NASDAQ:CSGP - CoStar Group Stock Price, News, & Analysis

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

CoStar Group Inc (NASDAQ:CSGP) released its quarterly earnings results on Tuesday, July, 24th. The technology company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.35. The technology company earned $229.90 million during the quarter, compared to the consensus estimate of $293.55 million. CoStar Group had a return on equity of 7.25% and a net margin of 16.27%. The business's revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 EPS. 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 (EPS) guidance of $7.75-7.95 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued twelve-month target prices for CoStar Group's shares. Their predictions range from $350.00 to $490.00. On average, they expect CoStar Group's stock price to reach $434.60 in the next year. 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 coverage about CSGP stock has been trending somewhat negative recently, Accern Sentiment Analysis reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CoStar Group earned a media and rumor sentiment score of -0.01 on Accern's scale. They also gave media coverage about the technology company an impact score of 45.15 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for CoStar Group.

CoStar Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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.