CoStar Group, Inc. provides information, analytics, and online marketplace to the commercial real estate industry in North America and internationally. The company offers CoStar Property Professional service that provides inventory of office, industrial, retail, and multifamily properties and land. It also provides CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStarGo, an iPad and Android application; CoStar Lease Comps, an integrated solution that captures, manages, maintains, and analyzes lease data; CoStar Advertising to market a space for lease or a property for sale; and CoStar Portfolio Strategy to meet the research needs of commercial real estate owners, investors, lenders, and government regulators. In addition, the company offers CoStar Investment Analysis Portfolio Maximizer, CoStar Investment Analysis Request, CoStar Real Estate Manager Corporate Edition, and CoStar Real Estate Manager Retail Edition that are real estate management software solutions; CoStar Private Sale Network, which provides clients with custom-designed and branded Websites; and CoStar Brokerage Applications. Further, it offers LoopNet Premium Lister and LoopNet Power Listings for commercial real estate professionals and other customers to market their listings; LoopNet Premium Searcher for members searching for commercial real estate; LoopLink, an online real estate marketing and database services suite; apartment marketing sites, including Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, WestsideRentals.com, and The Screening Pros; LandsofAmerica, LandAndFarm, and LandWatch that are online marketplaces for rural land for sale; and BizBuySell and BizQuest that are online marketplaces for operating businesses for sale. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
SymbolNASDAQ:CSGP
CUSIP22160N10
Phone202-346-6500
Debt
Debt-to-Equity RatioN/A
Current Ratio7.37
Quick Ratio7.37
Price-To-Earnings
Trailing P/E Ratio108.11
Forward P/E Ratio60.37
P/E Growth3.59
Sales & Book Value
Annual Sales$965.23 million
Price / Sales15.89
Cash Flow$5.4403 per share
Price / Cash77.45
Book Value$73.35 per share
Price / Book5.74
Profitability
EPS (Most Recent Fiscal Year)$3.87
Net Income$122.69 million
Net Margins16.27%
Return on Equity7.25%
Return on Assets6.42%
Miscellaneous
Employees3,711
Outstanding Shares36,390,000
Market Cap$15.27 billion
CoStar Group (NASDAQ:CSGP) Frequently Asked Questions
What is CoStar Group's stock symbol?
CoStar Group trades on the NASDAQ under the ticker symbol "CSGP."
How were CoStar Group's earnings last quarter?
CoStar Group Inc (NASDAQ:CSGP) issued its earnings results on Tuesday, July, 24th. The technology company reported $1.66 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.35. The technology company had revenue of $229.90 million for the quarter, compared to the consensus estimate of $293.55 million. CoStar Group had a return on equity of 7.25% and a net margin of 16.27%. The firm's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.86 EPS. View CoStar Group's Earnings History.
When is CoStar Group's next earnings date?
What guidance has CoStar Group issued on next quarter's earnings?
CoStar Group updated its FY18 earnings guidance on Tuesday, July, 24th. The company provided earnings per share guidance of $7.75-7.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.57. The company issued revenue guidance of $1.18-1.192 billion, compared to the consensus revenue estimate of $1.19 billion.CoStar Group also updated its Q3 guidance to $2.02-2.10 EPS.
What price target have analysts set for CSGP?
10 brokers have issued 12-month price objectives for CoStar Group's shares. Their forecasts range from $350.00 to $500.00. On average, they anticipate CoStar Group's share price to reach $437.10 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for CoStar Group.
What is the consensus analysts' recommendation for CoStar Group?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CoStar Group.
Who are some of CoStar Group's key competitors?
Some companies that are related to CoStar Group include Fidelity National Information Servcs (FIS), eBay (EBAY), Worldpay (WP), Pinduoduo (PDD), NetEase (NTES), First Data (FDC), Ctrip.Com International (CTRP), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), Msci (MSCI), Broadridge Financial Solutions (BR), Mercadolibre (MELI), Alliance Data Systems (ADS) and Akamai Technologies (AKAM).
Who are CoStar Group's key executives?
CoStar Group's management team includes the folowing people:
- Mr. Andrew C. Florance, Co-Founder, CEO, Pres & Director (Age 54)
- Mr. Scott T. Wheeler, Chief Financial Officer (Age 54)
- Mr. Francis A. Carchedi, Exec. VP of Corp. Devel. (Age 60)
- Mr. Matthew F. W. Linnington, Exec. VP of Sales (Age 49)
- Ms. Lisa C. Ruggles, Sr. VP of Global Research (Age 51)
Who are CoStar Group's major shareholders?
CoStar Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.75%), Janus Henderson Group PLC (7.08%), Winslow Capital Management LLC (1.41%), Waddell & Reed Financial Inc. (1.39%), Bank of New York Mellon Corp (1.22%) and Bank of New York Mellon Corp (1.22%). 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.
Which major investors are selling CoStar Group stock?
CSGP stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Winslow Capital Management LLC, Conestoga Capital Advisors LLC, Citadel Advisors LLC, Russell Investments Group Ltd., Renaissance Technologies LLC, Millennium Management LLC and Public Employees Retirement Association of Colorado. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Francis Carchedi, John W Hill, Matthew Linnington, Michael R Klein and Scott T Wheeler. View Insider Buying and Selling for CoStar Group.
Which major investors are buying CoStar Group stock?
CSGP stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Bank of New York Mellon Corp, Bank of New York Mellon Corp, Putnam Investments LLC, FMR LLC, FMR LLC and Select Equity Group L.P.. View Insider Buying and Selling for CoStar Group.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CoStar Group's stock price today?
One share of CSGP stock can currently be purchased for approximately $419.55.
How big of a company is CoStar Group?
CoStar Group has a market capitalization of $15.27 billion and generates $965.23 million in revenue each year. The technology company earns $122.69 million in net income (profit) each year or $3.87 on an earnings per share basis. CoStar Group employs 3,711 workers across the globe.
What is CoStar Group's official website?
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.
MarketBeat Community Rating for CoStar Group (NASDAQ CSGP)
MarketBeat's community ratings are surveys of what our community members think about CoStar Group and other stocks. Vote "Outperform" if you believe CSGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
