CoStar Group (NASDAQ:CSGP) Hits New 1-Year Low – Should You Sell?

CoStar Group, Inc. (NASDAQ:CSGP) shares reached a new 52-week low on Tuesday . The stock traded as low as $43.16 and last traded at $45.17, with a volume of 6340536 shares trading hands. The stock had previously closed at $44.63.

Analyst Ratings Changes

Several brokerages have commented on CSGP. BNP Paribas Exane initiated coverage on shares of CoStar Group in a research note on Wednesday, January 14th. They issued a “neutral” rating and a $64.00 price target on the stock. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a research report on Thursday, January 8th. Needham & Company LLC cut their price target on CoStar Group from $80.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Citizens Jmp reduced their price objective on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating on the stock in a research note on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.35.

CoStar Group Stock Performance

The firm has a market capitalization of $18.96 billion, a PE ratio of 4,521.52, a P/E/G ratio of 1.21 and a beta of 0.90. The business has a 50-day simple moving average of $57.99 and a 200-day simple moving average of $70.38. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.84 and a quick ratio of 2.84.

CoStar Group (NASDAQ:CSGP) last announced its earnings results on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.The firm had revenue of $900.00 million during the quarter, compared to analysts’ expectations of $892.22 million. During the same quarter in the previous year, the business earned $0.26 EPS. The company’s quarterly 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. Equities research analysts expect that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

CoStar Group announced that its Board of Directors has authorized a stock buyback plan on Wednesday, January 7th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the technology company to buy up to 5.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On CoStar Group

Several hedge funds have recently added to or reduced their stakes in CSGP. Quent Capital LLC purchased a new position in shares of CoStar Group during the third quarter valued at approximately $26,000. Reflection Asset Management bought a new stake in shares of CoStar Group during the 4th quarter worth approximately $27,000. Manning & Napier Advisors LLC purchased a new position in CoStar Group during the 3rd quarter valued at $28,000. Lloyd Advisory Services LLC. bought a new position in CoStar Group in the 4th quarter valued at $29,000. Finally, Westside Investment Management Inc. increased its stake in CoStar Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares during the period. 96.60% of the stock is currently owned by institutional investors.

About CoStar Group

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.