|Bid||82.30 x 900|
|Ask||82.43 x 800|
|Day's Range||81.87 - 82.39|
|52 Week Range||54.02 - 85.37|
|Beta (5Y Monthly)||0.88|
|PE Ratio (TTM)||90.16|
|Earnings Date||Jul 25, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||86.38|
WASHINGTON, May 26, 2023--Today, CoStar Group, a leading provider of online real estate marketplaces, information and analytics in the property markets, announced that its founder and CEO Andy Florance has signed a commitment letter to set near-term and long-term science-based greenhouse gas emission reduction targets in accordance with the Science Based Targets Initiative (SBTi).
WASHINGTON, May 22, 2023--Ten-X – the world's largest online commercial real estate exchange and a CoStar Group brand – today released its second Auction Insights Report, which dives into data and trends on the multifamily sector drawn in part from sales of residential properties on the Ten-X auction platform. The report, which is proprietary to Ten-X and includes information and data not available elsewhere, finds the industry at a new crossroads with high interest rates and record-high supply
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
WASHINGTON, May 17, 2023--Today, LoopNet, a CoStar Group (NASDAQ: CSGP) company, issued the latest installment in a multi-year research effort providing insights into the commercial real estate search behavior of commercial property tenants and investors. The research was led by Market Connections, a third-party research company commissioned by LoopNet and in partnership with Google. The study polled 400 tenants and investors to determine what sources they use to search for commercial real estat
WASHINGTON, May 16, 2023--Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today was honored as one of Commercial Observer’s Power 100.
RICHMOND, Va., May 12, 2023--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced a historic partnership with Virginia Commonwealth University (VCU) to support the development of its planned Arts and Innovation Academic Building through an $18 million commitment. The project, tentatively to be named the CoStar Center for Arts and Innovation, subject to legal requirements a
After a terrible 2022, the Nasdaq has come roaring back in 2023. In April the index traded flat as fears of a recession offset better-than-expected earnings reports from big tech stocks, but some top Nasdaq stocks jumped double digits. Keep reading to see the three top-performing stocks from the Nasdaq-100 in April to see if any of them are worth buying.
Property Vista Software Inc. ("Property Vista"), an enterprise multifamily property management software solution is excited to announce its newest listing syndication partnership with Apartments.com, a CoStar Group (NASDAQ: CSGP) brand that is the premier online rental marketplace in North America. Property Vista and Apartments.com now integrate to make it easy for Property Vista's multifamily customers to promote their active rental listings on Apartments.com to reach a wider, tech-savvy audien
WASHINGTON, May 04, 2023--Today, Apartments.com – a CoStar Group online marketplace – released an in-depth report of multifamily rent growth trends for April 2023 backed by analyst observations. For the first time since the third quarter of 2021, vacancy rates did not increase, holding steady at 6.7%.
WASHINGTON, May 03, 2023--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the global hotel industry. STR Benchmarking represents the next generation of STR, with the company’s hotel data benchmarking, analytics and marketplace insights integrated into CoStar’s industry-leading information, ana
Dutch Bros, UBS, CoStar, and Semtech have been highlighted in this Screen of The Week article.
WASHINGTON, April 28, 2023--This month’s CoStar Commercial Repeat Sale Indices (CCRSI) provides the market’s first look at commercial real estate pricing trends through March 2023. Based on 1,164 sale pairs in March 2023 and more than 289,037 repeat sales since 1996, the CCRSI offers the broadest measure of commercial real estate repeat sales activity.
The correct detection and removal of toxic stocks at the correct time are crucial to overall portfolio health. You should sell BROS, UBS, CSGP and SMTC.
CoStar Group's (CSGP) first-quarter 2023 results reflect solid top-line growth, led by the Apartments.com and Multifamily business segments.
Q1 2023 CoStar Group Inc Earnings Call
CoStar (CSGP) delivered earnings and revenue surprises of 16% and 0.93%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
WASHINGTON, April 25, 2023--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended March 31, 2023 was $584 million, an increase of 13% over revenue of $516 million for the quarter ended March 31, 2022. Net income was $87 million and net income per diluted share was $0.21 for the first quarter of 2023.
CoStar Group's (CSGP) first-quarter 2023 top line is expected to have been impacted by damp consumer confidence due to challenging macroeconomic conditions, higher inflation and high supply levels.
WASHINGTON, April 10, 2023--Today, Apartments.com — a CoStar Group company — published an in-depth report of multifamily rent trends for the first quarter of 2023. The negative trends in the multifamily market persisted at the start of the year.
It is hard to get excited after looking at CoStar Group's (NASDAQ:CSGP) recent performance, when its stock has declined...
The company beat on earnings but missed on revenues, and fell victim to pessimism regarding the industrial sector.
Shares of industrial and materials stocks were getting hammered on Tuesday, with sector leaders Caterpillar (NYSE: CAT), Johnson Controls (NYSE: JCI), and Steel Dynamics (NASDAQ: STLD) all falling hard, down 5%, 4.5%, and 7.8%, respectively, as of 1:30 p.m. ET. All three companies are economically sensitive, with Caterpillar and Johnson Controls highly exposed to the level of construction spending, while Steel Dynamics also exposed to both construction and auto sales. Today, two data points indicated potentially difficult times ahead in the sector: a lower-than-expected Job Openings and Labor Turnover Survey (JOLTS) for February, as well as a massive decline in apartment building sales, as reported by CoStar Group.
WASHINGTON, April 03, 2023--Apartments.com, a CoStar Group brand (NASDAQ: CSGP), has launched a new multichannel marketing campaign that marks the brand’s largest shift to streaming video and social media to reach renters based on their evolving media consumption habits. For the first time ever, the 2023 campaign relies on streaming video as the largest investment of all awareness channels, rather than linear TV.
WASHINGTON, April 03, 2023--CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter of 2023 following the market close on Tuesday, April 25, 2023. Management will conduct a conference call to discuss the first quarter results, as well as the Company’s outlook at 5:00 PM ET that same day.
WASHINGTON, March 31, 2023--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2023 CoStar Impact Awards.