Paramount Group Company Profile (NASDAQ:PGRE)

About Paramount Group

Paramount Group logoParamount Group, Inc. is a real estate investment trust (REIT) focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City, Washington, District of Columbia (D.C.) and San Francisco. The Company conducts its business primarily through Paramount Group Operating Partnership LP. It operates through the segment, which includes operating, leasing and managing office properties. Its portfolio consists of over 12 Class A office properties aggregating approximately 10.4 million square feet. It also has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals. The Company's private equity real estate funds (the Property Funds) invest in office buildings and related facilities primarily in New York City, Washington, D.C. and San Francisco.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: PGRE
  • CUSIP:
Key Metrics:
  • Previous Close: $17.05
  • 50 Day Moving Average: $16.73
  • 200 Day Moving Average: $16.48
  • 52-Week Range: $14.58 - $18.28
  • Trailing P/E Ratio: 907.89
  • Foreward P/E Ratio: 287.50
  • P/E Growth: -1.89
  • Market Cap: $3.81B
  • Outstanding Shares: 221,111,000
Additional Links:

Analyst Ratings

Consensus Ratings for Paramount Group (NASDAQ:PGRE) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $17.83 (3.38% upside)

Analysts' Ratings History for Paramount Group (NASDAQ:PGRE)
Show:
DateFirmActionRatingPrice TargetDetails
12/13/2016Wells Fargo & CoUpgradeMarket Perform -> OutperformView Rating Details
12/12/2016Morgan StanleyDowngradeOverweight -> Equal WeightView Rating Details
11/7/2016MizuhoLower Price TargetNeutral$17.00 -> $16.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
7/18/2016Deutsche Bank AGBoost Price TargetBuy$20.00 -> $21.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Paramount Group (NASDAQ:PGRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/22/2017Q416$0.20$0.18$171.95 million$166.80 millionViewN/AView Earnings Details
11/2/2016Q316$0.19$0.20$166.14 million$171.32 millionViewN/AView Earnings Details
8/4/2016Q216$0.20$0.23$159.90 million$172.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Paramount Group (NASDAQ:PGRE)
Current Year EPS Consensus Estimate: $-0.12 EPS
Next Year EPS Consensus Estimate: $0.06 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.22$0.22$0.22
Q2 20161$0.21$0.21$0.21
Q3 20161$0.19$0.19$0.19
Q4 20161$0.20$0.20$0.20
Q1 20171$0.21$0.21$0.21
Q2 20171$0.20$0.20$0.20
Q3 20171$0.22$0.22$0.22
Q4 20171$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Paramount Group (NASDAQ:PGRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/16/2016quarterly$0.102.36%12/28/201612/30/20161/13/2017
9/16/2016quarterly$0.102.29%9/28/20169/30/201610/14/2016
6/16/2016quarterly$0.102.39%6/28/20166/30/20167/15/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Paramount Group (NASDAQ:PGRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016Katharina Otto-BernsteinDirectorBuy100,000$15.59$1,559,000.00View SEC Filing  
11/29/2016Katharina Otto-BernsteinDirectorBuy100,000$15.69$1,569,000.00View SEC Filing  
11/22/2016Katharina Otto-BernsteinDirectorBuy100,000$15.74$1,574,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Paramount Group (NASDAQ:PGRE)
DateHeadline
4-traders.com logoParamount Group, Inc. (NYSE:PGRE) Files An 8-K Results of Operations and Financial Condition (NASDAQ:PGRE)
www.4-traders.com - February 22 at 7:20 PM
finance.yahoo.com logo$1.1 bln in defence contracts announced on third day of Abu Dhabi expo (NASDAQ:PGRE)
finance.yahoo.com - February 21 at 5:41 PM
4-traders.com logoParamount : Announces That Its Entire Portfolio Achieves Gold or Platinum LEED Certification (NASDAQ:PGRE)
www.4-traders.com - February 13 at 9:18 AM
News IconInvitation Homes Trades Higher in Market Debut (NASDAQ:PGRE)
mundoaguaysaneamiento.net - February 2 at 2:24 AM
reuters.com logoInvitation Homes raises $1.54 billion in IPO: source (NASDAQ:PGRE)
in.reuters.com - February 1 at 9:23 PM
News IconParamount Group Inc (NYSE:PGRE) Divests Waterview for $460 Million (NASDAQ:PGRE)
stockmarketdaily.co - February 1 at 9:23 PM
capitalcube.com logoParamount Group, Inc. breached its 50 day moving average in a Bearish Manner : PGRE-US : December 26, 2016 (NASDAQ:PGRE)
