CoStar Group, Inc. provides information, analytics, and online marketplaces to the commercial real estate industry in the United States and the United Kingdom. The company offers CoStar Property Professional service that provides inventory of office, industrial, retail, and multifamily properties and land. It also provides CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStar Lease Comps, an integrated solution that captures, manages, and maintains lease data; CoStar Lease Analysis, a workflow tool; CoStar Advertising to market a space for lease or a property for sale; CoStar Private Sale Network, which provides clients with custom-designed and branded Websites; and CoStar and CoStar Go CoStar mobile apps. In addition, the company offers CoStar Real Estate Manager, a real estate and asset management, and lease accounting software solution; CoStar Risk Analytics, a commercial real estate risk management tool; CoStar Brokerage Applications; CoStar Investment Analysis Request, a business intelligence software solution; and CoStar Investment Analysis Portfolio Maximizer, a real estate portfolio management software solution. Further, it provides apartment marketing sites, including Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, WestsideRentals.com, and Cozy.co; LoopNet Premium Lister and LoopNet Power Listings for commercial real estate professionals; LoopLink, an online real estate marketing and database services suite; Listing Manager, an online listing tool; Realla, a commercial property listings and data management platform; LandsofAmerica, LandAndFarm, and LandWatch online marketplaces for rural land for sale; and BizBuySell and BizQuest online marketplaces for operating businesses for sale. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone202-346-6500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.19 billion
Profitability
Miscellaneous
Employees3,705
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable
CoStar Group (NASDAQ:CSGP) Frequently Asked Questions
What is CoStar Group's stock symbol?
CoStar Group trades on the NASDAQ under the ticker symbol "CSGP."
How were CoStar Group's earnings last quarter?
CoStar Group Inc (NASDAQ:CSGP) released its quarterly earnings results on Tuesday, February, 26th. The technology company reported $2.81 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.53 by $0.28. The technology company earned $315.57 million during the quarter, compared to the consensus estimate of $310.19 million. CoStar Group had a return on equity of 9.30% and a net margin of 20.00%. The business's quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.25 EPS. View CoStar Group's Earnings History.
When is CoStar Group's next earnings date?
What guidance has CoStar Group issued on next quarter's earnings?
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 EPS 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.
What price target have analysts set for CSGP?
8 brokerages have issued 1-year price targets for CoStar Group's stock. Their forecasts range from $380.00 to $512.00. On average, they expect CoStar Group's stock price to reach $464.25 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for CoStar Group.
What is the consensus analysts' recommendation 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.
Has CoStar Group been receiving favorable news coverage?
Headlines about CSGP stock have been trending somewhat positive on Saturday, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CoStar Group earned a news impact score of 1.6 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the next several days.
Who are some of CoStar Group's key competitors?
Some companies that are related to CoStar Group include Fidelity National Information Servcs (FIS), Worldpay (WP), eBay (EBAY), NetEase (NTES), Pinduoduo (PDD), First Data (FDC), Mercadolibre (MELI), Ctrip.Com International (CTRP), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), Msci (MSCI), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR) and Nielsen (NLSN).
What other stocks do shareholders of CoStar Group own?
Who are CoStar Group's key executives?
CoStar Group's management team includes the folowing people:
- Mr. Andrew C. Florance, Co-Founder, CEO, Pres & Director (Age 55)
- Mr. Scott T. Wheeler, Chief Financial Officer (Age 55)
- Mr. Matthew F. W. Linnington, Exec. VP of Sales (Age 50)
- Ms. Lisa C. Ruggles, Sr. VP of Portfolio Research (Age 52)
- Mr. Frank A. Simuro, Chief Technology Officer (Age 52)
Who are CoStar Group's major shareholders?
CoStar Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.41%), American Century Companies Inc. (1.32%), Mackenzie Financial Corp (1.16%), Bank of New York Mellon Corp (1.16%), Geode Capital Management LLC (0.92%) and Baillie Gifford & Co. (0.88%). 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.
Which major investors are selling CoStar Group stock?
CSGP stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, First Trust Advisors LP, Two Sigma Investments LP, Millennium Management LLC, Bank of New York Mellon Corp, TD Asset Management Inc., Riverbridge Partners LLC and Canada Pension Plan Investment Board. 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.
Which major investors are buying CoStar Group stock?
CSGP stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, American Century Companies Inc., Mackenzie Financial Corp, BlackRock Inc., FMR LLC, Baillie Gifford & Co., APG Asset Management N.V. and CIBC Private Wealth Group LLC. View Insider Buying and Selling for CoStar Group.
How do I buy shares of 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.
What is CoStar Group's stock price today?
One share of CSGP stock can currently be purchased for approximately $465.08.
How big of a company is CoStar Group?
CoStar Group has a market capitalization of $16.95 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.
What is CoStar Group's official website?
How can I contact CoStar Group?
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.
MarketBeat Community Rating for CoStar Group (NASDAQ CSGP)
MarketBeat's community ratings are surveys of what our community members think about CoStar Group and other stocks. Vote "Outperform" if you believe CSGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
