NYSE:PGRE - Paramount Group Stock Price, Forecast & News

Paramount Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGRE."

Paramount Group announced a quarterly dividend on Monday, December 16th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.10 per share on Wednesday, January 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Monday, December 30th. View Paramount Group's Dividend History.

Paramount Group Inc (NYSE:PGRE) issued its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported $0.03 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.21. The financial services provider earned $198.32 million during the quarter, compared to analysts' expectations of $190.88 million. Paramount Group had a net margin of 2.77% and a return on equity of 0.44%. Paramount Group's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share. View Paramount Group's Earnings History.

Paramount Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Paramount Group.

Paramount Group issued an update on its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $0.95-0.97 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.94.

3 analysts have issued 12 month target prices for Paramount Group's stock. Their forecasts range from $13.00 to $17.00. On average, they anticipate Paramount Group's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Price Targets for Paramount Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paramount Group.

Media stories about PGRE stock have been trending extremely negative this week, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Paramount Group earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Paramount Group.

Some companies that are related to Paramount Group include Host Hotels and Resorts (HST), VICI Properties (VICI), Medical Properties Trust (MPW), Klepierre (KLPEF), Camden Property Trust (CPT), Regency Centers (REG), Vereit (VER), Liberty Property Trust (LPT), SINO LD LTD/S (SNLAY), AGNC Investment (AGNC), Gaming and Leisure Properties (GLPI), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Omega Healthcare Investors (OHI) and Lamar Advertising (LAMR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Paramount Group investors own include Apple Hospitality REIT (APLE), Cypress Semiconductor (CY), Physicians Realty Trust (DOC), Host Hotels and Resorts (HST), Kimco Realty (KIM), Medical Properties Trust (MPW), AGNC Investment (AGNC), Diversified Healthcare Trust (DHC), Michaels Companies (MIK) and Sabra Health Care REIT (SBRA).

(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 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.

Paramount Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Presima Inc. (1.67%), Duff & Phelps Investment Management Co. (0.65%), MEAG MUNICH ERGO AssetManagement GmbH (0.43%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.31%), Strs Ohio (0.10%) and Zurcher Kantonalbank Zurich Cantonalbank (0.08%). Company insiders that own Paramount Group stock include Alexander Otto and Katharina Otto-Bernstein. View Institutional Ownership Trends for Paramount Group.

PGRE stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio and Exane Derivatives. View Insider Buying and Selling for Paramount Group.

PGRE stock was purchased by a variety of institutional investors in the last quarter, including Presima Inc., Jaguar Listed Property LLC, Duff & Phelps Investment Management Co., MEAG MUNICH ERGO AssetManagement GmbH, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank and Nisa Investment Advisors LLC. View Insider Buying and Selling for 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.

One share of PGRE stock can currently be purchased for approximately $14.18.

Paramount Group has a market capitalization of $3.22 billion and generates $758.96 million in revenue each year. The financial services provider earns $9.14 million in net income (profit) each year or $0.96 on an earnings per share basis. Paramount Group employs 321 workers across the globe.View Additional Information About Paramount Group.

The official website for Paramount Group is http://www.paramount-group.com/.

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]