Shares of CoStar Group, Inc. (NASDAQ:CSGP – Get Free Report) have received an average recommendation of “Hold” from the twenty ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $40.11.
A number of brokerages have recently issued reports on CSGP. Wall Street Zen lowered CoStar Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Citigroup cut CoStar Group from a “market outperform” rating to a “neutral” rating and reduced their price target for the stock from $70.00 to $33.00 in a research report on Wednesday, July 29th. Citizens Jmp lowered their price target on CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 29th. Royal Bank Of Canada set a $34.00 price objective on shares of CoStar Group and gave the company a “sector perform” rating in a research report on Monday, July 13th. Finally, Keefe, Bruyette & Woods downgraded shares of CoStar Group from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $41.00 to $29.00 in a report on Wednesday, July 29th.
Read Our Latest Stock Analysis on CSGP
Insiders Place Their Bets
In other CoStar Group news, CEO Andrew C. Florance acquired 83,300 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average price of $29.89 per share, for a total transaction of $2,489,837.00. Following 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $30.78, for a total transaction of $147,374.64. Following the sale, the chief accounting officer owned 18,822 shares in the company, valued at approximately $579,341.16. The trade was 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.
Hedge Funds Weigh In On CoStar Group
Several hedge funds have recently made changes to their positions in the business. Redmond Asset Management LLC boosted its stake in shares of CoStar Group by 134.9% during the 3rd quarter. Redmond Asset Management LLC now owns 37,600 shares of the technology company’s stock worth $1,030,000 after buying an additional 21,592 shares during the last quarter. Motley Fool Asset Management LLC raised its holdings in CoStar Group by 5.7% during the third quarter. Motley Fool Asset Management LLC now owns 11,462 shares of the technology company’s stock worth $314,000 after acquiring an additional 615 shares in the last quarter. Pinnacle Wealth Planning Services Inc. boosted its position in CoStar Group by 128.3% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 2,431 shares of the technology company’s stock valued at $67,000 after purchasing an additional 1,366 shares during the last quarter. Park Avenue Securities LLC boosted its position in CoStar Group by 43.6% during the third quarter. Park Avenue Securities LLC now owns 34,698 shares of the technology company’s stock valued at $951,000 after purchasing an additional 10,537 shares during the last quarter. Finally, Signaturefd LLC grew its stake in CoStar Group by 262.4% in the third quarter. Signaturefd LLC now owns 9,875 shares of the technology company’s stock valued at $271,000 after purchasing an additional 7,150 shares in the last quarter. 96.60% of the stock is owned by institutional investors.
CoStar Group Trading Down 5.0%
CoStar Group stock opened at $32.01 on Friday. The stock has a market cap of $12.97 billion, a price-to-earnings ratio of 168.48 and a beta of 0.80. The company’s 50-day moving average price is $30.56 and its two-hundred day moving average price is $37.41. CoStar Group has a 52 week low of $25.89 and a 52 week high of $78.95.
CoStar Group (NASDAQ:CSGP – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The technology company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. The company had revenue of $952.00 million for the quarter, compared to the consensus estimate of $945.82 million. During the same quarter last year, the firm posted $0.23 earnings per share. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. Research analysts expect that CoStar Group will post 1.07 earnings per share for the current fiscal year.
CoStar Group News Roundup
Here are the key news stories impacting CoStar Group this week:
- Positive Sentiment: CoStar reported record third-quarter revenue of $952 million, up approximately 14% year over year. Adjusted EPS was $0.38, ahead of the $0.34 consensus estimate, and adjusted EBITDA reached a record $229 million, roughly doubling from a year earlier. CoStar Group third-quarter results
- Positive Sentiment: Management raised full-year 2026 adjusted EBITDA guidance, and operating cash flow reportedly climbed sharply to $188 million. Net income was $74 million, reflecting a significant improvement from the prior-year period. CoStar Group Q3 2026 earnings analysis
- Neutral Sentiment: CoStar agreed to acquire Vexcel Group for approximately $730 million. The deal could expand CoStar’s geospatial imagery and 3D digital-twin capabilities, but investors will assess its integration prospects and impact on cash resources. CoStar Group to acquire Vexcel Group
- Negative Sentiment: The market reaction was pressured by concerns that the outlook was not strong enough, particularly around forward revenue or booking momentum. One report also placed quarterly revenue slightly below a higher Wall Street estimate, despite other consensus measures showing a beat. CoStar Q3 2026 guidance analysis
- Negative Sentiment: GAAP profitability remained mixed: diluted EPS was reported at $0.18 and operating profit was $84 million, with both figures down year over year in one data summary. This creates a contrast with the stronger adjusted results and may have contributed to investor caution. CoStar stock reaction to Q3 earnings
CoStar Group Company Profile
CoStar Group, Inc is a provider of information, analytics, and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes, and distributes property and market data to real estate professionals, investors, lenders, and other businesses.
Its brands and services include CoStar, which offers commercial real estate data and research; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.
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