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No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
As Musk is learning, content moderation is a messy job
FDA change ushers in cheaper, easier-to-get hearing aids
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:PGRE

Paramount Group - PGRE Stock Forecast, Price & News

$6.11
-0.17 (-2.71%)
(As of 12/2/2022 09:00 PM ET)
Add
Compare
Today's Range
$6.08
$6.26
50-Day Range
$5.91
$6.79
52-Week Range
$5.78
$11.53
Volume
1.10 million shs
Average Volume
1.84 million shs
Market Capitalization
$1.34 billion
P/E Ratio
305.65
Dividend Yield
5.07%
Price Target
$6.80

Paramount Group MarketRank™ Forecast

Analyst Rating
Hold
1.83 Rating Score
Upside/​Downside
11.3% Upside
$6.80 Price Target
Short Interest
Healthy
3.46% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.22
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-6.12%
From $0.98 to $0.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Finance Sector

434th out of 886 stocks

Real Estate Investment Trusts Industry

96th out of 193 stocks

PGRE stock logo

About Paramount Group (NYSE:PGRE) Stock

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.

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PGRE Stock News Headlines

15 Biggest Broadcasting Companies in the World
Paramount misses revenue estimates on ad weakness
Paramount Group, Inc. Announces Third Quarter 2022 Results
Paramount Announces Third Quarter 2022 Results
Earnings Outlook For Paramount Group
PGRE Paramount Group, Inc.
What 4 Analyst Ratings Have To Say About Paramount Group
Paramount Group, Inc. (PGRE)
South Africa's Paramount receives orders for Mwari aircraft
5 Analysts Have This to Say About Paramount Group
Analyst Ratings for Paramount Group
See More Headlines
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PGRE Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 10/14 Dividend
9/29/2022
Dividend Payable
10/14/2022
Today
12/04/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/28/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Previous Symbol
NASDAQ:PGRE
Fax
N/A
Employees
318
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.80
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+11.3%
Consensus Rating
Hold
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$-20,350,000.00
Pretax Margin
2.67%

Debt

Sales & Book Value

Annual Sales
$726.79 million
Cash Flow
$1.00 per share
Book Value
$20.12 per share

Miscellaneous

Free Float
196,962,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.15

Key Executives

  • Mr. Albert P. Behler (Age 70)
    Chairman, CEO & Pres
    Comp: $3.5M
  • Mr. Wilbur Paes CPA (Age 45)
    COO, CFO & Treasurer
    Comp: $2.06M
  • Mr. Gage Johnson (Age 60)
    Sr. VP, Gen. Counsel & Sec.
    Comp: $836.87k
  • Mr. Peter R.C. Brindley (Age 45)
    Exec. VP & Head of Real Estate
    Comp: $1.74M
  • Ms. Ermelinda Berberi (Age 41)
    Sr. VP & Chief Accounting Officer
  • Mr. Sumit Sharma
    VP of Investor Relations & Bus. Devel.
  • Mr. Vito Messina (Age 59)
    Sr. VP of Asset Management
  • Mr. David S. Eaton
    Sr. VP of Leasing













PGRE Stock - Frequently Asked Questions

Should I buy or sell Paramount Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PGRE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PGRE, but not buy additional shares or sell existing shares.
View PGRE analyst ratings
or view top-rated stocks.

What is Paramount Group's stock price forecast for 2023?

6 Wall Street research analysts have issued 12 month target prices for Paramount Group's shares. Their PGRE share price forecasts range from $5.00 to $8.00. On average, they predict the company's share price to reach $6.80 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for PGRE
or view top-rated stocks among Wall Street analysts.

How have PGRE shares performed in 2022?

Paramount Group's stock was trading at $8.34 on January 1st, 2022. Since then, PGRE stock has decreased by 26.7% and is now trading at $6.11.
View the best growth stocks for 2022 here
.

When is Paramount Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our PGRE earnings forecast
.

How were Paramount Group's earnings last quarter?

Paramount Group, Inc. (NYSE:PGRE) announced its quarterly earnings results on Wednesday, April, 27th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.21. Paramount Group had a net margin of 0.37% and a trailing twelve-month return on equity of 0.06%. During the same quarter in the previous year, the firm posted $0.23 EPS.

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

Paramount Group announced a quarterly dividend on Thursday, September 15th. Investors of record on Friday, September 30th will be paid a dividend of $0.078 per share on Friday, October 14th. This represents a $0.31 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for PGRE
.

Is Paramount Group a good dividend stock?

Paramount Group (NYSE:PGRE) pays an annual dividend of $0.31 per share and currently has a dividend yield of 5.07%. PGRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 1,550.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PGRE will have a dividend payout ratio of 33.70% next year. This indicates that the company will be able to sustain or increase its dividend.
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 2022 earnings guidance on Wednesday, November, 2nd. The company provided EPS guidance of $0.96-$0.98 for the period. 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), Host Hotels & Resorts (HST), 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 $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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.45%), BlackRock Inc. (9.57%), State Street Corp (4.30%), Dimensional Fund Advisors LP (1.36%), Nuveen Asset Management LLC (1.31%) and Jupiter Asset Management Ltd. (0.94%).
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.

What is Paramount Group's stock price today?

One share of PGRE stock can currently be purchased for approximately $6.11.

How much money does Paramount Group make?

Paramount Group (NYSE:PGRE) has a market capitalization of $1.34 billion and generates $726.79 million in revenue each year. The financial services provider earns $-20,350,000.00 in net income (profit) each year or $0.02 on an earnings per share basis.

How many employees does Paramount Group have?

The company employs 318 workers across the globe.

How can I contact Paramount Group?

Paramount Group's mailing address is 1633 BROADWAY SUITE 1801, NEW YORK NY, 10019. The official website for the company is www.paramount-group.com. The financial services provider can be reached via phone at (212) 237-3100 or via email at ir@paramount-group.com.

This page (NYSE:PGRE) was last updated on 12/5/2022 by MarketBeat.com Staff