Zillow Group (NASDAQ:ZG – Get Free Report) is set to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Zillow Group to post earnings of $0.35 per share for the quarter. Zillow Group has set its Q1 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.
Zillow Group (NASDAQ:ZG – Get Free Report) last released its earnings results on Tuesday, February 13th. The technology company reported ($0.27) EPS for the quarter, topping the consensus estimate of ($0.33) by $0.06. Zillow Group had a negative return on equity of 2.32% and a negative net margin of 8.12%. The business had revenue of $474.00 million for the quarter, compared to the consensus estimate of $450.75 million. On average, analysts expect Zillow Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Zillow Group Trading Up 4.0 %
Zillow Group stock opened at $43.18 on Wednesday. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 0.22. The business’s fifty day simple moving average is $49.22 and its two-hundred day simple moving average is $47.66. Zillow Group has a 12 month low of $33.23 and a 12 month high of $59.23. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of -63.50 and a beta of 1.83.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on Zillow Group
Insider Activity at Zillow Group
In related news, Director Amy Bohutinsky sold 93,750 shares of the company’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $56.69, for a total transaction of $5,314,687.50. Following the completion of the sale, the director now owns 5,652 shares in the company, valued at $320,411.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Zillow Group news, Director Amy Bohutinsky sold 93,750 shares of the company’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $56.69, for a total value of $5,314,687.50. Following the completion of the sale, the director now owns 5,652 shares in the company, valued at $320,411.88. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, General Counsel Bradley D. Owens sold 966 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $58.01, for a total value of $56,037.66. Following the completion of the sale, the general counsel now owns 17,181 shares of the company’s stock, valued at approximately $996,669.81. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 171,289 shares of company stock worth $9,642,508. 17.14% of the stock is owned by insiders.
Zillow Group Company Profile
Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.
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