CoStar Group (NASDAQ:CSGP) Sets New 1-Year Low – What’s Next?

CoStar Group, Inc. (NASDAQ:CSGP)’s share price reached a new 52-week low on Tuesday . The company traded as low as $28.46 and last traded at $28.8150, with a volume of 385531 shares changing hands. The stock had previously closed at $29.32.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CSGP shares. Keefe, Bruyette & Woods decreased their target price on shares of CoStar Group from $57.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen raised shares of CoStar Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Citigroup cut their price target on CoStar Group from $100.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. 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. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, CoStar Group has a consensus rating of “Moderate Buy” and a consensus price target of $54.50.

CoStar Group Stock Performance

The company’s 50 day moving average price is $32.99 and its 200-day moving average price is $45.61. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.20 and a current ratio of 2.20. The company has a market cap of $11.99 billion, a PE ratio of 489.41, a price-to-earnings-growth ratio of 0.73 and a beta of 0.74.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The firm had revenue of $897.00 million for the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter in the prior year, the firm earned ($0.04) EPS. The business’s revenue for the quarter was up 22.5% compared to the same quarter last year. 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. Equities research analysts anticipate that CoStar Group, Inc. will post 1.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Andrew C. Florance acquired 71,430 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 1,722,865 shares in the company, valued at approximately $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.18% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CoStar Group

Several institutional investors and hedge funds have recently made changes to their positions in CSGP. Enhancing Capital LLC boosted its stake in shares of CoStar Group by 2.2% during the third quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company’s stock valued at $593,000 after purchasing an additional 150 shares during the period. United Capital Financial Advisors LLC increased its stake 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 worth $637,000 after buying an additional 167 shares during the period. Man Group plc increased its stake in shares of CoStar Group by 1.7% in the second quarter. Man Group plc now owns 10,368 shares of the technology company’s stock worth $834,000 after buying an additional 177 shares during the period. Norinchukin Bank The raised its holdings in CoStar Group by 0.5% during the 3rd quarter. Norinchukin Bank The now owns 35,539 shares of the technology company’s stock valued at $2,998,000 after buying an additional 184 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in CoStar Group by 0.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,517 shares of the technology company’s stock valued at $1,446,000 after buying an additional 186 shares during the period. 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.