NASDAQ:CSGP

CoStar Group Stock Forecast, Price & News

$893.59

+22.23 (+2.55 %)

(As of 06/17/2021 12:00 AM ET)

Add

Compare

Today's Range

$866.54

▼

$897.07

50-Day Range

$810.81

▼

$936.80

52-Week Range

$662.04

▼

$952.76

Volume188,845 shs

Average Volume283,239 shs

Market Capitalization$35.29 billion

P/E Ratio152.23

Dividend YieldN/A

Beta0.88

30 days | 90 days | 365 days | Advanced Chart

Receive CSGP News and Ratings via Email

Sign-up to receive the latest news and ratings for CoStar Group and its competitors with MarketBeat's FREE daily newsletter.

About CoStar Group

CoStar Group, Inc. provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. It offers CoStar Property Professional that provides inventory of office, industrial, retail, and multifamily, and student housing properties and land; CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information. The company also provides CoStar Lease Comps, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis, a workflow tool; CoStar Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate and asset management, and lease accounting software; and CoStar Risk Analytics 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 services. In addition, it offers apartment marketing sites, such as Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Westside Rentals, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica, LandAndFarm, and LandWatch for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.

Has CoStar Group, Inc. (NASDAQ:CSGP) Stock's Recent Performance Got Anything to Do With Its Financial Health?
June 10, 2021 | finance.yahoo.com

CoStar Group Says In No Way Associated, Related Or Linked To Chinese Firm CoStar - Quick Facts
June 7, 2021 | nasdaq.com

CoStar Group, Inc. (NASDAQ: CSGP), the Washington, DC Based Provider of Commercial Real Estate Information, is in No Way Associated with Chinese Firm Costar Group Co. Ltd ...
June 7, 2021 | businesswire.com

CoStar Group, Inc. (NASDAQ: CSGP), the Washington, DC Based Provider of Commercial Real Estate Information, is in No Way Associated with Chinese Firm Costar Group Co. Ltd. (002189.SZ), a Chinese Company Facing a Ban on Stock Purchases by Americans
June 7, 2021 | finance.yahoo.com

CSGP Jun 2021 830.000 call
June 5, 2021 | uk.finance.yahoo.com

CSGP Jun 2021 1140.000 call
June 3, 2021 | uk.finance.yahoo.com

CSGP Jun 2021 880.000 call
June 2, 2021 | uk.finance.yahoo.com

Head-To-Head Review: Points International (NASDAQ:PCOM) and CoStar Group (NASDAQ:CSGP)
May 31, 2021 | americanbankingnews.com

CoStar Group Could Get Grounded in the Weeks Ahead
May 20, 2021 | finance.yahoo.com

These 4 Measures Indicate That CoStar Group (NASDAQ:CSGP) Is Using Debt Reasonably Well
May 15, 2021 | uk.finance.yahoo.com

See More Headlines

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
Employees4,752
Year Founded1987

Sales & Book Value

Annual Sales$1.66 billion
Price / Sales21.27
Cash Flow$13.45 per share
Price / Cash Flow66.43
Book Value$136.37 per share
Price / Book6.55

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares39,494,000
Market Cap$35.29 billion
Next Earnings Date7/27/2021 (Estimated)
OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

1.65 out of 5 stars

Computer And Technology Sector

291st out of 1,586 stocks

Business Services, Not Elsewhere Classified Industry

48th out of 204 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 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $941.27, CoStar Group has a forecasted upside of 5.3% from its current price of $893.59.
Amount of Analyst Coverage
CoStar Group has only been the subject of 3 research reports in the past 90 days.

3.2 Community Rank

Outperform Votes
CoStar Group has received 582 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CoStar Group has received 322 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CoStar Group has received 64.38% “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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,438,448.00 in company stock.
Percentage Held by Insiders
Only 1.36% 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 30.27% in the coming year, from $9.91 to $12.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CoStar Group is 152.23, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of CoStar Group is 152.23, 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 52.10.
Price to Earnings Growth Ratio
CoStar Group has a PEG Ratio of 4.39. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CoStar Group has a P/B Ratio of 6.55. 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

CoStar Group (NASDAQ:CSGP) Frequently Asked Questions

Is CoStar Group a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CoStar Group stock.
View analyst ratings for CoStar Group or view top-rated stocks.

What stocks does MarketBeat like better than CoStar Group?

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

When is CoStar Group's next earnings date?

CoStar Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for CoStar Group.

How were CoStar Group's earnings last quarter?

