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

Paramount Group (NYSE:PGRE - Get Free Report) is expected to release its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Paramount Group to post earnings of $0.14 per share and revenue of $173.98 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 results on Wednesday, April 30th. The financial services provider reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. The business had revenue of $187.02 million for the quarter, compared to analysts' expectations of $180.79 million. Paramount Group had a negative net margin of 8.76% and a negative return on equity of 1.63%. 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 traded up $0.07 during midday trading on Friday, reaching $6.39. The company had a trading volume of 1,497,263 shares, compared to its average volume of 2,995,446. The company has a debt-to-equity ratio of 0.90, a quick ratio of 5.56 and a current ratio of 5.56. The stock has a market cap of $1.40 billion, a PE ratio of -20.61 and a beta of 1.31. Paramount Group has a 12-month low of $3.75 and a 12-month high of $6.89. The business has a 50-day moving average price of $6.25 and a two-hundred day moving average price of $5.07.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Great Lakes Advisors LLC grew its stake in shares of Paramount Group by 64.5% in the first quarter. Great Lakes Advisors LLC now owns 30,512 shares of the financial services provider's stock worth $131,000 after acquiring an additional 11,964 shares during the period. Strs Ohio bought a new position in shares of Paramount Group in the first quarter worth approximately $142,000. Jacobs Levy Equity Management Inc. bought a new position in shares of Paramount Group in the first quarter worth approximately $322,000. Amundi boosted its position in shares of Paramount Group by 4.6% in the first quarter. Amundi now owns 101,064 shares of the financial services provider's stock worth $416,000 after purchasing an additional 4,459 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Paramount Group by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109,563 shares of the financial services provider's stock worth $471,000 after buying an additional 4,558 shares in the last quarter. 65.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wells Fargo & Company lowered their price target on shares of Paramount Group from $5.00 to $4.50 and set an "underweight" rating on the stock in a research report on Monday, May 19th. Evercore ISI raised shares of Paramount Group from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $4.50 to $8.00 in a report on Tuesday, May 20th. Morgan Stanley reissued an "underweight" rating and issued a $3.25 price target on shares of Paramount Group in a report on Tuesday, April 15th. Mizuho increased their price target on shares of Paramount Group from $5.00 to $6.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. Finally, Wall Street Zen lowered shares of Paramount Group from a "hold" rating to a "sell" rating in a report on Wednesday, April 23rd. Three research analysts have rated the stock with a sell rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $5.44.

About Paramount Group

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.