CoStar Group

CoStar Group

CoStar Group Jonathan Poland

CoStar Group, Inc. (CSGP) is a commercial real estate information and marketing services company. The company was founded in 1987 and is headquartered in Washington, D.C. CoStar provides a range of services including market research and analysis, property data, advertising and marketing solutions, and real-time market data and analytics to the commercial real estate industry.

The company’s clients include commercial real estate brokers, property owners and developers, lenders, and government agencies. It operates through several brands, including CoStar, LoopNet, Apartments.com, BizBuySell, LandsofAmerica, and others. These brands offer a wide range of products and services to the commercial real estate industry, including property listings, property data and analytics, market research and analysis, and marketing and advertising solutions.

as of February 5, 2023

Trading at 15x sales and 52x forward earnings makes it very difficult to like CoStar as an investment just yet despite the 81% gross margins and a 5 year growth rate above 20%. The company can continue to grow as long as more operators want data on real estate and commercial assets. That pool is likely to keep expanding regardless of the short term hiccups due to the Covid-19 pandemic. With that said, it’s already the leading player and has a sizable market cap ($31 billion) to justify.

Learn More
Martin Marietta Materials Jonathan Poland

Martin Marietta Materials

Martin Marietta Materials, Inc. (MLM), founded in 1993 and headquartered in Raleigh, North Carolina, is a leading supplier of construction…

Green Plains Jonathan Poland

Green Plains

Green Plains Inc. (GPRE) is a diversified commodity-processing company that primarily focuses on the production of ethanol, a renewable fuel…

Jones Lang LaSalle Jonathan Poland

Jones Lang LaSalle

Jones Lang LaSalle (JLL) provides a comprehensive selection of real estate services, such as agency leasing and tenant representation, as…

Robinhood Markets Jonathan Poland

Robinhood Markets

Robinhood Markets Inc (HOOD) is a financial services company based in the United States that offers a popular investment platform…

Teck Resources Jonathan Poland

Teck Resources

Teck Resources Limited (TECK) is a company involved in the exploration, acquisition, development, and production of natural resources across Asia,…

Mercer International Jonathan Poland

Mercer International

Mercer International Inc. (MERC) is a global company that manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe,…

Warrior Met Coal Jonathan Poland

Warrior Met Coal

Warrior Met Coal, Inc. (HCC) is a leading producer and exporter of non-thermal metallurgical coal, specifically catering to the steel…

Nutrien Ltd Jonathan Poland

Nutrien Ltd

Nutrien Ltd. (NTR) is a Canadian fertilizer company. It was formed in 2018 through the merger of PotashCorp and Agrium.…

Zions Bancorporation Jonathan Poland

Zions Bancorporation

Zions Bancorporation (ZION) is a bank holding company headquartered in Salt Lake City, Utah. Zions Bancorporation has historical and cultural…

Jonathan Poland (“JP”) is a publisher, not a registered investment advisor, and nothing on this website is intended, and it should not be construed, to be investment advice. Under no circumstances does any information posted on this website represent a recommendation to buy or sell a security. The information on this site is not intended to be, nor does it constitute investment advice or recommendations. In no event shall JP be liable to any visitor or third party for any damages of any kind arising out of the use of any content or other material published or available on this site, or relating to the use of, or inability to use, any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Past performance does not guarantee future results. Read the full legal disclaimer.

Content Database

Target Costing Jonathan Poland

Target Costing

Target costing is a cost management approach that involves setting a target cost for a product or service and then…

Creative Destruction Jonathan Poland

Creative Destruction

Creative destruction is a process in which new, innovative ideas and technologies disrupt and replace older, established industries and firms.…

Collective Intelligence Jonathan Poland

Collective Intelligence

Collective intelligence refers to the ability of a group to solve problems, make decisions, and generate new ideas more effectively…

Personal Selling Jonathan Poland

Personal Selling

Personal selling is a type of sales approach that involves face-to-face interaction with potential customers. Unlike other forms of sales,…

Strategic Management Jonathan Poland

Strategic Management

Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company’s top management on…

Key Employees Jonathan Poland

Key Employees

Key employees, or key personnel, are individuals who possess unique skills, knowledge, or connections that make their prolonged absence or…

Working Style Jonathan Poland

Working Style

Working style refers to an individual’s preferred approach to performing their job and completing tasks. This can include factors such…

Toxic Positivity Jonathan Poland

Toxic Positivity

Top-down and bottom-up are opposing approaches to thinking, analysis, design, decision-making, strategy, management, and communication. The top-down approach begins with…

Product Management Jonathan Poland

Product Management

Product management is the practice of managing a portfolio of products throughout their lifecycle from concept to end-of-life. It can…