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 Professional that provides inventory of office, industrial, retail, and multifamily, and student housing properties and land; CoStar COMPS Professional, which covers comparable commercial real estate sales information; 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 CoStar Lease Comps, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis, a workflow tool; CoStar Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate and asset management, and lease accounting software; and CoStar Risk Analytics and CoStar Investment Analysis that provides market research, consulting and analysis, portfolio and debt analysis, and management and reporting services, as well as STAR Report that offers benchmarking and analytics services. In addition, it offers apartment marketing sites, such as Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Apartamentos.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Westside Rentals, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica, LandAndFarm, and LandWatch for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
IPO Year: 1998
Exchange: NASDAQ
Website: costargroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/28/2025 | $89.00 | Buy | Deutsche Bank |
| 2/5/2025 | $65.00 | Underweight | Wells Fargo |
| 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 |
Domain Board unanimously recommended that Domain shareholders vote in favor of the proposed Scheme CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that it has entered a binding Scheme Implementation Deed (SID) to acquire 100% of the issued capital of Domain Holdings Australia Limited, a leading Australian property marketplace. In February 2025, CoStar Group acquired approximately 17% of the ordinary shares of Domain at A$4.20 per share for a total purchase price of approximately A$452 million ($285 million). Under the terms of SID, which followed a period
A study from Homes.com found that the Washington D.C. housing market has remained on par with national trends Charts linked here. Homes.com, a CoStar Group leading online residential marketplace, today released a new exclusive report providing an update on home buying and selling market trends in Washington, D.C., and the surrounding markets in Maryland and Virginia following the first 100 days of President Donald Trump's administration. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430226024/en/DMV Listing The Homes.com analysis found that the housing market in Washington, D.C., and the surrounding markets in Maryland and
Strong net new bookings growth in CoStar, LoopNet year-over-year Apartments.com adds most properties in a quarter since 2016 Homes.com continues to rapidly scale sales force CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended March 31, 2025 was $732 million, up 12% over revenue of $656 million for the quarter ended March 31, 2024. Net loss was $15 million and net loss per diluted share was $0.04 for the first quarter of 2025, which included a negative impact of $31 million associated with the Matterport acquisition. Adjuste
This integration will provide mutual customers with a comprehensive view of their lease portfolios, helping to enhance operational efficiency and control while mitigating risk Visual Lease, a CoStar Group (NASDAQ:CSGP) brand and a premier platform for integrated lease management, accounting, and reporting, announced today that it has become a Workday Innovation Partner. This collaboration combines Visual Lease's platform for lease accounting and management with Workday Financial Management software to empower joint customers with a comprehensive view of their lease portfolios, helping them manage their financial ecosystem, from general ledger to lease-specific reporting, accurately and eff
The median home price increased 2.2% in March over last year. The Northeast and Midwest markets continued to see the strongest price growth Homes.com, a CoStar Group leading online residential marketplace, today released a new report analyzing home prices in March (based on the data collected to date), price trends across major cities, and what the latest developments in the housing market mean for homebuyers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410980324/en/Homes.com National Median Home Price March 2025 According to the preliminary estimates, home prices continued to go up in March, but the rate of price increase
Following a nine-month legal battle and facing the prospect of court-imposed sanctions, Move has dismissed its lawsuit with prejudice, bringing the closely watched case to a decisive end CoStar Group (NASDAQ:CSGP) a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today that it has prevailed in a baseless trade secrets lawsuit brought by Move, Inc., the Rupert Murdoch-owned operator of Realtor.com. In July 2024, Move filed a federal complaint accusing CoStar Group and former Move employee James Kaminsky of trade secret misappropriation. Move's core allegation—that Kaminsky had been hired by CoStar
