Zillow Sees 11% Growth Rate Amidst Share Price Fluctuations
The company's total shareholder return has been positive in the last year, with a 34% gain, outpacing the five-year TSR of 11%, and with analysts expecting a return to growth, Zillow Group may be poised for a significant turnaround, making it a stock to watch in the coming months.
Zillow Group's shareholders have earned an 11% compound annual growth rate over the last five years, despite the company's share price only rising 65% over the same period, underperforming the market, with recent buyers seeing a 34% increase in the last year.
The company's lack of profitability in the last 12 months makes it difficult to correlate its share price with earnings per share (EPS), and revenue has been declining at an 11% annual rate over the last five years. However, analysts expect the company to return to growth, which could create an opportunity for investors. Zillow Group has a strong analyst coverage, suggesting visibility into future growth.
Institutional investors and hedge funds have been actively adjusting their positions in the company, with Proficio Capital Partners LLC buying a new stake in Zillow Group, Inc. (NASDAQ:Z) shares in the fourth quarter, purchasing 99,597 shares valued at approximately $7,375,000. Other notable investors, such as FMR LLC, Ninety One UK Ltd, Groupama Asset Managment, and Bridgewater Associates LP, have also made significant changes to their positions in the company.
In other news, Zillow analyzed its search data from 2024 and found that homebuyers looked for a range of unusual features, including homes with garages, pools, and spooky vibes. The most searched term in the country was "pool," followed by "garage," "pet-friendly," and "spooky." This data provides insight into the current trends and preferences in the housing market.
As Zillow Group continues to navigate the challenges of the housing market, its strong analyst coverage and potential for future growth make it an interesting opportunity for investors. With institutional investors and hedge funds actively adjusting their positions, it will be important to monitor the company's progress in the coming months.
