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

Zillow Group (NASDAQ:ZG) posted its quarterly 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 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 ZG stock traded down $1.45 during trading hours on Tuesday, hitting $83.84. 1,436,099 shares of the company’s stock were exchanged, compared to its average volume of 446,787. Zillow Group has a 52 week low of $38.06 and a 52 week high of $86.58. The stock has a market cap of $19.58 billion, a price-to-earnings ratio of -147.09, a price-to-earnings-growth ratio of 15.65 and a beta of 2.09. 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’s 50-day moving average is $75.71 and its 200-day moving average is $65.41.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Canaccord Genuity Group lifted their target price on Zillow Group from $64.00 to $86.00 and gave the company a “hold” rating in a research note on Monday, December 2nd. Craig Hallum raised their target price on shares of Zillow Group from $70.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Robert W. Baird began coverage on Zillow Group in a research note on Friday, January 31st. They issued a “neutral” rating and a $88.00 price objective on the stock. DA Davidson boosted their target price on shares of Zillow Group from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Finally, KeyCorp raised Zillow Group from a “sector weight” rating to an “overweight” rating and set a $100.00 target price for the company in a report on Monday, February 3rd. One 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

Insider Buying and Selling

In related news, CAO Jennifer Rock sold 3,187 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $74.00, for a total transaction of $235,838.00. Following the sale, the chief accounting officer now owns 69,649 shares of the company’s stock, valued at approximately $5,154,026. This trade represents a 4.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, General Counsel Bradley D. Owens sold 1,212 shares of Zillow Group stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total value of $89,663.76. Following the transaction, the general counsel now owns 31,739 shares in the company, valued at approximately $2,348,051.22. This represents a 3.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 164,689 shares of company stock worth $12,520,379 in the last 90 days. Corporate 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.