Top-Rated Stocks NASDAQ:CSGP CoStar Group - CSGP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CoStar Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $68.85 +0.70 (+1.03%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$68.04▼$69.0250-Day Range$65.85▼$80.0152-Week Range$53.51▼$85.37Volume2.08 million shsAverage Volume2.04 million shsMarket Capitalization$28.01 billionP/E Ratio74.03Dividend YieldN/APrice Target$86.25 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CoStar Group MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside25.3% Upside$86.25 Price TargetShort InterestHealthy1.22% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.21Based on 4 Articles This WeekInsider TradingSelling Shares$394,016 Sold Last QuarterProj. Earnings Growth27.96%From $0.93 to $1.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.10 out of 5 starsComputer And Technology Sector9th out of 618 stocksBusiness Services, Not Elsewhere Classified Industry3rd out of 91 stocks 4.4 Analyst's Opinion Consensus RatingCoStar Group has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $86.25, CoStar Group has a forecasted upside of 25.3% from its current price of $68.85.Amount of Analyst CoverageCoStar Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.22% of the outstanding shares of CoStar Group have been sold short.Short Interest Ratio / Days to CoverCoStar Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CoStar Group has recently increased by 4.20%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldCoStar Group does not currently pay a dividend.Dividend GrowthCoStar Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CSGP. Previous Next 2.9 News and Social Media Coverage News SentimentCoStar Group has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CoStar Group this week, compared to 4 articles on an average week.Search InterestOnly 8 people have searched for CSGP on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.MarketBeat Follows5 people have added CoStar Group to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CoStar Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $394,016.00 in company stock.Percentage Held by InsidersOnly 1.42% of the stock of CoStar Group is held by insiders.Percentage Held by Institutions97.80% of the stock of CoStar Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CoStar Group are expected to grow by 27.96% in the coming year, from $0.93 to $1.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CoStar Group is 74.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.45.Price to Earnings Ratio vs. SectorThe P/E ratio of CoStar Group is 74.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 326.93.Price to Earnings Growth RatioCoStar Group has a PEG Ratio of 3.67. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCoStar Group has a P/B Ratio of 4.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CoStar Group (NASDAQ:CSGP) StockCoStar Group, Inc. engages in providing online real estate marketplaces, information, and analytics in the commercial and residential property markets. It operates through the North America and International geographical segments. The North America segment includes the Unites States and Canada. The International refers to Europe, Asia-Pacific, and Latin America. The company was founded by Andrew C. Florance and Michael R. Klein in 1987 and is headquartered in Washington, DC.Read More Receive CSGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CoStar Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CSGP Stock News HeadlinesMarch 31, 2023 | finance.yahoo.comCoStar Group Announces Winners of 2023 CoStar Impact AwardsMarch 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: CoStar Group (CSGP) and Schrodinger (SDGR)April 1, 2023 | Vantage Point (Ad)What’s At Stake In April is ShockingThe Fed will be meeting on a topic that could change trading forever, and the decision could come as soon as the end of April. But by taking the smartest approach now, you can help shield your assets and work toward your trading goals. Time, as always, is of the essence. Click on this link to see what you need to do right away. March 23, 2023 | benzinga.comA Look Into CoStar Gr Inc's Price Over EarningsMarch 9, 2023 | finance.yahoo.comIs Now The Time To Put CoStar Group (NASDAQ:CSGP) On Your Watchlist?February 24, 2023 | seekingalpha.comCoStar Group, Inc. (CSGP) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | msn.comCoStar defeats real estate rival's antitrust claims in U.S. courtFebruary 23, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Q2 Holdings (QTWO), CoStar Group (CSGP) and Altium (OtherALMFF)April 1, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast.February 23, 2023 | finance.yahoo.comCoStar Group, Inc. (NASDAQ:CSGP) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | baystreet.caCoStar Drops on GuidanceFebruary 23, 2023 | msn.comCoStar (CSGP) Q4 Earnings Top Estimates, Revenues Rise Y/YFebruary 23, 2023 | finance.yahoo.comCoStar Group Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 23, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: CoStar Group (CSGP) and Q2 Holdings (QTWO)February 22, 2023 | seekingalpha.comCoStar Group stock tumbles on poor sales guidance, but RBC is bullishFebruary 22, 2023 | fool.comWhy CoStar Group Stock Dropped 5.2% This MorningFebruary 22, 2023 | msn.comMedifast, Transocean, CoStar Group And Other Big Stocks Moving Lower In Wednesday's Pre-Market SessionFebruary 22, 2023 | finance.yahoo.com5 big earnings reports: Palo Alto soars, Coinbase beats | Pro RecapFebruary 22, 2023 | finance.yahoo.comBaidu’s shares rise on Chinese search engine’s results; CoStar stock slumps as Realtor.com talks endFebruary 21, 2023 | finance.yahoo.comCoStar Group 2022 Revenue Increased 12% Year-over-Year and Full Year Net New Bookings Grew 41% to a Record $305 MillionFebruary 21, 2023 | finance.yahoo.comCoStar Group (CSGP) Beats Q4 Earnings and Revenue EstimatesFebruary 21, 2023 | finance.yahoo.comCoStar Group CEO Says Firm Not Acquiring Move Real-Estate Business From News CorpFebruary 21, 2023 | finance.yahoo.comD.C.'s CoStar not acquiring Realtor.comFebruary 21, 2023 | finance.yahoo.comCoStar Group Publishes 2023 Environmental, Social, and Governance ReportFebruary 17, 2023 | finance.yahoo.comCoStar Group (CSGP) to Post Q4 Earnings: What's in Store?February 16, 2023 | finance.yahoo.comGrid Dynamics (GDYN) Earnings Expected to Grow: Should You Buy?February 14, 2023 | finance.yahoo.comEarnings Preview: CoStar Group (CSGP) Q4 Earnings Expected to DeclineSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CSGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CoStar Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CSGP Company Calendar Last Earnings10/25/2021Today4/01/2023Next Earnings (Confirmed)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryInternet Software & Services SectorComputer and Technology Current SymbolNASDAQ:CSGP CUSIP22160N10 CIK1057352 Webwww.costargroup.com Phone(202) 346-6500Fax877-739-0486Employees5,653Year Founded1987Price Target and Rating Average Stock Price Forecast$86.25 High Stock Price Forecast$100.00 Low Stock Price Forecast$68.00 Forecasted Upside/Downside+25.3%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.93 Trailing P/E Ratio74.03 Forward P/E Ratio74.03 P/E Growth3.67Net Income$369.45 million Net Margins16.93% Pretax Margin22.29% Return on Equity7.15% Return on Assets5.75% Debt Debt-to-Equity Ratio0.14 Current Ratio13.92 Quick Ratio13.92 Sales & Book Value Annual Sales$2.18 billion Price / Sales12.83 Cash Flow$1.66 per share Price / Cash Flow41.60 Book Value$16.89 per share Price / Book4.08Miscellaneous Outstanding Shares406,770,000Free Float400,996,000Market Cap$28.01 billion OptionableOptionable Beta0.88 Social Links Key ExecutivesAndrew C. FlorancePresident, Chief Executive Officer & DirectorScott T. WheelerChief Financial & Accounting OfficerFrank A. SimuroChief Technology OfficerJason ButlerChief Information OfficerCorey DurantVice President-ResearchKey CompetitorsAkamai TechnologiesNASDAQ:AKAMDoorDashNYSE:DASHFair IsaacNYSE:FICOEtsyNASDAQ:ETSYMSCINYSE:MSCIView All CompetitorsInsiders & InstitutionsMetropolitan Life Insurance Co. NYSold 587 shares on 3/31/2023Ownership: 0.006%Luts & Greenleigh Group Inc.Bought 2,784 shares on 3/30/2023Ownership: 0.001%Neo Ivy Capital ManagementBought 9,390 shares on 3/27/2023Ownership: 0.002%Victory Capital Management Inc.Bought 422,304 shares on 3/10/2023Ownership: 0.268%Michael J DesmaraisSold 5,600 sharesTotal: $394,016.00 ($70.36/share)View All Insider TransactionsView All Institutional Transactions CSGP Stock - Frequently Asked Questions Should I buy or sell CoStar Group stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSGP shares. View CSGP analyst ratings or view top-rated stocks. What is CoStar Group's stock price forecast for 2023? 