NASDAQ:CSGP

CoStar Group Stock Forecast, Price & News

$86.95
-2.07 (-2.33 %)
(As of 07/28/2021 12:00 AM ET)
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Today's Range
$80.00
$87.26
50-Day Range
$8.28
$89.97
52-Week Range
$74.31
$95.28
Volume6.84 million shs
Average Volume2.79 million shs
Market Capitalization$34.34 billion
P/E Ratio148.13
Dividend YieldN/A
Beta0.87
30 days | 90 days | 365 days | Advanced Chart
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CoStar Group logo

About CoStar Group

CoStar Group, Inc. provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. It offers CoStar Property Professional that provides inventory of office, industrial, retail, and multifamily, and student housing properties and land; CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information. The company also provides CoStar Lease Comps, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis, a workflow tool; CoStar Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate and asset management, and lease accounting software; and CoStar Risk Analytics and CoStar Investment Analysis that provides market research, consulting and analysis, portfolio and debt analysis, and management and reporting services, as well as STAR Report that offers benchmarking and analytics services. In addition, it offers apartment marketing sites, such as Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Westside Rentals, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica, LandAndFarm, and LandWatch for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.

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MarketRank

Overall MarketRank

1.79 out of 5 stars

Computer And Technology Sector

391st out of 1,640 stocks

Business Services, Not Elsewhere Classified Industry

63rd out of 213 stocks

Analyst Opinion: 1.5Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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CoStar Group (NASDAQ:CSGP) Frequently Asked Questions

Is CoStar Group a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CoStar Group stock.
View analyst ratings for CoStar Group
or view top-rated stocks.

What stocks does MarketBeat like better than CoStar Group?

Wall Street analysts have given CoStar Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CoStar Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CoStar Group?

CoStar Group saw a increase in short interest in July. As of July 15th, there was short interest totaling 5,520,000 shares, an increase of 22.1% from the June 30th total of 4,520,000 shares. Based on an average daily volume of 2,190,000 shares, the short-interest ratio is presently 2.5 days.
View CoStar Group's Short Interest
.

When is CoStar Group's next earnings date?

CoStar Group is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for CoStar Group
.

How were CoStar Group's earnings last quarter?

CoStar Group, Inc. (NASDAQ:CSGP) posted its earnings results on Monday, July, 26th. The technology company reported $0.26 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.03. The technology company had revenue of $480.33 million for the quarter, compared to the consensus estimate of $469.88 million. CoStar Group had a net margin of 13.25% and a trailing twelve-month return on equity of 6.68%. The firm's quarterly revenue was up 20.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.53 earnings per share.
View CoStar Group's earnings history
.

How has CoStar Group's stock price been impacted by COVID-19?

CoStar Group's stock was trading at $6.5135 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CSGP stock has increased by 1,234.9% and is now trading at $86.95.
View which stocks have been most impacted by COVID-19
.

When did CoStar Group's stock split? How did CoStar Group's stock split work?

CoStar Group shares split on the morning of Monday, June 28th 2021. The 10-1 split was announced on Monday, June 7th 2021. The newly created shares were issued to shareholders after the market closes on Friday, June 25th 2021. An investor that had 100 shares of CoStar Group 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 FY21 earnings guidance on Tuesday, July, 27th. The company provided EPS guidance of $1.04-1.06 for the period, compared to the Thomson Reuters consensus estimate of $1.13. The company issued revenue guidance of $1.94-1.95 billion, compared to the consensus revenue estimate of $1.95 billion.

What price target have analysts set for CSGP?

9 brokers have issued 1-year price objectives for CoStar Group's shares. Their forecasts range from $8.10 to $98.00. On average, they expect CoStar Group's stock price to reach $18.30 in the next twelve months. This suggests that the stock has a possible downside of 78.9%.
View analysts' price targets for CoStar Group
or view top-rated stocks among Wall Street analysts.

Who are CoStar Group's key executives?

CoStar Group's management team includes the following people:
  • Mr. Andrew C. Florance, Founder, Director, Pres & CEO (Age 57, Pay $2.81M) (LinkedIn Profile)
  • Mr. Scott T. Wheeler, Chief Financial Officer (Age 57, Pay $1.19M) (LinkedIn Profile)
  • Mr. Frederick G. Saint, Pres of Marketplaces (Age 55, Pay $1.28M) (LinkedIn Profile)
  • Ms. Lisa C. Ruggles, Sr. VP of Global Analytics, Research & News (Age 54, Pay $1.08M)
  • Mr. Frank A. Simuro, Chief Technology Officer (Age 54)
  • Mr. Jason Butler, Chief Information Officer
  • Mr. William Arthur Warmington Jr., VP of Investor Relations
  • Ms. Jaye S. Campbell, Gen. Counsel & Sec. (Age 39)
  • Ms. Jeannette Koonce, Chief Compliance Officer
  • Mr. Timothy J. Trainor, Communications Director

What is Andrew C. Florance's approval rating as CoStar Group's CEO?

826 employees have rated CoStar Group CEO Andrew C. Florance on Glassdoor.com. Andrew C. Florance has an approval rating of 60% among CoStar Group's employees. This puts Andrew C. Florance in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of CoStar Group's key competitors?

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.com (CRM), The 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 retail and institutional investors. Top institutional shareholders include TCW Group Inc. (0.08%), Spence Asset Management (0.04%), Scout Investments Inc. (0.03%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%) and EFG Asset Management Americas Corp. (0.01%). Company insiders that own CoStar Group stock include Andrew C Florance, Andrew C Florance, Christopher J Nassetta, Frederick G Saint, Laura Cox Kaplan, Lisa Ruggles, Matthew Linnington and Scott T Wheeler.
View institutional ownership trends for CoStar Group
.

Which institutional investors are buying CoStar Group stock?

CSGP stock was bought by a variety of institutional investors in the last quarter, including TCW Group Inc., Spence Asset Management, Scout Investments Inc., State of Alaska Department of Revenue, IFM Investors Pty Ltd, EFG Asset Management Americas Corp., Aurora Investment Managers LLC., and DAVENPORT & Co LLC.
View insider buying and selling activity for CoStar Group
or or view top insider-buying stocks.

How do I buy shares of 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 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 $86.95.

How much money does CoStar Group make?

CoStar Group has a market capitalization of $34.34 billion and generates $1.66 billion in revenue each year. The technology company earns $227.13 million in net income (profit) each year or $0.88 on an earnings per share basis.

How many employees does CoStar Group have?

CoStar Group employs 4,752 workers across the globe.

When was CoStar Group founded?

CoStar Group was founded in 1987.

What is CoStar Group's official website?

The official website for CoStar Group is www.costargroup.com.

Where are CoStar Group's headquarters?

CoStar Group is headquartered at 1331 L STREET NW, WASHINGTON DC, 20005.

How can I contact CoStar Group?

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]


This page was last updated on 7/28/2021 by MarketBeat.com Staff
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