Zillow Group (NASDAQ:Z) Releases Earnings Results

Zillow Group (NASDAQ:Z) posted its quarterly earnings results on Tuesday. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.48), Zacks reports. Zillow Group had a negative return on equity of 2.33% and a negative net margin of 6.17%. Zillow Group updated its Q1 2025 guidance to EPS.

Zillow Group Stock Performance

Shares of Z opened at $78.21 on Thursday. The business has a 50-day moving average of $78.73 and a 200 day moving average of $68.13. Zillow Group has a fifty-two week low of $38.45 and a fifty-two week high of $89.39. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.13 and a quick ratio of 3.13.

Insider Buying and Selling

In related news, CFO Jeremy Hofmann sold 1,612 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $84.98, for a total transaction of $136,987.76. Following the transaction, the chief financial officer now directly owns 99,362 shares of the company’s stock, valued at approximately $8,443,782.76. This trade represents a 1.60 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Jennifer Rock sold 8,225 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $73.05, for a total value of $600,836.25. Following the transaction, the chief accounting officer now directly owns 61,424 shares in the company, valued at approximately $4,487,023.20. This represents a 11.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 142,730 shares of company stock valued at $10,896,034. 23.76% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on Z. KeyCorp upgraded Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 2nd. Bank of America increased their target price on Zillow Group from $54.00 to $71.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft increased their target price on Zillow Group from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday. Baird R W upgraded Zillow Group to a “hold” rating in a report on Friday, January 31st. Finally, Wedbush reiterated an “outperform” rating and issued a $100.00 target price on shares of Zillow Group in a report on Wednesday. Five investment analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Zillow Group has a consensus rating of “Moderate Buy” and a consensus price target of $82.00.

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.