Costar Group, Inc (NASDAQ: CSGP) Hogging The Spotlight Today

Currently, there are 421.76M common shares owned by the public and among those 415.83M shares have been available to trade.

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

The company’s stock has a 5-day price change of -2.60% and -7.80% over the past three months. CSGP shares are trading 5.57% year to date (YTD), with the 12-month market performance down to -13.16% lower. It has a 12-month low price of $68.26 and touched a high of $100.38 over the same period. CSGP has an average intraday trading volume of 2.94 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.06%, 1.74%, and -0.57% respectively.

Institutional ownership of Costar Group, Inc (NASDAQ: CSGP) shares accounts for 96.61% of the company’s 421.76M shares outstanding.

It has a market capitalization of $31.88B and a beta (3y monthly) value of 0.93. The stock’s trailing 12-month PE ratio is 222.36, while the earnings-per-share (ttm) stands at $0.34. The company has a PEG of 6.09 and a Quick Ratio of 8.96 with the debt-to-equity ratio at 0.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.98% over the week and 2.67% over the month.

Earnings per share for the fiscal year are expected to increase by 19.09%, and 60.36% over the next financial year. EPS should grow at an annualized rate of 36.52% over the next five years, compared to -16.93% over the past 5-year period.

Looking at the support for the CSGP, a number of firms have released research notes about the stock. Deutsche Bank stated their Buy rating for the stock in a research note on February 28, 2025, with the firm’s price target at $89. Wells Fargo coverage for the Costar Group, Inc (CSGP) stock in a research note released on February 05, 2025 offered a Underweight rating with a price target of $65. RBC Capital Mkts was of a view on October 23, 2024 that the stock is Sector Perform, while Citigroup gave the stock Buy rating on February 07, 2024, issuing a price target of $90- $97. BTIG Research on their part issued Neutral rating on January 19, 2024.

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