CoStar Group (NASDAQ:CSGP) Releases Q3 2026 Earnings Guidance

CoStar Group (NASDAQ:CSGP) issued an update on its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.310-0.340 for the period, compared to the consensus earnings per share estimate of 0.360. The company issued revenue guidance of $935.0 million-$945.0 million, compared to the consensus revenue estimate of $970.1 million. CoStar Group also updated its FY 2026 guidance to 1.320-1.390 EPS.

CoStar Group Price Performance

CSGP traded up $1.16 on Tuesday, reaching $30.33. The company had a trading volume of 9,040,172 shares, compared to its average volume of 7,199,859. 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 company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average of $30.90 and a 200-day moving average of $40.87. CoStar Group has a one year low of $26.68 and a one year high of $97.43.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. 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, equities research analysts anticipate that CoStar Group will post 1.03 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CSGP shares. JPMorgan Chase & Co. dropped their target price on CoStar Group from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. BTIG Research reiterated a “buy” rating and set a $55.00 price target on shares of CoStar Group in a research report on Wednesday, April 29th. Robert W. Baird set a $34.00 price objective on CoStar Group and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Bank of America cut their price objective on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Finally, Needham & Company LLC decreased their target price on CoStar Group from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Twelve investment 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, CoStar Group has an average rating of “Moderate Buy” and an average price target of $51.50.

Insider Buying and Selling

In other CoStar Group news, CEO Andrew C. Florance bought 71,430 shares of CoStar Group stock in a transaction that occurred on 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 represents a 4.33% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.18% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CoStar Group

A number of institutional investors and hedge funds have recently modified their holdings of CSGP. Integrated Wealth Concepts LLC grew its holdings in shares of CoStar Group by 9.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock worth $379,000 after acquiring an additional 426 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of CoStar Group by 727.5% during the first quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock valued at $117,000 after purchasing an additional 1,295 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of CoStar Group by 860.7% in the 1st quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock valued at $1,006,000 after purchasing an additional 11,370 shares during the period. Empowered Funds LLC increased its stake in CoStar Group by 9.2% in the 1st quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock worth $629,000 after purchasing an additional 666 shares in the last quarter. Finally, Woodline Partners LP increased its stake in CoStar Group by 44.6% in the 1st quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock worth $2,821,000 after purchasing an additional 10,984 shares in the last quarter. Institutional investors and hedge funds 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.