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CSGP

CoStar Group NasdaqGS:CSGP Stock Report

Last Price

US$69.57

Market Cap

US$28.3b

7D

-1.2%

1Y

-21.2%

Updated

24 Sep, 2022

Data

Company Financials +
CSGP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends0/6

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

Summary of all time highs, changes and price drops for CoStar Group
Historical stock prices
Current Share PriceUS$69.57
52 Week HighUS$101.05
52 Week LowUS$49.00
Beta0.92
1 Month Change-4.04%
3 Month Change10.69%
1 Year Change-21.25%
3 Year Change20.72%
5 Year Change159.35%
Change since IPO7,471.83%

Recent News & Updates

Sep 14

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

Shareholder Returns

CSGPUS Professional ServicesUS Market
7D-1.2%-3.8%-5.2%
1Y-21.2%-23.9%-23.0%

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.

Price Volatility

Is CSGP's price volatile compared to industry and market?
CSGP volatility
CSGP Average Weekly Movement5.9%
Professional Services Industry Average Movement6.0%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

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

FoundedEmployeesCEOWebsite
19874,742Andy Florancehttps://www.costargroup.com

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

How do CoStar Group's earnings and revenue compare to its market cap?
CSGP fundamental statistics
Market CapUS$28.29b
Earnings (TTM)US$330.00m
Revenue (TTM)US$2.06b

85.7x

P/E Ratio

13.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSGP income statement (TTM)
RevenueUS$2.06b
Cost of RevenueUS$375.38m
Gross ProfitUS$1.68b
Other ExpensesUS$1.35b
EarningsUS$330.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 25, 2022

Earnings per share (EPS)0.81
Gross Margin81.76%
Net Profit Margin16.03%
Debt/Equity Ratio16.8%

How did CSGP perform over the long term?

See historical performance and comparison