CSGP Chart

1 Month

	Date	Diff
	2023-12-04	-0.06 %
The article reports that shareholders of OnTheMarket PLC voted in favor of its takeover by CoStar UK Ltd, a subsidiary of CoStar Group Inc. As a result, the stock price of the Costar Group (CSGP) went down by 0.06%. Unfortunately, the article does not provide any further explanation for the stock's decline.
	2023-11-29	+0.41 %
The article discusses the CoStar Commercial Repeat Sale Indices (CCRSI) and how it provides insights into commercial real estate pricing trends. It does not directly mention why the Costar Group (CSGP) stock went up by 0.41% last night.
	2023-11-24	+1.11 %
The article discusses the recommendation for the acquisition of OnTheMarket by CoStar UK, a subsidiary of CoStar Group. The stock of CoStar Group went up by 1.11% last night, and the reason for the increase is not explicitly mentioned in the article.
	2023-11-20	+0.33 %
CoStar Group (CSGP) stock went up because the company held a community giving event where they provided over 1,000 turkeys and food boxes to families in the Richmond area.
	2023-11-15	-0.58 %
CoStar Group (CSGP) stock went down by 0.58% due to the announcement of Sandra Roumi as the first France General Manager, which signals the company's expansion efforts in France.
	2023-11-13	-1.41 %
The article states that the Costar Group (CSGP) stock went down by 1.41% last night due to a decrease in hotel stocks in October, which was influenced by elevated interest rates and a shift in calendar composition affecting hotel demand. CoStar Group (CSGP) stock went down by 1.41% due to a slowdown in the real estate industry, despite the company experiencing growth in earnings and website traffic.
	2023-10-30	+0.3 %
The article talks about CoStar Group's participation in the ArborDayRVA festivities, where volunteers from the company planted 50 trees in Canoe Run Park as part of their investment in the Richmond community. The stock of CoStar Group (CSGP) went up due to their ongoing investment in sustainability and community involvement.
	2023-10-25	-4.4 %
The Costar Group (CSGP) stock was down 4.4% last night due to the company trimming its annual revenue outlook. The home-builder sector experienced a selloff due to rising Treasury yields, causing concerns about housing affordability, despite data showing strong new-home sales. Costar Group's stock went down as a result. Shares of CoStar Group Inc. (CSGP) plummeted 7.7% to a six-month low after the company reported lower-than-expected third-quarter revenue and reduced its full-year outlook, citing challenging conditions in the property market. The stock decline was attributed to rising prices and mortgage rates, which have led to decreased affordability for buyers. CoStar Group (CSGP) stock went down by 4.4% after the company lowered its full-year revenue guidance due to high mortgage rates and tight housing supply impacting home buying demand.
	2023-10-24	+1.26 %
The article discusses the financial results of CoStar Group, Inc. (CSGP), a provider of online real estate marketplaces, information, and analytics. The company reported strong revenue growth of 12% in the third quarter of 2023 compared to the same quarter last year and net income increased by 25%. The CEO attributed the growth to the company's commercial information and marketplace businesses, which have shown resilience in a turbulent market, and highlighted the success of the company's investment in Homes.com, which has seen a significant increase in unique visitors. The company also announced plans to acquire OnTheMarket, a residential property portal in the United Kingdom, to expand its market share. The stock went up 1.26% last night due to the positive financial results and growth prospects. The article states that CoStar Group's stock went up by 1.26% last night, but it does not provide an explanation for this increase.
	2023-10-19	-4.79 %
The stock of CoStar Group (CSGP) went down by 4.79% last night, possibly due to the announcement of its proposal to acquire OnTheMarket, the third most visited residential property portal in the UK, for £1.10 per share in cash or approximately £100 million. The stock of Costar Group (CSGP) went down by -4.79% last night, and the article explains that this may be due to the company's agreement to acquire OnTheMarket PLC, resulting in a swing to a loss in the first half of its financial year. The article states that the stock of CoStar Group (CSGP) went down by 4.79% last night. The reason for the decline is not mentioned in the article. Summary: CoStar Group Inc. (CSGP) stock went down 4.79% last night as their UK subsidiary offered to take over property portal OnTheMarket PLC for 110p per share, valuing the firm at approximately GBP99 million, resulting in a potential rival to Rightmove PLC and causing shares of Rightmove to drop 12% in morning trade. Reason for CSGP stock going down: The stock went down due to the news of their UK subsidiary's offer to take over OnTheMarket PLC.
