CoStar Group (NASDAQ:CSGP) Reaches New 1-Year Low – Here’s Why

CoStar Group, Inc. (NASDAQ:CSGP)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $40.78 and last traded at $41.46, with a volume of 4556838 shares. The stock had previously closed at $42.91.

Analyst Upgrades and Downgrades

CSGP has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft set a $68.00 target price on CoStar Group in a research report on Thursday, January 8th. Royal Bank Of Canada reduced their price target on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 25th. BTIG Research set a $60.00 price target on CoStar Group and gave the company a “buy” rating in a research note on Thursday, February 26th. Citizens Jmp lowered their price objective on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating for the company in a research report on Wednesday, February 25th. Finally, Zacks Research raised CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoStar Group currently has an average rating of “Moderate Buy” and an average target price of $72.76.

CoStar Group Price Performance

The firm has a market cap of $17.40 billion, a P/E ratio of 4,150.15, a P/E/G ratio of 1.15 and a beta of 0.89. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. The business’s 50 day moving average is $51.61 and its two-hundred day moving average is $65.40.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The business had revenue of $899.90 million for the quarter, compared to analysts’ expectations of $892.22 million. During the same quarter in the prior year, the firm posted $0.26 earnings per share. The business’s quarterly revenue was up 26.9% compared to the same quarter last year. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. As a group, analysts anticipate that CoStar Group, Inc. will post 0.94 earnings per share for the current year.

CoStar Group declared that its Board of Directors has initiated a share repurchase plan on Wednesday, January 7th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the technology company to purchase up to 5.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at CoStar Group

In other CoStar Group news, Director Louise S. Sams bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of $48.36 per share, for a total transaction of $48,360.00. Following the transaction, the director directly owned 20,409 shares in the company, valued at approximately $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.09% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CoStar Group

Several institutional investors have recently added to or reduced their stakes in the business. Enhancing Capital LLC increased its stake in shares of CoStar Group by 2.2% in the 3rd quarter. Enhancing Capital LLC now owns 7,030 shares of the technology company’s stock valued at $593,000 after acquiring an additional 150 shares in the last quarter. Rossby Financial LCC boosted its stake in CoStar Group by 47.5% during the third quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after acquiring an additional 162 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in CoStar Group by 4.8% in the third quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company’s stock worth $306,000 after purchasing an additional 166 shares during the period. Zions Bancorporation National Association UT grew its holdings in CoStar Group by 41.8% in the third quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock worth $48,000 after purchasing an additional 166 shares during the period. Finally, United Capital Financial Advisors LLC increased its stake in CoStar Group by 2.3% in the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock valued at $637,000 after purchasing an additional 167 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

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.