CoStar Group, Inc provides information, analytics, and online marketplaces to the commercial real estate industry in the United States and the United Kingdom. The company offers CoStar Property Professional service that offers inventory of office, industrial, retail, and multifamily properties and land. It also provides CoStar COMPS Professional that covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStar Lease Comps, a solution to capture, manage, and maintain lease data; CoStar Lease Analysis, a workflow tool; CoStar Advertising to market a space for lease or a property for sale; CoStar Private Sale Network, which provides custom-designed and branded Websites; and CoStar and CoStar Go CoStar mobile apps.
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Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone202-346-6500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.19 billion
Profitability
Miscellaneous
Employees3,705
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable
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) released its earnings results on Tuesday, July, 23rd. The technology company reported $1.95 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.73 by $0.22. The technology company earned $343.76 million during the quarter, compared to the consensus estimate of $336.71 million. CoStar Group had a net margin of 22.48% and a return on equity of 10.42%. The company's revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 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 FY19 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share (EPS) guidance of $10.00-10.14 for the period, compared to the Thomson Reuters consensus EPS 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.
What price target have analysts set for CSGP?
9 analysts have issued 1-year target prices for CoStar Group's stock. Their forecasts range from $512.00 to $680.00. On average, they expect CoStar Group's stock price to reach $621.5556 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for CoStar Group.
What is the consensus analysts' recommendation 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.
Has CoStar Group been receiving favorable news coverage?
News coverage about CSGP stock has trended positive recently, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CoStar Group earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for CoStar Group.
Who are some of CoStar Group's key competitors?
Some companies that are related to CoStar Group include Booking (BKNG), Fidelity National Information Servcs (FIS), Worldpay (WP), Pinduoduo (PDD), eBay (EBAY), NetEase (NTES), Mercadolibre (MELI), First Data (FDC), FleetCor Technologies (FLT), Global Payments (GPN), Total System Services (TSS), Msci (MSCI), Ctrip.Com International (CTRP), LYFT (LYFT) and Broadridge Financial Solutions (BR).
What other stocks do shareholders of CoStar Group own?
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 55)
- Mr. Scott T. Wheeler, Chief Financial Officer (Age 55)
- Mr. Matthew F. W. Linnington, Exec. VP of Sales (Age 50)
- Ms. Lisa C. Ruggles, Sr. VP of Portfolio Research (Age 52)
- Mr. Frank A. Simuro, Chief Technology Officer (Age 52)
Who are CoStar Group's major shareholders?
CoStar Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.66%), BlackRock Inc. (9.66%), Vanguard Group Inc. (8.82%), Price T Rowe Associates Inc. MD (6.71%), Bamco Inc. NY (6.61%) and Janus Henderson Group PLC (5.68%). 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 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.
Which major investors are buying CoStar Group stock?
CSGP stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, JPMorgan Chase & Co., AQR Capital Management LLC, Baillie Gifford & Co., CIBC Private Wealth Group LLC and Bank of America Corp DE. 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 $607.08.
How big of a company is CoStar Group?
CoStar Group has a market capitalization of $22.19 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.
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 or via email at [email protected]
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.
