Zillow Group (NASDAQ:ZG) Issues Earnings Results, Misses Estimates By $0.48 EPS

Zillow Group (NASDAQ:ZG) issued 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

Zillow Group stock traded down $1.45 during mid-day trading on Tuesday, reaching $83.84. The company had a trading volume of 1,436,099 shares, compared to its average volume of 446,787. The business has a fifty day simple moving average of $75.71 and a 200 day simple moving average of $65.41. The company has a market cap of $19.58 billion, a P/E ratio of -147.09, a P/E/G ratio of 15.65 and a beta of 2.09. Zillow Group has a fifty-two week low of $38.06 and a fifty-two week high of $86.58. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11.

Analysts Set New Price Targets

A number of brokerages have recently commented on ZG. Susquehanna lifted their price objective 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. Evercore ISI boosted their price target on Zillow Group from $55.00 to $75.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. KeyCorp raised Zillow Group from a “sector weight” rating to an “overweight” rating and set a $100.00 price objective for the company in a research report on Monday, February 3rd. Robert W. Baird assumed coverage on Zillow Group in a report on Friday, January 31st. They set a “neutral” rating and a $88.00 target price on the stock. Finally, UBS Group raised their price target on Zillow Group from $90.00 to $98.00 and gave the company a “buy” rating in a report on Monday, January 27th. One equities 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 stock. According to data from MarketBeat, Zillow Group presently has an average rating of “Moderate Buy” and an average price target of $78.00.

Insider Activity

In other news, CFO Jeremy Hofmann sold 1,612 shares of Zillow Group stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $84.98, for a total transaction of $136,987.76. Following the transaction, the chief financial officer now owns 99,362 shares in the company, valued at approximately $8,443,782.76. The trade was a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Bradley D. Owens sold 1,212 shares of the business’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total transaction of $89,663.76. Following the completion of the sale, the general counsel now directly owns 31,739 shares in the company, valued at approximately $2,348,051.22. This represents a 3.68 % decrease in their position. 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. Insiders own 17.14% of the company’s stock.

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.