NYSE:PGRE - Paramount Group Stock Price, Price Target & More

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

Paramount Group announced a quarterly dividend on Friday, June 15th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.10 per share on Friday, July 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Thursday, June 28th. View Paramount Group's Dividend History.

Paramount Group Inc (NYSE:PGRE) posted its quarterly earnings data on Wednesday, May, 2nd. The financial services provider reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.00. The financial services provider earned $184.27 million during the quarter, compared to analyst estimates of $180.88 million. Paramount Group had a net margin of 12.07% and a return on equity of 1.74%. Paramount Group's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 EPS. View Paramount Group's Earnings History.

Paramount Group is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Paramount Group.

3 brokerages have issued 1-year target prices for Paramount Group's stock. Their forecasts range from $14.00 to $16.00. On average, they anticipate Paramount Group's share price to reach $14.8333 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. View Analyst Ratings 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 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Paramount Group include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Extra Space Storage (EXR), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Iron Mountain (IRM), Regency Centers (REG), Duke Realty (DRE), SINO Ld Ltd/S (SNLAY), UDR (UDR), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

(PGRE) raised $2.3 billion in an initial public offering 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 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.

News headlines about PGRE stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Paramount Group earned a coverage optimism score of 0.11 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.46 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Paramount Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.56%). View Institutional Ownership Trends for Paramount Group.

PGRE stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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, Scottrade, Fidelity and Charles Schwab.

One share of PGRE stock can currently be purchased for approximately $15.55.

Paramount Group has a market capitalization of $3.76 billion and generates $718.97 million in revenue each year. The financial services provider earns $86.38 million in net income (profit) each year or $0.89 on an earnings per share basis. Paramount Group employs 327 workers across the globe.

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]