Overview Dividends

(ZG) Zillow - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US98954M1018

Marketplace, Agent, Mortgage, Rentals, Advertising

Real Estate Development
Market Cap in USD: 17,274m

IPO / Inception: 2011-07-20
Return 12m vs S&P 500: -17.8%

EPS (Earnings per Share)

EPS CAGR: 131.64%
EPS Trend: 36.9%

Last SUE: 0.42
Qual. Beats: 0

Revenue

Rev. CAGR: 6.44%
Rev. Trend: 71.3%

Last SUE: 0.54
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	45.0%
Value at Risk 5%th	66.6%
Relative Tail Risk	-9.96%

Reward TTM
Sharpe Ratio	-0.06
Alpha	-23.90
CAGR/Max DD	0.82

Character TTM
Hurst Exponent	0.434
Beta	1.097
Beta Downside	1.029

Drawdowns 3y
Max DD	37.57%
Mean DD	13.32%
Median DD	11.96%

Description: ZG Zillow December 19, 2025

Zillow Group Inc. (NASDAQ:ZG) operates a suite of U.S. real-estate brands across mobile apps and websites, including Zillow Premier Agent, Zillow Home Loans, Zillow Rentals, Trulia, StreetEasy, HotPads, and Out East. Its platform connects buyers, sellers, renters, and agents while also offering advertising, display ads, and business-technology solutions such as dotloop, ShowingTime+, Spruce, and Follow Up Boss.

Beyond marketplace services, Zillow generates revenue from mortgage origination and sales, as well as title and escrow services. The company’s SaaS transaction-management product dotloop is a growing profit center, contributing roughly 12% of total subscription revenue in Q3 2024.

Key performance indicators as of the latest quarter (Q3 2024) include $3.2 billion in total revenue (up 8% YoY), a 45% increase in active monthly users on its rental platform, and a 6.5% margin on mortgage-originated loan volume. The business remains sensitive to macro-factors such as U.S. mortgage rates (currently ~6.9% on a 30-year fixed) and housing inventory levels, which drive both transaction volume and advertising spend.

Sector-wide, the real-estate tech market is consolidating, with a base-rate annual growth of ~4% in digital-first home-search activity, while competition from Redfin and Opendoor intensifies pressure on pricing power.

For a deeper dive into Zillow’s valuation metrics, ValueRay offers a concise dashboard worth checking out.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (-32.0m TTM) > 0 and > 6% of Revenue (6% = 149.0m TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA 1.05pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 61.82% (prev 84.18%; Δ -22.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 418.0m > Net Income -32.0m (YES >=105%, WARN >=100%)

Net Debt (-507.0m) to EBITDA (272.0m) ratio: -1.86 <= 3.0 (WARN <= 3.5)

Current Ratio 3.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (256.2m) change vs 12m ago 10.20% (target <= -2.0% for YES)

Gross Margin 74.87% (prev 76.44%; Δ -1.57pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 41.88% (prev 35.01%; Δ 6.88pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -0.38 (EBITDA TTM 272.0m / Interest Expense TTM 21.0m) >= 6 (WARN >= 3)

Altman Z'' -2.07

(A) 0.27 = (Total Current Assets 2.12b - Total Current Liabilities 584.0m) / Total Assets 5.70b

(B) -0.33 = Retained Earnings (Balance) -1.86b / Total Assets 5.70b

(D) -2.63 = Book Value of Equity -1.86b / Total Liabilities 706.0m

Total Rating: -2.07 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.08

1. Piotroski 4.0pt

2. FCF Yield 1.63%

3. FCF Margin 10.67%

4. Debt/Equity 0.07

5. Debt/Ebitda -1.86

6. ROIC - WACC (= -9.99)%

7. RoE -0.66%

8. Rev. Trend 71.35%

9. EPS Trend 36.92%

What is the price of ZG shares?

