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 Inc  (NASDAQ:ZG) stock is up 8.2% to trade at $50.43 at last check, after Piper Sandler upgraded it to "overweight" from "neutral," and raised its price target to $62 from $42, which is 33% higher than its last close.

Zillow Group Stock Surges on Lofty Analyst Bull Note

Zillow (NASDAQ: Z ) stock is on the rise Tuesday after the tech real-estate marketplace company's shares got an upgrade from Piper Sandler analyst Thomas Champion. The Piper Sandler analyst upgraded shares of Z stock from a “neutral” rating to an “overweight” rating.

Why Is Zillow (Z) Stock Up 8% Today?

Piper Sandler analyst Thomas Champion upgraded shares of real estate platform Zillow to Overweight from Neutral, and lifted his price target to $62 from $42.

Zillow Stock Has More Than 20% Upside, Says Analyst

Shares of Zillow Group Inc. ZG, -0.02% Z, +0.19% were rising 5% in Tuesday's premarket action after Piper Sandler analyst Thomas Champion upgraded the stock to overweight from neutral. “We think an improving macro & share gains on top of easy compares sets up [Zillow] well into '24,” he wrote in a note to clients.

Zillow stock soars after Piper Sandler turns bullish

After an awful performance during the market downturn, Zillow has come roaring back.

Zillow Is Up 60% This Year – Is Real Estate Back?

Zillow Group, Inc.'s core operations remain intact despite the negative investor sentiment caused by its iBuying ventures. Zillow has the potential to generate around $300 million in free cash flows by 2024, similar to its strong performance in 2020. The market has overreacted to Zillow's failed iBuying endeavors, overlooking the company's value proposition and potential for new revenue streams.

Zillow: Rebuilding Its Moat In The Real Estate Kingdom

Zillow (ZG) unveils AI-powered Listing Showcase that enables agents to win more listings and ensures a premium experience for shoppers.

Zillow (ZG) Launches AI-Driven Features to Assist Listing Agents

Investors have grappled with soaring inflation and rising interest rates since mid-2021. But both of those trends appear to be reversing, which is one reason the stock market has rebounded convincingly this year.

1 Big Reason the Stock Market Is Surging -- and 2 Stocks to Buy Right Now

Zillow Group (ZG) introduced an enhanced Appointment Center by ShowingTime+ that support agents with various data and reporting tools, enabling them to save time and generate more business.

Zillow (ZG) Unveils New Solution To Support Real Estate Agents

New Zillow and Thumbtack analysis identifies the additional costs home buyers can expect, including utilities, insurance, maintenance and property tax Homeowners can expect to pay $14,155 a year, or $1,180 a month, in hidden costs related to owning a home. These annual costs can be as high as $22,791 in the San Francisco metro area and as low as $9,886 in Las Vegas.

Hidden costs of homeownership can add up to nearly $15,000 annually

Support is growing among both homeowners and renters for "modest densification" or "missing middle" housing.  New housing types, including medium to large apartment buildings, gain majority support if built near transit and amenities.

More than 4 in 5 adults support building more homes in their neighborhood to boost housing affordability

Zillow continues to demonstrate strong performance and execution, tracking toward its long-term revenue and margin targets, despite a challenging macro environment. The company has outperformed in its Premier Agent segment, gaining market share and showcasing the effectiveness of its innovative offerings. ZG's ability to consistently innovate and drive new products, coupled with its investment in AI and data utilization, positions the company favorably for future growth.

Zillow Group: Strong Execution And Innovative Capabilities

The Zillow Group's (Z) long-term pullback looks like it may be coming to an end. History suggests that now is the perfect time for bulls to buy Z's next leg higher.

History Says Buy The Dip On Zillow Stock

Colorado Springs and Spokane named best areas for recent college graduates in new Zillow study analyzing rent-to-income ratio and job prospects SEATTLE , May 24, 2023 /PRNewswire/ -- Colorado Springs, Colorado, has been named Zillow's top market for college grads in 2023, highlighting how, this year, markets with a smaller population, relatively affordable rents and lots of career prospects contribute to a high quality of life for individuals beginning a new phase in their lives. Trailing behind Colorado Springs are Spokane, Washington, and Des Moines, Iowa — two relatively small markets with plenty of job opportunities and lower rents than the national median.

Zillow's top markets for college grads offer a balance of opportunity and affordability

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As of the latest news at the time of writing, CNN reported that debt-ceiling negotiations broke down, which means that investors should at least consider stocks to sell before recession strikes. Sure, it's possible that Democrats and Republicans can come together to prevent catastrophe.

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SEATTLE , May 18, 2023 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) announced today Jeremy Hofmann has been promoted to chief financial officer (CFO). He succeeds Allen Parker, who will transition to an advisory role into the first quarter of 2024.

Zillow Group promotes Jeremy Hofmann to chief financial officer

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In the financial markets, few partners are as closely intertwined as housing stocks and mortgage rates. They often move in sync, yet sometimes they surprise us with their own version of their favorite dance.

3 Housing Stocks That Will Benefit if Mortgage Rates Reverse Course

Zillow aims to grow the percentage of customer property transactions captured from 3% to 6% by 2025. The company has 5 main growth pillars: touring, financing, seller solutions, partner network and service integration.

Zillow: Q1 Signals A Turnaround Post Recession

Opendoor

The housing market is massively impacted by rising interest rates, which increases the cost of borrowing for mortgages. In fact, this looks to have resulted in over a 22% decline in the number of homes sold in the first quarter of the year according to data from the National Association of Realtors.

2 Stocks to Play a Housing Market Rebound

Zillow abandoned its largest source of revenue in 2021, but now operates a much healthier business. It's focused on real estate services and is even experimenting with AI to help homebuyers.

Down 77%, Here's Why Zillow Stock Is a Buy Hand Over Fist

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Last week's earnings announcements from Redfin and Zillow Group suggest a prolonged slowdown in housing market activity.

What Redfin and Zillow earnings say about the state of the housing market

Zillow's first-quarter results may not seem impressive but landed well ahead of earlier guidance and market expectations. Zillow says it gained 1,300 basis points of market share of total industry revenue.

Does Zillow Stock Finally Have Curb Appeal?

Zillow Group (ZG) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.49 per share a year ago.

Zillow Group (ZG) Q1 Earnings and Revenues Beat Estimates

Zillow Group, Inc. (NASDAQ:Z ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Bradley Berning - VP, IR Richard Barton - Co-Founder, CEO & Director Allen Parker - CFO Jeremy Wacksman - COO Conference Call Participants John Campbell - Stephens Inc. Ronald Josey - Citigroup Bradley Erickson - RBC Capital Markets Jay McCanless - Wedbush Securities Thomas White - D.A. Davidson & Co. Ryan McKeveny - Zelman & Associates Operator Good afternoon.

Zillow Group, Inc. (Z) Q1 2023 Earnings Call Transcript

Zillow Group Inc.'s revenue was slashed by nearly 90% in the first quarter of 2023, and that was on purpose.

News for Zillow Stock (ZG)