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 results on Tuesday, February, 26th. The technology company reported $2.56 EPS for the quarter, beating the Zacks' consensus estimate of $2.29 by $0.27. The technology company earned $315.57 million during the quarter, compared to analyst estimates 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 in the previous year, the business posted $1.25 EPS. 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 earnings per share (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 twelve-month price objectives for CoStar Group's shares. Their forecasts range from $380.00 to $512.00. On average, they anticipate CoStar Group's stock price to reach $464.25 in the next year. This suggests that the stock has a possible downside of 4.7%. 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.

Headlines about CSGP stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CoStar Group earned a news impact score of 1.7 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock'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 shareholders include Riverbridge Partners LLC (0.76%), Columbus Circle Investors (0.24%), Peregrine Capital Management LLC (0.17%), Strs Ohio (0.13%), Gateway Investment Advisers LLC (0.06%) and Spence Asset Management (0.06%). 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 Columbus Circle Investors, 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 acquired 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 $487.10.

CoStar Group has a market capitalization of $17.76 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]