CoStar Group, Inc. provides information, analytics, and online marketplace to the commercial real estate industry in North America and internationally. 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; CoStarGo, an iPad and Android application; CoStar Lease Comps, an integrated solution that captures, manages, maintains, and analyzes lease data; CoStar Advertising to market a space for lease or a property for sale; and CoStar Portfolio Strategy to meet the research needs of commercial real estate owners, investors, lenders, and government regulators. In addition, the company offers CoStar Investment Analysis Portfolio Maximizer, CoStar Investment Analysis Request, CoStar Real Estate Manager Corporate Edition, and CoStar Real Estate Manager Retail Edition that are real estate management software solutions; CoStar Private Sale Network, which provides clients with custom-designed and branded Websites; and CoStar Brokerage Applications. Further, it offers LoopNet Premium Lister and LoopNet Power Listings for commercial real estate professionals and other customers to market their listings; LoopNet Premium Searcher for members searching for commercial real estate; LoopLink, an online real estate marketing and database services suite; apartment marketing sites, including Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, WestsideRentals.com, and The Screening Pros; LandsofAmerica, LandAndFarm, and LandWatch that are online marketplaces for rural land for sale; and BizBuySell and BizQuest that are 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
SymbolNASDAQ:CSGP
CUSIP22160N10
Phone202-346-6500
Debt
Debt-to-Equity RatioN/A
Current Ratio6.23
Quick Ratio6.23
Price-To-Earnings
Trailing P/E Ratio107.26
Forward P/E Ratio62.61
P/E Growth3.73
Sales & Book Value
Annual Sales$965.23 million
Price / Sales15.65
Cash Flow$5.4253 per share
Price / Cash76.51
Book Value$73.35 per share
Price / Book5.66
Profitability
EPS (Most Recent Fiscal Year)$3.87
Net Income$122.69 million
Net Margins15.09%
Return on Equity6.97%
Return on Assets5.95%
Miscellaneous
Employees3,711
Outstanding Shares36,390,000
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 earnings results on Monday, April, 23rd. The technology company reported $1.65 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.37 by $0.28. The technology company had revenue of $274 million for the quarter, compared to analyst estimates of $270.56 million. CoStar Group had a return on equity of 6.97% and a net margin of 15.09%. The company's revenue was up 20.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 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 issued an update on its FY18 earnings guidance on Monday, April, 23rd. The company provided earnings per share (EPS) guidance of $7.44 -7.64 for the period, compared to the Thomson Reuters consensus estimate of $7.15. The company issued revenue guidance of $1.174 -1.190 billion, compared to the consensus revenue estimate of $1.17 billion.CoStar Group also updated its Q2 guidance to $1.25-1.34 EPS.
What price target have analysts set for CSGP?
10 brokers have issued 12 month price objectives for CoStar Group's shares. Their predictions range from $306.00 to $450.00. On average, they expect CoStar Group's share price to reach $385.80 in the next year. View Analyst Ratings for CoStar Group.
What are Wall Street analysts saying about CoStar Group stock?
Here are some recent quotes from research analysts about CoStar Group stock:
- 1. According to Zacks Investment Research, "CoStar Group, Inc. provides information services to the commercial real estate industry. Their wide array of digital service offerings includes a leasing marketplace, a selling marketplace, sales comparable information, decision support, contact management, tenant information, property marketing, and industry news. They have three assets that provide a unique foundation for this marketplace: comprehensive national databases; large research department; and large number of participating organizations. " (4/26/2018)
- 2. B. Riley analysts commented, "We look forward to hearing updates on the CoStar and LoopNet cross-sales efforts, Xceligent litigation efforts, updated thoughts on the pending ForRent acquisition and potential future acquisitions." (10/26/2017)
Who are some of CoStar Group's key competitors?
Some companies that are related to CoStar Group include eBay (EBAY), Fidelity National Information Servcs (FIS), NetEase (NTES), Ctrip.Com International (CTRP), First Data (FDC), FleetCor Technologies (FLT), Global Payments (GPN), Total System Services (TSS), Msci (MSCI), Worldpay (WP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Mercadolibre (MELI), Alliance Data Systems (ADS) and Zillow Group Inc Class C (Z).
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 54)
- Mr. Scott T. Wheeler, CFO & Principal Accounting Officer (Age 54)
- Mr. Francis A. Carchedi, Exec. VP of Corp. Devel. (Age 60)
- Mr. Matthew F. W. Linnington, Exec. VP of Sales (Age 49)
- Mr. Frank A. Simuro, Chief Technology Officer (Age 51)
Has CoStar Group been receiving favorable news coverage?
News headlines about CSGP stock have trended somewhat negative this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CoStar Group earned a news impact score of -0.06 on Accern's scale. They also gave media coverage about the technology company an impact score of 44.13 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.
Who are CoStar Group's major shareholders?
CoStar Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.06%), Bamco Inc. NY (6.95%), Franklin Resources Inc. (2.53%), Winslow Capital Management LLC (1.75%), Bares Capital Management Inc. (1.71%) and Blair William & Co. IL (0.75%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, Matthew Linnington, Michael J Glosserman, 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 Bamco Inc. NY, Blair William & Co. IL, Echo Street Capital Management LLC, Russell Investments Group Ltd., Federated Investors Inc. PA, Prudential Financial Inc., Winslow Capital Management LLC and Westfield Capital Management Co. LP. 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.
Which major investors are buying CoStar Group stock?
CSGP stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Franklin Resources Inc., Summit Trail Advisors LLC, Legal & General Group Plc, Lord Abbett & CO. LLC, Chicago Capital LLC, Baillie Gifford & Co. and Citadel Advisors 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 $415.09.
How big of a company is CoStar Group?
CoStar Group has a market capitalization of $15.09 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.
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 (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.
