CoStar Group

CoStar Group, Inc. provides commercial real estate information, analytics, and online marketplaces to the commercial real estate and related business communities. The firm’s suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values and market conditions. Its brands include CoStar, which is the largest provider of CRE research and real-time data, LoopNet, which is the most heavily trafficked mobile and online real estate marketplace, Apartments.com, which is the rental home resource for renters, property managers and owners, STR, which provides performance benchmarking and comparative analytics to the hotel industry, BizBuySell, which is the online marketplace for businesses-for-sales, and Lands of America, which is the operator of online marketplaces for rural real estate. The company was founded by Andrew C. Florance and Michael R. Klein in 1987 and is headquartered in Washington, DC.

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CoStar Group reports robust Q4 earnings, eyes long-term growth targets

CoStar Group's Q4 2022 earnings call highlighted strong financial results, ongoing investments in key segments, and a focus on sustainable growth. The company is optimistic about achieving its long-term revenue and EBITDA targets, despite facing challenges in margin contraction and investment management.

CoStar Group reports robust Q1 earnings, eyes European expansion

CoStar Group delivered strong Q1 2023 results, driven by revenue growth across key segments like Apartments.com, Homes.com, and LoopNet, showcasing operational strength.
While facing challenges in revenue guidance adjustments and increased spending, the company remains focused on growth opportunities in new markets and strategic investments.
With a solid financial foundation, diverse revenue mix, and confidence in market resilience, CoStar is poised to navigate challenges and capitalize on emerging opportunities for sustained growth.
The company's performance highlights its ability to adapt to market dynamics, leverage strengths in key business areas, and pursue strategic initiatives for long-term success.

CoStar Group excels in Q2 earnings, poised for strategic growth

CoStar Group delivered impressive Q2 results with revenue surpassing expectations and strong EBITDA performance.
While facing challenges in sales growth in some segments, CoStar's diverse product offerings and market strategies position it well for future growth.
Strategic focus on premier ads, value propositions, and investments in innovation underscore CoStar's commitment to driving revenue and market expansion.

CoStar Group reports robust Q3 growth, eyes European expansion

CoStar Group's Q3 performance reflects strong revenue growth, robust sales momentum, and strategic investments positioning the company for continued success and market leadership.
Despite challenges in meeting EBITDA guidance and booking volatility, CoStar's diversified revenue streams, market focus, and growth initiatives present opportunities for sustained growth and expansion.
With a focus on disruptive technologies, market expansion, and content enhancement, CoStar is poised to capitalize on growth opportunities in the U.K., Europe, and the residential market segment.
Overall, CoStar Group's performance highlights resilience, strategic foresight, and a strong market position, setting the stage for continued growth and value creation in the real estate information and marketplace sector.

CoStar Group reports robust 2023 performance and strategic growth plans

CoStar Group's strong 2023 performance, marked by revenue growth and improved net income, positions the company well for future growth.
While facing challenges such as declining legacy revenue and increased capital expenditures, strategic opportunities in residential markets and international expansion offer avenues for growth.
The company's focus on driving operating leverage in commercial businesses while funding residential marketplace strategy underscores a balanced approach to growth and profitability.
Overall, CoStar Group's financial strategy for 2024 aims to capitalize on strengths, address challenges, and leverage opportunities for sustained growth and profitability.

CoStar Group excels in Q1 2024, acquires Matterport for growth

CoStar Group delivered strong Q1 2024 results, surpassing revenue estimates and setting record metrics in key segments and market engagement.
Strategic acquisitions, like Matterport, and robust segment performances position CoStar for sustained growth and enhanced market presence.
While facing challenges in balancing segment revenues and short-term profitability, CoStar's focus on operational efficiency and growth opportunities remains strong.
Overall, CoStar's outlook for the year indicates a positive trajectory with revenue growth, enhanced data capabilities, and market expansion opportunities.

CoStar Group excels in Q2 2024, eyes sustained growth

CoStar Group delivered impressive financial results in Q2 2024, driven by revenue growth and operational efficiency.
While facing challenges in certain segments, the company's strong performance and market reach position it well for future growth.
With revised revenue guidance and increased full-year outlook, CoStar Group remains focused on sustained growth and market leadership.

