Zillow Group (NASDAQ:Z) Issues Earnings Results

Zillow Group (NASDAQ:Z) announced its quarterly earnings results on Tuesday. The financial services provider reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.26 by ($0.48), Zacks reports. Zillow Group had a negative net margin of 6.17% and a negative return on equity of 2.33%. Zillow Group updated its Q1 2025 guidance to EPS.

Zillow Group Price Performance

NASDAQ:Z traded down $1.65 during mid-day trading on Tuesday, hitting $86.32. The company’s stock had a trading volume of 4,446,846 shares, compared to its average volume of 2,407,409. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11. The stock has a fifty day moving average of $78.77 and a 200-day moving average of $67.80. The company has a market capitalization of $20.16 billion, a price-to-earnings ratio of -151.44, a P/E/G ratio of 16.20 and a beta of 2.03. Zillow Group has a fifty-two week low of $38.45 and a fifty-two week high of $89.39.

Analyst Ratings Changes

Several research firms have recently weighed in on Z. Jefferies Financial Group increased their price objective on Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Baird R W raised shares of Zillow Group to a “hold” rating in a report on Friday, January 31st. Needham & Company LLC restated a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Morgan Stanley increased their target price on shares of Zillow Group from $60.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Finally, Bank of America boosted their price target on Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Zillow Group has a consensus rating of “Moderate Buy” and an average price target of $78.67.

Insider Activity

In other news, General Counsel Bradley D. Owens sold 1,212 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $73.98, for a total value of $89,663.76. Following the completion of the transaction, the general counsel now owns 31,739 shares in the company, valued at approximately $2,348,051.22. The trade was a 3.68 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO David A. Beitel sold 56,750 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $72.39, for a total value of $4,108,132.50. Following the sale, the chief technology officer now owns 92 shares in the company, valued at approximately $6,659.88. This trade represents a 99.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 164,689 shares of company stock worth $12,520,379. Company insiders own 23.76% of the company’s stock.

Zillow Group Company Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.