CoStar Group, Inc. (NASDAQ:CSGP) Stock Has Average Price Target of $40.11

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have received a consensus rating of “Hold” from the twenty brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $40.11.

Several research firms recently commented on CSGP. BMO Capital Markets reissued a “market perform” rating and issued a $33.00 target price (up from $31.00) on shares of CoStar Group in a report on Monday, August 24th. Keefe, Bruyette & Woods downgraded CoStar Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $41.00 to $29.00 in a report on Wednesday, July 29th. Wall Street Zen cut CoStar Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. William Blair downgraded CoStar Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 29th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $32.00 price target (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th.

Insider Buying and Selling at CoStar Group

In other CoStar Group news, CAO Cynthia Cammett Cann sold 4,788 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. This represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Andrew Florance acquired 83,300 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were purchased at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the acquisition, the chief executive officer owned 1,806,165 shares of the company’s stock, valued at approximately $53,986,271.85. The trade was a 4.83% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.18% of the stock is owned by company insiders.

Institutional Trading of CoStar Group

Several institutional investors and hedge funds have recently bought and sold shares of CSGP. Reflection Asset Management purchased a new stake in shares of CoStar Group in the fourth quarter valued at about $27,000. Transamerica Financial Advisors LLC acquired a new position in CoStar Group in the 2nd quarter valued at about $33,000. IFP Advisors Inc increased its position in CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after acquiring an additional 471 shares during the period. Pin Oak Investment Advisors Inc. purchased a new stake in CoStar Group during the 2nd quarter valued at approximately $47,000. Finally, CYBER HORNET ETFs LLC grew its stake in shares of CoStar Group by 50.8% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 1,757 shares of the technology company’s stock valued at $50,000 after purchasing an additional 592 shares during the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

CoStar Group Stock Down 0.1%

CSGP stock opened at $27.63 on Wednesday. CoStar Group has a fifty-two week low of $25.89 and a fifty-two week high of $81.45. The company’s 50 day moving average price is $30.26 and its 200 day moving average price is $32.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market capitalization of $11.20 billion, a price-to-earnings ratio of 145.43, a PEG ratio of 0.71 and a beta of 0.80.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings data 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 net margin of 2.08% and a return on equity of 3.74%. The company had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. During the same period in the prior year, the firm posted $0.17 EPS. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. 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. On average, equities research analysts anticipate that CoStar Group will post 1.07 EPS for the current fiscal year.

About CoStar Group

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes and distributes property and market data used by real estate owners, brokers, investors, lenders, appraisers and other professionals to evaluate properties, track market conditions and support business decisions.

Its portfolio includes CoStar, a commercial real estate information and research platform; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.