CoStar Group, Inc. (CSGP)
CoStar Group (CSGP) Tops Q2 Earnings and Revenue Estimates
CoStar Group (CSGP) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.31 per share a year ago.
CoStar Group (CSGP) to Post Q2 Earnings: What's in Store?
CoStar Group's (CSGP) second-quarter 2024 top line is likely to reflect a robust portfolio of marketplaces, which includes Apartments.com, LoopNet and Homes.com.
Why I Am Buying CoStar Group
I have started a ~3% position in CoStar at $71/share and would like to increase the position to ~5% if the stock goes down to ~$60. At current $25 Bn EV, the company is currently trading at ~20x NTM EV/EBITDA multiple. This is capex light business, so EBITDA can be considered a reasonable proxy for FCF here.
CoStar: Well-Positioned Into The Balance Of The Year
CoStar is seeking to disrupt commercial real estate industry by building network effects and scale with a vast database of property information. The company has a de-facto monopoly over this information, allowing it to raise prices regularly. Recent quarterly results showed a 12% revenue increase and the acquisition of Matterport highlights further opportunities in Homes.com.
Top 3 Real Estate Stocks You'll Regret Missing In June
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Real estate data stock CoStar Group has 50% upside: JMP Securities
A near 30% hit to shares of CoStar Group Inc (NASDAQ: CSGP) spells opportunity to buy a quality name at a discount, says Nicholas Jones – a JMP Securities analyst. CoStar stock could climb to $110 He reiterated his “outperform” rating on the real estate data and analytics firm on Wednesday.
Why Is CoStar (CSGP) Down 5.2% Since Last Earnings Report?
CoStar (CSGP) reported earnings 30 days ago. What's next for the stock?
