Previous Close | 37.17 |
Open | 37.67 |
Bid | 38.00 x N/A |
Ask | 38.08 x N/A |
Day's Range | 37.67 - 37.67 |
52 Week Range | 33.56 - 53.95 |
Volume | |
Avg. Volume | 1 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Online real estate company Zillow (Z) has issued cautious second quarter guidance as first-time homebuyer activity tumbles amid interest rate spikes. Zillow CFO Jeremy Hofmann tells Julie Hyman that the company expects housing to remain roughly flat in 2024 as affordability continues to pose a challenge to homebuyers. He explains that Zillow seeks to become a "housing super-app," providing users with rental and selling options alongside home and land options. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Shares of Zillow Group (Z, ZG) are falling sharply in after-hours trading. The company reported first quarter adjusted earnings of $0.36, topping estimates of $0.28. Revenue of $529 million beat Street expectations of $508.9 million. The second quarter revenue forecast, however, was a disappointment. Zillow sees revenue in a range of $525 million to $540 million in the quarter. Analysts had been expecting $559.2 million. Yahoo Finance's Akiko Fujita and Josh Lipton break down the real estate company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
The Federal Reserve Open Market Committee has left its fed funds target range unchanged. In its statement, the Committee says there has been a "lack of further progress" in bringing inflation down to its 2% target. Earnings are also driving the action on Wall Street with the likes of Qualcomm (QCOM), Etsy (ETSY), MGM Resorts (MGM), and Zillow (Z) set to report. Trending tickers on Yahoo Finance include Starbucks (SBUX), Super Micro Computer (SMCI), and CVS Health (CVS). Top guests today include: 2:00 p.m. ET - Steven Wieting, Citi Wealth Chief Investment Strategist and Chief Economist 2:10 p.m. ET - Ann Berry, Threadneedle Ventures Founder, and Jeff Klingelhofer, Thornburg Investment Management Co-Head of Investments and Portfolio Manager 2:20 p.m. ET - Gary Stern, Former Federal Reserve Bank of Minneapolis President and CEO 3:20 p.m. ET - Michael Darda, Roth MKM Partners Chief Economist & Macro Strategist 4:20 p.m. ET - Mona Mahajan, Edward Jones Senior Investment Strategist 4:50 p.m. ET - Dave Stephenson, Airbnb Chief Business Officer