Appoints John Berisford, Rachel Glaser and Christine McCarthy to the Board as Independent Directors Appoints Louise Sams Chairman of the Board Establishes Capital Allocation Committee of the Board to Comprehensively Evaluate Significant Investments and Confirm Financial Targets Enters into Support Agreements with the D. E. Shaw Group and Third Point CoStar Group, Inc. (NASDAQ:CSGP) ("CoStar Group," the "Company," "we," "us" or "our"), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property market, today announced the appointment of John Berisford, Rachel Glaser and Christine McCarthy to the Company's Board of Directors
Quarterly data shows stable rent growth in the first quarter of the year Today, Apartments.com – an online marketplace of CoStar Group – published an in-depth report on multifamily rent trends for the first quarter of 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250402768234/en/U.S. Apartment Rent Growth The national year-over-year asking rent growth for apartments was 1.1% in March 2025, unchanged from the end of December 2024. Since mid-2023, year-over-year rent growth has hovered just above 1% after its rapid deceleration in 2021 and 2022. The national rent per unit ended the quarter at $1,754, compared to $1,735 rec
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 first quarter of 2025 following the market close on Tuesday, April 29, 2025. Management will conduct a conference call to discuss the first 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 followi
Winning commercial real estate projects and transactions were selected by a panel of more than 630 esteemed industry professionals across 129 international markets CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the winners of the 2025 CoStar Impact Awards. Now in its fourth year, the CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2024 that significantly influenced neighborhoods or submarkets across 129 major international markets in the United States, Canada and the United Kingdom. The awards honored nearly 350 winners acros
3 - COSTAR GROUP, INC. (0001057352) (Issuer)
3 - COSTAR GROUP, INC. (0001057352) (Issuer)
3 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
4 - COSTAR GROUP, INC. (0001057352) (Issuer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
DEFA14A - COSTAR GROUP, INC. (0001057352) (Filer)
DEF 14A - COSTAR GROUP, INC. (0001057352) (Filer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
S-8 - COSTAR GROUP, INC. (0001057352) (Filer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
10-Q - COSTAR GROUP, INC. (0001057352) (Filer)
8-K - COSTAR GROUP, INC. (0001057352) (Filer)
Domain Board unanimously recommended that Domain shareholders vote in favor of the proposed Scheme CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that it has entered a binding Scheme Implementation Deed (SID) to acquire 100% of the issued capital of Domain Holdings Australia Limited, a leading Australian property marketplace. In February 2025, CoStar Group acquired approximately 17% of the ordinary shares of Domain at A$4.20 per share for a total purchase price of approximately A$452 million ($285 million). Under the terms of SID, which followed a period
Strong net new bookings growth in CoStar, LoopNet year-over-year Apartments.com adds most properties in a quarter since 2016 Homes.com continues to rapidly scale sales force CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended March 31, 2025 was $732 million, up 12% over revenue of $656 million for the quarter ended March 31, 2024. Net loss was $15 million and net loss per diluted share was $0.04 for the first quarter of 2025, which included a negative impact of $31 million associated with the Matterport acquisition. Adjuste
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 first quarter of 2025 following the market close on Tuesday, April 29, 2025. Management will conduct a conference call to discuss the first 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 followi
Homes.com Network Solidifies its Position as the Number Two Residential Real Estate Marketplace in the United States; Board Approves Stock Repurchase Program 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 year ended December 31, 2024 was $2.74 billion, up 11% over revenue of $2.46 billion for the full year of 2023. Revenue for the fourth quarter of 2024 was $709 million, an increase of 11% over revenue of $640 million for the fourth quarter of 2023. Net income was $139 million for the year ended December 31, 2024, compared to $375 million for the year ended De
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, will announce financial results for the fourth quarter and full year 2024 following the market close on Tuesday, February 18, 2025. Management will conduct a conference call to discuss the fourth quarter and full year results, as well as the Company's outlook at 5:00 PM ET 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 Inve
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
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 June 30, 2024 was $678 million, up 12% over revenue of $606 million for the quarter ended June 30, 2023. Net income was $19 million in the second quarter of 2024 and net income per diluted share was $0.05. "We achieved another strong quarter of results in terms of revenue, sales and traffic to our websites," said Andy Florance, Founder and CEO of CoStar Group. "Overall revenue grew 12% year-over-year, and our two billion-dollar run rate businesses continue to deliver double-digit revenue growth with A
