NYSE:PGREParamount Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Paramount Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.45 -0.37 (-4.73 %) (As of 05/25/2020 04:00 PM ET) Add Compare Share Today's Range$7.38Now: $7.45▼$7.8450-Day Range$7.33MA: $8.59▼$10.0152-Week Range$6.42Now: $7.45▼$15.11Volume926,400 shsAverage Volume2.13 million shsMarket Capitalization$1.65 billionP/E RatioN/ADividend Yield5.37%Beta1.12 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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, Washington, D.C. 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 Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingParamount Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.80, Paramount Group has a potential upside of 85.2% from its current price of $7.45.Amount of Analyst CoverageParamount Group has only been the subject of 3 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesParamount Group has received 195 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParamount Group has received 351 “underperform” votes. (Add your “underperform” vote.)Community SentimentParamount Group has received 64.29% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Paramount Group and other stocks. Vote “Outperform” if you believe PGRE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PGRE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipParamount Group is a leading dividend payer. It pays a dividend yield of 5.37%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthParamount Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Paramount Group is 40.82 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Paramount Group will have a dividend payout ratio of 43.01 % next year. This indicates that Paramount Group will be able to sustain or increase its dividend. Previous Next 1.0 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 InsidersOnly 8.00% of the stock of Paramount Group is held by insiders.Percentage Held by Institutions58.57% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Paramount Group are expected to decrease by -3.12% in the coming year, from $0.96 to $0.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Group is -43.82, 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 -43.82, 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 6.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParamount Group has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.00 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:PGRE Previous SymbolNASDAQ:PGRE CUSIPN/A CIK1605607 Webwww.paramount-group.com Phone212-237-3100Debt Debt-to-Equity Ratio0.84 Current Ratio1.34 Quick Ratio1.34Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio7.76 P/E Growth6.44 Sales & Book Value Annual Sales$769.18 million Price / Sales2.15 Cash Flow$0.97 per share Price / Cash Flow7.71 Book Value$20.36 per share Price / Book0.37Profitability EPS (Most Recent Fiscal Year)$0.98 Net Income$-36,900,000.00 Net Margins-4.54% Return on Equity-0.77% Return on Assets-0.41%Miscellaneous Employees321 Outstanding Shares221,750,000Market Cap$1.65 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable PGRE Rates by TradingView Receive PGRE News and Ratings via Email Sign-up to receive the latest news and ratings for PGRE and its competitors with MarketBeat's FREE daily newsletter. Paramount Group (NYSE:PGRE) Frequently Asked Questions How has Paramount Group's stock been impacted by COVID-19 (Coronavirus)? Paramount Group's stock was trading at $10.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PGRE shares have decreased by 26.2% and is now trading at $7.45. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Paramount Group? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Paramount Group. When is Paramount Group's next earnings date? Paramount Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Paramount Group. How were Paramount Group's earnings last quarter? Paramount Group Inc (NYSE:PGRE) released its earnings results on Wednesday, April, 29th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.24. The financial services provider earned $184 million during the quarter, compared to the consensus estimate of $190.53 million. Paramount Group had a negative net margin of 4.54% and a negative return on equity of 0.77%. The firm's revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 earnings per share. View Paramount Group's earnings history. How often does Paramount Group pay dividends? What is the dividend yield for Paramount Group? Paramount Group announced a quarterly dividend on Friday, March 13th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.10 per share on Wednesday, April 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date is Monday, March 30th. View Paramount Group's dividend history. What price target have analysts set for PGRE? 4 analysts have issued 12 month price objectives for Paramount Group's shares. Their forecasts range from $9.00 to $17.00. On average, they anticipate Paramount Group's stock price to reach $13.80 in the next twelve months. This suggests a possible upside of 85.2% from the stock's current price. View analysts' price targets for Paramount Group. Has Paramount Group been receiving favorable news coverage? Press coverage about PGRE stock has trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Paramount Group earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutParamount Group. Are investors shorting Paramount Group? Paramount Group saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,950,000 shares, an increase of 31.0% from the April 15th total of 3,780,000 shares. Based on an average daily trading volume, of 2,420,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.6% of the shares of the company are short sold. View Paramount Group's Current Options Chain. Who are some of Paramount Group's key competitors? Some companies that are related to Paramount Group include Vornado Realty Trust (VNO), Kilroy Realty (KRC), Federal Realty Investment Trust (FRT), Vereit (VER), Healthcare Trust Of America (HTA), Apartment Investment and Management (AIV), National Retail Properties (NNN), CubeSmart (CUBE), Kimco Realty (KIM), Douglas Emmett (DEI), Klepierre (KLPEF), CoreSite Realty (COR), First Industrial Realty Trust (FR), Store Capital (STOR) and Rexford Industrial Realty (REXR). View all competitors. 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 Cypress Semiconductor (CY), Physicians Realty Trust (DOC), Host Hotels and Resorts (HST), Kimco Realty (KIM), Ring Energy (REI), Ring Energy (REI), AGNC Investment (AGNC), American Homes 4 Rent (AMH), Brixmor Property Group (BRX) and Conduent (CNDT). Who are Paramount Group's key executives? Paramount Group's management team includes the following people: Mr. Albert P. Behler, Chairman, CEO & Pres (Age 67)Mr. Wilbur Paes CPA, Exec. VP, CFO & Treasurer (Age 42)Mr. Gage Johnson, Sr. VP, Gen. Counsel & Sec. (Age 57)Mr. Peter R.C. Brindley, Exec. VP of Leasing (Age 42)Mr. David Zobel, Exec. VP & Head of Acquisitions (Age 33) 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 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. What is Paramount Group's stock symbol? Paramount Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGRE." Who are Paramount Group's major shareholders? Paramount Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (5.96%), State Street Corp (3.27%), Morgan Stanley (2.54%), Owl Creek Asset Management L.P. (2.27%), Presima Inc. (1.69%) and Geode Capital Management LLC (1.40%). Company insiders that own Paramount Group stock include Alexander Otto and Katharina Otto-Bernstein. View institutional ownership trends for Paramount Group. Which major investors are selling Paramount Group stock? PGRE stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Nuveen Asset Management LLC, Russell Investments Group Ltd., BlackRock Inc., Cipher Capital LP, JPMorgan Chase & Co., Colony Capital Inc., and Parametric Portfolio Associates LLC. View insider buying and selling activity for Paramount Group. Which major investors are buying Paramount Group stock? PGRE stock was acquired by a variety of institutional investors in the last quarter, including AJO LP, Owl Creek Asset Management L.P., Morgan Stanley, State Street Corp, Legal & General Group Plc, Virginia Retirement Systems ET AL, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, and Cbre Clarion Securities LLC. View insider buying and selling activity for Paramount Group. How do I buy shares of Paramount Group? Shares of PGRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Paramount Group's stock price today? One share of PGRE stock can currently be purchased for approximately $7.45. How big of a company is Paramount Group? Paramount Group has a market capitalization of $1.65 billion and generates $769.18 million in revenue each year. The financial services provider earns $-36,900,000.00 in net income (profit) each year or $0.98 on an earnings per share basis. Paramount Group employs 321 workers across the globe. What is Paramount Group's official website? The official website for Paramount Group is www.paramount-group.com. How can I contact Paramount Group? Paramount Group's mailing address is 1633 BROADWAY SUITE 1801, NEW YORK NY, 10019. The financial services provider can be reached via phone at 212-237-3100 or via email at [email protected] This page was last updated on 5/26/2020 by MarketBeat.com Staff
