Paramount Group (PGRE) Stock Price, News & Analysis $5.39 -0.04 (-0.74%) (As of 12/8/2023 08:57 PM ET) Add Compare Share Share Today's Range$5.28▼$5.4350-Day Range$4.25▼$5.4352-Week Range$3.90▼$6.74Volume1.96 million shsAverage Volume1.74 million shsMarket Capitalization$1.17 billionP/E RatioN/ADividend Yield2.60%Price Target$4.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Paramount Group MarketRank™ Stock AnalysisAnalyst RatingReduce1.75 Rating ScoreUpside/Downside18.4% Downside$4.40 Price TargetShort InterestBearish6.02% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.87Upright™ Environmental ScoreNews Sentiment0.42Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-17.44%From $0.86 to $0.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.57 out of 5 starsFinance Sector697th out of 795 stocksReal Estate Investment Trusts Industry149th out of 171 stocks 0.9 Analyst's Opinion Consensus RatingParamount Group has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.40, Paramount Group has a forecasted downside of 18.4% from its current price of $5.39.Amount of Analyst CoverageParamount Group has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.02% of the float of Paramount Group has been sold short.Short Interest Ratio / Days to CoverParamount Group has a short interest ratio ("days to cover") of 8.5.Change versus previous monthShort interest in Paramount Group has recently decreased by 1.38%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldParamount Group pays a meaningful dividend of 2.58%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthParamount Group does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Paramount Group will have a dividend payout ratio of 19.72% next year. This indicates that Paramount Group will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreParamount Group has received a 3.57% net impact score from Upright. Paramount seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Property management services", "Office leasing services", and "Real estate funds investing in office buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Paramount Group is -2.87. Previous Next 1.9 News and Social Media Coverage News SentimentParamount Group has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Paramount Group this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Group insiders have not sold or bought any company stock.Percentage Held by Insiders10.40% of the stock of Paramount Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.93% of the stock of Paramount Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Paramount Group are expected to decrease by -17.44% in the coming year, from $0.86 to $0.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Group is -12.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Group is -12.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioParamount Group has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioParamount Group has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More PGRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PGRE Stock News HeadlinesDecember 9, 2023 | americanbankingnews.comKeppel DC REIT (OTCMKTS:KPDCF) vs. Paramount Group (NYSE:PGRE) Financial AnalysisDecember 9, 2023 | americanbankingnews.comContrasting Paramount Group (NYSE:PGRE) & Keppel DC REIT (OTCMKTS:KPDCF)December 11, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 8, 2023 | msn.comParamount shares jump after reports of takeover interestDecember 6, 2023 | americanbankingnews.comFinancial Contrast: Paramount Group (NYSE:PGRE) & Vornado Realty Trust (NYSE:VNO)November 20, 2023 | finance.yahoo.comBofA Securities Downgraded These 3 Office REITsNovember 14, 2023 | msn.comB of A Securities Downgrades Paramount Group (PGRE)November 12, 2023 | morningstar.comParamount Group Inc PGREDecember 11, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 9, 2023 | finance.yahoo.comParamount Achieves GRESB 5 Star Rating for Fifth Consecutive YearNovember 6, 2023 | finance.yahoo.comParamount Group, Inc. (NYSE:PGRE) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | finance.yahoo.comParamount Group Inc (PGRE) Reports Q3 2023 Earnings, Net Loss WidensNovember 1, 2023 | msn.comParamount Expands `Eyeq' Digital Video Ad Platform GloballyNovember 1, 2023 | finance.yahoo.comParamount Announces Third Quarter 2023 ResultsNovember 1, 2023 | markets.businessinsider.comParamount Group earnings: here's what Wall Street expectsNovember 1, 2023 | msn.comNew on Paramount Plus in November 2023 — All the new shows and movies to watchOctober 19, 2023 | msn.comMizuho Maintains Paramount Group (PGRE) Buy RecommendationOctober 12, 2023 | finance.yahoo.comParamount Announces Release Date for Third Quarter 2023 ResultsSeptember 22, 2023 | msn.comParamount: An Immensely Misunderstood Linear Networks BusinessSeptember 21, 2023 | gurufocus.comIs Paramount Group (PGRE) Too Good to Be True? A Comprehensive Analysis of a Potential Value TrapSeptember 15, 2023 | markets.businessinsider.comParamount Group Board Declares Quarterly Dividend - Quick FactsAugust 24, 2023 | msn.comParamount Lines Up Special Programming, Events For Star Trek DayAugust 21, 2023 | seekingalpha.comParamount Group: Upcoming Debt Maturity Wall Could Mean More DownsideAugust 20, 2023 | msn.com7 best Paramount Plus shows you're not watchingJuly 31, 2023 | finance.yahoo.comParamount Announces Second Quarter 2023 ResultsJuly 25, 2023 | markets.businessinsider.comMizuho Securities Reaffirms Their Buy Rating on Paramount Group (PGRE)July 19, 2023 | msn.comMorgan Stanley Reiterates Paramount Group (PGRE) Equal-Weight RecommendationSee More Headlines Receive PGRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paramount Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/27/2022Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Today12/10/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:PGRE Previous SymbolNASDAQ:PGRE CUSIPN/A CIK1605607 Webwww.paramount-group.com Phone(212) 237-3100FaxN/AEmployees326Year FoundedN/APrice Target and Rating Average Stock Price Target$4.40 High Stock Price Target$6.00 Low Stock Price Target$3.50 Potential Upside/Downside-18.4%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.42) Trailing P/E RatioN/A Forward P/E Ratio6.27 P/E Growth0.26Net Income$-36,400,000.00 Net Margins-12.54% Pretax Margin-18.56% Return on Equity-2.10% Return on Assets-1.10% Debt Debt-to-Equity Ratio0.88 Current Ratio4.43 Quick Ratio4.43 Sales & Book Value Annual Sales$740.38 million Price / Sales1.58 Cash Flow$0.91 per share Price / Cash Flow5.95 Book Value$20.07 per share Price / Book0.27Miscellaneous Outstanding Shares217,350,000Free Float194,749,000Market Cap$1.17 billion OptionableOptionable Beta1.24 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Albert P. Behler (Age 71)Chairman, CEO & President Comp: $3.08MMr. Wilbur Paes CPA (Age 46)COO, CFO & Treasurer Comp: $1.92MMr. Gage Johnson (Age 61)Senior VP, General Counsel & Secretary Comp: $862.87kMr. Peter R.C. Brindley (Age 46)Executive VP & Head of Real Estate Comp: $1.5MMs. Ermelinda Berberi (Age 42)Senior VP & Chief Accounting Officer Mr. Thomas Francis Hennessy IIIVice President of Business Development & Investor RelationsMr. Vito Messina (Age 60)Senior Vice President of Asset Management Mr. David S. EatonSenior Vice President of LeasingMore ExecutivesKey CompetitorsUMH PropertiesNYSE:UMHService Properties TrustNASDAQ:SVCEllington FinancialNYSE:EFCVeris ResidentialNYSE:VRESummit Hotel PropertiesNYSE:INNView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 45,086 shares on 12/6/2023Ownership: 0.031%B. Riley Wealth Advisors Inc.Bought 160,000 shares on 12/1/2023Ownership: 0.074%American Century Companies Inc.Sold 29,988 shares on 11/30/2023Ownership: 0.014%Deutsche Bank AGSold 34,028 shares on 11/24/2023Ownership: 0.057%Graham Capital Management L.P.Sold 44,167 shares on 11/22/2023Ownership: 0.071%View All Insider TransactionsView All Institutional Transactions 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 equities research analysts have issued 12-month target prices for Paramount Group's stock. Their PGRE share price targets range from $3.50 to $6.00. On average, they predict the company's share price to reach $4.40 in the next twelve months. This suggests that the stock has a possible downside of 18.4%. View analysts price targets for PGRE or view top-rated stocks among Wall Street analysts. How have PGRE shares performed in 2023? Paramount Group's stock was trading at $5.94 at the beginning of the year. Since then, PGRE stock has decreased by 9.3% and is now trading at $5.39. View the best growth stocks for 2023 here. When is Paramount Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our PGRE earnings forecast. How were Paramount Group's earnings last quarter? Paramount Group, Inc. (NYSE:PGRE) posted its quarterly earnings data on Wednesday, April, 27th. The financial services provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.21. Paramount Group had a negative net margin of 12.54% and a negative trailing twelve-month return on equity of 2.10%. During the same quarter in the previous year, the company posted $0.23 earnings per share. How often does Paramount Group pay dividends? What is the dividend yield for Paramount Group? Paramount Group declared a quarterly dividend on Friday, September 15th. Investors of record on Friday, September 29th will be paid a dividend of $0.035 per share on Friday, October 13th. This represents a $0.14 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Thursday, September 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 2.58%. Read our dividend analysis for PGRE. What guidance has Paramount Group issued on next quarter's earnings? Paramount Group updated its FY23 earnings guidance on Wednesday, November, 1st. The company provided earnings per share guidance of $0.85-0.87 for the period, compared to the consensus earnings per share estimate of $0.86. 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 initial public offering (IPO) on Wednesday, November 19th 2014. The company issued 131,000,000 shares at a price of $16.00-$19.00 per share. BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities and Deutsche Bank Securities served 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 investors include Jupiter Asset Management Ltd. (4.11%), Charles Schwab Investment Management Inc. (2.12%), Legal & General Group Plc (1.82%), Northern Trust Corp (1.39%), JPMorgan Chase & Co. (0.97%) and Rush Island Management LP (0.83%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:PGRE) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Paramount Group, Inc. 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