Earnings Look Back: CoStar Group Is Down 9.1% Since Reporting Quarterly Results 2 Weeks Ago (CSGP)
Comtex SmarTrend(R) - Mon May 12, 11:40AM CDT
When CoStar Group (NASDAQ:CSGP) reported earnings 19 days ago on April 23rd, 2014, analysts, on average, expected the company to report earnings of $0.64 on sales of $117.4 million. CoStar Group actually reported earnings of $0.69 per share on sales of $119.1 million, beating EPS estimates by $0.05 and beating revenue estimates by $1.6 million. Since the company's report, shares of CoStar Group have fallen from $173.69 to $157.89, representing a loss of 9.1% in the past 19 days.
Apartments.com Launches Field Research Blitz in Washington, DC May 6-16, 2014; Field Research Teams to Shoot Walk-Through Videos for Over 500 Communities
PR Newswire - Tue May 06, 2:50PM CDT
Apartment community owners and property managers in Washington, DC will be the first to benefit from CoStar Group, Inc.'s (NASDAQ: CSGP) recent acquisition of Apartments.com. Washington, DC-based CoStar is welcoming Apartments.com customers with a field research blitz aimed at producing high quality walk-through videos of over 500 apartment communities in its home market over the next two weeks.
Dividends, Quarterly Financial Results, New Offices, and Stock Movements - Analyst Notes on T. Rowe Price Group, CoStar Group, Aflac, Equifax and Fidelity National Financial
PR Newswire - Mon May 05, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding T. Rowe Price Group, Inc. (NASDAQ: TROW), CoStar Group Inc. (NASDAQ: CSGP), AFLAC Inc. (NYSE: AFL), Equifax Inc. (NYSE: EFX) and Fidelity National Financial, Inc. (NYSE: FNF). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1740-100free.
Quarterly Earnings Releases, Pricing of Offerings, and Dividend Announcements - Analyst Notes on State Street, Progressive, Fifth Third, T. Rowe Price and CoStar
PR Newswire - Tue Apr 29, 8:29AM CDT
Today, Analysts Review released its analysts' notes regarding State Street Corporation (NYSE: STT), The Progressive Corporation (NYSE: PGR), Fifth Third Bancorp (NASDAQ: FITB), T. Rowe Price Group Inc. (NASDAQ: TROW) and CoStar Group Inc. (NASDAQ: CSGP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1757-100free.
CoStar Grows Year-Over-Year Revenue 15% and EBITDA 255%; Raises 2014 Revenue and Earnings Guidance
GlobeNewswire - Wed Apr 23, 3:15PM CDT
CoStar Group, Inc. (Nasdaq:CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that revenue for the first quarter of 2014 was $119.1 million, an increase of approximately 15% over revenue of $104.0 million for the first quarter of 2013.
How To Avoid The Ten Biggest Mistakes In Commercial Real Estate
PRWeb - Wed Apr 23, 3:18AM CDT
Experts from seven diverse fields of commercial real estate have joined forces to form Commercial Professional Resources (CPR) of Michigan and offer educational panel discussions that help individuals and businesses facilitate commercial real estate transactions. These fields include title, consulting, engineering and survey, appraisal, architecture, environmental, and accounting.
3 Stocks Rising on Unusual Volume
at The Street - Tue Apr 22, 6:42AM CDT
Unusual volume can signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.
After Yesterday's Rally of 3.85% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Apr 21, 5:43PM CDT
CoStar Group (NASDAQ:CSGP) traded in a range yesterday that spanned from a low of $165.39 to a high of $173.91. Yesterday, the shares gained 3.8%, which took the trading range above the 3-day high of $167.80 on volume of 393,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Upgrade Alert for CoStar Group (CSGP)
Comtex SmarTrend(R) - Mon Apr 21, 7:01AM CDT
CoStar Group (NASDAQ:CSGP) was upgraded from Neutral to Buy at B. Riley today. The stock closed yesterday at $165.60 on volume of 347,000 shares, above average daily volume of 222,000. Over the past year, CoStar Group has traded in a range of $104.65 to $218.17 and closed yesterday at $165.60, 58% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has risen 0.3%.
Latest CoStar Commercial Repeat Sale Analysis: Price Momentum for Commercial Real Estate Continued to Build in February
GlobeNewswire - Wed Apr 16, 2:20PM CDT
This month's CoStar Commercial Repeat Sale Indices (CCRSI) provide the market's first look at February 2014 commercial real estate pricing. Based on 1,028 repeat sales in February 2014 and more than 125,000 repeat sales since 1996, the CCRSI offers the broadest measure of commercial real estate repeat sales activity.
Shares of CSGP Down 15.8% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Apr 11, 9:41AM CDT
SmarTrend identified a Downtrend for CoStar Group (NASDAQ:CSGP) on March 27th, 2014 at $191.31. In approximately 2 weeks, CoStar Group has returned 15.75% as of today's recent price of $161.17.
