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

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

CoStar Group Inc (NASDAQ:CSGP) posted its quarterly earnings data on Tuesday, July, 23rd. The technology company reported $1.95 EPS for the quarter, topping the consensus estimate of $1.73 by $0.22. The technology company had revenue of $343.76 million for the quarter, compared to analyst estimates of $336.71 million. CoStar Group had a net margin of 22.48% and a return on equity of 10.42%. CoStar Group's quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 earnings per share. View CoStar Group's Earnings History.

CoStar Group is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for CoStar Group.

CoStar Group updated its FY19 earnings guidance on Tuesday, July, 23rd. The company provided EPS guidance of $10.00-10.14 for the period, compared to the Thomson Reuters consensus estimate of $10.06. The company issued revenue guidance of $1.382-1.390 billion, compared to the consensus revenue estimate of $1.38 billion.

9 brokers have issued 12-month price objectives for CoStar Group's shares. Their forecasts range from $512.00 to $680.00. On average, they expect CoStar Group's share price to reach $621.5556 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. View Analyst Price Targets for CoStar Group.

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

Media coverage about CSGP stock has trended negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CoStar Group earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for CoStar Group.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Adobe (ADBE), Mcdonald's (MCD), Alibaba Group (BABA), Home Depot (HD), Honeywell International (HON), Thermo Fisher Scientific (TMO), Lululemon Athletica (LULU), NVIDIA (NVDA), Johnson & Johnson (JNJ) and Vuzix (VUZI).

CoStar Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.66%), Vanguard Group Inc. (8.82%), Price T Rowe Associates Inc. MD (6.71%), Bamco Inc. NY (6.61%), Janus Henderson Group PLC (5.68%) and JPMorgan Chase & Co. (2.27%). 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 William Blair Investment Management LLC, Mackenzie Financial Corp, TimesSquare Capital Management LLC, Waddell & Reed Financial Inc., Bank of New York Mellon Corp, Marshall Wace North America L.P., Janus Henderson Group PLC and Bamco Inc. NY. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, John W Hill, Matthew Linnington 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 BlackRock Inc., Nuveen Asset Management LLC, JPMorgan Chase & Co., AQR Capital Management LLC, Baillie Gifford & Co., CIBC Private Wealth Group LLC, Bank of America Corp DE and First Trust Advisors LP. 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 $627.49.

CoStar Group has a market capitalization of $22.93 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]