CoStar traded at $33.40 this Wednesday June 3rd, decreasing $0.26 or 0.77 percent since the previous trading session. Looking back, over the last four weeks, CoStar lost 5.60 percent. Over the last 12 months, its price fell by 56.66 percent. Looking ahead, we forecast CoStar to be priced at 31.56 by the end of this quarter and at 29.71 in one year, according to Trading Economics global macro models projections and analysts expectations.
CoStar Group, Inc. (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate industry in the United States (U.S.) and United Kingdom (U.K.). The Company provides online marketplaces for commercial real estate, apartment rentals, lands for sale and businesses for sale. The Company manages its business geographically in two segments: North America, which includes the United States and Canada, and International, which includes the Europe, Asia-Pacific and Latin America. Its suite of information, analytics and online marketplaces is branded and marketed to its customers. Its services are primarily derived from a database of building-specific information and offer customers specialized tools for accessing, analyzing and using its information. The Company’s brands include CoStar, LoopNet, STR, Ten-X, BizBuySell, LandsofAmericaTM, and HomeSnap.