CoStar Group (NASDAQ:CSGP) to Repurchase $1.50 billion in Shares

CoStar Group (NASDAQ:CSGP) declared that its board has approved a share repurchase program on Wednesday, January 7th, RTT News reports. The company plans to repurchase $1.50 billion in shares. This repurchase authorization authorizes the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CSGP shares. The Goldman Sachs Group set a $78.00 price target on shares of CoStar Group in a report on Thursday. Citigroup restated a “market outperform” rating on shares of CoStar Group in a research report on Thursday. BMO Capital Markets lowered their price target on shares of CoStar Group from $77.00 to $72.00 and set a “market perform” rating for the company in a report on Thursday. Citizens Jmp dropped their price target on CoStar Group from $100.00 to $78.00 and set a “market outperform” rating for the company in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $68.00 price objective on CoStar Group in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, CoStar Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.38.

CoStar Group Price Performance

CSGP stock opened at $58.49 on Friday. The company has a market capitalization of $24.79 billion, a P/E ratio of 1,169.80, a PEG ratio of 1.35 and a beta of 0.84. The company has a fifty day moving average price of $66.92 and a 200-day moving average price of $78.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.12 and a current ratio of 3.12. CoStar Group has a 52-week low of $58.41 and a 52-week high of $97.43.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The business had revenue of $833.60 million during the quarter, compared to the consensus estimate of $823.62 million. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.CoStar Group’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. As a group, equities analysts expect that CoStar Group will post 0.94 EPS for the current year.

Trending Headlines about CoStar Group

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

• Positive Sentiment: Board approved a $1.5 billion share buyback (up to ~5.3% of shares); buybacks can support the stock and signal management sees shares as undervalued. CoStar Group (NASDAQ:CSGP) to Buyback $1.50 billion in Outstanding Shares
• Positive Sentiment: Company set FY26 guidance implying roughly 18% year‑over‑year revenue growth — a growth outlook that supports long‑term valuation if execution continues. CoStar sees ~18% Y/Y growth in FY26 revenue
• Positive Sentiment: CoStar market data shows U.S. office leasing activity rose ~5% in 2025 (Boston strongest); improving leasing fundamentals help demand for CoStar’s data and subscription services. CoStar data shows office leasing activity rose 5% in 2025
• Positive Sentiment: Apartments.com reported a modest rebound in U.S. apartment rent growth in December — a positive signal for CoStar’s rentals/marketplace segment revenue. Apartments.com Releases Multifamily Rent Growth Report for December 2025
• Neutral Sentiment: Analyst survey / deep dive summarizes seven recent ratings — several firms remain positive but many trimmed price targets, showing mixed sentiment among sell‑side analysts. Deep Dive Into CoStar Group Stock: Analyst Perspectives (7 Ratings)
• Neutral Sentiment: Market commentary is asking whether the $1.5B buyback reshapes CoStar’s growth story versus returning cash — importance depends on execution and whether buybacks materially lift EPS. Is CoStar (CSGP) Using Its New $1.5 Billion Buyback To Redefine Its Growth Story?
• Negative Sentiment: Multiple analysts cut price targets recently (BMO lowered to $72; Goldman, Needham, Citizens Jmp also trimmed targets), which can pressure the stock as sell‑side comps and short‑term sentiment weaken. CoStar Group price target lowered to $72 from $77 at BMO Capital

About CoStar Group

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.