CoStar Group excels in Q3 2024, eyes growth through acquisitions

CoStar Group's Q3 2024 showcased strong financial results, exceeding expectations across revenue, net income, and EBITDA. The company's diverse segments, including Apartments.com and commercial real estate, demonstrated resilience and growth potential.
While facing challenges with Homes.com, CoStar remains poised for growth with strategic acquisitions like Visual Lease and ongoing investments in sales forces. The outlook for 2024 indicates a positive trajectory with revenue growth and adjusted EBITDA expectations.

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CoStar Group, Inc. engages in the provision of online real estate marketplaces, information, and analytics in the commercial and residential property markets. It operates through the North America and International geographical segments. The North America segment includes the United States and Canada. The International segment refers to Europe, Asia-Pacific, and Latin America. The company was founded by Andrew C. Florance and Michael R. Klein in 1987 and is headquartered in Washington, DC.

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the acquisition of France's premier commercial real estate news service, Business Immo. Business Immo was founded in 2004 and has grown rapidly as an online property news source with national coverage of the French commercial real estate market. Today, Business Immo is widely recognize

CoStar Group Acquires Business Immo, a Leading Commercial Real Estate News Service in France

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the first quarter 2022 following the market close on Tuesday, April 26, 2022. 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 will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay

CoStar Group to Report Financial Results for First Quarter 2022 on April 26, 2022

Essex Property Trust

Mid-America Apartment Communities

Walker & Dunlop

Apartment REITs did exceptionally well in 2021.

Buy Alert: The Golden Age For Apartment REITs

WASHINGTON--(BUSINESS WIRE)--Ten-X – the world's largest online commercial real estate exchange announces its Battle of the Bids Game. The eight-round game launches April 11th inviting CoStar Group customers to engage with the Ten-X platform in a unique way while having the opportunity to earn cash prizes. Battle of the Bids allows customers to bet on Ten-X's auctions. Participants select up to ten properties in each round and bet what they think each will sell for—the closer each bet is to the

Ten-X Launches First Battle of the Bids Contest

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets announced today the winners of its 2022 CoStar Impact Awards. The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2021 with significant influence in neighborhoods or submarkets across 11 major U.S. markets. In the inaugural year, 46 winners are rec

CoStar Group Announces Winners of 2022 CoStar Impact Awards™

Blackbaud

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Ligand (LGND), Las Vegas Sands (LVS), CoStar (CSGP) and Blackbaud (BLKB) are a few toxic stocks that you should dump to avoid portfolio bleeding.

Don't Let These Toxic Stocks Disrupt Your Portfolio

Starting as a firm that offers information to real estate clients, CoStar now serves all aspects of the online real estate sector with its over 30 acquired brands.

CoStar Group: Correction Has Fallen Too Far

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the hire of Gene Boxer as General Counsel and Corporate Secretary. As the newest member of CoStar Group's executive leadership team and strategic advisor to the CEO, Mr. Boxer will oversee the legal and compliance function of the firm. “We believe Gene's extensive experience with acqui

CoStar Group Hires Gene Boxer as General Counsel

WASHINGTON--(BUSINESS WIRE)--Today, CoStar Group, Inc. (NASDAQ: CSGP) announced the launch of CoStar for Lenders, a fully integrated platform that pairs a user's commercial real estate loan portfolio with the power of CoStar's industry-leading property information; market analytics; and proprietary COMPASS credit default model, a best-in-class tool for over 17 years. Users will have access to data from the largest research organization in commercial real estate, including 4.6 million sale comps

Introducing CoStar for Lenders, a Groundbreaking Live Integration of Data, Models and Analytics for Commercial Real Estate Lending

The real estate data leader just hit a fresh 52-week low.

Here's Why CoStar Group Was Plunging on Wednesday

CoStar Group's (CSGP) CEO Andy Florance on Q4 2021 Results - Earnings Call Transcript

CoStar (CSGP) delivered earnings and revenue surprises of 20.69% and 1.24%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

CoStar Group (CSGP) Surpasses Q4 Earnings and Revenue Estimates

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today that revenue for the year ended December 31, 2021, was $1.94 billion, an increase of 17% over revenue of $1.66 billion for the full year of 2020. Revenue for the fourth quarter of 2021, was $507 million, an increase of 14% over revenue of $444 million for the fourth quarter of 2020. Ne

CoStar Group Full Year 2021 Revenue Increased 17% Year-over-Year and Fourth Quarter Net Sales Bookings Grew 37% to a Record $67 Million

