Symbols / ZG Stock $45.63 +2.54% Zillow Group, Inc.

Communication Services • Internet Content & Information • United States • NMS
ZG (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Communication Services
Industry Internet Content & Information
CEO Mr. Jeremy Wacksman
Exch · Country NMS · United States
Market Cap 10.99B
Enterprise Value 10.10B
Income 23.00M
Sales 2.58B
FCF (ttm) 84.75M
Book/sh 20.31
Cash/sh 5.43
Employees 7,068
Insider 10d —
IPO Jul 20, 2011
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 507.00
Forward P/E 15.62
PEG 0.92
P/S 4.25
P/B 2.25
P/C —
EV/EBITDA 146.41
EV/Sales 3.91
Quick Ratio 2.14
Current Ratio 3.12
Debt/Eq 9.36
LT Debt/Eq —
EPS (ttm) 0.09
EPS next Y 2.92
EPS Growth —
Revenue Growth 18.10%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-06
Earnings (prior) 2026-02-10
ROA -0.35%
ROE 0.47%
ROIC —
Gross Margin 74.14%
Oper. Margin -1.68%
Profit Margin 0.89%
Shs Outstand 42.44M
Shs Float 220.27M
Insider Own 4.09%
Instit Own 102.04%
Short Float 13.23%
Short Ratio 2.70
Short Interest 2.81M
52W High 90.22
vs 52W High -49.42%
52W Low 39.14
vs 52W Low 16.58%
Beta 2.11
Impl. Vol. 0.78%
Rel Volume 0.75
Avg Volume 1.20M
Volume 900.88K
Target (mean) $73.48
Tgt Median $75.00
Tgt Low $48.00
Tgt High $110.00
# Analysts 23
Recom Buy
Prev Close $44.50
Price $45.63
Change 2.54%
About

Zillow Group operates a real estate application and website that connects consumers with technology, agents and loan officers, and digital solutions in the United States. The company operates through four categories: Residential, Mortgages, Rentals, and Other. The Residential segment includes agent and software, as well as new construction marketing solutions and StreetEasy for sale products. This segment also offers advertising and marketing solutions for real estate agents, premier agent, SaaS customer relationship management, real estate transaction management, appointment center, and enhanced listing services. The Rentals segment includes advertising and a suite of tools for property managers, landlords, and other rental professionals, as well as rental applications. The Mortgages segment provides mortgage originations through Zillow Home Loans and advertising to mortgage lenders and other mortgage professionals; and title and escrow services. The company also generates revenue from display advertising. It also offers a brand portfolio including Zillow, Zillow Premier Agent, Zillow Rentals, Zillow New Construction, Trulia, StreetEasy, Out East, HotPads, Follow Up Boss, ShowingTime, dotloop and Zillow Closing; and a suite of marketing software and technology solutions for the real estate industry. Zillow Group, Inc. was founded in 2004 and is headquartered in Seattle, Washington.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$73.48
Mean price target
2. Current target
$45.63
Latest analyst target
3. DCF / Fair value
$35.95
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$45.63
Low
$48.00
High
$110.00
Mean
$73.48

