CoStar Group, Inc. (NASDAQ:CSGP) Receives Consensus Recommendation of “Hold” from Analysts

CoStar Group, Inc. (NASDAQ:CSGP) has been given an average rating of “Hold” by the twenty ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $40.1053.

A number of brokerages have recently weighed in on CSGP. KeyCorp set a $33.00 price objective on shares of CoStar Group in a research note on Monday, August 24th. Benchmark started coverage on CoStar Group in a research note on Thursday, June 4th. They issued a “buy” rating and a $45.00 target price on the stock. The Goldman Sachs Group reiterated a “buy” rating and set a $40.00 target price on shares of CoStar Group in a report on Wednesday, July 29th. Wolfe Research reissued an “outperform” rating and set a $32.00 price target (down from $35.00) on shares of CoStar Group in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company set a $26.00 price target on CoStar Group and gave the stock an “underweight” rating in a report on Wednesday, June 24th.

CoStar Group Trading Up 3.3%

Shares of CSGP stock opened at $30.46 on Friday. CoStar Group has a fifty-two week low of $25.89 and a fifty-two week high of $90.72. The stock has a market cap of $12.34 billion, a P/E ratio of 160.32, a P/E/G ratio of 0.75 and a beta of 0.75. The business has a fifty day simple moving average of $30.36 and a 200-day simple moving average of $34.78. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $925.00 million for the quarter, compared to analyst estimates of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The business’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, analysts forecast that CoStar Group will post 1.07 earnings per share for the current fiscal year.

Insider Transactions at CoStar Group

In related news, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. The trade was a 20.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew Florance bought 83,300 shares of CoStar Group stock in a transaction on Tuesday, August 4th. The stock was purchased at an average price of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the acquisition, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. This represents a 4.83% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.18% of the company’s stock.

Institutional Trading of CoStar Group

A number of hedge funds have recently bought and sold shares of CSGP. Reflection Asset Management acquired a new position in CoStar Group in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of CoStar Group during the fourth quarter worth $29,000. Transamerica Financial Advisors LLC acquired a new stake in shares of CoStar Group during the second quarter worth $33,000. DV Equities LLC purchased a new stake in shares of CoStar Group in the fourth quarter valued at $40,000. Finally, IFP Advisors Inc grew its position in shares of CoStar Group by 329.4% in the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after purchasing an additional 471 shares during the period. Institutional investors and hedge funds own 96.60% of the company’s stock.

CoStar Group Company Profile

CoStar Group, Inc is a provider of commercial real estate information, analytics and online marketplaces. The company collects, analyzes and distributes data on property listings, transactions, rents, vacancies, market trends and other aspects of the real estate industry. Its products serve property owners, brokers, investors, lenders, appraisers, developers and other real estate professionals.

CoStar’s portfolio includes the CoStar commercial property information platform, LoopNet for commercial property listings, Apartments.com for rental housing, Homes.com for residential real estate, Land.com for land listings, and Ten-X for online commercial real estate auctions.