CSGP Stock Overview
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.
CoStar Group, Inc. Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$69.57|
|52 Week High||US$101.05|
|52 Week Low||US$49.00|
|1 Month Change||-4.04%|
|3 Month Change||10.69%|
|1 Year Change||-21.25%|
|3 Year Change||20.72%|
|5 Year Change||159.35%|
|Change since IPO||7,471.83%|
Recent News & Updates
CoStar Group launches offering of $750M common shares
CoStar Group (NASDAQ:CSGP) has announced a public offering of $750M of its common stock in conjunction with inclusion into the S&P 500 Index. That represents ~9.79M shares based on the closing price of $76.64 on Sep 13, 2022. Net proceeds of the offering will be used to fund all or a portion of the costs of any strategic acquisitions CoStar determines to pursue in the future, to finance the growth of its business and for working capital and other general corporate purposes. CoStar (CSGP) plans to market the offering primarily to S&P 500 index funds expected to have an interest in purchasing shares ahead of the date of CoStar's inclusion in the S&P 500 index. The company believes the number of shares being offered represents only a limited portion of such expected index fund demand. CoStar's (CSGP) common stock will join the S&P 500 index prior to the open of trading on Sep 19, 2022. CSGP shares were down over 2% in pre-market hours
|CSGP||US Professional Services||US Market|
Return vs Industry: CSGP exceeded the US Professional Services industry which returned -23.8% over the past year.
Return vs Market: CSGP exceeded the US Market which returned -23.1% over the past year.
|CSGP Average Weekly Movement||5.9%|
|Professional Services Industry Average Movement||6.0%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: CSGP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CSGP's weekly volatility (6%) has been stable over the past year.
About the Company
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. It offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar COMPS, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information. The company also provides Lease Comps and Analysis, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; and CoStar Risk Analytics and CoStar Investment.
CoStar Group, Inc. Fundamentals Summary
|CSGP fundamental statistics|
Is CSGP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CSGP income statement (TTM)|
|Cost of Revenue||US$375.38m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 25, 2022
|Earnings per share (EPS)||0.81|
|Net Profit Margin||16.03%|
How did CSGP perform over the long term?See historical performance and comparison