12 brokerages have issued 1-year price targets for CoStar Group's shares. Their CSGP share price forecasts range from $68.00 to $100.00. On average, they anticipate the company's stock price to reach $86.25 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price. View analysts price targets for CSGP or view top-rated stocks among Wall Street analysts. How have CSGP shares performed in 2023? CoStar Group's stock was trading at $77.28 on January 1st, 2023. Since then, CSGP shares have decreased by 10.9% and is now trading at $68.85. View the best growth stocks for 2023 here. When is CoStar Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. View our CSGP earnings forecast. How were CoStar Group's earnings last quarter? CoStar Group, Inc. (NASDAQ:CSGP) announced its quarterly earnings results on Monday, October, 25th. The technology company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.02. The technology company had revenue of $499.32 million for the quarter, compared to analysts' expectations of $497.97 million. CoStar Group had a net margin of 16.93% and a trailing twelve-month return on equity of 7.15%. The company's revenue was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 earnings per share. What ETFs hold CoStar Group's stock? ETFs with the largest weight of CoStar Group (NASDAQ:CSGP) stock in their portfolio include Sterling Capital Focus Equity ETF (LCG), Global X E-Commerce ETF (EBIZ), Franklin Disruptive Commerce ETF (BUYZ), iShares U.S. Real Estate ETF (IYR), First Trust Multi-Manager Large Growth ETF (MMLG), First Trust S-Network E-Commerce ETF (ISHP), Corbett Road Tactical Opportunity ETF (OPPX) and Hartford Large Cap Growth ETF (HFGO). When did CoStar Group's stock split? CoStar Group's stock split on the morning of Thursday, June 17th 2021. The 10-1 split was announced on Monday, June 7th 2021. The newly minted shares were distributed to shareholders after the closing bell on Monday, June 28th 2021. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split. What guidance has CoStar Group issued on next quarter's earnings? CoStar Group issued an update on its first quarter 2023 earnings guidance on Tuesday, February, 21st. The company provided EPS guidance of $0.25-$0.26 for the period, compared to the consensus EPS estimate of $0.36. The company issued revenue guidance of $575.00 million-$580.00 million, compared to the consensus revenue estimate of $585.62 million. What is Andrew C. Florance's approval rating as CoStar Group's CEO? 1,147 employees have rated CoStar Group Chief Executive Officer Andrew C. Florance on Glassdoor.com. Andrew C. Florance has an approval rating of 60% among the company's employees. This puts Andrew C. Florance in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 44.0% of employees surveyed would recommend working at CoStar Group to a friend. What other stocks do shareholders of CoStar Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include NVIDIA (NVDA), Adobe (ADBE), Alibaba Group (BABA), Salesforce (CRM), Home Depot (HD), Johnson & Johnson (JNJ), PayPal (PYPL), QUALCOMM (QCOM), Visa (V) and UnitedHealth Group (UNH). What is CoStar Group's stock symbol? CoStar Group trades on the NASDAQ under the ticker symbol "CSGP." Who are CoStar Group's major shareholders? CoStar Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (4.84%), Bamco Inc. NY (4.70%), Baillie Gifford & Co. (3.12%), Sands Capital Management LLC (2.45%), Geode Capital Management LLC (2.29%) and Franklin Resources Inc. (2.25%). Insiders that own company stock include Andrew C Florance, Andrew C Florance, Frederick G Saint, John W Hill, Laura Cox Kaplan, Lisa Ruggles, Matthew Linnington, Michael J Desmarais, Scott T Wheeler and Scott T Wheeler. View institutional ownership trends. How do I buy shares of CoStar Group? Shares of CSGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CoStar Group's stock price today? One share of CSGP stock can currently be purchased for approximately $68.85. How much money does CoStar Group make? CoStar Group (NASDAQ:CSGP) has a market capitalization of $28.01 billion and generates $2.18 billion in revenue each year. The technology company earns $369.45 million in net income (profit) each year or $0.93 on an earnings per share basis. How many employees does CoStar Group have? The company employs 5,653 workers across the globe. Does CoStar Group have any subsidiaries? The following companies are subsidiares of CoStar Group: Homesnap.Read More How can I contact CoStar Group? CoStar Group's mailing address is 1331 L STREET NW, WASHINGTON DC, 20005. The official website for the company is www.costargroup.com. The technology company can be reached via phone at (202) 346-6500, via email at sspray@costar.com, or via fax at 877-739-0486. This page (NASDAQ:CSGP) was last updated on 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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