,400 shares, the short-interest ratio is presently 1.8 days. Approximately 1.5% of the company's shares are short sold. View CoStar Group's Current Options Chain.

Some companies that are related to CoStar Group include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Cornerstone OnDemand (CSOD), Cimpress (CMPR), LivePerson (LPSN) and Yelp (YELP).

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

CoStar Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (0.69%), California Public Employees Retirement System (0.23%), Peregrine Capital Management LLC (0.14%), Chicago Capital LLC (0.14%), Strs Ohio (0.13%) and Scout Investments Inc. (0.13%). 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 Columbus Circle Investors, Zurcher Kantonalbank Zurich Cantonalbank, Tocqueville Asset Management L.P., Gateway Investment Advisers LLC, Institute for Wealth Management LLC., Summit Creek Advisors LLC, Riverbridge Partners LLC and First Hawaiian Bank. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, John W Hill, Laura Cox Kaplan, Matthew Linnington 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 Scout Investments Inc., Aurora Investment Managers LLC., California Public Employees Retirement System, Strs Ohio, Arizona State Retirement System, AE Wealth Management LLC, Jag Capital Management LLC 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, Robinhood, Fidelity and Charles Schwab.

One share of CSGP stock can currently be purchased for approximately $652.48.

CoStar Group has a market capitalization of $23.90 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]