Log in

NYSE:PGREParamount Group Stock Price, Forecast & News

$7.27
+0.28 (+4.01 %)
(As of 07/10/2020 04:00 PM ET)
Add
Compare
Today's Range
$6.94
Now: $7.27
$7.28
50-Day Range
$6.99
MA: $7.96
$9.23
52-Week Range
$6.42
Now: $7.27
$15.00
Volume1.19 million shs
Average Volume2.15 million shs
Market Capitalization$1.64 billion
P/E RatioN/A
Dividend Yield5.72%
Beta1.03
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
Paramount Group logo

Beat the Market (BTM) Rank

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

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$769.18 million
Cash Flow$1.01 per share
Book Value$20.36 per share

Profitability

Net Income$-36,900,000.00

Miscellaneous

Employees321
Market Cap$1.64 billion
Next Earnings Date7/29/2020 (Confirmed)
OptionableOptionable

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 (WHO). Since then, PGRE shares have decreased by 28.0% and is now trading at $7.27. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Paramount Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 3 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, July 29th 2020. View our earnings forecast for Paramount Group.

How can I listen to Paramount Group's earnings call?

Paramount Group will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Paramount Group's earnings last quarter?

Paramount Group Inc (NYSE:PGRE) released its earnings results on Wednesday, April, 29th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by $0.24. The financial services provider had revenue of $184 million for the quarter, compared to analysts' expectations of $190.53 million. Paramount Group had a negative net margin of 4.54% and a negative return on equity of 0.77%. Paramount Group's revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 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 announced a quarterly dividend on Monday, June 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.10 per share on Wednesday, July 15th. This represents a $0.40 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date is Monday, June 29th. View Paramount Group's dividend history.

What price target have analysts set for PGRE?

5 brokerages have issued 12 month price targets for Paramount Group's stock. Their forecasts range from $9.00 to $17.00. On average, they expect Paramount Group's share price to reach $12.60 in the next year. This suggests a possible upside of 73.3% from the stock's current price. View analysts' price targets for Paramount Group.

Has Paramount Group been receiving favorable news coverage?

Media stories about PGRE stock have trended neutral this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 0.2 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Paramount Group.

Are investors shorting Paramount Group?

Paramount Group saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 6,190,000 shares, an increase of 27.1% from the June 15th total of 4,870,000 shares. Based on an average daily volume of 2,230,000 shares, the short-interest ratio is currently 2.8 days. Currently, 3.3% of the company's stock are sold short. View Paramount Group's Current Options Chain.

Who are some of Paramount Group's key competitors?

What other stocks do shareholders of Paramount Group own?

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 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 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 variety of institutional and retail investors. Top institutional investors include Diversified Trust Co (0.01%). Company insiders that own Paramount Group stock include Alexander Otto and Katharina Otto-Bernstein. View institutional ownership trends for Paramount Group.

Which major investors are buying Paramount Group stock?

PGRE stock was acquired by a variety of institutional investors in the last quarter, including Diversified Trust Co. 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 $7.27.

How big of a company is Paramount Group?

Paramount Group has a market capitalization of $1.64 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 7/11/2020 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

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.