Paramount Group (PGRE) Expected to Announce Quarterly Earnings on Wednesday

Paramount Group (NYSE:PGRE - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $180.79 million for the quarter. Paramount Group has set its FY 2025 guidance at 0.510-0.570 EPS.

Paramount Group (NYSE:PGRE - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. Paramount Group had a negative net margin of 27.92% and a negative return on equity of 5.26%. The company had revenue of $186.27 million during the quarter, compared to the consensus estimate of $180.41 million. On average, analysts expect Paramount Group to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paramount Group Stock Performance

PGRE stock traded up $0.01 during midday trading on Monday, reaching $4.40. 272,857 shares of the company's stock traded hands, compared to its average volume of 1,640,858. The firm has a market capitalization of $963.49 million, a PE ratio of -4.48 and a beta of 1.10. The company has a 50-day moving average price of $4.25 and a two-hundred day moving average price of $4.65. Paramount Group has a 52 week low of $3.75 and a 52 week high of $5.47. The company has a debt-to-equity ratio of 0.91, a quick ratio of 4.45 and a current ratio of 4.45.

Insider Activity

In related news, CEO Albert P. Behler acquired 10,000 shares of the stock in a transaction dated Friday, March 21st. The shares were purchased at an average price of $4.15 per share, for a total transaction of $41,500.00. Following the transaction, the chief executive officer now owns 751,812 shares in the company, valued at $3,120,019.80. This represents a 1.35 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 13.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Morgan Stanley reissued an "underweight" rating and set a $3.25 price objective on shares of Paramount Group in a report on Tuesday, April 15th. StockNews.com lowered shares of Paramount Group from a "hold" rating to a "sell" rating in a research report on Wednesday, April 23rd. Finally, Mizuho decreased their target price on shares of Paramount Group from $6.00 to $5.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th.

Paramount Group Company Profile

Paramount Group, Inc ("Paramount" or the "Company") is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.