Key Takeaways CoStar Group expects Q3 revenues to grow 13% year over year at the midpoint.
CSGP's Q3 growth is likely to benefit from strong demand and rising subscriptions.
Improving margins may aid CSGP, while Ten-X weakness and pricing pressures pose risks.
CoStar Group (CSGP - Free Report) is slated to report third-quarter 2026 results on Oct. 27.
For the third quarter of 2026, CoStar Group expects revenues to be between $935 million and $945 million, representing a 13% year-over-year increase at the midpoint, and adjusted earnings of 31-34 cents per share.
The Zacks Consensus Estimate for third-quarter 2026 revenues is currently pegged at $950.99 million, suggesting growth of 14.08% from the year-ago quarter’s levels.
The consensus mark for third-quarter 2026 earnings has been unchanged at 34 cents per share over the past 30 days, suggesting a 47.83% increase from the year-ago quarter’s figure.
CoStar Group’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 21.17%.
Let us see how things have shaped up for CSGP before the announcement.
Factors to Note Ahead of CSGP’s Q3 ResultsCoStar Group’s third-quarter performance is likely to have been driven by strong demand for its commercial real estate information and analytics solutions, growing adoption of its residential marketplaces and improving operational efficiencies.
The company’s Commercial segment is expected to have benefited from increasing subscriptions to the CoStar platform, growing adoption of CoStar Debt Solutions and strong momentum in LoopNet’s paid listings. In the second quarter of 2026, CoStar Group’s revenues increased 9% year over year to $337 million, while LoopNet revenues rose 14% to $87 million. CoStar Group’s subscriber base expanded 19% to 327,000. For the third quarter of 2026, Commercial segment revenues are projected to be between $489 million and $494 million, indicating 7% year-over-year growth at the midpoint.
Residential segment performance is expected to have benefited from continued growth in Apartments.com, Homes.com and Domain. Apartments.com is likely to have gained from increasing paid property listings and strong customer retention, while Homes.com is expected to have benefited from expanding agent subscriptions and the introduction of its Platinum advertising tier. In the second quarter, Apartments.com revenues increased 9% to $318 million, while Homes.com revenues surged 66% to $28.5 million. For the third quarter, Residential segment revenues are expected to be between $446 million and $451 million, representing 20% year-over-year growth at the midpoint.
CoStar Group’s third-quarter profitability is expected to have benefited from disciplined expense management and improving residential operating leverage. The company expects adjusted EBITDA between $190 million and $210 million, implying an adjusted EBITDA margin of approximately 21% at the midpoint, up more than 700 basis points year over year. Commercial adjusted EBITDA is projected to be between $162 million and $172 million, while residential adjusted EBITDA is expected to be between $28 million and $38 million.
However, CSGP’s third-quarter 2026 results are expected to have been hurt by declining Ten-X transaction revenues, slower near-term growth at Homes.com due to sales-force restructuring and pricing pressures at Apartments.com amid intense competition and elevated multifamily vacancies.
What Our Model Says About CSGPOur proven model does not conclusively predict an earnings beat for CoStar Group this time. Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
CoStar Group presently has an Earnings ESP of 0.00% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they report earnings with our Earnings ESP Filter.
Stocks to ConsiderHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Cadence Design Systems (CDNS - Free Report) , Seagate Technology (STX - Free Report) , and Amphenol (APH - Free Report) are some stocks with favorable combinations.
Cadence Design Systems has an Earnings ESP of +0.91% and carries a Zacks Rank #2 at present. CDNS is slated to report its third-quarter 2026 results on Oct. 26. You can see the complete list of today’s Zacks #1 Rank stocks here.
Seagate Technology has an Earnings ESP of +2.49% and sports a Zacks Rank #1 at present. Seagate Technology is set to report its first-quarter fiscal 2027 results on Oct. 27.
Amphenol has an Earnings ESP of +1.72% and a Zacks Rank #2 at present. Amphenol is set to report its third-quarter 2026 results on Oct. 28.
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, released its September 2026 housing report today, showing that the national median home sale price increased 0.6% from a year earlier to $386,000. Home sales declined 6% year over year while active listings increased 1.9%. Modest price growth, declining sales and expanding inventory suggest that demand remained sufficient to support prices, even as fewer transactions closed. With mo.
ARLINGTON, Va.--(BUSINESS WIRE)--U.S. retail construction activity pulled back in the third quarter of 2026, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
In Q3 2026, roughly 58.3 million square feet of retail space was under construction in the U.S., down from 60.6 million square feet in Q2 and 63.3 million square feet in Q1. Despite being unchanged from a year prior, the metric remains roughly 4% below its prior 10-year average of 60.7 million square feet.
New construction starts fell to their lowest quarterly total since at least 2016. Developers broke ground on about 7.7 million square feet of retail space during Q3, down from 10.7 million square feet in Q2.
“The pullback in construction reflects a development environment that remains difficult to pencil in most markets,” said Brandon Svec, national director of retail analytics at CoStar Group. "Elevated land prices, construction costs and borrowing costs have pushed required rents well above prevailing market levels for many retail formats, and flat asking rents during the quarter did little to close that gap. Third-quarter construction data supports our current view that retail supply growth will remain limited for the foreseeable future. Based on current conditions, with starts at their lowest level in at least a decade and financing costs moving higher, we expect the pipeline is likely to shrink further before any meaningful recovery takes hold.”
New retail construction remains heavily concentrated within a limited number of markets. Texas continues to lead, with Dallas-Fort Worth, Houston and Austin collectively accounting for about 15.5 million square feet under construction, which is nearly 27% of the national pipeline.
The 15 largest pipelines account for roughly 56% of all space under construction, highlighting how limited development remains outside of markets where population growth and tenant expansion plans can still support new projects.
The full analysis can be found here.
For more information about the company and its products and services, please visit costargroup.com.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
ARLINGTON, Va.--(BUSINESS WIRE)--BizBuySell, the largest online marketplace for businesses for sale and a CoStar Group, Inc. (NASDAQ: CSGP) company, published its Q3 2026 Insight Report, providing the latest look at U.S. business-for-sale transactions and sentiment among owners, buyers and brokers. Transaction activity remained relatively stable despite weaker sentiment. A total of 2,132 businesses changed hands in Q3 2026, essentially flat from Q2 and down 7% year over year. The median sale pr.
First Citizens Bank & Trust Co. cut its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 87.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,256 shares of the technology company’s stock after selling 315,992 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in CoStar Group were worth $1,295,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of CSGP. NorthCrest Asset Manangement LLC lifted its position in shares of CoStar Group by 307.7% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 50,401 shares of the technology company’s stock valued at $1,381,000 after acquiring an additional 38,040 shares in the last quarter. Versant Capital Management Inc lifted its position in CoStar Group by 123.6% in the 3rd quarter. Versant Capital Management Inc now owns 7,671 shares of the technology company’s stock worth $210,000 after buying an additional 4,240 shares in the last quarter. QRG Capital Management Inc. lifted its position in CoStar Group by 85.8% in the 2nd quarter. QRG Capital Management Inc. now owns 57,474 shares of the technology company’s stock worth $1,628,000 after buying an additional 26,535 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in CoStar Group by 5.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 341,444 shares of the technology company’s stock worth $9,670,000 after buying an additional 17,067 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of CoStar Group by 6.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 54,883 shares of the technology company’s stock valued at $1,554,000 after buying an additional 3,195 shares during the period. 96.60% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at CoStar Group In other CoStar Group news, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the sale, the chief accounting officer owned 18,822 shares of the company’s stock, valued at $579,341.16. The trade was a 20.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew Florance purchased 83,300 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were bought at an average price of $29.89 per share, with a total value of $2,489,837.00. Following the purchase, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. This represents a 4.83% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.18% of the stock is owned by insiders.
CoStar Group Stock Up 6.3% CSGP stock opened at $32.00 on Friday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 1 year low of $25.89 and a 1 year high of $79.08. The company has a fifty day simple moving average of $30.28 and a 200 day simple moving average of $32.04. The firm has a market cap of $12.97 billion, a PE ratio of 168.43, a PEG ratio of 0.76 and a beta of 0.80. CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $925.00 million during the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. CoStar Group’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 earnings per share. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Sell-side analysts anticipate that CoStar Group, Inc. will post 1.07 EPS for the current fiscal year.
Analyst Upgrades and Downgrades CSGP has been the subject of several recent research reports. Citigroup lowered CoStar Group from a “market outperform” rating to a “neutral” rating and cut their price objective for the stock from $70.00 to $33.00 in a report on Wednesday, July 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $40.00 price target on shares of CoStar Group in a research note on Wednesday, July 29th. Keefe, Bruyette & Woods cut CoStar Group from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $41.00 to $29.00 in a research note on Wednesday, July 29th. William Blair downgraded CoStar Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. dropped their price objective on CoStar Group from $58.00 to $52.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, CoStar Group has an average rating of “Hold” and a consensus target price of $40.11.
View Our Latest Report on CSGP
CoStar Group Company Profile (Free Report)
CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes and distributes property and market data used by real estate owners, brokers, investors, lenders, appraisers and other professionals to evaluate properties, track market conditions and support business decisions.
Its portfolio includes CoStar, a commercial real estate information and research platform; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.
Recommended Stories Five stocks we like better than CoStar Group ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle Beyond the GPU: Credo Paves the Next AI Data Superhighway Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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U.S. office leasing has rebounded substantially over the past year, but demand and supply issues are making it difficult for volume to fully recover to pre-pandemic levels, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261009752883/en/
Leasing volume still lags historical norm despite recent recovery
Office tenants signed new leases for an average of 105 million square feet over the past four quarters – an improvement over the prior four-quarter period but remaining roughly 10 million square feet below the 2015-19 average.
“Earlier in the decade, many large occupiers consolidated into smaller footprints in response to post-pandemic ways of working, which may have been the dominant factor in bringing down average lease transaction sizes,” said Phil Mobley, national director of office analytics at CoStar Group. “Since then, per-worker space requirements have stabilized. However, elevated construction and financing costs have stifled construction activity, and renovations remain unusually slow, which means that major occupiers seeking to relocate to updated space have relatively few options.”
At the market level, San Francisco, led by a boom in AI-driven leasing by tech companies, has seen quarterly leasing volume rebound past the market’s pre-pandemic level of 2% of inventory. Volume is also elevated in New York, Nashville, and Miami, while Charlotte and Dallas have recently seen historically typical leasing activity.
The full analysis can be found here.
Note: These findings are based on collected and estimated data from leases executed through the end of the third quarter. As with previously reported leasing data, only new lease commitments are considered. Renewals, which tend to have little impact on overall occupancy, are excluded.
For more information about the company and its products and services, please visit costargroup.com.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261009752883/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
CoStar Group (NASDAQ:CSGP – Get Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Needham & Company LLC in a note issued to investors on Tuesday, Benzinga reports. They presently have a $40.00 target price on the technology company’s stock. Needham & Company LLC’s target price would suggest a potential upside of 44.01% from the stock’s current price.
