Latest news with #ZillowGroup
Bloomberg
a day ago
- Business
- Bloomberg
Why It's Actually a Good Time to Buy a House, According to a Zillow Economist
For more than a decade, the price of housing in the US rose like a helium balloon, reaching records each year. But in 2025 gravity is finally taking over. Listings provider Zillow Group Inc. forecasts its Home Value Index—a proprietary estimate of what typical American homes are worth—will drop 0.8% by the end of the year, the first annual decline since 2011. For the lucky few in the position to buy, Zillow senior economist Orphe Divounguy advises they take advantage of this window of opportunity. Competition has been muted by high mortgage rates and broader economic jitters, including stubborn inflation and concerns about tariffs. Meanwhile inventory has grown, giving buyers more choice and leverage to negotiate; 27% of July listings included a price cut, the highest for any month since January 2018.
Yahoo
5 days ago
- Business
- Yahoo
Zillow Misses Q2 Earnings Estimates Despite Higher Revenues
Zillow Group, Inc. ZG reported mixed second-quarter 2025 results, wherein the bottom line missed the Zacks Consensus Estimate but the top line beat the same. The company registered a healthy improvement in revenues with deep customer connect and a solid brand position in the residential real estate industry, boasting 243 million average monthly unique users across the Zillow ecosystem of apps and sites. Its advanced technology, such as Zillow Showcase, featuring various AI features, Real Time Touring and New Construction marketplace, is gaining huge popularity. Net Income In the reported quarter, net income (on a GAAP basis) was $2 million or 1 cent per share against a net loss of $17 million or a loss of 7 cents per share in the prior-year quarter. Solid top-line growth primarily boosted the net income. On a non-GAAP basis, net income was 40 cents per share, which missed the Zacks Consensus Estimate by 4 cents. Zillow Group, Inc. Price, Consensus and EPS Surprise Zillow Group, Inc. price-consensus-eps-surprise-chart | Zillow Group, Inc. Quote Revenues Quarterly revenues increased to $655 million from $572 million in the year-ago quarter. Healthy growth in the residential and rental segment boosted the top line. The top line beat the Zacks Consensus Estimate of $647 revenues increased 6% to $434 million, backed by solid growth in its agent and software offerings, which include Premier Agent and Zillow Showcase and ShowingTime, DotLoop and Follow Up Boss, Mortgages segment generated $48 million in revenues compared with $34 million in the year-earlier quarter. The growth was primarily driven by a 48% surge in purchase loan Revenues rose 36% to $159 million, primarily driven by 56% year-over-year growth of multifamily revenues. Other Details During the quarter, Zillow recorded a gross profit of $489 million compared with $442 million in the prior-year quarter, owing to healthy revenue growth in all segments. The operating expenses during the quarter were $500 million, up from $480 million in the prior-year EBITDA was $155 million compared with $134 million a year ago, backed by higher revenues and cost discipline. Cash Flow & Liquidity In the first six months of 2025, Zillow generated $191 million in cash from operating activities compared with $135 million in the prior-year period. As of June 30, 2025, the company had $587 million in cash and cash equivalents, with $38 million in other long-term liabilities. Outlook For the third quarter of 2025, Zillow expects total revenues in the range of $663-$673 million. Total adjusted EBITDA is expected in the band of $150 million to $160 million. Management expects Mortgages' revenues to grow approximately 20% year over year. Residential revenues are projected to grow mid-single digits, while rental revenues are expected to rise more than 40% year over company expects low to mid-teens revenue growth for 2025, with continued adjusted EBITDA margin expansion. GAAP net income is also forecasted to be positive. Zacks Rank Zillow currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases Keysight Technologies, Inc. KEYS is scheduled to release third-quarter 2025 earnings on Aug. 19. The Zacks Consensus Estimate for earnings is pegged at $1.67 per share, suggesting a growth of 6.4% from the year-ago reported has a long-term earnings growth expectation of 12%. Keysight delivered an average earnings surprise of 8.2% in the last four reported Technologies, Inc. AKAM is slated to release second-quarter 2025 earnings on Aug. 7. The Zacks Consensus Estimate for earnings is pegged at $1.55 per share, indicating a 1.9% decline from the year-ago reported has a long-term earnings growth expectation of 8%. Akamai delivered an average earnings surprise of 4.8% in the last four reported Inc. PINS is set to release second-quarter 2025 earnings on Aug. 7. The Zacks Consensus Estimate for earnings is pegged at 34 cents per share, implying a growth of 17.2% from the year-ago reported has a long-term earnings growth expectation of 33.3%. Pinterest delivered an average earnings surprise of 0.5% in the last four reported quarters. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report Keysight Technologies Inc. (KEYS) : Free Stock Analysis Report Zillow Group, Inc. (ZG) : Free Stock Analysis Report Pinterest, Inc. (PINS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Bloomberg
6 days ago
- Business
- Bloomberg
Zillow Earnings Beat Estimates Despite Sluggish Housing Market
Zillow Group Inc. reported second-quarter results that beat analysts' estimates as the real estate company navigated the challenging US housing market.
Yahoo
03-08-2025
- Business
- Yahoo
Analysts Expect Zillow Group, Inc. (NASDAQ:ZG) To Breakeven Soon
With the business potentially at an important milestone, we thought we'd take a closer look at Zillow Group, Inc.'s () future prospects. Zillow Group, Inc. operates real estate brands in mobile applications and Websites in the United States. The US$19b market-cap company's loss lessened since it announced a US$112m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$81m, as it approaches breakeven. Many investors are wondering about the rate at which Zillow Group will turn a profit, with the big question being 'when will the company breakeven?' Below we will provide a high-level summary of the industry analysts' expectations for the company. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Zillow Group is bordering on breakeven, according to the 27 American Real Estate analysts. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$21m in 2025. The company is therefore projected to breakeven around 12 months from now or less. We calculated the rate at which the company must grow to meet the consensus forecasts predicting breakeven within 12 months. It turns out an average annual growth rate of 53% is expected, which is rather optimistic! If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict. We're not going to go through company-specific developments for Zillow Group given that this is a high-level summary, but, bear in mind that by and large a high forecast growth rate is not unusual for a company that is currently undergoing an investment period. Check out our latest analysis for Zillow Group One thing we'd like to point out is that The company has managed its capital judiciously, with debt making up 12% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company. Next Steps: There are key fundamentals of Zillow Group which are not covered in this article, but we must stress again that this is merely a basic overview. For a more comprehensive look at Zillow Group, take a look at Zillow Group's company page on Simply Wall St. We've also put together a list of key factors you should further research: Valuation: What is Zillow Group worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Zillow Group is currently mispriced by the market. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Zillow Group's board and the CEO's background. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Bloomberg
23-06-2025
- Business
- Bloomberg
Compass Sues Zillow as Fight Over Home Listings Heats Up
Residential real estate brokerage Compass Inc. sued Zillow Group Inc., alleging that the home-search website is using 'anticompetitive tactics' with its plan to restrict certain listings. Compass alleges that Zillow 'has retaliated against competitive threats by enacting an exclusionary policy' by banning listings that have been publicly marketed elsewhere first, according to the lawsuit filed Monday in federal court in Manhattan.
