CoStar Group Stock Price, News & Analysis (NASDAQ:CSGP)

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

CoStar Group Inc (NASDAQ:CSGP) announced its quarterly earnings results on Tuesday, July, 23rd. The technology company reported $1.95 earnings per share (EPS) for the quarter, beating the Zacks' 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 business's revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 EPS. 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 issued an update on 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 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 Wall Street analysts have issued 12-month price targets 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 a possible upside of 4.5% from the stock's current price. 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 stories about CSGP stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CoStar Group earned a news impact score of -1.3 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate 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), Pinduoduo (PDD), NetEase (NTES), eBay (EBAY), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), Msci (MSCI), Ctrip.Com International (CTRP), Akamai Technologies (AKAM) and Broadridge Financial Solutions (BR).

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Adobe (ADBE), Vuzix (VUZI), Enterprise Products Partners (EPD), Oracle (ORCL), Marijuana Company Of America (MCOA), Align Technology (ALGN), Lululemon Athletica (LULU), Dicks Sporting Goods (DKS), Mastercard (MA) and Mcdonald's (MCD).

CoStar Group's stock is owned by a variety of of retail and institutional 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.

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., 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of CSGP stock can currently be purchased for approximately $595.00.

CoStar Group has a market capitalization of $21.75 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]