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

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have been given a consensus recommendation of “Moderate Buy” by the twenty brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $54.50.

CSGP has been the subject of a number of analyst reports. Benchmark initiated coverage on shares of CoStar Group in a report on Thursday, June 4th. They set a “buy” rating and a $45.00 target price for the company. Citigroup reduced their price target on CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Robert W. Baird decreased their price objective on CoStar Group from $73.00 to $56.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Needham & Company LLC dropped their price objective on CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Bank of America cut their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th.

Insider Activity at CoStar Group

In other news, CEO Andrew C. Florance purchased 71,430 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the transaction, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. The trade was a 4.33% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 1.18% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CoStar Group

Large investors have recently bought and sold shares of the company. Ramiah Investment Group boosted its position in shares of CoStar Group by 32.1% during the first quarter. Ramiah Investment Group now owns 7,217 shares of the technology company’s stock worth $291,000 after purchasing an additional 1,755 shares in the last quarter. Glenmede Trust Co. NA increased its position in shares of CoStar Group by 168.8% in the 1st quarter. Glenmede Trust Co. NA now owns 207,031 shares of the technology company’s stock valued at $8,352,000 after buying an additional 129,997 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in CoStar Group during the 1st quarter worth $1,089,000. Liontrust Investment Partners LLP raised its stake in CoStar Group by 23.8% during the 1st quarter. Liontrust Investment Partners LLP now owns 35,058 shares of the technology company’s stock worth $1,414,000 after buying an additional 6,734 shares during the period. Finally, Bank of America Corp DE lifted its holdings in CoStar Group by 1.8% during the first quarter. Bank of America Corp DE now owns 3,568,107 shares of the technology company’s stock worth $143,937,000 after acquiring an additional 63,295 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

CoStar Group Stock Performance

CoStar Group stock opened at $30.25 on Monday. The company has a market cap of $12.35 billion, a PE ratio of 504.25, a PEG ratio of 0.74 and a beta of 0.72. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. CoStar Group has a 1 year low of $28.54 and a 1 year high of $97.43. The company’s 50-day moving average is $33.64 and its two-hundred day moving average is $46.56.

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

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.