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Rentals

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Mortgages

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

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Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Zillow exits iBuying, reports strong Q4 earnings, eyes growth pillars

Zillow Group's strategic shift towards increasing customer transaction share and building a housing super app reflects a commitment to innovation and growth in a challenging market environment.
Despite short-term challenges and market uncertainties, Zillow's strong financial performance in Q4 and strategic outlook for Q1 position the company for long-term success and market leadership.
By focusing on customer-centric strategies, product innovations, and revenue diversification, Zillow aims to drive share growth, enhance customer experience, and solidify its position in the real estate market.

Zillow beats Q1 expectations, eyes growth in AI and loans

Zillow Group's Q1 performance exceeded expectations, with strong revenue and EBITDA figures.
The company's focus on AI, real-time touring, and Zillow Home Loans presents growth opportunities.
Challenges include market forecast declines and the need to enhance lead conversion strategies.
Opportunities lie in leveraging Premier Agents, real-time touring, and improving the digital mortgage experience.

Zillow surpasses Q2 revenue expectations, eyes AI and market expansion

Zillow's Q2 2023 earnings call highlighted robust financial performance, strategic investments in technology, and market share gains across key segments. The company's focus on innovation, partnerships, and operational efficiencies positions it well to navigate challenges and capitalize on growth opportunities in the real estate industry.

Zillow reports robust Q3 revenue growth amidst industry challenges

Zillow's Q3 performance showcased revenue growth and strategic acquisitions, underscoring its resilience in the face of industry challenges.
Despite facing lawsuits and market uncertainties, Zillow's strong position, unique assets, and growth strategies position it well for future opportunities.
Challenges in commission transparency, mortgage rates, and financial optimization require careful management, but Zillow's proactive stance and market strengths offer avenues for growth.
Opportunities in market transitions, service enhancements, product expansion, and Rentals business growth provide avenues for Zillow to capitalize on evolving real estate dynamics.

Zillow reports strong Q4 earnings, eyes double-digit growth in 2024

Zillow's Q4 performance reflects revenue growth, operational strengths, and strategic positioning for future expansion.
While facing challenges in integration and cost management, Zillow is poised for double-digit growth in 2024 with a focus on key opportunities.
The company's emphasis on real-time touring, rental growth, and product integration underscores its commitment to innovation and market leadership.

Zillow exceeds Q1 expectations, eyes double-digit growth and tech innovation

Zillow's Q1 performance reflects strong revenue growth, operational efficiency, and a positive outlook for 2024, driven by strategic initiatives and market focus.
The company's strengths lie in consumer-centric solutions, Rentals business growth, and innovative technologies enhancing customer engagement and sales.
Challenges include market dynamics impacting first-time homebuyers, the need for continued innovation, and effective management of rental properties.
Opportunities for Zillow include growth pillars like Rentals and Listing Showcase, market expansion, and leveraging technology for enhanced customer experiences.

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Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Zillow stock rises 18% as mortgage and rentals helps boost revenue amid slow home sales

Zillow Group, Inc. (NASDAQ:Z ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Bradley Berning - VP, Strategic Affairs & IR Richard Barton - Co-Founder & CEO Jeremy Wacksman - COO Jeremy Hofmann - CFO Conference Call Participants Ronald Josey - Citigroup Nicholas Jones - Citizens JMP Bradley Erickson - RBC Mark Mahaney - Evercore ISI Ryan McKeveny - Zelman & Associates John Campbell - Stephens John Colantuoni - Jefferies Thomas Champion - Piper Sandler Operator Hello, and welcome to Zillow's Second Quarter 2024 Earnings Call. We ask that you please hold all questions until the completion of the formal remarks, at which time, you will be given instructions for the question-and-answer session.

Zillow Group, Inc. (Z) Q2 2024 Earnings Call Transcript

Zillow (Z) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.39 per share a year ago.

Zillow (Z) Q2 Earnings and Revenues Surpass Estimates

SEATTLE , Aug. 7, 2024 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results for the three months ended June 30, 2024. Complete financial results for the second quarter and outlook for the third quarter of 2024 can be found in our shareholder letter on the Investor Relations section of Zillow Group's website at https://investors.zillowgroup.com/investors/financials/quarterly-results/default.aspx.

Zillow Group Reports Second-Quarter 2024 Financial Results

Rich Barton remains on the Zillow Group Board of Directors and becomes co-executive chair alongside Zillow co-founder and current executive chair Lloyd Frink SEATTLE , Aug. 7, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced longtime executive and Chief Operating Officer Jeremy Wacksman has been promoted to chief executive officer and appointed to the Company's Board of Directors. Wacksman succeeds co-founder Rich Barton, who remains on the Zillow Group Board of Directors and becomes co-executive chair alongside Zillow co-founder and current Executive Chair Lloyd Frink.

Zillow Group Promotes Jeremy Wacksman to CEO

Zillow Group operates a very popular website with hundreds of millions of visitors monthly. The company has a net cash position of $1.2 billion and has been reducing its outstanding shares with its share buyback program. However, while Q1 results show that revenue grew 13% yoy, the company continues to operate at a GAAP-based net loss (-$0.10/share in Q1).

Zillow: A Great Website (That Needs To Be Monetized)

SEATTLE, July 16, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) today announced it will release second-quarter 2024 financial results after market close on Wednesday, Aug. 7, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 2 p.m. PT / 5 p.m. ET.

