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Last $171.63 USD
Change Today -5.41 / -3.06%
Volume 124.6K
CSGP On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 3:05 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

costar group inc (CSGP) Snapshot

Open
$173.83
Previous Close
$177.04
Day High
$176.60
Day Low
$170.84
52 Week High
07/21/15 - $223.49
52 Week Low
10/15/14 - $134.38
Market Cap
5.6B
Average Volume 10 Days
177.5K
EPS TTM
$0.41
Shares Outstanding
32.5M
EX-Date
--
P/E TM
422.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for COSTAR GROUP INC (CSGP)

costar group inc (CSGP) Related Businessweek News

No Related Businessweek News Found

costar group inc (CSGP) Details

CoStar Group, Inc. provides information, analytics, and online marketplaces services to the commercial real estate industry in the United States, Canada, the United Kingdom, and France. The company primarily offers CoStar Property Professional service that provides inventory of office, industrial, retail, and multifamily properties and land. It also offers CoStar COMPS Professional, which provides coverage of comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStarGo, an iPad application that integrates its property, comparable sales, and tenant information; CoStar Advertising to market a space for lease or a property for sale; and CoStar Portfolio Strategy and CoStar Market Analytics, which are designed to meet the research needs of commercial real estate owners, investors, and lenders. In addition, the company offers CoStar Investment Analysis Portfolio Maximizer, CoStar Investment Analysis Request, CoStar Real Estate Manager Corporate Edition, and CoStar Real Estate Manager Retail Edition that are real estate management software solutions; CoStar Private Sale Network, which provides clients with custom-designed and branded Websites; and CoStar Brokerage Applications to manage and optimize business operations. Further, it offers LoopNet Premium Lister and LoopNet Premium Searcher that are designed for commercial real estate professionals and other customers to market their listings; LoopLink, an online real estate marketing and database services suite; Apartments.com, an online apartment marketplace for renters; LandsofAmerica and LandAndFarm that are online marketplaces for rural land for sale; and BizBuySell and BizQuest, which are online marketplaces for operating businesses for sale. The company serves commercial real estate and related business community. CoStar Group, Inc. was founded in 1987 and is headquartered in Washington, the District of Columbia.

2,444 Employees
Last Reported Date: 02/26/15
Founded in 1987

costar group inc (CSGP) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $638.1K
Executive Vice President of Operations
Total Annual Compensation: $349.8K
Executive Vice President
Total Annual Compensation: $372.2K
Executive Vice President of Sales
Total Annual Compensation: $222.7K
Compensation as of Fiscal Year 2014.

costar group inc (CSGP) Key Developments

CoStar Group, Inc. Announces Executive Changes

On July 30, 2015, CoStar Group Inc. announced the appointment of Scott L. Yinger as Interim Chief Financial Officer of the company effective August 3, 2015. Mr. Yinger will perform the duties of the principal financial officer and principal accounting officer of the company until such time as the company appoints a new Chief Financial Officer. Effective August 3, 2015, Brian J. Radecki, the company's current Chief Financial Officer, will serve the company as Executive Vice President to assist with the transition and with the search for a new Chief Financial Officer. Mr. Radecki expects to take a sabbatical following the appointment of a new Chief Financial Officer for the company to spend more time with his family. Mr. Yinger, 50, joined CoStar in June 2010 as Vice President of Finance and has been employed with the company in that role since that time. As Vice President of Finance, Mr. Yinger has been responsible for the company's budgeting, forecasting and other financial analysis, including analysis of mergers and acquisitions, and supports the company's investor relations function, communicating with investors and analysts. Prior to joining CoStar, Mr. Yinger held various roles at AOL from 1999 to 2009, including divisional Chief Financial Officer and Senior Vice President of Finance.

