CoStar Group - CSGP Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSGP shares.
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10 equities research analysts have issued 12 month price targets for CoStar Group's shares. Their CSGP share price forecasts range from $75.00 to $97.00. On average, they anticipate the company's stock price to reach $86.33 in the next year. This suggests a possible upside of 14.8% from the stock's current price.
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CoStar Group's stock was trading at $79.03 at the beginning of the year. Since then, CSGP shares have decreased by 4.8% and is now trading at $75.21.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
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CoStar Group will be holding an earnings conference call on Tuesday, October 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

CoStar Group, Inc. (NASDAQ:CSGP) announced its quarterly earnings data on Tuesday, July, 26th. The technology company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.17 by $0.07. The technology company had revenue of $536.31 million for the quarter, compared to the consensus estimate of $532 million. CoStar Group had a net margin of 16.03% and a trailing twelve-month return on equity of 7.31%. During the same period in the prior year, the company earned $0.22 EPS.

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 issued shares were distributed to shareholders after the market closes 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.

CoStar Group updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $1.09-$1.13 for the period, compared to the consensus earnings per share estimate of $1.02. The company issued revenue guidance of $2.17 billion-$2.18 billion, compared to the consensus revenue estimate of $2.17 billion.

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.

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).

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

CoStar Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.01%), First Hawaiian Bank (0.00%) and American National Bank (0.00%). Insiders that own company stock include Andrew C Florance, Andrew C Florance, Christopher J Nassetta, Frederick G Saint, John W Hill, Laura Cox Kaplan, Lisa Ruggles, Matthew Linnington, Michael J Desmarais, Scott T Wheeler and Scott T Wheeler.
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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.
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One share of CSGP stock can currently be purchased for approximately $75.21.

CoStar Group (NASDAQ:CSGP) has a market capitalization of $29.78 billion and generates $1.94 billion in revenue each year. The technology company earns $292.56 million in net income (profit) each year or $0.84 on an earnings per share basis.

The company employs 4,742 workers across the globe.

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.