Zillow Group (Z) Set to Announce Quarterly Earnings on Thursday

Zillow Group (NASDAQ:ZGet Rating) will be releasing its earnings data after the market closes on Thursday, May 5th. Zillow Group has set its Q1 2022 guidance at EPS and its Q1 2022 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Zillow Group (NASDAQ:ZGet Rating) last issued its earnings results on Thursday, February 10th. The financial services provider reported ($0.74) earnings per share for the quarter. The business had revenue of $3.88 billion during the quarter. Zillow Group had a negative return on equity of 7.26% and a negative net margin of 6.48%.

Shares of Z stock opened at $39.27 on Thursday. The company has a market cap of $9.84 billion, a P/E ratio of -18.88 and a beta of 1.33. The stock has a 50 day simple moving average of $51.03 and a two-hundred day simple moving average of $59.67. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 1.98. Zillow Group has a fifty-two week low of $39.15 and a fifty-two week high of $138.10.

In other news, insider Arik Prawer sold 9,175 shares of the business’s stock in a transaction that occurred on Tuesday, February 22nd. The stock was sold at an average price of $60.22, for a total transaction of $552,518.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Dan Spaulding sold 4,000 shares of Zillow Group stock in a transaction that occurred on Friday, February 11th. The shares were sold at an average price of $54.71, for a total value of $218,840.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 35,112 shares of company stock valued at $2,099,708. Corporate insiders own 14.63% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. NEXT Financial Group Inc boosted its position in Zillow Group by 28.9% in the fourth quarter. NEXT Financial Group Inc now owns 686 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 154 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Zillow Group by 60.5% in the fourth quarter. Advisors Asset Management Inc. now owns 3,509 shares of the financial services provider’s stock worth $224,000 after purchasing an additional 1,323 shares during the last quarter. JustInvest LLC purchased a new position in Zillow Group in the fourth quarter worth $290,000. Penserra Capital Management LLC boosted its position in Zillow Group by 130.5% in the fourth quarter. Penserra Capital Management LLC now owns 11,215 shares of the financial services provider’s stock worth $532,000 after purchasing an additional 6,349 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its position in Zillow Group by 10.7% in the fourth quarter. Guggenheim Capital LLC now owns 10,685 shares of the financial services provider’s stock worth $682,000 after purchasing an additional 1,035 shares during the last quarter. 70.57% of the stock is currently owned by institutional investors.

A number of brokerages have weighed in on Z. Wolfe Research began coverage on Zillow Group in a report on Tuesday, January 4th. They issued a “market perform” rating for the company. Jefferies Financial Group lowered their target price on Zillow Group from $95.00 to $75.00 and set a “buy” rating for the company in a report on Thursday, February 3rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $130.00.

Zillow Group Company Profile (Get Rating)

Zillow Group, Inc, a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. The company operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The Homes segment is involved in resale of homes; and title and escrow services to home buyers and sellers, including title search procedures for title insurance policies, escrow, and other closing services.

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Earnings History for Zillow Group (NASDAQ:Z)

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