Zillow Group, Inc. (ZG)
| Market Cap | 10.63B |
| Revenue (ttm) | 1.89B |
| Net Income (ttm) | -182.00M |
| Shares Out | 237.32M |
| EPS (ttm) | -0.76 |
| PE Ratio | n/a |
| Forward PE | 33.49 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 339,152 |
| Open | 46.01 |
| Previous Close | 45.14 |
| Day's Range | 44.56 - 46.44 |
| 52-Week Range | 26.21 - 55.68 |
| Beta | 1.74 |
| Analysts | Buy |
| Price Target | 54.00 (+20.56%) |
| Earnings Date | Nov 1, 2023 |
About ZG
Zillow Group, Inc. operates real estate brands on mobile applications and Websites in the United States. The company operates through Internet, Media & Technology (IMT); Mortgages; and Homes segments. Its IMT segment offers premier agent and rentals marketplaces, as well as other services, which includes new construction marketplace, advertising, and business technology solutions, as well as display and dotloop and floor plans. The company's Mortgages segment provides mortgage originations and the sale of mortgages, and advertising to mortgage ... [Read more]
Financial Performance
In 2022, Zillow Group's revenue was $1.96 billion, a decrease of -8.16% compared to the previous year's $2.13 billion. Losses were -$101.00 million, -80.87% less than in 2021.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for ZG stock is "Buy." The 12-month stock price forecast is $54.0, which is an increase of 20.56% from the latest price.
News
'Housing market is frozen up': Zillow chief economist on mortgage rates at highest level since 2000
Skyler Olsen, Zillow chief economist, joins 'Fast Money' to talk sky-high mortgage rates, the real estate market and what's ahead for the market.
Housing is really at a 'standstill': Zillow co-founder Spencer Rascoff
Spencer Rascoff, Zillow co-founder and former CEO, joins 'Squawk on the Street' to discuss the housing stocks, how the inventory problem gets fixed, and how the supply part of the equation gets fixed ...
Zillow Group unveils tool to help renters buy insurance
Zillow Group introduced a new tool to help renters purchase insurance online.
Protect what you love: Renters can now purchase renters insurance on Zillow
Zillow now provides direct access to renters insurance through a partnership with Homesite, where renters can get coverage for personal property and more SEATTLE , Sept. 7, 2023 /PRNewswire/ -- Zillow...
Zillow, Redfin rise on July pending home sales data
Zillow Group (Z) and Redfin (RDFN) shares rise as July pending home sales increased 0.9 percent month-over-month, but declined 14 percent year-over-year, according to the National Association of Realt...
Zillow Starts Offering Cash-Strapped Homebuyers a 1% Down Payment Option
The program is starting in Arizona, with plans to expand to more markets.
We're likely at peak mortgage rates right now, says Zillow Co-Founder Spencer Rascoff
Spencer Rascoff, Zillow Co-Founder and Pacaso Co-Founder, joins 'Closing Bell Overtime' to talk the housing market, Pacaso's business model, mortgage rates and more.
Zillow thinks US home prices are set to surge more than 6% in the next year
US home prices are set to surge as high mortgage rates keep inventory tight, Zillow says. The real estate listings site predicted a 6.5% increase in home prices by July 2024.
Zillow offers 1% down payment program: Here's how it works
Zillow launched a down payment program to try and entice more homebuyers into the marketplace. The program is touted as a way to reduce the time buyers need to save to buy a home.
Zillow rolls out new 1% down payment program in Arizona
Orphe Divounguy, Zillow home loans senior economist, joins 'The Exchange' to discuss America's housing affordability crisis, Zillow offering a one percent down payment loan program in Arizona, Zillow'...
The housing market has gotten so unaffordable that Zillow is now offering prospective homebuyers a 1% down payment option
Zillow thinks it has an answer to the affordability crisis that has taken over the housing market. The company is offering prospective homebuyers the option to put a 1% down payment on a house.
Zillow offers 1% down payment to lure homebuyers as mortgage rates hit 22-year high
Zillow announced that it's offering mortgages with a 1% down payment to US homebuyers who are being squeezed by mortgage rates that are more than double what they were just two years ago and their hig...
Zillow Launches Loan Scheme to Help Home Buyers as Mortgage Rates Soar
The group is offering a down-payment program, through which borrowers will offer up 1% and it will contribute the additional 2%.
Zillow Home Loans offers a 1% down payment option, opening homeownership to more borrowers
This program can reduce the time needed to save for a down payment and provide another option for those who are otherwise ready to take on a mortgage payment SEATTLE , Aug. 24, 2023 /PRNewswire/ -- Zi...
Demand still exceeds supply in the housing market following a rebound in home value, says Zillow
Orphe Divounguy, Senior Economist at Zillow, discusses the outlook for housing demand and mortgage rates.
Judge tosses antitrust claims directed at Zillow Group and National Association of Realtors
A federal judge in Seattle this week dismissed antitrust claims in a lawsuit filed in 2021 by Austin-based real estate startup Real Estate Exchange (REX) against Zillow Group and The National Associat...
Zillow And The 30% Opportunity That's Opening Up
For much of last year, Zillow Group Inc NASDAQ: ZG could have been the poster child for stocks that were pumped and then dumped with the pandemic. A nearly 90% drop from 2021's all-time high only bott...
Zillow and Redfin earnings reports reflect slumping real estate market
Redfin and Zillow Group‘s second-quarter earnings reports point to more pain in the real estate market as limited housing supply and climbing mortgage rates throttle transaction volume.
Zillow Group tops expectations but feels ongoing headwinds from tough housing market
Zillow Group revenue rose slightly to $506 million in the second quarter, well ahead of its prior guidance of $451 million to $479 million for the three months ended June 30, the company reported Wedn...
Zillow Stock Falls After Revenue Beat
The real estate technology company says it expects revenue of $458 million to $486 million in its third quarter, lower than consensus estimates. The stock dropped in after-hours trading.
Zillow stock slips as outlook falls short of Street view
Zillow Group Inc. ZG shares declined in the extended session Wednesday after the real-estate site topped Wall Street expectations for the quarter, but its outlook didn't. Zillow shares declined as muc...
Zillow Group Reports Second-Quarter 2023 Financial Results
SEATTLE , Aug. 2, 2023 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results...
Real estate rivals Zillow and Redfin partner to share new construction listings
Seattle real estate giants Zillow Group and Redfin announced a rare syndication partnership Tuesday related to the sharing of new construction listings.
Zillow, Redfin announce a partnership aimed at connecting home builders with home buyers
Zillow Group Inc. Z, +2.16% ZG, +1.73% and Redfin Corp. RDFN, +0.40% announced a partnership Tuesday, as the real estate information and services companies work together to help home builders connect ...
Zillow and Redfin announce partnership to help buyers and home builders connect
Home builders partnering with Zillow will now have their listings and communities automatically syndicated to Redfin, expanding the visibility of these homes to potential buyers SEATTLE , Aug. 1, 2023...