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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.

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

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

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.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.8% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

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.

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.

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.

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property

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

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].

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.

Posted by Defense World Staff on Aug 11th, 2026

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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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.

Posted by Defense World Staff on Aug 6th, 2026

Bank of America Corp DE boosted its position in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 1.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,568,107 shares of the technology company’s stock after acquiring an additional 63,295 shares during the period. Bank of America Corp DE owned about 0.87% of CoStar Group worth $143,937,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Edgestream Partners L.P. boosted its holdings in shares of CoStar Group by 370.9% in the 1st quarter. Edgestream Partners L.P. now owns 74,431 shares of the technology company’s stock valued at $3,003,000 after buying an additional 58,626 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of CoStar Group by 3.4% in the 1st quarter. Janus Henderson Group PLC now owns 7,724,152 shares of the technology company’s stock valued at $311,586,000 after buying an additional 250,772 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in CoStar Group by 60.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,721 shares of the technology company’s stock worth $110,000 after acquiring an additional 1,026 shares in the last quarter. Royal Bank of Canada raised its stake in CoStar Group by 9.8% during the 1st quarter. Royal Bank of Canada now owns 1,435,734 shares of the technology company’s stock worth $57,917,000 after acquiring an additional 127,792 shares in the last quarter. Finally, Rush Island Management LP purchased a new stake in CoStar Group in the first quarter valued at $19,492,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Insider Buying and Selling at CoStar Group In related news, CEO Andrew C. Florance purchased 83,300 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was bought 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 $53,986,271.85. The trade was a 4.83% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.18% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In Several equities analysts have issued reports on the stock. Wolfe Research restated an “outperform” rating and issued a $32.00 price objective (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th. Needham & Company LLC cut their target price on CoStar Group from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, July 29th. Citigroup downgraded CoStar Group from a “market outperform” rating to a “neutral” rating and reduced their target price for the company 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 target price on shares of CoStar Group in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. dropped their price target on CoStar Group from $58.00 to $52.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Nine investment 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.com, the company presently has a consensus rating of “Hold” and an average price target of $41.61.

Check Out Our Latest Stock Analysis on CoStar Group

CoStar Group Stock Performance NASDAQ CSGP opened at $30.21 on Thursday. The company has a market capitalization of $12.24 billion, a P/E ratio of 159.01, a PEG ratio of 0.78 and a beta of 0.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.21 and a quick ratio of 2.21. CoStar Group, Inc. has a 1-year low of $25.89 and a 1-year high of $97.40. The business has a 50 day moving average price of $30.38 and a 200 day moving average price of $39.31.

CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $928.81 million. During the same period in the prior year, the company earned $0.17 EPS. The firm’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. Sell-side analysts expect that CoStar Group, Inc. will post 1.06 EPS for the current fiscal year.

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 SpaceX: Love the Company, But the Stock Is a Harder Call Ulta’s Growth Is Real, But So Are the Risks BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth 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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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. CoStar Group's services cover various property types, including office, retail, industrial, multifamily, commercial land, mixed-use, and hospitality. Through the acquired businesses of Homesnap and Homes.com, it offers an online platform for residential real estate agents and brokers. Homebuyers can view residential property listings through the portal.

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 B, and shares are up 3% over the past four weeks.

For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $1.35 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.

ARLINGTON, Va.--(BUSINESS WIRE)--U.S. industrial vacancy is expected to rise slightly through early 2027 before making a gradual descent, according to a revised forecast from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. The national industrial vacancy rate remains in the mid-7% range entering the third quarter of 2026 and is expected to edge higher into 2027 before beginning a steady decline. This is a modest improvem.

U.S. industrial vacancy is expected to rise slightly through early 2027 before making a gradual descent, according to a revised forecast from [url="]CoStar[/url

Posted by Defense World Staff on Aug 1st, 2026

Amundi lowered its stake in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 20.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,280,724 shares of the technology company’s stock after selling 833,792 shares during the quarter. Amundi owned about 0.80% of CoStar Group worth $132,344,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CSGP. Norges Bank purchased a new stake in shares of CoStar Group in the 4th quarter valued at $476,765,000. Baillie Gifford & Co. lifted its holdings in CoStar Group by 56.9% during the 4th quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock worth $869,627,000 after buying an additional 4,691,543 shares during the last quarter. Capital International Investors boosted its position in shares of CoStar Group by 59.7% during the 4th 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 in the last quarter. Viking Global Investors LP acquired a new position in shares of CoStar Group during the 2nd quarter worth about $258,773,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of CoStar Group by 70.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,751,312 shares of the technology company’s stock valued at $252,238,000 after acquiring an additional 1,556,100 shares during the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

