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

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have received an average rating of “Moderate Buy” from the nineteen brokerages that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $55.9412.

A number of research analysts have weighed in on the stock. Robert W. Baird decreased their price objective on shares of CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. JPMorgan Chase & Co. decreased their price objective on shares of CoStar Group from $82.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of CoStar Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. BMO Capital Markets reduced their price target on shares of CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a research report on Thursday, February 26th. Finally, Zacks Research raised shares of CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th.

CoStar Group Trading Up 5.2%

Shares of CoStar Group stock opened at $33.86 on Thursday. The firm has a 50-day simple moving average of $36.71 and a two-hundred day simple moving average of $51.23. The company has a market cap of $13.83 billion, a P/E ratio of 564.43, a price-to-earnings-growth ratio of 0.83 and a beta of 0.72. CoStar Group has a fifty-two week low of $31.35 and a fifty-two week high of $97.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. The business had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, equities analysts predict that CoStar Group will post 1.03 earnings per share for the current fiscal year.

Insider Transactions at CoStar Group

In related news, CEO Andrew C. Florance purchased 71,430 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the purchase, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at $60,644,848. This represents a 4.33% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Louise S. Sams purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $48.36 per share, for a total transaction of $48,360.00. Following the completion of the purchase, the director directly owned 20,409 shares in the company, valued at $986,979.24. This represents a 5.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.09% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CSGP. Reflection Asset Management purchased a new position in CoStar Group in the 4th quarter valued at about $27,000. Lloyd Advisory Services LLC. acquired a new stake in CoStar Group in the 4th quarter valued at about $29,000. Westside Investment Management Inc. raised its holdings in 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 acquiring an additional 180 shares during the last quarter. Root Financial Partners LLC acquired a new stake in CoStar Group in the 3rd quarter valued at about $31,000. Finally, DV Equities LLC acquired a new stake in CoStar Group in the 4th quarter valued at about $40,000. 96.60% of the stock is owned by hedge funds and other 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.