CoStar Group, Inc. (NASDAQ:CSGP) Receives $41.61 Consensus Target Price from Analysts

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have been assigned a consensus recommendation of “Hold” from the twenty ratings firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $41.6111.

Several brokerages have commented on CSGP. Robert W. Baird set a $34.00 price target on shares of CoStar Group and gave the company a “neutral” rating in a research note on Tuesday, July 14th. BTIG Research reduced their price objective on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Stephens reduced their price objective 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. The Goldman Sachs Group restated a “buy” rating and issued a $40.00 target price on shares of CoStar Group in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada set a $34.00 target price on shares of CoStar Group and gave the company a “sector perform” rating in a research report on Monday, July 13th.

CoStar Group Stock Performance

Shares of CoStar Group stock opened at $33.05 on Tuesday. The business has a 50-day moving average of $30.11 and a 200 day moving average of $37.86. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.21 and a quick ratio of 2.21. CoStar Group has a 12 month low of $25.89 and a 12 month high of $91.89. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 173.96, a price-to-earnings-growth ratio of 0.80 and a beta of 0.72.

CoStar Group (NASDAQ:CSGP) last announced its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The business had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. During the same period in the previous year, the company posted $0.17 earnings per share. The business’s revenue for the quarter was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, sell-side analysts forecast that CoStar Group will post 1.06 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Andrew C. Florance purchased 83,300 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the acquisition, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at approximately $53,986,271.85. This trade represents a 4.83% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the transaction, the chief accounting officer directly owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. This trade represents a 20.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On CoStar Group

Several institutional investors have recently modified their holdings of the company. United Capital Financial Advisors LLC increased its stake in shares of CoStar Group by 2.3% during the 3rd quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after purchasing an additional 167 shares in the last quarter. Man Group plc lifted its stake in CoStar Group by 1.7% in the 2nd quarter. Man Group plc now owns 10,368 shares of the technology company’s stock valued at $834,000 after buying an additional 177 shares in the last quarter. Norinchukin Bank The lifted its stake in CoStar Group by 0.5% in 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 in the last quarter. Keel Point LLC grew its holdings in CoStar Group by 6.4% during the 2nd quarter. Keel Point LLC now owns 3,830 shares of the technology company’s stock valued at $308,000 after buying an additional 231 shares during the last quarter. Finally, Horizon Investments LLC grew its holdings in CoStar Group by 1.8% during the 4th quarter. Horizon Investments LLC now owns 14,079 shares of the technology company’s stock valued at $947,000 after buying an additional 247 shares during the last quarter. Hedge funds and other institutional investors 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.