CoStar Group downgraded by RBC Capital Mkts with a new price target
$CSGP
Business Services
Consumer Discretionary
RBC Capital Mkts downgraded CoStar Group from Outperform to Sector Perform and set a new price target of $83.00 from $96.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $96.00 → $83.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 2/7/2024 | $90.00 → $97.00 | Buy | Citigroup |
| 1/19/2024 | Neutral | BTIG Research | |
| 12/18/2023 | $98.00 | Buy | Goldman |
| 10/16/2023 | $80.00 → $82.00 | Hold | Jefferies |
| 9/20/2023 | $100.00 | Mkt Outperform | JMP Securities |
| 12/16/2022 | $100.00 | Overweight | JP Morgan |
| 11/18/2022 | $100.00 | Buy | BofA Securities |
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
Visual Lease will become part of the CoStar Real Estate Manager platform, expanding both platforms' product lines and extending solutions for their customers CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that it has reached a definitive agreement to acquire Visual Lease. The strategic acquisition will enhance CoStar Group's Real Estate Manager business line and provide additional lease management and lease accounting value to corporations of all sizes. Founded in 1996, Visual Lease is a premier software platform for integrated lease management, accounting, and reporting, used by over 1
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended September 30, 2024 was $693 million, up 11% over revenue of $625 million for the quarter ended September 30, 2023. Net income was $53 million in the third quarter of 2024, an increase of 176% from the second quarter of 2024. Net income per diluted share was $0.13. In the third quarter of 2024, EBITDA was $51 million and Adjusted EBITDA was $76 million, which represent increases from the second quarter of 2024 of 320% and 86% respectively. Adjusted EBITDA exceeded the mid-point of the Company's guidance
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the third quarter of 2024 following the market close on Tuesday, October 22, 2024. Management will conduct a conference call to discuss the third quarter results, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Investors section of our website for a period of time follo
10-Q - COSTAR GROUP, INC. (0001057352) (Filer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the appointment of Rich Simonelli as Head of Investor Relations and Cyndi Eakin as Chief Accounting Officer. Each will report to Chris Lown, Chief Financial Officer of CoStar Group. Simonelli, who previously held a similar role at CoStar Group for nine years, will rejoin the company from national real estate brokerage Compass, where he served as Senior Vice President, Investor Relations. As an experienced manager of the integral relationship between investors and publicly traded companies, especially in the real estate industry, Simonelli
Christian Lown, EVP and CFO at Freddie Mac, brings decades of M&A, capital markets and real estate finance experience CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the appointment of Christian M. Lown as Chief Financial Officer effective July 1, 2024. Lown will join CoStar Group from Fortune 500-ranked home loan giant Freddie Mac, where he serves as Executive Vice President and Chief Financial Officer until June 28, 2024. He will report to Andy Florance, Founder and Chief Executive Officer of CoStar Group. As a well-respected leader with more than 25 years of experience in banking, f
CoStar Group (NASDAQ:CSGP), a leading global provider of online real estate marketplaces, information news and analytics, announced today the appointment of Sandra Roumi as its first France General Manager, to lead the Group's France expansion efforts. Sandra Roumi is a seasoned journalist and a well-respected figure in the French real estate industry. Roumi brings a keen understanding of the sector and unparalleled knowledge of the specificities of the French market. After serving as the Editor-in-Chief of all platforms at Business Immo, she was appointed its Deputy President and Director of Publications in 2018. In her new role as General Manager of CoStar Group in France, she will adva
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will host an Investor Day on Thursday, December 5, 2024, from 9:00 a.m. to 2:30 p.m. ET in-person in Richmond, Virginia, and online via webcast. The event will feature presentations, engagement opportunities with CoStar Group's leadership team and a tour of the Company's global campus. Participating Management: Andy Florance, Founder and Chief Executive Officer Chris Lown, Chief Financial Officer Frank Simuro, Chief Technology Officer Fred Saint, President, Marketplaces Paige Forrest, Senior Vice President Multifamily Marketing Lisa
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's Stephens NASH24 Conference. CFO Chris Lown and Head of Investor Relations Rich Simonelli will participate in a fireside chat on Tuesday, November 19, 2024, at 10:00 a.m. ET. Live and recorded versions of the webcast will both be available under the Events & Presentations section of the CoStar Group Investor Relations website for at least 30 days: https://investors.costargroup.com/events-presentations. About CoStar Group CoStar Group (NASDAQ:CSGP) is a leading provider of online real estate marketplaces, information, and an
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will present at this year's RBC Capital Markets 2024 Global TIMT Conference. CFO Chris Lown and Head of Investor Relations Rich Simonelli will participate in a fireside chat on Wednesday, November 20, 2024, at 3:20 p.m. ET. Live and recorded versions of the webcast will both be available under the Events & Presentations section of the CoStar Group Investor Relations website for at least 30 days: https://investors.costargroup.com/events-presentations. About CoStar Group CoStar Group (NASDAQ:CSGP) is a leading provider of online real estate marketpla
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
RBC Capital Mkts downgraded CoStar Group from Outperform to Sector Perform and set a new price target of $83.00 from $96.00 previously
Citigroup reiterated coverage of CoStar Group with a rating of Buy and set a new price target of $97.00 from $90.00 previously
BTIG Research initiated coverage of CoStar Group with a rating of Neutral
Baird analyst Jeffrey Meuler maintains CoStar Gr (NASDAQ:CSGP) with a Outperform and lowers the price target from $105 to $100.
RBC Capital analyst Ashish Sabadra maintains CoStar Gr (NASDAQ:CSGP) with a Outperform and lowers the price target from $109 to $96.