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

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$15.97 +0.05 (+0.31 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$15.97
Today's Range$15.9250 - $16.05
52-Week Range$13.70 - $16.61
Volume1.15 million shs
Average Volume1.24 million shs
Market Capitalization$3.73 billion
P/E Ratio17.94
Dividend Yield2.53%
Beta0.67
Paramount Group logoHeadquartered 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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:PGRE
CUSIPN/A
Phone212-237-3100

Debt

Debt-to-Equity RatioN/A
Current Ratio0.08
Quick Ratio0.08

Price-To-Earnings

Trailing P/E Ratio17.94
Forward P/E Ratio16.99
P/E Growth5.19

Sales & Book Value

Annual Sales$718.97 million
Price / Sales5.34
Cash Flow$1.4760 per share
Price / Cash10.82
Book Value$20.92 per share
Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)$0.89
Net Income$86.38 million
Net Margins-6.89%
Return on Equity-1.01%
Return on Assets-0.57%

Miscellaneous

Employees327
Outstanding Shares240,530,000
Market Cap$3.73 billion

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 announced a quarterly dividend on Friday, June 15th. Shareholders 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 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Thursday, June 28th. View Paramount Group's Dividend History.

How were Paramount Group's earnings last quarter?

Paramount Group Inc (NYSE:PGRE) issued its quarterly earnings results on Wednesday, August, 1st. The financial services provider reported $0.24 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.01. The financial services provider earned $191.40 million during the quarter, compared to analysts' expectations of $186.41 million. Paramount Group had a negative return on equity of 1.01% and a negative net margin of 6.89%. The company's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 EPS. 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 Monday, November, 5th 2018. View Earnings Estimates for Paramount Group.

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

Paramount Group issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of $0.93-0.97 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.95.

What price target have analysts set for PGRE?

3 equities research analysts have issued 12-month price targets for Paramount Group's stock. Their predictions 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 7.1%. View Analyst Price Targets for Paramount Group.

What is the consensus analysts' recommendation 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." View Analyst Ratings for Paramount Group.

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)
  • Ms. Jolanta K. Bott, Exec. VP of Operations & HR (Age 66)
  • Mr. Daniel A. Lauer, Chief Investment Officer & Exec. VP (Age 56)
  • Mr. Peter R.C. Brindley, Exec. VP of Leasing (Age 41)

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 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.

Has Paramount Group been receiving favorable news coverage?

Media coverage about PGRE stock has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Paramount Group earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 48.94 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Paramount Group.

Who are Paramount Group's major shareholders?

Paramount Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.38%), Long Pond Capital LP (5.93%), Morgan Stanley (3.34%), Presima Inc. (1.79%), Dimensional Fund Advisors LP (1.30%) and Duff & Phelps Investment Management Co. (1.25%). View Institutional Ownership Trends for Paramount Group.

Which major investors are selling Paramount Group stock?

PGRE stock was sold by a variety of institutional investors in the last quarter, including Long Pond Capital LP, FMR LLC, Duff & Phelps Investment Management Co., Eagle Asset Management Inc., Wolverine Asset Management LLC, GSA Capital Partners LLP, Forward Management LLC and Voya Investment Management LLC. View Insider Buying and Selling for Paramount Group.

Which major investors are buying Paramount Group stock?

PGRE stock was bought by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Morgan Stanley, Millennium Management LLC, Presima Inc., Bank of Montreal Can, Heitman Real Estate Securities LLC, Renaissance Technologies LLC and Schwab Charles Investment Management Inc.. 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 $15.97.

How big of a company is Paramount Group?

Paramount Group has a market capitalization of $3.73 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  317
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 8/18/2018 by MarketBeat.com Staff

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