0.10%
7.00%
5.23%
-1.82%
-8.24%
9.18%
17.30%
AI Spotlight on CSGP
Company Description
CoStar Group, Inc.provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America.It offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar COMPS, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.
The company also provides Lease Comps and Analysis, a tool to capture, manage, and maintain lease data; CoStar Lease Analysis; Public Record, a searchable database of commercially-zoned parcels; CoStar Real Estate Manager, a real estate lease administration, portfolio management, and lease accounting compliance software solution; and CoStar Risk Analytics and CoStar Investment.In addition, it offers apartment marketing sites, such as ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, WestsideRentals.com, AFTER55.com, CorporateHousing.com, ForRentUniversity.com, Apartamentos.com, and Off Campus Partners; LoopNet Premium Lister; LoopNet Diamond, Platinum, and Gold Ads; LandsofAmerica.com, LandAndFarm.com, and LandWatch.com for rural land for-sale; BizBuySell.com, BizQuest.com, and FindaFranchise.com for operating businesses and franchises for-sale; Ten-X, an online auction platform for commercial real estate; and HomeSnap, an online and mobile software platform, as well as Homes.com, a homes for sale listings site.CoStar Group, Inc.
was founded in 1987 and is headquartered in Washington, the District of Columbia.
Market Data
| Last Price | 76.6 |
| Change Percentage | 0.10% |
| Open | 76.19 |
| Previous Close | 76.52 |
| Market Cap ( Millions) | 31403 |
| Volume | 2601039 |
| Year High | 100.38 |
| Year Low | 68.26 |
| M A 50 | 74.67 |
| M A 200 | 77.48 |
Financial Ratios
| FCF Yield | -0.40% |
| Dividend Yield | 0.00% |
| ROE | 2.37% |
| Debt / Equity | 14.82% |
| Net Debt / EBIDTA | -2245.69% |
| Price To Book | 4.16 |
| Price Earnings Ratio | 177.68 |
| Price To FCF | -246.99 |
| Price To sales | 11.78 |
| EV / EBITDA | 161.81 |
News
- Jan -22 - CoStar Group Founder and CEO Andy Florance Named Inman 2025 Power Player
- Jan -16 - CoStar Group Welcomes Bidwells as a Client, Cementing CRE Analytics Leadership in the UK
- Jan -08 - CoStar Group Founder and CEO Andy Florance Named Among Top Ten on SP 200 List
- Dec -12 - CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite
- Dec -09 - Matterport's Arbitrage Opportunity, Navigating The CoStar Acquisition Deal (Rating Upgrade)
- Nov -19 - CoStar Group to Host Investor Day on Thursday, December 5, 2024
- Nov -13 - CoStar Group to Present at RBC Capital Markets 2024 Global TIMT Conference
- Nov -13 - CoStar Group to Present at Stephens NASH24 Conference
- Nov -12 - CoStar Group to Present at KBW Fintech Conference
- Nov -11 - Is the Options Market Predicting a Spike in CoStar Group (CSGP) Stock?
- Nov -08 - Stock Picks From Seeking Alpha's October 2024 New Analysts
- Nov -05 - CORRECTING and REPLACING CoStar Group Calls for Entries Ahead of Fourth Annual CoStar Impact Awards
- Nov -05 - CoStar Group Calls for Entries Ahead of Fourth Annual CoStar Impact Awards
- Nov -01 - Wall Street Is Down on These 3 Stocks
- Nov -01 - CoStar Group Closes Deal to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform
- Nov -01 - CoStar Group Strikes Deal to Secure Relocation of Headquarters to Arlington, Virginia
- Oct -27 - CoStar Group: Strong Competitive Positioning Makes It Attractive
- Oct -24 - CoStar (CSGP) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
- Oct -24 - CoStar Group: Growth Outlook In The Coming Years Remain Solid
- Oct -23 - Why CoStar Group Stock Was Sliding Today
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> CoStar
Expected Growth : 14 %
What the company do ?
CoStar is a commercial real estate platform providing comprehensive data, analytics, and market insights to brokers, investors, and owners.
Why we expect these perspectives ?
CoStar's 14% growth driven by increasing adoption of its commercial real estate platform, expansion into new markets, and rising demand for data analytics and insights. Strong sales execution, strategic acquisitions, and investments in research and development also contribute to growth.
Segment nΒ°2 -> Multifamily
Expected Growth : 12 %
What the company do ?
Multifamily from CoStar Group, Inc. refers to a commercial real estate information platform providing data and analytics for apartment properties and rental markets.
Why we expect these perspectives ?
Strong demand for rental housing, driven by demographic shifts and lifestyle changes, fuels multifamily growth. Increasing housing costs, limited affordability, and rising mortgage rates further boost rental demand. Additionally, institutional investors and private equity firms continue to invest in the sector, driving up property values and rents, contributing to the 12% growth.
Segment nΒ°3 -> LoopNet
Expected Growth : 10 %
What the company do ?
