Zillow Group (NASDAQ:ZG) Releases Earnings Results, Misses Expectations By $0.48 EPS

Zillow Group (NASDAQ:ZG) posted its quarterly earnings data on Tuesday. The technology company reported ($0.22) earnings per share 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 Trading Down 1.7 %

Shares of ZG opened at $83.84 on Wednesday. Zillow Group has a fifty-two week low of $38.06 and a fifty-two week high of $86.58. The firm has a 50-day simple moving average of $75.77 and a 200-day simple moving average of $65.66. 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

Several equities analysts recently commented on ZG shares. JMP Securities increased their target price on Zillow Group from $82.00 to $92.00 and gave the company a “market outperform” rating in a report on Monday, December 16th. Royal Bank of Canada increased their target price on Zillow Group from $66.00 to $74.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. UBS Group increased their target price on Zillow Group from $90.00 to $98.00 and gave the company a “buy” rating in a report on Monday, January 27th. Piper Sandler increased their target price on Zillow Group from $73.00 to $93.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Finally, Barclays increased their target price on Zillow Group from $36.00 to $50.00 and gave the company an “underweight” rating in a report on Friday, November 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Zillow Group currently has an average rating of “Moderate Buy” and a consensus target price of $78.00.

Insider Transactions at Zillow Group

In related news, CFO Jeremy Hofmann sold 1,612 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $84.98, for a total value of $136,987.76. Following the completion of the sale, the chief financial officer now owns 99,362 shares in the company, valued at $8,443,782.76. This trade represents 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 available at this link. Also, General Counsel Bradley D. Owens sold 1,846 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $73.03, for a total transaction of $134,813.38. Following the completion of the sale, the general counsel now owns 29,893 shares of the company’s stock, valued at approximately $2,183,085.79. The trade was a 5.82 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 142,730 shares of company stock worth $10,896,034. Company 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.