Zillow Group (NASDAQ:ZG) Announces Quarterly Earnings Results

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

Zillow Group Trading Up 2.0 %

Shares of NASDAQ:ZG traded up $1.49 during midday trading on Friday, reaching $76.89. The company's stock had a trading volume of 721,245 shares, compared to its average volume of 355,962. Zillow Group has a fifty-two week low of $38.06 and a fifty-two week high of $86.58. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13. The firm has a 50 day moving average price of $75.58 and a two-hundred day moving average price of $66.12. The firm has a market capitalization of $17.96 billion, a price-to-earnings ratio of -134.89, a PEG ratio of 15.65 and a beta of 2.09.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Royal Bank of Canada reiterated an "outperform" rating and issued a $88.00 target price on shares of Zillow Group in a research report on Wednesday. Cantor Fitzgerald upped their price objective on shares of Zillow Group from $62.00 to $70.00 and gave the stock a "neutral" rating in a research report on Wednesday. The Goldman Sachs Group raised their target price 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. Baird R W raised shares of Zillow Group to a "hold" rating in a research note on Friday, January 31st. Finally, Benchmark increased their price target on Zillow Group from $80.00 to $100.00 and gave the company a "buy" rating in a research note on Wednesday, February 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Zillow Group has a consensus rating of "Moderate Buy" and an average price target of $83.00.

Insiders Place Their Bets

In related news, insider Errol G. Samuelson sold 17,000 shares of the company's 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 transaction, the insider now directly owns 22,739 shares of the company's stock, valued at approximately $1,672,908.23. This represents a 42.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jun Choo sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $75.10, for a total value of $751,000.00. Following the completion of the sale, the chief operating officer now directly owns 88,130 shares of the company's stock, valued at $6,618,563. This trade represents a 10.19 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 82,838 shares of company stock worth $6,619,079. 17.14% of the stock is owned by corporate insiders.

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.