Share Repurchase Plan Initiated by CoStar Group (NASDAQ:CSGP) Board of Directors

CoStar Group (NASDAQ:CSGP) announced that its Board of Directors has approved a share repurchase plan on Wednesday, January 7th, RTT News reports. The company plans to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to repurchase up to 5.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

CoStar Group Price Performance

NASDAQ CSGP traded down $5.54 during trading hours on Wednesday, reaching $61.66. The company’s stock had a trading volume of 13,758,338 shares, compared to its average volume of 3,650,025. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. CoStar Group has a 1 year low of $61.57 and a 1 year high of $97.43. The firm’s 50-day moving average price is $67.29 and its 200-day moving average price is $79.08. The company has a market capitalization of $26.13 billion, a price-to-earnings ratio of 1,233.20, a PEG ratio of 1.45 and a beta of 0.84.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The firm had revenue of $833.60 million during the quarter, compared to analyst estimates of $823.62 million. During the same period last year, the company earned $0.22 EPS. CoStar Group’s quarterly revenue was up 20.4% compared to the same quarter last year. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. On average, equities research analysts predict that CoStar Group will post 0.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. BTIG Research initiated coverage on shares of CoStar Group in a research report on Friday, October 3rd. They issued a “neutral” rating for the company. Raymond James Financial set a $74.00 target price on CoStar Group in a research note on Wednesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a report on Monday, December 29th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $91.00 price target on shares of CoStar Group in a report on Thursday, October 9th. Finally, Jefferies Financial Group raised CoStar Group to a “hold” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, CoStar Group presently has an average rating of “Moderate Buy” and a consensus target price of $92.00.

Key Headlines Impacting CoStar Group

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: Board-approved $1.5 billion share buyback and updated capital-allocation framework could support the stock and signal management confidence. Article Title
• Positive Sentiment: Management projects significant adjusted-EBITDA expansion in 2026 and medium term, aiming to improve margins and cash flow. Article Title
• Positive Sentiment: Analyst support: William Blair reiterated a Buy rating today, calling the combination of conservative guidance and improved capital allocation an attractive entry. Article Title
• Neutral Sentiment: Company expects ~18% y/y revenue growth in FY26 — a clear growth signal but largely consistent with management’s own outlook. Article Title
• Neutral Sentiment: FY26 EPS guidance of $1.22–$1.33 and revenue target around $3.8B are roughly in line with consensus (EPS midpoint near consensus), reflecting conservative guidance that leaves less upside for near-term estimates. Article Title
• Neutral Sentiment: Corporate governance and executive-pay changes were announced alongside the capital plan — could be viewed as shareholder-aligned but not a direct earnings driver. Article Title
• Neutral Sentiment: Coverage pieces highlight CoStar’s expanding property-analytics reach, a strategic positive for long-term market position but not an immediate earnings catalyst. Article Title
• Negative Sentiment: Homes.com will be cash-investment reduced with management planning to cut net investment by at least $100M per year until profitability in 2030 — investors view the long timeline and write‑downs as a drag on near-term upside. Article Title

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.