CoStar Group, Inc. (CSGP)

NASDAQ: CSGP · IEX Real-Time Price · USD
72.87
0.00 (0.00%)
Aug 8, 2022 4:00 PM EDT - Market closed
0.00%
Market Cap 28.85B
Revenue (ttm) 2.06B
Net Income (ttm) 330.00M
Shares Out 395.95M
EPS (ttm) 0.84
PE Ratio 86.75
Forward PE 68.97
Dividend n/a
Ex-Dividend Date n/a
Volume 1,129,379
Open 72.95
Previous Close 72.87
Day's Range 72.50 - 73.86
52-Week Range 49.00 - 101.05
Beta 0.92
Analysts Buy
Price Target 80.99 (+11.1%)
Earnings Date Jul 26, 2022

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...]

Industry Professional Services
IPO Date Jun 29, 1998
Employees 4,742
Stock Exchange NASDAQ
Ticker Symbol CSGP
Full Company Profile

Financial Performance

In 2021, CoStar Group's revenue was $1.94 billion, an increase of 17.19% compared to the previous year's $1.66 billion. Earnings were $292.56 million, an increase of 28.81%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CSGP stock is "Buy." The 12-month stock price forecast is 80.99, which is an increase of 11.14% from the latest price.

Price Target
$80.99
(11.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

1 Growth Stock That Is Absolutely Soaring

This high-growth real estate stock is on fire, despite market volatility and growing recessionary concerns.

Apartments.com Publishes July 2022 Rent Growth Report

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

Why the CoStar Group Popped 15.7% This Week

The real estate marketplace company posted solid growth in the second quarter of 2022.

Why Shares of CoStar Rose Today

The company reported a profit for Q2.

CoStar Group (CSGP) Q2 Earnings Top Estimates, Revenues Up Y/Y

CoStar Group (CSGP) second-quarter earnings benefit from growth in revenues, driven mainly by three main products of the company, CoStar, Apartments.com and LoopNet.

CoStar Group (CSGP) Q2 Earnings and Revenues Surpass Estimates

CoStar (CSGP) delivered earnings and revenue surprises of 33.33% and 0.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

CoStar Group Second Quarter 2022 Net New Bookings Grew 66% and Net Income Increased 37% Year-over-Year

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 for...

CoStar Group's Lisa Ruggles Recognized Nationally Among CRE's Women of Influence and Presented with the 2022 Mentor A...

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, is proud to...

CoStar Group (CSGP) to Post Q2 Earnings: What's in Store?

CoStar Group (CSGP) second-quarter results are likely to reflect benefits from the launch of new solutions and increasing investments in advertisement to raise brand awareness.

Multifamily Rent Growth Across the Country Cools in Q2

WASHINGTON--(BUSINESS WIRE)--Today, CoStar Group released the findings from its second quarter report on rent growth in the United States. According to the nationwide study, while demand is up 9.2% year...

CoStar Group to Report Financial Results for Second Quarter 2022 on July 26, 2022

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the second quarter 2022 following the market close on Tuesday, July 26, 2022. Management will conduct a...

CoStar Group (CSGP) & REBNY Collaborate to Launch Citysnap

CoStar Group (CSGP) launches Citysnap in association with REBNY, which is the first-ever consumer-facing search website and mobile app for REBNY's Residential Listing Service.

CoStar Group & REBNY Launch Citysnap, New Consumer-facing Home Search Website and App for New York City

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP) in conjunction with The Real Estate Board of New York (REBNY), today announced the official launch of Citysnap, the first-ever consumer-facing se...

4 Real Estate Stocks Billionaires Can't Stop Buying

These four real estate stocks have been beaten down, but could be value buys now.

Other symbols: DHIHHCLEN

CoStar (CSGP) Soars 5.8%: Is Further Upside Left in the Stock?

CoStar (CSGP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

CoStar Group (CSGP) Launches New Approach to Listing Apartments

CoStar Group (CSGP) owned Apartments.Com announces the launch of Listing of the Future, a new approach to listing apartments.

Apartments.com Announces New ‘Listing of the Future'

SAN DIEGO--(BUSINESS WIRE)--Today Apartments.com, the leading online rental network in the United States, announced the launch of its Listing of the Future, an innovative new approach to listing apartme...

7 Nasdaq Stocks to Buy for Double-Digit Gains

Interest rate hikes pushed investors toward safer blue chip stocks, squeezing the lofty valuations of Nasdaq stocks to more reasonable levels. The post 7 Nasdaq Stocks to Buy for Double-Digit Gains  app...

Other symbols: AVGOCOSTENPHPEPTTDULTA

CoStar Group Announces $5 Million Commitment to Management Leadership for Tomorrow

WASHINGTON--(BUSINESS WIRE)--Today, CoStar Group is proud to announce a $5 million commitment to Management Leadership for Tomorrow (MLT), a national nonprofit dedicated to providing Black, Latinx, and ...

Apartments.com Publishes May 2022 Rent Growth Report

WASHINGTON--(BUSINESS WIRE)--Today, Apartments.com – a CoStar Group company – released an in-depth look at national multifamily rent growth trends for May 2022 backed by analyst observations. “As we loo...

CoStar Group's Michael Desmarais Named 2022 Human Resources Professional of the Year in The Globee® Awards' Coveted A...

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 markets, proud...

CoStar Group Appoints Cyndi Eakin as Senior Vice President of Investor Relations

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

CoStar Group Vice President of Research Corey Durant Recognized in The EMPower Ethnic Minority Role Model List 2022

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 markets, proud...

CoStar Group Founder and CEO Andrew C. Florance Named 2022 Tech Titan by Washingtonian Magazine

WASHINGTON--(BUSINESS WIRE)--Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group, Inc. (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analyt...

CoStar Group Publishes New Retail Sector Findings

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