How to Buy Costar Group Stock
Costar Group Inc
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.
Costar Group stock last closed at $78.12, up 0.08% from the previous day, and has increased 12.26% in one year. It has overperformed other stocks in the Real Estate Services industry by 0.25 percentage points. Costar Group stock is currently +19.96% from its 52-week low of $65.12, and -15.42% from its 52-week high of $92.36.
At the moment, there are 408.34M CSGP shares outstanding. The market capitalization of CSGP is $31.90B. In the last 24 hours, 1.1M CSGP shares were traded.
How to Buy Costar Group Stock
Wondering how to invest in Costar Group stock? Here's how.
- Choose where to buy Costar Group stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Costar Group stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Research Costar Group stock: The Costar Group ticker symbol is CSGP. Is Costar Group stock a good investment? Should you buy shares of CSGP? How do CSGP's underlying business fundamentals look? Do top analysts think Costar Group is a good buy? Why has CSGP's stock price moved recently? (Hint: Our stock research website can help you evaluate if CSGP is a good stock to buy).
- Execute your CSGP buy order: Decide if you will purchase CSGP shares at the current market price or use a limit order to buy CSGP stock at a given price.
- Get the latest news on your CSGP position: Create a watchlist to important updates regarding your position in Costar Group shares.
Step 1: Choose where to buy Costar Group stock
You need a brokerage account to access the NASDAQ market and buy CSGP stock.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you are able to invest in CSGP stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Input your personal data to start your new brokerage account.
- Send your information by pressing the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you have filled out your info on the best stock app, you need to deposit funds:
Check out this video walkthrough if you need help transferring funds into your new brokerage account.
Step 4: Research Costar Group stock
After you have selected the best place to buy Costar Group stock, it's very important to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.
Costar Group Numbers
Costar Group Zen Score
WallStreetZen was designed to help average investors do better fundamental analysis.
You can see all of the due diligence checks on CSGP's stock page.
Is CSGP stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CSGP's intrinsic value.
Using relative valuations measures:
- CSGP may be overvalued based on its P/E ratio of 81.38x, relative to Real Estate Services industry P/E ratio of 69.82x
- CSGP may be overvalued based on its P/B ratio of 4.49x, relative to Real Estate Services industry P/B ratio of 2.4x
- CSGP could be overvalued based on its PEG ratio of 5.08x
You can do additional valuation research on CSGP's stock here.
A quick look at CSGP Financials
Positive Financial Indicators:
- CSGP earnings of $366.22M is not sufficient to cover its interest payments.
- CSGP profit margin has gone up from 16% to 16.6% in the past year.
- There are more short-term assets than long-term liabilities on the CSGP balance sheet.
- CSGP has a low debt to equity ratio of 0.22.
- There are more short-term assets than short-term liabilities on the CSGP balance sheet.
- CSGP's operating cash flow of $564.90M allows it to safely service it's debt of $1.10B.
Negative Financial Indicators:
- Total CSGP debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Costar Group stock, according to Wall Street analysts?
Out of 8 sell side analysts who give recommendations on CSGP, the consensus analyst rating on Costar Group is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest CSGP Analyst Recommendations
Joe Goodwin, a bottom 5% analyst from JMP Securities reinstates CSGP with a buy rating and announces their CSGP price target of $100.00, on Sep 20, 2023.
Jeffrey Silber, a top 6% analyst from BMO Capital maintains CSGP with a hold rating and lowers their CSGP price target from $81.00 to $80.00, on Jul 27, 2023.
John Campbell, a bottom 9% analyst from Stephens & Co. reiterates CSGP with a strong buy rating and maintains their CSGP price target from $102.00 to $102.00, on Jul 26, 2023.
Ashish Sabadra, a top 16% analyst from RBC Capital reiterates CSGP with a buy rating and maintains their CSGP price target from $95.00 to $95.00, on Jul 26, 2023.
Mayank Tandon, a top 22% analyst from Needham maintains CSGP with a buy rating and raises their CSGP price target from $90.00 to $100.00, on Jul 26, 2023.
You can dive deeper into what analysts are saying on the Costar Group stock forecast page.
CSGP Trading Indicators
CSGP Earnings
Last year, CSGP earnings were $384.31M. In the past five year, CSGP's earnings have increased by 13.89% per year. This was faster than the Real Estate Services industry average of 6.29%.
Last year, CSGP revenue was $2.32B. Over the past 5 year, CSGP's revenue has grown by 16.7% per year. This was slower than the Real Estate Services industry average of 25.11%.
Find out more about CSGP's earnings and revenue performance here.
Latest Insiders Trades at CSGP
Over the past 12 months, executives and large shareholders at CSGP have sold more shares than they have bought.
Lisa Ruggles, Senior VP Global Research of CSGP, was the latest CSGP insider to sell. They sold $2,785,933.08 worth of CSGP shares on Jun 30, 2023.
Learn more about who owns CSGP stock here.
Can I rely on CSGP as an income stream?
No, Costar Group doesn't provide an income stream by paying out dividends.
CSGP Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your CSGP buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open Trade button and your broker will place your order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your CSGP position
Now that you own some shares in CSGP, you'll want to stay up-to-date on your investment.
Create a watchlist to keep tabs on your CSGP stock.
CSGP Feed
How to Buy Stock in Costar Group
To summarize, here are the 6 steps for buying Costar Group stock:
- Choose where to buy Costar Group stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Costar Group stock
- Execute your CSGP buy order
- Get the latest news on your CSGP position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your new investment in Costar Group, create a watchlist today.
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