Zillow Group (NASDAQ:Z) Announces Earnings Results, Misses Estimates 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 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 Stock Performance

Shares of NASDAQ:Z traded down $1.65 during trading on Tuesday, reaching $86.32. 4,446,846 shares of the company’s stock traded hands, compared to its average volume of 2,407,409. The stock has a market capitalization of $20.16 billion, a P/E ratio of -151.44, a price-to-earnings-growth ratio of 16.20 and a beta of 2.03. Zillow Group has a 12 month low of $38.45 and a 12 month high of $89.39. The company has a 50 day moving average of $78.77 and a 200-day moving average of $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.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Zillow Group in a research report on Thursday, November 7th. Morgan Stanley raised their price target on Zillow Group from $60.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Baird R W upgraded Zillow Group to a “hold” rating in a research report on Friday, January 31st. KeyCorp raised Zillow Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 2nd. Finally, Jefferies Financial Group boosted their target price on shares of Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $78.67.

Insider Activity

In other Zillow Group news, insider Dan Spaulding sold 4,565 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $86.22, for a total transaction of $393,594.30. Following the completion of the transaction, the insider now directly owns 58,217 shares of the company’s stock, 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 this hyperlink. Also, insider Susan Daimler sold 3,694 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $73.98, for a total value of $273,282.12. Following the sale, the insider now directly owns 18,770 shares in the company, valued at approximately $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 ninety days, insiders sold 164,689 shares of company stock valued at $12,520,379. 23.76% 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.