Zillow Group (NASDAQ:ZG) Announces Quarterly Earnings Results

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

Shares of NASDAQ ZG traded down $1.45 during midday trading on Tuesday, reaching $83.84. 1,432,242 shares of the stock traded hands, compared to its average volume of 445,236. 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 $19.58 billion, a PE ratio of -147.09, a P/E/G ratio of 15.65 and a beta of 2.09. Zillow Group has a one year low of $38.06 and a one year high of $86.58. The company’s 50 day moving average is $75.71 and its 200 day moving average is $65.41.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ZG shares. Craig Hallum upped their price target on shares of Zillow Group from $70.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Susquehanna upped their price target on shares of Zillow Group from $55.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, November 11th. Baird R W raised shares of Zillow Group to a “hold” rating in a research report on Friday, January 31st. KeyCorp raised shares of Zillow Group from a “sector weight” rating to an “overweight” rating and set a $100.00 price target for the company in a research report on Monday, February 3rd. Finally, Royal Bank of Canada increased their target price 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. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.00.

Insider Activity

In related news, insider Dan Spaulding sold 4,565 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $86.22, for a total value of $393,594.30. Following the completion of the sale, the insider now directly owns 58,217 shares in the company, valued at $5,019,469.74. This trade represents a 7.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jeremy Hofmann sold 1,612 shares of the firm’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $84.98, for a total value of $136,987.76. Following the completion of the sale, the chief financial officer now owns 99,362 shares of the company’s stock, valued at approximately $8,443,782.76. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 164,689 shares of company stock worth $12,520,379. 17.14% of the stock is currently owned by insiders.

About Zillow Group

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.