NASDAQ:CSGPCoStar Group Stock Price, Forecast & News

CoStar Group's stock was trading at $651.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CSGP stock has increased by 11.4% and is now trading at $725.84. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating, 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CoStar Group.

CoStar Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for CoStar Group.

CoStar Group will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CoStar Group Inc (NASDAQ:CSGP) released its quarterly earnings results on Tuesday, April, 28th. The technology company reported $2.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.27 by $0.17. The technology company had revenue of $392 million for the quarter, compared to analyst estimates of $387.43 million. CoStar Group had a return on equity of 9.84% and a net margin of 20.68%. The company's revenue for the quarter was up 19.5% on a year-over-year basis. During the same period last year, the business earned $2.53 earnings per share. View CoStar Group's earnings history.

CoStar Group issued an update on its second quarter earnings guidance on Tuesday, April, 28th. The company provided earnings per share (EPS) guidance of $2.02 to $2.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.92. The company issued revenue guidance of $387 million to $392 million, compared to the consensus revenue estimate of $396.32 million.

12 brokers have issued 1-year target prices for CoStar Group's shares. Their forecasts range from $601.00 to $850.00. On average, they anticipate CoStar Group's stock price to reach $739.75 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View analysts' price targets for CoStar Group.

Media stories about CSGP stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. CoStar Group earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about CoStar Group.

Some companies that are related to CoStar Group include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Stamps.com (STMP), LivePerson (LPSN), J2 Global (JCOM), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Adobe (ADBE), salesforce.com (CRM), Alibaba Group (BABA), Home Depot (HD), Honeywell International (HON), Johnson & Johnson (JNJ), Netflix (NFLX), NVIDIA (NVDA), Mastercard (MA) and UnitedHealth Group (UNH).

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

CoStar Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (0.62%), Envestnet Asset Management Inc. (0.11%), Spence Asset Management (0.04%), State of Alaska Department of Revenue (0.04%), IBM Retirement Fund (0.00%) and Paragon Advisors LLC (0.00%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, Laura Cox Kaplan, 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 Riverbridge Partners LLC, and State of Alaska Department of Revenue. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, Laura Cox Kaplan, Matthew Linnington, and Scott T Wheeler. View insider buying and selling activity for CoStar Group.

CSGP stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Paragon Advisors LLC, Spence Asset Management, Nelson Van Denburg & Campbell Wealth Management Group LLC, and IBM Retirement Fund. View insider buying and selling activity 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 $725.84.

CoStar Group has a market capitalization of $28.32 billion and generates $1.40 billion in revenue each year. The technology company earns $314.96 million in net income (profit) each year or $9.12 on an earnings per share basis. CoStar Group employs 4,337 workers across the globe.

The official website for CoStar Group is 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]