Zillow Group (NASDAQ:ZG) Announces Earnings Results

Zillow Group (NASDAQ:ZG) issued its earnings results on Tuesday. The technology company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate 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 Price Performance

Shares of NASDAQ:ZG opened at $74.87 on Thursday. 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. The firm has a fifty day moving average price of $75.68 and a 200 day moving average price of $65.73. 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.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. The Goldman Sachs Group boosted their price target on Zillow Group from $42.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Craig Hallum lifted their price target on shares of Zillow Group from $70.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. DA Davidson increased their price objective on shares of Zillow Group from $75.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday. Stephens reaffirmed an “overweight” rating and issued a $73.00 target price on shares of Zillow Group in a research report on Wednesday. Finally, Benchmark boosted their target price on shares of Zillow Group from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $80.95.

Insider Buying and Selling at Zillow Group

In other Zillow Group news, CFO Jeremy Hofmann sold 23,388 shares of Zillow Group 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 completion of the transaction, the chief financial officer now directly owns 99,362 shares of the company’s stock, valued at $8,443,782.76. The trade was a 19.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Bradley D. Owens sold 1,846 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $73.03, for a total transaction of $134,813.38. Following the completion of the sale, the general counsel now directly owns 29,893 shares in the company, valued at approximately $2,183,085.79. This represents a 5.82 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 142,730 shares of company stock worth $10,896,034. 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.