CoStar Group Inc is a leading provider of commercial real estate information, analytics, and online marketplaces. The company specializes in collecting and analyzing data related to commercial properties, which it makes available to clients through innovative technology solutions. By offering insights and tools that help real estate professionals make informed decisions, CoStar Group supports a diverse clientele that includes real estate owners, investors, and brokers. Their comprehensive suite of products includes detailed property listings, market research reports, and valuation services, all designed to enhance transparency and efficiency in the commercial real estate sector. Read More
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today the appointment of Grant Montgomery as National Director of Multifamily Analytics. The hire will augment the company’s already powerful analytics across the U.S. multifamily sector, adding value for CoStar Group clients and the commercial real estate industry as a whole.
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Shares of real estate data provider CoStar Group (NASDAQ:CSGP) jumped 6.6% in the afternoon session after the company reported strong second-quarter results that beat estimates and raised its full-year guidance.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Curious about the top performers within the S&P500 index in the middle of the day on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Real estate data provider CoStar Group (NASDAQ:CSGP) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 15.3% year on year to $781.3 million. The company expects next quarter’s revenue to be around $802.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.17 per share was 23.4% above analysts’ consensus estimates.
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended June 30, 2025 was $781 million, up 15% over revenue of $678 million for the quarter ended June 30, 2024. Net income was $6.2 million and net income per diluted share was $0.01 for the second quarter 2025. Adjusted EBITDA was $85 million in Q2 2025, an increase of 108% from Q2 2024.
Homes.com, a CoStar Group leading online residential marketplace, released a new report today analyzing home price trends in June (based on the data collected to date), including price trends across major metros and house types.
The national year-over-year asking rent growth for apartments was 0.9% in the second quarter of 2025, slightly slower than the 1.2% recorded in the first quarter. From mid-2023, year-over-year rent growth hovered between 1.0% and 1.2% after its rapid deceleration in 2021 and 2022. This was the first easing of rent growth since the first quarter of 2024.
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the second quarter of 2025 following the market close on Tuesday, July 22, 2025. Management will conduct a conference call to discuss the second quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Yesterday, Judge Marshall of the federal district court in Los Angeles issued a detailed opinion finding that CREXi had deliberately copied and cropped thousands of CoStar Group photos via an elaborate offshore scheme involving Indian-based agents. The court saw through CREXi’s excuses and attempts to blame brokers, and also ruled that CREXi’s core counterarguments failed. The case will now move forward to trial to resolve the remaining outstanding factual issues and to determine the value of CoStar Group’s images and CREXi’s damages.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets.
These doubts have caused the industry to lag recently as services stocks have collectively shed 5.7% over the past six months. This drawdown was disappointing since the S&P 500 held its ground.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how data & business process services stocks fared in Q1, starting with CoStar (NASDAQ:CSGP).
