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

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have received a consensus rating of “Moderate Buy” from the twenty brokerages that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $93.3846.

A number of equities research analysts have recently issued reports on the company. Citigroup reaffirmed a “market outperform” rating on shares of CoStar Group in a research report on Monday, December 15th. Needham & Company LLC restated a “buy” rating and set a $105.00 price objective on shares of CoStar Group in a report on Monday, December 8th. Wells Fargo & Company set a $60.00 price objective on shares of CoStar Group and gave the company an “underweight” rating in a research note on Monday, November 17th. Jefferies Financial Group upgraded shares of CoStar Group to a “hold” rating in a report on Wednesday, October 29th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Monday.

CoStar Group Stock Down 2.3%

NASDAQ CSGP opened at $65.69 on Monday. CoStar Group has a 12 month low of $62.00 and a 12 month high of $97.43. The company has a market capitalization of $27.84 billion, a P/E ratio of 1,313.80, a PEG ratio of 1.45 and a beta of 0.84. The company’s 50 day simple moving average is $67.92 and its 200 day simple moving average is $79.39. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 3.12.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The firm had revenue of $833.60 million for the quarter, compared to analyst estimates of $823.62 million. During the same quarter in the previous year, the business posted $0.22 earnings per share. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. Equities research analysts expect that CoStar Group will post 0.94 earnings per share for the current fiscal year.

Institutional Trading of CoStar Group

A number of hedge funds have recently modified their holdings of the business. Mirabella Financial Services LLP raised its position in CoStar Group by 158.0% during the third quarter. Mirabella Financial Services LLP now owns 16,340 shares of the technology company’s stock valued at $1,376,000 after buying an additional 10,007 shares during the period. Allworth Financial LP boosted its position in CoStar Group by 6.5% during the 3rd quarter. Allworth Financial LP now owns 3,745 shares of the technology company’s stock worth $316,000 after acquiring an additional 228 shares during the period. Swiss Life Asset Management Ltd grew its stake in CoStar Group by 12.4% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 39,782 shares of the technology company’s stock valued at $3,356,000 after acquiring an additional 4,393 shares in the last quarter. Groupama Asset Managment acquired a new position in shares of CoStar Group in the 3rd quarter valued at about $921,000. Finally, Prana Capital Management LP lifted its position in shares of CoStar Group by 69.2% in the third quarter. Prana Capital Management LP now owns 166,491 shares of the technology company’s stock worth $14,047,000 after purchasing an additional 68,065 shares in 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.