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-25 reit RBC Capital Outperform → Outperform $95
2026-03-25 main Cantor Fitzgerald Neutral → Neutral $46
2026-03-18 main Baird Neutral → Neutral $55
2026-02-12 main Citigroup Buy → Buy $78
2026-02-11 main Goldman Sachs Neutral → Neutral $62
2026-02-11 reit Piper Sandler Overweight → Overweight $70
2026-02-11 main Wells Fargo Equal-Weight → Equal-Weight $60
2026-02-11 main Barclays Equal-Weight → Equal-Weight $66
2026-02-11 main Cantor Fitzgerald Neutral → Neutral $56
2026-02-10 main Wells Fargo Equal-Weight → Equal-Weight $61
2026-02-06 main Keybanc Overweight → Overweight $75
2026-01-21 main Benchmark Buy → Buy $110
2026-01-12 main Bernstein Outperform → Outperform $95
2026-01-12 main Citizens Market Outperform → Market Outperform $85
2026-01-09 down Mizuho Outperform → Neutral $70
2026-01-08 main Cantor Fitzgerald Neutral → Neutral $68
2025-11-03 main Susquehanna Neutral → Neutral $80
2025-10-31 main JP Morgan Overweight → Overweight $95
2025-10-31 main UBS Buy → Buy $92
2025-10-31 reit Piper Sandler Overweight → Overweight $85
News
RSS: Latest ZG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2024-11-19 SAMUELSON ERROL G Officer — 5,500 $71.83 $395,079
2024-11-15 BEITEL DAVID A Chief Technology Officer — 4,250 $70.47 $299,518
2024-11-15 BEITEL DAVID A Chief Technology Officer — 4,250 $30.75 $130,702
2024-08-09 FRINK LLOYD DILLING President — 50,000 $49.54 $2,477,233
2024-08-09 FRINK LLOYD DILLING President — 50,000 $30.75 $1,537,670
2024-05-16 BARTON RICHARD N Chief Executive Officer — 50,000 $30.75 $1,537,670
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,583.00
+15.52%
2,236.00
+14.96%
1,945.00
-0.66%
1,958.00
Operating Revenue
2,533.00
+15.56%
2,192.00
+15.07%
1,905.00
-0.52%
1,915.00
Cost Of Revenue
668.00
+26.76%
527.00
+25.18%
421.00
+14.71%
367.00
Reconciled Cost Of Revenue
668.00
+26.76%
527.00
+25.18%
421.00
+14.71%
367.00
Gross Profit
1,915.00
+12.05%
1,709.00
+12.14%
1,524.00
-4.21%
1,591.00
Operating Expense
1,947.00
+2.53%
1,899.00
+7.23%
1,771.00
+6.69%
1,660.00
Research And Development
607.00
+3.76%
585.00
+4.46%
560.00
+12.45%
498.00
Selling General And Administration
1,340.00
+1.98%
1,314.00
+8.51%
1,211.00
+4.22%
1,162.00
Selling And Marketing Expense
843.00
+6.71%
790.00
+20.06%
658.00
-0.90%
664.00
General And Administrative Expense
497.00
-5.15%
524.00
-5.24%
553.00
+11.04%
498.00
Other Gand A
497.00
-5.15%
524.00
-5.24%
553.00
+11.04%
498.00
Total Expenses
2,615.00
+7.79%
2,426.00
+10.68%
2,192.00
+8.14%
2,027.00
Operating Income
-32.00
+83.16%
-190.00
+23.08%
-247.00
-257.97%
-69.00
Total Operating Income As Reported
-34.00
+82.74%
-197.00
+27.04%
-270.00
-190.32%
-93.00
EBITDA
315.00
+75.98%
179.00
+72.12%
104.00
-20.00%
130.00
Normalized EBITDA
317.00
+69.52%
187.00
+48.41%
126.00
-18.18%
154.00
Reconciled Depreciation
272.00
+8.80%
250.00
+12.61%
222.00
+23.33%
180.00
EBIT
43.00
+160.56%
-71.00
+39.83%
-118.00
-136.00%
-50.00
Total Unusual Items