www.capitalcube.com - December 26 at 9:38 AM
4-traders.com logoParamount : Property Management Stocks Under Scanner -- CBRE Group, Washington Prime, and Paramount (NASDAQ:PGRE)
www.4-traders.com - December 22 at 7:31 PM
us.rd.yahoo.com logoParamount Group upgraded by Wells Fargo (NASDAQ:PGRE)
us.rd.yahoo.com - December 13 at 7:38 PM
capitalcube.com logoParamount Group, Inc. breached its 50 day moving average in a Bullish Manner : PGRE-US : December 6, 2016 (NASDAQ:PGRE)
www.capitalcube.com - December 6 at 9:23 AM
marketexclusive.com logoWells Fargo & Co. has upgraded the stock of Paramount Group Inc (NASDAQ:PGRE) (NASDAQ:PGRE)
marketexclusive.com - December 1 at 7:05 PM
nasdaq.com logoJuly 2017 Options Now Available For Paramount Group (PGRE) (NASDAQ:PGRE)
www.nasdaq.com - November 21 at 7:20 PM
capitalcube.com logoETF’s with exposure to Paramount Group, Inc. : November 7, 2016 (NASDAQ:PGRE)
www.capitalcube.com - November 7 at 7:34 PM
marketnewsvideo.com logoParamount Group Larger Than S&P 500 Component Urban Outfitters (NASDAQ:PGRE)
www.marketnewsvideo.com - February 26 at 1:52 PM
biz.yahoo.com logoPARAMOUNT GROUP, INC. Files SEC form 10-K, Annual Report (NASDAQ:PGRE)
biz.yahoo.com - February 25 at 5:21 PM
capitalcube.com logoParamount Group, Inc. Earnings Analysis: 2015 By the Numbers (NASDAQ:PGRE)
www.capitalcube.com - February 25 at 11:04 AM
finance.yahoo.com logoEdited Transcript of PGRE earnings conference call or presentation 24-Feb-16 3:00pm GMT (NASDAQ:PGRE)
finance.yahoo.com - February 24 at 5:12 PM
sg.finance.yahoo.com logoParamount Group reports 4Q results (NASDAQ:PGRE)
sg.finance.yahoo.com - February 23 at 5:57 PM
biz.yahoo.com logoPARAMOUNT GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NASDAQ:PGRE)
biz.yahoo.com - February 23 at 4:46 PM
finance.yahoo.com logoParamount Announces Fourth Quarter 2015 Results (NASDAQ:PGRE)
finance.yahoo.com - February 23 at 4:15 PM
biz.yahoo.com logoQ4 2015 Paramount Group Inc Earnings Release - After Market Close (NASDAQ:PGRE)
biz.yahoo.com - February 23 at 7:07 AM
finance.yahoo.com logoParamount Group, Inc. Announces Release Date for Fourth Quarter 2015 Results (NASDAQ:PGRE)
finance.yahoo.com - February 4 at 4:15 PM
finance.yahoo.com logoShould You Buy Paramount Group (PGRE) Ahead of Earnings? (NASDAQ:PGRE)
finance.yahoo.com - February 3 at 8:46 AM
finance.yahoo.com logoCan Snap-on (SNA) Keep its Earnings Streak Alive in Q4? (NASDAQ:PGRE)
finance.yahoo.com - February 1 at 12:30 PM
noodls.com logoParamount Announces Tax Treatment of 2015 Common Stock Dividends (NASDAQ:PGRE)
www.noodls.com - January 15 at 6:05 PM
capitalcube.com logoParamount Group, Inc. breached its 50 day moving average in a Bearish Manner : January 5, 2016 (NASDAQ:PGRE)
www.capitalcube.com - January 5 at 8:42 AM
capitalcube.com logoParamount Group, Inc. breached its 50 day moving average in a Bearish Manner : December 21, 2015 (NASDAQ:PGRE)
www.capitalcube.com - December 21 at 9:13 AM
noodls.com logoParamount Announces Regular Quarterly Dividend (NASDAQ:PGRE)
www.noodls.com - December 15 at 4:55 PM
biz.yahoo.com logoPARAMOUNT GROUP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:PGRE)
biz.yahoo.com - December 14 at 5:25 PM
capitalcube.com logoParamount Group, Inc. breached its 50 day moving average in a Bullish Manner : December 7, 2015 (NASDAQ:PGRE)
www.capitalcube.com - December 7 at 9:18 AM
biz.yahoo.com logoPARAMOUNT GROUP, INC. Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Bal (NASDAQ:PGRE)
biz.yahoo.com - December 2 at 4:33 PM
noodls.com logoParamount Completes $1.0 Billion Refinancing of 1633 Broadway (NASDAQ:PGRE)
www.noodls.com - December 1 at 5:17 PM
capitalcube.com logoParamount Group, Inc. Earnings Q3, 2015 (NASDAQ:PGRE)
www.capitalcube.com - November 27 at 10:30 AM
biz.yahoo.com logoPARAMOUNT GROUP, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:PGRE)
biz.yahoo.com - November 12 at 5:59 PM
finance.yahoo.com logoEdited Transcript of PGRE earnings conference call or presentation 6-Nov-15 3:00pm GMT (NASDAQ:PGRE)
finance.yahoo.com - November 6 at 4:27 PM
noodls.com logoParamount Announces Third Quarter 2015 Results (NASDAQ:PGRE)
www.noodls.com - November 5 at 4:41 PM