As of December 29, 2025, the stock is trading at USD 69.59 with a total of 727,647 shares traded.
Over the past week, the price has changed by +2.40%, over one month by -3.81%, over three months by -10.72% and over the past year by -2.40%.

Is ZG a buy, sell or hold?

Zillow has received a consensus analysts rating of 3.76. Therefor, it is recommend to hold ZG.

Strong Buy: 9
Buy: 5
Hold: 14
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the ZG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	88.2	26.8%
Analysts Target Price	88.2	26.8%
ValueRay Target Price	68.8	-1.2%

ZG Fundamental Data Overview December 27, 2025

Market Cap USD = 17.27b (17.27b USD * 1.0 USD.USD)
P/E Forward = 33.67
P/S = 6.9571
P/B = 3.3384
P/EG = 1.4045
Beta = 2.068
Revenue TTM = 2.48b USD
EBIT TTM = -8.00m USD
EBITDA TTM = 272.0m USD
Long Term Debt = 95.0m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 285.0m USD (from shortTermDebt, last quarter)
Debt = 367.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -507.0m USD (from netDebt column, last quarter)
Enterprise Value = 16.25b USD (17.27b + Debt 367.0m - CCE 1.39b)
Interest Coverage Ratio = -0.38 (Ebit TTM -8.00m / Interest Expense TTM 21.0m)
FCF Yield = 1.63% (FCF TTM 265.0m / Enterprise Value 16.25b)
FCF Margin = 10.67% (FCF TTM 265.0m / Revenue TTM 2.48b)
Net Margin = -1.29% (Net Income TTM -32.0m / Revenue TTM 2.48b)
Gross Margin = 74.87% ((Revenue TTM 2.48b - Cost of Revenue TTM 624.0m) / Revenue TTM)
Gross Margin QoQ = 72.63% (prev 74.66%)
Tobins Q-Ratio = 2.85 (Enterprise Value 16.25b / Total Assets 5.70b)
Interest Expense / Debt = 0.82% (Interest Expense 3.00m / Debt 367.0m)
Taxrate = 16.67% (2.00m / 12.0m)
NOPAT = -6.67m (EBIT -8.00m * (1 - 16.67%)) [loss with tax shield]
Current Ratio = 3.63 (Total Current Assets 2.12b / Total Current Liabilities 584.0m)
Debt / Equity = 0.07 (Debt 367.0m / totalStockholderEquity, last quarter 4.99b)
Debt / EBITDA = -1.86 (Net Debt -507.0m / EBITDA 272.0m)
Debt / FCF = -1.91 (Net Debt -507.0m / FCF TTM 265.0m)
Total Stockholder Equity = 4.83b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.56% (Net Income -32.0m / Total Assets 5.70b)
RoE = -0.66% (Net Income TTM -32.0m / Total Stockholder Equity 4.83b)
RoCE = -0.16% (EBIT -8.00m / Capital Employed (Equity 4.83b + L.T.Debt 95.0m))
RoIC = -0.13% (negative operating profit) (NOPAT -6.67m / Invested Capital 5.25b)
WACC = 9.86% (E(17.27b)/V(17.64b) * Re(10.06%) + D(367.0m)/V(17.64b) * Rd(0.82%) * (1-Tc(0.17)))
Discount Rate = 10.06% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.88%
[DCF Debug] Terminal Value 61.93% ; FCFE base≈247.8m ; Y1≈162.7m ; Y5≈74.4m
Fair Price DCF = 21.87 (DCF Value 1.09b / Shares Outstanding 49.6m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 36.92 | EPS CAGR: 131.6% | SUE: 0.42 | # QB: 0
Revenue Correlation: 71.35 | Revenue CAGR: 6.44% | SUE: 0.54 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.52 | Chg30d=+0.000 | Revisions Net=+2 | Analysts=10
EPS next Year (2026-12-31): EPS=2.22 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+33.7% | Growth Revenue=+14.5%

Additional Sources for ZG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle