News headlines about Zillow Group (NASDAQ:Z) have trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Zillow Group earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.3161522603214 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s scoring:
- Lloyd D. Frink Sells 13,600 Shares of Zillow Group, Inc. (Z) Stock (americanbankingnews.com)
- The RMR Group Announces Incentive Business Management Fees Earned in Calendar Year 2017 (businesswire.com)
- Real Estate Rumors: Quadrum, CMK, Everwood Hospitality (law360.com)
- Southern Maine’s real estate market still riding high, experts say (pressherald.com)
- Washington Prime Group Announces Tax Reporting Information for 2017 Distributions (markets.businessinsider.com)
Zillow Group (NASDAQ:Z) opened at $42.58 on Friday. Zillow Group has a twelve month low of $32.56 and a twelve month high of $51.23. The firm has a market cap of $5,380.00 and a PE ratio of -193.55. The company has a current ratio of 6.44, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14.
Zillow Group (NASDAQ:Z) last released its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.05 earnings per share for the quarter. Zillow Group had a negative net margin of 3.99% and a negative return on equity of 0.25%.
Several research firms have recently commented on Z. Canaccord Genuity boosted their target price on shares of Zillow Group from $52.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. BidaskClub raised shares of Zillow Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Benchmark reissued a “buy” rating and set a $55.00 target price on shares of Zillow Group in a research report on Thursday, October 5th. Finally, Morgan Stanley raised shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 target price for the company in a research report on Wednesday, January 10th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $48.81.
In other Zillow Group news, Vice Chairman Lloyd D. Frink sold 13,600 shares of the business’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $44.60, for a total value of $606,560.00. Following the transaction, the insider now directly owns 4,334,008 shares in the company, valued at $193,296,756.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Spencer M. Rascoff sold 141,500 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $39.54, for a total transaction of $5,594,910.00. Following the completion of the transaction, the chief executive officer now owns 73,279 shares in the company, valued at $2,897,451.66. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 692,391 shares of company stock worth $28,106,894. 21.72% of the stock is owned by corporate insiders.
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About Zillow Group
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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