Zillow Group Inc

Zillow Group Inc(Z)のニュースとイベント

$35.660

+0.232 (+0.65%)終値時点

Z のニュース

Z のイベント

8/24 16:30

Citi Reiterates Buy Rating on Zillow, Price Target $52

Citi notes that the FTC and five states announced that their litigation against Zillow's (ZG) partnership with Rocket Companies' (RKT) Redfin has been resolved and allows Zillow and Redfin to maintain their existing rentals syndication agreement through at least June 30, 2030. The resolution maintaining the syndication agreement removes a key overhang on Zillow as the company expands its rental listings supply, says the analyst, who reiterates a Buy rating and $52 price target on the shares.

8/24 09:30

Zillow Reaches Agreement with FTC, Continues Partnership with Redfin

Zillow Group announced a resolution with the Federal Trade Commission, or FTC, and five states regarding its multifamily rental listings syndication agreement with Redfin. Zillow has consistently maintained the partnership with Redfin is pro-consumer and procompetitive, and we're pleased to have found a resolution that enables its continuation. The partnership will continue, and the listings syndication will remain intact across Zillow, Trulia, HotPads, Rent.com, ApartmentGuide and Redfin. In 2027, Zillow and Redfin will offer standalone multifamily advertising products in addition to the existing partnership - giving housing providers even more flexibility in how they work with Zillow.

8/24 09:30

FTC and Five States Reach Agreement to Restore Competition Between Zillow and Redfin

The Federal Trade Commission, joined by five states, notified the court that it will file a stipulated order that resolves its litigation against Zillow and Redfin and restores competition in the online platforms that renters use to find apartments and property managers use to list rentals, the agency announced. "The order eliminates the key term in a 2025 agreement between Zillow and Redfin under which Zillow paid Redfin $100 million for Redfin to shut down its internet listing services business, exclusively repost apartment listings provided by Zillow, transition its customers to Zillow and stay out of the ILS market for up to nine years. The order also requires Redfin to reenter the ILS market with far more apartment listings and to make enforceable commitments to invest tens of millions of dollars to ensure Redfin will be a far stronger competitor than it was before the 2025 agreement. Restoring competition in the ILS market is expected to drive down costs and spur innovation that benefits renters and property management companies," the FTC stated.

本ページは調査目的であり、投資助言ではありません。モデルは誤ることがあります。過去の実績は将来の成果を保証しません。

無料で始める