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How The Pace Of Home Value Growth Compares With The Pace Of US Wage Growth
Tuesday, November 28, 2017 - 10:06am | 332The United States’ median national home value popped 6.5 percent year-over-year in October to $203,400, according to a recent Zillow Group, Inc. (NASDAQ: Z) report. Unfortunately for the American worker, income didn’t grow as sharply. Average hourly wages increased from $25.90 last...
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How Augmented Reality May Enhance The Real Estate Buying Experience
Saturday, September 23, 2017 - 9:09am | 494When Apple Inc. (NASDAQ: AAPL) unveiled the new augmented reality features for its upcoming iPhone 8 and X models, speculation abounded regarding its capabilities, potential uses and multi-industry disruptive abilities. Re-Visualizing The World Each time Apple or Alphabet Inc (NASDAQ: GOOG) (...
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Zillow Vs. RedFin: Home Appraisal Competition Heats Up
Wednesday, May 31, 2017 - 10:04am | 662The race to deliver a more accurate home valuing tool is heating up between cross-town rivals Zillow Group, Inc. (NASDAQ: Z) and Redfin Last week, Zillow announced a $1 million prize in an open contest to developers to improve its “Zestimates” tool. The home appraisal tool has recently...
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Zillow Will Give You $1 Million To Improve Its Zestimates
Friday, May 26, 2017 - 10:32am | 407Have you ever looked up home values on Zillow Group, Inc. (NASDAQ: Z) and noticed they were much higher or lower than anticipated? You are not alone. The lack of accuracy from Zillow’s "Zestimates" tool, which quickly appraises the value of homes nationwide, has been under fire from realtors...
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Zillow Group Upgraded On Prospect Of New Price Increases
Tuesday, February 14, 2017 - 12:20pm | 327George Askew of Stifel upgraded shares of Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG) to Buy from Hold with a price target boosted to $43 from a previous $36. Upgrade Justification Askew's upgrade is based partly on Zillow's approximate 50 percent price increase on leads in its Premier Agent...
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Barron's Picks And Pans: Ingersoll-Rand, Michael Kors And More
Sunday, March 13, 2016 - 3:52pm | 600Featured stories in this weekend's Barron's offer a look at the prospects for a climate control giant, a London-based apparel company, a pending motor oil spinoff and a healthcare spinoff. Barron's has 16 ways to play the rebound in value stocks. Other featured stories include a special report on...
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Millennials Waiting Longer Than Ever To Buy First Home
Thursday, August 20, 2015 - 1:16pm | 423According to a new report out this week by Zillow, modern first-time homebuyers are waiting longer than they ever have. While the data indicates that Millennials are not rushing into buying their first house, many of them are also not waiting to get married before making the big purchase. Renting...
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Barron's Recap: Time To Buy Commodities
Sunday, August 9, 2015 - 5:39pm | 795This weekend in Barron's online: the case for jumping into commodities now, the inaugural Income Investing Roundtable, as well as the prospects for Caterpillar, Becton Dickinson, Hertz, PICO and more. Cover Story "Time to Buy Commodities" by Andrew Bary. The harsh sell-off in oil, gold and other...
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Wall Street Analysts Can't Agree On Zillow
Wednesday, August 5, 2015 - 12:44pm | 761Zillow Group Inc (NASDAQ: Z) reported its second-quarter results after Tuesday's market close. The company reported a loss of $0.46 per share (non-GAAP loss of $0.01) on revenue of $171.3 million, while the Street was looking for a loss of $0.27 per share on sales of $169.17 million. After...
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Pacific Crest Chooses Criteo, LinkedIn, HomeAway and Google Among Internet Companies
Monday, July 13, 2015 - 10:06am | 470Pacific Crest's Evan Wilson released a cautious note on ad-driven Internet companies over the weekend, noting that he expects the "tough stretch of earnings reports" to continue into Q2. Wilson said that "the overarching trend of decelerating user growth is worrisome relative...
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Why Did Zillow's CFO Just Resign?
Friday, July 10, 2015 - 8:48am | 289Zillow Group Inc (NASDAQ: Z) on Thursday announced its Chief Financial Officer Chad Cohen will resign from the company effective August 7. Cohen has been with the company since 2006 and was named CFO in 2011. In a report published Friday, SunTrust Robinson Humphrey analyst Bob Peck suggested that...
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RBC Capital, Canaccord Weigh In On Zillow
Wednesday, May 13, 2015 - 2:17pm | 560Zillow Group Inc (NASDAQ: Z) posted first quarter 2015 results on May 12. The online real estate database posted wider losses than anticipated but strong mobile growth. Much of the report reflected the Trulia acquisition; the competitor bought by Zillow in February for $2.5 billion. Zillow...
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What The Street Sees Behind Zillow's Numbers
Wednesday, May 13, 2015 - 12:37pm | 279In research notes Wednesday, analysts on Wall Street showed solidarity in the reading of Zillow Group Inc (NASDAQ: Z)'s Q1 earnings report, though the analysis moving forward is quite mixed. Both SunTrust and Benchmark maintained their Buy ratings with $130 and $135 price targets...
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Here's How Acquiring Trulia Will Affect Zillow's Q1 Earnings
Tuesday, May 12, 2015 - 11:11am | 439Online real estate database, Zillow Group Inc (NASDAQ: Z), is set to report first quarter earnings Tuesday after the closing bell. This is the first quarter that Zillow's earnings will reflect its acquisition of former rival Trulia. The merger gives Zillow approximately 60 percent control of...
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Zillow Warns That 2015 Will Be A 'Transition' Year
Tuesday, April 14, 2015 - 9:49am | 265Shares of Zillow Group Inc (NASDAQ: Z) were halted during Tuesday's pre-market trading session ahead of a planned conference call with investors. The company began a conference call at 9 a.m. in which management discussed its acquisition of Trulia, which closed on February 17. The company is also...