Several other analysts have also recently weighed in on CSGP. BTIG Research dropped their price objective on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Citizens Jmp dropped their price objective on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating for the company in a research note on Wednesday, July 29th. JPMorgan Chase & Co. dropped their price objective on shares of CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. William Blair cut shares of CoStar Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada set a $34.00 price objective on shares of CoStar Group and gave the stock a “sector perform” rating in a research note on Monday, July 13th. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $40.11.
Check Out Our Latest Research Report on CSGP
CoStar Group Stock Performance Shares of CSGP stock opened at $27.78 on Tuesday. The company has a market capitalization of $11.25 billion, a price-to-earnings ratio of 145.71, a PEG ratio of 0.70 and a beta of 0.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. The company has a 50-day simple moving average of $30.32 and a 200 day simple moving average of $32.74. CoStar Group has a 52 week low of $25.89 and a 52 week high of $81.45. CoStar Group (NASDAQ:CSGP – Get Free Report) last announced its earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. CoStar Group’s revenue was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, sell-side analysts predict that CoStar Group will post 1.07 earnings per share for the current year.
Insider Activity at CoStar Group In other news, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer directly owned 18,822 shares in the company, valued at approximately $579,341.16. The trade was a 20.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew Florance bought 83,300 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average price of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the transaction, the chief executive officer directly owned 1,806,165 shares in the company, valued at approximately $53,986,271.85. This represents a 4.83% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.18% of the stock is currently owned by insiders.
Hedge Funds Weigh In On CoStar Group Several hedge funds and other institutional investors have recently made changes to their positions in CSGP. Bamco Inc. NY increased its position in CoStar Group by 1.3% during the 4th quarter. Bamco Inc. NY now owns 19,498,099 shares of the technology company’s stock worth $1,311,052,000 after purchasing an additional 242,533 shares in the last quarter. BlackRock Inc. acquired a new position in CoStar Group during the 2nd quarter worth approximately $957,612,000. Principal Financial Group Inc. increased its position in CoStar Group by 0.7% during the 1st quarter. Principal Financial Group Inc. now owns 17,696,192 shares of the technology company’s stock worth $713,866,000 after purchasing an additional 130,118 shares in the last quarter. Akre Capital Management LLC increased its position in CoStar Group by 3.3% during the 4th quarter. Akre Capital Management LLC now owns 9,617,805 shares of the technology company’s stock worth $646,701,000 after purchasing an additional 311,320 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in CoStar Group by 20.2% during the 4th quarter. Janus Henderson Group PLC now owns 7,473,380 shares of the technology company’s stock worth $502,487,000 after purchasing an additional 1,256,573 shares in the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.
About CoStar Group (Get Free Report)
CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes and distributes property and market data used by real estate owners, brokers, investors, lenders, appraisers and other professionals to evaluate properties, track market conditions and support business decisions.
Its portfolio includes CoStar, a commercial real estate information and research platform; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.
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SummaryCoStar Group is rated a buy, supported by robust revenue growth, an investment-grade balance sheet, and strong global positioning in real estate data and digital platforms.Despite a YTD share price decline and ongoing bearish technicals, CSGP shows durable top-line growth, AI-driven platform improvements, and a recovery in EPS and margins.CSGP's low D/E ratio, BBB Fitch rating, and active share buybacks mitigate balance sheet risk, while its $5B goodwill highlights acquisition-execution risk.Forecasts project over 30% upside by Dec. 2027, but sector headwinds and AI execution risk remain key factors to monitor for sustained capital growth. Thai Noipho/iStock via Getty Images
The Other Side of Real Estate: Services and Data as a Business Model If you follow my many articles on REITs, you'll notice I sometimes cite research from real estate services firm CoStar (
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ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, will announce financial results for the third quarter of 2026 following the market close on Tuesday, October 27, 2026. Management will conduct a conference call to discuss the third quarter results, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the confer.
CoStar Group (NASDAQ:CSGP – Get Free Report) and Seaport Entertainment Gr (NYSE:SEG – Get Free Report) are both real estate companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, dividends, institutional ownership, profitability and analyst recommendations.
Institutional & Insider Ownership 96.6% of CoStar Group shares are owned by institutional investors. 1.2% of CoStar Group shares are owned by insiders. Comparatively, 0.5% of Seaport Entertainment Gr shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Analyst Recommendations This is a summary of recent ratings and target prices for CoStar Group and Seaport Entertainment Gr, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score CoStar Group 2 9 9 0 2.35 Seaport Entertainment Gr 1 0 1 0 2.00 CoStar Group presently has a consensus price target of $40.11, indicating a potential upside of 46.37%. Seaport Entertainment Gr has a consensus price target of $36.00, indicating a potential upside of 57.45%. Given Seaport Entertainment Gr’s higher probable upside, analysts plainly believe Seaport Entertainment Gr is more favorable than CoStar Group. Earnings and Valuation This table compares CoStar Group and Seaport Entertainment Gr”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio CoStar Group $3.25 billion 3.42 $7.00 million $0.19 144.21 Seaport Entertainment Gr $130.41 million 2.25 -$115.34 million ($9.79) -2.34 CoStar Group has higher revenue and earnings than Seaport Entertainment Gr. Seaport Entertainment Gr is trading at a lower price-to-earnings ratio than CoStar Group, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility CoStar Group has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500. Comparatively, Seaport Entertainment Gr has a beta of 1.22, indicating that its share price is 22% more volatile than the S&P 500.
Profitability This table compares CoStar Group and Seaport Entertainment Gr’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets CoStar Group 2.08% 3.74% 2.96% Seaport Entertainment Gr -101.96% -9.40% -6.94% Summary CoStar Group beats Seaport Entertainment Gr on 12 of the 14 factors compared between the two stocks.
About CoStar Group (Get Free Report)
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. It also provides Leasing, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; and CoStar Risk Analytics and CoStar Investment. In addition, it offers apartment marketing sites, such as ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, WestsideRentals.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Apartamentos.com, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica.com, LandAndFarm.com, and LandWatch.com for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform, as well as Homes.com, a homes for sale listings site. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
(Get Free Report)
Seaport Entertainment Group Inc. develops, owns, and operates a portfolio of entertainment and real estate assets primarily in the New York City and Las Vegas. It operates through three segments: Landlord Operations; Hospitality; and Sponsorships, Events, and Entertainment. The company’s Landlord Operations segment engages in the holding of ownership interests in and operation of physical real estate assets, such as restaurant, retail, office, and entertainment properties, as well as residential units in Seaport. Its Hospitality segment operates six fine dining and casual dining restaurants, cocktail bars, and entertainment venues under The Fulton, Mister Dips, Carne Mare, Malibu Farm, Pearl Alley, and The Lawn Club names; and the Tin Building, which offers restaurants, bars, grocery markets, retail, and private dining experiences. The company’s Sponsorships, Events, and Entertainment segment includes the Las Vegas Aviators Triple-A Minor League Baseball team, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, Seaport events, and concerts, as well as various sponsorship agreements across the Seaport and the Las Vegas Ballpark. Seaport Entertainment Group Inc. was incorporated in 2024 and is headquartered in New York, New York.
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ARLINGTON, Va.--(BUSINESS WIRE)--Today Apartments.com, an industry-leading online marketplace of CoStar Group, Inc. (NASDAQ: CSGP), published its latest report on multifamily rent trends for September 2026. U.S. apartment rents were slightly negative in September, with the national average falling -0.08% to $1,752 from August's upwardly revised level of $1,753. This slight decline ended the nine consecutive months of positive to flat rent increases following a period of flat to declining monthl.
TORONTO--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of commercial real estate information, analytics and online marketplaces in the property markets, today announced that every major commercial real estate brokerage firm in Canada subscribes to CoStar. Across the industry, leading national and global firms use CoStar's property data, analytics and market intelligence to support their Canadian operations, compete more effectively and strengthen the advice they provide to cl.
CoStar Group, Inc. (NASDAQ:CSGP – Get Free Report) has received an average recommendation of “Hold” from the twenty analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $40.11.
Several research analysts have issued reports on CSGP shares. Keefe, Bruyette & Woods lowered CoStar Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $41.00 to $29.00 in a research note on Wednesday, July 29th. Royal Bank Of Canada set a $34.00 target price on shares of CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research report on Monday, September 21st. Wolfe Research reiterated an “outperform” rating and set a $32.00 target price (down from $35.00) on shares of CoStar Group in a research report on Wednesday, July 29th. Finally, Citizens Jmp cut their price target on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating for the company in a report on Wednesday, July 29th.
Read Our Latest Analysis on CoStar Group
Insider Buying and Selling In related news, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total transaction of $147,374.64. Following the sale, the chief accounting officer directly owned 18,822 shares in the company, valued at $579,341.16. This represents a 20.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew C. Florance purchased 83,300 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the acquisition, the chief executive officer directly owned 1,806,165 shares in the company, valued at approximately $53,986,271.85. This represents a 4.83% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 1.18% of the company’s stock. Hedge Funds Weigh In On CoStar Group Institutional investors and hedge funds have recently bought and sold shares of the business. QRG Capital Management Inc. increased its stake in shares of CoStar Group by 85.8% in the second quarter. QRG Capital Management Inc. now owns 57,474 shares of the technology company’s stock valued at $1,628,000 after buying an additional 26,535 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of CoStar Group by 5.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 341,444 shares of the technology company’s stock valued at $9,670,000 after buying an additional 17,067 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in CoStar Group by 6.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 54,883 shares of the technology company’s stock worth $1,554,000 after buying an additional 3,195 shares in the last quarter. Tidal Investments LLC lifted its position in CoStar Group by 176.9% during the 2nd quarter. Tidal Investments LLC now owns 68,552 shares of the technology company’s stock worth $1,941,000 after buying an additional 43,798 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new stake in CoStar Group during the 2nd quarter worth about $2,773,000. Institutional investors and hedge funds own 96.60% of the company’s stock.
CoStar Group Trading Down 0.3% CSGP stock opened at $26.95 on Wednesday. CoStar Group has a 1-year low of $25.89 and a 1-year high of $85.24. The firm has a market cap of $10.92 billion, a P/E ratio of 141.85, a P/E/G ratio of 0.69 and a beta of 0.75. The business’s 50 day moving average is $30.35 and its 200-day moving average is $33.19. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13.
CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $925.00 million during the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.CoStar Group’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities analysts anticipate that CoStar Group will post 1.07 earnings per share for the current fiscal year.
About CoStar Group (Get Free Report)
CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial and residential real estate industries. The company collects, analyzes and distributes property and market data used by real estate owners, brokers, investors, lenders, appraisers and other professionals to evaluate properties, track market conditions and support business decisions.
Its portfolio includes CoStar, a commercial real estate information and research platform; LoopNet, a marketplace for commercial property listings; Apartments.com, a rental housing marketplace; and Homes.com, a residential real estate platform.
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ARLINGTON, Va.--(BUSINESS WIRE)--Oklahoma City, OK; Hartford, CT; and Cleveland, OH, are among the top-performing big-box markets, according to an updated ranking from CoStar, the leading global provider of online real estate marketplaces, information, and analytics in the property markets. Based on a Z-score analysis of the largest 54 markets in the U.S., Oklahoma City remained in the top spot, while Hartford moved up to second place, followed by Cleveland. “Oklahoma City's continued first-pla.