CoStar Group, Inc. (NASDAQ:CSGP) posted its quarterly earnings results on Monday, April, 26th. The technology company reported $2.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.40 by $0.35. The technology company had revenue of $457.70 million for the quarter, compared to analyst estimates of $453.75 million. CoStar Group had a trailing twelve-month return on equity of 6.68% and a net margin of 13.25%. During the same period in the prior year, the business posted $2.44 EPS.
View CoStar Group's earnings history.

How has CoStar Group's stock price 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 increased by 37.2% and is now trading at $893.59.
View which stocks have been most impacted by COVID-19.

When did CoStar Group's stock split? How did CoStar Group's stock split work?

CoStar Group's stock split before market open on Monday, June 28th 2021. The 10-1 split was announced on Monday, June 7th 2021. The newly created shares will be issued to shareholders after the market closes on Friday, June 25th 2021. An investor that had 100 shares of CoStar Group stock prior to the split would have 1,000 shares after the split.

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

CoStar Group issued an update on its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of 2.220-2.320 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.310. The company issued revenue guidance of $465 million-$470 million, compared to the consensus revenue estimate of $468.63 million.

What price target have analysts set for CSGP?

8 Wall Street analysts have issued twelve-month target prices for CoStar Group's shares. Their forecasts range from $810.00 to $1,100.00. On average, they expect CoStar Group's share price to reach $941.27 in the next year. This suggests a possible upside of 5.3% from the stock's current price.
View analysts' price targets for CoStar Group or view top-rated stocks among Wall Street analysts.

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 $2.81M)
Mr. Scott T. Wheeler, Chief Financial Officer (Age 57, Pay $1.19M)
Mr. Frederick G. Saint, Pres of Marketplaces (Age 55, Pay $1.28M)
Ms. Lisa C. Ruggles, Sr. VP of Global Analytics, Research & News (Age 54, Pay $1.08M)
Mr. Frank A. Simuro, Chief Technology Officer (Age 54)
Mr. Jason Butler, Chief Information Officer
Mr. William Arthur Warmington Jr., VP of Investor Relations
Ms. Jaye S. Campbell, Gen. Counsel & Sec. (Age 39) (LinkedIn Profile)
Ms. Jeannette Koonce, Chief Compliance Officer (LinkedIn Profile)
Mr. Timothy J. Trainor, Communications Director

What is Andrew C. Florance's approval rating as CoStar Group's CEO?

826 employees have rated CoStar Group CEO Andrew C. Florance on Glassdoor.com. Andrew C. Florance has an approval rating of 60% among CoStar Group's employees. This puts Andrew C. Florance in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of CoStar Group's key competitors?

Some companies that are related to CoStar Group include Facebook (FB), SEA (SE), Equinix (EQIX), Twitter (TWTR), eBay (EBAY), VeriSign (VRSN), Akamai Technologies (AKAM), Opendoor Technologies (OPEN), Angi (ANGI), J2 Global (JCOM), Envestnet (ENV), LivePerson (LPSN), Stamps.com (STMP), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD).
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).

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 Price T Rowe Associates Inc. MD (10.73%), BlackRock Inc. (7.73%), Bamco Inc. NY (4.91%), Janus Henderson Group PLC (3.81%), Baillie Gifford & Co. (2.91%) and Franklin Resources Inc. (2.66%). Company insiders that own CoStar Group stock include Andrew C Florance, Christopher J Nassetta, Frederick G Saint, 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 BlackRock Inc., JPMorgan Chase & Co., Price T Rowe Associates Inc. MD, Morgan Stanley, Zevenbergen Capital Investments LLC, CIBC Private Wealth Group LLC, AGF Investments Inc., and TimesSquare Capital Management LLC. Company insiders that have sold CoStar Group company stock in the last year include Andrew C Florance, Frederick G Saint, Laura Cox Kaplan, 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 purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Third Point LLC, Veritas Asset Management LLP, Janus Henderson Group PLC, Vulcan Value Partners LLC, Millennium Management LLC, Principal Financial Group Inc., and Fred Alger Management 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.
Compare Top Brokerages Here.

What is CoStar Group's stock price today?

One share of CSGP stock can currently be purchased for approximately $893.59.

How much money does CoStar Group make?

CoStar Group has a market capitalization of $35.29 billion and generates $1.66 billion in revenue each year. The technology company earns $227.13 million in net income (profit) each year or $8.80 on an earnings per share basis.

How many employees does CoStar Group have?

CoStar Group employs 4,752 workers across the globe.

When was CoStar Group founded?

CoStar Group was founded in 1987.

What is CoStar Group's official website?

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

Where are CoStar Group's headquarters?

CoStar Group is headquartered at 1331 L STREET NW, WASHINGTON DC, 20005.

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 6/18/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here