CoStar Group, Inc. (CSGP)
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]
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 StatementsAnalyst 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.
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...
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.
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.
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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...
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 ...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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.
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...