Zillow Group, Inc. (Z) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents

About Z Financial Performance Analyst Forecast News Zillow Group CEO Rich Barton bullish about growth despite challenging housing market Home shopping early may pay off as price cuts abound Zillow Targets Growing Share of Market With ‘Housing Super App' Zillow Group stock rises after beating Q4 expectations with $474M in revenue Zillow Group Reports Fourth-Quarter and Full-Year 2023 Financial Results Renting alone? The 'singles tax' now exceeds $7,000 Zillow Debuts Individual Room Listingsas Housing Costs Climb Zillow expands rental marketplace with room listings, offering more affordable and flexible options Experience the future of home tours with Zillow Immerse on Apple Vision Pro Zillow Group to Announce Fourth-Quarter and Full-Year 2023 Results Feb. 13 Zillow empowers renters with credit-building payment reporting The housing market is breaking out of mortgage rate lock as a wave of sellers look poised to list their homes in the coming years, Zillow says Relaxed mortgage rates mean serious savings for buyers 3 stocks to watch as mortgage rates fall Zillow's stock falls after BofA says to stop buying, for these reasons Zillow Stock Gets Downgraded as Low Home Affordability a Headwind Venture capitalist Bill Gurley returns to Zillow Group board Zillow Group Reappoints Bill Gurley to Board of Directors Interstate movers chased affordability in 2023 Zillow Group sues listing services in Arizona and Wisconsin over ShowingTime access Home prices are expected to be flat in 2024, says Zillow's Skylar Olsen Zillow is the stock to show you the new homes Buffett just bet on How Americans surfed Zillow in 2023 Small Northeast towns reign supreme as Zillow's 2023 most popular markets Home prices are getting slashed as inventory climbs and high mortgage rates push sellers to compete for buyers, Zillow says FAQs

NASDAQ: Z · IEX Real-Time Price · USD

54.80

-3.12 (-5.39%)

At close: Feb 16, 2024, 4:00 PM

54.79

-0.01 (-0.02%)

After-hours: Feb 16, 2024, 7:59 PM EST

-5.39% (1D)

Market Cap	12.67B
Revenue (ttm)	1.95B
Net Income (ttm)	-158.00M
Shares Out	231.79M
EPS (ttm)	-0.68
PE Ratio	n/a
Forward PE	35.34
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,721,348
Open	56.05
Previous Close	57.92
Day's Range	54.50 - 56.37
52-Week Range	33.80 - 61.13
Beta	1.89
Analysts	Buy
Price Target	53.81 (-1.81%)
Earnings Date	Feb 13, 2024

About Z

Zillow Group, Inc. operates real estate brands on mobile applications and Websites in the United States. The company operates through Internet, Media & Technology (IMT); Mortgages; and Homes segments. Its IMT segment offers premier agent and rentals marketplaces, as well as other services, which includes new construction marketplace, advertising, and business technology solutions, as well as display and dotloop and floor plans. The company's Mortgages segment provides mortgage originations and the sale of mortgages, and advertising to mortgage ... [Read more]

Industry

Sector Communication Services

IPO Date Jul 20, 2011

Employees 6,263

Stock Exchange NASDAQ

Ticker Symbol Z

Full Company Profile

Financial Performance

In 2023, Zillow Group's revenue was $1.95 billion, a decrease of -0.66% compared to the previous year's $1.96 billion. Losses were -$158.00 million, 56.4% more than in 2022.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for Z stock is "Buy." The 12-month stock price forecast is $53.81, which is a decrease of -1.81% from the latest price.

Price Target

$53.81

(-1.81% downside)

Analyst Consensus: Buy

News

Zillow Group CEO Rich Barton bullish about growth despite challenging housing market

This story originally appeared onReal Estate News.

2 days ago - GeekWire

Home shopping early may pay off as price cuts abound

Expensive, coastal and Western markets are already heating up as spring season approaches Well-priced homes are selling in 29 days, and that will shorten quickly as the shopping season opens. Misprice...

2 days ago - PRNewsWire

Zillow Targets Growing Share of Market With ‘Housing Super App'

Zillowis expanding its “housing super app” to more markets after seeing how well it has been received. The company is also continuing to add functionality to the app for both the real estate sales an...

3 days ago - PYMNTS

Zillow Group stock rises after beating Q4 expectations with $474M in revenue

This story originally appeared on Real Estate News.

3 days ago - GeekWire

Zillow Group Reports Fourth-Quarter and Full-Year 2023 Financial Results

SEATTLE, Feb. 13, 2024 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results...