CoStar Group News Summary Here are the key news stories impacting CoStar Group this week:

Positive Sentiment: CoStar’s second-quarter revenue increased 18.4% year over year, while adjusted earnings of $0.32 per share exceeded the $0.29 consensus estimate. The company also highlighted record revenue growth and maintained third-quarter and full-year 2026 earnings guidance. CoStar Group Q2 2026 Earnings Call Highlights Positive Sentiment: Zacks identified CoStar as a potentially attractive long-term growth stock, suggesting its growth profile and Style Scores remain supportive despite recent momentum concerns. Why CoStar Group Is a Top Growth Stock for the Long-Term Neutral Sentiment: CoStar data showed UK regional office construction starts fell below 5 million square feet in the second quarter, a 20-year low, while London dominated development. The report reinforces CoStar’s value as a real estate data provider, but weak office construction reflects challenging conditions for parts of the property market. CoStar Data Shows London Dominates UK Office Development Negative Sentiment: William Blair, Keefe, Bruyette & Woods and other analysts lowered their ratings, while JPMorgan cut its price target to $52, Citizens JMP reduced its target to $35, and BTIG issued a pessimistic forecast. The changes signal diminishing confidence in the near-term upside. Analyst Rating and Price Target Updates Negative Sentiment: Investor concerns include slower momentum, uncertainty around future earnings growth, soft guidance and the departure of Chief Financial Officer Scott Wheeler. CoStar’s quarterly revenue also came in slightly below consensus, and its high price-to-earnings ratio leaves the stock sensitive to any further slowdown. CoStar Group Near-Term Earnings Growth Uncertainty Analysts Set New Price Targets Several equities analysts have issued reports on CSGP shares. Weiss Ratings restated a “sell (d)” rating on shares of CoStar Group in a research note on Wednesday, June 24th. Robert W. Baird set a $34.00 target price on CoStar Group and gave the company a “neutral” rating in a report on Tuesday, July 14th. Wall Street Zen raised CoStar Group from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. The Goldman Sachs Group restated a “buy” rating and set a $40.00 price target on shares of CoStar Group in a research note on Wednesday. Finally, Bank of America decreased their price objective on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. 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. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $41.61.

View Our Latest Stock Report on CoStar Group

CoStar Group Price Performance CSGP opened at $28.76 on Friday. The company has a 50 day moving average of $30.55 and a two-hundred day moving average of $40.14. The company has a quick ratio of 2.20, a current ratio of 2.21 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 52-week low of $25.89 and a 52-week high of $97.43. The company has a market cap of $11.65 billion, a P/E ratio of 151.38, a P/E/G ratio of 0.77 and a beta of 0.74.

CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $928.81 million. During the same quarter in the previous year, the business posted $0.17 EPS. The firm’s revenue was up 18.4% compared to the same quarter last year. 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, analysts expect that CoStar Group, Inc. will post 1.06 earnings per share for the current year.

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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Office construction in UK regions has fallen to its lowest level in at least 20 years,according to data from [url="]CoStar[/url], a global leading provider of o

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Key Takeaways CoStar Group's Q2 earnings rose 88.2% as revenues climbed 18.4%, though sales missed estimates.Residential EBITDA turned positive for the first time, while Homes.com revenues jumped 66%.Cost discipline lifted adjusted EBITDA margin to 20%, but CoStar Group cut its 2026 revenue outlook. CoStar Group (CSGP - Free Report) 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 2025-end. Long-term debt was $994 million, broadly unchanged from $993 million at the end of 2025.

As of June 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.

CSGP’s Zacks Rank & Other Stocks to ConsiderCoStar Group currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks in the broader Zacks Computer and Technology sector include ASE Technology (ASX - Free Report) , nVent Electric (NVT - Free Report) and Tokyo Electron (TOELY - Free Report) . Each stock currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of ASE Technology have gained 110.7% in the year-to-date period. ASX is set to report the second quarter of 2026 results on July 30.

