Zillow Group (NASDAQ:ZG) Announces Earnings Results

Zillow Group (NASDAQ:ZG - Get Free Report) issued its quarterly earnings data on Tuesday. The technology company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.48), Zacks reports. Zillow Group had a negative net margin of 6.17% and a negative return on equity of 2.33%. Zillow Group updated its Q1 2025 guidance to EPS.

Zillow Group Stock Performance

ZG traded up $1.49 during midday trading on Friday, hitting $76.89. 721,245 shares of the company traded hands, compared to its average volume of 355,962. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $17.96 billion, a PE ratio of -134.89, a price-to-earnings-growth ratio of 15.65 and a beta of 2.09. The company's 50-day moving average is $75.58 and its 200 day moving average is $66.12. Zillow Group has a 52 week low of $38.06 and a 52 week high of $86.58.

Analyst Upgrades and Downgrades

ZG has been the topic of a number of research analyst reports. The Goldman Sachs Group boosted their price objective on shares of Zillow Group from $42.00 to $47.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. Citigroup upped their target price on shares of Zillow Group from $95.00 to $98.00 and gave the stock a "buy" rating in a research report on Thursday. DA Davidson upped their target price on shares of Zillow Group from $75.00 to $90.00 and gave the stock a "buy" rating in a research report on Wednesday. JMP Securities upped their target price on shares of Zillow Group from $82.00 to $92.00 and gave the stock a "market outperform" rating in a research report on Monday, December 16th. Finally, Piper Sandler reduced their target price on shares of Zillow Group from $93.00 to $90.00 and set an "overweight" rating on the stock in a research report on Wednesday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $83.00.

Insider Buying and Selling at Zillow Group

In other news, insider Dan Spaulding sold 4,565 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $86.22, for a total value of $393,594.30. Following the transaction, the insider now owns 58,217 shares in the company, valued at $5,019,469.74. This represents a 7.27 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Errol G. Samuelson sold 17,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $73.57, for a total transaction of $1,250,690.00. Following the completion of the transaction, the insider now owns 22,739 shares in the company, valued at $1,672,908.23. This trade represents a 42.78 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 82,838 shares of company stock worth $6,619,079. Company insiders own 17.14% of the company's stock.

Zillow Group Company Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.