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Costar Group, Inc. - CSGP STOCK NEWS

Welcome to our dedicated news page for Costar Group (Ticker: CSGP), a resource for investors and traders seeking the latest updates and insights on Costar Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Costar Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Costar Group's position in the market.

News
CoStar Group Founder and CEO Andy Florance Named Inman 2024 Power Player
Rhea-AI Summary
Andy Florance, Founder and CEO of CoStar Group, was honored as one of Inman’s 2024 Power Players, recognizing real estate's most powerful and influential leaders. CoStar Group's growth and investment in residential real estate portals, Homes.com and Apartments.com, led to this recognition. The company's platforms are reorienting the residential market, with over 160 million unique visitors. CoStar Group, part of the S&P 500 Index and NASDAQ 100, is committed to providing powerful real estate portals to serve the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.17%
Tags
none
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News
CoStar Group Founder and CEO Andy Florance Named as Top Ten on SP 200 Real Estate’s Most Powerful and Influential List
Rhea-AI Summary
The Swanepoel Power 200 has named Andy Florance, CEO of CoStar Group, one of the nation’s top 10 influential real estate leaders for 2023. CoStar's residential real estate portal, Homes.com, surpassed Realtor.com and Redfin to become the second most-trafficked real estate portal in the US. CoStar Group, founded in 1987, has over 5,600 employees in 14 countries and is included in the S&P 500 and NASDAQ 100 indexes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
none
-
News
Apartments.com Publishes Multifamily Rent Report for Fourth Quarter of 2023
Rhea-AI Summary
Apartments.com – CoStar Group (CSTG) Releases Q4 2023 Multifamily Rent Trends Report
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
News
CoStar Group Completes Acquisition of OnTheMarket.com With Overwhelming 97% Shareholder Support
Rhea-AI Summary
CoStar Group, Inc. (NASDAQ: CSGP) has completed the acquisition of OnTheMarket plc, a leading UK residential property portal, for approximately £99 million. The acquisition was supported by over 94% of OnTheMarket shareholders, and CoStar Group plans to invest £46.5 million into sales and marketing to drive more consumers to the OnTheMarket portal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
acquisition
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News
CoStar Group Partners With Feed More for Thanksgiving Giveaway and Food Drive
Rhea-AI Summary
CoStar Group (NASDAQ: CSGP) Gives Back to Richmond Community with 1,000 Turkeys and Food Boxes
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
partnership
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News
CoStar Group Expands its Operations in France, Appoints Sandra Roumi as General Manager
Rhea-AI Summary
CoStar Group (NASDAQ: CSGP) appoints Sandra Roumi as its first France General Manager, aiming to lead the Group’s France expansion efforts. Roumi, a seasoned journalist and respected figure in the French real estate industry, brings unparalleled knowledge of the market. CoStar will incorporate expertise and resources from its existing three businesses in France to advance its mission and launch CoStar and LoopNet to the French market. The expansion in France is part of the company’s European growth strategy, with international operations in 15 countries globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
management
News
Andy Florance Named Amongst Inman’s Best of Proptech Award Winners for Entrepreneurs
Rhea-AI Summary
CoStar Group (NASDAQ: CSGP) CEO Andy Florance wins Inman’s Best of Proptech Award for Entrepreneur category. CoStar Group, a leading provider of online marketplaces, information, and analytics in the property markets, has experienced tremendous success under Andy's leadership, reporting 50th straight quarters of double-digit revenue growth and impressive website traffic. In September 2023, CoStar Group’s network of U.S. real estate websites saw over 160 million monthly unique visitors, with Homes.com achieving 100 million unique monthly visitors, solidifying its position as one of the fastest-growing home search sites in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.36%
Tags
none
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News
Apartments.com Publishes October 2023 Multifamily Rent Report
Rhea-AI Summary
Apartments.com - CoStar Group Report Reveals Decline in Multifamily Rents for October 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none
-
News
CoStar Group Sponsored Successful Keep Virginia Beautiful Tree Planting Event
Rhea-AI Summary
CoStar Group partnered with Keep Virginia Beautiful, Capital Trees, and the City of Richmond to plant 50 trees in Canoe Run Park as part of the 'LOVE VA' campaign. The trees will create a shade canopy around the trail, enhancing the park experience. CoStar Group is committed to investing in the Richmond community and has ongoing sustainability initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
News
CoStar Group Third Quarter 2023 Revenue Increased 12% Year-over-Year Marking 50 Straight Quarters of Double-Digit Revenue Growth
Rhea-AI Summary
CoStar Group announces Q3 2023 revenue of $625 million, up 12% YoY, and net income of $91 million, up 25% YoY. Homes.com sees 1,290% YoY growth in unique visitors, becoming the second most heavily trafficked residential network. CoStar Group offers to acquire OnTheMarket, a top UK property portal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
earnings
Stock CSGP logo
Costar Group, Inc.

Nasdaq:CSGP

CSGP Rankings

#346 Ranked by Market Cap
#3010 Ranked by Stock Gains
N/A Ranked by Dividends

CSGP Stock Data

36.90B
403.06M
1.19%
100.78%
2.13%
All Other Support Services
Administrative and Support and Waste Management and Remediation Services
Link
United States
Washington

About CSGP

costar group, inc. (nasdaq: csgp) is the leading provider of commercial real estate information, analytics and online marketplaces. founded in 1987, costar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. loopnet is the most heavily trafficked commercial real estate marketplace online with more than 9.8 million registered members. apartments.com, apartmentfinder.com and apartmenthomeliving.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. costar group operates websites with over 23.6 million unique monthly visitors in aggregate as of june 2015. headquartered in washington, dc, costar maintains off