Welcome to our dedicated page for CoStar Group news (Ticker: $CSGP), a resource for investors and traders seeking the latest updates and insights on CoStar Group stock.
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.
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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.
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0.3%
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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.
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-4.4%
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CoStar Group announces proposal to acquire OnTheMarket for £1.10 per share in cash or approximately £100 million.
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-4.79%
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CoStar Group's CEO, Andy Florance, has been named one of the most powerful people in commercial real estate proptech for the second consecutive year.
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-2.23%
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CoStar Group accepting nominations for the third annual CoStar Impact Awards
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-2.06%
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Apartments.com publishes report on multifamily rent growth trends for Q3 2023
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1.45%
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CoStar Group, Inc. will announce Q3 2023 financial results on October 24, 2023. Conference call to discuss results and outlook at 5:00 PM EDT. Webcast available on company website.
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-1.07%
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Homes.com achieves major milestone with over 100 million unique visitors, surpassing competitors Redfin and Realtor.com. CoStar Group's network of real estate portals brings in 160 million unique visitors in September, more than Realtor.com and Redfin combined. Homes.com's growth is built on its unique business model and user-friendly experience. Breaking through 100 million unique monthly visitors mark is significant in the industry. Homes.com provides a strong alternative for lead generation without usurious commission splits.
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-1.07%
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CoStar Group CEO Andy Florance named CEO of the Year at the Globee Awards for Leadership. CoStar Group continues to experience growth in earnings and website traffic. Q2 2023 revenue increased 13% YoY and net new bookings reached $82 million. In August 2023, CoStar Group saw over 110 million monthly unique visitors across its online marketplaces and websites.
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0.07%
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CoStar Group's CEO, Andy Florance, was honored as one of Washingtonian's 2023 Tech Titans for his contributions to the region's technology sector. The company has seen consistent revenue growth quarter-over-quarter in 2022 and 2023, with net new bookings reaching $82 million in Q2 2023. Traffic to all of CoStar Group's websites reached a new high of 105 million unique visitors in June 2023.
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0.76%
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CoStar Group Inc
Nasdaq:CSGP
CSGP Rankings
CSGP Stock Data
36.65B
403.06M
1.19%
100.78%
2.13%
All Other Support Services
Administrative and Support and Waste Management and Remediation Services
United States of America
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