	2023-10-13	+0.15 %
The article discusses how activist hedge fund Starboard Value has purchased shares of News Corp, which could lead to potential changes in Rupert Murdoch's media empire, but it doesn't explain why Costar Group (CSGP) stock specifically went up 0.15% last night.
	2023-10-12	-2.06 %
The article announces the acceptance of nominations for the third annual CoStar Impact Awards, which recognize influential commercial real estate projects and transactions across the US, Canada, and the UK; the reason for the drop in CoStar Group (CSGP) stock is not mentioned in the article.
	2023-10-09	+1.15 %
The article reports that the Baird/STR Hotel Stock Index dropped 2.0% in September, but the Costar Group (CSGP) stock went up by 1.15%, potentially benefiting from slow but stable revenue per available room (RevPAR) growth and increased business travel.
	2023-10-06	+1.45 %
CoStar Group (CSGP) stock went up last night by 1.45% following the release of an in-depth report by Apartments.com, which highlighted imbalances between supply and demand in the multifamily rental market, particularly in the Sun Belt markets, causing national vacancy rates to increase and indicating that the market could be approaching stabilization.
	2023-10-03	-1.07 %
The CoStar Group (CSGP) stock went down by -1.07% last night, and the article provides information about the company's upcoming announcement of its financial results for the third quarter of 2023 along with a conference call discussing the results and the company's outlook. The reason for the stock's decline is not provided in the article.
	2023-10-02	-1.2 %
The article highlights that Homes.com, which is owned and operated by CoStar Group (CSGP), has surpassed 100 million unique monthly visitors, positioning it as one of the top real estate portals in the US, which may have contributed to a decline in the stock price of CoStar Group.
	2023-09-26	-2.33 %
The article announces that Andy Florance, the CEO of CoStar Group (NASDAQ: CSGP), has been named a Gold Globee winner for CEO of the Year at the 11th Annual Globee Awards for Leadership, but does not provide any information on why the company's stock went down.
	2023-09-21	-3.57 %
The article discusses the performance of various stocks and analyst ratings. The costar group (CSGP) stock went down -3.57% last night due to factors such as the ongoing UAW strike, potential consumer headwinds, and seasonality.
	2023-09-14	-0.47 %
The stock of CoStar Group (CSGP) went down by 0.47% last night, likely due to weak second quarter earnings reports and reduced full-year guidance expectations from Hotel REITs.
	2023-09-13	-0.88 %
The article discusses an interview with billionaire investor Ron Baron, who reveals information about Tesla's future plans and potential profits, but does not mention why the Costar Group (CSGP) stock went down.
	2023-09-07	+0.76 %
The article highlights that Andy Florance, the CEO of CoStar Group, was honored as one of Washingtonian's 2023 Tech Titans. CoStar Group, a leading provider of online real estate marketplaces and information, has seen consistent revenue growth and increased web traffic. The stock may have gone up due to the recognition of Florance's contributions to the technology sector and the company's positive performance.
	2023-09-06	-0.11 %
The article discusses how the implementation of a comprehensive housing plan in Minneapolis has been halted due to an environmental lawsuit, highlighting the impact of adversarial legalism on housing prices and the environment. It also challenges the myth that upzoning leads to luxury housing and higher rents, citing empirical evidence that increased housing supply actually slows rent growth. The article concludes by noting that the deceleration in rental prices can be attributed to developers building more housing units in response to higher demand.
	2023-09-01	+0.71 %
The article is not about the Costar Group (CSGP) stock. It discusses the increase in travel bookings for the upcoming Labor Day weekend, with more than 20 million passengers expected to fly out of U.S. airports and a boom in international travel. The increase in travel demand is attributed to factors such as flexible work arrangements, the end of coronavirus testing mandates, and a strong U.S. dollar. The article does not mention why the Costar Group stock went up by 0.71%.
