Zillow Group (NASDAQ:ZG) Posts Earnings Results, Misses Expectations By $0.48 EPS

Zillow Group (NASDAQ:ZGGet Free Report) issued 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 Price Performance

ZG opened at $83.84 on Wednesday. Zillow Group has a one year low of $38.06 and a one year high of $86.58. The business’s 50 day moving average price is $75.77 and its 200 day moving average price is $65.66. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11.

Analyst Upgrades and Downgrades

A number of analysts have commented on ZG shares. DA Davidson lifted their price target on Zillow Group from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Craig Hallum lifted their price objective on Zillow Group from $70.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. JMP Securities lifted their price objective on Zillow Group from $82.00 to $92.00 and gave the company a “market outperform” rating in a research note on Monday, December 16th. UBS Group lifted their price objective on Zillow Group from $90.00 to $98.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Finally, Baird R W upgraded Zillow Group to a “hold” rating in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $78.00.

Get Our Latest Report on ZG

Insider Activity at Zillow Group

In other Zillow Group news, insider Dan Spaulding sold 4,565 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $86.22, for a total transaction of $393,594.30. Following the transaction, the insider now directly owns 58,217 shares in the company, valued at $5,019,469.74. This represents a 7.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Errol G. Samuelson sold 17,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $73.57, for a total value of $1,250,690.00. Following the transaction, the insider now owns 22,739 shares in the company, valued at $1,672,908.23. This trade represents a 42.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 142,730 shares of company stock worth $10,896,034. Insiders own 17.14% of the company’s stock.

About Zillow Group

(Get Free Report)

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.

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Earnings History for Zillow Group (NASDAQ:ZG)

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