-2.00
+75.00%
-8.00
+63.64%
-22.00
+8.33%
-24.00
Total Unusual Items Excluding Goodwill
-2.00
+75.00%
-8.00
+63.64%
-22.00
+8.33%
-24.00
Special Income Charges
-2.00
+75.00%
-8.00
+63.64%
-22.00
+8.33%
-24.00
Other Special Charges
—
1.00
+200.00%
-1.00
—
Restructuring And Mergern Acquisition
0.00
-100.00%
1.00
-75.00%
4.00
0.00
Write Off
2.00
-66.67%
6.00
-68.42%
19.00
-20.83%
24.00
Net Income
23.00
+120.54%
-112.00
+29.11%
-158.00
-56.44%
-101.00
Pretax Income
25.00
+123.36%
-107.00
+30.52%
-154.00
-81.18%
-85.00
Net Non Operating Interest Income Expense
-18.00
+50.00%
-36.00
+0.00%
-36.00
-2.86%
-35.00
Interest Expense Non Operating
18.00
-50.00%
36.00
+0.00%
36.00
+2.86%
35.00
Net Interest Income
-18.00
+50.00%
-36.00
+0.00%
-36.00
-2.86%
-35.00
Interest Expense
18.00
-50.00%
36.00
+0.00%
36.00
+2.86%
35.00
Other Income Expense
75.00
-36.97%
119.00
-7.75%
129.00
+578.95%
19.00
Other Non Operating Income Expenses
77.00
-39.37%
127.00
-15.89%
151.00
+251.16%
43.00
Tax Provision
2.00
-60.00%
5.00
+25.00%
4.00
+33.33%
3.00
Tax Rate For Calcs
0.00
-52.86%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.20
+88.21%
-1.68
+63.64%
-4.62
+8.33%
-5.04
Net Income Including Noncontrolling Interests
23.00
+120.54%
-112.00
+29.11%
-158.00
-56.44%
-101.00
Net Income From Continuing Operation Net Minority Interest
23.00
+120.54%
-112.00
+29.11%
-158.00
-79.55%
-88.00
Net Income From Continuing And Discontinued Operation
23.00
+120.54%
-112.00
+29.11%
-158.00
-56.44%
-101.00
Net Income Continuous Operations
23.00
+120.54%
-112.00
+29.11%
-158.00
-79.55%
-88.00
Net Income Discontinuous Operations
—
0.00
0.00
+100.00%
-13.00
Normalized Income
24.80
+123.47%
-105.68
+24.85%
-140.62
-103.68%
-69.04
Net Income Common Stockholders
23.00
+120.54%
-112.00
+29.11%
-158.00
-56.44%
-101.00
Diluted EPS
0.09
+118.75%
-0.48
+29.41%
-0.68
-61.90%
-0.42
Basic EPS
0.09
+118.75%
-0.48
+29.41%
-0.68
-61.90%
-0.42
Basic Average Shares
241.93
+3.35%
234.08
+0.21%
233.57
-3.55%
242.16
Diluted Average Shares
254.12
+8.56%
234.08
+0.21%
233.57
-3.55%
242.16
Diluted NI Availto Com Stockholders
23.00
+120.54%
-112.00
+29.11%
-158.00
-56.44%
-101.00
Line Item Trend 2023-12-31
Total Assets
6,652.00
Current Assets
3,149.00
Cash Cash Equivalents And Short Term Investments
2,810.00
Cash And Cash Equivalents
1,492.00
Cash Equivalents
1,442.00
Cash Financial
50.00
Other Short Term Investments
1,318.00
Receivables
96.00
Accounts Receivable
96.00
Gross Accounts Receivable
—
Allowance For Doubtful Accounts Receivable
—
Inventory
—
Work In Process
—
Finished Goods
—
Prepaid Assets
—
Restricted Cash
3.00
Assets Held For Sale Current
100.00
Other Current Assets
140.00
Total Non Current Assets
3,503.00
Net PPE
125.92
Gross PPE
160.00
Accumulated Depreciation
-34.08
Properties
0.00
Machinery Furniture Equipment
39.00
Construction In Progress
452.00
Other Properties
73.00
Leases
48.00
Goodwill And Other Intangible Assets
3,333.08
Goodwill
2,817.00
Other Intangible Assets
516.08