3 days ago - PRNewsWire

Renting alone? The 'singles tax' now exceeds $7,000

As the cost of independence rises, Zillow offers a fresh solution for those flying solo The "singles tax" increased this year, now standing at $7,110. Cohabitating renters collectively save $14,220 an...

4 days ago - PRNewsWire

Zillow Debuts Individual Room Listingsas Housing Costs Climb

Zillowhas begun targeting customers who want to rent — or rent out — a room. The real estate website announced Thursday (Feb. 8) that its platform now gives users the option to search for or listind...

8 days ago - PYMNTS

Zillow expands rental marketplace with room listings, offering more affordable and flexible options

Renters and homeowners can now list a room for rent on Zillow, reducing housing expenses by finding a roommate to share costs SEATTLE , Feb. 8, 2024 /PRNewswire/ -- Zillow® today announced a significa...

8 days ago - PRNewsWire

Experience the future of home tours with Zillow Immerse on Apple Vision Pro

Take home shopping on Zillow to the next level with a new spatial touring experience SEATTLE , Feb. 1, 2024 /PRNewswire/ -- Zillow® ImmerseSM, the most interactive way to explore select home listings ...

15 days ago - PRNewsWire

Zillow Group to Announce Fourth-Quarter and Full-Year 2023 Results Feb. 13

SEATTLE, Jan. 22, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) announced today it will release fourth-quarter and full-year 2023 financial results after market close on Tuesday, Feb. 13,...

25 days ago - PRNewsWire

Zillow empowers renters with credit-building payment reporting

Innovative new feature helps renters build a credit history at no cost to them or their landlord SEATTLE , Jan. 17, 2024 /PRNewswire/ -- Zillow is introducing a new feature that allows renters who pay...

4 weeks ago - PRNewsWire

The housing market is breaking out of mortgage rate lock as a wave of sellers look poised to list their homes in the coming years, Zillow says

The housing market could be breaking free from the "rate lock" phenomenon that froze activity in 2023. That's because owners appear less deterred by high mortgage rates when considering whether to se...

4 weeks ago - Business Insider

Relaxed mortgage rates mean serious savings for buyers

Rate lock is losing its grip on homeowners Twenty-one percent of homeowners surveyed by Zillow are considering selling, up from 15% one year ago. Monthly mortgage payments, down $143 from October pe...

4 weeks ago - PRNewsWire

3 stocks to watch as mortgage rates fall

Having increased seemingly month on month since the back-end of 2021, it looks like mortgage rates might finally be cooling. The 30-year fixed-rate average has fallen from a high of 7.79% at the start...

Other symbols: RDFNTOL

5 weeks ago - MarketBeat

Zillow's stock falls after BofA says to stop buying, for these reasons

Shares of Zillow Group Inc. were knocked lower Wednesday following a Wall Street analyst's call to stop buying, saying prices already reflect a recovery in the housing market.

5 weeks ago - Market Watch

Zillow Stock Gets Downgraded as Low Home Affordability a Headwind

BofA Securities analyst Curtis Nagle downgrades shares of the real estate company to Neutral from Buy.

5 weeks ago - Barrons

Venture capitalist Bill Gurley returns to Zillow Group board

Zillow Group announced Tuesday that it added famed Silicon Valley venture capitalist Bill Gurley to its board.

5 weeks ago - GeekWire

Zillow Group Reappoints Bill Gurley to Board of Directors

SEATTLE , Jan. 9, 2024 /PRNewswire/ -- Zillow Group announced today the reappointment of Bill Gurley, prominent venture capitalist and partner at Benchmark Capital, to the company's Board of Directors...

5 weeks ago - PRNewsWire

Interstate movers chased affordability in 2023

People relocated to metros $7,500 less expensive, a Zillow study of United Van Lines data shows Charlotte, Providence and Indianapolis saw the highest net in-migration among the 50 largest markets. C...

5 weeks ago - PRNewsWire

Zillow Group sues listing services in Arizona and Wisconsin over ShowingTime access

Zillow Group and ShowingTime have announced a new lawsuit against the Arizona Regional Multiple Listing Service (ARMLS) and Wisconsin's Metro Multiple Listing Service (Metro MLS) over what the tech gi...

7 weeks ago - GeekWire

Home prices are expected to be flat in 2024, says Zillow's Skylar Olsen

Skylar Olsen, Zillow chief economist, joins 'Money Movers' to discuss her outlook for housing in 2024 and more.

7 weeks ago - CNBC Television

Zillow is the stock to show you the new homes Buffett just bet on

Industries that have stood the test of time are typically very reliable and provide an extended track record of success; what most people (and investors) need to prepare for is an inevitable wave of i...

