NASDAQ:CSGP

CoStar Group Stock Forecast, Price & News

Top-Rated Stocks

$896.05

-15.91 (-1.74 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$894.42

Now: $896.05▼

$922.26

50-Day Range

$848.39

MA: $892.14▼

$939.50

52-Week Range

$500.24

Now: $896.05▼

$951.18

Volume296,521 shs

Average Volume224,544 shs

Market Capitalization$35.32 billion

P/E Ratio120.28

Dividend YieldN/A

Beta0.97

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 offers inventory of office, industrial, retail, and multifamily, and student housing properties and land. It also provides CoStar COMPS Professional that covers comparable commercial real estate sales information; CoStar Market Analytics to view and report on aggregated market and submarket trends; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStar Lease Comps, a solution to capture, manage, and maintain lease data; CoStar Lease Analysis, a workflow tool; and CoStar Public Record, a searchable database of commercially-zoned parcels. In addition, the company offers CoStar Real Estate Manager, a real estate and asset management, and lease accounting software; CoStar Risk Analytics, a commercial real estate risk management tool; and CoStar Investment Analysis that provides market research, consulting and analysis, portfolio and debt analysis, and management and reporting services, as well as STAR Report that offers benchmarking and analytics for the hospitality industry. Further, it provides apartment marketing sites, such as Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, WestsideRentals.com, AFTER55.com, CorporateHousing.com and ForRentUniversity.com; LoopNet Premium Lister and LoopNet Signature Ads for commercial real estate professionals; Realla, a commercial property listings and data management platform; LandsofAmerica, LandAndFarm, and LandWatch online marketplaces for rural land for sale; and BizBuySell, BizQuest, FindaFranchise online marketplaces for operating businesses for sale. CoStar Group, Inc. was founded in 1987 and is headquartered in Washington, the District of Columbia.

MarketRank^™

Overall MarketRank^™

1.65 out of 5 stars

Computer And Technology Sector

204th out of 1,509 stocks

Business Services, Not Elsewhere Classified Industry

36th out of 192 stocks

1.5 Analyst's Opinion

Consensus Rating
CoStar Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $910.09, CoStar Group has a forecasted upside of 1.6% from its current price of $896.05.
Amount of Analyst Coverage
CoStar Group has only been the subject of 2 research reports in the past 90 days.

3.2 Community Rank

Outperform Votes
CoStar Group has received 576 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CoStar Group has received 315 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CoStar Group has received 64.65% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
CoStar Group does not currently pay a dividend.
Dividend Growth
CoStar Group does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CoStar Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.67% of the stock of CoStar Group is held by insiders.
Percentage Held by Institutions
95.06% of the stock of CoStar Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for CoStar Group are expected to grow by 20.14% in the coming year, from $8.39 to $10.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CoStar Group is 120.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of CoStar Group is 120.28, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 84.95.
Price to Book Value per Share Ratio
CoStar Group has a P/B Ratio of 9.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Business services, not elsewhere classified

Sub-IndustryInternet Software & Services

SectorComputer and Technology

Current SymbolNASDAQ:CSGP

Previous Symbol

CUSIP22160N10

CIK1057352

Webwww.costargroup.com

Phone202-346-6500

Employees4,337

Debt

Debt-to-Equity Ratio0.19

Current Ratio16.35

Quick Ratio16.35

Price-To-Earnings

Trailing P/E Ratio120.28

Forward P/E Ratio106.80

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.40 billion

Price / Sales25.23

Cash Flow$13.45 per share

Price / Cash Flow66.63

Book Value$92.96 per share

Price / Book9.64

Profitability

EPS (Most Recent Fiscal Year)$9.12

Net Income$314.96 million

Net Margins17.57%

Return on Equity7.58%

Return on Assets6.05%

Miscellaneous

Outstanding Shares39,418,000

Market Cap$35.32 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$896.05

-15.91 (-1.74 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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CoStar Group (NASDAQ:CSGP) Frequently Asked Questions

How has CoStar Group's stock been impacted by Coronavirus (COVID-19)?

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 (WHO). Since then, CSGP stock has increased by 37.6% and is now trading at $896.05.
View which stocks have been most impacted by COVID-19.

Is CoStar Group a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CoStar Group stock.
View analyst ratings for CoStar Group or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CoStar Group?

Wall Street analysts have given CoStar Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CoStar Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as CoStar Group's CEO?