LoopNet is a commercial real estate marketplace owned by CoStar Group, Inc., providing listings, research, and marketing solutions for the industry.
Why we expect these perspectives ?
LoopNet's 10% growth driven by increasing demand for commercial real estate listings, expansion into new markets, and strategic partnerships. CoStar Group's strong brand reputation, robust technology infrastructure, and comprehensive property data also contribute to growth. Additionally, the rise of e-commerce and logistics fuels demand for industrial and warehouse spaces, further boosting LoopNet's growth.
Segment nΒ°4 -> Information Services
Expected Growth : 18 %
What the company do ?
CoStar Group's Information Services provide commercial real estate data, analytics, and market insights to brokers, investors, and owners, enabling informed decisions.
Why we expect these perspectives ?
CoStar Group's 18% growth in Information Services is driven by increasing demand for commercial real estate data and analytics, expansion into new markets, and strategic acquisitions. The company's unique data platform, robust research capabilities, and strong brand recognition also contribute to its growth. Additionally, the growing need for digital transformation in the commercial real estate industry fuels demand for CoStar's services.
Segment nΒ°5 -> Other Marketplaces
Expected Growth : 11 %
What the company do ?
Other Marketplaces from CoStar Group, Inc. refers to the company's platforms that provide commercial real estate market data, analytics, and online marketplaces beyond its core CoStar Suite.
Why we expect these perspectives ?
CoStar Group's Other Marketplaces segment growth is driven by increasing adoption of online marketplaces, rising demand for commercial real estate data and analytics, expansion into new markets, and strategic acquisitions. Additionally, growing popularity of e-commerce and digital platforms, increasing need for data-driven decision making, and rising competition in the commercial real estate industry also contribute to the segment's 11% growth.
Segment nΒ°6 -> Residential
Expected Growth : 15 %
What the company do ?
Residential from CoStar Group, Inc. provides comprehensive data and analytics on multifamily properties, including sales, listings, and market trends.
Why we expect these perspectives ?
Residential segment growth of 15% driven by low unemployment, increasing wages, and favorable demographics. Housing demand outpacing supply, particularly in urban areas, fuels growth. Additionally, low interest rates and government incentives for first-time homebuyers support the upward trend.
Costar Group, Inc. Products
| Product Range | What is it ? |
|---|---|
| CoStar Suite | A comprehensive platform providing commercial real estate professionals with accurate and timely data, analytics, and market insights to inform their business decisions. |
| LoopNet | A leading online marketplace for commercial real estate, providing a platform for property owners, brokers, and tenants to list, search, and lease or buy properties. |
| CoStar Go | A mobile app providing on-the-go access to CoStar's comprehensive commercial real estate data, including property details, sales history, and market analytics. |
| CoStar Analytics | A suite of analytics tools providing detailed market insights, trends, and forecasts to help commercial real estate professionals make informed decisions. |
| CoStar Property | A comprehensive database of commercial property information, including detailed property profiles, sales history, and market data. |
| CoStar COMPS | A comprehensive database of commercial property sales data, providing detailed information on sales transactions, property characteristics, and market trends. |
CoStar Group, Inc.'s Porter Forces
Threat Of Substitutes
CoStar Group, Inc. operates in a niche market, providing commercial real estate information, analytics, and online marketplaces. While there are some substitutes available, they are not as comprehensive or widely adopted as CoStar's offerings.
Bargaining Power Of Customers
CoStar Group, Inc. has a diverse customer base, including commercial real estate brokers, investors, and lenders. While customers have some bargaining power, CoStar's strong brand and comprehensive offerings limit their ability to negotiate prices.
Bargaining Power Of Suppliers
CoStar Group, Inc. has a diverse supplier base, including data providers and technology vendors. While suppliers have some bargaining power, CoStar's scale and negotiating power limit their ability to dictate prices.
Threat Of New Entrants
Entering the commercial real estate information and analytics market requires significant investment in data collection, processing, and analysis. Barriers to entry, including high upfront costs and the need for specialized expertise, limit the threat of new entrants.
Intensity Of Rivalry
The commercial real estate information and analytics market is moderately competitive, with a few established players competing for market share. While rivalry exists, CoStar Group, Inc.'s strong brand and comprehensive offerings help to differentiate it from competitors.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 13.14% |
| Debt Cost | 8.15% |
| Equity Weight | 86.86% |
| Equity Cost | 8.15% |
| WACC | 8.15% |
| Leverage | 15.13% |
CoStar Group, Inc. : Quality Control
CoStar Group, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MMI | Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. β¦ |
| AMT | American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. β¦ |
| WELL | Welltower Inc. (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and β¦ |
| PLD | Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on β¦ |
| CBRE | CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Prologis
A-Score
1-Year Total Return ->
π₯
Marcus Millichap
A-Score
1-Year Total Return ->
π₯
Welltower
A-Score
1-Year Total Return ->
4
CBRE
A-Score
1-Year Total Return ->
5
American Tower
A-Score
1-Year Total Return ->
6
