Report
Brad Schwer
EUR 100.00 For Business Accounts Only

CoStar's competitive position is strong and getting stronger, in our view.

CoStar certainly ended 2017 with momentum that translated into a promising start for 2018. Management stated that December and January were the top two sales months in the company’s history, so we aren’t surprised that it recorded sales of $254 million for the fourth quarter. At this annualized run-rate, CoStar has effectively positioned itself to exceed its sales goal of $1 billion put in place in 2014. While sales are coming along smoothly, we do see some headwinds in the company’s 40% adjuste...
Underlying
COSTAR GROUP INC

CoStar Group provides information, analytics and online marketplace services to the commercial real estate and related business community through its database of commercial real estate information covering the U.S., the U.K., and parts of Canada, Spain, Germany and France. The company provides online marketplaces for commercial real estate, apartment rentals, lands for sale and businesses for sale. The company operates within two operating segments, North America and International, and its services are distributed to its clients under subscription-based license agreements that renew automatically, a majority of which have a term of one year.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brad Schwer

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch