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

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

CoStar Group Inc (NASDAQ:CSGP) issued its earnings results on Tuesday, October, 22nd. The technology company reported $2.61 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.52 by $0.09. The technology company earned $352.81 million during the quarter, compared to the consensus estimate of $353.16 million. CoStar Group had a return on equity of 10.55% and a net margin of 23.17%. The firm's revenue for the quarter was up 15.5% on a year-over-year basis. During the same period in the previous year, the company posted $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 analysts have issued 12-month price targets for CoStar Group's shares. Their forecasts range from $550.00 to $840.00. On average, they anticipate CoStar Group's stock price to reach $680.55 in the next twelve months. This suggests that the stock has a possible downside of 1.9%. 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.

Media stories about CSGP stock have been trending very negative on Tuesday, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CoStar Group earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for CoStar Group.

CoStar Group saw a increase in short interest in 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 currently 1.8 days. Approximately 1.5% of the shares of the stock are sold short. 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), LogMeIn (LOGM), Envestnet (ENV), ANGI Homeservices (ANGI), Cornerstone OnDemand (CSOD), Cimpress (CMPR), Stamps.com (STMP) 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), Netflix (NFLX), Vuzix (VUZI), Enterprise Products Partners (EPD), Mcdonald's (MCD), Dicks Sporting Goods (DKS), Mastercard (MA) and Oracle (ORCL).

CoStar Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bamco Inc. NY (6.20%), Janus Henderson Group PLC (4.63%), Sands Capital Management LLC (3.76%), Franklin Resources Inc. (2.38%), State Street Corp (2.12%) and Massachusetts Financial Services Co. MA (1.16%). 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 FMR LLC, Bamco Inc. NY, Prudential Financial Inc., Alliancebernstein L.P., Columbus Circle Investors, Russell Investments Group Ltd., Sands Capital Management LLC and Bank of America Corp DE. 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 Massachusetts Financial Services Co. MA, Janus Henderson Group PLC, LMR Partners LLP, Scout Investments Inc., Fred Alger Management LLC, Franklin Resources Inc., Maplelane Capital LLC and TD Asset Management Inc.. 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 $693.83.

CoStar Group has a market capitalization of $25.42 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]