Q2 EPS Estimates for CoStar Group Reduced by William Blair

CoStar Group, Inc. (NASDAQ:CSGP) – Analysts at William Blair lowered their Q2 2025 earnings per share estimates for shares of CoStar Group in a note issued to investors on Wednesday, April 30th. William Blair analyst S. Sheldon now forecasts that the technology company will post earnings of $0.05 per share for the quarter, down from their prior forecast of $0.17. William Blair has a “Market Perform” rating on the stock. The consensus estimate for CoStar Group’s current full-year earnings is $0.94 per share. William Blair also issued estimates for CoStar Group’s Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $0.50 EPS and FY2026 earnings at $0.98 EPS.

Several other equities research analysts have also issued reports on CSGP. Keefe, Bruyette & Woods lifted their price objective on CoStar Group from $93.00 to $95.00 and gave the company an “outperform” rating in a research note on Wednesday, April 30th. Craig Hallum began coverage on CoStar Group in a research report on Friday, February 28th. They set a “buy” rating for the company. Needham & Company LLC upped their price objective on shares of CoStar Group from $87.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, April 30th. Royal Bank of Canada reiterated a “sector perform” rating and set a $83.00 target price on shares of CoStar Group in a research report on Thursday, April 17th. Finally, JMP Securities reissued a “market outperform” rating and issued a $85.00 price target on shares of CoStar Group in a report on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $88.31.

CoStar Group Stock Down 1.1 %

CSGP opened at $77.10 on Monday. The firm has a market capitalization of $31.62 billion, a P/E ratio of 220.29 and a beta of 0.88. CoStar Group has a one year low of $68.26 and a one year high of $92.74. The company has a fifty day moving average price of $78.28 and a 200-day moving average price of $76.20. The company has a debt-to-equity ratio of 0.13, a current ratio of 8.96 and a quick ratio of 9.63.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, February 18th. The technology company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $709.40 million during the quarter, compared to analysts’ expectations of $703.00 million. CoStar Group had a net margin of 5.07% and a return on equity of 3.11%.

CoStar Group announced that its board has approved a stock buyback program on Tuesday, February 18th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the technology company to purchase up to 1.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Insider Activity at CoStar Group

In related news, CAO Cynthia Cammett Cann sold 1,749 shares of the company’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $79.90, for a total transaction of $139,745.10. Following the completion of the sale, the chief accounting officer now directly owns 29,456 shares in the company, valued at $2,353,534.40. This represents a 5.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.57% of the stock is owned by insiders.

Institutional Investors Weigh In On CoStar Group

A number of large investors have recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in CoStar Group by 91.4% during the 3rd quarter. Barclays PLC now owns 2,249,188 shares of the technology company’s stock valued at $169,678,000 after purchasing an additional 1,073,793 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of CoStar Group during the third quarter valued at approximately $256,000. GAMMA Investing LLC increased its stake in shares of CoStar Group by 7.7% during the fourth quarter. GAMMA Investing LLC now owns 4,938 shares of the technology company’s stock valued at $354,000 after buying an additional 355 shares during the period. Nordea Investment Management AB raised its holdings in shares of CoStar Group by 3.7% during the fourth quarter. Nordea Investment Management AB now owns 32,902 shares of the technology company’s stock valued at $2,376,000 after acquiring an additional 1,172 shares in the last quarter. Finally, Insight Wealth Strategies LLC lifted its stake in CoStar Group by 3.3% in the fourth quarter. Insight Wealth Strategies LLC now owns 51,815 shares of the technology company’s stock worth $3,709,000 after acquiring an additional 1,632 shares during the period. Institutional investors own 96.60% of the company’s stock.

About CoStar Group

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.