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

$580.99
-2.19 (-0.38 %)
(As of 03/30/2020 08:10 AM ET)
Today's Range
$552.80
Now: $580.99
$597.12
50-Day Range
$523.37
MA: $664.68
$740.12
52-Week Range
$456.20
Now: $580.99
$746.70
Volume264,422 shs
Average Volume365,997 shs
Market Capitalization$21.29 billion
P/E Ratio67.56
Dividend YieldN/A
Beta1.21
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 properties and land. It also provides CoStar COMPS Professional that covers comparable commercial real estate sales information; 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; CoStar Advertising to market a space for lease or a property for sale; CoStar Private Sale Network, which provides 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; CoStar Risk Analytics, a commercial real estate risk management tool; CoStar Brokerage Applications; CoStar Investment Analysis Request, a business intelligence software; and CoStar Investment Analysis Portfolio Maximizer, a real estate portfolio management software. Further, it provides apartment marketing sites, such as 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 has a strategic relationship with Buxton Company. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:CSGP
CUSIP22160N10
Phone202-346-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.40 billion
Cash Flow$12.81 per share
Book Value$92.96 per share

Profitability

Net Income$314.96 million

Miscellaneous

Employees4,337
Market Cap$21.29 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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CoStar Group (NASDAQ:CSGP) Frequently Asked Questions

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

CoStar Group's stock was trading at $651.35 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CSGP stock has decreased by 10.8% and is now trading at $580.99. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CoStar Group?

11 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 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CoStar Group.

When is CoStar Group's next earnings date?

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

How were CoStar Group's earnings last quarter?

CoStar Group Inc (NASDAQ:CSGP) issued its earnings results on Tuesday, February, 25th. The technology company reported $2.82 earnings per share for the quarter, beating analysts' consensus estimates of $2.62 by $0.20. The technology company earned $374.73 million during the quarter, compared to the consensus estimate of $364.28 million. CoStar Group had a net margin of 22.50% and a return on equity of 10.25%. The company's quarterly revenue was up 18.7% compared to the same quarter last year. During the same period last year, the company posted $2.81 earnings per share. View CoStar Group's earnings history.

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

CoStar Group issued an update on its FY20 earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of $10.20 to $10.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $10.37. The company issued revenue guidance of $1.650 billion to $1.665 billion, compared to the consensus revenue estimate of $1.65 billion.

What price target have analysts set for CSGP?

11 Wall Street analysts have issued 1-year price objectives for CoStar Group's stock. Their forecasts range from $550.00 to $840.00. On average, they anticipate CoStar Group's stock price to reach $715.18 in the next year. This suggests a possible upside of 23.1% from the stock's current price. View analysts' price targets for CoStar Group.

Has CoStar Group been receiving favorable news coverage?

Headlines about CSGP stock have trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media 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 -1.0 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutCoStar Group.

Are investors shorting CoStar Group?

CoStar Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 661,700 shares, an increase of 26.6% from the February 27th total of 522,700 shares. Based on an average trading volume of 294,900 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.8% of the company's shares are short sold. View CoStar Group's Current Options Chain.

Who are some of CoStar Group's key 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 Adobe (ADBE), Align Technology (ALGN), Netflix (NFLX), Enterprise Products Partners (EPD), Mastercard (MA), Lululemon Athletica (LULU), NVIDIA (NVDA), Vuzix (VUZI), salesforce.com (CRM) and Mcdonald's (MCD).

Who are CoStar Group's key executives?

CoStar Group's management team includes the following 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)

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 a variety of retail and institutional investors. Top institutional shareholders include Bamco Inc. NY (6.20%), Janus Henderson Group PLC (4.63%), Sands Capital Management LLC (3.76%), Franklin Resources Inc. (2.38%), Franklin Resources Inc. (2.38%) and State Street Corp (2.12%). 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.

Which major investors are selling CoStar Group stock?

CSGP stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bamco Inc. NY, Prudential Financial Inc., Alliancebernstein L.P., Columbus Circle Investors, Russell Investments Group Ltd., Sands Capital Management LLC, and Bank of America Corp DE. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, John W Hill, Laura Cox Kaplan, Matthew Linnington, and Scott T Wheeler. View insider buying and selling activity 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 Norges Bank, Massachusetts Financial Services Co. MA, Janus Henderson Group PLC, LMR Partners LLP, Scout Investments Inc., Fred Alger Management LLC, Franklin Resources Inc., and Franklin Resources Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is CoStar Group's stock price today?

One share of CSGP stock can currently be purchased for approximately $580.99.

How big of a company is CoStar Group?

CoStar Group has a market capitalization of $21.29 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. View additional information about CoStar Group.

What is CoStar Group's official website?

The official website for CoStar Group is http://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]


MarketBeat Community Rating for CoStar Group (NASDAQ CSGP)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  549 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  848
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.
This page was last updated on 3/30/2020 by MarketBeat.com Staff

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