D

CoStar Group, Inc. CSGP

NASDAQ
Recommendation
Dividend Power Score
Day's Range
$30.00$30.75
Latest Close
Volume
--
Avg Vol (90D)
Market Cap
Dividend & Yield
--
P/E (TTM)
EPS (TTM)
My Lists My Alerts

Company Overview

CoStar Group, Inc. is a U.S.-based commercial real estate information, analytics, and online marketplace company that operates primarily in the real estate technology and property data industries. The company provides subscription-based data, software, analytics, digital advertising, and online marketplaces that support commercial real estate professionals, brokers, investors, lenders, property owners, and residential real estate participants. Its core revenue drivers include recurring subscriptions to proprietary commercial property databases and marketplace platforms, as well as advertising and lead-generation services tied to online real estate listings.

The company’s primary brands include CoStar, LoopNet, Apartments.com, Homes.com, STR, BizBuySell, and Land.com. CoStar has developed a large proprietary database of commercial real estate information gathered through internal research operations and technology-enabled data collection. Founded in 1987 by Andrew Florance, the company initially focused on commercial real estate information services before expanding through acquisitions and platform development into multifamily rental marketplaces, hospitality analytics, residential real estate portals, and small-business-for-sale marketplaces. Industry observers and company filings consistently identify CoStar’s scale of proprietary data, recurring subscription model, and network effects across real estate marketplaces as key competitive advantages.

Business Operations

CoStar Group generates revenue primarily through subscriptions, advertising services, and marketplace transaction-related products. The company organizes operations around several major platforms and business lines, including CoStar Suite, LoopNet, Apartments.com, Homes.com, STR, and Visual Lease. CoStar Suite provides commercial property analytics, tenant information, sales comparables, and market intelligence. LoopNet operates as an online commercial property marketplace for property listings and marketing services. Apartments.com focuses on multifamily rental listings and digital marketing solutions for property owners and managers, while Homes.com targets the residential real estate portal market. STR supplies hospitality industry benchmarking and analytics services to hotels, investors, and tourism organizations.

The company operates extensively across the United States while also maintaining international operations in Europe, Canada, Asia-Pacific, and Latin America. CoStar controls significant proprietary real estate datasets, mapping technologies, digital marketplaces, and research infrastructure supported by large in-house research and technology teams. Major acquisitions have expanded its capabilities and customer reach, including LoopNet, Apartments.com, STR, Ten-X, Homesnap, and OnTheMarket. Public filings and investor materials indicate that the company continues to integrate acquired platforms into a broader real estate information ecosystem designed to increase customer retention and cross-platform monetization.

Strategic Position & Investments

CoStar Group’s strategic direction has centered on expanding its digital real estate marketplace ecosystem, increasing consumer-facing traffic, and deepening its data and analytics capabilities. In recent years, the company has invested heavily in the residential real estate segment through the expansion of Homes.com, including large-scale marketing campaigns intended to compete with established residential portals. The company has also focused on strengthening its position in multifamily rentals, commercial real estate analytics, and hospitality data services.

Acquisitions have played a major role in CoStar’s growth strategy. Significant transactions include the acquisitions of Apartments.com, STR, Ten-X, Homesnap, and UK-based property portal OnTheMarket. The company has also invested in artificial intelligence, data automation, digital mapping, and analytics tools designed to improve property data quality and user engagement. Public disclosures indicate ongoing investment in proprietary content generation, software development, and international market expansion, particularly in Europe and residential real estate technology.

Geographic Footprint

CoStar Group is headquartered in Arlington, Virginia, and maintains operations across North America, Europe, Asia-Pacific, and parts of Latin America. The company’s largest revenue base remains the United States, where its commercial and residential platforms maintain broad market penetration among brokers, landlords, property managers, lenders, and institutional investors. Through brands such as LoopNet, Apartments.com, and Homes.com, the company serves both enterprise and consumer audiences nationwide.

Internationally, CoStar has expanded through acquisitions, research operations, and regional marketplace investments. STR maintains a global hospitality analytics presence covering numerous countries and hotel markets. The acquisition of OnTheMarket strengthened CoStar’s position in the United Kingdom residential property sector. Company filings and investor communications also indicate operational offices and research teams in countries including Canada, the United Kingdom, France, Germany, Spain, and India, supporting global data collection and technology development activities.

Leadership & Governance

CoStar Group was founded by Andrew Florance, who has remained a central figure in the company’s long-term strategic development and corporate culture. Leadership has consistently emphasized proprietary data ownership, disciplined acquisition integration, and long-term investment in technology and research infrastructure. Public statements and shareholder materials indicate a strategic focus on expanding marketplace scale while preserving recurring subscription revenue streams.

Key executives include:

  • Andrew Florance – Founder, President and Chief Executive Officer
  • Scott Wheeler – Chief Financial Officer
  • Lucy J. W. Doherty – Chief Human Resources Officer
  • David Mele – President, Homes.com
  • Florance Levy – Executive responsible for industry relations and strategic initiatives
  • Rachel C. Glaser – Chair of the Board

The company operates under a board governance structure typical of publicly traded U.S. corporations and files regular disclosures through the SEC, including annual reports on Form 10-K, quarterly reports on Form 10-Q, and investor presentations. Information regarding executive leadership, business operations, acquisitions, and strategic initiatives has been consistently reflected across company filings, earnings materials, and major financial reporting sources.

Data compiled by narrative technology. May contain errors.

Top Tech Stocks
See All »
B
AAPL NASDAQ $354.88
B
NVDA NASDAQ $166.19
B
MSFT NASDAQ $523.00
Top Consumer Staple Stocks
See All »
B
WMT NASDAQ $126.19
B
Top Financial Stocks
See All »
A
A
JPM NYSE $342.82
B
V NYSE $420.31
Top Energy Stocks
See All »
B
CVX NYSE $216.35
B
COP NYSE $140.06
Top Health Care Stocks
See All »
B
LLY NYSE $1,425.55
B
JNJ NYSE $283.52
B
ABBV NYSE $294.45
Top Real Estate Stocks
See All »
B
PLD NYSE $128.55
B
EQIX NASDAQ $1,072.77