Zillow Group (ZG) Expected to Announce Earnings on Tuesday

Zillow Group (NASDAQ:ZG - Get Free Report) is anticipated to post its Q4 2024 quarterly earnings results after the market closes on Tuesday, February 11th. Analysts expect Zillow Group to post earnings of $0.26 per share and revenue of $546.38 million for the quarter. Zillow Group has set its Q1 2025 guidance at EPS.Parties that are interested in participating in the company's conference call can do so using this link.

Zillow Group (NASDAQ:ZG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The technology company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.48). Zillow Group had a negative return on equity of 2.33% and a negative net margin of 6.17%. On average, analysts expect Zillow Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zillow Group Trading Down 10.7 %

NASDAQ ZG traded down $8.97 on Wednesday, reaching $74.87. The company had a trading volume of 2,404,530 shares, compared to its average volume of 518,587. The firm has a market cap of $17.49 billion, a price-to-earnings ratio of -131.35, a P/E/G ratio of 15.65 and a beta of 2.09. Zillow Group has a fifty-two week low of $38.06 and a fifty-two week high of $86.58. The business has a 50 day moving average of $75.77 and a two-hundred day moving average of $65.66. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.13 and a quick ratio of 3.13.

Insiders Place Their Bets

In related news, CAO Jennifer Rock sold 8,225 shares of the firm's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $73.05, for a total transaction of $600,836.25. Following the transaction, the chief accounting officer now directly owns 61,424 shares of the company's stock, valued at $4,487,023.20. This trade represents a 11.81 % decrease in their ownership of the stock. The transaction 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 company's stock in a transaction dated 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 sale, the insider now directly owns 22,739 shares of the company's stock, valued at $1,672,908.23. The trade was a 42.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 142,730 shares of company stock worth $10,896,034. Insiders own 17.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Baird R W upgraded Zillow Group to a "hold" rating in a research report on Friday, January 31st. DA Davidson raised their price target on shares of Zillow Group from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday. JMP Securities upped their price objective on shares of Zillow Group from $82.00 to $92.00 and gave the company a "market outperform" rating in a research note on Monday, December 16th. KeyCorp raised shares of Zillow Group from a "sector weight" rating to an "overweight" rating and set a $100.00 target price for the company in a research note on Monday, February 3rd. Finally, Barclays upped their price target on shares of Zillow Group from $36.00 to $50.00 and gave the company an "underweight" rating in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $80.95.

About Zillow Group

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.