ARLINGTON, Va.--(BUSINESS WIRE)--Tampa, FL, and Columbus, OH, are among the top-performing small-bay markets, according to an updated ranking from CoStar, the leading global provider of online real estate marketplaces, information, and analytics in the property markets. Based on a Z-score analysis of the largest 54 markets in the U.S., Tampa ranked at the top of the small-bay sector due to exceptional rate growth and some of the strongest leasing momentum among small-bay tenants nationally. The.
Most luxury buyers secured discounts, while San Francisco’s top sales averaged 26.8% above original asking
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a leading online residential marketplace and part of CoStar Group (NASDAQ: CSGP), today published an analysis of the most expensive publicly marketed home sales across major U.S. metropolitan areas for the month of August. The full analysis is available here.
The list highlights the top closed sales in leading markets nationwide based on publicly marketed transactions recorded in Multiple Listing Service (MLS) data. August’s most expensive publicly marketed home sale occurred in Miami-Dade County, where a newly built waterfront estate on Hibiscus Island sold for $51.5 million. At the other end of the markets analyzed, Cleveland’s top sale reached $2.8 million, underscoring the significant differences in what constitutes the highest end of the housing market across the country.
The full roundup of the most expensive publicly marketed home sales includes:
Miami-Dade County: $51.5 million Los Angeles: $25 million New York City: $24 million Seattle: $22.8 million San Diego: $17.3 million Las Vegas: $17.3 million Boston: $14.3 million Phoenix: $14 million Washington, D.C.: $11 million Tampa: $10.5 million San Francisco: $10 million Atlanta: $8 million Chicago: $7.9 million Minneapolis: $5.4 million Nashville: $5.3 million Philadelphia: $4.7 million Charlotte: $4.3 million Denver: $4.1 million Cleveland: $2.8 million August’s results revealed a notable divide among luxury housing markets. Across nearly two dozen markets, the top transactions sold for an average of 6%, or $905,660, below their original asking prices. Each of the five leading sales in Tampa, Phoenix, Denver, Atlanta, Boston and Miami closed below asking. Phoenix discounts ranged from 1.9% to more than 50%, while the four Los Angeles sales with available list prices sold for roughly 9% to 21% below asking.
San Francisco stood apart from the broader trend. Its five priciest sales averaged 26.8%, or nearly $1.4 million, above their original asking prices, making it the only market analyzed to record an average premium. Three of the five properties sold above asking, including a Pacific Heights Victorian that closed for $6.63 million, 66% above its $4 million list price. The results reflect continued competition for luxury homes as AI-related growth supports demand and available inventory remains limited.
The analysis is based on entries in the nation’s Multiple Listing Service platforms and therefore often excludes private and off-market transactions, which are common at the highest tier of the housing market. Because Texas is a nondisclosure state, Homes.com News evaluated the priciest properties in Houston and Dallas based on listing price.
For more information and insights on the latest homebuying and selling market trends, visit Homes.com.
About Homes.com
Homes.com is the fastest-growing residential real estate marketplace and a leading destination for homebuyers, sellers, and real estate professionals. A brand of CoStar Group (NASDAQ: CSGP), Homes.com is redefining online real estate by putting agents and homeowners first through a more transparent, agent-friendly marketplace.
Unlike traditional real estate portals, Homes.com is built around a simple principle: Your Listing, Your Lead™. By connecting consumers directly with the listing agent, Homes.com helps agents win more listings, generate more leads and deliver greater value to their clients. Millions of buyers use Homes.com’s powerful search tools, rich property content, and AI-driven experiences to discover homes and connect with local real estate experts.
Backed by the largest marketing investment in residential real estate, Homes.com has invested $1.25 billion to build nationwide brand awareness, generating more than 100 billion impressions and establishing Homes.com as a household name among consumers. The platform continues to experience rapid growth, with 83 million average monthly unique visitors*, 115% year-over-year growth in organic search traffic, and more than 36,000 Member Agents joining in just two years.
Homes.com Membership gives agents exclusive marketing advantages and unmatched exposure to help grow their businesses. Based on an internal analysis of approximately 11,000 Member Agents, Members earned an average of $36,400 more in commission during their first year of membership. Members win 60% more listings and received five times more leads than non-member agents**.
For more information, visit Homes.com.
*The Homes.com Network, which includes Homes.com, the Apartments Network, and the Land Network, averaged 83 million monthly unique visitors through July 2026, according to Google Analytics.
** This figure represents an average of 11,000 agents who completed one full year of membership and is not a guarantee of future results. Individual results may vary based on market conditions, geographic location, agent activity, and other factors.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, released its August 2026 housing market report, showing that the national median sale price reached $395,000, up 2.1% from August 2025. Home sales declined 4.3% from a year earlier, while the number of homes for sale increased 5.4% year over year. Prices continue to rise as buyers become more selective The combination of rising prices, declining sales activity, and growing inventory.
Nykredit A S bought a new position in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 401,475 shares of the technology company’s stock, valued at approximately $11,370,000. Nykredit A S owned approximately 0.10% of CoStar Group as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in CoStar Group during the second quarter worth $957,612,000. Bamco Inc. NY purchased a new position in shares of CoStar Group in the 2nd quarter worth approximately $612,470,000. Principal Financial Group Inc. boosted its position in CoStar Group by 0.7% in the first quarter. Principal Financial Group Inc. now owns 17,696,192 shares of the technology company’s stock worth $713,866,000 after purchasing an additional 130,118 shares during the last quarter. Capital International Investors boosted its holdings in shares of CoStar Group by 59.7% in the 4th quarter. Capital International Investors now owns 10,842,010 shares of the technology company’s stock worth $729,020,000 after buying an additional 4,053,456 shares during the last quarter. Finally, Akre Capital Management LLC grew its position in shares of CoStar Group by 3.3% during the 4th quarter. Akre Capital Management LLC now owns 9,617,805 shares of the technology company’s stock valued at $646,701,000 after acquiring an additional 311,320 shares during the period. 96.60% of the stock is owned by institutional investors.
CoStar Group Price Performance Shares of NASDAQ CSGP opened at $29.09 on Monday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 12 month low of $25.89 and a 12 month high of $89.80. The firm has a fifty day simple moving average of $30.49 and a two-hundred day simple moving average of $34.15. The firm has a market capitalization of $11.79 billion, a PE ratio of 153.11, a price-to-earnings-growth ratio of 0.74 and a beta of 0.75.
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The firm had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. During the same quarter in the prior year, the business earned $0.17 EPS. The business’s revenue for the quarter was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities analysts expect that CoStar Group, Inc. will post 1.07 earnings per share for the current year. Analyst Upgrades and Downgrades Several equities analysts have recently weighed in on CSGP shares. Wells Fargo & Company set a $26.00 price target on CoStar Group and gave the company an “underweight” rating in a research report on Wednesday, June 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. Wolfe Research reaffirmed an “outperform” rating and set a $32.00 target price (down from $35.00) on shares of CoStar Group in a report on Wednesday, July 29th. JPMorgan Chase & Co. lowered their target price on shares of CoStar Group from $58.00 to $52.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Finally, Robert W. Baird set a $34.00 price target on CoStar Group and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $40.11.
Get Our Latest Stock Report on CoStar Group
Insider Activity In other CoStar Group news, CAO Cynthia Cammett Cann sold 4,788 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $30.78, for a total transaction of $147,374.64. Following the completion of the sale, the chief accounting officer directly owned 18,822 shares in the company, valued at approximately $579,341.16. This trade represents a 20.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew Florance purchased 83,300 shares of CoStar Group stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the transaction, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at $53,986,271.85. This represents a 4.83% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.18% of the company’s stock.
About CoStar Group (Free Report)
CoStar Group, Inc is a provider of commercial real estate information, analytics and online marketplaces. The company collects, analyzes and distributes data on property listings, transactions, rents, vacancies, market trends and other aspects of the real estate industry. Its products serve property owners, brokers, investors, lenders, appraisers, developers and other real estate professionals.
CoStar’s portfolio includes the CoStar commercial property information platform, LoopNet for commercial property listings, Apartments.com for rental housing, Homes.com for residential real estate, Land.com for land listings, and Ten-X for online commercial real estate auctions.
Further Reading Five stocks we like better than CoStar Group NVIDIA Just Named AI’s Next Bottleneck—And These 3 Stocks Sit Right In It Gold Has Gone Sideways, But These 3 Stocks Haven’t The AI Bottleneck Is Not Chips Anymore and 3 Pipeline Stocks Are Cashing In These 3 Stocks Under $20 Have Wall Street Looking Past the Share Price Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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Tidal Investments LLC increased its stake in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 176.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 68,552 shares of the technology company’s stock after purchasing an additional 43,798 shares during the quarter. Tidal Investments LLC’s holdings in CoStar Group were worth $1,941,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Reflection Asset Management purchased a new stake in CoStar Group in the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. purchased a new position in shares of CoStar Group during the 4th quarter valued at about $29,000. Transamerica Financial Advisors LLC purchased a new position in shares of CoStar Group during the 2nd quarter valued at about $33,000. IFP Advisors Inc grew its stake in shares of CoStar Group by 329.4% during the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after acquiring an additional 471 shares during the period. Finally, Pin Oak Investment Advisors Inc. bought a new position in shares of CoStar Group during the 2nd quarter valued at approximately $47,000. 96.60% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at CoStar Group In other news, CEO Andrew C. Florance acquired 83,300 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the acquisition, the chief executive officer directly owned 1,806,165 shares of the company’s stock, valued at approximately $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.78, for a total value of $147,374.64. Following the transaction, the chief accounting officer owned 18,822 shares of the company’s stock, valued at $579,341.16. This represents a 20.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.18% of the company’s stock.
CoStar Group Stock Performance Shares of NASDAQ CSGP opened at $30.36 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. The company has a market cap of $12.30 billion, a P/E ratio of 159.80, a P/E/G ratio of 0.80 and a beta of 0.75. The firm’s fifty day moving average is $30.48 and its two-hundred day moving average is $34.37. CoStar Group, Inc. has a 52-week low of $25.89 and a 52-week high of $90.72. CoStar Group (NASDAQ:CSGP – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.29 by $0.03. The business had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The business’s revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.17 EPS. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, analysts anticipate that CoStar Group, Inc. will post 1.07 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth CSGP has been the topic of a number of recent analyst reports. Citizens Jmp decreased their target price on shares of CoStar Group from $44.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 29th. William Blair downgraded shares of CoStar Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. dropped their target price on shares of CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. KeyCorp set a $33.00 price target on CoStar Group in a report on Monday, August 24th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $40.11.
Read Our Latest Report on CoStar Group
CoStar Group Profile (Free Report)
CoStar Group, Inc is a provider of commercial real estate information, analytics and online marketplaces. The company collects, analyzes and distributes data on property listings, transactions, rents, vacancies, market trends and other aspects of the real estate industry. Its products serve property owners, brokers, investors, lenders, appraisers, developers and other real estate professionals.
CoStar’s portfolio includes the CoStar commercial property information platform, LoopNet for commercial property listings, Apartments.com for rental housing, Homes.com for residential real estate, Land.com for land listings, and Ten-X for online commercial real estate auctions.