	2023-08-24	-0.95 %
The article discusses CoStar Group (CSGP) stock and its recent decline of -0.95%. The reason for this decline is not specified in the article.
	2023-08-23	+1.57 %
The article states that the stock of CoStar Group (CSGP) went up by 1.57% last night, and the reason for the increase is attributed to increased revenue, strong free cash flow, and increased guidance for the year by TransDigm Group Incorporated, one of the material contributors to CoStar Group's performance. CoStar Group (CSGP) stock went up due to positive performance, good financial results, and expected long-term earnings growth and margin expansion, according to Vulcan Value Partners. The article discusses Vulcan Value Partners' second-quarter investor letter, which highlighted stocks like Microsoft Corporation (NASDAQ: MSFT) as a significant contributor to performance. Microsoft's strong execution, focus on digital cloud growth, and competitive strengths were cited as reasons for its positive performance. The article discusses the performance of technology stocks and mentions that the stock price of CoStar Group (CSGP) went up by 1.57% last night. The reason for the increase in the stock price is not mentioned in the article. The stock of CoStar Group (CSGP) went up by 1.57% last night, and the article attributes this increase to positive comments made by Vulcan Value Partners about the company's performance and long-term assumptions.
	2023-08-18	+0.53 %
The article discusses the recent performance of the NASDAQ index, which has seen a significant increase due to the strong rally in tech and communications stocks, including Apple, Microsoft, Google, Amazon, and NVIDIA; the article also provides information about some of the best performing NASDAQ ETFs, including Invesco BuyBack Achievers ETF, Direxion NASDAQ-100 Equal Weighted Index Shares, and Principal Quality ETF.
	2023-08-15	-1.77 %
Costar Group (CSGP) stock went down by -1.77% last night, but the article does not provide an explanation for the decline.
	2023-08-14	+0.58 %
Renowned investor Ron Baron's firm, Baron Capital, disclosed its portfolio for the second quarter of 2023, with CoStar Group Inc. (CSGP) being one of the top holdings, which may have contributed to the increase in the stock.
	2023-08-11	+0.14 %
The article reports that the stock of CoStar Group (CSGP) went up by 0.14% last night, and the reason for the increase is not mentioned in the article. The Costar Group (CSGP) stock went up because hotels stocks, particularly global hotel brands, performed well in July due to broader stock market momentum, investors' risk-on appetite, international strength, and recovering cross-border travel benefiting the Global Hotel Brands.
	2023-08-10	-0.64 %
The Costar Group (CSGP) stock went down by -0.64% last night. The article provides a valuation of the company using a discounted cash flow (DCF) model, suggesting that the stock might be overvalued. CoStar Group (CSGP) stock went down by 0.64% last night. The reason for this decline is not mentioned in the article.
	2023-08-09	-0.77 %
The article discusses the performance of the Weitz Partners III Opportunity Fund and highlights stocks like Alphabet Inc. in its second quarter investor letter. It mentions that the fund trimmed several of the year's winners on strength, including CoStar Group, Inc. The reason for CoStar Group's stock going down is not explicitly mentioned in the article.
	2023-08-08	+0.4 %
The stock of CoStar Group (CSGP) went up by 0.4% last night, but the reason for the increase is not mentioned in the article. The Weitz Partners III Opportunity Fund, an investment management firm, released its second-quarter 2023 investor letter, stating that they trimmed their holdings in CoStar Group, Inc. (CSGP) among other stocks, and the stock went up by 0.4% last night.
	2023-08-04	+0.61 %
The Costar Group (CSGP) stock went up by 0.61% last night, and the reason for the increase is not mentioned in the article.
	2023-07-28	+1.9 %
The Costar Group (CSGP) stock went up by 1.9% last night, but the article does not provide any specific reasons for this increase.
