CoStar Group, Inc. (NASDAQ:CSGP) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have earned a consensus recommendation of “Moderate Buy” from the twenty research firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $93.3846.

Several research firms recently weighed in on CSGP. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a report on Monday. BTIG Research initiated coverage on shares of CoStar Group in a report on Friday, October 3rd. They issued a “neutral” rating for the company. Wolfe Research initiated coverage on shares of CoStar Group in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $105.00 price objective on the stock. Wells Fargo & Company set a $60.00 price objective on shares of CoStar Group and gave the company an “underweight” rating in a report on Monday, November 17th. Finally, Citigroup restated a “market outperform” rating on shares of CoStar Group in a report on Wednesday, October 29th.

Institutional Investors Weigh In On CoStar Group

A number of institutional investors have recently added to or reduced their stakes in CSGP. Allworth Financial LP grew its position in shares of CoStar Group by 6.5% in the 3rd quarter. Allworth Financial LP now owns 3,745 shares of the technology company’s stock worth $316,000 after buying an additional 228 shares during the last quarter. Swiss Life Asset Management Ltd lifted its holdings in shares of CoStar Group by 12.4% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 39,782 shares of the technology company’s stock valued at $3,356,000 after purchasing an additional 4,393 shares during the last quarter. Groupama Asset Managment acquired a new stake in shares of CoStar Group in the 3rd quarter worth $921,000. Prana Capital Management LP grew its stake in CoStar Group by 69.2% during the 3rd quarter. Prana Capital Management LP now owns 166,491 shares of the technology company’s stock worth $14,047,000 after buying an additional 68,065 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in CoStar Group in the third quarter worth about $15,629,000. Institutional investors own 96.60% of the company’s stock.

CoStar Group Price Performance

CoStar Group stock opened at $69.02 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 3.12. The stock has a market cap of $29.25 billion, a price-to-earnings ratio of 1,380.40, a price-to-earnings-growth ratio of 3.30 and a beta of 0.84. The firm has a 50-day moving average of $73.42 and a two-hundred day moving average of $80.98. CoStar Group has a 1 year low of $63.82 and a 1 year high of $97.43.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, October 28th. The technology company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The business had revenue of $833.60 million for the quarter, compared to analyst estimates of $823.62 million. During the same period last year, the company posted $0.22 earnings per share. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. On average, research analysts forecast that CoStar Group will post 0.94 earnings per share for the current year.

CoStar Group Company Profile

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.