Should I buy ZG stock? (2024)

Should I buy ZG stock?

The consensus among 9 Wall Street analysts covering (NASDAQ: ZG) stock is to Buy ZG stock.

Is ZG a good stock to buy?

Is Zillow Group stock a Buy, Sell or Hold? Zillow Group stock has received a consensus rating of buy. The average rating score is and is based on 39 buy ratings, 16 hold ratings, and 6 sell ratings.

Will Zillow stock ever go up?

Average Price Target

Based on 14 Wall Street analysts offering 12 month price targets for Zillow Group Class A in the last 3 months. The average price target is $59.58 with a high forecast of $72.00 and a low forecast of $40.00. The average price target represents a 24.49% change from the last price of $47.86.

Is Zillow a hold or sell?

Zillow Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 5 hold ratings, and 1 sell rating.

What is the difference between Z and ZG stocks?

Zillow underwent a stock split in 2015 while generating new share classes and now trades under the tickers Z and ZG. Z is for the new class of non-voting stock, C shares, while the A shares trade under the symbol ZG. Stock splits often have to do more with financial engineering than with company fundamentals.

What is the difference between Zillow stock symbol Z and ZG?

You may wish to change the names of the stocks, since the new Zillow class C shares are using the old Z ticker symbol, while the old Zillow class A shares changed their symbol to ZG.

What is the Z stock forecast?

Z Stock 12 Month Forecast

Based on 7 Wall Street analysts offering 12 month price targets for Zillow Group Class C in the last 3 months. The average price target is $62.50 with a high forecast of $75.00 and a low forecast of $55.00.

Why is Zillow stock crashing?

Shares of Zillow Group (NASDAQ: Z) dropped 11.5% in March, according to data provided by S&P Global Market Intelligence. News broke that realtor commissions would be fundamentally changed moving forward, sparking fears of lower demand for Zillow's services.

What is the outlook for Zillow stock?

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Zillow Group stock have an average target of 58.11, with a low estimate of 40 and a high estimate of 79. The average target predicts an increase of 34.67% from the current stock price of 43.15.

Who owns the most Zillow stock?

Largest shareholders include Caledonia (Private) Investments Pty Ltd, Vanguard Group Inc, BlackRock Inc., VGSIX - Vanguard Real Estate Index Fund Investor Shares, Independent Franchise Partners LLP, NAESX - Vanguard Small-Cap Index Fund Investor Shares, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, ...

Should I sell Zillow stock?

Zillow Stock Forecast FAQ

Out of 9 analysts, 5 (55.56%) are recommending ZG as a Strong Buy, 2 (22.22%) are recommending ZG as a Buy, 1 (11.11%) are recommending ZG as a Hold, 0 (0%) are recommending ZG as a Sell, and 1 (11.11%) are recommending ZG as a Strong Sell.

How many saves on Zillow is good 2024?

According to Zillow, properties with more than 30 saves tend to sell faster. They also go closer to their listing price than those with fewer saves. Additionally, a high number of saves can also imply that the property stands out among other listings. The activities can make it more desirable to potential buyers.

Is Zillow a strong company?

Shares of Zillow Group, Inc. ZG have surged 84.1% over the past year, driven by improved market demand across its portfolio on the back of a flexible business model and solid cash flow. Earnings estimates for the current fiscal have increased 13.6% since July 2023, implying robust growth potential.

Is Class A or B stock better?

Class A shares generally have more voting power and higher priority for dividends, while Class B shares are common shares with no preferential treatment. Class C shares can refer to shares given to employees or alternate share classes available to public investors, with varying restrictions and voting rights.

How does Zillow make money?

Zillow makes money by selling advertising on Zillow.com and the Zillow mobile app to property management companies with vacancies, real estate agents looking for buyers and sellers, and mortgage lenders looking for borrowers.

What is Zillow Class A and C?

Class A shares will have a symbol change from Z to ZG. The stock is EX on this date and commences trading at the adjusted price. Class C shares will have a symbol change from ZCVVV to Z, and commence trading on a regular way (T+3) basis.

How accurate is Zillow market value?

How accurate is the Zestimate? The nationwide median error rate for the Zestimate for on-market homes is 2.4%, while the Zestimate for off-market homes has a median error rate of 7.49%.

How many shares does Zillow have?

Share Statistics

Zillow Group has 235.96 million shares outstanding.

What is Z Series stocks?

Stocks clubbed in the 'Z' category are those which fail to comply with the exchange's listing requirements or may have failed to redress investor complaints. And then there is Group B, which houses all the stocks that do not fall into any of the above categories.

Who owns Zillow?

Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by Rich Barton, Zillow's current CEO, and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current ...

Will ZS stock go up?

Based on short-term price targets offered by 34 analysts, the average price target for Zscaler comes to $255.06. The forecasts range from a low of $210.00 to a high of $310.00. The average price target represents an increase of 38.03% from the last closing price of $184.78.

What will Zoom stock be worth in 5 years?

Zoom Video stock price stood at $59.54

According to the latest long-term forecast, Zoom Video price will hit $60 by the middle of 2024 and then $80 by the end of 2025. Zoom Video will rise to $85 within the year of 2026, $95 in 2027, $100 in 2028, $110 in 2029, $125 in 2031 and $150 in 2035.

Did Zillow get in trouble?

The Real Estate Exchange (REX) sued Zillow and the National Association of Realtors over what it says were deceptive practices to conceal non-MLS listings on Zillow's heavily trafficked website. REX was a low-commission brokerage that ceased operations in May 2022.

Why did Zillow fail?

Recently, online real estate company Zillow shuttered its home-buying business following its inability to accurately predict oscillating home prices.

Is Zillow losing business?

Zillow loses $73M in fourth quarter

The decline was on par with the net loss the firm reported in the same period in 2022. Zillow reported $474 million in revenue last quarter, up from $435 million in the same period in 2022. The firm's adjusted EBITDA was $69 million in the fourth quarter, down from $73 million.