Equities analysts expect CoStar Group Inc (NASDAQ:CSGP) to report earnings of $1.26 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for CoStar Group’s earnings. The highest EPS estimate is $1.35 and the lowest is $1.20. CoStar Group reported earnings of $1.29 per share during the same quarter last year, which indicates a negative year over year growth rate of 2.3%. The firm is scheduled to report its next quarterly earnings results after the market closes on Wednesday, February 21st.

According to Zacks, analysts expect that CoStar Group will report full-year earnings of $4.60 per share for the current fiscal year, with EPS estimates ranging from $4.53 to $4.70. For the next year, analysts expect that the firm will post earnings of $6.17 per share, with EPS estimates ranging from $5.75 to $6.53. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for CoStar Group.

Several equities research analysts recently issued reports on CSGP shares. Wells Fargo & Co set a $400.00 price target on shares of CoStar Group and gave the company a “buy” rating in a report on Thursday, January 18th. B. Riley reaffirmed a “buy” rating and set a $350.00 price target (up from $335.00) on shares of CoStar Group in a report on Thursday, October 26th. Goldman Sachs Group started coverage on shares of CoStar Group in a report on Wednesday, November 8th. They set a “buy” rating and a $359.00 price target on the stock. Citigroup reaffirmed a “buy” rating and set a $425.00 price target (up from $320.00) on shares of CoStar Group in a report on Tuesday, January 23rd. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $335.00 price target on shares of CoStar Group in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $365.00.

A number of large investors have recently bought and sold shares of CSGP. Lenox Wealth Advisors Inc. acquired a new stake in CoStar Group during the 4th quarter worth approximately $102,000. Toronto Dominion Bank boosted its position in CoStar Group by 12.3% during the 2nd quarter. Toronto Dominion Bank now owns 401 shares of the technology company’s stock worth $106,000 after buying an additional 44 shares during the period. Cerebellum GP LLC acquired a new stake in CoStar Group during the 4th quarter worth approximately $129,000. First Manhattan Co. acquired a new stake in CoStar Group during the 3rd quarter worth approximately $187,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in CoStar Group during the 2nd quarter worth approximately $188,000. Institutional investors and hedge funds own 97.20% of the company’s stock.

Shares of CoStar Group (NASDAQ CSGP) opened at $350.14 on Friday. The stock has a market cap of $12,655.98, a P/E ratio of 87.75, a P/E/G ratio of 3.81 and a beta of 1.66. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.15. CoStar Group has a 1-year low of $197.18 and a 1-year high of $355.80.

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About CoStar Group

CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France.

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