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

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$465.08 -8.61 (-1.82 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$465.08
Today's Range$464.41 - $473.10
52-Week Range$315.85 - $484.92
Volume165,329 shs
Average Volume243,665 shs
Market Capitalization$16.95 billion
P/E Ratio62.85
Dividend YieldN/A
Beta1.46
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 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; CoStar Lease Comps, an integrated solution that captures, manages, and maintains 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 clients with 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 solution; CoStar Risk Analytics, a commercial real estate risk management tool; CoStar Brokerage Applications; CoStar Investment Analysis Request, a business intelligence software solution; and CoStar Investment Analysis Portfolio Maximizer, a real estate portfolio management software solution. Further, it provides apartment marketing sites, including 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 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$1.19 billion
Cash Flow$10.6890 per share
Book Value$82.97 per share

Profitability

Net Income$238.33 million

Miscellaneous

Employees3,705
Market Cap$16.95 billion
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable

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) posted its earnings results on Tuesday, February, 26th. The technology company reported $2.81 EPS for the quarter, topping the consensus estimate of $2.53 by $0.28. The technology company had revenue of $315.57 million for the quarter, compared to analyst estimates of $310.19 million. CoStar Group had a return on equity of 9.30% and a net margin of 20.00%. CoStar Group's revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period last year, the company earned $1.25 earnings per share. View CoStar Group's Earnings History.

When is CoStar Group's next earnings date?

CoStar Group is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for CoStar Group.

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

CoStar Group issued an update on its FY19 earnings guidance on Tuesday, February, 26th. The company provided earnings per share guidance of $9.80-10.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.79. The company issued revenue guidance of $1.37-1.38 billion, compared to the consensus revenue estimate of $1.38 billion.CoStar Group also updated its FY 2019 guidance to $9.80-10.00 EPS.

What price target have analysts set for CSGP?

8 brokerages have issued twelve-month price objectives for CoStar Group's stock. Their forecasts range from $380.00 to $512.00. On average, they expect CoStar Group's share price to reach $464.25 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for CoStar Group.

What is the consensus analysts' recommendation for CoStar Group?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 1 sell rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CoStar Group.

Has CoStar Group been receiving favorable news coverage?

Press coverage about CSGP stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog 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 news impact score of 0.6 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

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 Home Depot (HD), Thermo Fisher Scientific (TMO), Alibaba Group (BABA), Mcdonald's (MCD), Raytheon (RTN), NVIDIA (NVDA), Union Pacific (UNP), Adobe (ADBE), Netflix (NFLX) and Honeywell International (HON).

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 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)

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. (8.41%), American Century Companies Inc. (1.32%), Mackenzie Financial Corp (1.16%), Bank of New York Mellon Corp (1.16%), Geode Capital Management LLC (0.92%) and Baillie Gifford & Co. (0.88%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Francis Carchedi, John W Hill, 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 Lord Abbett & CO. LLC, First Trust Advisors LP, Two Sigma Investments LP, Millennium Management LLC, Bank of New York Mellon Corp, TD Asset Management Inc., Riverbridge Partners LLC and Canada Pension Plan Investment Board. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Christopher J Nassetta, 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 Norges Bank, American Century Companies Inc., Mackenzie Financial Corp, BlackRock Inc., FMR LLC, Baillie Gifford & Co., APG Asset Management N.V. and CIBC Private Wealth Group 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 $465.08.

How big of a company is CoStar Group?

CoStar Group has a market capitalization of $16.95 billion and generates $1.19 billion in revenue each year. The technology company earns $238.33 million in net income (profit) each year or $7.40 on an earnings per share basis. CoStar Group employs 3,705 workers across the globe.

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.


MarketBeat Community Rating for CoStar Group (NASDAQ CSGP)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  443 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  667
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 3/23/2019 by MarketBeat.com Staff

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