Zillow Group (NASDAQ:Z) Issues Earnings Results

Zillow Group (NASDAQ:Z) released its earnings results on Tuesday. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.48), Zacks reports. Zillow Group had a negative return on equity of 2.33% and a negative net margin of 6.17%. Zillow Group updated its Q1 2025 guidance to EPS.

Zillow Group Price Performance

NASDAQ:Z opened at $86.32 on Wednesday. Zillow Group has a 1 year low of $38.45 and a 1 year high of $89.39. The firm’s fifty day simple moving average is $78.82 and its 200 day simple moving average is $68.06. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11.

Insider Activity at Zillow Group

In related news, CFO Jeremy Hofmann sold 23,388 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $84.98, for a total transaction of $1,987,512.24. Following the transaction, the chief financial officer now directly owns 99,362 shares in the company, valued at $8,443,782.76. The trade was a 19.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Dan Spaulding sold 4,565 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $86.22, for a total value of $393,594.30. Following the completion of the transaction, the insider now directly owns 58,217 shares of the company’s stock, valued at approximately $5,019,469.74. This trade represents a 7.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 142,730 shares of company stock worth $10,896,034. 23.76% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on Z. Bank of America increased their target price on shares of Zillow Group from $54.00 to $71.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. KeyCorp upgraded shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 2nd. Jefferies Financial Group increased their target price on shares of Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Baird R W upgraded shares of Zillow Group to a “hold” rating in a report on Friday, January 31st. Finally, Needham & Company LLC restated a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, Zillow Group has an average rating of “Moderate Buy” and an average target price of $78.67.

About Zillow Group

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.