7 weeks ago - MarketBeat

How Americans surfed Zillow in 2023

Analysis of 250 billion queries on Zillow reveal top search terms SEATTLE , Dec. 21, 2023 /PRNewswire/ -- After analyzing more than 250 billion search queries, Zillow® has compiled the top search term...

2 months ago - PRNewsWire

Small Northeast towns reign supreme as Zillow's 2023 most popular markets

West Chester, Pennsylvania, ranked as Zillow shoppers' favorite market of 2023 SEATTLE , Dec. 19, 2023 /PRNewswire/ -- The most popular market among Zillow® surfers this year was West Chester, Pennsy...

2 months ago - PRNewsWire

Home prices are getting slashed as inventory climbs and high mortgage rates push sellers to compete for buyers, Zillow says

Home prices are getting slashed at an unusual pace, Zillow economists said. Nearly 23% of listings on the market saw a price cut in November.

2 months ago - Business Insider

FAQs

Zillow Group, Inc. (Z) Stock Price, Quote & News - Stock Analysis? ›

Is ZG a Buy, Sell or Hold? Zillow Group Inc Class A has a consensus rating of Moderate Buy which is based on 9 buy ratings, 4 hold ratings and 1 sell ratings.

Read On ›

Is Zillow Group a good buy? ›

Is ZG a Buy, Sell or Hold? Zillow Group Inc Class A has a consensus rating of Moderate Buy which is based on 9 buy ratings, 4 hold ratings and 1 sell ratings.

Discover More Details ›

What is the target price for Z stock? ›

Stock Price Target Z

High	^$70.00
Median	^$52.00
Low	^$35.00
Average	^$53.38
Current Price	^$49.29

What is the difference between Zillow Group Z and ZG? ›

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.

See Details ›

Is ZG a buy? ›

Zillow Group stock has received a consensus rating of buy. The average rating score is and is based on 44 buy ratings, 16 hold ratings, and 6 sell ratings.

Find Out More ›

Is there any hope for Zillow stock? ›

Based on 5 Wall Street analysts offering 12 month price targets for Zillow Group Class C in the last 3 months. The average price target is $56.50 with a high forecast of $70.00 and a low forecast of $45.00. The average price target represents a 9.41% change from the last price of $51.64.

Tell Me More ›

What is the ZG forecast? ›

According to the 15 analysts' twelve-month price targets for Zillow Group, the average price target is $57.14. The highest price target for ZG is $79.00, while the lowest price target for ZG is $35.00. The average price target represents a forecasted upside of 18.85% from the current price of $48.08.

Show Me More ›

Why is ZG stock dropping? ›

Its EPS missed, and the number of website/mobile app visits fell short of Wall Street's projections. Additionally, revenue guidance for next quarter was below expectations, which is further driving weakness in the stock. On the other hand, Zillow exceeded analysts' revenue and EBITDA expectations this quarter.

Explore More ›

Who owns the most Zillow stock? ›

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, State Of Wisconsin Investment Board, VTSMX - Vanguard Total Stock ...

What are Group Z stocks? ›

For a company to be placed in group 'Z' on BSE, it must have committed one or a combination of the following errors: – Failed to comply with BSE's listing requirements. – Failed to resolve investor complaints. – Failed to make required arrangements with CDSL and NSDL for dematerialisation of their securities.

Show Me More ›

What is the price prediction for ZG? ›

Based on short-term price targets offered by 22 analysts, the average price target for Zillow Group comes to $55.09. The forecasts range from a low of $35.00 to a high of $70.00. The average price target represents an increase of 9.89% from the last closing price of $50.13.

Read The Full Story ›

Is Zillow stock undervalued? ›

Zillow Group is significantly undervalued based on its cash flows, trading at US$47.55, well below the estimated fair value of US$85.29.

See Details ›

What is the Zillow stock price forecast for 5 years? ›

Based on our forecasts, a long-term increase is expected, the "Z" stock price prognosis for 2029-07-25 is 82.671 USD. With a 5-year investment, the revenue is expected to be around +68.17%. Your current $100 investment may be up to $168.17 in 2029.

Get More Info Here ›

Is Zillow Group the same as Zillow? ›

Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by Rich Barton, Zillow's current CEO, 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 ...

How does Zillow Group make money? ›

Zillow makes money primarily by selling advertising and enhanced profiles to real estate professionals. The company also generates revenue through mortgage interest, commissions from agent partners, and various services like Zillow Closing Services and Zillow 360 Bundled Services.