Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Zillow surpasses Q2 revenue targets, eyes market expansion for growth

Zillow's Q2 2024 performance exceeded expectations, driven by revenue growth across key segments.
The company's strategic focus on the Housing Super App and market expansion positions it for sustainable growth.
While challenges like customer transaction share exist, Zillow's strong performance and leadership changes signal a positive outlook.

Zillow reports robust Q3 earnings, eyes growth in rentals and mortgages

Zillow Group's Q3 performance reflects strong revenue growth and user engagement, supported by strategic initiatives in rentals, mortgages, and customer experience.
While challenges like cost management and market dynamics persist, Zillow remains optimistic about future growth opportunities and profitability.
By focusing on innovation, customer advocacy, and market positioning, Zillow aims to sustain its growth trajectory and drive value for stakeholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

These places offer the best mix of affordability and selection, and are seeing a higher share of price cuts Wichita, Kansas, is the No. 1 metro in the country for first-time home buyers.

Zillow names the 10 best metros for first-time home buyers in 2023

Coupa Software

Hive Blockchain Technologies Ltd

Lyft

Marathon Digital Holdings

Opendoor

PTC Therapeutics

While the concept of Nasdaq stocks to sell won't resonate too kindly with generally optimistic Americans, it's become a reality. It's not just about the fact that on a year-to-date basis, the benchmark S&P 500 index still trades in negative territory.

7 Nasdaq Stocks to Sell Before They Plunge in 2023

The real estate technology company can finally start afresh.

Why Zillow Group Stock Soared 21% in November

Apple

AMETEK

Amazon

AppHarvest

Bed Bath & Beyond

Avis Budget Group

Costco

Disney

Ford Motor Company

General Motors

Alphabet

Home Depot

NIKE

Peloton

Starbucks

Target

Tesla

Taiwan Semiconductor Manufacturing

Walker & Dunlop

Plus, we talk with Scott Galloway, author of "Adrift: America in 100 Charts."

Stocks to Be Thankful for and Stocks to Avoid

Zillow (ZG) reported earnings 30 days ago. What's next for the stock?

Zillow (ZG) Up 17% Since Last Earnings Report: Can It Continue?

Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving.

Buy Zillow stock, UBS says, as ‘maximum uncertainty' presents a good entry point

The Midwest will move to the forefront as affordability remains housing's biggest issue SEATTLE , Dec. 1, 2022 /PRNewswire/ -- Midwestern markets will heat up, and more friends and family members will pool their money to buy homes together in 2023, as people look for new ways to overcome the housing affordability crisis. However, that crisis will stabilize — if not improve — from its pandemic-era apex, Zillow® economists predict.

Zillow's hot housing takes for 2023

ZG's 3Q22 revenue and EBITDA beat on better-than-expected results from IMT, while Mortgage was largely in line. Premier Agent revenue declined but was still higher than consensus estimates.

Zillow Group: Investors Should Be Patient And Focus On Long Term

Dream Finders Homes

Digital Realty Trust

Global Net Lease

LendingTree

WeWork

As the housing downturn continues and looks poised to get worse, it remains best to approach real estate stocks cautiously. Admittedly, the shares of real estate investment trusts (or REITs) and the stocks of other companies involved in the real estate industry, have already fallen considerably, in anticipation of more challenging times ahead.

7 Real Estate Stocks to Sell

Zillow Group, Inc. (NASDAQ:Z ) RBC Capital Markets Global Technology, Internet, Media & Telecom Conference November 15, 2022 10:00 AM ET Company Participants Jeremy Wacksman - COO Conference Call Participants Bradley Erickson - RBC Capital Markets Bradley Erickson All right. So I have to start with the Q4 EBITDA question because I'm getting this a lot and then we'll move.

Zillow Group, Inc. (Z) RBC Capital Markets Global Technology, Internet, Media & Telecom Conference Call Transcript

Home values were flat between September and October, with some markets in the west and south seeing big declines in home prices.

‘Only Time Will Tell if September Was the Nadir': Zillow Reports Sharp Home-Value Declines in These Cities, Amid Grim Outlook for U.S. Housing Market

DocuSign

iQIYI

JD.com

Novavax

Rapid7

Sabre

Although an uncomfortable subject based on financial sensitivities, the topic of Nasdaq stocks to avoid cannot be avoided much longer. To be clear, it's not so much about the companies specifically.

