Citizens Jmp Lowers CoStar Group (NASDAQ:CSGP) Price Target to $78.00

CoStar Group (NASDAQ:CSGP) had its price objective lowered by equities researchers at Citizens Jmp from $100.00 to $78.00 in a report released on Thursday,Benzinga reports. The firm currently has a “market outperform” rating on the technology company’s stock. Citizens Jmp’s price target would suggest a potential upside of 26.50% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Raymond James Financial set a $74.00 price target on shares of CoStar Group in a report on Wednesday. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. Wells Fargo & Company set a $60.00 price target on shares of CoStar Group and gave the company an “underweight” rating in a report on Monday, November 17th. Citigroup restated a “market outperform” rating on shares of CoStar Group in a research report on Thursday. Finally, BTIG Research began coverage on CoStar Group in a research report on Friday, October 3rd. They issued a “neutral” rating on the stock. 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 company. According to MarketBeat, CoStar Group has an average rating of “Moderate Buy” and a consensus price target of $91.07.

CoStar Group Trading Down 8.2%

Shares of CSGP opened at $61.66 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.12 and a current ratio of 3.12. The firm has a market cap of $26.13 billion, a P/E ratio of 1,233.20, a price-to-earnings-growth ratio of 1.45 and a beta of 0.84. CoStar Group has a fifty-two week low of $61.57 and a fifty-two week high of $97.43. The business has a 50-day moving average of $67.29 and a 200 day moving average of $79.08.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The firm had revenue of $833.60 million during the quarter, compared to the consensus estimate of $823.62 million. During the same quarter last year, the company earned $0.22 earnings per share. The company’s revenue was up 20.4% on a year-over-year basis. 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, research analysts forecast that CoStar Group will post 0.94 EPS for the current year.

CoStar Group declared that its Board of Directors has initiated a stock repurchase program on Wednesday, January 7th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the technology company to purchase up to 5.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On CoStar Group

Several hedge funds have recently added to or reduced their stakes in the company. Quent Capital LLC bought a new position in shares of CoStar Group during the 3rd quarter valued at about $26,000. Manning & Napier Advisors LLC purchased a new stake in CoStar Group in the third quarter worth approximately $28,000. Rossby Financial LCC grew its position in CoStar Group by 315.9% during the second quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock valued at $27,000 after acquiring an additional 259 shares during the last quarter. Westside Investment Management Inc. raised its stake in shares of CoStar Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after acquiring an additional 180 shares in the last quarter. Finally, Bayforest Capital Ltd bought a new stake in shares of CoStar Group in the 1st quarter worth approximately $29,000. Institutional investors own 96.60% of the company’s stock.

Key CoStar Group News

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

• Positive Sentiment: Board approved a $1.5 billion share repurchase (about 5.3% of shares outstanding), signaling management believes the stock is undervalued and returning cash to shareholders. Read More.
• Positive Sentiment: Company disclosed a medium‑term plan focused on significant adjusted EBITDA expansion and outlined capital allocation priorities (buybacks, margin improvement). This is management signaling improved profitability and shareholder alignment. Read More.
• Positive Sentiment: Management expects ~18% year‑over‑year revenue growth for FY26, reinforcing top‑line strength in its marketplaces and analytics businesses. Read More.
• Positive Sentiment: Analyst coverage: William Blair reiterated a Buy rating and framed the combination of conservative guidance and improved capital allocation as a buying opportunity. Analyst support can stabilize sentiment after a selloff. Read More.
• Neutral Sentiment: CoStar issued FY‑26 EPS guidance of $1.220–$1.330 (consensus ~$1.27) and revenue guidance roughly in line with expectations; the range is conservative but not a large miss — leaves upside dependent on execution. Read More.
• Neutral Sentiment: Corporate governance / compensation tweaks were announced alongside the buyback, presented as shareholder‑aligned changes; impact depends on details and investor reception. Read More.
• Negative Sentiment: CoStar plans to reduce net investment in Homes.com by at least $100M annually through 2030; Barron’s reports investors reacted negatively to the longer timeline to profitability and reduced investment, which likely exacerbated the selloff. Read More.

CoStar Group Company Profile

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.