Shares of nVent Electric have surged 39% in the year-to-date period. NVT is slated to report second-quarter 2026 results on July 31.

Tokyo Electron's shares have gained 49.3% in the year-to-date period. TOELY is set to report first-quarter fiscal 2027 results on July 30.

Revenue: $925 million in Q2 2026, an 18% increase year over year.Adjusted EBITDA: $184 million, more than doubled year over year, with a 20% margin.Net Income:

3 Large Cap Stocks Announce Big Buyback Boosts Amid +20% FallsCoStar Group NASDAQ: CSGP reported second-quarter 2026 revenue of $925 million, up 18% from a year earlier, while adjusted EBITDA more than doubled to $184 million. The company said the quarter marked a profitability inflection point as it limited operating-cost growth to 2% while continuing investments across its commercial real estate, residential and spatial-data businesses.

Founder and CEO Andrew Florance said net income increased 817% year over year and EBITDA rose 441%. CoStar recorded its 61st consecutive quarter of double-digit revenue growth and maintained its full-year adjusted EBITDA outlook of $780 million to $820 million, which would represent the company’s highest annual adjusted EBITDA result.

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Commercial segment growth led by CoStar and LoopNet 2 Stocks That Could Rocket on a Fed Rate CutCommercial revenue rose 8% year over year to $481 million, while commercial adjusted EBITDA increased 7% to $172 million. CoStar’s core platform generated $337 million of revenue, up 9%, with subscribers increasing 19% to 327,000. Renewal rates were 93%, and net new bookings from brokers increased 48% year over year, including a multiyear renewal from the company’s largest brokerage client.

LoopNet revenue increased 14% to $87 million. U.S. paid listings rose 9% to 220,000, while paid listings grew 24% in Canada and 52% in the United Kingdom. The company expanded the LoopNet sales force to 225 representatives from 191 a year earlier.

Is CoStar Group Stock a Buy Before Earnings? Analysts Think SoCoStar Debt Solutions delivered more than $4 million in net new monthly bookings, up 96% year over year, according to Florance. The business is developing benchmarking tools using anonymized and aggregated data from 300 lender clients, representing more than 100,000 active loans and over $1.2 trillion of outstanding debt.

Other commercial revenue declined 5% to $57 million, primarily because of lower transaction volumes at Ten-X. CoStar is restructuring Ten-X, reducing costs by $7 million year to date while revenue declined by $4 million during the process. The company plans to separate Ten-X from LoopNet with dedicated sales, marketing and leadership teams.

During the quarter, CoStar launched rent-benchmark data based on 4 million AI-abstracted lease documents, introduced its CoStar platform in France, added U.K. public-record search capabilities and extended AI-powered lease abstraction into CoStar Real Estate Manager. The company continues to target a second-half 2026 launch of CoStar in Australia.

Residential segment reaches positive EBITDA Residential revenue increased 33% year over year to $444 million. The residential segment posted record adjusted EBITDA of $12 million, its first profitable quarter since Homes.com launched in the first quarter of 2024. The company said the result reflected personnel-cost reductions, operational efficiencies and early benefits from AI initiatives.

Apartments.com revenue rose 9% to $318 million. Paid properties increased 12% to nearly 93,000, while monthly renewal rates remained at 99%. Average revenue per property was down about 3.6% year over year, which Florance attributed primarily to a mix shift toward smaller communities with lower pricing.

Management said apartment owners remain price sensitive amid elevated supply, widespread concessions and competitive pricing. Florance said CoStar is maintaining pricing discipline, citing third-party analysis that found Apartments.com leads converted to leases at 2.5 times the rate of the next closest competitor.

Homes.com revenue grew 66% to $28.5 million, reaching an annualized run rate of $116 million at quarter-end. Agent subscribers more than doubled year over year to over 36,000, while the average subscriber price rose to $305 in June. The monthly cancellation rate declined to 2.4% from 6.5% a year earlier.

The company plans to introduce a Platinum marketing tier for Homes.com during the third quarter. The offering will include enhanced search placement, social marketing, photography, drone imagery and Matterport tours. Florance said CoStar expects higher-value advertising products, which it refers to as depth advertising, to become a significant source of future Homes.com revenue.