Global Real Estate Software Market 2014-2018 with Accruent, Argus Financial Software, MRI Software, RealPage, and Yardi Systems Dominating
M2 - Thu Apr 03, 9:05AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mgmq37/global_real) has announced the addition of the "Global Real Estate Software Market 2014-2018 with Accruent, Argus Financial Software, MRI Software, RealPage, and Yardi Systems Dominating" report to their offering. The demand for real estate software is growing in the corporations in order to reduce the overall cost of real estate and also to perform better property site searches. Geography is one of the most important factors for any property site search, whether it is an office space, where the commute times of the executives have to be considered, or the location of a R&D facility, or the location of a warehouse that needs quick access to a highway. The corporate real estate end-user segment is highly fragmented in terms of its requirements and requires specific solutions for each requirement. In addition, creating appealing workspaces with ergonomic design is a top priority for leading real estate corporations. Real estate vendors provide IWMS to corporations in order to effectively manage key metrics, such as total square footage and vacancy status for workspace creation. One of the major drivers is the easy access to real estate data. Due to the presence of a large amount of data, enterprises need software to automatically track the performance and behavior of the information stored in their IT systems. They require the software to manage online sales and purchases of properties and thus improve their overall operational efficiency. Further, the report states that one of the major challenges in this market is the issue pertaining to data security and piracy. Enterprises are very skeptical about sharing their confidential data since most of the real estate data deals with financial planning, budgeting, and contract management. In addition, most of the providers in this space are SaaS/web-based solution providers. In a SaaS-based model, there is always the risk of information leakage, which could result in unauthorized access and misuse of organizational data. The key vendors dominating this market space are: - Accruent Inc. - Argus Financial Software - MRI Software LLC - RealPage, Inc. - Yardi Systems Inc. Other vendors mentioned in the report are: - AMSI Property Management - CoStar Group - Fiserv Inc. - IBM Tririga - Oracle Corp - Trulia - Zillow. Key questions answered in this report: - What will the market size be in 2018 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors? For more information visit http://www.researchandmarkets.com/research/mg...lobal_real
SuiteSearch, Inc. Re-Launches Online Marketing Platform for Commercial Real Estate Professionals to Market Small, Flexible Space to Small Businesses and Entrepreneurs
PRWeb - Tue Apr 01, 6:32PM CDT
Three years to the date, SuiteSearch North America, Inc. has re-launched its website focused on helping small businesses and entrepreneurs find their perfect office space. With new branding, a new strategy and new additions to management, SuiteSearch is focusing on expanding into new markets and product types. Since its launch in April 2011, SuiteSearch has had to endure a barrage of new competition in the marketplace. With the acquisition of LoopNet, Inc. by publicly traded CoStar Group, Inc. in early 2012, there have been a large number of new entrants to the market. SuiteSearch.com began with some of the largest names in Orange County commercial real estate as clients in 2011 but had to reinvent itself to stand out from new, well capitalized competitors.
McClatchy Receives Cash Distribution From Classified Ventures' Sale Of Apartments.com
PR Newswire - Tue Apr 01, 4:29PM CDT
The McClatchy Company (NYSE-MNI) said today that it received a $147 million cash distribution from Classified Ventures, LLC (CV) as a result of its previously announced sale of Apartments.com to CoStar Group for $585 million.
CoStar Group Files Multi State Lawsuits With Multiple Defendants Alleging Thousands of Instances of Copyright Infringement
GlobeNewswire - Tue Apr 01, 3:45PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) this week is filing a series of lawsuits against 8 real estate firms and individuals as part of a coordinated anti-piracy campaign aimed at ending theft of CoStar services.
CoStar Group Closes Its Acquisition of Apartments.com
GlobeNewswire - Tue Apr 01, 3:00PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) announced today that it has completed the acquisition of Apartments.com previously announced on March 3, 2014, creating the combined online information and marketplace leader in commercial real estate's $2 trillion multifamily asset class. CoStar is commercial real estate's leading provider of information, analytics and marketplaces and Apartments.com is a leading apartment rental marketplace.
CoStar Group Announces Winners of 2013 CoStar Power Broker Awards
GlobeNewswire - Mon Mar 24, 1:00PM CDT
CoStar Group, Inc. (Nasdaq:CSGP), the leading provider of commercial real estate information, analytics and marketplaces, is pleased to announce the winners of the 2013 CoStar Power Broker(TM) Awards, recognizing the best of the best in commercial real estate brokerage.
CoStar Group Has Returned 14.1% Since SmarTrend Recommendation (CSGP)
Comtex SmarTrend(R) - Thu Mar 20, 11:20AM CDT
SmarTrend identified an Uptrend for CoStar Group (NASDAQ:CSGP) on February 14th, 2014 at $180.95. In approximately 1 month, CoStar Group has returned 14.08% as of today's recent price of $206.43.
Insider Trading Alert - AIRM, ICE And CSGP Traded By Insiders
at The Street - Wed Mar 19, 10:30AM CDT
Stocks with insider trader activity include AIRM, ICE and CSGP