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 7,419 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
49% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 94
33% more funds holding in top 10
Funds holding in top 10: 12 [Q3] → 16 (+4) [Q4]
17% more call options, than puts
Call options by funds: $94.7M | Put options by funds: $80.7M
4% more funds holding
Funds holding: 754 [Q3] → 784 (+30) [Q4]
2.58% more ownership
Funds ownership: 95.65% [Q3] → 98.24% (+2.58%) [Q4]
5% more repeat investments, than reductions
Existing positions increased: 288 | Existing positions reduced: 273
3% less capital invested
Capital invested by funds: $29.6B [Q3] → $28.8B (-$740M) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$63
19%
downside
Avg. target
$84
8%
upside
High target
$103
32%
upside
10 analyst ratings
7 positive
70%
1 neutral
10%
2 negative
20%
RBC Capital Ashish Sabadra 43% 1-year accuracy 23 / 53 met price target | 7%upside $83 | Sector Perform Reiterated | 17 Apr 2025 |
Citizens Capital Markets Nicholas Jones 28% 1-year accuracy 23 / 82 met price target | 9%upside $85 | Market Outperform Reiterated | 12 Mar 2025 |
Deutsche Bank Faiza Alwy 57% 1-year accuracy 4 / 7 met price target | 14%upside $89 | Buy Initiated | 28 Feb 2025 |
Citigroup Peter Christiansen 21% 1-year accuracy 3 / 14 met price target | 11%upside $86 | Buy Maintained | 20 Feb 2025 |
JP Morgan Alexei Gogolev 42% 1-year accuracy 10 / 24 met price target | 12%upside $87 | Overweight Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 10 articles about CSGP published over the past 30 days
Neutral
Business Wire
4 days ago
Visual Lease Named a Workday Innovation Partner to Help Organizations Provide Expanded View of Lease Portfolios
ARLINGTON, Va.--(BUSINESS WIRE)--Visual Lease, a CoStar Group (NASDAQ: CSGP) brand and a premier platform for integrated lease management, accounting, and reporting, announced today that it has become a Workday Innovation Partner. This collaboration combines Visual Lease's platform for lease accounting and management with Workday Financial Management software to empower joint customers with a comprehensive view of their lease portfolios, helping them manage their financial ecosystem, from gener.
Negative
GeekWire
1 week ago
CoStar CEO says Zillow has ‘overplayed its hand' in fight over access to real estate listings
CoStar CEO Andy Florance says Zillow's move to ban certain private listings is self-serving and that the leading home search site has “overplayed its hand.”
Neutral
CNBC
1 week ago
Third Point, D.E. Shaw obtain agreements with CoStar.
Third Point and D.E. Shaw are like-minded investors obtaining separate agreements with CoStar.
Neutral
Business Wire
1 week ago
Homes.com Report: Home Price Increases Slowed for the Third Consecutive Month in March
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group leading online residential marketplace, today released a new report analyzing home prices in March (based on the data collected to date), price trends across major cities, and what the latest developments in the housing market mean for homebuyers. According to the preliminary estimates, home prices continued to go up in March, but the rate of price increases slowed for the third consecutive month. Year-over-year, prices rose 2.2% in Mar.
Neutral
Business Wire
2 weeks ago
CoStar Group Announces Board Refreshment and Corporate Governance Enhancements
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” the “Company,” “we,” “us” or “our”), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property market, today announced the appointment of John Berisford, Rachel Glaser and Christine McCarthy to the Company's Board of Directors (the “Board”). As part of the Company's ongoing refreshment efforts, Michael Klein, Christopher Nassetta and Laura Kaplan.
Neutral
Business Wire
2 weeks ago
Apartments.com Releases Multifamily Rent Report for the First Quarter of 2025
ARLINGTON, Va.--(BUSINESS WIRE)--Today, Apartments.com – an online marketplace of CoStar Group – published an in-depth report on multifamily rent trends for the first quarter of 2025. The national year-over-year asking rent growth for apartments was 1.1% in March 2025, unchanged from the end of December 2024. Since mid-2023, year-over-year rent growth has hovered just above 1% after its rapid deceleration in 2021 and 2022. The national rent per unit ended the quarter at $1,754, compared to $1,7.
Neutral
Business Wire
2 weeks ago
CoStar Group to Report Financial Results for First Quarter on April 29, 2025
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the first quarter of 2025 following the market close on Tuesday, April 29, 2025. Management will conduct a conference call to discuss the first quarter results, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the conference call will be available in.
Positive
Reuters
3 weeks ago
Australia's Domain grants due diligence access to CoStar for $1.8 billion buyout bid
Australia's Domain Holdings said on Monday it has granted CoStar exclusive due diligence access for the U.S. property data group's revised buyout proposal which values the real estate classifieds firm at A$2.80 billion ($1.76 billion).
Positive
WSJ
3 weeks ago
CoStar Raises Offer for Australia's Domain to $1.92 Billion
U.S. real-estate analytics provider CoStar raised its proposed offer for Domain, telling Australia's second-largest property advertiser that US$1.92 billion is its top price unless a rival suitor emerges.
Neutral
Business Wire
3 weeks ago
CoStar Group Announces Winners of Fourth Annual CoStar Impact Awards
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2025 CoStar Impact Awards. Now in its fourth year, the CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2024 that significantly influenced neighborhoods or submarkets across 129 major international markets in the United States, Canada.
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