Paramount Group - PGRE Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research 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.

4 analysts have issued 12-month target prices for Paramount Group's shares. Their PGRE share price forecasts range from $6.00 to $10.00. On average, they expect the company's stock price to reach $8.75 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
View analysts price targets for PGRE or view top-rated stocks among Wall Street analysts.

Paramount Group's stock was trading at $8.34 on January 1st, 2022. Since then, PGRE stock has decreased by 6.7% and is now trading at $7.78.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our PGRE earnings forecast.

Paramount Group, Inc. (NYSE:PGRE) issued its quarterly earnings data on Wednesday, April, 27th. The financial services provider reported $0.02 EPS for the quarter, missing the consensus estimate of $0.23 by $0.21. Paramount Group had a trailing twelve-month return on equity of 0.05% and a net margin of 0.30%. During the same quarter last year, the company posted $0.23 EPS.

Paramount Group announced a quarterly dividend on Wednesday, June 15th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.078 per share on Friday, July 15th. This represents a $0.31 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date of this dividend is Wednesday, June 29th. This is an increase from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for PGRE.

Paramount Group (NYSE:PGRE) pays an annual dividend of $0.31 per share and currently has a dividend yield of 3.94%. 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 31.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PGRE.

Paramount Group updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided EPS guidance of $0.95-$0.99 for the period. The company issued revenue guidance of -.

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.

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).

(PGRE) raised $2.3 billion in an initial public offering 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGRE."

Paramount Group's stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.31%), Northern Trust Corp (1.10%), Deutsche Bank AG (0.65%), Millennium Management LLC (0.64%), Presima Inc. (0.55%) and UBS Asset Management Americas Inc. (0.51%). Insiders that own company stock include Albert P Behler, Alexander Otto and Katharina Otto-Bernstein.
View institutional ownership trends.

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.

One share of PGRE stock can currently be purchased for approximately $7.78.

Paramount Group (NYSE:PGRE) has a market capitalization of $1.75 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.

The company employs 318 workers across the globe.

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.