Price: $95.1800
$7.31
8.319%
|
Day's High:
| $95.83
| Week Perf:
| 9.64 %
|
Day's Low: |
$ 87.52 |
30 Day Perf: |
15.62 % |
Volume (M): |
9,555 |
52 Wk High: |
$ 95.83 |
Volume (M$): |
$ 909,454 |
52 Wk Avg: |
$80.66 |
Open: |
$87.52 |
52 Wk Low: |
$65.12 |
|
|
Market Capitalization (Millions $) |
38,765 |
Shares
Outstanding (Millions) |
407 |
Employees |
4,742 |
Revenues (TTM) (Millions $) |
2,455 |
Net Income (TTM) (Millions $) |
375 |
Cash Flow (TTM) (Millions $) |
248 |
Capital Exp. (TTM) (Millions $) |
118 |
Costar Group Inc
Costar Group Inc is a commercial real estate information and marketing provider. The company is based in Washington, D.C., and was founded in 198 Costar Group Inc operates in the United States, Canada, the United Kingdom, France, Germany, and Spain. The company offers a wide range of commercial real estate services, including online marketplaces, analytics, and marketing tools.
One of Costar Group's primary offerings is its online marketplace. This platform allows commercial real estate professionals to access and search a large database of properties for sale and lease. The platform features more than 5 million properties, including office buildings, retail spaces, industrial properties, and multifamily units.
In addition to its online marketplace, Costar Group also provides analytics tools to help commercial real estate professionals make informed decisions. Its analytics tools provide insights into market trends, pricing, and leasing information. Costar Group's analytics products include CoStar Suite, which offers comprehensive analysis of real estate property, and CoStar Encompass, which provides data on real estate assets across global markets.
Costar Group's marketing tools allow real estate professionals to showcase their properties to potential buyers and tenants. These tools include virtual tours, high-quality photos, and floor plans. Costar Group's marketing products include LoopNet, the company's commercial real estate listing site, and Apartments.com, which connects renters with apartments and rental homes.
Overall, Costar Group Inc is a vital player in the commercial real estate industry, providing valuable information and marketing tools to real estate professionals. The company has a global footprint, offering its services in multiple countries around the world. Its online marketplace, analytics tools, and marketing services have made it a go-to resource for commercial real estate professionals looking to buy, sell, lease, and manage properties.
Company Address: 1331 L Street, NW Washington, 20005 DC
Company Phone Number: 346-6500 Stock Exchange / Ticker: NASDAQ CSGP
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Costar Group Inc
Costar Group Inc., a professional services company, recently released its financial results for the most recent fiscal period. Despite an increase in revenue, the company experienced a reduction in earnings per share (EPS). In the fourth quarter of 2023, Costar Group's revenue saw a significant increase of 11.665% to $640.23 million compared to the same reporting period the previous year. In contrast, their income fell by 24.37% to $0.23 per share. While Costar Group Inc. outperformed its contemporaries in the professional services sector, reporting a 9.73% increase in top-line revenue during the same period, the company's net profits for the October to December 31, 2023 fiscal span decreased by 22.43% from the corresponding period in the previous year. Costar Group Inc. focused on improving sales during this period, resulting in a net margin of 15.07%. However, their operating earnings fell by 45.47% to $69.339 million, leading to a decrease in the operating margin from 22.18% in the fourth quarter of 2022 to 10.83%.
|
Merger and Acquisition
Published Tue, Feb 13 2024 10:57 PM UTC
CoStar Group, a prominent player in the online real estate market, has recently announced its acquisition of 1201 Wilson Boulevard, a large office building in Arlington, Virginia. This move is part of the company's plan to relocate its Washington, D.C. employees and take advantage of significant tax and economic incentives. The 552,000 square foot office building is...
|
Management Changes
Published Tue, Jan 16 2024 9:05 PM UTC
(Article) CoStar Group Founder and CEO, Andy Florance, has been recognized as one of the most powerful and influential individuals in the real estate industry for 2023, according to the Swanepoel Power 200 rankings. The list, which ranks executives and leaders in the residential real estate brokerage sector, solidifies Florance's position as a key figure in the indu...
|
Product Service News
Published Mon, Nov 20 2023 2:00 PM UTC
CoStar Group Partners with Feed More for Thanksgiving Giveaway and Food Drive in Richmond, Va. On Saturday, November 18th, CoStar Group, a prominent provider of online real estate marketplaces, information, and analytics, organized a community giving event in collaboration with Feed More at their Richmond headquarters. This partnership aimed to support those in need...
|
Costar Group Inc
Financial News Report: CSGP Reports Double Digit Revenue and Profitability Rise Costar Group Inc (CSGP) has recently announced its financial results for the interval between July to September 30, 2023, showing a significant increase in both revenue and profitability. During this period, CSGP reported a revenue of $624.00 million, marking a year-on-year increase of 12.045% and a quarter-on-quarter increase of 2.987%. This growth reflects the company's ability to expand its top-line performance and capture market demand effectively. Moreover, CSGP experienced a notable rise in profitability, with net profits increasing by 22.22% to $0.22 per share. However, sequentially, profits fell by -12%, indicating a potentially challenging period in the previous quarter. Nevertheless, the bottom-line of $90.574 million in the July to September 30, 2023 span increased by 25.29% from net earnings of $72.290 million reported in the same period a year ago. Despite the positive financial results, there had been a decrease in the operating margin from 15.32% to 9.87% for CSGP in the third quarter of 2023. Operating earnings also fell by -27.82% to $61.594 million during this period, which suggests that the company faced some operational challenges. While the operating margin declined, the net margin of Costar Group Inc actually improved to 14.51% in the July to September 30, 2023 span. This indicates that the company has managed to control its costs and enhance efficiency in other aspects of its operationsOne concerning aspect pointed out by analysts is the rise in accounts receivable, which serves as a signal for rising demand. At present, accounts receivables are valued at $406.6 million, higher than the preceding quarter. This indicates that CSGP may have extended credit to customers, leading to an increase in short-term debtors. Looking ahead, Costar Group Inc is expected to report its next financial results on February 21, 2024. These numbers will shed more light on the company's performance and any potential strategies or measures it plans to implement. In terms of stock performance, CSGP faced a decline of -4.1% over the past five trading days, which brings the year-to-date performance to -8.68%. However, it is worth noting that CSGP stock is trading 8.9% above its 52-week low, indicating some resilience and potential for a recovery in the future. Overall, Costar Group Inc's recent financial report highlights its ability to generate strong revenue and profitability growth. However, certain challenges such as the decrease in operating margin and the build-up of accounts receivable need to be closely monitored. Investors will eagerly await the next financial update to gain more insights into the company's performance and its plans for the future.
|
Per Share |
Current |
Earnings (TTM) |
0.91 $ |
Revenues (TTM) |
6.03 $
|
Cash Flow (TTM) |
0.61 $ |
Cash |
-
|
Book Value |
18.02 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
0.91 $
|
Revenues (TTM) |
6.03 $ |
Cash Flow (TTM) |
0.61 $ |
Cash |
-
|
Book Value |
18.02 $ |
Dividend (TTM) |
0 $ |
|
|
|
|