CoStar Group
Market Cap
US$35.3b
Last Updated
2021/01/23 23:38 UTC
Data Sources
Company Financials +
Executive Summary
CoStar Group, Inc. provides information, analytics, and online marketplaces to the commercial real estate industry in the United States and the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has CoStar Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSGP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CSGP's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
5.0%
CSGP
2.1%
US Professional Services
2.3%
US Market
1 Year Return
37.7%
CSGP
17.2%
US Professional Services
23.7%
US Market
Return vs Industry: CSGP exceeded the US Professional Services industry which returned 17.2% over the past year.
Return vs Market: CSGP exceeded the US Market which returned 23.7% over the past year.
Shareholder returns
| CSGP | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.0% | 2.1% | 2.3% |
| 30 Day | -1.2% | -0.6% | 4.7% |
| 90 Day | 9.3% | 11.4% | 14.5% |
| 1 Year | 37.7%37.7% | 18.1%17.2% | 26.5%23.7% |
| 3 Year | 154.7%154.7% | 52.2%47.9% | 45.0%35.4% |
| 5 Year | 410.9%410.9% | 130.2%117.5% | 126.2%100.9% |
Long-Term Price Volatility Vs. Market
How volatile is CoStar Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Announcing: CoStar Group (NASDAQ:CSGP) Stock Soared An Exciting 412% In The Last Five Years3 weeks ago | Simply Wall St
Will the Promising Trends At CoStar Group (NASDAQ:CSGP) Continue?1 month ago | Simply Wall St
Here's Why CoStar Group (NASDAQ:CSGP) Can Manage Its Debt ResponsiblyValuation
Is CoStar Group undervalued compared to its fair value and its price relative to the market?
119.93x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CSGP ($896.05) is trading above our estimate of fair value ($575.37)
Significantly Below Fair Value: CSGP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CSGP is poor value based on its PE Ratio (119.9x) compared to the US Professional Services industry average (25.9x).
PE vs Market: CSGP is poor value based on its PE Ratio (119.9x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: CSGP is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: CSGP is overvalued based on its PB Ratio (6.6x) compared to the US Professional Services industry average (3.5x).
Next Steps
Future Growth
How is CoStar Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
27.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSGP's forecast earnings growth (27.3% per year) is above the savings rate (2%).
Earnings vs Market: CSGP's earnings (27.3% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CSGP's revenue (13.6% per year) is forecast to grow faster than the US market (10.6% per year).
High Growth Revenue: CSGP's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSGP's Return on Equity is forecast to be low in 3 years time (9.1%).
Next Steps
Past Performance
How has CoStar Group performed over the past 5 years?
42.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSGP has high quality earnings.
Growing Profit Margin: CSGP's current net profit margins (17.6%) are lower than last year (23.2%).
Past Earnings Growth Analysis
Earnings Trend: CSGP has become profitable over the past 5 years, growing earnings by 42.3% per year.
Accelerating Growth: CSGP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CSGP had negative earnings growth (-10.1%) over the past year, making it difficult to compare to the Professional Services industry average (-0.06%).
Return on Equity
High ROE: CSGP's Return on Equity (5.3%) is considered low.
Next Steps
Financial Health
How is CoStar Group's financial position?
Financial Position Analysis
Short Term Liabilities: CSGP's short term assets ($4.0B) exceed its short term liabilities ($245.1M).
Long Term Liabilities: CSGP's short term assets ($4.0B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CSGP's debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: CSGP's debt to equity ratio has reduced from 24.5% to 18.5% over the past 5 years.
Debt Coverage: CSGP's debt is well covered by operating cash flow (46.9%).
Interest Coverage: CSGP's interest payments on its debt are well covered by EBIT (52.5x coverage).
Balance Sheet
Next Steps
Dividend
What is CoStar Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSGP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CSGP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSGP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CSGP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Andy Florance (56 yo)
26yrs
Tenure
US$19,324,540
Compensation
Mr. Andrew C. Florance, also known as Andy, founded CoStar Group, Inc. in 1987. Mr. Florance serves as the Chief Executive Officer, President and Director at CoStar Group, Inc. He is a frequent speaker on ...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD19.32M) is above average for companies of similar size in the US market ($USD10.57M).
Compensation vs Earnings: Andy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 26yrs | US$19.32m | 0.27% $ 93.8m | |
| Chief Financial Officer | 5yrs | US$6.77m | 0.053% $ 18.9m | |
| Senior Vice President of Global Analytics | no data | US$3.82m | 0.034% $ 12.1m | |
| Chief Technology Officer | 5.83yrs | no data | no data | |
| Chief Information Officer | 1.25yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| General Counsel & Secretary | 0.83yr | no data | no data | |
| Chief Compliance Officer | 0.83yr | no data | no data | |
| Communications Director | no data | no data | no data | |
| Vice President of Marketing & Communications | 2yrs | no data | no data | |
| Vice President of Corporate Development & Partnerships | 2yrs | no data | no data | |
| Chief Human Resources Officer | 1.58yrs | no data | no data |
2.0yrs
Average Tenure
53.5yo
Average Age
Experienced Management: CSGP's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 26yrs | US$19.32m | 0.27% $ 93.8m | |
| Independent Director | 18.58yrs | US$248.14k | 0.068% $ 23.9m | |
| Independent Chairman of the Board | 34yrs | US$316.34k | 0.59% $ 207.6m | |
| Independent Director | 1.08yrs | no data | 0.00059% $ 208.4k | |
| Independent Director | 8.33yrs | US$255.32k | 0.0092% $ 3.3m | |
| Independent Director | 12.58yrs | US$246.34k | 0.023% $ 8.1m | |
| Independent Director | 1.08yrs | no data | 0.00054% $ 190.7k | |
| Independent Director | 4.75yrs | US$231.38k | 0.0048% $ 1.7m |
10.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CSGP's board of directors are seasoned and experienced ( 10.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.6%.
Top Shareholders
Company Information
CoStar Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CoStar Group, Inc.
- Ticker: CSGP
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: US$35.321b
- Shares outstanding: 39.42m
- Website: https://www.costargroup.com
Number of Employees
Location
- CoStar Group, Inc.
- 1331 L Street, NW
- Washington
- District Of Columbia
- 20005
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CSGP | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jul 1998 |
| RLG | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1998 |
| CSGP * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jul 1998 |
| C1GP34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 100 REPR 1 COM NPV | BR | BRL | Oct 2020 |
Biography
CoStar Group, Inc. provides information, analytics, and online marketplaces to the commercial real estate industry in the United States and the United Kingdom. The company offers CoStar Property Profession...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:38 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.