Featured Stories Five stocks we like better than CoStar Group 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector Jackson’s Record Quarter Powers the Bull Case Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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CoStar Group (NASDAQ:CSGP – Get Free Report) and Linkhome (NASDAQ:LHAI – Get Free Report) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, valuation, earnings and risk.
Risk and Volatility CoStar Group has a beta of 0.75, indicating that its stock price is 25% less volatile than the S&P 500. Comparatively, Linkhome has a beta of 0.22, indicating that its stock price is 78% less volatile than the S&P 500.
Institutional and Insider Ownership 96.6% of CoStar Group shares are owned by institutional investors. 1.2% of CoStar Group shares are owned by company insiders. Comparatively, 31.2% of Linkhome shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Profitability This table compares CoStar Group and Linkhome’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets CoStar Group 2.08% 3.74% 2.96% Linkhome -2.83% -7.86% -6.68% Analyst Recommendations This is a breakdown of current recommendations for CoStar Group and Linkhome, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score CoStar Group 2 9 9 0 2.35 Linkhome 1 0 0 0 1.00 CoStar Group presently has a consensus target price of $40.11, indicating a potential upside of 27.08%. Given CoStar Group’s stronger consensus rating and higher probable upside, research analysts plainly believe CoStar Group is more favorable than Linkhome.
Earnings and Valuation This table compares CoStar Group and Linkhome”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio CoStar Group $3.25 billion 3.94 $7.00 million $0.19 166.11 Linkhome $20.99 million 0.84 $70,000.00 ($0.03) -35.67 CoStar Group has higher revenue and earnings than Linkhome. Linkhome is trading at a lower price-to-earnings ratio than CoStar Group, indicating that it is currently the more affordable of the two stocks.
Summary CoStar Group beats Linkhome on 13 of the 14 factors compared between the two stocks.
About CoStar Group (Get Free Report)
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. It also provides Leasing, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; and CoStar Risk Analytics and CoStar Investment. In addition, it offers apartment marketing sites, such as ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, WestsideRentals.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Apartamentos.com, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica.com, LandAndFarm.com, and LandWatch.com for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform, as well as Homes.com, a homes for sale listings site. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
About Linkhome (Get Free Report)
Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation. In the future, we plan to expand our offerings to include mortgage services, home insurance and escrow services. Our mission is to redefine the real estate experience to be efficient and affordable for all consumers through artificial intelligence. Our vision is to help everyone own their home and achieve the dream of homeownership. Since the formation of our subsidiary, Linkhome Realty, in 2021 and the commencement of our operational endeavors, our platform has facilitated an aggregate gross total value of more than $150,000,000 of agent brokerage transactions as of June 30, 2024. Our platform, which is presently only active in California, supports a growing network of users looking to list and search for properties online, seeking information on property transactions and other value-added services, through the comprehensive property-related solutions and services available on our platform. Over the past three years, customers have shown their desire for our artificial intelligence, financial innovation and real estate solutions. In 2023, our total transaction volume for the real estate agency amounted to $15,438,435 as compared to $28,243,875 in 2022, and our total transaction volume for the real estate agency amounted to $2,183,832 in the first quarter of 2023 as compared to $12,090,829 in the first quarter of 2024. As of June 15, 2024, our platform, which aggregates listings from the California Regional Multiple Listing Service (the “CRMLS”), boasted more than 34,798 active listings for residential properties available for sale or rent. Users obtain home-buying information from our platform and consult with our AI tool, HomeGPT, for interactive home-buying advice. We have found that our users are more likely to buy and sell properties using the Company and select us for their real estate service needs. More importantly, we believe that we have just scratched the surface in the potential development of artificial intelligence as used in real estate and we believe artificial intelligence will transform the real estate market. Over the coming years, we plan on vigorously developing the artificial intelligence real estate model HomeGPT, increasing our market share, launching our platform in dozens of cities, and expanding our products and services in order to leverage artificial intelligence so that it becomes a one-stop shop for buyers and sellers of residential real estate. Our goal is to build the largest, most trusted platform for residential real estate and empower millions of Americans with the freedom to more easily purchase homes. We have developed our artificial intelligence and integrated it with fintech to expand beyond the traditional real estate search and transaction process through our Cash Offer product. Cash Offer integrates fintech to help users buy and sell properties more efficiently, by analyzing market trends, property valuations and buyer preferences, our AI tools can help users find matching properties more quickly and provide purchase recommendations. We think our Cash Offer product can help users make an offer of their ideal properties more efficiently, significantly enhancing the success rate of home purchases. Cash Offer is a tool that was developed to help address our customers’ needs. In the Southern California market that we serve, there is often intense competition, buyers are in the painful process of competing for homes, and we have developed Cash Offer to offer a solution by providing full cash payments, helping to make offers more attractive and stand out among numerous competitors. Linkhome accomplishes this by purchasing the target property for cash, assuming ownership of the property, and then selling the property to the customer after the customer has secured the necessary financing from their lender. In 2023, when we rolled out the Cash Offer tool, we completed one transaction, with Haiyan Ma, a related party who is a beneficial owner of 12.41% of our voting securities, that represented 77% of our annual revenue for that year. As of the date of this offering, the Company has only entered Cash Offer transactions with a few select clients. Upon completion of this offering, we believe the Company will have sufficient capital on hand to expand this service. We believe that the combination of artificial intelligence with fintech could be a catalyst for the growth of our Company and could serve to transform the real estate industry. Our principal executive offices are located in Irvine, CA.
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California State Teachers Retirement System grew its position in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 2,789.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,276,971 shares of the technology company’s stock after buying an additional 18,609,860 shares during the period. California State Teachers Retirement System owned approximately 4.76% of CoStar Group worth $545,924,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in CoStar Group in the 2nd quarter valued at about $957,612,000. Bamco Inc. NY bought a new position in shares of CoStar Group during the second quarter worth approximately $612,470,000. Principal Financial Group Inc. raised its position in shares of CoStar Group by 0.7% in the first quarter. Principal Financial Group Inc. now owns 17,696,192 shares of the technology company’s stock valued at $713,866,000 after buying an additional 130,118 shares in the last quarter. Capital International Investors raised its position in shares of CoStar Group by 59.7% in the fourth quarter. Capital International Investors now owns 10,842,010 shares of the technology company’s stock valued at $729,020,000 after buying an additional 4,053,456 shares in the last quarter. Finally, Akre Capital Management LLC boosted its stake in shares of CoStar Group by 3.3% in the fourth quarter. Akre Capital Management LLC now owns 9,617,805 shares of the technology company’s stock valued at $646,701,000 after buying an additional 311,320 shares during the period. Institutional investors and hedge funds own 96.60% of the company’s stock.
Insider Activity at CoStar Group In related news, CEO Andrew Florance acquired 83,300 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the transaction, the chief executive officer directly owned 1,806,165 shares in the company, valued at $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.78, for a total transaction of $147,374.64. Following the completion of the transaction, the chief accounting officer directly owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. The trade was a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.18% of the company’s stock.
Analyst Upgrades and Downgrades A number of equities research analysts recently issued reports on CSGP shares. Wolfe Research reissued an “outperform” rating and set a $32.00 price target (down from $35.00) on shares of CoStar Group in a research report on Wednesday, July 29th. Royal Bank Of Canada set a $34.00 price objective on CoStar Group and gave the company a “sector perform” rating in a report on Monday, July 13th. Citizens Jmp cut their target price on CoStar Group from $44.00 to $35.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 29th. Robert W. Baird set a $34.00 target price on CoStar Group and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Finally, Wall Street Zen cut CoStar Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.11. Check Out Our Latest Research Report on CSGP
CoStar Group Trading Up 3.5% Shares of CSGP opened at $31.52 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. CoStar Group, Inc. has a 52-week low of $25.89 and a 52-week high of $90.72. The firm has a market cap of $12.77 billion, a price-to-earnings ratio of 165.90, a PEG ratio of 0.78 and a beta of 0.75. The business’s fifty day moving average is $30.42 and its 200-day moving average is $34.57.
CoStar Group (NASDAQ:CSGP – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The business had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. During the same period in the prior year, the company earned $0.17 EPS. CoStar Group’s revenue for the quarter was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Equities analysts anticipate that CoStar Group, Inc. will post 1.07 EPS for the current fiscal year.
About CoStar Group (Free Report)
CoStar Group, Inc is a provider of commercial real estate information, analytics and online marketplaces. The company collects, analyzes and distributes data on property listings, transactions, rents, vacancies, market trends and other aspects of the real estate industry. Its products serve property owners, brokers, investors, lenders, appraisers, developers and other real estate professionals.
CoStar’s portfolio includes the CoStar commercial property information platform, LoopNet for commercial property listings, Apartments.com for rental housing, Homes.com for residential real estate, Land.com for land listings, and Ten-X for online commercial real estate auctions.
Recommended Stories Five stocks we like better than CoStar Group Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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On September 14, 2026, CoStar Group Inc CSGP shares rose 3.5% to a current price of $31.52. This price movement occurs within a 52-week range of $25.89 to $90.72, reflecting significant volatility over the past year.
GF Value™ verdict: Stock price is $31.52 vs GF Value™ of $104.42, indicating it is 69.8% undervalued.GF Score™ of 71/100, which suggests an above-average rating in terms of fundamental metrics.Notable signal: Over the past 12 months, insiders have bought $8.5M worth of shares, indicating strong insider confidence.Is CSGP Overvalued or Undervalued?CoStar Group Inc CSGP presents an intriguing valuation scenario, with the current market price of $31.52 significantly below the GF Value™ estimate of $104.42. This 69.8% margin of safety suggests a substantial opportunity for investors, provided they are willing to consider the inherent risks associated with market volatility and company performance. The GF Valuation label categorizes CSGP as significantly undervalued, indicating that the intrinsic value derived from historical data and future performance estimates greatly exceeds the current trading price.
However, potential investors should remain cautious. While the significant undervaluation presents an opportunity, it is essential to consider the underlying reasons for the stock's poor performance over the past year, with shares down 63.7% from a year ago. This decline raises questions about the sustainability of future growth and profitability, making it critical to analyze the company's fundamentals in detail.
How Does CSGP's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)165.9x129.1xForward P/E18.1xN/ACSGP's current P/E ratio of 165.9x is notably above its 5-year median of 129.1x, suggesting that the stock is trading at a premium compared to its historical valuations. This analysis indicates that the current price may not align with its historical performance metrics, which could be a bearish signal contradicting the GF Value™ assessment. However, the forward P/E of 18.1x presents a more favorable outlook, suggesting that earnings expectations may improve going forward.
What Does CSGP's GF Score™ Tell Us?The GF Score™ is a comprehensive measure that evaluates a stock's fundamental performance across various dimensions, including financial strength, profitability, growth, valuation, and momentum. CSGP's GF Score™ of 71/100 indicates a robust standing, with its strongest sub-ranks in growth and profitability, while its valuation and momentum ranks are notably lower.
MetricRatingGF Score™71Financial Strength8/10Profitability8/10Growth9/10Valuation2/10Momentum1/10CSGP's strong performance in financial strength, profitability, and growth indicates solid underlying fundamentals, while the low valuation and momentum ranks underscore the challenges the company faces in the market. The contrast in these scores suggests that while the company has the potential for growth, it may be undervalued due to market sentiment rather than performance issues, which is a critical point for potential investors.
