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Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group has brands such as Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime, Follow Up Boss, Aryeo and others.
Zillow Group - Class A trades on the NASDAQ stock market under the symbol ZG.
As of May 17, 2024, ZG stock price declined to $43.35 with 361,833 million shares trading.
ZG has a beta of 1.79, meaning it tends to be more sensitive to market movements. ZG has a correlation of 0.23 to the broad based SPY ETF.
ZG has a market cap of $10.12 billion. This is considered a Large Cap stock.
Last quarter Zillow Group - Class A reported $529 million in Revenue and $.36 earnings per share. This beat revenue expectation by $20 million and exceeded earnings estimates by $.04.
In the last 3 years, ZG stock traded as high as $124.90 and as low as $26.21.
The top ETF exchange traded funds that ZG belongs to (by Net Assets): VNQ, VB, VTI, VXF, VO.
ZG has underperformed the market in the last year with a return of -3.3%, while the SPY ETF gained +29.1%. In the last 3 month period, ZG fell short of the market, returning -17.8%, while SPY returned +6.3%. However, in the most recent 2 weeks ZG has outperformed the stock market by returning +8.2%, while SPY returned +3.6%.
ZG support price is $42.70 and resistance is $45.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ZG stock will trade within this expected range on the day.