Zillow Group (NASDAQ:Z) Releases Quarterly Earnings Results, Misses Expectations By $0.48 EPS

Zillow Group (NASDAQ:Z) announced its quarterly earnings data on Tuesday. The financial services provider 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:Z traded down $1.65 during trading on Tuesday, reaching $86.32. The stock had a trading volume of 4,418,156 shares, compared to its average volume of 2,396,615. Zillow Group has a 52 week low of $38.45 and a 52 week high of $89.39. The business’s 50-day moving average price is $78.77 and its 200 day moving average price is $67.80. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.13 and a quick ratio of 3.13. The stock has a market capitalization of $20.16 billion, a PE ratio of -151.44, a P/E/G ratio of 16.20 and a beta of 2.03.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on Z. Bank of America raised their target price on Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Jefferies Financial Group raised their target price on Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Baird R W upgraded Zillow Group to a “hold” rating in a report on Friday, January 31st. Needham & Company LLC restated a “hold” rating on shares of Zillow Group in a report on Thursday, November 7th. Finally, KeyCorp upgraded Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 2nd. Five analysts have rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, Zillow Group currently has a consensus rating of “Moderate Buy” and an average target price of $78.67.

Insider Activity

In related news, insider Dan Spaulding sold 4,565 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $86.22, for a total value of $393,594.30. Following the completion of the transaction, the insider now owns 58,217 shares in the company, valued at $5,019,469.74. The trade was a 7.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Susan Daimler sold 3,694 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total transaction of $273,282.12. Following the completion of the transaction, the insider now owns 18,770 shares of the company’s stock, valued at $1,388,604.60. This trade represents a 16.44 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 164,689 shares of company stock worth $12,520,379. Insiders own 23.76% 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.