CoStar reduced Homes.com inside sales representatives from 660 at the end of 2025 to about 400, while expanding its field sales team to 50 representatives across Washington, D.C., Tampa, Atlanta, Dallas and Chicago. Management said production per representative increased 19%, and Homes.com net new bookings remained consistent with the first quarter despite the reduction in sales headcount.

Guidance revised for revenue, maintained for EBITDA Chief Financial Officer Christian Lown said CoStar revised its full-year 2026 revenue outlook to $3.715 billion to $3.755 billion, representing 15% growth at the midpoint. Commercial revenue is expected to be $1.94 billion to $1.96 billion, while residential revenue is projected at $1.775 billion to $1.795 billion.

The company said its lower revenue outlook reflects the Ten-X restructuring, Homes.com sales-force optimization and Apartments.com’s decision to maintain pricing rather than pursue lower-priced competitive offerings. CoStar nevertheless reaffirmed its full-year adjusted EBITDA outlook of $780 million to $820 million and adjusted earnings-per-share guidance of $1.32 to $1.39.

For the third quarter, CoStar expects revenue of $935 million to $945 million and adjusted EBITDA of $190 million to $210 million. The company projected commercial adjusted EBITDA of $162 million to $172 million and residential adjusted EBITDA of $28 million to $38 million.

CoStar repurchased 2.4 million shares for $82.1 million during the second quarter, bringing year-to-date repurchases to 13.75 million shares for $587 million. The company expects $700 million of total share repurchases in 2026.

Zonda deal and CFO transition CoStar continues to expect its acquisition of new-home construction data and marketplace provider Zonda to close in the second half of 2026, subject to regulatory approval. The company said its guidance does not include any financial contribution from the transaction.

Lown said this would be his final earnings call as CoStar’s CFO before joining Allstate in the same role. Florance announced that Robin Rossmann, who has led CoStar businesses internationally, will succeed Lown as chief financial officer.

About CoStar Group (NASDAQ:CSGP)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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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CoStar Group (CSGP - Free Report) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this commercial real estate information and marketing provider would post earnings of $0.18 per share when it actually produced earnings of $0.23, delivering a surprise of +27.78%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

CoStar, which belongs to the Zacks Computers - IT Services industry, posted revenues of $925 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.47%. This compares to year-ago revenues of $781.3 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

CoStar shares have lost about 56.6% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for CoStar?While CoStar has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for CoStar was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.37 on $978.07 million in revenues for the coming quarter and $1.34 on $3.81 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

DXC Technology Company. (DXC - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.

This company is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of -38.2%. The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level.

DXC Technology Company.'s revenues are expected to be $2.99 billion, down 5.5% from the year-ago quarter.

Posted by Defense World Staff on Jul 28th, 2026

Entropy Technologies LP boosted its stake in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 194.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,653 shares of the technology company’s stock after purchasing an additional 25,532 shares during the period. Entropy Technologies LP’s holdings in CoStar Group were worth $1,559,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Reflection Asset Management bought a new stake in shares of CoStar Group in the fourth quarter worth $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of CoStar Group during the 4th quarter valued at about $29,000. Caitong International Asset Management Co. Ltd increased its position 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 valued at $43,000 after purchasing an additional 513 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in shares of CoStar Group during the 3rd quarter valued at about $48,000. Finally, DV Equities LLC bought a new position in shares of CoStar Group in the 4th quarter worth approximately $40,000. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

CoStar Group Price Performance NASDAQ CSGP opened at $29.17 on Tuesday. CoStar Group, Inc. has a 12 month low of $26.68 and a 12 month high of $97.43. The stock has a market cap of $11.91 billion, a price-to-earnings ratio of 486.25, a PEG ratio of 0.71 and a beta of 0.74. The company’s 50 day moving average is $30.90 and its two-hundred day moving average is $40.87. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.13.

CoStar Group (NASDAQ:CSGP – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. The business had revenue of $897.00 million during the quarter, compared to analyst estimates of $896.73 million. CoStar Group had a net margin of 0.74% and a return on equity of 2.90%. The company’s revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.04) earnings per share. As a group, research analysts anticipate that CoStar Group, Inc. will post 1.03 earnings per share for the current year.

