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 data on Tuesday, July, 23rd. The technology company reported $1.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.73 by $0.22. The technology company earned $343.76 million during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the prior year, the company 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 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.

9 equities research analysts have issued 12 month target prices for CoStar Group's shares. Their forecasts range from $512.00 to $680.00. On average, they anticipate CoStar Group's share price to reach $621.5556 in the next year. This suggests a possible upside of 9.0% 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 positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing 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 closest to five being the most favorable. CoStar Group earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for CoStar Group.

Some companies that are related to CoStar Group include 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), Broadridge Financial Solutions (BR) and LYFT (LYFT).

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), Lululemon Athletica (LULU), Oracle (ORCL), Shopify (SHOP), Marijuana Company Of America (MCOA), Align Technology (ALGN), Dicks Sporting Goods (DKS) and Mastercard (MA).

CoStar Group's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 $570.11.

CoStar Group has a market capitalization of $20.84 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]