CoStar GroupCSGP
CSGP
About: CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, hotels, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and Lands of America, with more than 80% of its revenue classified as subscription-based. The company recently expanded its presence in Canada, the United Kingdom, Spain, and France.
Employees: 6,152
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 93
25% more funds holding in top 10
Funds holding in top 10: 12 [Q3] → 15 (+3) [Q4]
19% more call options, than puts
Call options by funds: $94.7M | Put options by funds: $79.9M
1.64% more ownership
Funds ownership: 96.32% [Q3] → 97.95% (+1.64%) [Q4]
4% more repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 271
1% more funds holding
Funds holding: 753 [Q3] → 760 (+7) [Q4]
4% less capital invested
Capital invested by funds: $29.8B [Q3] → $28.7B (-$1.08B) [Q4]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$63
18%
downside
Avg. target
$84
10%
upside
High target
$103
34%
upside
9 analyst ratings
6 positive
67%
1 neutral
11%
2 negative
22%
Citigroup Peter Christiansen 76% 1-year accuracy 13 / 17 met price target | 12%upside $86 | Buy Maintained | 20 Feb 2025 |
JP Morgan Alexei Gogolev 64% 1-year accuracy 16 / 25 met price target | 13%upside $87 | Overweight Maintained | 19 Feb 2025 |
RBC Capital Ashish Sabadra 87% 1-year accuracy 47 / 54 met price target | 8%upside $83 | Sector Perform Reiterated | 19 Feb 2025 |
Stephens & Co. John Campbell 71% 1-year accuracy 25 / 35 met price target | 34%upside $103 | Overweight Reiterated | 19 Feb 2025 |
Wells Fargo Jason Haas 58% 1-year accuracy 21 / 36 met price target | 18%downside $63 | Underweight Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 19 articles about CSGP published over the past 30 days
Neutral
Business Wire
17 hours ago
Homes.com Releases New Report on Washington-area Housing Market Amid Federal Workforce Changes
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group leading online residential marketplace, today released a new report detailing the home buying and selling trends in the Washington-area housing market after a number of changes amongst the federal workforce, including roughly 75,000 accepting buyouts offered by the Trump administration and an additional number of employees being laid off, which continues to be in flux. The analysis from Homes.com found that since the beginning of Januar.
Positive
Seeking Alpha
1 day ago
CoStar Group: I Still Expect Growth To Accelerate Back To High-Teens
I maintain a buy rating for CoStar Group due to its promising growth outlook, driven by strong performance in Apartments.com and Homes.com. CSGP's latest earnings report showed 11% y/y revenue growth to $709 million, with adj EBITDA up 47% sequentially, demonstrating strong operating leverage. Apartments.com continues to dominate with 13.4% y/y revenue growth in 4Q24, benefiting from high multifamily vacancy rates and strong pricing power.
Positive
Reuters
1 day ago
US real estate firm CoStar offers to buy Australia's Domain in $1.7 billion deal
Australia's Domain Holdings said on Friday that U.S. online real estate firm CoStar had offered to buy the property classifieds firm in a deal valuing it at A$2.65 billion ($1.70 billion).
Positive
Zacks Investment Research
2 days ago
Will CoStar's Earnings & Revenue Beat in Q4 Drive the Stock Price?
CSGP's fourth-quarter 2024 results reflect solid y/y top-line growth and expanding market reach, but rising expenses act as headwinds.
Neutral
Seeking Alpha
3 days ago
CoStar Group, Inc. (CSGP) Q4 2024 Earnings Call Transcript
CoStar Group, Inc. (NASDAQ:CSGP ) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Richard Simonelli - Head of IR Andrew Florance - Founder & CEO Christian Lown - CFO Conference Call Participants John Campbell - Stephens Peter Christiansen - Citi Ryan Tomasello - KBW Alexei Gogolev - JPMorgan Stephen Sheldon - William Blair Jeff Meuler - Baird Operator Good day, and thank you for standing by. Welcome to the Q4 2024 CoStar Group Earnings Conference Call.
Positive
Zacks Investment Research
3 days ago
CoStar (CSGP) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for CoStar (CSGP) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
3 days ago
CoStar Group (CSGP) Surpasses Q4 Earnings and Revenue Estimates
CoStar Group (CSGP) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.33 per share a year ago.
Neutral
The Motley Fool
3 days ago
CoStar Group Revenue Beats, EPS Dips
CoStar Group (CSGP 1.89%), a provider of real estate information and analytics, released its fourth quarter 2024 earnings on Feb. 18, 2025. The company reported revenue of $709 million, exceeding the analyst estimate of $701 million and reaching the upper limit of its own guidance range of $693 million to $703 million.
Neutral
Business Wire
3 days ago
CoStar Group 2024 Full Year Revenue Increased 11% Year-over-Year; Q4 24 Net Income Increased 13%, EBITDA Increased 43% & Adjusted EBITDA Increased 47% from Q3 24
ARLINGTON, Va.--(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 for the year ended December 31, 2024 was $2.74 billion, up 11% over revenue of $2.46 billion for the full year of 2023. Revenue for the fourth quarter of 2024 was $709 million, an increase of 11% over revenue of $640 million for the fourth quarter of 2023. Net income was $139 million for the ye.
Neutral
Business Wire
1 week ago
CoStar Group Acquires Ag-Analytics, Augmenting Land.com Services and Capabilities
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or “our”), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced that it has acquired agricultural data company Ag-Analytics. The strategic acquisition of Ag-Analytics will specifically enhance CoStar Group's Land.com platform, marking the company's extension into the agricultural land sector. This acquisition wil.
Charts implemented using Lightweight Charts™