Why is ZG Stock Down Today?
AI-generated explanation by Rhea-AI, written on at . How Rhea-AI works. Not financial advice.
What Changed
Price Move History
- Daily moves over 5%
- 26 252 sessions, November 7, 2025 to November 9, 2026
- Largest daily move
- -17.1% close of February 11, 2026
- 1-year change
- -55.8% closing prices, November 7, 2025 to November 9, 2026
- 1-month change
- +4.7% closing prices, October 9, 2026 to November 9, 2026
Company Description
Zillow Group, Inc. (NASDAQ: Z, ZG) is an Internet-based real estate company focused on making it easier for people to buy, sell, rent and finance homes. According to the company, Zillow Group is "reimagining real estate to make home a reality for more and more people" and operates what it describes as the most visited real estate app and website in the United States. Its platforms connect shoppers with digital tools, real estate professionals and services that support home search, transactions and housing finance.
Business focus and real estate marketplace
Zillow Group describes its core experience as helping people "find and get the home they want" by pairing digital solutions with dedicated real estate professionals. Across its brands, the company enables users to search for homes, explore neighborhoods and connect with agents, lenders and property managers. Zillow Group offers customers an on‑demand experience for selling, buying, renting or financing homes with an emphasis on transparency and ease, and works with real estate agents, brokers, builders, property managers and landlords.
The company’s brands and affiliates include Zillow, Zillow Premier Agent, Zillow Home Loans, Zillow Rentals, Trulia, Out East, StreetEasy, HotPads, ShowingTime+, Spruce and Follow Up Boss, as disclosed in multiple company news releases. These brands span consumer search portals, rental marketplaces, agent advertising and software, mortgage lending and showing and listing tools.
Digital tools, data and housing insights
In its press releases, Zillow Group regularly publishes market reports and analyses that draw on its housing data. Examples include forecasts of housing affordability in major U.S. metropolitan areas, rankings of the "hottest" housing markets, and summaries of how mortgage rates, incomes and home values affect typical mortgage payments. The company also produces the Zillow Zeitgeist, an annual review of how Americans search for homes on its platforms, highlighting search terms, amenities and lifestyle features that resonate with shoppers.
These reports illustrate how Zillow Group uses its data to analyze trends such as affordability, inventory, rent growth, home value changes and search behavior. The company’s releases describe metrics like the Zillow Home Value Index (ZHVI), the share of income needed for a typical mortgage payment and measures of competition such as price cuts and days to pending. This analytical work positions Zillow Group as a source of housing market insights in addition to being a consumer-facing marketplace.
Brands and services highlighted by the company
Across its disclosures, Zillow Group emphasizes several key offerings and brands:
- Zillow and Trulia – consumer real estate search sites and apps where people browse for-sale and for-rent homes and explore market conditions.
- Zillow Rentals – rental-focused experiences that help renters find properties and understand local rental markets.
- Zillow Premier Agent – a program and brand that connects home shoppers and sellers with real estate agents, referenced in the company’s descriptions of how buyers and sellers choose agents.
- Zillow Home Loans – a mortgage lending affiliate. Company releases note that Zillow Home Loans offers tools such as the BuyAbility tool, which tracks mortgage rates and helps shoppers see which homes fit a set monthly budget.
- ShowingTime+ – a brand mentioned among Zillow Group’s affiliates, associated with tools that support listing presentation and showings.
- Spruce and Follow Up Boss – additional brands listed as part of the Zillow Group family, reflecting its broader ecosystem around real estate transactions and customer relationship management.
Role in the housing ecosystem
According to its own statements, Zillow Group aims to connect consumers with both technology and people. Its news releases describe how shoppers can use Zillow to:
- Access down payment assistance information shown alongside listings.
- View climate and natural hazard risk information, such as wildfire risk data available through a climate risk module on for-sale listings.
- Use digital touring tools and virtual experiences to evaluate homes.
- Explore affordability tools that relate mortgage rates, home prices and income to monthly payments.
At the same time, the company highlights the role of real estate agents and lenders, noting that many buyers and sellers choose agents and mortgage providers after researching them online, and that repeat buyers often seek efficient processes and clear strategies from their agents.
Capital markets and corporate actions
Zillow Group’s Class A and Class C capital stock trade on Nasdaq under the symbols Z and ZG, as stated in its news releases. An 8‑K filing dated August 25, 2025 discloses that the company agreed to unwind and terminate certain capped call transactions originally entered into in connection with its previously outstanding 1.375% Convertible Senior Notes due 2026. The filing states that, upon settlement of these unwind transactions, Zillow Group expects to receive an aggregate of 3.1 million shares of its Class C capital stock and a cash amount, and that this will reduce the company’s Class C capital stock outstanding.
Another 8‑K filing dated August 6, 2025 notes that Zillow Group issued a press release, supporting tables and a shareholder letter announcing financial results for the fiscal quarter ended June 30, 2025. Those materials were furnished as exhibits to the filing. These disclosures show that Zillow Group provides periodic updates on its financial condition and capital structure through SEC filings and investor communications.
Industry classification
For industry classification purposes, Zillow Group is categorized under All Other Business Support Services within the Administrative and Support and Waste Management and Remediation Services sector. In practice, the company describes itself as an Internet-based real estate business that operates digital platforms, data-driven tools and affiliated services to support housing transactions and housing finance.
Stock Performance
Zillow Group (ZG) closed at $31.28 on November 9, 2026. Over the past 12 months, the price has lost 55.8%.
ZG Metrics & Rankings
Price returns through November 9, 2026. Month and year figures include the first trading day. Ranking links may use different dates.
Latest News
Zillow Group has 10 recent news articles, with the latest published today. Of the recent coverage, 2 articles coincided with positive price movement and 6 with negative movement. Key topics include earnings, AI, earnings date. View all ZG news →
SEC Filings
Zillow Group has filed 10 recent SEC filings, including 3 Form 4, 3 Form 8-K, 2 Form 144, 1 Form 3. The most recent filing was submitted on . SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all ZG SEC filings →
Insider Radar
Insider selling at Zillow Group over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Zillow Group generated $2.6B in revenue in FY2025, retaining a 74.1% gross margin, operating income reached -$34.0M (-1.3% operating margin), and net income was $23.0M, reflecting a 0.9% net profit margin. Diluted earnings per share stood at $0.09. The company generated $368.0M in operating cash flow. The current ratio was 3.13, measuring current assets divided by current liabilities.
Upcoming Events
Short Interest History
Short interest in Zillow Group (ZG) currently stands at 4.4 million shares, up 11.6% from the previous reporting period, representing 10.6% of this share class. Since November 2025, short interest has increased by 217.1%.
Days to Cover History
Days to cover for Zillow Group (ZG) currently stands at 3.9 days, up 14% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since November 2025, the figure has increased by 110.8%. Across the settlements charted above, it has ranged from 1.1 to 5.4 days.
ZG Company Profile & Sector Positioning
Zillow Group (ZG) operates in the Internet Content & Information industry within the broader Communication Services sector and is listed on the NASDAQ.
Investors comparing ZG often look at related companies in the same sector, including Bilibili Inc. (BILI), Kanzhun Limited (BZ), Match Group, Inc (MTCH), Snap Inc. (SNAP), and CarGurus, Inc. (CARG). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ZG's relative position within its industry.
Zillow Group’s 2027 Home Trends Report highlights changing features in home listings, but its figures measure listing mentions rather than home sales.