Zillow Group (NASDAQ:Z – Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Zillow Group to post earnings of $0.32 per share for the quarter. Zillow Group has set its Q3 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.
Zillow Group (NASDAQ:Z – Get Free Report) last posted its earnings results on Wednesday, August 7th. The financial services provider reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.19) by $0.13. The firm had revenue of $572.00 million during the quarter, compared to analysts’ expectations of $539.74 million. Zillow Group had a negative net margin of 6.81% and a negative return on equity of 2.50%. On average, analysts expect Zillow Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Zillow Group Stock Performance
Z opened at $59.80 on Monday. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average is $60.65 and its 200-day moving average is $51.21. The stock has a market cap of $13.84 billion, a PE ratio of -98.03 and a beta of 1.95. Zillow Group has a twelve month low of $33.80 and a twelve month high of $68.73.
Analyst Upgrades and Downgrades
Insider Activity
In other Zillow Group news, Chairman Lloyd D. Frink sold 150,000 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $50.83, for a total value of $7,624,500.00. Following the completion of the transaction, the chairman now directly owns 582 shares in the company, valued at $29,583.06. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, Chairman Lloyd D. Frink sold 150,000 shares of the firm’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $50.83, for a total value of $7,624,500.00. Following the completion of the sale, the chairman now owns 582 shares of the company’s stock, valued at $29,583.06. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Jennifer Rock sold 4,050 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $49.23, for a total value of $199,381.50. Following the transaction, the chief accounting officer now directly owns 79,694 shares in the company, valued at $3,923,335.62. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 221,999 shares of company stock valued at $11,780,363 over the last three months. Insiders own 23.76% of the company’s stock.
About Zillow Group
Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.
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