Zillow Group to Announce Second-Quarter 2024 Results Aug. 7

Cemex SAB de CV

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Equity LifeStyle Properties

Federal National Mortgage Association

PulteGroup

SoFi Technologies

The new market cycle could be the best environment for ‘boring' stocks to take off. Recently, there has been some interest in the real estate sector, especially after Warren Buffett started buying homebuilding stocks like PulteGroup Inc. NYSE: PHM and D.R.

3 Stocks Wall Street Could Be Watching on Fannie Mae's Rally

An insider just bought $100 million in stock.

1 Massive Reason to Love Zillow Stock

This week, inflation data provided some encouraging signs. Both the Consumer Price Index (CPI) and Producer Price Index (PPI) came in lower than expected.

Zillow Strong Position For Rate Cuts and Slowing Inflation

This story originally appeared on Real Estate News.

Zillow Group and multiple listing firms reach settlement in ShowingTime lawsuit

On June 12, 2024, Zillow Group, Inc. (NASDAQ:Z) experienced a significant surge in its stock price, closing up over 13%.

Zillow stock soars 13% on insider buying: Time to jump in?

Opendoor

Whirlpool

Multiple signs are indicating that the U.S. economy's “higher for longer” interest rates are starting to take a greater toll on the country's housing market. First, last month the number of homes for sale whose prices were reduced came in at nearly 278,000, according to the Federal Reserve.

3 Stocks to Sell (or Short) Before the Housing Market Cracks

After a few months of stalemate between buyers and sellers, the U.S. real estate sector is finally looking to get back on its feet. With the Intercontinental Exchange reporting that most outstanding mortgages in the U.S. carry an interest rate of only 3.25% today, most homeowners don't have an incentive to put their homes on the market.

3 Stocks to Watch as New Home Listings Climb Again

Zillow's shares have dropped over 25% this year, creating an opportunistic buying window for longer-term investors. Zillow's Rentals business is growing at over 30% year-over-year and addresses a $25 billion TAM. This is helping to pad slower growth in other areas of the business. We shouldn't ignore the fact that prior-year comps are also getting easier, however, and Zillow's Residential arm is seeing growth re-accelerate.

Zillow: Surging Rentals Helps To Affirm The Bull Case For This Housing Super App

Zillow has created the Fair Housing Classifier for large language models (LLMs) to help others in real estate, civil rights and technology sectors safeguard AI-powered real estate conversations SEATTLE , May 21, 2024 /PRNewswire/ -- Today, Zillow is releasing its open-source Fair Housing Classifier , which establishes guardrails to promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology. Many AI tools disregard fair housing requirements and, when deployed, can perpetuate bias and undermine the progress achieved in advocating for fair housing.

Zillow providing open-source technology to promote fair housing in AI-powered real estate conversations

Zillow Group's 1Q24 earnings beat estimates, with revenue growing 13% to $529 million. The company has three major growth catalysts: agent solutions, expansion into new markets, and a strong Rentals segment. The potential slowdown in the Residential segment is a concern, but Zillow Group still has attractive upside potential.

Zillow Group: Multiple Growth Catalysts, But Slowdown In Residential Is A Concern

BuyAbility, an innovative new tool from Zillow Home Loans, combines real-time mortgage rates with a buyer's credit score and income to determine a home price comfortably within budget SEATTLE , May 13, 2024 /PRNewswire/ -- Today, Zillow Home Loans is introducing BuyAbility , a new tool that addresses one of the biggest considerations buyers face today: understanding what they can afford. Only offered on Zillow, BuyAbility gives buyers a personalized, real-time estimate of the home price and monthly payment that fits within their budget, and then gives insight into the likelihood of qualifying for a loan.

New Zillow Home Loans tool addresses home buyers' biggest concern: affordability

This real estate technology company could be hit hard by a changing real estate market.

I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why

KE Holdings

Investors looking for stocks in the Real Estate - Operations sector might want to consider either KE Holdings Inc. Sponsored ADR (BEKE) or Zillow (Z). But which of these two companies is the best option for those looking for undervalued stocks?

BEKE vs. Z: Which Stock Should Value Investors Buy Now?

Starbucks

Starbucks has been on my radar for quite some time, and I finally decided to buy shares after the post-earnings drop. Zillow is a platform that I love to use, but I have serious concerns about its business in the coming years.

1 Beaten-Down Stock I Just Bought, and Another I Just Sold

Housing is changing and Zillow is leading the way.

1 Stock to Own As the Real Estate Market Is Turned Upside Down

Zillow Group's stock has declined almost -20% since my first coverage, confirming my sell rating at the time. Share performance has been volatile, reaching an all-time high in 2021 but declining since then as high interest rate environment continued to present headwinds. Strong rental performance may continue to accelerate growth. I upgrade Zillow Group to a buy rating with a 1-year price target of $45.

Zillow Group: Strong Rental Growth May Offset Possible Slowdown In Residential

Zillow Group outperformed adjusted EBITDA and revenue estimates for Q1. Zillow shares fell as much as 8% on it reduced second-quarter revenue forecast.

Zillow Q1 Results Improve, Cuts Q2 Outlook

Rising mortgage rates are a headwind for the listings site, the company says.

News for Zillow Stock (Z)