Brokerages Set CoStar Group, Inc. (NASDAQ:CSGP) Price Target at $55.33

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have received an average rating of “Moderate Buy” from the twenty ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $54.50.

A number of research firms have recently commented on CSGP. BTIG Research reissued a “buy” rating and issued a $55.00 price target on shares of CoStar Group in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a research report on Thursday, April 30th. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday. Citizens Jmp dropped their price target 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. Finally, Wells Fargo & Company set a $26.00 price target on shares of CoStar Group and gave the company an “underweight” rating in a research report on Wednesday.

Insider Activity at CoStar Group

In other news, CEO Andrew C. Florance purchased 71,430 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were bought at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the transaction, the chief executive officer directly owned 1,722,865 shares in the company, valued at $60,644,848. This trade represents a 4.33% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.18% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CoStar Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Reflection Asset Management bought a new position in CoStar Group during the fourth quarter worth $27,000. Lloyd Advisory Services LLC. bought a new position in CoStar Group during the fourth quarter worth $29,000. Rossby Financial LCC increased its position in CoStar Group by 47.5% during the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after acquiring an additional 162 shares during the period. Caitong International Asset Management Co. Ltd increased its position in CoStar Group by 25,650.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after acquiring an additional 513 shares during the period. Finally, JPL Wealth Management LLC bought a new position in CoStar Group during the third quarter worth $48,000. Institutional investors own 96.60% of the company’s stock.

CoStar Group Price Performance

Shares of CSGP opened at $30.25 on Monday. The firm has a market cap of $12.35 billion, a PE ratio of 504.25, a PEG ratio of 0.78 and a beta of 0.72. The firm’s 50 day moving average price is $33.64 and its 200 day moving average price is $46.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. CoStar Group has a twelve month low of $28.54 and a twelve month high of $97.43.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The firm had revenue of $897.00 million for the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) earnings per share. 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. As a group, research analysts expect that CoStar Group will post 1.03 EPS for the current fiscal year.

CoStar Group Company Profile

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.