CoStar Group - CSGP Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoStar Group in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSGP shares.
View CSGP analyst ratings or view top-rated stocks.

13 equities research analysts have issued 12 month price targets for CoStar Group's stock. Their CSGP share price forecasts range from $76.00 to $102.00. On average, they anticipate the company's stock price to reach $90.75 in the next year. This suggests a possible upside of 18.5% from the stock's current price.
View analysts price targets for CSGP or view top-rated stocks among Wall Street analysts.

CoStar Group's stock was trading at $77.28 at the start of the year. Since then, CSGP stock has decreased by 0.9% and is now trading at $76.58.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our CSGP earnings forecast.

CoStar Group will be holding an earnings conference call on Tuesday, February 21st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

CoStar Group, Inc. (NASDAQ:CSGP) announced its quarterly earnings results on Monday, October, 25th. The technology company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. The technology company had revenue of $499.32 million for the quarter, compared to analysts' expectations of $497.97 million. CoStar Group had a net margin of 15.97% and a trailing twelve-month return on equity of 7.26%. The company's revenue was up 17.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.19 earnings per share.

Shares of CoStar Group split on Thursday, June 17th 2021. The 10-1 split was announced on Monday, June 7th 2021. The newly minted shares were issued to shareholders after the closing bell on Monday, June 28th 2021. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

1,147 employees have rated CoStar Group Chief Executive Officer Andrew C. Florance on Glassdoor.com. Andrew C. Florance has an approval rating of 60% among the company's employees. This puts Andrew C. Florance in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 44.0% of employees surveyed would recommend working at CoStar Group to a friend.

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 (CRM), Home Depot (HD), Johnson & Johnson (JNJ), PayPal (PYPL), QUALCOMM (QCOM), Visa (V) and UnitedHealth Group (UNH).

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

CoStar Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (3.12%), Riverbridge Partners LLC (0.62%), Parnassus Investments LLC (0.53%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Strs Ohio (0.24%) and Chicago Capital LLC (0.21%). Insiders that own company stock include Andrew C Florance, Andrew C Florance, Frederick G Saint, John W Hill, Laura Cox Kaplan, Lisa Ruggles, Matthew Linnington, Michael J Desmarais, Scott T Wheeler and Scott T Wheeler.
View institutional ownership trends.

Shares of CSGP stock 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.

One share of CSGP stock can currently be purchased for approximately $76.58.

CoStar Group (NASDAQ:CSGP) has a market capitalization of $31.14 billion and generates $1.94 billion in revenue each year. The technology company earns $292.56 million in net income (profit) each year or $0.86 on an earnings per share basis.

The company employs 4,742 workers across the globe.

CoStar Group's mailing address is 1331 L STREET NW, WASHINGTON DC, 20005. The official website for the company is www.costargroup.com. The technology company can be reached via phone at (202) 346-6500, via email at sspray@costar.com, or via fax at 877-739-0486.