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MarketScreener Homepage  >  Equities  >  Nasdaq  >  CoStar Group, Inc.    CSGP


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CoStar : Donates 100,000 Meals Benefiting Food-Insecure Washington D.C. Residents

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09/06/2019 | 10:02am EDT

CoStar Employees to Pack Meals on National Day of Service and Remembrance

In honor of the National Day of Service and Remembrance, CoStar Group employees are participating in a meal packing event Sept. 11, 2019, from 1 p.m. to 5 p.m. at CoStar Group’s main headquarters in Washington DC. CoStar Group employees will package and donate 100,000 meals to local organizations supporting low-income and food-insecure residents.

“CoStar Group employees are dedicated to helping improve, sustain and brighten the communities in which we live and work,” said Andrew Florance, CEO and Founder of CoStar Group. “We are humbled that nearly 500 of our local employees immediately stepped up to help our neighbors in need.”

According to Bread for the City, 324,000 D.C. households currently don’t have access to the food necessary to lead a healthy life. Through this event facilitated by Feeding Children Everywhere, CoStar Group is providing low-income residents access to nutritious, flavorful meals of red lentil jambalaya. The meals will be distributed to Bread for the City, So Others Might Eat (SOME), and New Beginning Temporary Shelter, who all work to fight poverty and hunger in the local area.

“On behalf of the Bread for the City community, we are beyond grateful to be named a beneficiary of this incredible gift from CoStar Group,” said George Jones, CEO of Bread for the City. “With CoStar’s donation, we will be able to make a greater impact on the health and wellness of thousands of DC families throughout the year because of their service. It has been an honor to partner with CoStar over the past 8 years, and we look forward to continuing this great work with their team.”

This philanthropic effort is part of the CoStar Builds program, through which employees volunteer hundreds of hours each year to enhance and sustain the communities in which they live and work.

For more information about how CoStar Group makes a difference and brings value to the communities we serve, please visit www.costargroup.com/corporate-responsibility.

About CoStar Group, Inc.

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 5.8 million monthly unique visitors. Realla is the UK’s most comprehensive commercial property digital marketplace. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.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’s websites attracted an average of over 52 million unique monthly visitors in aggregate in the second quarter of 2019. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe and Canada with a staff of over 3,900 worldwide, including the industry’s largest professional research organization. For more information, visit www.costargroup.com.

© Business Wire 2019

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Financials (USD)
Sales 2020 1 625 M - -
Net income 2020 246 M - -
Net cash 2020 2 387 M - -
P/E ratio 2020 128x
Yield 2020 -
Capitalization 32 497 M 32 497 M -
EV / Sales 2020 18,5x
EV / Sales 2021 15,8x
Nbr of Employees 4 337
Free-Float 98,8%
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Technical analysis trends COSTAR GROUP, INC.
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Income Statement Evolution
Mean consensus BUY
Number of Analysts 14
Average target price 873,92 $
Last Close Price 825,49 $
Spread / Highest target 21,1%
Spread / Average Target 5,87%
Spread / Lowest Target -22,7%
EPS Revisions
Andrew C. Florance President, Chief Executive Officer & Director
Michael R. Klein Chairman
Scott T. Wheeler Chief Financial Officer
Frank A. Simuro Chief Technology Officer
Jason Butler Chief Information Officer
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