CoStar Group, Inc. (NASDAQ:CSGP) Given Average Rating of “Moderate Buy” by Brokerages

CoStar Group, Inc. (NASDAQ:CSGP) has been given an average rating of “Moderate Buy” by the nineteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment 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 target price among brokers that have issued ratings on the stock in the last year is $58.1176.

Several analysts recently weighed in on the stock. Citigroup reduced their target price on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Keefe, Bruyette & Woods cut their price objective on shares of CoStar Group from $57.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. BTIG Research reissued a “buy” rating and set a $55.00 price objective on shares of CoStar Group in a report on Wednesday, April 29th. Wells Fargo & Company cut their price objective on shares of CoStar Group from $40.00 to $33.00 and set an “underweight” rating on the stock in a report on Thursday, April 30th. Finally, Jefferies Financial Group raised shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a report on Friday, February 20th.

CoStar Group Stock Down 6.3%

Shares of NASDAQ:CSGP opened at $32.77 on Friday. The firm’s 50 day moving average price is $40.92 and its 200 day moving average price is $55.94. The stock has a market cap of $13.38 billion, a price-to-earnings ratio of 546.26, a price-to-earnings-growth ratio of 0.84 and a beta of 0.75. CoStar Group has a fifty-two week low of $32.71 and a fifty-two week high of $97.43. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The firm’s revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the company earned ($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 research analysts predict that CoStar Group will post 1.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Louise S. Sams acquired 1,000 shares of the business’s stock in a transaction on Friday, March 6th. The shares were bought at an average price of $48.36 per share, with a total value of $48,360.00. Following the completion of the acquisition, the director owned 20,409 shares in the company, valued at $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Andrew C. Florance acquired 71,430 shares of the business’s stock in a transaction on Friday, May 1st. The shares were bought at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the acquisition, 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 disclosure for this purchase is available in the SEC filing. 1.09% of the stock is currently owned by company insiders.

Institutional Trading of CoStar Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CSGP. Integrated Wealth Concepts LLC grew its position in shares of CoStar Group by 9.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock worth $379,000 after acquiring an additional 426 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of CoStar Group by 727.5% during the first quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock worth $117,000 after acquiring an additional 1,295 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of CoStar Group by 860.7% during the first quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock worth $1,006,000 after acquiring an additional 11,370 shares during the last quarter. Empowered Funds LLC grew its position in shares of CoStar Group by 9.2% during the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock worth $629,000 after acquiring an additional 666 shares during the last quarter. Finally, Woodline Partners LP grew its position in shares of CoStar Group by 44.6% during the first quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock worth $2,821,000 after acquiring an additional 10,984 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

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.