CoStar Group Surges to Top 304 in Trading Volume with $385 Million Turnover

Generado por agente de IAAinvest Volume Radar
martes, 22 de julio de 2025, 6:52 pm ET1 min de lectura
CSGP--

On July 22, 2025, CoStar GroupCSGP-- (CSGP) saw a significant increase in trading volume, with a turnover of $385 million, marking a 57.33% rise from the previous day. This surge placed CoStarCSGP-- among the top 304 stocks by trading volume for the day. The stock price of CoStar Group rose by 0.18%, marking the second consecutive day of gains, with a total increase of 0.54% over the past two days.

CoStar Group is a leading provider of real estate information, analytics, and online marketplaces. The company has built an extensive network of over 27 internationally recognized brands, serving a global market with an addressable market size of over $100 billion. Over the past 38 years, CoStar has invested over $5 billion in its proprietary database, employing over 1,500 researchers to maintain a competitive edge. The company's network attracts over 150 million unique monthly visitors, supported by a strong financial model with over 95% of subscription revenue and 90% renewal rates for contracts with terms of twelve months or longer.

In the second quarter of 2025, CoStar Group reported a significant revenue increase, reaching $781 million, surpassing market expectations. This growth was driven by a 15.3% year-on-year increase in sales, reflecting the company's consistent performance and strategic acquisitions. The company's net income for the quarter was $6 million, with net income per diluted share at $0.01. Adjusted EBITDA for the quarter was $85 million, marking a 108% increase from the previous year.

CoStar Group's strong financial performance has been recognized by its inclusion in the S&P 500 Index and Nasdaq 100 Index. The company continues to invest in improving its information, analytics, and online marketplaces, ensuring its position as an industry leader. With a team of bright minds and the best resources available, CoStar provides an invaluable edge in commercial real estate, maintaining strong margins and high free cash flow.

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