NYSE:PGREParamount Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Paramount Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.52 -0.04 (-0.53 %) (As of 08/11/2020 04:00 PM ET) Add Compare Share Today's Range$7.49Now: $7.52▼$7.8450-Day Range$6.92MA: $7.35▼$8.1052-Week Range$6.42Now: $7.52▼$15.00Volume1.51 million shsAverage Volume2.08 million shsMarket Capitalization$1.67 billionP/E RatioN/ADividend Yield5.29%Beta0.98 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingParamount Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.83, Paramount Group has a potential upside of 57.4% from its current price of $7.52.Amount of Analyst CoverageParamount Group has only been the subject of 4 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesParamount Group has received 200 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParamount Group has received 360 “underperform” votes. (Add your “underperform” vote.)Community SentimentParamount Group has received 64.29% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipParamount Group is a leading dividend payer. It pays a dividend yield of 5.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthParamount Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Paramount Group is 40.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Paramount Group will have a dividend payout ratio of 44.44% next year. This indicates that Paramount Group will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.50% of the stock of Paramount Group is held by insiders.Percentage Held by Institutions57.50% of the stock of Paramount Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Paramount Group are expected to decrease by -6.25% in the coming year, from $0.96 to $0.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Group is -35.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Group is -35.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioParamount Group has a PEG Ratio of 6.40. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParamount Group has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.99 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:PGRE Previous SymbolNASDAQ:PGRE CUSIPN/A CIK1605607 Webwww.paramount-group.com Phone212-237-3100Debt Debt-to-Equity Ratio0.83 Current Ratio1.88 Quick Ratio1.88Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio7.83 P/E Growth6.4 Sales & Book Value Annual Sales$769.18 million Price / Sales2.17 Cash Flow$0.99 per share Price / Cash Flow7.61 Book Value$20.36 per share Price / Book0.37Profitability EPS (Most Recent Fiscal Year)$0.98 Net Income$-36,900,000.00 Net Margins-6.18% Return on Equity-1.08% Return on Assets-0.57%Miscellaneous Employees321 Outstanding Shares221,762,000Market Cap$1.67 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $7.52 -0.04 (-0.53 %) (As of 08/11/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PGRE News and Ratings via Email Sign-up to receive the latest news and ratings for PGRE and its competitors with MarketBeat's FREE daily newsletter. Paramount Group (NYSE:PGRE) Frequently Asked Questions How has Paramount Group's stock been impacted by COVID-19 (Coronavirus)? Paramount Group's stock was trading at $10.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PGRE stock has decreased by 25.5% and is now trading at $7.52. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Paramount Group? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Paramount Group. When is Paramount Group's next earnings date? Paramount Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Paramount Group. How were Paramount Group's earnings last quarter? Paramount Group Inc (NYSE:PGRE) announced its quarterly earnings results on Wednesday, July, 29th. The financial services provider reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.27. The financial services provider had revenue of $171.12 million for the quarter, compared to analysts' expectations of $179.54 million. Paramount Group had a negative return on equity of 1.08% and a negative net margin of 6.18%. Paramount Group's quarterly revenue was down 5.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.23 earnings per share. View Paramount Group's earnings history. How often does Paramount Group pay dividends? What is the dividend yield for Paramount Group? Paramount Group declared a quarterly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.10 per share on Wednesday, July 15th. This represents a $0.40 annualized dividend and a dividend yield of 5.32%. The ex-dividend date is Monday, June 29th. View Paramount Group's dividend history. What price target have analysts set for PGRE? 6 brokers have issued twelve-month price targets for Paramount Group's shares. Their forecasts range from $8.00 to $17.00. On average, they expect Paramount Group's stock price to reach $11.83 in the next year. This suggests a possible upside of 57.4% from the stock's current price. View analysts' price targets for Paramount Group. Has Paramount Group been receiving favorable news coverage? News articles about PGRE stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of news 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 news impact score of 1.3 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Paramount Group. Are investors shorting Paramount Group? Paramount Group saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 4,280,000 shares, a decrease of 15.2% from the January 31st total of 5,050,000 shares. Based on an average trading volume of 1,430,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 2.2% of the company's stock are short sold. View Paramount Group's Short Interest. Who are some of Paramount Group's key competitors? Some companies that are related to Paramount Group include National Retail Properties (NNN), Store Capital (STOR), Federal Realty Investment Trust (FRT), CubeSmart (CUBE), Rexford Industrial Realty (REXR), Healthcare Trust Of America (HTA), Apartment Investment and Management (AIV), First Industrial Realty Trust (FR), Kimco Realty (KIM), Eastgroup Properties (EGP), Douglas Emmett (DEI), CoreSite Realty (COR), Klepierre (KLPEF), Stag Industrial (STAG) and Cousins Properties (CUZ). View all competitors. 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 Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Simon Property Group (SPG), Advanced Micro Devices (AMD), Host Hotels and Resorts (HST), Kimco Realty (KIM), Kinder Morgan (KMI), AGNC Investment (AGNC), American Homes 4 Rent (AMH) and Bed Bath & Beyond (BBBY). Who are Paramount Group's key executives? Paramount Group's management team includes the following people: Mr. Albert P. Behler, Chairman, CEO & Pres (Age 67)Mr. Wilbur Paes CPA, Exec. VP, CFO & Treasurer (Age 42)Mr. Gage Johnson, Sr. VP, Gen. Counsel & Sec. (Age 57)Mr. Peter R.C. Brindley, Exec. VP of Leasing (Age 42)Mr. David Zobel, Exec. VP & Head of Acquisitions (Age 33) When did Paramount Group IPO? (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 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. 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 a number of retail and institutional investors. Top institutional investors include Presima Inc. (2.00%), LSV Asset Management (1.54%), MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (0.44%), Colony Capital Inc. (0.20%), UBS Group AG (0.19%) and Sumitomo Mitsui Trust Holdings Inc. (0.18%). Company insiders that own Paramount Group stock include Alexander Otto and Katharina Otto-Bernstein. View institutional ownership trends for Paramount Group. Which institutional investors are selling Paramount Group stock? PGRE stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, First Trust Advisors LP, WINTON GROUP Ltd, SG Americas Securities LLC, New York State Common Retirement Fund, Amalgamated Bank, Nisa Investment Advisors LLC, and Russell Investments Group Ltd.. View insider buying and selling activity for Paramount Group. Which institutional investors are buying Paramount Group stock? PGRE stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Presima Inc., Colony Capital Inc., UBS Group AG, Macquarie Group Ltd., Teza Capital Management LLC, Aigen Investment Management LP, and MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Paramount Group's stock price today? One share of PGRE stock can currently be purchased for approximately $7.52. How big of a company is Paramount Group? Paramount Group has a market capitalization of $1.67 billion and generates $769.18 million in revenue each year. The financial services provider earns $-36,900,000.00 in net income (profit) each year or $0.98 on an earnings per share basis. Paramount Group employs 321 workers across the globe. What is Paramount Group's official website? The official website for Paramount Group is 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] This page was last updated on 8/11/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
