Zillow Group (ZG) Stock Price, News & Analysis (2024)

FAQs

What is the projection for ZG stock? ›

Based on short-term price targets offered by 23 analysts, the average price target for Zillow Group comes to $55.83. The forecasts range from a low of $36.00 to a high of $70.00. The average price target represents an increase of 2.74% from the last closing price of $54.34.

Zillow Group stock has received a consensus rating of buy. The average rating score is and is based on 42 buy ratings, 14 hold ratings, and 6 sell ratings.

The average one-year price target for Zillow Group, Inc. is $57.04. The forecasts range from a low of $36.36 to a high of $73.50. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.

Out of 13 analysts, 5 (38.46%) are recommending ZG as a Strong Buy, 4 (30.77%) are recommending ZG as a Buy, 3 (23.08%) are recommending ZG as a Hold, 0 (0%) are recommending ZG as a Sell, and 1 (7.69%) are recommending ZG as a Strong Sell.

Largest shareholders include Caledonia (Private) Investments Pty Ltd, Vanguard Group Inc, BlackRock Inc., VGSIX - Vanguard Real Estate Index Fund Investor Shares, Independent Franchise Partners LLP, NAESX - Vanguard Small-Cap Index Fund Investor Shares, Norges Bank, State Of Wisconsin Investment Board, VTSMX - Vanguard ...

Zillow underwent a stock split in 2015 while generating new share classes and now trades under the tickers Z and ZG. Z is for the new class of non-voting stock, C shares, while the A shares trade under the symbol ZG. Stock splits often have to do more with financial engineering than with company fundamentals.

Therefore, Zillow stock is a long way from its peak P/S multiple of 13.5, despite having a much healthier business. In fact, analysts predict the company will deliver $1.10 in total earnings per share in 2023, followed by powerful growth of 47% in 2024 which will lift the figure to $1.64.

Zillow stock fell following a recent court ruling and subsequent legal case brought against the National Association of Realtors and other brokers. The legal proceedings challenged the common practice of home sellers paying realtor commissions for buyers.

Zillow (NASDAQ: ZG) does not pay a dividend.

Zillow User Demographics

The mean age of buyers on Zillow is 45. Almost one-fifth (17%) of buyers on Zillow are in their twenties or younger. The largest generational group of buyers on Zillow are between the ages of 27 and 41 years (also known as "millennials"). Millennials make up about 37% of buyers on Zillow.

Is Zillow a growth company? ›

Zillow's rentals and mortgage businesses are showing stronger growth. Rentals revenue was up 28%, at $117 million, and there are now 44,000 multifamily properties on Zillow, up 38% from a year ago. Revenue from Zillow's mortgage business was up 42% at $34 million, while purchase loan origination volume was up 125%.

Zillow Group Class C's analyst rating consensus is a Moderate Buy. This is based on the ratings of 5 Wall Streets Analysts. How can I buy shares of Z?

ZG Stock 12 Month Forecast

Based on 14 Wall Street analysts offering 12 month price targets for Zillow Group Class A in the last 3 months. The average price target is $54.60 with a high forecast of $72.00 and a low forecast of $35.00.

Zillow Revenue & Profit

Zillow is not yet profitable. The company had a net loss of $158 million in 2023. Over the past 5 years, Zillow's total revenue fluctuated. The company peaked in 2019 with total revenue of $2.7 billion, 41% more than the company generated in 2023.

Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by co-executive chairmen Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current ...

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