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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 $73.94, up 1.19% from the previous day, and has decreased 15.57% in one year. It has underperformed other stocks in the Real Estate Services industry by 0.17 percentage points. Costar Group stock is currently +9.78% from its 52-week low of $67.35, and -26.34% from its 52-week high of $100.38.

At the moment, there are 408.34M CSGP shares outstanding. The market capitalization of CSGP is $30.19B. In the last 24 hours, 6.84M CSGP shares were traded.

How to Buy Costar Group Stock

Wondering how to invest in Costar Group stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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

CSGP Price
$73.94
1w %
0.01%
1y %
-15.57%
5y %
31.91%
P/E
102.69x
P/B
4.11x
P/S
11.87x
PEG
4.67x
Revenue
$2.53B
Earnings
$294.27M
Fore. Rev. Growth
15.99%
Fore. Earn. Growth
24.44%
Market Cap
$30.19B
Next Earnings
Jul 23, 2024
Next Dividend
N/A

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 102.69x, relative to Real Estate Services industry P/E ratio of 54.77x
  • CSGP may be overvalued based on its P/B ratio of 4.11x, relative to Real Estate Services industry P/B ratio of 2.45x
  • CSGP could be overvalued based on its PEG ratio of 4.67x

You can do additional valuation research on CSGP's stock here.

A quick look at CSGP Financials

Positive Financial Indicators:

  • CSGP's operating cash flow of $505.88M allows it to safely service it's debt of $1.11B.
  • CSGP earnings of $226.40M is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the CSGP balance sheet.
  • CSGP has a low debt to equity ratio of 0.23.
  • There are more short-term assets than short-term liabilities on the CSGP balance sheet.

Negative Financial Indicators:

  • Total CSGP debt is higher than 5 years ago, relative to shareholder equity.
  • CSGP profit margin has gone down from 16.3% to 11.6% in the past year.

Is it a good time to buy Costar Group stock, according to Wall Street analysts?

Out of 10 sell side analysts who give recommendations on CSGP, the consensus analyst rating on Costar Group is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Latest CSGP Analyst Recommendations

Stephanie Moore, a top 30% analyst from Jefferies maintains CSGP with a hold rating and raises their CSGP price target from $85.00 to $95.00, on Apr 12, 2024.

Ryan Tomasello, a bottom 10% analyst from Keefe, Bruyette & Woods maintains CSGP with a buy rating and raises their CSGP price target from $96.00 to $109.00, on Apr 10, 2024.

George Tong, a top 30% analyst from Goldman Sachs maintains CSGP with a strong buy rating and raises their CSGP price target from $96.00 to $107.00, on Mar 21, 2024.

Jeffrey Meuler, a top 15% analyst from Baird maintains CSGP with a buy rating and raises their CSGP price target from $90.00 to $105.00, on Mar 18, 2024.

Heather Balsky, a bottom 8% analyst from Bank of America maintains CSGP with a strong buy rating and raises their CSGP price target from $97.00 to $111.00, on Mar 18, 2024.

You can dive deeper into what analysts are saying on the Costar Group stock forecast page.

CSGP Trading Indicators

SMA10
74.91
SMA20
77.65
SMA50
84.43
SMA100
86.41
SMA200
83.78
MACD
-3.48
MACD Signal
-3.37
MACD Histogram
-0.11
RSI
28.61
Stochastic %K
16.73
Stochastic %D
11.66
StochRSI %K
32.5
StochRSI %D
14.05

CSGP Earnings

Last year, CSGP earnings were $294.27M. In the past five year, CSGP's earnings have increased by -0.84% per year. This was faster than the Real Estate Services industry average of -13.21%.

Last year, CSGP revenue was $2.53B. Over the past 5 year, CSGP's revenue has grown by 15.18% per year. This was faster than the Real Estate Services industry average of 2.38%.

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 Operations of CSGP, was the latest CSGP insider to sell. They sold $859.87 worth of CSGP shares on Jun 1, 2024.

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.

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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.

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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:

  1. Choose where to buy Costar Group stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Research Costar Group stock
  5. Execute your CSGP buy order
  6. Get the latest news on your CSGP position

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your new investment in Costar Group, create a watchlist today.

NASDAQ: CSGP
$73.94+0.87 (+1.19%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: CSGP
$73.94+0.87 (+1.19%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Costar Group share?

As of Jun 21, 2024, it costs $73.94 to buy one share of Costar Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.135 shares of CSGP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Costar Group stock?

According to 10 Wall Street analysts who monitor Costar Group, their consensus recommendation is to buy Costar Group stock.

What is the best way to buy Costar Group stock?

One way to place an order for Costar Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.