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CoStar Group Inc Stock Research

CSGP

78.49USD+0.97(+1.25%)Market Closed

Market Summary

USD78.49+0.97
Market Closed
1.25%

CSGP Alerts

CSGP Stock Price

CSGP RSI Chart

CSGP Valuation

Market Cap

31.7B

Price/Earnings (Trailing)

86.45

Price/Sales (Trailing)

14.1

EV/EBITDA

41.5

Price/Free Cashflow

75.55

CSGP Price/Sales (Trailing)

CSGP Profitability

EBT Margin

22.29%

Return on Equity

5.38%

Return on Assets

4.4%

Free Cashflow Yield

1.32%

CSGP Fundamentals

CSGP Revenue

Revenue (TTM)

2.3B

Revenue Y/Y

13.29%

Revenue Q/Q

1.92%

CSGP Earnings

Earnings (TTM)

367.3M

Earnings Y/Y

-2.45%

Earnings Q/Q

-29.94%

Price Action

52 Week Range

54.0285.37
(Low)(High)

Last 7 days

0.0%

Last 30 days

9.1%

Last 90 days

11.0%

Trailing 12 Months

32.2%

CSGP Financial Health

Current Ratio

13.92

CSGP Investor Care

Shares Dilution (1Y)

2.95%

Diluted EPS (TTM)

0.91

Peers (Alternatives to CoStar Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
31.7B
2.3B
9.14% 32.20%
86.45
14.1
12.42% 19.37%
31.4B
2.4B
14.12% 24.96%
62.2
13.22
-5.53% -49.72%
25.8B
5.1B
6.04% 4.58%
44
5.1
-0.26% -23.22%
10.1B
3.5B
0.43% 43.61%
18.72
2.84
-17.23% -31.38%
MID-CAP
7.3B
7.1B
-4.43% -21.47%
11.89
1.02
3.81% -6.79%
5.3B
4.9B
9.49% 15.55%
15.67
1.09
4.58% -10.97%
4.3B
1.7B
-1.47% -6.99%
59.04
2.52
4.05% -10.65%
4.2B
19.8B
-3.26% -17.71%
11.14
0.21
-4.33% -2.25%
3.3B
4.6B
-9.61% -27.74%
13.22
0.72
10.14% -41.40%
2.5B
1.5B
-1.95% 22.97%
20.99
1.71
23.32% 52.77%
SMALL-CAP
1.0B
637.8M
-17.46% -55.62%
-21.84
1.64
20.23% 34.40%
537.5M
2.2B
11.14% -20.61%
11.32
0.25
-4.34% -27.26%
523.5M
808.2M
8.65% -11.04%
8.29
0.65
6.30% -9.70%
502.7M
1.0B
2.74% -25.81%
6.56
0.48
-5.38% 0.52%

Financials for CoStar Group

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue3.1%2,2512,1822,1162,0582,002
Gross Profit2.5%1,8131,7681,7251,6831,638
Operating Expenses7.7%1,4181,3171,2611,2141,179
  S&GA Expenses12.0%766684649644627
EBITDA2.7%654637611598-
EBITDA Margin-0.5%0.30*0.30*0.30*0.30*-
Earnings Before Taxes-1.0%481486460446432
EBT Margin2.5%0.22*0.22*0.22*0.22*-
Interest Expenses1.6%30.0030.0030.0030.0030.00
Net Income-0.6%367369338330308
Net Income Margin6.0%0.17*0.16*0.16*0.15*-
Free Cahsflow7.5%443412436512-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets1.4%8,5178,4028,2067,4217,357
  Current Assets2.2%5,2985,1865,0074,1814,100
    Cash Equivalents1.8%5,0564,9684,7743,9643,929
  Net PPE3.0%331321306298284
  Goodwill0.1%2,3182,3152,3022,3142,320
Liabilities1.2%1,5511,5321,4991,5361,560
  Current Liabilities7.6%401373326350370
    LT Debt, Non Current0.0%990989989989988
Shareholder's Equity1.4%6,9666,8706,7075,8845,797
  Retained Earnings-1,830----
  Additional Paid-In Capital-5,066----
Shares Outstanding-0.5%404407395393393
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-1.6%471479444462513
  Share Based Compensation2.9%77.0075.0071.0069.0066.00
Cashflow From Investing-10.5%-76.28-69.06-160-154-259
Cashflow From Financing0.0%734734733-14.11-12.89

Risks for CSGP

What is the probability of a big loss on CSGP?

58.1%


Probability that CoStar Group stock will be more than 20% underwater in next one year

18.1%


Probability that CoStar Group stock will be more than 30% underwater in next one year.

12.7%


Probability that CoStar Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CSGP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CoStar Group was unfortunately bought at previous high price.

Drawdowns

Returns for CSGP

Cumulative Returns on CSGP

21.3%


10-Year Cumulative Returns

21.0%


7-Year Cumulative Returns

15.6%


5-Year Cumulative Returns

5.7%


3-Year Cumulative Returns

What are the long-term rolling returns for CSGP?

FIve years rolling returns for CoStar Group.

