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

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$13.73 +0.13 (+0.96 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$13.73
Today's Range$13.58 - $13.75
52-Week Range$12.18 - $16.05
Volume1.06 million shs
Average Volume1.29 million shs
Market Capitalization$3.23 billion
P/E Ratio15.43
Dividend Yield2.94%
Beta0.75
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:PGRE
CUSIPN/A
Phone212-237-3100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$718.97 million
Cash Flow$1.4468 per share
Book Value$20.92 per share

Profitability

Net Income$86.38 million

Miscellaneous

Employees327
Market Cap$3.23 billion
OptionableOptionable

Paramount Group (NYSE:PGRE) Frequently Asked Questions

What is Paramount Group's stock symbol?

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

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

Paramount Group declared a quarterly dividend on Friday, December 14th. Investors of record on Monday, December 31st will be given a dividend of $0.10 per share on Tuesday, January 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date of this dividend is Friday, December 28th. View Paramount Group's Dividend History.

How were Paramount Group's earnings last quarter?

Paramount Group Inc (NYSE:PGRE) released its quarterly earnings data on Monday, November, 5th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.01. The financial services provider earned $192.60 million during the quarter, compared to analysts' expectations of $191.24 million. Paramount Group had a negative return on equity of 0.06% and a negative net margin of 0.40%. The business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the business earned $0.22 earnings per share. View Paramount Group's Earnings History.

When is Paramount Group's next earnings date?

Paramount Group is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Paramount Group.

What guidance has Paramount Group issued on next quarter's earnings?

Paramount Group updated its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $0.93-0.95 for the period, compared to the Thomson Reuters consensus estimate of $0.94.

What price target have analysts set for PGRE?

4 analysts have issued 1 year price objectives for Paramount Group's stock. Their forecasts range from $14.00 to $21.00. On average, they expect Paramount Group's share price to reach $16.3750 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Price Targets for Paramount Group.

What is the consensus analysts' recommendation for Paramount Group?

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

Has Paramount Group been receiving favorable news coverage?

Press coverage about PGRE stock has been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring 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 media sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Paramount Group?

Paramount Group saw a decline in short interest in December. As of December 14th, there was short interest totalling 2,769,442 shares, a decline of 36.4% from the November 30th total of 4,351,401 shares. Based on an average trading volume of 1,574,752 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.4% of the company's shares are sold short. View Paramount Group's Current Options Chain.

Who are some of Paramount Group's key competitors?

Who are Paramount Group's key executives?

Paramount Group's management team includes the folowing people:
  • Mr. Albert P. Behler, Chairman, CEO & Pres (Age 66)
  • Mr. Wilbur Paes CPA, Exec. VP, CFO, Treasurer & Principal Accounting Officer (Age 41)
  • Mr. Peter R.C. Brindley, Exec. VP of Leasing (Age 41)
  • Mr. Christopher Brandt, VP, Investor Relations
  • Mr. Gage Johnson, Sr. VP, Gen. Counsel & Sec. (Age 56)

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 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.

Who are Paramount Group's major shareholders?

Paramount Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hill Winds Capital LP (0.16%) and Bowling Portfolio Management LLC (0.02%). View Institutional Ownership Trends for Paramount Group.

Which major investors are buying Paramount Group stock?

PGRE stock was purchased by a variety of institutional investors in the last quarter, including Hill Winds Capital LP and Bowling Portfolio Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Paramount Group's stock price today?

One share of PGRE stock can currently be purchased for approximately $13.73.

How big of a company is Paramount Group?

Paramount Group has a market capitalization of $3.23 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.

What is Paramount Group's official website?

The official website for Paramount Group is http://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]


MarketBeat Community Rating for Paramount Group (NYSE PGRE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  377
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.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

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