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

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

CoStar Group Inc (NASDAQ:CSGP) announced its quarterly earnings data on Tuesday, February, 26th. The technology company reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.27. The technology company had revenue of $315.57 million for the quarter, compared to the consensus estimate of $310.19 million. CoStar Group had a net margin of 20.00% and a return on equity of 9.30%. CoStar Group's quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the company posted $1.25 earnings per share. View CoStar Group's Earnings History.

CoStar Group is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for CoStar Group.

CoStar Group will be holding an earnings conference call on Tuesday, April 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301096.

CoStar Group updated its FY19 earnings guidance on Tuesday, February, 26th. The company provided EPS guidance of $9.80-10.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.79. The company issued revenue guidance of $1.37-1.38 billion, compared to the consensus revenue estimate of $1.38 billion.CoStar Group also updated its FY 2019 guidance to $9.80-10.00 EPS.

8 brokerages have issued 12 month target prices for CoStar Group's stock. Their predictions range from $380.00 to $512.00. On average, they expect CoStar Group's stock price to reach $464.25 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for CoStar Group.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CoStar Group.

News coverage about CSGP stock has been trending neutral on Sunday, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CoStar Group earned a daily sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Some companies that are related to CoStar Group include Fidelity National Information Servcs (FIS), NetEase (NTES), Worldpay (WP), eBay (EBAY), Pinduoduo (PDD), Ctrip.Com International (CTRP), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Msci (MSCI), Total System Services (TSS), LYFT (LYFT), Broadridge Financial Solutions (BR) and Akamai Technologies (AKAM).

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Mcdonald's (MCD), Thermo Fisher Scientific (TMO), Adobe (ADBE), Align Technology (ALGN), Home Depot (HD), Honeywell International (HON), Cisco Systems (CSCO), Alibaba Group (BABA), Oracle (ORCL) and Marijuana Company Of America (MCOA).

CoStar Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.76%), Peregrine Capital Management LLC (0.17%), Strs Ohio (0.13%), Gateway Investment Advisers LLC (0.06%), Spence Asset Management (0.06%) and Conestoga Capital Advisors LLC (0.03%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, 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 Riverbridge Partners LLC, Conestoga Capital Advisors LLC, Altman Advisors Inc., First Hawaiian Bank, State of Alaska Department of Revenue, Strs Ohio and Oakbrook Investments LLC. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, Matthew Linnington, Michael R Klein and Scott T Wheeler. View Insider Buying and Selling for CoStar Group.

CSGP stock was bought by a variety of institutional investors in the last quarter, including Spence Asset Management, Virtu Financial LLC, Sciencast Management LP, Bfsg LLC, Peregrine Capital Management LLC, Summit Creek Advisors LLC, Wedbush Securities Inc. and EFG Asset Management Americas Corp.. 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, Scottrade, Fidelity and Charles Schwab.

One share of CSGP stock can currently be purchased for approximately $481.72.

CoStar Group has a market capitalization of $17.56 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.

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]