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
Current SymbolNASDAQ:CSGP
Previous Symbol
CUSIP22160N10
Phone202-346-6500
Debt
Debt-to-Equity RatioN/A
Current Ratio7.68
Quick Ratio7.68
Price-To-Earnings
Trailing P/E Ratio92.37
Forward P/E Ratio50.14
P/E Growth2.99
Sales & Book Value
Annual Sales$965.23 million
Price / Sales13.49
Cash Flow$5.4188 per share
Price / Cash Flow65.97
Book Value$73.35 per share
Price / Book4.87
Profitability
EPS (Most Recent Fiscal Year)$3.87
Net Income$122.69 million
Net Margins17.61%
Return on Equity7.63%
Return on Assets6.97%
Miscellaneous
Employees3,711
Outstanding Shares36,420,000
Market Cap$13.02 billion
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) announced its earnings results on Tuesday, October, 23rd. The technology company reported $2.16 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.08. The technology company had revenue of $305.53 million for the quarter, compared to analyst estimates of $305.99 million. CoStar Group had a net margin of 17.61% and a return on equity of 7.63%. The company's revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.41 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 fourth quarter earnings guidance on Tuesday, October, 23rd. The company provided EPS guidance of $2.48-2.56 for the period, compared to the Thomson Reuters consensus estimate of $2.51. The company issued revenue guidance of $307-313 million, compared to the consensus revenue estimate of $313.54 million.CoStar Group also updated its FY 2018 guidance to $7.95-8.03 EPS.
What price target have analysts set for CSGP?
8 brokers have issued 12 month target prices for CoStar Group's stock. Their forecasts range from $380.00 to $500.00. On average, they expect CoStar Group's stock price to reach $457.75 in the next year. This suggests a possible upside of 28.0% from the stock's current price. View Analyst Price Targets for CoStar Group.
What is the consensus analysts' recommendation 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.
Has CoStar Group been receiving favorable news coverage?
Headlines about CSGP stock have trended somewhat positive on Monday, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog 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 coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are some of CoStar Group's key competitors?
Some companies that are related to CoStar Group include Fidelity National Information Servcs (FIS), NetEase (NTES), eBay (EBAY), Pinduoduo (PDD), Worldpay (WP), FleetCor Technologies (FLT), Global Payments (GPN), First Data (FDC), Total System Services (TSS), Ctrip.Com International (CTRP), Mercadolibre (MELI), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM) and Alliance Data Systems (ADS).
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. Matthew F. W. Linnington, Exec. VP of Sales (Age 49)
- Ms. Lisa C. Ruggles, Sr. VP of Global Research (Age 51)
- Mr. Frank A. Simuro, Chief Technology Officer (Age 51)
Who are CoStar Group's major shareholders?
CoStar Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (8.37%), BlackRock Inc. (7.85%), Janus Henderson Group PLC (7.09%), Bamco Inc. NY (6.78%), William Blair Investment Management LLC (2.73%) and Franklin Resources Inc. (2.60%). 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 FMR LLC, William Blair Investment Management LLC, Mitsubishi UFJ Trust & Banking Corp, Alliancebernstein L.P., Franklin Resources Inc., Federated Investors Inc. PA, Putnam Investments LLC and Disciplined Growth Investors Inc. MN. 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.
Which major investors are buying CoStar Group stock?
CSGP stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Citadel Advisors LLC, Rehmann Capital Advisory Group, Select Equity Group L.P., Morgan Stanley, Marshall Wace North America L.P., BlackRock Inc. and Massachusetts Financial Services Co. MA. 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 $357.48.
How big of a company is CoStar Group?
CoStar Group has a market capitalization of $13.02 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.
