CoStar Group, Inc. (NASDAQ:CSGP) Receives Average Recommendation of “Moderate Buy” from Brokerages

CoStar Group, Inc. (NASDAQ:CSGP) has received a consensus rating of “Moderate Buy” from the twenty research firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $51.50.

Several brokerages have commented on CSGP. Wall Street Zen lowered CoStar Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Wells Fargo & Company set a $26.00 target price on shares of CoStar Group and gave the stock an “underweight” rating in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $44.00 price target on shares of CoStar Group in a research note on Thursday, April 30th. Stephens lowered their price target on shares of CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Finally, The Goldman Sachs Group set a $46.00 price objective on shares of CoStar Group and gave the stock a “buy” rating in a research note on Thursday, June 25th.

CoStar Group Stock Down 4.0%

CSGP stock opened at $28.50 on Friday. CoStar Group has a fifty-two week low of $26.68 and a fifty-two week high of $97.43. The business’s 50 day moving average price is $31.26 and its two-hundred day moving average price is $41.96. 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 capitalization of $11.64 billion, a price-to-earnings ratio of 475.08, a price-to-earnings-growth ratio of 0.76 and a beta of 0.74.

CoStar Group (NASDAQ:CSGP) last released its 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 company had revenue of $897.00 million during the quarter, compared to analysts’ expectations of $896.73 million. During the same quarter last year, the business posted ($0.04) EPS. The firm’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. As a group, analysts forecast that CoStar Group will post 1.03 earnings per share for the current fiscal year.

Insider Activity

In other CoStar Group news, CEO Andrew C. Florance bought 71,430 shares of the stock in a transaction dated Friday, May 1st. The stock was purchased at an average cost of $35.20 per share, for a total transaction of $2,514,336.00. Following the completion of the acquisition, the chief executive officer owned 1,722,865 shares of the company’s stock, valued at approximately $60,644,848. This trade represents a 4.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.18% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CSGP. United Capital Financial Advisors LLC lifted its stake in shares of CoStar Group by 2.3% in the 3rd quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock valued at $637,000 after purchasing an additional 167 shares during the last quarter. Man Group plc increased its position in shares of 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 last quarter. 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 period. Wealth Enhancement Advisory Services LLC raised its holdings 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. Finally, Allworth Financial LP lifted its position in CoStar Group by 6.5% in the third quarter. Allworth Financial LP now owns 3,745 shares of the technology company’s stock worth $316,000 after buying an additional 228 shares during the last quarter. Hedge funds and other 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.