Analysts Set New Price Targets Several brokerages recently issued reports on CSGP. Benchmark assumed coverage on shares of CoStar Group in a research report on Thursday, June 4th. They set a “buy” rating and a $45.00 target price for the company. Robert W. Baird set a $34.00 price target on shares of CoStar Group and gave the stock a “neutral” rating in a research report on Tuesday, July 14th. Keefe, Bruyette & Woods dropped their price target on shares of CoStar Group from $50.00 to $41.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Wall Street Zen raised shares of CoStar Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Bank of America reduced their price objective on CoStar Group from $42.00 to $37.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Twelve research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.50.

View Our Latest Report on CoStar Group

Insider Buying and Selling at CoStar Group In other news, CEO Andrew C. Florance bought 71,430 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of $35.20 per share, for a total transaction of $2,514,336.00. Following the purchase, the chief executive officer owned 1,722,865 shares in the company, valued at $60,644,848. This represents a 4.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.18% of the company’s stock.

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.

Read More Five stocks we like better than CoStar Group AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight 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 July 27, 2026, CoStar Group Inc CSGP shares rose 5.5% today to a current price of $29.16. This price is considerably lower than the 52-week high of $97.43 and above the 52-week low of $26.68, indicating significant volatility over the past year.

GF Value™ verdict: Current price at $29.16 is 71.8% undervalued compared to GF Value™ of $103.53.GF Score™ of 70/100 indicates an above-average ranking, suggesting potential for long-term returns.Notable signal: Insiders have purchased $2.5M in stock over the last three months, with no sales reported.Is CSGP Overvalued or Undervalued?The current price of CoStar Group Inc CSGP at $29.16 is significantly lower than the GF Value™ estimate of $103.53, representing a margin of safety of approximately 71.8%. This substantial difference suggests that CSGP is undervalued according to the GF Value™ methodology, which is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The GF Valuation label indicates that the stock is significantly undervalued, providing an opportunity for potential upside if the market corrects this discrepancy.

While the undervaluation presents a potential opportunity for investors, it is essential to consider the underlying performance of the company and the current market conditions that may be affecting its stock price. The significant drop in the stock's value over the past year (68.6% decline) raises questions about the reasons behind this downturn, which could be linked to broader market trends or company-specific challenges.

How Does CSGP's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)486.2x129.1xForward P/E21.4xN/ACoStar Group's current P/E (TTM) of 486.2x is significantly above its 5-year median P/E of 129.1x, indicating that the stock is trading at a premium compared to its historical valuation. In contrast, the forward P/E of 21.4x suggests a more favorable outlook for future earnings. This P/E analysis agrees with the GF Value™ verdict of undervaluation, as it highlights a significant disparity between current earnings multiples and historical norms.

What Does CSGP's GF Score™ Tell Us?MetricRatingGF Score™70Financial Strength6/10Profitability8/10Growth9/10Valuation2/10Momentum1/10The GF Score™ of 70/100 indicates that CoStar Group has an above-average potential for delivering long-term returns. The strongest aspects of the company are its Growth (9/10) and Profitability (8/10) scores, reflecting robust business prospects and strong financial metrics. However, the Valuation (2/10) and Momentum (1/10) scores suggest that the stock is presently underperforming in terms of market sentiment and valuation metrics, which may be a concern for prospective investors.

What Are Insiders Doing with CSGP Stock?Recent insider activity has been positive, with insiders purchasing $2.5 million worth of CoStar Group stock over the last three months and no insider selling reported. This pattern of buying may signal confidence from company executives regarding the future prospects of CSGP. Such insider purchases can often be viewed as a bullish indicator, implying that those with the most knowledge about the company's operations expect the stock to appreciate in value.

What This Means for InvestorsBased on the GF Value™ assessment, CoStar Group Inc CSGP is currently undervalued. With a substantial gap between its current price and intrinsic value, the stock may present an opportunity for those looking to invest. However, potential investors should conduct further due diligence, considering the company's recent performance trends and market conditions.

For the complete analysis, visit the CoStar Group Inc CSGP stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked QuestionsWhat is CSGP's GF Score™?

CSGP's GF Score™ is 70/100, indicating an above-average ranking that suggests potential for long-term returns based on various key factors.

Is CSGP overvalued or undervalued?

CSGP is currently undervalued, with a GF Value™ of $103.53 compared to its current price of $29.16, indicating a significant investment opportunity.

What is CSGP's P/E ratio?

CSGP's P/E ratio (TTM) is 486.2x, which is substantially higher than its 5-year median P/E of 129.1x, indicating that the stock 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].