CoStar Group, Inc. (NASDAQ:CSGP) Given Average Recommendation of “Hold” by Brokerages

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have been assigned a consensus recommendation of “Hold” from the twenty analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $41.6111.

CSGP has been the topic of several recent research reports. Wolfe Research reaffirmed an “outperform” rating and set a $32.00 target price (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th. Citigroup cut shares of CoStar Group from a “market outperform” rating to a “neutral” rating and decreased their price target for the company from $70.00 to $33.00 in a research report on Wednesday, July 29th. Benchmark began coverage on shares of CoStar Group in a research note on Thursday, June 4th. They issued a “buy” rating and a $45.00 price target for the company. Royal Bank Of Canada set a $34.00 price objective on CoStar Group and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th.

Insider Activity

In other news, CAO Cynthia Cammett Cann sold 4,788 shares of CoStar Group stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares in the company, valued at approximately $579,341.16. This trade represents a 20.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew C. Florance acquired 83,300 shares of the stock in a transaction dated Tuesday, August 4th. The shares were bought at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the transaction, the chief executive officer owned 1,806,165 shares of the company’s stock, valued at approximately $53,986,271.85. This represents a 4.83% increase in their position. The SEC filing for this purchase provides additional information. 1.18% of the stock is owned by corporate insiders.

Institutional Trading of CoStar Group

Several hedge funds have recently added to or reduced their stakes in the company. Reflection Asset Management acquired a new stake in shares of CoStar Group in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of CoStar Group during the 4th quarter worth $29,000. DV Equities LLC acquired a new position in shares of CoStar Group during the fourth quarter worth $40,000. IFP Advisors Inc grew its stake in shares of CoStar Group by 329.4% during the fourth quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock worth $41,000 after purchasing an additional 471 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in CoStar Group by 25,650.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after buying an additional 513 shares during the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

CoStar Group Price Performance

CSGP opened at $32.38 on Tuesday. The stock’s 50-day moving average price is $30.08 and its 200 day moving average price is $37.82. CoStar Group has a 12-month low of $25.89 and a 12-month high of $91.89. The firm has a market cap of $13.12 billion, a price-to-earnings ratio of 170.43, a PEG ratio of 0.85 and a beta of 0.72. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The company had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. During the same period in the previous year, the company posted $0.17 EPS. CoStar Group’s revenue was up 18.4% compared to the same quarter last year. 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, sell-side analysts expect that CoStar Group will post 1.06 earnings per share for the current year.

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.