Social

What is Paramount Group's stock symbol?

Paramount Group trades on the NASDAQ under the ticker symbol "PGRE."

How often does Paramount Group pay dividends? What is the dividend yield for Paramount Group?

Paramount Group announced a quarterly dividend on Friday, December 16th. Shareholders of record on Friday, December 30th will be given a dividend of $0.095 per share on Friday, January 13th. This represents a $0.38 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Wednesday, December 28th.

Where is Paramount Group's stock going? Where will Paramount Group's stock price be in 2017?

5 brokerages have issued 12-month target prices for Paramount Group's stock. Their predictions range from $16.00 to $21.00. On average, they anticipate Paramount Group's stock price to reach $17.83 in the next year.

When will Paramount Group announce their earnings?

Paramount Group is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

Who owns Paramount Group stock?

Paramount Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (2.79%), State Street Corp (1.21%), Dimensional Fund Advisors LP (0.91%), Russell Investments Group Ltd. (0.47%), Renaissance Technologies LLC (0.36%) and NWQ Investment Management Company LLC (0.16%).

Who sold Paramount Group stock? Who is selling Paramount Group stock?

Paramount Group's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, NWQ Investment Management Company LLC, Tudor Investment Corp Et Al, Menta Capital LLC, Guggenheim Capital LLC and Independent Order of Foresters.

Who bought Paramount Group stock? Who is buying Paramount Group stock?

Paramount Group's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP, Marshall Wace LLP, Employees Retirement System of Texas, Heitman Real Estate Securities LLC, GSA Capital Partners LLP, Credit Agricole S A and Asset Management One Co. Ltd..

How do I buy Paramount Group stock?

Shares of Paramount Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Paramount Group stock cost?

One share of Paramount Group stock can currently be purchased for approximately $17.25.

Paramount Group (NASDAQ:PGRE) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Paramount Group (NASDAQ:PGRE)

Earnings History Chart

Earnings by Quarter for Paramount Group (NASDAQ:PGRE)

Dividend History Chart

Dividend Payments by Quarter for Paramount Group (NASDAQ:PGRE)

Last Updated on 2/25/2017 by MarketBeat.com Staff