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 earnings results on Tuesday, July, 24th. The technology company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.35. The technology company earned $229.90 million during the quarter, compared to analyst estimates of $293.55 million. CoStar Group had a net margin of 16.27% and a return on equity of 7.25%. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.86 earnings per share. View CoStar Group's Earnings History.

CoStar Group is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for CoStar Group.

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.

10 brokers have issued twelve-month price objectives for CoStar Group's stock. Their predictions range from $350.00 to $490.00. On average, they anticipate CoStar Group's stock price to reach $434.60 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets 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.

Some companies that are related to CoStar Group include Fidelity National Information Servcs (FIS), eBay (EBAY), NetEase (NTES), First Data (FDC), Ctrip.Com International (CTRP), Pinduoduo (PDD), FleetCor Technologies (FLT), Global Payments (GPN), Total System Services (TSS), Mercadolibre (MELI), Worldpay (WP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM) and Alliance Data Systems (ADS).

Media headlines about CSGP stock have trended positive on Sunday, according to Accern Sentiment. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CoStar Group earned a news impact score of 0.26 on Accern's scale. They also assigned news coverage about the technology company an impact score of 47.62 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for CoStar Group.

CoStar Group's stock is owned by many different of retail and institutional investors. Top institutional investors 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 America Corp DE (0.86%). 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 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.

CSGP stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Bank of New York Mellon Corp, Putnam Investments LLC, FMR LLC, Select Equity Group L.P., Bank of America Corp DE and Massachusetts Financial Services Co. MA. 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 $430.44.

CoStar Group has a market capitalization of $15.60 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.

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.