What Are Gurus and Insiders Doing with CSGP?Currently, 11 gurus hold positions in CSGP, with 9 of them increasing their stakes while only 3 have trimmed their positions in recent quarters. This indicates a generally positive sentiment among investment professionals regarding the stock's potential for recovery and growth.
Furthermore, insider activity over the past 12 months shows a net buying of $8.0M, with insiders purchasing $8.5M worth of shares and only $0.5M sold. This level of insider buying suggests that those closest to the company have confidence in its future prospects, reinforcing the notion of CSGP being undervalued and potentially positioned for a rebound.
What This Means for InvestorsBased on the GF Value™ assessment, CoStar Group Inc CSGP appears to be significantly undervalued at the current price of $31.52 compared to an estimated fair value of $104.42. The strong insider buying and the favorable GF Score™ suggest that there is potential for recovery, but caution is warranted due to the company's recent performance trends. For further insights and details, visit the CoStar Group Inc (CSGP) stock page for a comprehensive analysis.
Frequently Asked QuestionsWhat is CSGP's GF Score™?
CSGP's GF Score™ is 71/100, indicating an above-average rating based on fundamental metrics. This score reflects the company's solid financial strength and profitability.
Is CSGP overvalued or undervalued?
CSGP is currently undervalued, with a GF Value™ estimate of $104.42 compared to its market price of $31.52, suggesting a significant margin of safety.
What is CSGP's P/E ratio?
CSGP's current P/E ratio is 165.9x, which is above its 5-year median of 129.1x, indicating it is trading at a premium compared to its historical valuation metrics.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics in the property markets, today named Felix Kusch President of Homes.com. Kusch spent the last several years running two of Europe's leading real estate portals. He was CEO of Immoweb, the number one portal in Belgium and CEO of Immowelt, the number two portal in Germany. Before that, he led M&A work at Axel Springer Digital involving a number of t.
Canada's overall office vacancy rate is expected to decline steadily through 2028, with higher-end buildings continuing to significantly outperform the rest of the market, according to a new forecast from CoStar Group, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
The national office vacancy rate peaked at 10.4% in the second quarter of 2025 and has since fallen to 9.8% in the second quarter of 2026, as net absorption has turned positive and new deliveries have all but stopped in the same period. CoStar's updated forecast calls for the total vacancy rate to continue declining, reaching 9.3% by the end of 2027 and 8.7% by the end of 2028 – both improvements from the firm's previous forecast of 10% and 9.4%, respectively, reflecting somewhat stronger absorption than previously expected.
The forecast decline in vacancy will be driven primarily by a thin construction pipeline rather than a surge in demand. Net absorption is expected to remain modest by historical standards, averaging 1 million square feet per quarter in 2027 and 1.75 million square feet per quarter in 2028. Net deliveries, however, are expected to fall quickly following a delivery peak in 2026 – led by the second phase of CIBC Square in Toronto – to just 200,000 square feet by the end of 2027.
“The story in the office sector today is really a tale of two markets,” said Mario Lefebvre, chief economist for Canada at CoStar Group. “Higher-end assets have posted positive net absorption averaging 1 million square feet per quarter since the second half of 2021, while absorption in all other office assets combined was deeply negative over that same stretch – though it, too, has turned positive since the second half of 2025.” Rent growth for higher-end assets is forecast to reach 4%, compared with an average of about 2% for all other assets combined.
“The balance of risks in this forecast remains tilted to the downside,” Lefebvre said. “Trade and tariff uncertainty, higher fuel costs, and a declining population could further weigh on the economy and alter expected absorption results. Over the longer term, however, we expect equilibrium to be restored in the Canadian office sector as demand for office space grows in tandem with the broader economy and the development pipeline remains modest.”
The full forecast can be found here.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
This news release includes "forward-looking statements" including, without limitation, statements regarding CoStar's expectations or beliefs regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. The following factors, among others, could cause or contribute to such differences: the risk that economic conditions adversely affect demand for office space, resulting in higher vacancy rates than forecast. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, those stated in CoStar’s filings from time to time with the Securities and Exchange Commission, including in CoStar’s Annual Report on Form 10-K for the year ended December 31, 2025 and Forms 10-Q for the quarterly periods ended March 31, 2026, June 30, 2026, and September 30, 2025, each of which is filed with the SEC, including in the “Risk Factors” section of those filings, as well as CoStar’s other filings with the SEC available at the SEC’s website (www.sec.gov). All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260914659483/en/
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, found that today's new-construction buyers approach the home buying process with more information and higher expectations than ever, often anchoring their decisions in having larger homes and long-term financial confidence, according to a newly published survey. The New Construction Market Landscape Study What New Home Buyers Want, conducted by Good Run Research and CMI Research and.
Amundi lessened its stake in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,135,933 shares of the technology company’s stock after selling 144,791 shares during the quarter. Amundi owned approximately 0.77% of CoStar Group worth $88,810,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CSGP. Reflection Asset Management bought a new position in CoStar Group during the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new position in shares of CoStar Group in the fourth quarter valued at about $29,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of CoStar Group by 25,650.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock worth $43,000 after buying an additional 513 shares during the last quarter. JPL Wealth Management LLC acquired a new position in CoStar Group in the 3rd quarter valued at about $48,000. Finally, DV Equities LLC acquired a new stake in CoStar Group during the fourth quarter worth approximately $40,000. 96.60% of the stock is owned by institutional investors.
CoStar Group Price Performance CoStar Group stock opened at $29.58 on Thursday. The stock’s 50 day moving average price is $30.37 and its two-hundred day moving average price is $34.96. The stock has a market capitalization of $11.99 billion, a price-to-earnings ratio of 155.69, a PEG ratio of 0.77 and a beta of 0.75. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. CoStar Group, Inc. has a 52-week low of $25.89 and a 52-week high of $90.72.
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.03. The firm had revenue of $925.00 million during the quarter, compared to the consensus estimate of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The business’s revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 earnings per share. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. On average, equities analysts predict that CoStar Group, Inc. will post 1.07 earnings per share for the current year. Insider Activity In other news, CEO Andrew Florance purchased 83,300 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the acquisition, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. The trade was a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.18% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research firms have recently weighed in on CSGP. JPMorgan Chase & Co. dropped their target price on CoStar Group from $58.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Wolfe Research reissued an “outperform” rating and set a $32.00 target price (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th. Keefe, Bruyette & Woods cut CoStar Group from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $41.00 to $29.00 in a research note on Wednesday, July 29th. Royal Bank Of Canada set a $34.00 price target on CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a report on Wednesday, June 24th. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $40.11.
Check Out Our Latest Report on CSGP
CoStar Group Profile (Free Report)
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.
Featured Stories Five stocks we like better than CoStar Group Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer Sovereign AI: Palantir and Nebius Cut the Cloud Cord Want to see what other hedge funds are holding CSGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoStar Group, Inc. (NASDAQ:CSGP – Free Report).
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ARLINGTON, Va.--(BUSINESS WIRE)--Apartments.com, a CoStar Group (NASDAQ: CSGP) industry-leading brand, today highlighted the growing reach and capabilities of the Apartments.com app in ChatGPT as OpenAI launches GPT-6 Astra, its latest model for computer use and complex professional tasks. Renters can type @Apartments.com in ChatGPT and describe what they need in everyday language, from a two-bedroom apartment with a balcony and EV charging to a pet-friendly home within a specific budget. The a.
[url="]Apartments.com[/url], a CoStar Group (NASDAQ: CSGP) industry-leading brand, today highlighted the growing reach and capabilities of the Apartments.com ap
AXQ Capital LP increased its holdings in CoStar Group, Inc. (NASDAQ: CSGP) by 62.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,543 shares of the technology company's stock after purchasing an additional 19,078 shares during the
National monthly rent growth turns slightly negative in August even as annual growth improves
ARLINGTON, Va.--(BUSINESS WIRE)--Today Apartments.com, an industry-leading online marketplace of CoStar Group, Inc. (NASDAQ: CSGP), published its latest report on multifamily rent trends for August 2026.
U.S. apartment rents were essentially flat in August, with the national average falling -0.03% to $1,751 from July's upwardly revised level of $1,752. This slight decline ended the eight consecutive months of positive rent increases following a period of flat to declining monthly performance in the second half of 2025. On an annual basis, rent growth accelerated to +1.3% in August 2026 from the upwardly revised +1.1% in July and was up slightly from the +1.1% reading recorded one year earlier.
The July 2026 national average was initially reported as a +0.03% month-over-month increase and has been revised upward to +0.1%.
While apartment rent growth typically slows in the late summer leasing season, the -0.03% month-over-month decline recorded in August continues the recent pattern of late-summer rent decreases observed since 2024. However, this year's pullback was considerably milder than the declines of 0.1% and 0.2% reported in August 2024 and August 2025, respectively, suggesting some improvement in pricing conditions. Annual rent growth continues to trend higher, though elevated supply levels remain a constraint on pricing momentum nationally.
Regional rent growth was mixed in August. The Pacific region led on a monthly basis with a +0.1% increase. The other regions all posted declines: the Northeast at -0.02% and the Midwest at -0.03%. More significant declines were posted in the South and Mountain regions, both down -0.2%. On an annual basis, regional performance also remained uneven. The Pacific and the Midwest recorded the strongest year-over-year rent growth, both at +2.2%, followed by the Northeast at +2.0%. In contrast, rents declined year-over-year in the South by -0.1% and in the Mountain region by -0.5%. While still negative, both the South and Mountain regions have significantly trimmed their annual declines over the summer. Performance across Western markets continues to diverge, with supply-heavy Mountain metropolitan areas facing greater pressure than more supply-constrained Pacific markets.
At the metropolitan level, rent growth was less widespread in August than in July, with 12 of the top 50 markets posting month-over-month increases, 7 with unchanged rents and 31 recording declines. Orange County led monthly rent growth with a +0.6% increase, followed by San Francisco at +0.4%, East Bay at +0.3% and San Jose and Chicago at +0.2%. Thirty-one major markets recorded monthly rent declines, led by Orlando and Denver at -0.7% and Nashville at -0.5%, with several others posting smaller decreases.
On an annual basis, San Francisco continued to outperform, posting rent growth of +11.9%, followed by San Jose at +7.7%, Norfolk at +5.8% and East Bay at +5.1%. Meanwhile, markets experiencing the largest supply/demand imbalance under pressure, led by San Antonio with a -2.2% annual decline, followed by Denver at -1.9%, and Phoenix, Houston and Las Vegas, each at -1.2%, reflecting that new supply continues to outpace demand.
Regionally, the breadth of monthly rent growth narrowed in August, though year-over-year performance strengthened across all regions, continuing to vary widely and remaining closely tied to local supply conditions. While most markets have moved past peak construction activity, a substantial, though gradually easing, inventory overhang continues to moderate rent growth nationally as the summer leasing season concludes.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Zonda, a leading provider of data, analytics, software, and marketplace solutions for the residential construction industry; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
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Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
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Stock to Watch: CoStar Group (CSGP - Free Report) CoStar Group is a prominent provider of online real estate marketplaces, data and analytics in the United States. The company has been expanding its international footprint with operations in the United Kingdom, Spain, France and Germany.
