CSGP Stock Recent News

CoStar (CSGP) reported earnings 30 days ago. What's next for the stock?

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Primient Announces Sole Ownership by KPS Capital Partners.

WASHINGTON--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today published its 2024 Environmental, Social, and Governance Report. The report highlights the company's commitment to making business decisions that prioritize its people, communities and shareholders through meaningful environmental, social and governance (ESG) practices. “Throughout 2023, we experienced incredible successes acr.

WASHINGTON--(BUSINESS WIRE)--Andy Florance, Founder and CEO of CoStar Group, a leading provider of online real estate marketplaces, information, and analytics in the property markets, was recognized on Commercial Observer's Power 100 List. The Power 100 list, published annually, honors 100 of the most influential people, businesses, and firms driving change and innovation within the commercial real estate industry. This year's honorees were selected for their resilience in the face of another u.

CoStar Group is experiencing strong growth momentum, especially in its residential segment, which saw a 41.4% increase in revenue. The acquisition of Matterport is expected to enhance the user experience on CoStar Group's platform and drive further growth. Despite a high mortgage rate environment, CoStar Group's business has shown resilience, with healthy revenue growth in Apartments.com and CoStar Suites.

CoStar Group's (CSGP) first-quarter 2024 results reflect solid top-line growth, led by robust performance in key segments.

CoStar Group, Inc. (NASDAQ:CSGP ) Q1 2024 Earnings Conference Call April 23, 2024 5:00 PM ET Company Participants Cyndi Eakin - Head of Investor Relations Andrew Florance - Founder and Chief Executive Officer Scott Wheeler - Chief Financial Officer Conference Call Participants Peter Christiansen - Citi George Tong - Goldman Sachs Alexei Gogolev - JPMorgan Ryan Tomasello - KBW Stephen Sheldon - William Blair Surinder Thind - Jefferies Heather Balsky - Bank of America Operator Good day and thank you for standing by. Welcome to the CoStar Group First Quarter 2024 Earnings Call.

While the top- and bottom-line numbers for CoStar (CSGP) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Matterport is being acquired by CoStar in a $1.7 billion cash and stock deal. The company not only has an excellent proprietary technology, but also a strong balance sheet.

The provider of online real estate marketplaces says it will pay $5.50 per share for Matterport.