Andrew Florance - CoStar Co-Founder, CEO and President and Director
| CSGP Stock | USD 84.26 0.08 0.1% |
CEO
Mr. Andrew C. Florance serves as President, Chief Executive Officer and Director of CoStar Group, Inc. He founded the Company in 1987. As President and CEO of CoStar, Mr. Florance has directed CoStar Groups successful expansion from startup, to its IPO in July 1998, to its marketleading position today with a staff of over 3, 700 worldwide and a client base that includes the real estate industrys leading brokerage firms, property owners, and lenders. He manages an international service platform that includes the United States, United Kingdom, France, Spain, Germany and Canada and was utilized by an average of 40 million users a month in 2018. While leading CoStar Group, he has identified, negotiated, and closed more than 30 acquisitions across six countries since 1995.
| Age | 60 |
| Tenure | 29 years |
| Address | 1331 L Street, NW, Washington, DC, United States, 20005 |
| Phone | 202 346 6500 |
| Web | https://www.costargroup.com |
CoStar Management Efficiency
The company has return on total asset (ROA) of 0.0204 % which means that it generated a profit of $0.0204 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0527 %, meaning that it created $0.0527 on every $100 dollars invested by stockholders. CoStar's management efficiency ratios could be used to measure how well CoStar manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/19/2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.04. At this time, CoStar's Total Current Liabilities is relatively stable compared to the past year. As of 04/19/2024, Liabilities And Stockholders Equity is likely to grow to about 9.4 B, while Change To Liabilities is likely to drop slightly above 4.3 M.Similar Executives
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Management Performance
| Return On Equity | 0.0527 | ||||
| Return On Asset | 0.0204 |
CoStar Group Leadership Team
Elected by the shareholders, the CoStar's board of directors comprises two types of representatives: CoStar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CoStar. The board's role is to monitor CoStar's management team and ensure that shareholders' interests are well served. CoStar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CoStar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew Florance, Co-Founder, CEO and President and Director | ||
| Richard Simonelli, Vice President Investor Relations | ||
| Timothy Trainor, Communications Director | ||
| Donna Tanenbaum, Vice President of Human Resources | ||
| Jason Butler, Chief Officer | ||
| Becky Carr, Chief Marketing Officer | ||
| Charles Brodnax, President LoopNet | ||
| Gene Boxer, General Secretary | ||
| Rebecca Carr, Chief Marketing Officer | ||
| Scott Yinger, Interim CFO | ||
| Marc Swartz, Senior Sales | ||
| Jonathan Coleman, General Counsel, Secretary | ||
| Cameron Stewart, President of LoopNet | ||
| David Steinberg, Independent Director | ||
| Christopher Nassetta, Independent Director | ||
| Lisa Ruggles, Senior Vice President Portfolio Research | ||
| Dan Beyers, Executive Editor and Vice President | ||
| Cyndi Eakin, Senior Controller | ||
| Frank Simuro, Chief Officer | ||
| Eric Brodnax, Senior Vice President Chief Digital Officer - Apartments | ||
| Francis Carchedi, Executive VP of Operations | ||
| Brian Radecki, Executive VP | ||
| Michael Klein, Co-Founder, Chairman, Chairman of Compensation Committee and Member of Nominating and Corporate Governance Committee | ||
| Warren Haber, Independent Director | ||
| Matthew Blocher, Vice Communications | ||
| Michael Glosserman, Independent Director | ||
| Frederick Saint, President Marketplaces | ||
| Matthew Linnington, Executive VP of Sales | ||
| John Hill, Independent Director | ||
| Scott Wheeler, Chief Officer | ||
| William Warmington, VP Relations | ||
| Giles Newman, Managing Director of CoStar UK Limited | ||
| Laura Kaplan, Independent Director |
CoStar Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CoStar a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0527 | ||||
| Return On Asset | 0.0204 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 30.26 B | ||||
| Shares Outstanding | 408.41 M | ||||
| Shares Owned By Insiders | 1.19 % | ||||
| Shares Owned By Institutions | 98.81 % | ||||
| Number Of Shares Shorted | 8.71 M | ||||
| Price To Earning | 94.53 X |
CoStar Investors Sentiment
The influence of CoStar's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CoStar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CoStar's public news can be used to forecast risks associated with an investment in CoStar. The trend in average sentiment can be used to explain how an investor holding CoStar can time the market purely based on public headlines and social activities around CoStar Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CoStar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CoStar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CoStar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CoStar.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CoStar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CoStar's short interest history, or implied volatility extrapolated from CoStar options trading.
Pair Trading with CoStar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoStar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoStar will appreciate offsetting losses from the drop in the long position's value.Moving together with CoStar Stock
| 0.81 | LZ | LegalZoom Financial Report 14th of May 2024 | PairCorr |
| 0.81 | MG | Mistras Group | PairCorr |
Moving against CoStar Stock
| 0.67 | DNB | Dun Bradstreet Holdings Financial Report 2nd of May 2024 | PairCorr |
| 0.62 | DLHC | DLH Holdings Corp Financial Report 1st of May 2024 | PairCorr |
| 0.56 | VRSK | Verisk Analytics Financial Report 1st of May 2024 | PairCorr |
| 0.52 | ARC | ARC Document Solutions Financial Report 1st of May 2024 | PairCorr |
| 0.51 | FA | First Advantage Corp Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to CoStar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoStar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoStar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoStar Group to buy it.
The correlation of CoStar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoStar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoStar Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoStar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoStar Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the CoStar Group information on this page should be used as a complementary analysis to other CoStar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for CoStar Stock analysis
When running CoStar's price analysis, check to measure CoStar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoStar is operating at the current time. Most of CoStar's value examination focuses on studying past and present price action to predict the probability of CoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoStar's price. Additionally, you may evaluate how the addition of CoStar to your portfolios can decrease your overall portfolio volatility.
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Is CoStar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoStar. If investors know CoStar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoStar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share 0.92 | Revenue Per Share 6.057 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0204 |
The market value of CoStar Group is measured differently than its book value, which is the value of CoStar that is recorded on the company's balance sheet. Investors also form their own opinion of CoStar's value that differs from its market value or its book value, called intrinsic value, which is CoStar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoStar's market value can be influenced by many factors that don't directly affect CoStar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoStar's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoStar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoStar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.