Annualized Returns

Which funds bought or sold CSGP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Seaport Global Advisors, LLC
reduced
-27.5
-92,635
168,958
0.53%
2023-05-23
Toroso Investments, LLC
added
117
588,000
1,214,000
0.02%
2023-05-22
Raleigh Capital Management Inc.
reduced
-72.58
-14,483
4,682
-%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-15.91
-89,286,200
266,685,000
0.09%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-9.28
-19,456,700
81,986,000
0.13%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
593,000
0.03%
2023-05-18
JPMORGAN CHASE & CO
added
76.01
21,968,200
60,627,200
0.01%
2023-05-18
CENTAURUS FINANCIAL, INC.
added
0.74
-25,000
216,000
0.02%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-1.95
-5,567,000
38,447,000
0.05%
2023-05-18
COURIER CAPITAL LLC
unchanged
-
-25,416
207,583
0.02%

1–10 of 42

Latest Funds Activity

Are funds buying CSGP calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CSGP
No. of Funds

CoStar Group News

Marketscreener.com
CoStar Group Signs Science Based Targets Initiative (SBTi) Commitment for Emissions Reduction.
Marketscreener.com,
43 hours ago
Marketscreener.com
mediabistro.com
The #1 Media & Creative Job Board.
mediabistro.com,
7 days ago
Best Stocks
Hospitality Net

Schedule 13G FIlings of CoStar Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
1.6%
6,678,381
SC 13G/A
Feb 09, 2023
vanguard group inc
11.01%
44,771,685
SC 13G/A
Jan 30, 2023
blackrock inc.
7.8%
31,629,923
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
6.9%
27,653,214
SC 13G/A
Feb 09, 2022
vanguard group inc
8.75%
34,552,931
SC 13G/A
Feb 01, 2022
blackrock inc.
6.1%
23,945,281
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
11.3%
4,458,648
SC 13G/A
Feb 12, 2021
bamco inc /ny/
4.62%
1,821,751
SC 13G/A
Feb 10, 2021
vanguard group inc
8.76%
3,454,187
SC 13G/A
Jan 29, 2021
blackrock inc.
8.9%
3,500,291
SC 13G/A

CSGP Fair Value

Recent SEC filings of CoStar Group

View All Filings
Date Filed Form Type Document
May 25, 2023
4
Insider Trading
May 12, 2023
PX14A6G
PX14A6G
May 05, 2023
4
Insider Trading
May 02, 2023
4
Insider Trading
Apr 28, 2023
144
Notice of Insider Sale Intent
Apr 27, 2023
ARS
ARS
Apr 27, 2023
DEF 14A
DEF 14A
Apr 27, 2023
DEFA14A
DEFA14A
Apr 26, 2023
10-Q
Quarterly Report
Apr 25, 2023
8-K
Current Report

Latest Insider Trading transactions for CSGP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-02
Wheeler Scott T
gifted
-
-
447
chief financial officer
2023-05-02
Wheeler Scott T
gifted
-
-
-5,051
chief financial officer
2023-04-28
FLORANCE ANDREW C
sold
-27,677,900
76.77
-360,530
president and ceo
2023-04-28
FLORANCE ANDREW C
acquired
6,590,490
18.28
360,530
president and ceo
2023-03-31
Hill John W
sold
-157,550
68.5
-2,300
-
2023-03-17
SIMURO FRANK
acquired
499,774
21.1859
23,590
chief technology officer
2023-03-15
DESMARAIS MICHAEL J
sold (taxes)
-149,440
67.62
-2,210
chief human resources officer
2023-03-15
Wheeler Scott T
sold (taxes)
-809,750
67.62
-11,975
chief financial officer

1–10 of 50

Andrew C. Florance
4740
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 that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar COMPS, a robust database of comparable commercial real estate sales transactions; 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 Lease Comps and Analysis, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; 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 for the hospitality industry. In addition, it offers apartment marketing sites, such as ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, WestsideRentals.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Apartamentos.com, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica.com, LandAndFarm.com, and LandWatch.com 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, as well as Homes.com, a homes for sale listings site. CoStar Group, Inc. was founded in 1987 and is headquartered in Washington, the District of Columbia.

CSGP Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]  
Revenues$ 584,366$ 515,825
Cost of revenues119,19695,479
Gross profit465,170420,346
Operating expenses:  
Selling and marketing (excluding customer base amortization)226,234143,997
Software development66,59054,021
General and administrative89,50877,961
Customer base amortization10,61716,092
Total operating expenses392,949292,071
Income from operations72,221128,275
Interest income (expense), net43,548(7,718)
Other income, net581864
Income before income taxes116,350121,421
Income tax expense29,21932,103
Net income$ 87,131$ 89,318
Net income per share - basic (in USD per share)$ 0.22$ 0.23
Net income per share - diluted (in USD per share)$ 0.21$ 0.23
Weighted-average outstanding shares - basic (in shares)404,490392,895
Weighted-average outstanding shares - diluted (in shares)406,157394,234

CSGP Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 5,055,646$ 4,967,970
Accounts receivable196,655166,140
Less: Allowance for credit losses(14,897)(12,195)
Accounts receivable, net181,758153,945
Prepaid expenses and other current assets60,23263,952
Total current assets5,297,6365,185,867
Deferred income taxes, net9,7229,722
Property and equipment, net330,836321,250
Lease right-of-use assets76,17480,392
Goodwill2,318,1332,314,759
Intangible assets, net312,420329,306
Deferred commission costs, net152,929142,482
Deposits and other assets17,05716,687
Income tax receivable2,0052,005
Total assets8,516,9128,402,470
Current liabilities:  
Accounts payable31,66428,460
Accrued wages and commissions89,352104,988
Accrued expenses86,66989,113
Income taxes payable39,48110,438
Lease liabilities36,05036,049
Deferred revenue117,805103,567
Total current liabilities401,021372,615
Long-term debt, net989,533989,210
Deferred income taxes, net73,35976,202
Income taxes payable15,29514,001
Lease and other long-term liabilities72,09580,321
Total liabilities1,551,3031,532,349
Total stockholders' equity6,965,6096,870,121
Total liabilities and stockholders' equity$ 8,516,912$ 8,402,470