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AMD   181.86 (+10.69%)
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GE   151.67 (+1.74%)
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PYPL   58.35 (+1.51%)
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MSFT   411.65 (+2.35%)
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AMZN   174.58 (+3.55%)
TSLA   197.41 (+1.36%)
NVDA   785.38 (+16.40%)
NIO   5.85 (-2.01%)
AMD   181.86 (+10.69%)
BABA   76.12 (+0.70%)
T   16.59 (-2.41%)
F   12.12 (-0.16%)
MU   85.91 (+5.42%)
CGC   3.37 (-2.03%)
GE   151.67 (+1.74%)
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NYSE:PGRE

Paramount Group (PGRE) Stock Price, News & Analysis

$4.59
-0.12 (-2.55%)
(As of 02/22/2024 ET)
Today's Range
$4.59
$4.73
50-Day Range
$4.46
$5.58
52-Week Range
$3.90
$5.92
Volume
1.30 million shs
Average Volume
1.40 million shs
Market Capitalization
$997.73 million
P/E Ratio
N/A
Dividend Yield
3.05%
Price Target
$4.40

Paramount Group MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
4.1% Downside
$4.40 Price Target
Short Interest
Healthy
3.40% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.87
Upright™ Environmental Score
News Sentiment
0.13mentions of Paramount Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-25.00%
From $0.76 to $0.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Finance Sector

446th out of 837 stocks

Real Estate Investment Trusts Industry

101st out of 176 stocks


PGRE stock logo

About Paramount Group Stock (NYSE:PGRE)

Headquartered in New York City, Paramount Group, Inc. 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 City 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.

PGRE Stock Price History

PGRE Stock News Headlines

Paramount Group (NYSE:PGRE) Rating Lowered to Sell at StockNews.com
PGRE Mar 2024 7.500 call
Shocking Bank Secret of the Ultra-Rich
A 229-year-old banking secret is behind some of the wealthiest, most powerful dynasties in American history –  here's how it could help you in 2024.
PGRE Mar 2024 2.500 put
Q4 2023 Paramount Group Inc Earnings Call
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Paramount Announces Fourth Quarter 2023 Results
Paramount Announces Fourth Quarter 2023 Results
Paramount Group (PGRE) to Release Quarterly Earnings on Wednesday
Is Paramount Plus worth it?
Paramount Group Inc (PGRE)
Paramount Modifies and Extends Loan at One Market Plaza
Piedmont Office declares $0.125 dividend
Paramount: Ride The Bids Higher
See More Headlines
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Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 1/12 Dividend
12/28/2023
Dividend Payable
1/12/2024
Today
2/22/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Previous Symbol
NASDAQ:PGRE
Fax
N/A
Employees
329
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.40
High Stock Price Target
$6.00
Low Stock Price Target
$3.50
Potential Upside/Downside
-4.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$-259,740,000.00
Pretax Margin
-49.80%

Debt

Sales & Book Value

Annual Sales
$742.79 million
Book Value
$18.47 per share

Miscellaneous

Free Float
194,760,000
Market Cap
$997.73 million
Optionable
Optionable
Beta
1.24
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Key Executives

  • Mr. Albert P. Behler (Age 72)
    Chairman, CEO & President
    Comp: $3.08M
  • Mr. Wilbur Paes CPA (Age 47)
    COO, CFO & Treasurer
    Comp: $1.92M
  • Mr. Gage Johnson (Age 62)
    Senior VP, General Counsel & Secretary
    Comp: $862.87k
  • Mr. Peter R.C. Brindley (Age 47)
    Executive VP & Head of Real Estate
    Comp: $1.5M
  • Ms. Ermelinda Berberi (Age 43)
    Senior VP & Chief Accounting Officer
  • Mr. Thomas Francis Hennessy III
    Vice President of Business Development & Investor Relations
  • Mr. Vito Messina (Age 61)
    Senior Vice President of Asset Management
  • Mr. David S. Eaton
    Senior Vice President of Leasing














PGRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Paramount Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" PGRE shares.
View PGRE analyst ratings
or view top-rated stocks.

What is Paramount Group's stock price target for 2024?

4 Wall Street research analysts have issued 12 month target prices for Paramount Group's shares. Their PGRE share price targets range from $3.50 to $6.00. On average, they anticipate the company's stock price to reach $4.40 in the next twelve months. This suggests that the stock has a possible downside of 4.1%.
View analysts price targets for PGRE
or view top-rated stocks among Wall Street analysts.

How have PGRE shares performed in 2024?

Paramount Group's stock was trading at $5.17 at the beginning of 2024. Since then, PGRE shares have decreased by 11.2% and is now trading at $4.59.
View the best growth stocks for 2024 here
.

Are investors shorting Paramount Group?

Paramount Group saw a decrease in short interest in January. As of January 31st, there was short interest totaling 6,310,000 shares, a decrease of 23.7% from the January 15th total of 8,270,000 shares. Based on an average trading volume of 1,630,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 3.4% of the company's shares are sold short.
View Paramount Group's Short Interest
.

When is Paramount Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our PGRE earnings forecast
.

How were Paramount Group's earnings last quarter?

Paramount Group, Inc. (NYSE:PGRE) posted its earnings results on Wednesday, April, 27th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.21. Paramount Group had a negative net margin of 34.97% and a negative trailing twelve-month return on equity of 6.07%. During the same period in the previous year, the firm earned $0.23 EPS.

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

Paramount Group declared a quarterly dividend on Friday, December 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.035 per share on Friday, January 12th. This represents a $0.14 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for PGRE
.

Is Paramount Group a good dividend stock?

Paramount Group (NYSE:PGRE) pays an annual dividend of $0.14 per share and currently has a dividend yield of 2.98%.
Read our dividend analysis for PGRE.

What guidance has Paramount Group issued on next quarter's earnings?

Paramount Group issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 0.730-0.790 for the period, compared to the consensus EPS estimate of 0.650. The company issued revenue guidance of -.

What is Albert P Behler's approval rating as Paramount Group's CEO?

5 employees have rated Paramount Group Chief Executive Officer Albert P Behler on Glassdoor.com. Albert P Behler has an approval rating of 55% among the company's employees. This puts Albert P Behler in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Paramount Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Paramount Group investors own include Advanced Micro Devices (AMD), Simon Property Group (SPG), American Homes 4 Rent (AMH), Bed Bath & Beyond (BBBY), Cisco Systems (CSCO), Ford Motor (F), Freeport-McMoRan (FCX), Kimco Realty (KIM) and Kinder Morgan (KMI).

When did Paramount Group IPO?

(PGRE) raised $2.3 billion in an IPO on Wednesday, November 19th 2014. The company issued 131,000,000 shares at $16.00-$19.00 per share. BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities and Deutsche Bank Securities acted as the underwriters for the IPO and Citigroup, Credit Suisse, Goldman Sachs, J.P. Morgan, RBC Capital Markets and UBS Investment Bank were co-managers.

Who are Paramount Group's major shareholders?

Paramount Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.77%), Norges Bank (4.85%), Balyasny Asset Management L.P. (2.22%), Charles Schwab Investment Management Inc. (2.19%), Legal & General Group Plc (1.92%) and Centersquare Investment Management LLC (1.34%). Insiders that own company stock include Albert P Behler, Gage R Johnson and Thomas Armbrust.
View institutional ownership trends
.

How do I buy shares of Paramount Group?

Shares of PGRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PGRE) was last updated on 2/22/2024 by MarketBeat.com Staff