Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

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Zillow surpasses Q2 revenue targets, eyes market expansion for growth

Zillow's Q2 2024 performance exceeded expectations, driven by revenue growth across key segments.
The company's strategic focus on the Housing Super App and market expansion positions it for sustainable growth.
While challenges like customer transaction share exist, Zillow's strong performance and leadership changes signal a positive outlook.

Zillow reports robust Q3 earnings, eyes growth in rentals and mortgages

Zillow Group's Q3 performance reflects strong revenue growth and user engagement, supported by strategic initiatives in rentals, mortgages, and customer experience.
While challenges like cost management and market dynamics persist, Zillow remains optimistic about future growth opportunities and profitability.
By focusing on innovation, customer advocacy, and market positioning, Zillow aims to sustain its growth trajectory and drive value for stakeholders.

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Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Zillow Group's new tool will enable home buyers to quickly find affordable homes within their budget constraints.

ZG's New Tool to Streamline Home Buying Process: Will the Stock Gain?

Zillow Group, Inc. (NASDAQ:Z ) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference November 19, 2024 8:45 AM ET Company Participants Jeremy Wacksman - Chief Executive Officer Jeremy Hofmann - Chief Financial Officer Conference Call Participants Brad Erickson - RBC Brad Erickson Hi everybody, I'm Brad Erickson, I cover Internet here at RBC. I'm very pleased today to have the Jeremys.

Zillow Group, Inc. (Z) Presents at RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Transcript)

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The U.S. Federal Reserve is on a chopping spree this autumn, cutting its benchmark Federal Funds rate by 0.50% in September and lopping off another 0.25% in early November. The moves brought the Fed Funds rate down to a target range of 4.50% to 4.75%.

Buy These 6 RE Stocks That Deserve a Home in Your Portfolio

SEATTLE , Nov. 14, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, announced today that tenured Zillow executive Jun Choo has been promoted to chief operating officer (COO).  In this role, Choo will now oversee Zillow's for sale business strategy and operations including Enhanced Markets and Mortgages in addition to the company's real estate industry product lines, sales and operations.

Zillow Group Promotes Jun Choo to chief operating officer

Zillow's stock has surged nearly 50% since earlier this year, driven by strong Q3 earnings and significant improvements in revenue and market share. The company's technology platform, including Enhanced Markets and Follow-Up Boss CRM, has increased Zillow's wallet share and user engagement. Zillow's diverse revenue streams, including rentals and mortgage origination, provide insulation from real estate market cycles and additional growth opportunities.

Zillow: The Real Estate Drought Is Nearly Over, And This Company Is A Big Winner

SEATTLE, Nov. 11, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z) (Nasdaq: ZG), which is transforming the way people buy, sell, rent, and finance homes, today announced Zillow Group will present at this year's RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference. CEO Jeremy Wacksman and CFO Jeremy Hofmann will participate in a fireside chat on Tuesday, Nov. 19, 2024, at 8:45 a.m. ET / 5:45 a.m. PT.

Zillow Group to present at RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

If this becomes the housing platform of the future, Zillow is still undervalued.

Zillow's Massive Opportunity Is Still Ahead

Zillow's solid third-quarter results impressed investors.

Why Zillow Stock Popped 23% This Week

The online real estate platform posted strong third-quarter results.

Why Zillow Stock Soared Today

Zillow Group, Inc.  Z shares are trading higher. The company reported earnings and investors positively reacted.

Stock Of The Day: Why Would Resistance For Zillow Turn Into Support?

ZG reports top-line growth year over year, backed by healthy traction in the premier agent business and strong signups for multi-family properties.

Zillow Q3 Earnings Beat Estimates on Solid Growth in Several Verticals

Zillow stock rallied Thursday, set to break out on its Q3 earnings beat. Housing demand remains strong, but affordability challenges persist.

Zillow Stock Breakout Ready After Q3 Win, Target Hikes; Earnings Outlook Upshifts

Zillow Group (Z) shares are jumping in premarket trading Thursday, after the real estate firm posted strong third-quarter sales gains and narrowed its losses.

Zillow Stock Jumps on Third-Quarter Revenue Growth, Narrower Loss

Zillow Group, Inc. (NASDAQ:Z ) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Bradley Berning - VP, Strategic Affairs & IR Richard Barton - Co-Founder & CEO Jeremy Wacksman - COO Jeremy Hofmann - CFO Conference Call Participants John Colantuoni - Jefferies Bradley Erickson - RBC Ronald Josey - Citigroup Mark Mahaney - Evercore ISI Nicholas Jones - Citizens JMP Chris Kuntarich - UBS Michael Ng - Goldman Sachs John Campbell - Stephens Ryan McKeveny - Zelman & Associates Operator Hello, and welcome to Zillow's Third Quarter 2024 Financial Results Call. We ask that you please hold all questions until the completion of the formal remarks, at which time you will be given instructions for the question-and-answer session.

Zillow Group, Inc. (Z) Q3 2024 Earnings Call Transcript

The headline numbers for Zillow (ZG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Zillow (ZG) Q3 Earnings: A Look at Key Metrics

Zillow Group (ZG) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.33 per share a year ago.

Zillow Group (ZG) Q3 Earnings and Revenues Beat Estimates

Zillow Group beat estimates for its third quarter, reporting revenue of $581 million and adjusted earnings of $127 million.

Zillow Group revenue up 17% to $581M as rentals, mortgage units drive growth

SEATTLE , Nov. 6, 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 for the three months ended September 30, 2024.

Zillow Group Reports Third-Quarter 2024 Financial Results

As home sales have sputtered, the home listings portal has pushed ahead on expanding its services.

Zillow Is Caught in a Housing Slowdown. 3 Clues to Earnings.

Zillow (ZG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Zillow (ZG) a New Strong Buy Stock

Beyond analysts' top -and-bottom-line estimates for Zillow (ZG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

Gear Up for Zillow (ZG) Q3 Earnings: Wall Street Estimates for Key Metrics

SEATTLE, Oct. 15, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) today announced it will release third-quarter 2024 financial results after market close on Wednesday, Nov. 6, 2024. The company will host a webcast and conference call to discuss its results that afternoon at 2 p.m. PT / 5 p.m. ET.

Zillow Group to Announce Third-Quarter 2024 Results Nov. 6

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.

Zillow: Growing Profits, One Listing At A Time

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.

Zillow Group acquires VSAI, a virtual staging tool that adds furniture to real estate listings

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.

News for Zillow Stock (ZG)