Stockideas

Zillow Group, Inc
(NASDAQ:Z)
Zillow Group, Inc

Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and websites in the United States. It operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The company's mobile applications and websites offers various real estate transactions and related services, including buying, selling, renting, and financing services for residential real estate properties; purchase and sale...
Founded: 2004
Full Time Employees: 5,504
CEO / Co-Founder: Richard Barton 
Sector: Communication Services
Industry: Internet Content & Information
Next Earnings Date: 2023-02-09
Stock price: $38.71 (+1.02%)
This is the end game for real estate stocks
By: bahnhopf Ich bin gut   💬 25   
   on Nov 14, 2022

Those real estate websites and house flippers are being pumped and within one day the prices are going back to almost where it was. They won’t make through the hikes for sure. $rdfn $open $z


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Zillow q2 earnings call
By: ssmlee04 Community Lead :))   💬 98   
   on Nov 03, 2021

30% drop in 3 days is brutal, but this is what happens when you can't sell fast enough on the homes that you purchase.

It might not be a bad idea to sell your houses to Zillow. They lose a lot of money selling houses. Maybe there's something wrong with their algo or event they have some insider bad actors doing something bad. It's hard for me to imagine the stock can go up in the short term. $z


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Zillow down 50% is it time to buy?
By: ns11g14aol Nikz   💬 3   
   on Aug 21, 2021

Estate Agent + Mortgage Broker + Reit all in one? $17bn market cap. Seems pretty cheap https://invezz.com/news/2021/08/20/heres-why-josh-brown-bought-zillow-group-stock/ $Z


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IPOB
By: ssmlee04 Community Lead :))   💬 98   
   on Dec 15, 2020

This one is going to merge with Opendoor and it's has ~4 times home sales than Zillow in 2019. And according to some user interviews, people prefer Opendoor more than the other two apps.

Also even the current price $29.48 of IPOB puts them at EV/S around 2.7 which is still relatively cheap compared to Zillow. $IPOB $Z $RDFN


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Things that I regret in 2019
By: ssmlee04 Community Lead :))   💬 98   
   on Jan 04, 2020

I made a few mistakes that I think is worth mentioning in 2019. But hey it's a learning process maybe anyone can discuss and learn something.

$GH. They announced good results in their liquid biopsy tests. And their price went up from $40 to around $105 very quickly. And then it dropped back to $60. And then go to $110 area again before coming down to $60 area again. I am invested in this company since Feb and unfortunately I didn't sell at the highs. I even added a little when it dropped back from $110 to $80 so my total investment result for this is much less than 100%. After July they're kind of in the middle of the whole Softbank-WeWork fiasco and I am not sure if that negatively impacted their share price in any way. So even when they have one of the best earnings calls in the entire market, the price seemed to be priced-in or even inflated already. They still have a high EV/S ratio of about 30-60 now. And I think it's about 20x 2021 EV/S. So maybe I am just being too optimistic about this company that's all. Their buzz word is "Conquer cancer with data". So it seems too good to be true.

$WORK. Slack is one of the apps I have to use everyday at work. It's also quite popular here in North America so I thought it's a good long term investment. At the time of investment I didn't know Microsoft has a product called Teams that's competing with them. So when the news came out that Microsoft Teams daily active user surpassed theirs and the price dropped like 5-10% after the news. And I was totally unprepared. Luckily I don't have it anymore after the news. Also, the insiders are selling almost everyday. It's really laughable how you'd want to compete with Microsoft when your product is only a desktop app and does nothing really special.

$Z. I have been looking at Zillow for years. I was looking to invest in Z since the a year ago when they announced they're gonna enter the buy and sell housing market. And the story feels right because they have scale, also they're the go to app for you to view the listings nearby. Their competitor, Redfin, is also really good, but in my opinion they're just not as popular. Zillow revenue basically accelerated this year but the price seems to be not going anywhere. So I was counting on the technicals to drive down the price more so that I can buy this company. And surprisingly the price double-bottomed in October and immediately moved higher 50%. https://i.earningsfly.com/Z_estimate_img.png

$TSLA. Elon purchased another 20m worth of Tesla in May. And it dipped to around $180 area. I was waiting for it to drop more because even though it's relative obvious they're on track of becoming no.1 car companies in the world, their stocks are just lagging in the past few years. Also the bears are constantly talking about shorting Tesla so I was hoping for the price to drop more so that I can buy. In retrospect if you know a company is going to do well then maybe the best idea is to just buy and wait for it to move again whenever there's a chance.

There are many more smaller regrets that I'd like to share. But these are the more decisive ones. Maybe this is how you get punished in a bull market but who knows maybe this waiting pays off in a financial crisis. We'll see.


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Zillow 2019 Q3 Result
By: ssmlee04 Community Lead :))   💬 98   
   on Nov 11, 2019

Zillow volatility has generally been high during earnings date and today the price jumped 12% on good earnings. There are a few good things I see in this earnings report:

  • Raised 1.2 billion of cash. (probably long term debt is up to around 2b)
  • Sold 1211 homes in Q3 through its direct homebuying platform, and this accounted for more than half the company’s total revenue (384.6m out of 745.2m).
  • Zillow Offers Q3 loss is 87.9 million.
  • Q4 Zillow Offers revenue estimate is between 465 and $490.

This looks like they can achieve scale before expenses.

From their website they have the following:

Zillow Offers™ is Zillow’s new home-buying program. It’s an easier way to sell your home with less hassle on a timeline that works for you. If your home is in a participating market, you can request a cash offer from Zillow in a few simple steps. Unlike a traditional or for-sale-by-owner transaction, your home is never listed, so you avoid showings, open houses and home prep. If you choose to move forward with an offer, your dedicated Zillow Offers Advisor will work with you throughout the process. If you decide to list your home for sale instead, we can connect you with a trusted local agent who advertises on Zillow. Not a seller? We have answers for real estate agents too.

I remember seeing articles saying their offer is 15% below market price. And if they sell 10% higher than market price then that means they can make 25% a house per house price sold.

This looks like a very interesting company to me. $Z


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Question about Rdfn and Z
By: dragonfly goblin   💬 13   
   on Oct 13, 2019

Does anyone know the difference between $z and $rdfn ? Are they both good bets for the US real estate markets?


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Z
By: ssmlee04 Community Lead :))   💬 98   
   on Sep 10, 2019

The sentiment in the market is the US would probably go into negative rates and if this is happening maybe it would be great for real estate companies. I have always wanted to invest in Z because it changes the way we buy and sell houses. Also since they're doing house flipping nowadays I think that's a good thing compare to individuals doing it because that means they can do it at a scale with higher margins, higher turn over rates and I think it might be good in the long run.


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morning star
By: ssmlee04 Community Lead :))   💬 98   
   on May 03, 2019

I am usually a big ban of the 1-2 ticker symbols. I feel like this means they have more bargaining power that they can negatoate themselves the best ticker possible. To me even the ticker Z justifies owning a position in the company, and the morning star seems to tell me that the stock probably can't go much lower in the very short term.


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