Zillow Group (NASDAQ:ZG) Releases Earnings Results, Misses Estimates By $0.24 EPS

Zillow Group (NASDAQ:ZG) issued its quarterly earnings data on Wednesday. The technology company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.24), Zacks reports. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.

Zillow Group Price Performance

ZG stock traded down $0.14 during midday trading on Wednesday, hitting $36.89. The stock had a trading volume of 1,395,993 shares, compared to its average volume of 1,185,493. Zillow Group has a 12-month low of $29.03 and a 12-month high of $90.22. The company’s 50-day moving average price is $33.22 and its 200 day moving average price is $42.05. The firm has a market cap of $8.44 billion, a PE ratio of 147.56, a price-to-earnings-growth ratio of 1.53 and a beta of 1.95.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Mizuho lowered their target price on Zillow Group from $65.00 to $53.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Canaccord Genuity Group cut their price target on Zillow Group from $72.00 to $52.00 and set a “hold” rating for the company in a report on Thursday, May 7th. Zacks Research upgraded Zillow Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. The Goldman Sachs Group decreased their price objective on Zillow Group from $53.00 to $40.00 and set a “neutral” rating on the stock in a research note on Friday, June 12th. Finally, UBS Group dropped their price objective on Zillow Group from $75.00 to $50.00 and set a “buy” rating for the company in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $67.90.

Insiders Place Their Bets

In other Zillow Group news, General Counsel Bradley D. Owens sold 3,364 shares of Zillow Group stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $37.23, for a total value of $125,241.72. Following the completion of the sale, the general counsel owned 65,245 shares in the company, valued at $2,429,071.35. The trade was a 4.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jeremy Wacksman sold 9,072 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $36.54, for a total transaction of $331,490.88. Following the transaction, the chief executive officer directly owned 153,699 shares of the company’s stock, valued at approximately $5,616,161.46. This represents a 5.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 42,910 shares of company stock valued at $1,605,732. 29.88% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Zillow Group

Several hedge funds have recently modified their holdings of the stock. Tiger Global Management LLC increased its position in Zillow Group by 30.7% during the fourth quarter. Tiger Global Management LLC now owns 1,023,733 shares of the technology company’s stock worth $69,849,000 after purchasing an additional 240,690 shares during the last quarter. UBS Group AG grew its stake in shares of Zillow Group by 18.2% during the 3rd quarter. UBS Group AG now owns 704,805 shares of the technology company’s stock valued at $52,466,000 after buying an additional 108,600 shares during the period. Wellington Management Group LLP grew its stake in shares of Zillow Group by 60.1% during the 3rd quarter. Wellington Management Group LLP now owns 557,735 shares of the technology company’s stock valued at $41,518,000 after buying an additional 209,312 shares during the period. Virtu Financial LLC increased its holdings in shares of Zillow Group by 271.9% during the 3rd quarter. Virtu Financial LLC now owns 293,718 shares of the technology company’s stock worth $21,864,000 after buying an additional 214,743 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Zillow Group by 110.8% during the 1st quarter. Millennium Management LLC now owns 290,999 shares of the technology company’s stock worth $19,456,000 after buying an additional 152,955 shares during the last quarter. 20.32% of the stock is owned by institutional investors and hedge funds.

Zillow Group News Roundup

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

• Positive Sentiment: KeyBanc maintained its Buy rating on Zillow Group Class A shares, signaling continued confidence in the company’s longer-term outlook despite recent volatility. KeyBanc Sticks to Their Buy Rating for Zillow Group Class A
• Neutral Sentiment: KeyCorp issued a pessimistic stock-price forecast for Zillow Group. The report adds caution from the analyst community, although the specific forecast details were not provided in the article. KeyCorp Issues Pessimistic Forecast for Zillow Group Stock Price
• Negative Sentiment: Zillow eliminated more than 500 jobs, or roughly 7% of its workforce. The cuts, described as the company’s largest layoff of the year, occurred immediately before its quarterly earnings report and may raise concerns about operating conditions and growth prospects, even though they could reduce costs. Zillow cuts more than 500 jobs in its largest layoff of the year
• Negative Sentiment: Multiple law firms are promoting securities-fraud class actions against Zillow Group (ZG and Z) over alleged disclosures related to an anticompetitive agreement with Redfin and associated regulatory risks. The allegations followed a previously reported stock decline of more than 16%, and investors have until August 10, 2026, to seek lead-plaintiff status. The litigation could create legal costs, reputational damage, and additional regulatory uncertainty. Zillow Anticompetitive Agreement Leads to Stock Drop and Securities Fraud Class Action Rosen Zillow Securities Class Action Deadline

About Zillow Group

Zillow Group (NASDAQ:ZG) is a U.S.-based online real estate marketplace that connects consumers, real estate professionals and mortgage lenders through a suite of digital products and advertising services. Founded in 2006 by Rich Barton and Lloyd Frink and headquartered in Seattle, Washington, the company operates a portfolio of consumer-facing brands and tools designed to simplify home search, rental discovery, valuation and mortgage shopping.

Zillow’s core products include its consumer websites and mobile apps that list homes for sale and rent, the Zestimate automated home value estimate, and marketplaces that connect buyers and renters with agents and lenders.