CoStar Group, Inc. (CSGP)

NASDAQ: CSGP · Real-Time Price · USD
71.44
+1.60 (2.29%)
At close: Dec 20, 2024, 4:00 PM
71.37
-0.07 (-0.10%)
After-hours: Dec 20, 2024, 5:58 PM EST
2.29%
Market Cap 29.29B
Revenue (ttm) 2.67B
Net Income (ttm) 175.40M
Shares Out 409.96M
EPS (ttm) 0.43
PE Ratio 166.16
Forward PE 70.94
Dividend n/a
Ex-Dividend Date n/a
Volume 5,836,069
Open 69.89
Previous Close 69.84
Day's Range 69.61 - 71.86
52-Week Range 68.26 - 100.38
Beta 0.84
Analysts Buy
Price Target 93.00 (+30.18%)
Earnings Date Feb 18, 2025

About CSGP

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. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggre... [Read more]

Sector Real Estate
IPO Date Jun 29, 1998
Employees 6,152
Stock Exchange NASDAQ
Ticker Symbol CSGP
Full Company Profile

Financial Performance

In 2023, CoStar Group's revenue was $2.46 billion, an increase of 12.49% compared to the previous year's $2.18 billion. Earnings were $374.70 million, an increase of 1.41%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CSGP stock is "Buy." The 12-month stock price forecast is $93.0, which is an increase of 30.18% from the latest price.

Price Target
$93.0
(30.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today announced an enterprise ...

Other symbols: EXPI
9 days ago - Business Wire

Matterport's Arbitrage Opportunity, Navigating The CoStar Acquisition Deal (Rating Upgrade)

Matterport's acquisition by CoStar Group presents an arbitrage opportunity with a potential 12.2% return, though the stock has been relatively stable recently. Matterport's Q3 earnings showed strong s...

Other symbols: MTTR
12 days ago - Seeking Alpha

CoStar Group to Host Investor Day on Thursday, December 5, 2024

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will host an Investor Day on ...

4 weeks ago - Business Wire

CoStar Group to Present at RBC Capital Markets 2024 Global TIMT Conference

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's R...

5 weeks ago - Business Wire

CoStar Group to Present at Stephens NASH24 Conference

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's S...

5 weeks ago - Business Wire

CoStar Group to Present at KBW Fintech Conference

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's K...

5 weeks ago - Business Wire

Stock Picks From Seeking Alpha's October 2024 New Analysts

In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, ...

6 weeks ago - Seeking Alpha

CORRECTING and REPLACING CoStar Group Calls for Entries Ahead of Fourth Annual CoStar Impact Awards

WASHINGTON--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: COSTAR GROUP CALLS FOR ENTRIES AHEAD OF FOURTH ANNUAL...

6 weeks ago - Business Wire

CoStar Group Calls for Entries Ahead of Fourth Annual CoStar Impact Awards

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, is accepting nominations for the fou...

6 weeks ago - Business Wire

CoStar Group Closes Deal to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that it has complet...

7 weeks ago - Business Wire

CoStar Group Strikes Deal to Secure Relocation of Headquarters to Arlington, Virginia

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced an agreement with r...

7 weeks ago - Business Wire

CoStar Group: Strong Competitive Positioning Makes It Attractive

CoStar Group Inc. has a significant moat with extensive intangible assets and a dominant position in commercial real estate information and analytics. Despite initial skepticism, deeper analysis revea...

7 weeks ago - Seeking Alpha

CoStar Group: Growth Outlook In The Coming Years Remain Solid

I reiterate my bullish view on CoStar Group stock due to solid growth outlook. CSGP's latest earnings showed 10.9% revenue growth, missing expectations, but EPS beat consensus; the residential segment...

2 months ago - Seeking Alpha

CoStar Group, Inc. (CSGP) Q3 2024 Earnings Call Transcript

CoStar Group, Inc. (NASDAQ:CSGP) Q3 2024 Earnings Conference Call October 22, 2024 5:00 PM ET Company Participants Rich Simonelli - Head of IR Andrew Florance - Founder and CEO Chris Lown - CFO Confe...

2 months ago - Seeking Alpha

CoStar Group to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that it has reached...

2 months ago - Business Wire

CoStar Group Third Quarter Revenue Increased 11% Year-over-Year; Net Income Increased 176% and EBITDA Increased 320% from the Second Quarter

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue f...

2 months ago - Business Wire

3 Stocks Investors Don't Want to Miss Ahead of Earnings

Most investors inconsistently view quarterly earnings as a catalyst for stock prices upon the news release. They often find themselves trapped in the volatility of sudden moves and face the risk of la...

Other symbols: LMTTMUS
2 months ago - Benzinga

Apartments.com Releases Multifamily Rent Growth Report for Third Quarter of 2024

WASHINGTON--(BUSINESS WIRE)--Today, Apartments.com – an online marketplace of CoStar Group, Inc. (“CoStar”) – published an in-depth report of multifamily rent trends for the third quarter of 2024. The...

2 months ago - Business Wire

Andy Florance Named 2024 Tech Titan by Washingtonian Magazine

WASHINGTON--(BUSINESS WIRE)--Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the ...

2 months ago - Business Wire

CoStar Group to Report Financial Results for Third Quarter on October 22, 2024

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial resul...

2 months ago - Business Wire

Cushman & Wakefield Names CoStar Group as National CRE Data Provider in Canada

TORONTO--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today announced an agreement with Cushm...

2 months ago - Business Wire

Final Trades: Dell Technologies, CoStar Group, Johnson & Johnson and PayPal Holdings

The Investment Committee share their top stocks to watch for the second half.

Other symbols: DELLJNJPYPL
3 months ago - CNBC Television

Trade Tracker: Karen Firestone buys Abbott Labs, Chemed, Costar Group and sells Home Depot

Karen Firestone, chairman and CEO at Aureus Asset Management, joins CNBC's "Halftime Report" to detail her latest portfolio moves.

Other symbols: ABTCHEHD
4 months ago - CNBC Television

If I Had To Retire Today With 12 REITs

REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cu...

Other symbols: ABRADCAMHAMTAREAVBBXP
5 months ago - Seeking Alpha

CoStar Group, Inc. (CSGP) Q2 2024 Earnings Call Transcript

CoStar Group, Inc. (NASDAQ:CSGP) Q2 2024 Earnings Conference Call July 23, 2024 5:00 PM ET Company Participants Cyndi Eakin - Head, IR Andrew Florance - Founder and CEO Chris Lown - CFO Conference Ca...

5 months ago - Seeking Alpha