Analysts Set CoStar Group, Inc. (NASDAQ:CSGP) Target Price at $73.35

CoStar Group, Inc. (NASDAQ:CSGP) has received a consensus rating of “Moderate Buy” from the nineteen research firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $73.3529.

A number of research firms recently commented on CSGP. Zacks Research raised shares of CoStar Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. BTIG Research set a $60.00 target price on shares of CoStar Group and gave the company a “buy” rating in a research note on Thursday, February 26th. Wells Fargo & Company reduced their target price on CoStar Group from $48.00 to $44.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research report on Monday, December 29th. Finally, Royal Bank Of Canada lowered their price target on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 25th.

Insider Buying and Selling at CoStar Group

In other CoStar Group news, Director Louise S. Sams bought 1,000 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were bought at an average price of $48.36 per share, for a total transaction of $48,360.00. Following the acquisition, the director directly owned 20,409 shares of the company’s stock, valued at approximately $986,979.24. This trade represents a 5.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.09% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CoStar Group

Several institutional investors and hedge funds have recently modified their holdings of CSGP. Hsbc Holdings PLC increased 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 worth $66,392,000 after acquiring an additional 251,750 shares during the last quarter. BSN CAPITAL PARTNERS Ltd acquired a new stake in CoStar Group during the fourth quarter valued at $10,144,000. Reflection Asset Management acquired a new stake in CoStar Group during the fourth quarter valued at $27,000. SG Trading Solutions LLC purchased a new position in CoStar Group in the fourth quarter valued at about $218,000. Finally, Pacer Advisors Inc. grew its stake in 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 currently owned by hedge funds and other institutional investors.

CoStar Group Price Performance

Shares of NASDAQ:CSGP opened at $43.62 on Friday. CoStar Group has a one year low of $42.94 and a one year high of $97.43. The stock has a fifty day moving average of $53.85 and a 200-day moving average of $67.34. The company has a market capitalization of $18.31 billion, a PE ratio of 4,366.37, a price-to-earnings-growth ratio of 1.17 and a beta of 0.90. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.84 and a current ratio of 2.84.

CoStar Group (NASDAQ:CSGP) last announced its earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.The company had revenue of $899.90 million for the quarter, compared to analyst estimates of $892.22 million. During the same period in the previous year, the firm earned $0.26 earnings per share. CoStar Group’s revenue for the quarter 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. As a group, equities analysts anticipate that CoStar Group will post 0.94 EPS for the current fiscal year.

CoStar Group declared that its board has authorized a stock buyback plan on Wednesday, January 7th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

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.