CoStar Group, Inc. (NASDAQ:CSGP) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have received an average rating of “Moderate Buy” from the twenty research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $55.3333.

CSGP has been the topic of several recent analyst reports. Bank of America cut their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Keefe, Bruyette & Woods decreased their price target on CoStar Group from $57.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. BMO Capital Markets dropped their target price on CoStar Group from $72.00 to $53.00 and set a “market perform” rating for the company in a research report on Thursday, February 26th. Stephens dropped their target price on CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Finally, Citizens Jmp dropped their target price on CoStar Group from $73.00 to $44.00 and set a “market outperform” rating for the company in a research report on Wednesday, April 29th.

Insider Activity

In other CoStar Group news, CEO Andrew C. Florance purchased 71,430 shares of CoStar Group stock in a transaction dated Friday, May 1st. The shares were acquired at an average cost of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the transaction, the chief executive officer owned 1,722,865 shares in the company, valued at approximately $60,644,848. This trade represents a 4.33% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.18% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CSGP. Douglas Lane & Associates LLC increased its stake in shares of CoStar Group by 4.3% during the fourth quarter. Douglas Lane & Associates LLC now owns 683,061 shares of the technology company’s stock worth $45,929,000 after acquiring an additional 28,279 shares during the period. Barclays PLC grew its position in CoStar Group by 83.4% during the fourth quarter. Barclays PLC now owns 2,321,700 shares of the technology company’s stock worth $156,111,000 after buying an additional 1,055,584 shares during the period. American Century Companies Inc. grew its position in CoStar Group by 682.3% during the third quarter. American Century Companies Inc. now owns 551,523 shares of the technology company’s stock worth $46,532,000 after buying an additional 481,024 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of CoStar Group by 100.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 245,184 shares of the technology company’s stock worth $16,486,000 after acquiring an additional 122,776 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of CoStar Group by 22.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 210,095 shares of the technology company’s stock worth $14,127,000 after acquiring an additional 38,715 shares in the last quarter. 96.60% of the stock is owned by hedge funds and other institutional investors.

CoStar Group Stock Performance

Shares of CSGP stock opened at $30.12 on Monday. The stock has a market capitalization of $12.30 billion, a PE ratio of 502.08, a P/E/G ratio of 0.77 and a beta of 0.72. CoStar Group has a 1-year low of $29.53 and a 1-year high of $97.43. The business has a 50-day moving average of $34.43 and a 200 day moving average of $47.77. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20.

CoStar Group (NASDAQ:CSGP) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The company had revenue of $897.00 million during the quarter, compared to analysts’ expectations of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.CoStar Group’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.04) EPS. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, sell-side analysts anticipate that CoStar Group will post 1.03 earnings per share for the current year.

CoStar Group Company Profile

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.