	2023-07-26	-8.08 %
Shares of CoStar Group (CSGP) fell 8% after the company reported lower-than-expected revenue for the second quarter and provided a softer guidance for the third quarter. Shares of CoStar Group (CSGP) dropped as the commercial real estate site lowered its full-year revenue guidance due to expected lower property transaction volume. The article discusses the performance of the Baron Real Estate Fund in the second quarter of 2023, highlighting stocks like CoStar Group, Inc. (CSGP), which increased 29.3%. The stock of CoStar Group went down -8.08% last night, and the reason for the decrease is not mentioned in the article.
	2023-07-25	+1.35 %
CoStar Group (CSGP) stock went up by 1.35% after the company announced strong second-quarter results, with revenue of $606 million, a 13% increase compared to the same quarter last year, and a net income of $101 million, a 20% increase over the previous year. The company attributed its success to strong revenue growth, particularly in its Apartments.com segment, and increased traffic to its websites.
	2023-07-17	+1.48 %
The article discusses the performance of hotel stocks in June, with the Baird/STR Hotel Stock Index growing 6.2% during the month, and explains that while U.S. hotel room demand fell in the second quarter, overall trends indicate a return to industry normalcy, leading to increased investor confidence in hotel stocks such as CoStar Group (CSGP).
	2023-07-12	+0.24 %
The Costar Group (CSGP) stock went up by 0.24% last night, and the increase may be attributed to the release of an in-depth report by Apartments.com, which revealed that supply continues to outpace demand in the multifamily rental market, with 520,000 new units expected to be delivered by the end of the year.
	2023-07-05	+1.27 %
The article is about CoStar Group, Inc. (NASDAQ: CSGP) announcing its second-quarter financial results and outlook, with a live audio webcast available for investors; however, it does not mention why the stock went up.
	2023-07-03	-1.67 %
The article discusses the use of backtesting and the Apache Iceberg tagging feature for evaluating the performance of index arbitrage profitability strategies in the finance industry, highlighting the benefits of these tools in addressing look-ahead bias and simplifying data management. The experiment findings demonstrate the effectiveness of this approach in evaluating the performance of index arbitrage strategies and can serve as a useful guide for researchers. The article does not mention why the stock of Costar Group (CSGP) went down.
	2023-06-30	-1.24 %
The article discusses how Bed Bath & Beyond's bankruptcy and auction of its leases is benefiting other retailers, such as Burlington Coat Factory, Michaels, Havertys, and Barnes & Noble, who are taking over the vacated locations, leading to a decline in Bed Bath & Beyond's stock; the decline can be attributed to Bed Bath & Beyond's failure to adapt to e-commerce, supply chain issues during the pandemic, and strained relationships with vendors.
	2023-06-28	-0.66 %
The article discusses the performance of CoStar Group, Inc. (CSGP) stock, which declined 0.66% last night. The decline is attributed to management's announcement of a significant increase in investment to grow its residential business. However, the Baron Real Estate Fund remains optimistic about the long-term prospects for CoStar Group, Inc. and acquired additional shares.
	2023-06-23	+0.41 %
Citi analysts raised the stock target on CoStar Group to $105 per share (from $92) as they are incrementally bullish on the company's nearer-term momentum due to factors such as high new apartment completions and CRE vacancy levels.
	2023-06-16	+0.08 %
Costar Group's (CSGP) stock went up 0.08% last night as San Francisco's hotel market faces a decline in tech jobs, slow return of Chinese travelers, reduced downtown traffic as more people work from home, and rising crime and homelessness, but Miami and Austin are seeing notable growth in both supply and revenue, according to hotel analytics firm STR.
	2023-06-15	+1.53 %
Costar Group (CSGP) stock was up 1.53% last night, potentially due to the optimism expressed in Baron Focused Growth Fund's Q1 2023 investor letter about the resilience of companies like Costar Group within the fund's portfolio, despite the company's recent investment in its residential business causing a slight decrease in stock price.
	2023-06-08	+1.62 %
CoStar Group (CSGP) stock went up by 1.62% after being named on Forbes Global 2000 20th Anniversary list, which recognizes the world's largest companies based on their global impact and financial strength.