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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Lower interest rates gave a boost to the real estate platform.

Why Zillow Group Stock Gained 15% in September

The rate cuts are in — and the CE 100 Index has taken note.  This past week, the Federal Reserve cut its benchmark Fed Funds rate by 0.5% — the first such move in four years.

CE 100 Gains 2.7% as Lower Mortgage Rates Send Porch, Zillow Higher

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.

Why Zillow Stock Skyrocketed This Week

Netflix

The Federal Reserve slashed the federal funds rate by 50 basis points last week, and there could be further cuts before the end of 2024. Companies tied to the real estate sector in addition to those sensitive to consumer spending could benefit.

Fed Rate Cut: 2 Growth Stocks to Buy Right Now

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.

Why Zillow Group Could Soar with the Upcoming Interest Rate Cuts

Zillow Group, Inc. Z shares are trading higher after Wedbush upgraded the stock from Neutral to Outperform and raised its price target from $50 to $80.

Zillow Upgraded, Analyst Predicts Strong Growth With Lower Mortgage Rates On The Horizon

Zillow's stock rallied toward a more than two-year high Monday, as falling mortgage rates and rental revenue strength prompted Wedbush analyst Jay McCanless to turn bullish on the provider of real estate information and brokerage services.

Zillow's stock surges as analyst says start buying as mortgage rates fall

Compass

Redfin

ZipRecruiter

Redfin (RDFN) stock price has gone parabolic since I wrote about it in August. It soared to a high of $14.5 on Friday, its highest level since August 2023 and 200% above its lowest level this year.

Here's why the Redfin, Compass, and Zillow stocks are rising

Zillow Group Inc. (NASDAQ:Z ) Goldman Sachs Communacopia + Technology Conference September 9, 2024 6:45 PM ET Company Participants Jeremy Hofmann - Chief Financial Officer Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Great. Well, thank you, everybody.

Zillow Group Inc. (Z) Presents at Goldman Sachs Communacopia + Technology Conference (Transcript)

Zillow (ZG) reported earnings 30 days ago. What's next for the stock?

Zillow (ZG) Up 9% Since Last Earnings Report: Can It Continue?

ZG enhances its AI native natural language search engine to streamline the home buying process.

Zillow Group Boosts AI-Powered Search Experience: Stock to Gain?

SEATTLE , Sept. 3, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced that it will present at the Goldman Sachs Communacopia + Technology Conference on Sept.

Zillow Group to present at Goldman Sachs Communacopia + Technology Conference

The insights will help fine-tune ZG's marketing strategies, helping it tailor its offerings to meet the evolving needs of renters.

Zillow Data Offers Rental Upgrade Insights: Beneficial for ZG Stock?

Tulloss oversees Zillow's agent sales team, which provides real estate agents advertising and software solutions to power their businesses SEATTLE , Aug. 22, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced Soumya Tulloss has joined as senior vice president of agent sales, doubling down on the Company's commitment to help real estate agents power their business with Zillow.  Zillow Group's purpose is to make home a reality for more and more people.

Zillow Group hires Soumya Tulloss as senior vice president of agent sales

Uber

A rate cut this year would be a tailwind for the capital-intensive Internet - Services industry. Uber (UBER) and Zillow Group (ZG) are our picks.

Opportunities Abound in the Internet Services Industry: 2 Picks

Zillow Group stock remains buy-rated with a brighter growth outlook due to improving macro backdrop and solid execution in enhanced markets and top-of-funnel awareness. 2Q24 results exceeded expectations with revenue of $572 million and total adj EBITDA of $134 million, driven by strong performance in the residential, mortgage, and rental segments. ZG's growth catalysts of penetrating enhanced markets and expanding rentals continue to play out well, with solid revenue growth and market leadership position.

Zillow Group: Growth To Improve Against An Improving Macro Backdrop

Disrupting real estate is no small task, but Zillow has the strategy to get it done.

Zillow's Stock Has 10X Potential

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Zillow Group To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Thursday

The online real estate leader beat top-line estimates in its second-quarter report. The company made more progress to GAAP profitability.

Why Zillow Stock Popped Today

Zillow (NASDAQ:Z) shares surged almost 20% on Thursday as the real estate marketplace posted better-than-expected financial results for the second quarter and unveiled its new chief executive. Chief operating officer Jeremy Wacksman has been promoted to CEO and been appointed to the company's board of directors, the company said.

Zillow shares pop on earnings, CEO announcement

Zillow's (ZG) second-quarter 2024 results benefit from healthy growth in residential and rental segments.

Zillow's (ZG) Q2 Earnings Beat Estimates, Revenues Surge Y/Y

Shares of Zillow popped more than 15% after reporting strong Q2 results. The company saw a continued sequential recovery in the residential business, while multifamily properties drove yet another quarter of acceleration in Zillow Rentals. New U.S. real estate industry rules will take impact in August, which will favor more buyers who forego agents and conduct home research themselves on platforms like Zillow.

Zillow: Set To Benefit From Industry Changes As Revenue And EBITDA Expand

Zillow stock rises 18% as mortgage and rentals helps boost revenue amid slow home sales

While the top- and bottom-line numbers for Zillow (ZG) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zillow (ZG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Zillow Group, Inc. (NASDAQ:Z ) Q2 2024 Earnings Conference Call August 7, 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 Ronald Josey - Citigroup Nicholas Jones - Citizens JMP Bradley Erickson - RBC Mark Mahaney - Evercore ISI Ryan McKeveny - Zelman & Associates John Campbell - Stephens John Colantuoni - Jefferies Thomas Champion - Piper Sandler Operator Hello, and welcome to Zillow's Second Quarter 2024 Earnings 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.

News for Zillow Stock (ZG)