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

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

CoStar Group Inc (NASDAQ:CSGP) announced its earnings results on Tuesday, October, 22nd. The technology company reported $2.61 EPS for the quarter, beating the Zacks' consensus estimate of $2.52 by $0.09. The technology company had revenue of $352.81 million for the quarter, compared to analysts' expectations of $353.16 million. CoStar Group had a net margin of 23.17% and a return on equity of 10.55%. The company's quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.16 EPS. View CoStar Group's Earnings History.

CoStar Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for CoStar Group.

11 brokerages have issued 12-month price objectives for CoStar Group's stock. Their forecasts range from $550.00 to $750.00. On average, they expect CoStar Group's share price to reach $639.18 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for 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.

News stories about CSGP stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CoStar Group earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for CoStar Group.

CoStar Group saw a increase in short interest in December. As of December 31st, there was short interest totalling 539,500 shares, an increase of 82.0% from the December 15th total of 296,400 shares. Based on an average trading volume of 310,700 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.5% of the shares of the company are short sold. View CoStar Group's Current Options Chain.

Some companies that are related to CoStar Group include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Cornerstone OnDemand (CSOD), Cimpress (CMPR), LivePerson (LPSN) and Yelp (YELP).

Based on aggregate information from My MarketBeat watchlists, some companies that other CoStar Group investors own include Adobe (ADBE), Align Technology (ALGN), Lululemon Athletica (LULU), Vuzix (VUZI), Enterprise Products Partners (EPD), Mcdonald's (MCD), Netflix (NFLX), Dicks Sporting Goods (DKS), Oracle (ORCL) and Ulta Beauty (ULTA).

CoStar Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (0.69%), Peregrine Capital Management LLC (0.14%), Chicago Capital LLC (0.14%), Strs Ohio (0.13%), Scout Investments Inc. (0.13%) and Columbus Circle Investors (0.08%). 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 Columbus Circle Investors, Zurcher Kantonalbank Zurich Cantonalbank , Tocqueville Asset Management L.P., Gateway Investment Advisers LLC, Summit Creek Advisors LLC, Riverbridge Partners LLC, First Hawaiian Bank and Cerebellum GP LLC. 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 for CoStar Group.

CSGP stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Aurora Investment Managers LLC., Strs Ohio, AE Wealth Management LLC, Peregrine Capital Management LLC, Manchester Financial Inc., Fulton Breakefield Broenniman LLC and Townsend & Associates Inc. View Insider Buying and Selling 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 $650.65.

CoStar Group has a market capitalization of $23.83 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.View Additional Information About CoStar Group.

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