Non Current Accounts Receivable
23.00
Other Non Current Assets
21.00
Total Liabilities Net Minority Interest
2,126.00
Current Liabilities
971.00
Payables And Accrued Expenses
105.00
Payables
28.00
Accounts Payable
28.00
Other Payable
—
Current Accrued Expenses
77.00
Pensionand Other Post Retirement Benefit Plans Current
47.00
Total Tax Payable
—
Current Debt And Capital Lease Obligation
737.00
Current Debt
700.00
Other Current Borrowings
607.00
Current Capital Lease Obligation
37.00
Current Deferred Liabilities
52.00
Current Deferred Revenue
52.00
Other Current Liabilities
30.00
Total Non Current Liabilities Net Minority Interest
1,155.00
Long Term Debt And Capital Lease Obligation
1,095.00
Long Term Debt
1,000.00
Long Term Capital Lease Obligation
95.00
Other Non Current Liabilities
60.00
Stockholders Equity
4,526.00
Common Stock Equity
4,526.00
Capital Stock
0.00
Common Stock
0.00
Preferred Stock
0.00
Share Issued
233.35
Ordinary Shares Number
233.35
Treasury Shares Number
0.00
Additional Paid In Capital
6,301.00
Retained Earnings
-1,770.00
Gains Losses Not Affecting Retained Earnings
-5.00
Other Equity Adjustments
-5.00
Total Equity Gross Minority Interest
4,526.00
Total Capitalization
5,526.00
Working Capital
2,178.00
Invested Capital
6,226.00
Total Debt
1,832.00
Net Debt
208.00
Capital Lease Obligations
132.00
Net Tangible Assets
1,192.92
Tangible Book Value
1,192.92
Interest Payable
—
Line Of Credit
93.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
368.00
-14.02%
428.00
+20.90%
354.00
-92.14%
4,504.00
Cash Flow From Continuing Operating Activities
368.00
-14.02%
428.00
+20.90%
354.00
-92.14%
4,504.00
Net Income From Continuing Operations
23.00
+120.54%
-112.00
+29.11%
-158.00
-56.44%
-101.00
Depreciation Amortization Depletion
272.00
+8.80%
250.00
+12.61%
222.00
+23.33%
180.00
Depreciation
272.00
+8.80%
250.00
+12.61%
222.00
+23.33%
180.00
Depreciation And Amortization
272.00
+8.80%
250.00
+12.61%
222.00
+23.33%
180.00
Other Non Cash Items
27.00
-28.95%
38.00
+65.22%
23.00
-71.25%
80.00
Stock Based Compensation
390.00
-12.95%
448.00
-0.67%
451.00
+0.00%
451.00
Asset Impairment Charge
2.00
-66.67%
6.00
-62.50%
16.00
0.00
Deferred Tax
—
—
—
—
Deferred Income Tax
—
—
—
—
Operating Gains Losses
—
1.00
+200.00%
-1.00
-104.76%
21.00
Change In Working Capital
-337.00
-92.57%
-175.00
-6.06%
-165.00
-104.24%
3,891.00
Change In Receivables
-45.00
-462.50%
-8.00
+66.67%
-24.00
-129.27%
82.00
Changes In Account Receivables
-45.00
-462.50%
-8.00
+66.67%
-24.00
-129.27%
82.00
Change In Inventory
—
0.00
0.00
-100.00%
3,904.00
Change In Prepaid Assets
-82.00
-10.81%
-74.00
-335.29%
-17.00
-383.33%
6.00
Change In Payables And Accrued Expense
42.00
+250.00%
12.00
+192.31%
-13.00
+89.84%
-128.00
Change In Accrued Expense
36.00
+260.00%
10.00
+152.63%
-19.00
+85.50%
-131.00
Change In Payable
6.00
+200.00%
2.00
-66.67%
6.00
+100.00%
3.00
Change In Account Payable
6.00
+200.00%
2.00
-66.67%
6.00
+100.00%
3.00
Change In Other Working Capital
