Stock Pulse
CoStar Group (CSGP) recently restructured its board, appointing new executives to address investor concerns about profitability and capital allocation, including the company's investments in residential real estate portals like Homes.com and its bid for Domain Group in Australia [2], [4]. While the company saw a recent stock price increase [1], [6], [8], concerns remain about long-term performance as the consensus EPS estimate shows no year-over-year growth [1]. The company also successfully defended itself in a trade secrets lawsuit, removing a potential obstacle to growth [7]. Slowing home price increases reported by Homes.com could impact future revenue [3], but the company's strong revenue growth in 2024 and continued expansion efforts offer some optimism [2], [9]. The upcoming Q1 2025 earnings report will be a key indicator of performance [10].