CoStar Group, Inc. (CSGP)

NASDAQ: CSGP · IEX Real-Time Price · USD
90.36
-1.17 (-1.28%)
At close: May 1, 2024, 4:00 PM
91.34
+0.98 (1.08%)
Pre-market: May 2, 2024, 6:03 AM EDT
-1.28%
Market Cap 36.90B
Revenue (ttm) 2.53B
Net Income (ttm) 294.27M
Shares Out 408.34M
EPS (ttm) 0.73
PE Ratio 123.78
Forward PE 114.48
Dividend n/a
Ex-Dividend Date n/a
Volume 1,898,602
Open 90.20
Previous Close 91.53
Day's Range 89.44 - 92.40
52-Week Range 67.35 - 100.38
Beta 0.83
Analysts Strong Buy
Price Target 101.79 (+12.65%)
Earnings Date Apr 23, 2024

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 14 analysts, the average rating for CSGP stock is "Strong Buy." The 12-month stock price forecast is $101.79, which is an increase of 12.65% from the latest price.

Price Target
$101.79
(12.65% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CoStar Group Successfully Launches Monetization of Homes.com in First Quarter 2024, with $39 Million of Net New Bookings Accelerating Overall Net New Bookings to a Record $86 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...

8 days ago - Business Wire

Y Combinator alum Matterport is being bought by real estate juggernaut Costar at a 212% premium

The transaction represents a premium of a whopping 212% over Matterport's last closing share price before the deal was announced on April 22.

Other symbols: MTTR
8 days ago - TechCrunch

CoStar Group Buys Spatial Property Data Company for $1.6 Billion

The provider of online real estate marketplaces says it will pay $5.50 per share for Matterport.

Other symbols: MTTR
9 days ago - Barrons

CoStar pays big premium to buy tech company that creates virtual showings

Shares of Matterport Inc. skyrocketed Monday, after the provider of 3D “digital twins” of real-estate properties agreed to be acquired by online real-estate marketplace CoStar Group Inc. in a deal val...

Other symbols: MTTR
9 days ago - Market Watch

Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group

The Transaction is Expected to Increase the Development and Deployment of Matterport's Advanced AI and Digital Twin Technology The Transaction is Expected to Increase the Development and Deployment of...

Other symbols: MTTR
9 days ago - GlobeNewsWire

CoStar Group to Acquire Matterport, the Global Leader in Immersive 3D Digital Twins and Artificial Intelligence for the Real Estate Industry That Makes Properties Intuitive and Interactive Online

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 it has rea...

Other symbols: MTTR
9 days ago - Business Wire

CoStar Group Named Among Richmond Times-Dispatch's Top Workplaces in 2024

RICHMOND, Va.--(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 been...

13 days ago - Business Wire

Mohr Logistics Park Named 2024 "Commercial Development of the Year" CoStar Impact Award Winner

Winners were selected by a panel of more than 660 esteemed industry professionals across 128 markets at the third annual commercial real estate awards WHITELAND, Ind. , April 8, 2024 /PRNewswire/ -- M...

23 days ago - PRNewsWire

Apartments.com Publishes Multifamily Rent Report for First Quarter of 2024

WASHINGTON--(BUSINESS WIRE)--Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent trends for the first quarter of 2024. The U.S. multifamily mark...

27 days ago - Business Wire

CoStar Group to Report Financial Results for First Quarter on April 23, 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...

4 weeks ago - Business Wire

CoStar Group Announces Winners of 2024 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 ...

5 weeks ago - Business Wire

CoStar Group 2023 Revenue Increased 13%, Apartments.com Crosses $1 Billion in Annualized Run Rate Revenue in January 2024, and Homes.com Crosses $1 Million in Annualized Daily Net New Sales Bookings in February 2024

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 ...

2 months ago - Business Wire

CoStar Group Acquires 1201 Wilson Boulevard, a LEED Platinum Office Building in Arlington, Virginia

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

2 months ago - Business Wire

Homes.com Ranked Among Top 50 U.S. Domains In Organic Visibility Improvement in 2023

WASHINGTON--(BUSINESS WIRE)--Homes.com, a brand of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today earned ...

3 months ago - Business Wire

CoStar Group to Report Financial Results for Fourth Quarter and Full Year 2023 on February 20, 2024

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, wi...

3 months ago - Business Wire

CoStar Group Founder and CEO Andy Florance Named Inman 2024 Power Player

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

3 months ago - Business Wire

CoStar Group Founder and CEO Andy Florance Named as Top Ten on SP 200 Real Estate's Most Powerful and Influential List

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

3 months ago - Business Wire

Seven tech stocks that can broaden your exposure beyond the “Magnificent Seven”

During the bull market of 2023, the “Magnificent Seven” stocks have dominated financial media coverage, and rightly so. There is no question that this group of companies has been performing very well ...

Other symbols: EFXIQVITMCOMSCIVRSK
4 months ago - Market Watch

CoStar Group Completes Acquisition of OnTheMarket.com With Overwhelming 97% Shareholder Support

LONDON--(BUSINESS WIRE)--CoStar Group, Inc. ("CoStar", NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announces the completion of its acq...

5 months ago - Business Wire

CoStar Group Partners With Feed More for Thanksgiving Giveaway and Food Drive

RICHMOND, Va.--(BUSINESS WIRE)--This Saturday, November 18th, CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, hel...

5 months ago - Business Wire

CoStar Group Expands its Operations in France, Appoints Sandra Roumi as General Manager

PARIS--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading global provider of online real estate marketplaces, information news and analytics, announced today the appointment of Sandra Roumi as it...

6 months ago - Business Wire

Andy Florance Named Amongst Inman's Best of Proptech Award Winners for Entrepreneurs

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

6 months ago - Business Wire

CoStar Group Sponsored Successful Keep Virginia Beautiful Tree Planting Event

RICHMOND, Va.--(BUSINESS WIRE)--This Sunday, October 29th, CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, partne...

6 months ago - Business Wire

Three-Stock Lunch: Deutsche Bank, Boeing and Costar Group

Ryan Belanger, Claro Advisors founder, joins ‘Power Lunch' to discuss three stocks: Deutsche Bank, Boeing and Costar Group.

Other symbols: BADB
6 months ago - CNBC Television

Home-builder stocks fall as lowest affordability in nearly 40 years offsets upbeat sales data

The home-builder sector suffered a broad selloff Wednesday as a rise in Treasury yields, which highlighted concerns over generationally low housing affordability, offset data showing a big beat in new...

Other symbols: DHIITBKBHLENOCPHMTMHC
6 months ago - Market Watch