Zillow Group (NASDAQ:ZG) Posts Earnings Results

Zillow Group (NASDAQ:ZG) released its quarterly earnings data on Tuesday. The technology company reported ($0.22) earnings per share 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 Trading Down 1.7 %

Shares of NASDAQ ZG traded down $1.45 during mid-day trading on Tuesday, hitting $83.84. The stock had a trading volume of 1,432,242 shares, compared to its average volume of 445,236. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13. Zillow Group has a 1 year low of $38.06 and a 1 year high of $86.58. The business has a 50 day moving average price of $75.71 and a two-hundred day moving average price of $65.41. The firm has a market cap of $19.58 billion, a P/E ratio of -147.09, a price-to-earnings-growth ratio of 15.65 and a beta of 2.09.

Wall Street Analyst Weigh In

ZG has been the subject of several analyst reports. Canaccord Genuity Group increased their target price on shares of Zillow Group from $64.00 to $86.00 and gave the company a “hold” rating in a report on Monday, December 2nd. Royal Bank of Canada raised their price objective on shares of Zillow Group from $66.00 to $74.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. JMP Securities raised their price objective on shares of Zillow Group from $82.00 to $92.00 and gave the stock a “market outperform” rating in a report on Monday, December 16th. Baird R W upgraded shares of Zillow Group to a “hold” rating in a research note on Friday, January 31st. Finally, Benchmark lifted their target price on shares of Zillow Group from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $78.00.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, CAO Jennifer Rock sold 3,187 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $74.00, for a total transaction of $235,838.00. Following the transaction, the chief accounting officer now directly owns 69,649 shares of the company’s stock, valued at approximately $5,154,026. The trade was a 4.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jeremy Hofmann sold 23,388 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $84.98, for a total transaction of $1,987,512.24. Following the sale, the chief financial officer now owns 99,362 shares in the company, valued at approximately $8,443,782.76. This trade represents a 19.05 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 164,689 shares of company stock valued at $12,520,379. 17.14% of the stock is currently owned by company 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.