1,448 employees have rated CoStar Group CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among CoStar Group's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is CoStar Group's next earnings date?

CoStar Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for CoStar Group.

How were CoStar Group's earnings last quarter?

CoStar Group, Inc. (NASDAQ:CSGP) released its quarterly earnings data on Tuesday, October, 27th. The technology company reported $2.26 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.80 by $0.46. The technology company earned $425.62 million during the quarter, compared to the consensus estimate of $417.13 million. CoStar Group had a return on equity of 7.58% and a net margin of 17.57%.
View CoStar Group's earnings history.

What guidance has CoStar Group issued on next quarter's earnings?

CoStar Group issued an update on its fourth quarter earnings guidance on Tuesday, October, 27th. The company provided EPS guidance of $2.34-2.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.51. The company issued revenue guidance of $429-435 million, compared to the consensus revenue estimate of $431.31 million.

What price target have analysts set for CSGP?

10 analysts have issued twelve-month price objectives for CoStar Group's stock. Their forecasts range from $810.00 to $1,000.00. On average, they expect CoStar Group's share price to reach $910.09 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price.
View analysts' price targets for CoStar Group or view Wall Street analyst' top-rated stocks.

Are investors shorting CoStar Group?

CoStar Group saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 340,100 shares, a decrease of 16.5% from the December 15th total of 407,100 shares. Based on an average daily trading volume, of 166,800 shares, the days-to-cover ratio is currently 2.0 days.
View CoStar Group's Short Interest.

Who are some of CoStar Group's key competitors?

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

What other stocks do shareholders of CoStar Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include NVIDIA (NVDA), Adobe (ADBE), Alibaba Group (BABA), salesforce.com (CRM), The Home Depot (HD), Johnson & Johnson (JNJ), PayPal (PYPL), QUALCOMM (QCOM), Visa (V) and UnitedHealth Group (UNH).

Who are CoStar Group's key executives?

CoStar Group's management team includes the following people:

Mr. Andrew C. Florance, Founder, Director, Pres & CEO (Age 57, Pay $2.49M)
Mr. Scott T. Wheeler, Chief Financial Officer (Age 57, Pay $1.07M)
Mr. Matthew F. W. Linnington, Exec. Officer (Age 52, Pay $587.85k)
Ms. Lisa C. Ruggles, Sr. VP of Global Analytics, Research & News (Age 54, Pay $937.64k)
Mr. Frank A. Simuro, Chief Technology Officer (Age 54)
Mr. Jason Butler, Chief Information Officer
Sarah Spray, VP of Investor Relations
Ms. Jaye S. Campbell, Gen. Counsel & Sec. (Age 40)
Ms. Jeannette Koonce, Chief Compliance Officer
Mr. Timothy J. Trainor, Communications Director

What is CoStar Group's stock symbol?

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

Who are CoStar Group's major shareholders?

CoStar Group's stock is owned by many different retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.60%), Pelham Capital Ltd. (0.51%), Peregrine Capital Management LLC (0.13%), Scout Investments Inc. (0.06%), Columbus Circle Investors (0.05%) and Spence Asset Management (0.04%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, John W Hill, Laura Cox Kaplan, Lisa Ruggles, Matthew Linnington and Scott T Wheeler.
View institutional ownership trends for CoStar Group.

Which institutional investors are selling CoStar Group stock?

CSGP stock was sold by a variety of institutional investors in the last quarter, including Pelham Capital Ltd., Hexavest Inc., Peregrine Capital Management LLC, State of Alaska Department of Revenue, TrimTabs Asset Management LLC, Tributary Capital Management LLC, Diversified Trust Co, and Crossmark Global Holdings Inc.. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Lisa Ruggles, Matthew Linnington, and Scott T Wheeler.
View insider buying and selling activity for CoStar Group or view top insider-selling stocks.

Which institutional investors are buying CoStar Group stock?

CSGP stock was bought by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Scout Investments Inc., Columbus Circle Investors, OLD National Bancorp IN, Kestra Advisory Services LLC, Park Avenue Securities LLC, IFM Investors Pty Ltd, and Professional Financial Advisors LLC.
View insider buying and selling activity for CoStar Group or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is CoStar Group's stock price today?

One share of CSGP stock can currently be purchased for approximately $896.05.

How big of a company is CoStar Group?

CoStar Group has a market capitalization of $35.32 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.

What is CoStar Group's official website?

The official website for CoStar Group is www.costargroup.com.

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 or via email at [email protected]

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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