7 Nasdaq Stocks Smart Investors Shouldn't Touch With a 10-Foot Pole

SEATTLE , Nov. 3, 2022 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced Zillow Group Chief Operating Officer Jeremy Wacksman will participate in a fireside chat at 10 a.m. ET on Tuesday, Nov. 15, 2022, as part of the RBC Capital Markets Technology, Internet, Media and Telecommunications conference.

Zillow Group to Present at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

Home Point Capital

Lennar

Redfin

Rocket Companies, Inc.

Toll Brothers

Perhaps the most debated topic of the new normal, the concept of real estate stocks to sell finally achieved mass-scale credibility. It all comes down to fundamental realities and it's better to not overthink it.

Hurry! 7 Pitiful Real Estate Stocks to Sell Before 2022 Ends

Zillow (ZG) delivered earnings and revenue surprises of 153.33% and 5.93%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Zillow Group (ZG) Tops Q3 Earnings and Revenue Estimates

Zillow Group, Inc. (NASDAQ:Z ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Brad Berning - Vice President, Strategic Affairs & Investor Relations Rich Barton - Co-Founder & Chief Executive Officer Allen Parker - Chief Financial Officer, Zillow Group, Inc. Jeremy Wacksman - Chief Operating Officer Conference Call Participants John Colantuoni - Jefferies Michael Ng - Goldman Sachs Brad Erickson - RBC Ryan McKeveny - Zelman Justin Patterson - KeyBanc Operator Good afternoon. My name is Hannah, and I will be your conference operator today.

Zillow Group, Inc. (Z) Q3 2022 Earnings Call Transcript

With low inventory and new listings, "the setup to begin 2023 in housing looks challenged," Zillow executives say.

Zillow Warns of Slower Business After Earnings Beat

Zillow Group Inc. is done selling houses a year after ditching its iBuying business, and executives reported better than expected earnings and revenue while wrapping up the effort in the third quarter, though their forecast undershot Wall Street's expectations.

On anniversary of home-flipping flop, Zillow is done selling houses

SEATTLE , Nov. 2, 2022 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results for the three months ended Sept. 30, 2022. Complete financial results for the third quarter and outlook for the fourth quarter of 2022 can be found in our shareholder letter on the Investor Relations section of Zillow Group's website at https://investors.zillowgroup.com/investors/financials/quarterly-results/default.aspx.

Zillow Group Reports Third-Quarter 2022 Financial Results

The failure of iBuying and a deterioration of home affordability and transaction volumes have contributed to a collapse of Zillow's shares since reaching an all-time high of $212.40 in February 2021. A number of Wall Street analysts have a sell or strong sell rating. Momentum and market sentiment are deep negative. Investing in Zillow is a contrarian play.

The Bullish Case For Zillow

Zillow Group Inc. confirmed more layoffs Wednesday, as the real-estate services company grapples with a slowdown in the housing market.

Zillow confirms more layoffs amid housing-market slowdown

The online real estate company Zillow cut approximately 300 workers this week. The layoffs were first reported on Wednesday by TechCrunch.

Zillow reportedly laying off 300 workers

Zillow has laid off about 300 employees as it is shifting focus towards technology-related positions in the company, TechCrunch has learned from sources and confirmed with the company over e-mail. The Seattle-headquartered online real estate marketplace informed its impacted employees about the decision on Tuesday.

Zillow lays off 300 employees in latest workforce shift

Zillow is down 72% from its 52-week high as the company failed in iBuying and soaring mortgage rates and a weakening economy have led to a dramatic housing slowdown. While Zillow faces a very challenging near-term environment, the company has several exciting growth opportunities in the medium and long term.

Zillow: Things Are Terrible, 4 Reasons I'm Buying

D.R. Horton

Matterport

Ryder System

With borrowing costs likely to rise further, as the Federal Reserve attempts to control inflation, it's time for investors to consider real estate stocks to sell. I get it. Bearish topics don't appeal organically, as do bullish ones.

7 Real Estate Stocks to Sell Pronto Before a Painful Downturn

News for Zillow Stock (ZG)