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
Stock Exchange NASDAQ
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 Ratio94.65
Forward P/E Ratio64.10
P/E Growth3.83
Sales & Book Value
Annual Sales$965.23 million
Price / Sales16.02
Cash Flow$5.4188 per share
Price / Cash78.43
Book Value$73.35 per share
Price / Book5.79
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
Market Cap$15,466.60
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 Monday, April, 23rd. The technology company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.28. The technology company earned $274 million during the quarter, compared to analysts' expectations of $270.56 million. CoStar Group had a return on equity of 6.97% and a net margin of 15.09%. The firm's revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter last year, the business 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 updated its FY18 earnings guidance on Monday, April, 23rd. The company provided earnings per share guidance of $7.44 -7.64 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokerages have issued twelve-month target prices for CoStar Group's stock. Their forecasts range from $306.00 to $460.00. On average, they anticipate CoStar Group's share price to reach $391.80 in the next year. This suggests that the stock has a possible downside of 7.8%. View Analyst Ratings for CoStar Group.
What is the consensus analysts' recommendation for CoStar Group?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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. " (6/26/2018)
- 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 Fidelity National Information Servcs (FIS), NetEase (NTES), eBay (EBAY), Ctrip.Com International (CTRP), First Data (FDC), FleetCor Technologies (FLT), Global Payments (GPN), Mercadolibre (MELI), Total System Services (TSS), Worldpay (WP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS) and CIELO S A/S (CIOXY).
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, Chief Financial 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)
- Ms. Lisa C. Ruggles, Sr. VP of Global Research (Age 51)
Has CoStar Group been receiving favorable news coverage?
News articles about CSGP stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CoStar Group earned a media sentiment score of 0.19 on Accern's scale. They also gave media coverage about the technology company an impact score of 45.16 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are CoStar Group's major shareholders?
CoStar Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (0.83%), Baillie Gifford & Co. (0.59%), Chicago Capital LLC (0.20%), Peregrine Capital Management LLC (0.16%), American Capital Management Inc. (0.13%) and Fred Alger Management Inc. (0.08%). 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 Conestoga Capital Advisors LLC, Summit Creek Advisors LLC, Riverbridge Partners LLC, Amalgamated Bank, Oakbrook Investments LLC, State of Alaska Department of Revenue and American Capital Management Inc.. 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 bought by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Baillie Gifford & Co., Fred Alger Management Inc., Bank of Montreal Can, IFM Investors Pty Ltd, Nwam LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund and Peregrine Capital Management 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 $425.00.
How big of a company is CoStar Group?
CoStar Group has a market capitalization of $15.47 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 (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.
