Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
03 August 2015Website:
http://www.zillowgroup.comNext earnings report:
06 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 2 min agoDividend
Analysts recommendations
Institutional Ownership
Z Latest News
Shares of real estate stocks seem to be on thin ice right now, but there are signs of a potential recovery coming first to those at the top of the value chain. While real estate investment trusts (REITs) see their prices underperform the S&P 500, investors will be surprised to see that they will be among the last to see a recovery.
(Z)-endoxifen at 10 mg once daily met the primary endpoint with 19/20 (95%) receiving > 75 % of planned treatment in I-SPY-2 Phase 2 Trial
The heavy selling pressure might have exhausted for Zillow (Z) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Zillow's adjusted EBITDA margin is expected to expand to 23% this year and potentially reach 25% by 2025. Assuming a 12% topline growth next year, Zillow's EBITDA could hit $650 million, making its stock priced at 22x forward EBITDA. This valuation presents a fair entry point for new investors, though it's not the most attractive investment currently available.
In a bid to help real estate agents make their online listings more appealing, Zillow Group announced the acquisition of Virtual Staging AI, a startup founded last year that uses AI to create virtual furniture and decorations.
First Street just launched a suite of climate risk data for every for-sale property listed on Zillow. Each for-sale listing on Zillow now displays First Street risk scores for flood, fire, wind, air and heat.
Lower interest rates gave a boost to the real estate platform.
The housing market could be in for a recovery, and this is one of the biggest beneficiaries.
Investors are betting that a big Fed rate-cutting cycle will lower costs for homebuyers and loosen up the real estate market. Zillow would benefit from growing home sales volumes.
Real estate brokers and online real estate marketplace stocks are surging in anticipation of the Federal Reserve interest rate cut cycle commencing, and investors are paying attention.
What type of business is Zillow?
Zillow Group, Inc. is a company operating in the real estate sector. It owns the largest online real estate database in the USA, providing its clients with services for buying, selling, renting, and financing residential real estate in the USA. The company was founded in 2004, with headquarters located in Seattle, Washington. The Zillow database contains more than 110 million homes in the USA. The company has developed and patented an automated property valuation model - Zestimate, which provides real-time valuation and ensures transparency in the process. Client transactions are organized directly through Zillow, and/or through referrals to trusted Zillow Premier Agent agents or Premier Broker partners.
What sector is Zillow in?
Zillow is in the Communication Services sector
What industry is Zillow in?
Zillow is in the Internet Content & Information industry
What country is Zillow from?
Zillow is headquartered in United States
When did Zillow go public?
Zillow initial public offering (IPO) was on 03 August 2015
What is Zillow website?
https://www.zillowgroup.com
Is Zillow in the S&P 500?
No, Zillow is not included in the S&P 500 index
Is Zillow in the NASDAQ 100?
No, Zillow is not included in the NASDAQ 100 index
Is Zillow in the Dow Jones?
No, Zillow is not included in the Dow Jones index
When was Zillow the previous earnings report?
No data
When does Zillow earnings report?
The next expected earnings date for Zillow is 06 November 2024