CoStar Group (CSGP)
NASDAQReal EstateReal Estate - ServicesSnapshot 2026-11-04
$32.58+4.02%
Close 2026-11-04 · 1-day change
NASDAQReal EstateReal Estate - ServicesSnapshot 2026-11-04
QuarterlyIQ Insights · CSGP
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within real estate on a research-validated quality screen. As of 2026-11-04.
The screen ranks CSGP against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated strong grew net income 57% of the time over the next year (vs 53% for the rest of the cohort, n=2781).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 100% of the last 5 guided quarters · 31.7% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
We expect to realize these over the next 12 to 18 months, keeping us on track to achieve our 2028 Adjusted EBITDA target of $1.25 billion.”
Stated in 3 of 4 supplied quarters. Management reported: “We achieved significant additional efficiencies in the quarter, bringing total anticipated cost savings this year to approximately $150 million versus our original guidance.” “Our ongoing deep expense review has identified potential additional savings of at least $200 million that we believe will improve efficiency without sacrificing revenue growth.”
“We expect to realize these over the next 12 to 18 months, keeping us on track to achieve our 2028 Adjusted EBITDA target of $1.25 billion.””
“We accomplished all of this while reducing our projected expense base by roughly $100 million versus our original guidance, giving us a head start on our 2028 and 2030 Adjusted EBITDA targets."”
““We continue to deliver on our goal of significant Adjusted EBITDA expansion in 2026 and beyond.”
We are leveraging AI and our proprietary ground truth data, giving us a unique competitive advantage in providing value to our information clients.
Stated in 3 of 4 supplied quarters. Management reported: “Our acquisition of Zonda and agreement to acquire Vexcel demonstrate our ability to further enhance our proprietary datasets and global scale, which are real differentiators in the world of AI.”” “Building on February's transformative launch of Homes.com Ai, we introduced Apartments.com Ai in June.”
“We are leveraging AI and our proprietary ground truth data, giving us a unique competitive advantage in providing value to our information clients.”
Our acquisition of Zonda and agreement to acquire Vexcel demonstrate our ability to further enhance our proprietary datasets and global scale, which are real differentiators in the world of AI.”
Stated in 1 of 4 supplied quarters. Management reported: “Our acquisition of Zonda and agreement to acquire Vexcel demonstrate our ability to further enhance our proprietary datasets and global scale, which are real differentiators in the world of AI.”” “The acquisition significantly expands CoStar Group's presence across the residential real estate ecosystem, extending the company's proprietary data, analytics, software, and marketplace capabilities into new home construction, one of the largest and most important sectors of the U.S. real estate economy.”
We held operating cost growth to just 2%, and we delivered our 61st consecutive quarter of double-digit revenue growth," said Andy Florance, Founder and Chief Executive Officer of CoStar Group.
Stated in 3 of 4 supplied quarters. Management reported: “We held operating cost growth to just 2%, and we delivered our 61st consecutive quarter of double-digit revenue growth," said Andy Florance, Founder and Chief Executive Officer of CoStar Group.” “We have delivered 60 consecutive quarters of consistent, double-digit revenue growth in a wide range of economic conditions,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group.”
Achieve full-year 2026 revenue growth to a range of $3.715 billion to $3.755 billion, representing approximately 15% year-over-year growth.
Over the trailing year it converted 5.40x of net income into operating cash flow. Historically, Real Estate names rated robust grew net income 63% of the time over the next year (vs 46% for the rest of the cohort, n=2193).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
16 material management or governance events in the past 24 months, led by executive changes. Historically, Real Estate names rated neutral grew net income 56% of the time over the next year (vs 55% for the rest of the cohort, n=3851).
Not investment advice. As of 2026-11-04.
“Building on February's transformative launch of Homes.com Ai, we introduced Apartments.com Ai in June.”
““The heavy lifting of the Homes.com national brand launch is behind us, and the launch of Homes AI — the most sophisticated vertical AI application in real estate — marks the beginning of a new era f…”
“Our acquisition of Zonda and agreement to acquire Vexcel demonstrate our ability to further enhance our proprietary datasets and global scale, which are real differentiators in the world of AI.””
“We held operating cost growth to just 2%, and we delivered our 61st consecutive quarter of double-digit revenue growth," said Andy Florance, Founder and Chief Executive Officer of CoStar Group.”
“We have delivered 60 consecutive quarters of consistent, double-digit revenue growth in a wide range of economic conditions,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group.”
“Year 2024-2025 Quarterly Results - Unaudited (in millions, except per share data) 2024 2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Revenue $656 $678 $693 $709 $732 $781 $834 $900 Net income (loss) $7 $19 $53 $60 $(…”