CoStar Group (NASDAQ:CSGP) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

by · The Markets Daily

CoStar Group (NASDAQ:CSGP – Get Free Report) issued its earnings results on Tuesday. The technology company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.03, FiscalAI reports. The firm had revenue of $900.00 million during the quarter, compared to analyst estimates of $892.22 million. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. CoStar Group updated its Q1 2026 guidance to 0.160-0.190 EPS.

CoStar Group Trading Up 2.7%

Shares of CSGP traded up $1.28 during trading hours on Tuesday, hitting $49.15. The company had a trading volume of 5,572,063 shares, compared to its average volume of 7,443,158. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. CoStar Group has a 52-week low of $43.80 and a 52-week high of $97.43. The stock’s 50 day moving average price is $59.92 and its 200 day moving average price is $71.95. The firm has a market cap of $20.83 billion, a P/E ratio of 983.00, a P/E/G ratio of 1.31 and a beta of 0.84.

Institutional Investors Weigh In On CoStar Group

A number of large investors have recently made changes to their positions in CSGP. United Capital Financial Advisors LLC lifted its stake in CoStar Group by 2.3% in the third quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after acquiring an additional 167 shares during the period. Man Group plc boosted its stake in shares of CoStar Group by 1.7% during the 2nd quarter. Man Group plc now owns 10,368 shares of the technology company’s stock valued at $834,000 after purchasing an additional 177 shares in the last quarter. Norinchukin Bank The boosted its stake in shares of CoStar Group by 0.5% during the 3rd quarter. Norinchukin Bank The now owns 35,539 shares of the technology company’s stock valued at $2,998,000 after purchasing an additional 184 shares in the last quarter. Keel Point LLC increased its position in shares of CoStar Group by 6.4% during the second quarter. Keel Point LLC now owns 3,830 shares of the technology company’s stock valued at $308,000 after buying an additional 231 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC raised its stake in CoStar Group by 6.5% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 4,318 shares of the technology company’s stock worth $364,000 after buying an additional 262 shares in the last quarter. 96.60% of the stock is currently owned by institutional investors.

CoStar Group announced that its board has initiated a stock repurchase plan on Wednesday, January 7th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows 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 leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

CSGP has been the subject of a number of recent research reports. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a research note on Thursday, January 8th. Bank of America set a $74.00 price target on CoStar Group in a research report on Wednesday, January 7th. Needham & Company LLC lowered their price target on shares of CoStar Group from $105.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. BMO Capital Markets decreased their target price on shares of CoStar Group from $77.00 to $72.00 and set a “market perform” rating on the stock in a report on Thursday, January 8th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of CoStar Group from $100.00 to $75.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $82.18.

Check Out Our Latest Analysis on CSGP

CoStar Group Company Profile

(Get Free Report)

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.

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