-16.00
-23.08%
-13.00
+35.00%
-20.00
+20.00%
-25.00
Change In Other Current Assets
-227.00
-284.75%
-59.00
+0.00%
-59.00
-189.39%
66.00
Change In Other Current Liabilities
-9.00
+72.73%
-33.00
-3.13%
-32.00
-128.57%
-14.00
Investing Cash Flow
-6.00
-101.52%
395.00
+1480.00%
25.00
+101.63%
-1,533.00
Cash Flow From Continuing Investing Activities
-6.00
-101.52%
395.00
+1480.00%
25.00
+101.63%
-1,533.00
Net PPE Purchase And Sale
-133.00
+6.99%
-143.00
-5.93%
-135.00
-17.39%
-115.00
Purchase Of PPE
-133.00
+6.99%
-143.00
-5.93%
-135.00
-17.39%
-115.00
Capital Expenditure
-267.00
-56.14%
-171.00
-3.64%
-165.00
-17.86%
-140.00
Net Investment Purchase And Sale
261.00
-54.45%
573.00
-8.03%
623.00
+144.85%
-1,389.00
Purchase Of Investment
-211.00
+70.11%
-706.00
-6.33%
-664.00
+69.69%
-2,191.00
Sale Of Investment
472.00
-63.10%
1,279.00
-0.62%
1,287.00
+60.47%
802.00
Net Business Purchase And Sale
0.00
+100.00%
-7.00
+98.38%
-433.00
-10725.00%
-4.00
Purchase Of Business
0.00
+100.00%
-7.00
+98.38%
-433.00
-10725.00%
-4.00
Net Intangibles Purchase And Sale
-134.00
-378.57%
-28.00
+6.67%
-30.00
-20.00%
-25.00
Purchase Of Intangibles
-134.00
-378.57%
-28.00
+6.67%
-30.00
-20.00%
-25.00
Financing Cash Flow
-674.00
+45.34%
-1,233.00
-250.28%
-352.00
+91.89%
-4,341.00
Cash Flow From Continuing Financing Activities
-674.00
+45.34%
-1,233.00
-250.28%
-352.00
+91.89%
-4,341.00
Net Issuance Payments Of Debt
-200.00
+82.52%
-1,144.00
0.00
+100.00%
-3,440.00
Issuance Of Debt
219.00
+321.15%
52.00
-7.14%
56.00
0.00
Repayment Of Debt
-419.00
+64.97%
-1,196.00
-2035.71%
-56.00
+98.37%
-3,440.00
Long Term Debt Issuance
—
—
0.00
0.00
Long Term Debt Payments
-419.00
+64.97%
-1,196.00
-2035.71%
-56.00
+95.16%
-1,158.00
Net Long Term Debt Issuance
-419.00
+64.97%
-1,196.00
-2035.71%
-56.00
+95.16%
-1,158.00
Short Term Debt Issuance
219.00
+321.15%
52.00
-7.14%
56.00
0.00
Short Term Debt Payments
—
0.00
0.00
+100.00%
-2,282.00
Net Short Term Debt Issuance
219.00
+321.15%
52.00
-7.14%
56.00
+102.45%
-2,282.00
Net Common Stock Issuance
-670.00
-122.59%
-301.00
+29.01%
-424.00
+55.23%
-947.00
Common Stock Payments
-670.00
-122.59%
-301.00
+29.01%
-424.00
+55.23%
-947.00
Repurchase Of Capital Stock
-670.00
-122.59%
-301.00
+29.01%
-424.00
+55.23%
-947.00
Proceeds From Stock Option Exercised
188.00
-11.32%
212.00
+194.44%
72.00
+56.52%
46.00
Net Other Financing Charges
8.00
—
—
—
Changes In Cash
-312.00
+23.90%
-410.00
-1618.52%
27.00
+101.97%
-1,370.00
Beginning Cash Position
1,085.00
-27.42%
1,495.00
+1.84%
1,468.00
-48.27%
2,838.00
End Cash Position
773.00
-28.76%
1,085.00
-27.42%
1,495.00
+1.84%
1,468.00
Free Cash Flow
101.00
-60.70%
257.00
+35.98%
189.00
-95.67%
4,364.00
Interest Paid Supplemental Data
18.00
-48.57%
35.00
+25.00%
28.00
-44.00%
50.00
Income Tax Paid Supplemental Data
3.00
-50.00%
6.00
+0.00%
6.00
+0.00%
6.00
Amortization Of Securities
-9.00
+66.67%
-27.00
+22.86%
-35.00
-94.44%
-18.00
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category