WASHINGTON--(BUSINESS WIRE)--Today, CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property sectors, has published its first Sustainability Report, underscoring its commitment to building a foundation of responsible business strategies that drive value for its people, communities, and shareholders through positive environmental, social and governance (ESG) practices. “CoStar Group is committed

CoStar Group Publishes First Corporate Social Responsibility Report, Demonstrates Commitment to Positive ESG Practices

WASHINGTON--(BUSINESS WIRE)--Today, CoStar Group, Inc. (NASDAQ: CSGP) announces the launch of the 2022 CoStar Impact Awards – the industry leader's latest annual awards program – which will recognize exemplary commercial real estate projects and transactions completed in 2021 with significant influence in neighborhoods or submarkets across 11 major U.S. markets. “If the last few years have taught us anything, it is the importance of taking a moment to appreciate one another and celebrate our su

CoStar Group Launches New ‘CoStar Impact Awards' to Spotlight Exemplary CRE Transactions and Projects

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP) will announce financial results for the fourth quarter and full year 2021 following the market close on Tuesday, February 22, 2022. Management will conduct a conference call to discuss fourth quarter and full year 2021 results as well as the Company's outlook at 5:00 PM EST that same day. A live audio webcast of the conference will be available in listen-only mode through the Investors section of the CoStar Group website: https://in

CoStar Group to Report Financial Results for Fourth Quarter and Full Year 2021 on February 22, 2022

American Tower

Equinix

SBA Communications

In light of increasing home prices during November 2021, four real estate companies that have high profitability and are trading at fair GF Value as of January include American Tower Corp. ( AMT , Financial), Equinix Inc. ( EQIX , Financial), SBA Communications Corp. ( SBAC , Financial) and CoStar Group Inc. ( CSGP , Financial) according to the All-in-One Screener, a Premium feature of GuruFocus.

4 Real Estate Companies With Predictable Revenue Growth

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics, specializing in multifamily and single family residential, office, industrial, retail, hospitality and land property sectors, announced today the planned expansion of its research and technology center in Richmond, Virginia. The new corporate campus is expected to bring together over 3,000 employees to collaborate on cutting-edge technologies and rese

CoStar Group Announces Plans for Expanded Corporate Campus in Richmond, Virginia

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Xtrackers International Real Estate ETF

iShares Cohen & Steers REIT ETF

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CBRE Global Real Estate Income Fund

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Nuveen Real Estate Income Fund

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Kimco Realty

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Macerich

Bouncing back from punishing pandemic-related declines, Shopping Center REITs are on the cusp of a full recovery across all critical metrics but Omicron introduces fresh uncertainty and also potential opportunity. The retail landscape has improved dramatically this year. Retail sales are on-pace to rise over 15% this year while store closings are on pace for the lowest level in a decade.

Shopping Center REITs: Bargain Hunting

FactSet Research Systems

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Tesla

According to current portfolio statistics, a Premium feature of GuruFocus, five stocks among Ron Baron (Trades, Portfolio)'s top 10 holdings with high three-month returns include Tesla Inc. ( TSLA , Financial), FactSet Research Systems Inc. ( FDS , Financial), Gartner Inc. ( IT , Financial), Vail Resorts Inc. ( MTN , Financial) and CoStar Group Inc. ( CSGP , Financial).

Ron Baron's Top-Performing Holdings as of October

CoStar Group, Inc. (CSGP) CEO Andy Florance on Q3 2021 Results - Earnings Call Transcript

CoStar (CSGP) delivered earnings and revenue surprises of 8.70% and 0.27%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

CoStar Group (CSGP) Tops Q3 Earnings and Revenue Estimates

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics, and online marketplaces, announced today that revenue for the quarter ended September 30, 2021, was $499 million, an increase of 17% over revenue of $426 million for the third quarter of 2020. Net income for the third quarter of 2021 was $64 million, or $0.16 per diluted share. Non-GAAP net income for the third quarter of 2021 (which excludes amortization of acq

CoStar Group Third Quarter 2021 Revenue Increased 17% Year-over-Year, CoStar Accelerated to Double-Digit Revenue Growth with Net Sales Reaching All-Time High

Despite the pandemic, CoStar Group has grown through acquisitions without jeopardizing its liquidity. Its core business is gaining traction as the economy picks up and more people accept digital real estate transactions.

CoStar Group Intensifies Its Real Estate E-Commerce Operations

CoStar (CSGP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for CoStar Group Stock (CSGP)