CoStar Group (NASDAQ:CSGP) Issues Quarterly Earnings Results

CoStar Group (NASDAQ:CSGP) posted its quarterly earnings results on Tuesday. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03, FiscalAI reports. The firm had revenue of $925.00 million for the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%. CoStar Group updated its Q3 2026 guidance to 0.310-0.340 EPS and its FY 2026 guidance to 1.320-1.390 EPS.

CoStar Group Stock Up 4.0%

CoStar Group stock traded up $1.16 during trading on Tuesday, hitting $30.33. 9,368,236 shares of the company were exchanged, compared to its average volume of 7,216,096. The company has a market capitalization of $12.39 billion, a P/E ratio of 505.58, a PEG ratio of 0.71 and a beta of 0.74. The business’s 50 day moving average is $30.90 and its 200 day moving average is $40.87. CoStar Group has a 52 week low of $26.68 and a 52 week high of $97.43. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CSGP shares. Citigroup dropped their target price on shares of CoStar Group from $100.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Wall Street Zen raised CoStar Group from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a report on Wednesday, June 24th. Benchmark started coverage on CoStar Group in a research report on Thursday, June 4th. They set a “buy” rating and a $45.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $44.00 target price on CoStar Group in a report on Thursday, April 30th. Twelve equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.50.

Key Stories Impacting CoStar Group

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: CoStar reported quarterly EPS of $0.32, exceeding the consensus estimate of $0.29. Revenue reached $925 million, an 18% increase from the prior year, although it was slightly below the $928.8 million estimate. CoStar Group earnings press release
• Positive Sentiment: The company described the second quarter as a profitability inflection, highlighting an 817% increase in net income and more than a doubling of adjusted EBITDA year over year. Net new bookings also rose 3% sequentially to $69 million, supporting expectations for continued business growth. CoStar Group Q2 2026 results
• Positive Sentiment: Full-year 2026 EPS guidance of $1.32–$1.39 is above the $1.29 analyst consensus, signaling management expects better annual profitability than currently modeled.
• Neutral Sentiment: Investor optimism ahead of earnings, bargain hunting after the stock’s sharp decline from its 52-week high, and reported insider purchases likely contributed to the recent buying interest. These signals are supportive but are less important than the company’s operating results and guidance.
• Negative Sentiment: CoStar’s third-quarter EPS guidance of $0.31–$0.34 falls below the $0.36 consensus estimate, while revenue guidance of $935–$945 million is well below the $970.1 million forecast. Full-year revenue guidance of $3.7–$3.8 billion also has a midpoint below the $3.8 billion consensus, raising concerns about near-term growth and execution.

Insiders Place Their Bets

In related news, CEO Andrew C. Florance acquired 71,430 shares of the company’s stock in a transaction 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 purchase, the chief executive officer owned 1,722,865 shares in the company, valued at approximately $60,644,848. The trade was a 4.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.18% of the company’s stock.

Institutional Trading of CoStar Group

Several institutional investors have recently made changes to their positions in the company. DV Equities LLC purchased a new stake in shares of CoStar Group in the fourth quarter valued at about $40,000. Caitong International Asset Management Co. Ltd boosted its holdings in CoStar Group by 25,650.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after purchasing an additional 513 shares during the last quarter. JPL Wealth Management LLC purchased a new position in CoStar Group during the third quarter worth about $48,000. Pin Oak Investment Advisors Inc. grew its position in CoStar Group by 117.0% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 1,033 shares of the technology company’s stock worth $69,000 after purchasing an additional 557 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in CoStar Group by 144.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 865 shares of the technology company’s stock worth $69,000 after purchasing an additional 511 shares in the last quarter. 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.