CoStar Group, Inc. (NASDAQ:CSGP) Given Consensus Recommendation of “Hold” by Analysts

CoStar Group, Inc. (NASDAQ:CSGP) has been assigned an average recommendation of “Hold” from the twenty brokerages that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $41.6111.

Several brokerages have recently commented on CSGP. Citigroup lowered CoStar Group from a “market outperform” rating to a “neutral” rating and reduced their price objective for the company from $70.00 to $33.00 in a research report on Wednesday, July 29th. Citizens Jmp dropped their target price on CoStar Group from $44.00 to $35.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 29th. William Blair lowered CoStar Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a research report on Thursday, April 30th. Finally, Stephens decreased their price target on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a research note on Monday, May 4th.

CoStar Group Stock Down 3.2%

Shares of NASDAQ:CSGP opened at $31.35 on Tuesday. CoStar Group has a 52-week low of $25.89 and a 52-week high of $91.89. The firm has a fifty day moving average of $30.04 and a 200 day moving average of $37.38. The firm has a market capitalization of $12.70 billion, a PE ratio of 165.01, a price-to-earnings-growth ratio of 0.85 and a beta of 0.72. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The business had revenue of $925.00 million for the quarter, compared to analysts’ expectations of $928.81 million. During the same quarter in the prior year, the firm earned $0.17 earnings per share. The firm’s revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, research analysts anticipate that CoStar Group will post 1.06 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $30.78, for a total transaction of $147,374.64. Following the transaction, the chief accounting officer owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. This trade represents a 20.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andrew C. Florance bought 83,300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of $29.89 per share, for a total transaction of $2,489,837.00. Following the transaction, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.18% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CSGP. Integrated Wealth Concepts LLC boosted its holdings in CoStar Group by 9.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after acquiring an additional 426 shares during the period. NewEdge Advisors LLC increased its stake in CoStar Group by 727.5% in the 1st quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock worth $117,000 after purchasing an additional 1,295 shares during the period. Jones Financial Companies Lllp increased its stake in CoStar Group by 860.7% in the 1st quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock worth $1,006,000 after purchasing an additional 11,370 shares during the period. Empowered Funds LLC lifted its position in CoStar Group by 9.2% in the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock valued at $629,000 after purchasing an additional 666 shares during the last quarter. Finally, Woodline Partners LP lifted its position in CoStar Group by 44.6% in the first quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock valued at $2,821,000 after purchasing an additional 10,984 shares during the last quarter. 96.60% of the stock is owned by institutional investors.

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.