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

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have received an average recommendation of “Moderate Buy” from the nineteen ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $72.7647.

CSGP has been the subject of a number of recent analyst reports. Robert W. Baird set a $73.00 price target on CoStar Group in a report on Wednesday, February 25th. Jefferies Financial Group raised CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research note on Friday, February 20th. BTIG Research set a $60.00 target price on CoStar Group and gave the stock a “buy” rating in a report on Thursday, February 26th. BMO Capital Markets lowered their target price on CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a research note on Thursday, February 26th. Finally, Keefe, Bruyette & Woods cut their price target on CoStar Group from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th.

CoStar Group Trading Up 0.2%

Shares of CSGP stock opened at $42.92 on Friday. The company has a market capitalization of $18.02 billion, a P/E ratio of 4,295.90, a P/E/G ratio of 1.15 and a beta of 0.89. CoStar Group has a 12-month low of $41.84 and a 12-month high of $97.43. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of $52.34 and a 200 day moving average price of $66.37.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The company had revenue of $899.90 million during the quarter, compared to analyst estimates of $892.22 million. During the same quarter last year, the business posted $0.26 earnings per share. The company’s revenue was up 26.9% on a year-over-year basis. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Research analysts forecast that CoStar Group will post 0.94 earnings per share for the current fiscal year.

CoStar Group announced that its board has authorized a stock repurchase plan on Wednesday, January 7th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the technology company to reacquire up to 5.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at CoStar Group

In related news, Director Louise S. Sams bought 1,000 shares of the company’s stock in a transaction on Friday, March 6th. The stock was bought at an average cost of $48.36 per share, with a total value of $48,360.00. Following the completion of the purchase, the director owned 20,409 shares in the company, valued at approximately $986,979.24. The trade was a 5.15% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 1.09% of the company’s stock.

Institutional Trading of CoStar Group

A number of hedge funds and other institutional investors have recently modified their holdings of CSGP. Quent Capital LLC acquired a new position in CoStar Group during the 3rd quarter worth $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of CoStar Group in the 3rd quarter valued at $28,000. Westside Investment Management Inc. increased its stake in shares of CoStar Group by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock valued at $30,000 after buying an additional 180 shares during the period. Root Financial Partners LLC bought a new stake in shares of CoStar Group during the third quarter worth $31,000. Finally, Reflection Asset Management bought a new stake in shares of CoStar Group during the fourth quarter worth $27,000. Institutional investors and hedge funds own 96.60% of the company’s stock.

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.