CoStar Group (NASDAQ:CSGP – Get Free Report) updated its first quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.160-0.190 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of $890.0 million-$900.0 million, compared to the consensus revenue estimate of $905.5 million.
Wall Street Analysts Forecast Growth
CSGP has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research report on Monday, December 29th. Jefferies Financial Group upgraded shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research note on Friday. Citizens Jmp dropped their price objective on CoStar Group from $100.00 to $78.00 and set a “market outperform” rating on the stock in a research note on Thursday, January 8th. Keefe, Bruyette & Woods decreased their target price on CoStar Group from $100.00 to $75.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Finally, BMO Capital Markets dropped their price target on CoStar Group from $77.00 to $72.00 and set a “market perform” rating on the stock in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $82.18.
Get Our Latest Stock Analysis on CSGP
CoStar Group Price Performance
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its earnings results on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.28 by $0.03. The business had revenue of $900.00 million during the quarter, compared to analysts’ expectations of $892.22 million. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, equities research analysts predict that CoStar Group will post 0.94 earnings per share for the current year.
CoStar Group announced that its board has authorized a stock buyback plan on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to buy up to 5.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.
Institutional Investors Weigh In On CoStar Group
Hedge funds have recently added to or reduced their stakes in the company. United Capital Financial Advisors LLC increased its position in shares of CoStar Group by 2.3% in the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock valued at $637,000 after acquiring an additional 167 shares during the period. Man Group plc increased its holdings in CoStar Group by 1.7% during the 2nd quarter. Man Group plc now owns 10,368 shares of the technology company’s stock valued at $834,000 after purchasing an additional 177 shares during the period. Norinchukin Bank The lifted its holdings in CoStar Group by 0.5% in the 3rd quarter. Norinchukin Bank The now owns 35,539 shares of the technology company’s stock worth $2,998,000 after buying an additional 184 shares during the period. Keel Point LLC grew its position in shares of CoStar Group by 6.4% in the 2nd quarter. Keel Point LLC now owns 3,830 shares of the technology company’s stock worth $308,000 after buying an additional 231 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC grew its position in shares of CoStar Group by 6.5% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 4,318 shares of the technology company’s stock worth $364,000 after buying an additional 262 shares during the last quarter. Institutional investors own 96.60% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than CoStar Group
- Gold Is About to Do Something It Hasn’t in 90 Years
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Man who picked 27 ten-baggers: “This is the NEW Gold Rush”
- This makes me furious
- The Foundation Behind Today’s Biggest Tech Trends
Receive News & Ratings for CoStar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoStar Group and related companies with MarketBeat.com's FREE daily email newsletter.