CSGP is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Computer and Technology stock. CSGP has a Momentum Style Score of A, and shares are up 7.3% over the past four weeks.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.02 to $1.36 per share. CSGP boasts an average earnings surprise of +21.2%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CSGP should be on investors' short list.
MOUNT KISCO, N.Y.--(BUSINESS WIRE)--Diamond Properties announced that Mark Blanford, Executive Vice President, and Jeff Haack, Leasing Manager, have been named winners of CoStar's Q2 2026 Power Broker Quarterly Deals Award for completing a lease of approximately 55,846 square feet at 600 Beta Drive in Mayfield Village, Ohio, to Mars Electric. CoStar Group, Inc., a leading provider of commercial real estate information, analytics, and online marketplaces, recognizes Power Broker Quarterly Deals.
ARLINGTON, Va.--(BUSINESS WIRE)--Growth in data center development is fueling an increasing share of U.S. industrial demand, according to a new report from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.Nationally, data center inventory has reached roughly 69 gigawatts of existing capacity, while another 43 gigawatts are currently under construction.The increase in development activity has impacted industrial demand, with.
American Capital Management Inc. acquired a new position in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 725,143 shares of the technology company’s stock, valued at approximately $20,536,000. American Capital Management Inc. owned about 0.18% of CoStar Group as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Reflection Asset Management purchased a new stake in CoStar Group in the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of CoStar Group during the fourth quarter worth about $29,000. DV Equities LLC acquired a new position in shares of CoStar Group during the fourth quarter valued at about $40,000. IFP Advisors Inc raised its position in shares of CoStar Group by 329.4% in the 4th quarter. IFP Advisors Inc now owns 614 shares of the technology company’s stock valued at $41,000 after purchasing an additional 471 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of CoStar Group by 25,650.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 515 shares of the technology company’s stock valued at $43,000 after purchasing an additional 513 shares during the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.
Insider Buying and Selling In other news, CEO Andrew C. Florance acquired 83,300 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of $29.89 per share, with a total value of $2,489,837.00. Following the completion of the acquisition, the chief executive officer owned 1,806,165 shares of the company’s stock, valued at $53,986,271.85. The trade was a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $30.78, for a total value of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares in the company, valued at $579,341.16. This trade represents a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.18% of the stock is currently owned by insiders.
Analysts Set New Price Targets A number of brokerages have recently weighed in on CSGP. KeyCorp set a $33.00 target price on CoStar Group in a research report on Monday. Wolfe Research reaffirmed an “outperform” rating and set a $32.00 price target (down from $35.00) on shares of CoStar Group in a research report on Wednesday, July 29th. Wall Street Zen downgraded CoStar Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Citigroup downgraded CoStar Group from a “market outperform” rating to a “neutral” rating and decreased their target price for the stock from $70.00 to $33.00 in a report on Wednesday, July 29th. Finally, BTIG Research cut their price target on shares of CoStar Group from $55.00 to $42.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, CoStar Group currently has an average rating of “Hold” and a consensus price target of $40.11. View Our Latest Stock Analysis on CSGP
CoStar Group Trading Down 2.0% Shares of CSGP opened at $32.14 on Thursday. The firm has a market capitalization of $13.02 billion, a P/E ratio of 169.17, a P/E/G ratio of 0.86 and a beta of 0.72. CoStar Group, Inc. has a 12-month low of $25.89 and a 12-month high of $91.89. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $30.03 and a 200 day moving average price of $36.13.
CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $925.00 million during the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a return on equity of 3.74% and a net margin of 2.08%.The company’s revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.17 earnings per share. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Sell-side analysts forecast that CoStar Group, Inc. will post 1.06 EPS for the current year.
About CoStar Group (Free Report)
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.
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A month has gone by since the last earnings report for CoStar Group (CSGP - Free Report) . Shares have added about 7.7% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is CoStar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
CoStar Group Q2 Earnings Beat Estimates, Revenues Increase Y/YCoStar Group reported adjusted earnings of 32 cents per share for the second quarter of 2026, up 88.2% year over year. The figure surpassed the Zacks Consensus Estimate by 14.29%.
Revenues increased 18.4% year over year to $925 million but missed the consensus estimate by 0.43%. Profitability benefited from disciplined expense management, while net new bookings rose 3% sequentially to $69 million.
CSGP’s Commercial Growth Stays SteadyCommercial Real Estate revenues increased 7.8% year over year to $481 million and accounted for 52% of total revenues. Commercial adjusted EBITDA rose 6.8% to $172 million.
Within the commercial portfolio, CoStar revenues advanced 8.7% to $337 million. LoopNet revenues climbed 14.5% to $87 million, supported by growth in paid listings. Other Commercial Real Estate revenues declined 5% to $57 million, primarily due to lower transaction volumes at Ten-X.
CoStar’s Residential Segment Turns ProfitableResidential Real Estate revenues climbed 33% year over year to $444 million. The segment generated adjusted EBITDA of $12 million, marking the first time that the residential segment turned adjusted EBITDA positive and improving $41 million sequentially.
Apartments.com revenues rose 9% to $318 million. Paid properties increased 12% to nearly 93,000, while monthly renewal rates remained at 99%. Average revenue per property declined 3.6%, primarily reflecting a sales mix shift toward smaller communities.
CSGP Expands Core Platforms and AI ToolsApartments.com generated revenues of $318 million, up 9% year over year. Paid properties increased 12% to nearly 93,000, while monthly renewal rates remained at 99%. Average revenue per property declined 3.6%, reflecting a shift toward smaller communities with lower average pricing.
Homes.com revenues jumped 66% to $28.5 million. Agent subscribers more than doubled to over 36,000, while the monthly cancellation rate improved to 2.4% in June from 6.5% a year earlier. Management plans to introduce higher-priced Platinum advertising during the third quarter.
CSGP launched Apartments.com AI in June. Users completed more than half a million sessions within a few weeks, spending about 20 minutes per session. AI users viewed twice as many listings, while 3D-tour usage rose 225% and traffic-to-lead conversion increased 256%.
CSGP Expands Margins Through Cost DisciplineOperating expenses increased 1.9% year over year to $652 million, significantly slower than revenue growth. Selling and marketing expenses were unchanged at $395 million, while general and administrative expenses declined 6.6% to $114 million.
Software development expenses rose 11.5% to $107 million and customer-base amortization increased 33.3% to $36 million.
Operating income improved to $76 million from an operating loss of $27 million in the year-ago quarter. Adjusted EBITDA more than doubled to $184 million from $85 million.
The adjusted EBITDA margin expanded 900 basis points to 20%, reaching the target level one quarter earlier than management had expected. Adjusted net income increased 73% to $128 million.
CSGP Ends Quarter With Solid Balance SheetCash and cash equivalents were $1.27 billion as of June 30, 2026, compared with $1.63 billion at the end of 2025. Long-term debt was $994 million, broadly unchanged from $993 million at the end of 2025.
For the six months ended June 30, 2026, net cash provided by operating activities totaled $267 million. CSGP repurchased $587 million of stock during the period, including $82.1 million in the second quarter. Management expects full-year repurchases of approximately $700 million.
CSGP Lowers Revenue Outlook, Retains Profit ViewFor the third quarter of 2026, CoStar expects revenues to be between $935 million and $945 million, adjusted EBITDA of $190-$210 million, and adjusted earnings of 31-34 cents per share. Commercial revenues are projected at $489-$494 million, while Residential revenues are expected between $446 million and $451 million.
For 2026, CoStar revised its revenue outlook to $3.715-$3.755 billion. The company affirmed adjusted EBITDA guidance of $780-$820 million and projected adjusted EPS of $1.32-$1.39.
The lower revenue outlook reflects restructuring at Ten-X, sales-force optimization at Homes.com and pricing discipline at Apartments.com.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -11.11% due to these changes.
VGM ScoresCurrently, CoStar has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, CoStar has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerCoStar is part of the Zacks Computers - IT Services industry. Over the past month, Roper Technologies (ROP - Free Report) , a stock from the same industry, has gained 1.3%. The company reported its results for the quarter ended June 2026 more than a month ago.
Roper Technologies reported revenues of $2.11 billion in the last reported quarter, representing a year-over-year change of +8.5%. EPS of $5.38 for the same period compares with $4.87 a year ago.
Roper Technologies is expected to post earnings of $5.79 per share for the current quarter, representing a year-over-year change of +12.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Roper Technologies. Also, the stock has a VGM Score of D.
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a leading online residential marketplace and part of CoStar Group (NASDAQ: CSGP), today published an analysis of the most expensive publicly marketed home sales across major U.S. metropolitan areas for the month of July. The full analysis is available here. The list highlights the top closed sales in leading markets nationwide based on publicly marketed transactions recorded in Multiple Listing Service (MLS) data. July's most expensive publicly market.
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today that it has completed its acquisition of Zonda, a leading provider of new home construction data, homebuilder software and residential real estate marketplaces, for $800 million in cash.The acquisition significantly expands CoStar Group's presence across the residential real estat.
On August 19, 2026, CoStar Group Inc
CSGP +7.49% 71
shares rose by 7.5%, closing at $33.73. This price is notably within a 52-week range of $25.89 to $91.89, indicating significant volatility and investor sentiment shifts over the past year.
GF Value™ verdict: The current price of $33.73 is significantly below the GF Value™ estimate of $103.04, suggesting a margin of safety of 67.3%.GF Score™: CSGP has a GF Score™ of 71/100, indicating an above-average investment quality.Notable signal: Insider activity shows that over the past 12 months, insiders have purchased $8.5 million worth of shares while only selling $2.8 million, resulting in a net buying of $5.7 million.Is CSGP Overvalued or Undervalued?The current valuation of CoStar Group Inc
CSGP +7.49% 71
suggests that the stock is significantly undervalued. With a market price of $33.73, which is substantially lower than its GF Value™ estimate of $103.04, the stock presents a compelling opportunity for investors looking for undervalued assets. The GF Value™ is GuruFocus' proprietary estimate of a stock's intrinsic value, derived from analyzing historical trading multiples, past business performance, and future growth projections. The 67.3% margin of safety indicates that the market may not fully recognize the company's potential for recovery and growth.
Given the GF Valuation label of "Significantly Undervalued," CSGP appears to have considerable upside potential. However, investors should remain cautious due to the stock's recent performance history, which shows a year-to-date decline of 49.8% and a staggering drop of 62.1% over the past year. Such volatility may indicate underlying issues that need to be addressed before fully capitalizing on its undervaluation.
How Does CSGP's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)177.5x129.1xForward P/E24.8xN/ACSGP's current trailing price-to-earnings (P/E) ratio stands at 177.5x, which is 38% above its 5-year median P/E of 129.1x. In contrast, the forward P/E of 24.8x indicates a more optimistic outlook for future earnings. This analysis suggests that the stock is trading above its historical valuation metrics, which contradicts the GF Value™ verdict that indicates the stock is undervalued. The high current P/E may reflect market skepticism regarding the company's ability to recover from its recent downturn, thus presenting both a risk and an opportunity.
