|Bid||587.47 x 900|
|Ask||588.42 x 800|
|Day's Range||579.84 - 591.30|
|52 Week Range||315.85 - 639.41|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||73.89|
|Earnings Date||Oct 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||657.90|
The Financial Accounting Standards Board (FASB) officially voted to approve delaying the effective date for a number of significant accounting standards for private companies and nonprofit organizations from December 15, 2019 to December 15, 2020. The delay comes on the heels of the FASB receiving a letter from the AICPA Technical Issues Committee, requesting such a delay. FASB took up the matter on July 17, 2019, allowing for public comment over a 30-day period.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
WeWork's rapid sprawl has been most strongly felt in Back Bay and the Financial District, according to Nancy Muscatello, a managing consultant with CoStar Group in Boston.
Management will conduct a conference call to discuss the third quarter results, as well as the Company’s outlook at 5:00 PM EDT that same day. To participate in the conference call, please dial (800) 230-1059 (from the United States and Canada) or (612) 234-9959 (from all other countries) and refer to conference code 472986. To listen to the conference call over the Internet, please access the audio webcast link available in the Investors section of CoStar Group's website at investors.costargroup.com.
CoStar Group (NASDAQ: CSGP), a provider of commercial real estate information, analytics and online marketplaces, announced on Wednesday that it plans to acquire STR for $450 million in cash, subject to adjustments in the definitive agreements. In the way that CoStar’s acquisition of Apartments.com enabled CoStar to extend new services to investors and service providers in multifamily real estate, CoStar said it believes STR will complement its existing offerings to investors and service providers in the hospitality industry. STR was founded in 1985 as Smith Travel Research to provide performance benchmarking and comparative analytics to hotels.
CoStar Group Inc. (NASDAQ: CSGP) famously sold its headquarters building in 2011 for $101 million, about $60 million more than what it paid for the real estate at 1331 L St. NW a year earlier. Its landlord under the 15-year sale-leaseback, Munich-based GLL Real Estate partners GmbH, didn't do nearly as well. A GLL affiliate sold the 169,430-square-foot building Friday for $87 million to San Francisco-based Drawbridge Realty amid a larger wave of sales before the start of the District's new fiscal year on Tuesday.
In the competitive world of global hospitality, data and intelligence are often key to hoteliers maximizing the performance of their properties in a dynamic marketplace. Commercial real estate information provider CoStar Group will acquire STR for $450 million in an all-cash deal. Formerly known as Smith Travel Research before a recent rebrand, STR is the […]
STR, the Hendersonville-based hotel research company, has struck a deal to be sold to a real estate giant for $450 million.
CoStar Group Inc. (NASDAQ: CSGP) has agreed to acquire STR, formerly Smith Travel Research, for $450 million in cash, growing its ever-expanding reach to the global hospitality industry. Hendersonville, Tennessee-based STR aggregates data from more than 65,000 hotels worldwide, D.C.-based CoStar said in a release, distributing 1.2 million reports monthly as the “gold standard in the global hospitality industry for premium data analytics, performance benchmarking and market insights.” “In the way that CoStar’s acquisition of Apartments.com enabled CoStar to extend valuable new services to investors and service providers in multifamily real estate, we believe that STR will complement CoStar’s existing offerings and empower CoStar to provide valuable new services to investors and service providers in the hospitality industry,” CoStar said in a release.
CoStar Group, Inc. (CSGP) the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it plans to acquire STR for $450 million in cash, subject to adjustments in the definitive agreements. STR was founded in 1985 as Smith Travel Research to provide performance benchmarking and comparative analytics to hotels. Over the past 34 years, STR has grown its data assets, product offerings and geographic reach to become the gold standard in the global hospitality industry for premium data analytics, performance benchmarking and market insights.
Get alerts to potential breakout stocks, along with technical analysis of the stock charts to see the best time to buy and what telltale signs to look for.
In honor of the National Day of Service and Remembrance, CoStar Group employees are participating in a meal packing event Sept. 11, 2019, from 1 p.m. to 5 p.m. at CoStar Group’s main headquarters in Washington DC. CoStar Group employees will package and donate 100,000 meals to local organizations supporting low-income and food-insecure residents. “CoStar Group employees are dedicated to helping improve, sustain and brighten the communities in which we live and work,” said Andrew Florance, CEO and Founder of CoStar Group.
Leading commercial real estate market research firm CoStar joined the IBD Breakout Stocks, then launched a 42% run. More gains to follow?