Costar Group Stock Today
| CSGP Stock | USD 85.31 1.05 1.25% |
Performance1 of 100
| Odds Of DistressLess than 1
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CoStar is selling at 85.31 as of the 23rd of April 2024; that is 1.25 percent up since the beginning of the trading day. The stock's last reported lowest price was 83.16. CoStar has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for CoStar Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Commercial & Professional Services | IPO Date 29th of June 1998 | Category Real Estate | Classification Industrials |
CoStar Group, Inc. provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company has 408.41 M outstanding shares of which 8.71 M shares are currently shorted by private and institutional investors with about 3.44 trading days to cover. More on CoStar Group
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CoStar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CoStar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CoStar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, CoStar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CoStar's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Andrew Florance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Research & Consulting Services, Commercial & Professional Services, Industrials, NASDAQ 100 Pre, SP 500 Index, Nasdaq 100, NASDAQ Composite, NASDAQ Composite Total, Industrials, Professional Services, Real Estate Services, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering CoStar report their recommendations after researching CoStar's financial statements, talking to executives and customers, or listening in on CoStar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering CoStar Group. The CoStar consensus assessment is calculated by taking the average forecast from all of the analysts covering CoStar. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of CoStar's profitability, liquidity, and operating efficiency, CoStar Group is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of CoStar Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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CoStar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CoStar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. CoStar's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of CoStar's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CoStar's financial leverage. It provides some insight into what part of CoStar's total assets is financed by creditors.
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CoStar Group (CSGP) is traded on NASDAQ Exchange in USA. It is located in 1331 L Street, NW, Washington, DC, United States, 20005 and employs 6,152 people. CoStar is listed under Research & Consulting Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 34.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CoStar's market, we take the total number of its shares issued and multiply it by CoStar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CoStar Group conducts business under Professional Services sector and is part of Industrials industry. The entity has 408.41 M outstanding shares of which 8.71 M shares are currently shorted by private and institutional investors with about 3.44 trading days to cover.
CoStar Group currently holds about 4.77 B in cash with 489.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.74.
Check CoStar Probability Of Bankruptcy
Ownership AllocationCoStar Group retains a total of 408.41 Million outstanding shares. The majority of CoStar Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CoStar Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in CoStar. Please pay attention to any change in the institutional holdings of CoStar Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check CoStar Ownership Details
CoStar Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of CoStar jumping above the current price in 90 days from now is about 68.22%. The CoStar Group probability density function shows the probability of CoStar stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4834 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CoStar will likely underperform. Additionally, coStar Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of CoStar to move above the current price in 90 days from now is about 68.22 (This CoStar Group probability density function shows the probability of CoStar Stock to fall within a particular range of prices over 90 days) .
CoStar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in CoStar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CoStar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CoStar's value.| Instituion | Recorded On | Shares | |
| T. Rowe Price Investment Management,inc. | 2023-12-31 | 6.7 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 6.2 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 6 M | |
| Sands Capital Management, Llc | 2023-12-31 | 5.6 M | |
| Artisan Partners Limited Partnership | 2023-12-31 | 5.1 M | |
| Norges Bank | 2023-12-31 | 4.7 M | |
| Blair William & Co | 2023-12-31 | 4.4 M | |
| Brown Advisory Holdings Inc | 2023-12-31 | 4.1 M | |
| Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 4 M | |
| Vanguard Group Inc | 2023-12-31 | 64.9 M | |
| Blackrock Inc | 2023-12-31 | 36.5 M |
CoStar Historical Income Statement
CoStar Group Income Statement is one of the three primary financial statements used for reporting CoStar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CoStar Group revenue and expense. CoStar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CoStar's EBIT is relatively stable compared to the past year. As of 04/23/2024, Research Development is likely to grow to about 281 M, while Non Operating Income Net Other is likely to drop slightly above 3.4 M. View More FundamentalsCoStar Stock Against Markets
Picking the right benchmark for CoStar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CoStar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CoStar is critical whether you are bullish or bearish towards CoStar Group at a given time. Please also check how CoStar's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in CoStar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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CoStar Corporate Directors
CoStar corporate directors refer to members of a CoStar board of directors. The board of directors generally takes responsibility for the CoStar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CoStar's board members must vote for the resolution. The CoStar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Steinberg | Independent Director | Profile | |
| Christopher Nassetta | Independent Director | Profile | |
| Warren Haber | Independent Director | Profile | |
| Michael Glosserman | Independent Director | Profile |
How to buy CoStar Stock?
Before investing in CoStar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CoStar. To buy CoStar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CoStar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CoStar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CoStar Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CoStar Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CoStar Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CoStar Stock please use our How to Invest in CoStar guide.
Already Invested in CoStar Group?
The danger of trading CoStar Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CoStar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CoStar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CoStar Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CoStar Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CoStar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Costar Group Stock. Highlighted below are key reports to facilitate an investment decision about Costar Group Stock: 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.