CoStar Group, Inc. (NASDAQ:CSGP) Receives Average Rating of “Moderate Buy” from Analysts

Shares of CoStar Group, Inc. (NASDAQ:CSGP) have been given an average rating of “Moderate Buy” by the nineteen analysts that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, eleven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $72.7647.

CSGP has been the subject of several recent analyst reports. BTIG Research set a $60.00 target price on CoStar Group and gave the stock a “buy” rating in a research note on Thursday, February 26th. Wells Fargo & Company cut their target price on CoStar Group from $48.00 to $44.00 and set an “underweight” rating for the company in a research note on Wednesday, February 25th. Needham & Company LLC cut their target price on CoStar Group from $80.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Keefe, Bruyette & Woods cut their target price on CoStar Group from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Finally, Citigroup reissued a “market outperform” rating on shares of CoStar Group in a research note on Thursday, January 8th.

CoStar Group Price Performance

CoStar Group stock opened at $36.48 on Wednesday. CoStar Group has a 12-month low of $35.77 and a 12-month high of $97.43. The stock has a market cap of $15.31 billion, a P/E ratio of 3,651.65, a PEG ratio of 0.98 and a beta of 0.92. The company has a 50-day moving average price of $45.15 and a 200 day moving average price of $61.05. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.12.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The firm had revenue of $899.90 million during the quarter, compared to analysts’ expectations of $892.22 million. During the same period last year, the business earned $0.26 earnings per share. CoStar Group’s revenue was up 26.9% compared to the same quarter last year. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Sell-side analysts anticipate that CoStar Group will post 0.94 earnings per share for the current year.

CoStar Group announced that its Board of Directors has authorized a share repurchase plan on Wednesday, January 7th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the technology company to repurchase up to 5.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at CoStar Group

In other news, Director Louise S. Sams acquired 1,000 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was acquired at an average cost of $48.36 per share, with a total value of $48,360.00. Following the completion of the purchase, the director owned 20,409 shares of the company’s stock, valued at $986,979.24. This represents a 5.15% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 1.09% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CoStar Group

A number of institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC grew its stake in shares of CoStar Group by 34.2% in the fourth quarter. Hsbc Holdings PLC now owns 987,270 shares of the technology company’s stock valued at $66,392,000 after buying an additional 251,750 shares in the last quarter. BSN CAPITAL PARTNERS Ltd acquired a new stake in shares of CoStar Group in the fourth quarter valued at $10,144,000. Reflection Asset Management acquired a new stake in shares of CoStar Group in the fourth quarter valued at $27,000. SG Trading Solutions LLC acquired a new position in shares of CoStar Group in the fourth quarter valued at approximately $218,000. Finally, Pacer Advisors Inc. grew its holdings in shares of CoStar Group by 1.6% in the fourth quarter. Pacer Advisors Inc. now owns 64,330 shares of the technology company’s stock valued at $4,326,000 after purchasing an additional 1,029 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

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.