CoStar Group Inc. (CSGP): Today's Featured Real Estate Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

CoStar Group ( CSGP) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.4%. By the end of trading, CoStar Group fell $4.21 (-2.2%) to $185.92 on average volume. Throughout the day, 207,632 shares of CoStar Group exchanged hands as compared to its average daily volume of 170,500 shares. The stock ranged in price between $184.74-$193.60 after having opened the day at $189.94 as compared to the previous trading day's close of $190.13. Other companies within the Real Estate industry that declined today were: Doral Financial ( DRL), down 5.7%, Impac Mortgage Holdings ( IMH), down 5.6%, RE/MAX Holdings Inc Class A ( RMAX), down 4.3% and HMG/Courtland Properties ( HMG), down 3.3%.

CoStar Group, Inc. provides information, analytics, and marketing services to the commercial real estate industry in the United States, the United Kingdom, and France. CoStar Group has a market cap of $5.6 billion and is part of the financial sector. Shares are up 3.0% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate CoStar Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CoStar Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, American Spectrum Realty ( AQQ), up 12.0%, LGI Homes ( LGIH), up 5.2%, St. Joe Corporation ( JOE), up 3.8% and iStar Financial ( STAR), up 3.2% , were all gainers within the real estate industry with American Realty Capital Properties ( ARCP) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Insider Trading Alert - EA, FFIV And CSGP Traded By Insiders

3 Stocks Driving The Real Estate Industry Higher

CoStar Group (CSGP) Showing Signs Of Being Strong And Under The Radar

3 Stocks Underperforming Today In The Real Estate Industry

CoStar Group (CSGP) Highlighted As Strong And Under The Radar Stock Of The Day