Zillow Group which can be found using ticker (Z) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 34 with the average target price sitting at $50.69. Given that the stocks previous close was at $43.54 this now indicates there is a potential upside of 16.4%. The 50 day moving average now sits at $43.05 and the 200 moving average now moves to $37.63. The market capitalization for the company is $10,236m. Company Website: https://www.zillowgroup.com
The potential market cap would be $11,917m based on the market consensus.
Zillow Group operates real estate brands on mobile applications and Websites in the United States. The company operates through Internet, Media & Technology (IMT); Mortgages; and Homes segments. Its IMT segment offers premier agent and rentals marketplaces, as well as other services, which includes new construction marketplace, advertising, and business technology solutions, as well as display and dotloop and floor plans. The company’s Mortgages segment provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage services. Its Homes segment offers title and escrow services. The company’s brand portfolio includes Zillow Premier Agent, Zillow Home Loans, Zillow Closing Services, Zillow Rentals, Trulia, StreetEasy, HotPads, and Out East; and Mortech, a suite of marketing software and technology solutions for the real estate industry, as well as New Home Feed and ShowingTime+, and Bridge Interactive. Zillow Group was incorporated in 2004 and is headquartered in Seattle, Washington.
The company is not paying dividends at this time.
