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. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, 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. It also provides Leasing, 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. The company was founded in 1987 and is headquartered in Washington, the District of Columbia.
Market Dominance | CoStar Group's commanding position in commercial real estate data, boasting a $30.12B market cap and 79.23% gross profit margin, fuels its ambitious expansion plans |
Residential Gambit | Delve into CoStar's high-stakes $900M investment in Homes.com, a bold move to capture the residential market amid fierce competition and monetization challenges |
Strategic Maneuvers | Explore CoStar's tactical partnerships and acquisitions, including the $272.5M Visual Lease deal, aimed at fortifying its market position and diversifying offerings |
Financial Outlook | Analysts project varied price targets ranging from $83 to $110, reflecting the complex interplay of CoStar's core strength and residential market uncertainties |
Metrics to compare | CSGP | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCSGPPeersSector | |
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P/E Ratio | 173.0x | −1.6x | 7.6x | |
PEG Ratio | −3.07 | 0.02 | 0.01 | |
Price/Book | 4.1x | 0.9x | 0.9x | |
Price / LTM Sales | 11.4x | 1.1x | 3.8x | |
Upside (Analyst Target) | 19.8% | 11.2% | 20.3% | |
Fair Value Upside | Unlock | 9.6% | 2.5% | Unlock |