CoStar Group Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Fourth Quarter of 2015; Revises Earnings Guidance for the Full Year of 2015

CoStar Group Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's revenue was $170.7 million, an increase of approximately 16% over revenue of $147.7 million for the second quarter of 2014. Loss from operations was $20.1 million compared with income from operations of $16.9 million a year ago. Loss before income taxes was $22.3 million compared with income of $13.2 million a year ago. Net loss was $14.97 million or $0.47 per diluted share compared with net income of $8.2 million or $0.28 per diluted share a year ago. Non-GAAP income before income taxes was $3.9 million compared with $37.9 million a year ago. Non-GAAP net income was $2.4 million or $0.08 per diluted share compared with $23.5 million or $0.80 per diluted share a year ago. EBITDA loss was $1.5 million compared with EBITDA of $37.6 million a year ago. Adjusted EBITDA was $11.3 million compared with $45.3 million a year ago. For the six months, the company's revenues were $329.7 million compared with $266.8 million a year ago. Loss from operations was $23.6 million compared with income from operations of $34.1 million a year ago. Loss before income taxes was $27.9 million compared with income of $28.9 million a year ago. Net loss was $21.1 million or $0.66 per diluted share compared with net income of $17.99 million or $0.62 per diluted share a year ago. Non-GAAP income before income taxes was $21.3 million compared with $69.8 million a year ago. Non-GAAP net income was $13.2 million or $0.41 per diluted share compared with $43.2 million or $1.48 per diluted share a year ago. EBITDA was $12.9 million compared with EBITDA of $64.6 million a year ago. Adjusted EBITDA was $35.0 million compared with $82.4 million a year ago. For the third quarter ending September 30, 2015, the company expects net loss in the range of $5.3 million to $2.7 million, loss before income taxes in the range of $8.8 million to $4.7 million, non-GAAP income before income taxes in the range of $21.9 million to $23.5 million, non-GAAP net income in the range of $13.6 million to $14.6 million, GAAP diluted loss per share in the range of $0.17 to $0.08, non-GAAP diluted income per share in the range of $0.42 to $0.45, depreciation and other amortization in the range of $5.8 million to $5.8 million, and adjusted EBITDA in the range of $29.9 million to $31.5 million. The company expects revenue of approximately $187 million to $189 million. For the fourth quarter ending December 31, 2015, the company expects net income in the range of $5.4 million to $10.6 million, income before income taxes in the range of $8.5 million to $16.6 million, non-GAAP income before income taxes in the range of $41.1 million to $43.7 million, non-GAAP net income in the range of $25.5 million to $27.1 million, GAAP diluted income per share in the range of $0.17 to $0.33, non-GAAP diluted income per share in the range of $0.79 to $0.84, depreciation and other amortization in the range of $6.4 million to $6.4 million, and adjusted EBITDA in the range of $49.8 million to $52.4 million. The company raised its full year ending December 31, 2015 revenue outlook in the range of $707 million to $712 million. The top-end of the company's annual revenue guidance range is now $52 million higher than its initial 2015 guidance forecast. The company expects net loss in the range of $21.0 million to $13.2 million, loss before income taxes in the range of $28.2 million to $16.0 million, non-GAAP income before income taxes in the range of $84.4 million to $88.6 million, non-GAAP net income in the range of $52.3 million to $54.9 million, GAAP diluted loss per share in the range of $0.66 to $0.41, non-GAAP diluted income per share in the range of $1.62 to $1.70, depreciation and other amortization in the range of $21.7 million to $21.7 million, and adjusted EBITDA in the range of $114.8 million to $119.0 million.

CoStar Group Inc. Presents at Annual Needham Interconnect Conference, Aug-04-2015 10:00 AM

CoStar Group Inc. Presents at Annual Needham Interconnect Conference, Aug-04-2015 10:00 AM. Venue: The Westin Grand Central Hotel, 212 E. 42nd Street, New York, New York, United States.

 

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Industry Analysis

CSGP

Industry Average

Valuation CSGP Industry Range
Price/Earnings 100.0x
Price/Sales 9.1x
Price/Book 3.9x
Price/Cash Flow 163.6x
TEV/Sales 8.1x
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