What Does CSGP's GF Score™ Tell Us?The GF Score™ measures the overall quality of a stock by evaluating various factors, including financial stability, profitability, growth potential, valuation metrics, and momentum. CSGP's GF Score™ of 71/100 reflects above-average investment quality, with its strongest sub-ranks being Growth (9/10) and Profitability (8/10). Conversely, its weakest area is Valuation (2/10), indicating that the stock may be perceived as expensive based on current earnings.
MetricRatingGF Score™71Financial Strength8/10Profitability8/10Growth9/10Valuation2/10Momentum1/10Overall, CSGP exhibits strong financial strength and growth potential, with high scores in these areas suggesting that the company is well-positioned for future performance. However, the low valuation and momentum ranks indicate that the stock is currently facing challenges in market perception and price stability.
What Are Gurus and Insiders Doing with CSGP?Currently, 11 guru investors hold shares of CSGP, with 9 increasing their positions and 3 reducing their investments in recent quarters. This trend suggests that seasoned investors are confident in the company's long-term potential despite its recent struggles.
Furthermore, the insider buying activity is a positive indicator, with insiders purchasing $8.5 million in stock while only selling $2.8 million, resulting in a net purchase of $5.7 million. This behavior typically reflects management's belief in the company's future prospects and can instill confidence among other investors. The combination of guru and insider activity serves as a strong signal for CSGP's potential recovery.
What This Means for InvestorsIn conclusion, CoStar Group Inc
CSGP +7.49% 71
appears to be significantly undervalued according to the GF Value™ analysis, which presents a potential opportunity for discerning investors. Despite facing challenges reflected in its valuation metrics and recent stock performance, the indicators from guru and insider activity suggest a positive outlook for the company. For more detailed insights into CoStar Group Inc (CSGP), visit the CoStar Group Inc (CSGP) stock page and explore the GF Value™ page for further analysis.
Frequently Asked QuestionsWhat is CSGP's GF Score™?
CSGP has a GF Score™ of 71/100, indicating that it possesses above-average investment quality based on various fundamental metrics.
Is CSGP overvalued or undervalued?
CSGP is considered significantly undervalued, with a GF Value™ estimate of $103.04 compared to its current price of $33.73.
What is CSGP's P/E ratio?
CSGP's P/E ratio is currently 177.5x, which is above its 5-year median of 129.1x, indicating that the stock may be perceived as expensive relative to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics in the property markets, today announced that S
Auction industry veteran joins CoStar Group as Ten-X sharpens its focus as a standalone brand dedicated to the future of real estate auctions
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics in the property markets, today announced that Steve Price has joined the company as President of Ten-X, CoStar Group's digital commercial real estate auction platform.
Price joins CoStar Group after 12 years in senior leadership roles at Auction.com, most recently serving as Executive Vice President of Foreclosure Auction Services, the company's largest business unit. Ten-X operated as part of Auction.com prior to CoStar Group's acquisition of the platform in 2020.
At Auction.com, Price built and scaled disposition programs responsible for billions of dollars in real estate transactions, pioneered the HUD CWCOT 2nd Chance Program and led a reengineering of the foreclosure division that reduced operating costs by over 40% through new technology and automation. He also developed the company's remote bidding capability, which has facilitated more than $2.2 billion in total fundings since its launch, and drove the expansion of Foreclosure Auction Services into several high-volume states. Before Auction.com, Price spent a decade at Bank of America, most recently as SVP of Loss Mitigation.
As President, Price will build and lead a high-performing leadership team for Ten-X, fostering a collaborative, innovative and inclusive organizational culture. He will bring a data-driven approach to the business, closely monitoring and analyzing key performance metrics to ensure sales, service quality, marketing and product performance consistently meet and surpass established benchmarks. Price is known for personally leveraging data to drive informed decision-making, and he will apply that same rigor to quality assurance and continuous improvement across Ten-X.
"Steve has spent his career building and scaling disposition and auction businesses, and he knows this space as well as anyone in the industry," said Andy Florance, Founder and Chief Executive Officer of CoStar Group. "Ten-X is an innovative digital auction platform, and brokers and sellers who use it benefit from great underwriting, strong marketing, a proven digital auction process all backed by a massive buyer audience. Ten-X is an important and valuable part of CoStar Group's future roadmap and success. With Ten-X as a standalone brand and a dedicated leadership team focused solely on the opportunity ahead, I am highly confident in our ability to innovate, reimagine the product, grow revenue, and regain share in the online real estate auction space."
Although Ten-X will operate as a separate brand with its own dedicated leadership team, auctions will remain available on both CoStar and LoopNet. CoStar Group also plans to relaunch the Ten-X website, with bidding functionality available directly on the site.
"Ten-X already has the ingredients of a great marketplace - rigorous underwriting, a broad and engaged buyer audience, and a proven digital auction process," said Steve Price, President of Ten-X. "I'm excited to build a high-performing, data-driven team that's focused solely on this opportunity, and to bring the same discipline around performance and continuous improvement that has defined my career as we reimagine the platform and grow the business."
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
On August 17, 2026, CoStar Group Inc
CSGP -3.18% 71
shares fell 3.2% to $31.35, continuing a trend of volatility as the stock has fluctuated between a 52-week high of $91.89 and a low of $25.89. The year-to-date performance reflects a significant decline of 53.4%, with a staggering 65.0% drop over the past year.
GF Value™ verdict: Currently priced at $31.35, CSGP is estimated to be 69.5% undervalued compared to a GF Value™ of $102.94.GF Score™: CSGP has a GF Score™ of 71/100, indicating an above-average investment quality relative to its peers.Most notable signal: Over the past 12 months, insiders have engaged in net buying, with $8.5 million in purchases against $2.8 million in sales, signaling confidence in the company's future.Is CSGP Overvalued or Undervalued?CoStar Group Inc
CSGP -3.18% 71
presents a compelling valuation case with its current market price of $31.35, significantly lower than the GF Value™ estimate of $102.94. This suggests a substantial margin of safety of 69.5%, indicating that the stock may be undervalued at its present price. The GF Value™ is GuruFocus' proprietary estimate of the intrinsic value of a stock, derived from historical trading multiples, past business growth, and future performance predictions. A stock trading below its intrinsic value generally presents an opportunity for investors, albeit with caution regarding market fluctuations and the company's long-term growth trajectory.
The GF Valuation label categorizes CSGP as "Significantly Undervalued," reinforcing the notion that significant upside potential exists assuming the company can regain its footing and deliver on its growth promises. However, it is essential to consider the risks associated with market conditions and company performance, especially given the stock's recent volatility.
How Does CSGP's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)165.0x129.1xForward P/E23.1x-CSGP's current P/E ratio of 165.0x is notably above its 5-year median of 129.1x, indicating that the stock is trading at a premium compared to its historical valuation. The forward P/E of 23.1x suggests that while the stock appears overvalued in the short term, there might be expectations of improved performance in the future. This P/E analysis contradicts the GF Value™ verdict, suggesting a more nuanced perspective on the stock's potential value.
What Does CSGP's GF Score™ Tell Us?The GF Score™ evaluates a stock's overall quality based on various factors, including financial strength, profitability, growth potential, valuation, and momentum. CoStar Group Inc's GF Score™ of 71/100 indicates that it is well-positioned relative to its industry peers, with strengths in growth and profitability but weaknesses in valuation and momentum.
MetricRatingGF Score™71Financial Strength8/10Profitability8/10Growth9/10Valuation2/10Momentum1/10The strengths of CSGP are evident in its high scores for financial strength (8/10), profitability (8/10), and growth (9/10), suggesting a solid foundation for future performance. However, the low valuation score (2/10) and momentum score (1/10) indicate that the market may not currently reflect the company's intrinsic value or growth potential, highlighting a disparity between performance and market perception.
What Are Gurus and Insiders Doing with CSGP?Currently, 11 gurus hold shares in CoStar Group Inc, with 9 increasing their positions and 3 trimming them in recent quarters. This indicates a generally positive sentiment among professional investors. Insider activity has also been robust over the past year, with insiders purchasing a net amount of $5.7 million, signaling strong confidence in the company's future prospects from those who know it best.
This pattern of net buying by insiders may suggest that they believe the current market price does not accurately reflect the company's value. Such insider confidence can often be a positive indicator for potential future performance, as insiders typically have a deeper understanding of the company's operations and market conditions.
What This Means for InvestorsBased on the analysis of GF Value™, CoStar Group Inc is currently undervalued at its price of $31.35 compared to a fair value of $102.94. This significant margin of safety presents a potential opportunity for investors, particularly in light of the net insider buying and strong growth and profitability metrics. However, investors should remain cautious of the stock's high P/E ratio and overall market conditions, which may influence short-term performance. For further details and analysis, visit the CoStar Group Inc
CSGP -3.18% 71
stock page.
Frequently Asked QuestionsWhat is CSGP's GF Score™?
CSGP has a GF Score™ of 71/100, indicating it is above average relative to its peers and has solid potential for growth and profitability.
Is CSGP overvalued or undervalued?
CSGP is currently considered undervalued, with a GF Value™ of $102.94 compared to its market price of $31.35.
What is CSGP's P/E ratio?
CSGP's P/E ratio is 165.0x, which is above its 5-year median of 129.1x, indicating it is trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Fielder Capital Group LLC bought a new position in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 16,784 shares of the technology company’s stock, valued at approximately $475,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. United Capital Financial Advisors LLC boosted its position in shares of CoStar Group by 2.3% in the 3rd 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 during the period. Man Group plc raised its position in CoStar Group by 1.7% during the second quarter. Man Group plc now owns 10,368 shares of the technology company’s stock valued at $834,000 after buying an additional 177 shares during the period. Norinchukin Bank The increased its holdings in shares of CoStar Group by 0.5% in the 3rd quarter. Norinchukin Bank The now owns 35,539 shares of the technology company’s stock valued at $2,998,000 after purchasing an additional 184 shares during the period. Keel Point LLC increased its stake in CoStar Group by 6.4% in the 2nd quarter. Keel Point LLC now owns 3,830 shares of the technology company’s stock valued at $308,000 after buying an additional 231 shares during the period. Finally, Horizon Investments LLC raised its holdings in shares of CoStar Group by 1.8% during the fourth quarter. Horizon Investments LLC now owns 14,079 shares of the technology company’s stock worth $947,000 after acquiring an additional 247 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.
CoStar Group Stock Performance Shares of NASDAQ:CSGP opened at $32.38 on Monday. The stock has a market capitalization of $13.12 billion, a PE ratio of 170.43, a P/E/G ratio of 0.85 and a beta of 0.72. CoStar Group, Inc. has a 1 year low of $25.89 and a 1 year high of $91.89. The firm has a fifty day moving average price of $30.08 and a 200 day moving average price of $37.63. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.13.
CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The firm had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. During the same period in the prior year, the business posted $0.17 earnings per share. The business’s quarterly revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Analysts expect that CoStar Group, Inc. will post 1.06 EPS for the current fiscal year. Insider Transactions at CoStar Group In related news, CEO Andrew C. Florance bought 83,300 shares of CoStar Group stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the acquisition, the chief executive officer owned 1,806,165 shares in the company, valued at $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Cynthia Cammett Cann sold 4,788 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.78, for a total value of $147,374.64. Following the sale, the chief accounting officer directly owned 18,822 shares of the company’s stock, valued at $579,341.16. The trade was a 20.28% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.18% of the company’s stock.
Wall Street Analyst Weigh In A number of research analysts have commented on the company. Royal Bank Of Canada set a $34.00 target price on CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. BTIG Research cut their price target on CoStar Group from $55.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Robert W. Baird set a $34.00 price target on CoStar Group and gave the company a “neutral” rating in a report on Tuesday, July 14th. Wells Fargo & Company set a $26.00 price target on CoStar Group and gave the company an “underweight” rating in a research note on Wednesday, June 24th. Finally, Stephens dropped their price objective on CoStar Group from $50.00 to $42.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, CoStar Group currently has an average rating of “Hold” and an average price target of $41.61.
View Our Latest Analysis on CoStar Group
CoStar Group Company Profile (Free Report)
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.
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ARLINGTON, Va.--(BUSINESS WIRE)--U.S. multifamily vacancy has been revised downward, while rent growth projections have a stronger outlook, according to a new forecast from Apartments.com, an industry-leading online marketplace of CoStar Group, Inc. (NASDAQ: CSGP). National multifamily vacancy is estimated to increase to 8.2% by the end of this year before easing to 8.1% at the end of 2027. Stabilized vacancy is expected to remain flat through the end of the year, before rising modestly in earl.
ARLINGTON, Va.--(BUSINESS WIRE)--U.S. retail projections are expected to remain broadly balanced through 2027, according to a just-released forecast from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
National retail vacancy is anticipated to remain at current levels in the near term before rising minimally over the medium term, while rent growth is expected to strengthen modestly as limited new supply and healthy tenant demand continue to support occupancy.
“The updated forecast reflects stronger-than-anticipated demand earlier this year,” said Brandon Svec, national director of retail analytics at CoStar Group. "Store openings continue to outpace closures, known closure announcements have fallen to their lowest level in several quarters, and retailers have continued to backfill vacant space more quickly than expected. In addition, the pipeline of announced, but not yet opened, stores remains elevated, providing a continued source of future demand over the next two to three years.”
“Although the forecast has improved, risks remain tilted modestly to the downside,” said Svec. “Higher energy prices resulting from geopolitical conflict involving Iran could weigh on consumer spending and retailer profitability. Additional risks include renewed tariff uncertainty, further labor market deterioration leading to slower wage growth, and weaker population gains due to tighter immigration policies. Each could reduce retail sales growth and slow tenant expansion plans over the forecast period.”
The full forecast can be found here.
For more information about the company and its products and services, please visit costargroup.com.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 118 million average monthly unique visitors in the second quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
This news release includes "forward-looking statements" including, without limitation, statements regarding CoStar's expectations or beliefs regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. The following factors, among others, could cause or contribute to such differences: the risk that forecasted U.S. retail vacancy and rent growth for the remainder of 2026 are not influenced by general economic conditions as expected. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, those stated in CoStar’s filings from time to time with the Securities and Exchange Commission, including in CoStar’s Annual Report on Form 10-K for the year ended December 31, 2025 and Forms 10-Q for the quarterly periods ended March 31, 2026, June 30, 2026, and September 30, 2025, each of which is filed with the SEC, including in the “Risk Factors” section of those filings, as well as CoStar’s other filings with the SEC available at the SEC’s website (www.sec.gov). All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CoStar Group, Inc. (NASDAQ:CSGP – Get Free Report) was the target of unusually large options trading on Monday. Traders purchased 3,043 put options on the company. This represents an increase of approximately 47% compared to the average daily volume of 2,074 put options.
CoStar Group Stock Up 4.1% NASDAQ:CSGP opened at $31.48 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market cap of $12.76 billion, a P/E ratio of 165.69, a P/E/G ratio of 0.80 and a beta of 0.72. CoStar Group has a fifty-two week low of $25.89 and a fifty-two week high of $94.95. The firm has a 50-day simple moving average of $30.23 and a two-hundred day simple moving average of $38.58.
CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.03. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The firm had revenue of $925.00 million for the quarter, compared to the consensus estimate of $928.81 million. During the same quarter in the prior year, the firm posted $0.17 earnings per share. The business’s revenue was up 18.4% on a year-over-year basis. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Analysts predict that CoStar Group will post 1.06 earnings per share for the current fiscal year.
Analysts Set New Price Targets A number of equities research analysts have weighed in on the stock. Needham & Company LLC cut their price objective on shares of CoStar Group from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Wells Fargo & Company set a $26.00 price target on CoStar Group and gave the stock an “underweight” rating in a research note on Wednesday, June 24th. Keefe, Bruyette & Woods downgraded CoStar Group from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $41.00 to $29.00 in a research note on Wednesday, July 29th. Wolfe Research reaffirmed an “outperform” rating and set a $32.00 price objective (down from $35.00) on shares of CoStar Group in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $44.00 price objective on CoStar Group in a research note on Thursday, April 30th. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $41.61.
Read Our Latest Report on CoStar Group
Insider Buying and Selling at CoStar Group In other CoStar Group news, CAO Cynthia Cammett Cann sold 4,788 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $30.78, for a total transaction of $147,374.64. Following the completion of the transaction, the chief accounting officer owned 18,822 shares of the company’s stock, valued at approximately $579,341.16. This trade represents a 20.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew C. Florance bought 83,300 shares of CoStar Group stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of $29.89 per share, for a total transaction of $2,489,837.00. Following the completion of the transaction, the chief executive officer directly owned 1,806,165 shares in the company, valued at approximately $53,986,271.85. This trade represents a 4.83% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.18% of the company’s stock.
Institutional Inflows and Outflows Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new position in CoStar Group during the 2nd quarter valued at about $957,612,000. Norges Bank purchased a new stake in shares of CoStar Group during the 4th quarter valued at about $476,765,000. Baillie Gifford & Co. grew its stake in shares of CoStar Group by 56.9% in the fourth quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock worth $869,627,000 after acquiring an additional 4,691,543 shares during the period. Capital International Investors grew its stake in shares of CoStar Group by 59.7% in the fourth quarter. Capital International Investors now owns 10,842,010 shares of the technology company’s stock worth $729,020,000 after acquiring an additional 4,053,456 shares during the period. Finally, Viking Global Investors LP purchased a new position in shares of CoStar Group during the second quarter valued at approximately $258,773,000. 96.60% of the stock is owned by institutional investors.
CoStar Group Company Profile (Get Free Report)
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.
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Andrew C. Florance, the founder and CEO of CoStar Group, Inc. (CSGP +3.06%), reported a direct purchase of 83,300 shares of common stock on August 4, 2026. SEC Form 4 filing.
Today's Change
(
3.06
%) $
0.93
Current Price
$
31.17
Transaction summaryMetricValueShares purchased83,300Transaction value$2.5 millionPost-transaction shares (directly held)1,806,165Post-transaction value$53.86 millionTransaction value based on SEC Form 4 weighted average purchase price ($29.89); post-transaction value based on August 4, 2026 market close ($29.82).
Key questionsHow does this purchase affect the CEO’s total equity exposure?
This transaction expanded Andrew C. Florance's direct position by 5%, resulting in a total direct interest of 1,806,165 shares representing 0.45% of the company.What was the market context for the execution?
The purchase at $29.89 per share occurred while shares were priced at $29.82 as of the August 4, 2026 market close, following a significant period of price depreciation.Are there structural factors or indirect holdings involved?
The current filing indicates that the position is held entirely through direct ownership, and that no associated stock option exercises or other derivative activities were reported.Company OverviewMetricValueShare Price (as of market close 2026-08-04)$29.82Market Capitalization$12.1 billionRevenue (TTM)$3.6 billionNet Income (TTM)$74.1 millionCompany SnapshotCoStar Group provides comprehensive information, sophisticated analytics, and online marketplace services to professionals in commercial real estate, hospitality, residential, and related industries, with primary revenue derived from its data platforms, analytics tools, and digital marketplace solutions.The company operates a subscription and transaction-based business model, generating recurring revenue from institutional clients who rely on its proprietary data platforms and analytics capabilities for investment decision-making and market intelligence.CoStar serves commercial real estate investors, property managers, brokers, hospitality operators, and residential market participants across the United States, Canada, Europe, Asia Pacific, and Latin America.CoStar Group operates as a leading global provider of mission-critical information and analytics infrastructure for the real estate sector, leveraging proprietary data and advanced analytics to serve institutional clients across multiple geographies. The company maintains a competitive advantage through its comprehensive property-level databases, sophisticated analytical tools, and established marketplace platforms that have become integral to professional real estate decision-making processes. With a diversified geographic footprint and exposure to multiple real estate segments, CoStar is positioned to capture value across commercial, residential, and hospitality markets globally.
What this transaction means for investorsThere are many reasons an insider may sell shares in a company. One reason could be the need to raise cash to fund a large personal expense. Another reason could be for a reasonable portfolio diversification unrelated to their outlook for the company. A third reason could be what investors fear most: a bearish outlook on the company’s future.
However, there is only one reason an insider buys stock: they believe the share price is going up.
By that rule of thumb alone, Florence’s multi-million-dollar purchase of CoStar shares is a bullish signal. That signal is further bolstered by studies showing that, more often than not, an insider purchase predicts a higher share price 30 days later.
Let’s face it: CoStar shares have been having a tough year, with investors concerned about competition from Zillow Group Inc (ZG -0.44%). The fact that Florence is buying is the executive telling Wall Street he still believes in the business. Indeed, fiscal 2026 promises to be a year of improvement for CoStar, with revenue seen growing 15% to more than $3.7 billion and net income taking a very healthy jump from $7 million to more than $235 million, according to analysts’ consensus figures.
This quarter, the company is rolling out “platinum” listings on Homes.com, where realtors pay more for listings that get prominent placement in search and on the site. Florance told investors on a call in July that he believes such advertizing will drive the majority of Homes.com’s revenue in the coming years.
An insider purchase is never a fail-safe signal that a stock will rise. But it’s a very tangible proof that an executive like Florance believes in the business—even the very wealthy hate to lose money.
This is a bullish flag for investors interested in taking a closer look at CoStar or seeking validation in their current position.
TMF Writers add your take here...
Source: SEC Form 4 filing for CSGP | Filed: August 05, 2026
ARLINGTON, Va.--(BUSINESS WIRE)--U.S. office vacancy is expected to remain steady through 2026 before beginning a gradual decline, according to a revised forecast from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. National office vacancy continued to retreat in the second quarter of 2026, dropping slightly below 14% and shifting 30 basis points below its mid-2025 record peak. Between July 2025 and June 2026, office sup.
ARLINGTON, Va.--(BUSINESS WIRE)--Today, Apartments.com and CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets, released its latest update on U.S. multifamily vacancy trends, showing improving market conditions as apartment demand continues to absorb the recent wave of new supply. The national apartment vacancy rate declined to 8.2% in the second quarter of 2026, down 26 basis points from the prior quarter and 14 basis points.