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 second quarter of 2024 following the market close on Tuesday, July 23, 2024. Management will conduct a conference call to discuss the second 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
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
SC 13G/A - COSTAR GROUP, INC. (0001057352) (Subject)
Deutsche Bank initiated coverage of CoStar Group with a rating of Buy and set a new price target of $89.00
Wells Fargo initiated coverage of CoStar Group with a rating of Underweight and set a new price target of $65.00
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
Goldman resumed coverage of CoStar Group with a rating of Buy and set a new price target of $98.00
Jefferies resumed coverage of CoStar Group with a rating of Hold and set a new price target of $82.00 from $80.00 previously
JMP Securities resumed coverage of CoStar Group with a rating of Mkt Outperform and set a new price target of $100.00
JP Morgan initiated coverage of CoStar Group with a rating of Overweight and set a new price target of $100.00
BofA Securities resumed coverage of CoStar Group with a rating of Buy and set a new price target of $100.00
Appoints John Berisford, Rachel Glaser and Christine McCarthy to the Board as Independent Directors Appoints Louise Sams Chairman of the Board Establishes Capital Allocation Committee of the Board to Comprehensively Evaluate Significant Investments and Confirm Financial Targets Enters into Support Agreements with the D. E. Shaw Group and Third Point CoStar Group, Inc. (NASDAQ:CSGP) ("CoStar Group," the "Company," "we," "us" or "our"), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property market, today announced the appointment of John Berisford, Rachel Glaser and Christine McCarthy to the Company's Board of Directors
Land.com will incorporate valuations on 2.8 million parcels of land provided by Ag-Analytics' AcreValue platform CoStar Group, Inc. (NASDAQ:CSGP) ("CoStar Group," "we" or "our"), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced that it has acquired agricultural data company Ag-Analytics. The strategic acquisition of Ag-Analytics will specifically enhance CoStar Group's Land.com platform, marking the company's extension into the agricultural land sector. This acquisition will strengthen the data capabilities for farmland, forestland, recreational, and other rural properties through Ag-Analyt
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 (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, today announced the expansion of its board to nine members with the appointment of Angelique Brunner as an independent member of the board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230801774592/en/(Photo: Business Wire) Angelique Brunner joins the Board with more than 25 years of experience in finance and real estate and venture capital. She is CEO and Founder of EB5 Capital, an industry-leading investment company specializing in raising foreign capital for real e
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of commercial and residential real estate information, analytics, and online marketplaces, today announced the appointment of Cyndi Eakin as Senior Vice President of Investor Relations, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220602005913/en/Cyndi Eakin, Senior Vice President of Investor Relations (Photo: Business Wire) As head of Investor Relations, Ms. Eakin will be responsible for maintaining and expanding relationships with institutional investors and analysts and communicating CoStar's strategy and business results to Wall Street. She will als
CoStar Group, Inc. (NASDAQ:CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets today proudly announced the appointment of David Mele as the new President of LoopNet. LoopNet is the most heavily trafficked mobile and online commercial real estate marketplace, connecting tenants and investors to commercial real estate available for sale and lease. As President, Mele will be responsible for the overall business strategy, sales, product management, marketing and extending LoopNet's success internationally. "Over the past several years, LoopNet has grown into the largest commercial real estate marketplace
CoStar Group, Inc. (NASDAQ:CSGP), the leading provider of commercial real estate information, analytics and online marketplaces announced today the appointment of Jay Lybik as National Director of Multifamily Analytics. The hire will elevate the company's already powerful analytics in the U.S. multifamily sector, adding value for CoStar Group clients and the commercial real estate industry. "We are thrilled to have a multifaceted leader such as Jay join the team," said Galina Alexeenko, Vice President, CoStar Group Market Analytics. "Jay's extensive experience in real estate research, coupled with CoStar's vast multifamily data, will allow our clients access to an unparalleled and rich vie