Zillow Group - ZG Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zillow Group in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ZG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZG, but not buy additional shares or sell existing shares.
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18 brokerages have issued 12 month price targets for Zillow Group's shares. Their ZG share price forecasts range from $30.00 to $61.00. On average, they expect the company's stock price to reach $44.30 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
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Zillow Group's stock was trading at $31.21 at the beginning of the year. Since then, ZG shares have increased by 40.0% and is now trading at $43.70.
View the best growth stocks for 2023 here.

Zillow Group saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 1,630,000 shares, a decline of 16.4% from the February 28th total of 1,950,000 shares. Based on an average daily trading volume, of 636,100 shares, the short-interest ratio is presently 2.6 days. Currently, 2.9% of the shares of the stock are short sold.
View Zillow Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our ZG earnings forecast.

Zillow Group, Inc. (NASDAQ:ZG) released its quarterly earnings results on Wednesday, February, 15th. The technology company reported ($0.25) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.29) by $0.04. The technology company had revenue of $435 million for the quarter, compared to analysts' expectations of $414.39 million. Zillow Group had a negative trailing twelve-month return on equity of 0.54% and a negative net margin of 1.63%.

ETFs with the largest weight of Zillow Group (NASDAQ:ZG) stock in their portfolio include WisdomTree Growth Leaders Fund (PLAT), First Trust Dow Jones Internet Index Fund (FDN), Sparkline Intangible Value ETF (ITAN), Global X Millennial Consumer ETF (MILN), Daily Dow Jones Internet Bull 3X Shares (WEBL), iShares U.S. Real Estate ETF (IYR), Vanguard Real Estate ETF (VNQ) and Vanguard Mid-Cap Growth ETF (VOT).

Zillow Group issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $404.00 million-$437.00 million, compared to the consensus revenue estimate of $421.54 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zillow Group investors own include Tesla (TSLA), Netflix (NFLX), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walt Disney (DIS), Twitter (TWTR), Alibaba Group (BABA), PayPal (PYPL), Micron Technology (MU) and Block (SQ).

Zillow Group trades on the NASDAQ under the ticker symbol "ZG."

Shares of ZG 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.
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One share of ZG stock can currently be purchased for approximately $43.70.

Zillow Group (NASDAQ:ZG) has a market capitalization of $10.24 billion and generates $1.96 billion in revenue each year. The technology company earns $-101,000,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis.

The company employs 5,724 workers across the globe.

Zillow Group's mailing address is 1301 SECOND AVENUE FLOOR 31, SEATTLE WA, 98101. The official website for the company is www.zillowgroup.com. The technology company can be reached via phone at (206) 470-7000, via email at ir@zillowgroup.com, or via fax at 206-470-7001.