CoStar Group, Inc. (NASDAQ:CSGP) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have received an average recommendation of “Moderate Buy” from the twenty analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $51.50.

A number of brokerages have recently issued reports on CSGP. Citizens Jmp cut their price objective on shares of CoStar Group from $73.00 to $44.00 and set a “market outperform” rating on the stock in a research report on Wednesday, April 29th. Stephens dropped their target price on CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. Citigroup lowered their price target on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Bank of America cut their price objective on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th.

CoStar Group Price Performance

CSGP stock opened at $27.14 on Friday. CoStar Group has a 12 month low of $26.68 and a 12 month high of $97.43. The company has a 50-day moving average price of $31.08 and a 200 day moving average price of $41.41. The stock has a market cap of $11.08 billion, a PE ratio of 452.41, a P/E/G ratio of 0.71 and a beta of 0.74. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company had revenue of $897.00 million during the quarter, compared to analyst estimates of $896.73 million. During the same quarter last year, the business posted ($0.04) EPS. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities research analysts anticipate that CoStar Group will post 1.03 earnings per share for the current year.

Insider Buying and Selling

In other CoStar Group news, CEO Andrew C. Florance acquired 71,430 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the transaction, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On CoStar Group

A number of hedge funds and other institutional investors have recently modified their holdings of CSGP. United Capital Financial Advisors LLC raised its holdings in CoStar Group by 2.3% during the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after purchasing an additional 167 shares during the last quarter. Man Group plc grew its holdings in shares of CoStar Group by 1.7% during the second quarter. Man Group plc now owns 10,368 shares of the technology company’s stock worth $834,000 after buying an additional 177 shares in the last quarter. Norinchukin Bank The raised its position in shares of CoStar Group by 0.5% in the third quarter. Norinchukin Bank The now owns 35,539 shares of the technology company’s stock valued at $2,998,000 after buying an additional 184 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of CoStar Group by 0.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,517 shares of the technology company’s stock valued at $1,446,000 after buying an additional 186 shares during the period. Finally, Allworth Financial LP boosted its position in CoStar Group by 6.5% during the third quarter. Allworth Financial LP now owns 3,745 shares of the technology company’s stock worth $316,000 after acquiring an additional 228 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

About CoStar Group

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.