CoStar Group, Inc. (CSGP)

NASDAQ: CSGP · IEX Real-Time Price · USD
82.28
+0.40 (0.49%)
Jun 5, 2023, 12:57 PM EDT - Market open
0.49%
Market Cap 33.62B
Revenue (ttm) 2.25B
Net Income (ttm) 367.27M
Shares Out 408.54M
EPS (ttm) 0.91
PE Ratio 89.98
Forward PE 57.47
Dividend n/a
Ex-Dividend Date n/a
Volume 459,225
Open 81.91
Previous Close 81.88
Day's Range 81.40 - 82.44
52-Week Range 54.02 - 85.37
Beta 0.88
Analysts Buy
Price Target 88.00 (+6.95%)
Earnings Date Jul 25, 2023

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

Sector Real Estate
IPO Date Jun 29, 1998
Employees 5,653
Stock Exchange NASDAQ
Ticker Symbol CSGP
Full Company Profile

Financial Performance

In 2022, CoStar Group's revenue was $2.18 billion, an increase of 12.26% compared to the previous year's $1.94 billion. Earnings were $369.45 million, an increase of 26.28%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CSGP stock is "Buy." The 12-month stock price forecast is $88.0, which is an increase of 6.95% from the latest price.

Price Target
$88.0
(6.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CoStar Group Signs Science Based Targets Initiative (SBTi) Commitment for Emissions Reduction

WASHINGTON--(BUSINESS WIRE)--Today, CoStar Group, a leading provider of online real estate marketplaces, information and analytics in the property markets, announced that its founder and CEO Andy Flor...

1 week ago - Business Wire

LoopNet and Google Release Commercial Real Estate Study Focused on Identifying Trends in Tenant and Investor Online Search Behavior

WASHINGTON--(BUSINESS WIRE)--Today, LoopNet, a CoStar Group (NASDAQ: CSGP) company, issued the latest installment in a multi-year research effort providing insights into the commercial real estate sea...

2 weeks ago - Business Wire

CoStar Group Founder and CEO Andy Florance Named to Commercial Observer Power 100

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 weeks ago - Business Wire
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CoStar Group Announces $18 Million Commitment to Virginia Commonwealth University for the Construction of the CoStar Center for Arts and Innovation, for the Creative and Digital Economy

RICHMOND, Va.--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today ...

3 weeks ago - Business Wire

CoStar Group Launches the Next Generation of STR

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

1 month ago - Business Wire

CoStar Group First Quarter 2023 Revenue Increased 13% Year-over-Year and Net New Bookings Grew 17% to $80 Million

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...

1 month ago - Business Wire

Apartments.com Releases Rent Growth Report for First Quarter of 2023

WASHINGTON--(BUSINESS WIRE)--Today, Apartments.com — a CoStar Group company — published an in-depth report of multifamily rent trends for the first quarter of 2023. The negative trends in the multifam...

2 months ago - Business Wire

Apartments.com Leans Into Streaming Video and Social Media in New 2023 Advertising Campaign

WASHINGTON--(BUSINESS WIRE)--Apartments.com, a CoStar Group brand (NASDAQ: CSGP), has launched a new multichannel marketing campaign that marks the brand's largest shift to streaming video and social ...

2 months ago - Business Wire
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CoStar Group to Report Financial Results for First Quarter 2023 on April 25, 2023

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter of 2023 following the market close on Tuesday, April 25, 2023. Management will cond...

2 months ago - Business Wire

CoStar Group Announces Winners of 2023 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, today announced the winners of the ...

2 months ago - Business Wire

News Corp Provides Update on Discussions Regarding Move, Inc.

NEW YORK--(BUSINESS WIRE)--News Corp today confirmed that it is no longer engaged in discussions with CoStar Group, Inc. (NASDAQ: CSGP) regarding a potential sale of Move, Inc, operator of Realtor.com...

3 months ago - Business Wire

CoStar Group CEO Says Firm Not Acquiring Move Real Estate Business From News Corp

News Corp had been in talks to sell the parent of Realtor.com to CoStar for about $3 billion.

Other symbols: NWSNWSA
3 months ago - WSJ

CoStar Group 2022 Revenue Increased 12% Year-over-Year and Full Year Net New Bookings Grew 41% to a Record $305 Million

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...

3 months ago - Business Wire
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CoStar Group Publishes 2023 Environmental, Social, and Governance Report

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, released today its 2023 Environment...

3 months ago - Business Wire

CoStar Group to Report Financial Results for Fourth Quarter and Full Year 2022 on February 21, 2023

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the fourth quarter and full year 2022 following the market close on Tuesday, February 21, 2023. Man...

4 months ago - Business Wire

CoStar Group Founder and CEO Andy Florance Named an Inman 2023 Power Player

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 th...

5 months ago - Business Wire

CoStar Group CEO and Founder Andy Florance Named as Top Ten on SP200 Real Estate's Most Powerful and Influential List

WASHINGTON--(BUSINESS WIRE)--The Swanepoel Power 200 (SP 200), the definitive ranking of the residential real estate brokerage industry's executives and leaders, has named Andy Florance, Founder and...

5 months ago - Business Wire

Apartments.com Releases Q4 2022 Growth Report

WASHINGTON--(BUSINESS WIRE)--Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for Q4 2022 backed by analyst observations. Across the bo...

5 months ago - Business Wire

Wally Weitz's Top Holdings Mostly Outperform in 2022

As the end of a tumultuous and eventful year swiftly approaches, investors are reviewing their portfolio holdings to determine how they performed in 2022.

Other symbols: GOOGMAV
5 months ago - GuruFocus

CoStar Group Selected by NASDAQ for 100 Index®

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading global provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets,...

6 months ago - Business Wire

Nasdaq adds six companies to the Nasdaq-100 Index

Nasdaq Inc. NDAQ, -1.54% said late Friday it's adding CoStar Group Inc. CSGP, -2.05% , Rivian Automotive Inc. RIVN, -4.51% , Warner Bros. Discovery Inc. WBD, +3.07% , GlobalFoundries Inc. GFS, +1.60% ...

Other symbols: BKRFANGGFSRIVNWBD
6 months ago - Market Watch

Apartments.com Publishes November 2022 Growth Report

WASHINGTON--(BUSINESS WIRE)--Apartments.com – a CoStar Group company – released an in-depth report of multifamily rent growth trends for November 2022 backed by analyst observations. Monthly asking ...

6 months ago - Business Wire

CoStar Group Integrates Homesnap Operations With Homes.Com

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – toda...

6 months ago - Business Wire

CoStar Group Named to Northern Virginia Technology Council's 2022 Tech 100 List

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, has bee...

6 months ago - Business Wire

World's First and Largest Commercial Property Online Marketplace Launches in the UK

LONDON & WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property m...

7 months ago - Business Wire