S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:PGRE

Paramount Group Stock Forecast, Price & News

$8.30
-0.08 (-0.95%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$8.26
$8.52
50-Day Range
$7.88
$9.44
52-Week Range
$7.87
$11.65
Volume
1.64 million shs
Average Volume
1.71 million shs
Market Capitalization
$1.82 billion
P/E Ratio
N/A
Dividend Yield
3.34%
Beta
1.32
30 days | 90 days | 365 days | Advanced Chart
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Paramount Group logo

About Paramount Group

Paramount Group, Inc. is a real estate investment and management company. It owns, operates, manages, acquires and redevelops office properties in central business district submarkets of New York, District of Columbia and San Francisco. The company operates through the following geographical segments: New York, San Francisco and Washington. Paramount Group was founded by Werner Otto in 1978 and is headquartered in New York, NY.

Headlines

Paramount Group (NYSE:PGRE) Shares Gap Up to $7.88
December 3, 2021 |  americanbankingnews.com
Paramount Group (NYSE:PGRE) Sets New 1-Year Low at $7.87
December 2, 2021 |  americanbankingnews.com
Paramount Group (NYSE:PGRE) Sets New 52-Week Low at $8.31
November 26, 2021 |  americanbankingnews.com
Paramount Announces Third Quarter 2021 Results
October 27, 2021 |  finance.yahoo.com
Paramount Group (PGRE) Q3 FFO Beat Estimates
October 27, 2021 |  finance.yahoo.com
Expert Ratings For Paramount Group
September 10, 2021 |  markets.businessinsider.com
Paramount Group (PGRE) Secures Leases at Midtown Manhattan
September 9, 2021 |  finance.yahoo.com
Where Paramount Group Stands With Analysts
September 8, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Previous Symbol
NASDAQ:PGRE
Fax
N/A
Employees
323
Year Founded
N/A

Sales & Book Value

Annual Sales
$714.24 million
Cash Flow
$0.88 per share
Book Value
$20.38 per share

Profitability

Net Income
$-24.70 million
Pretax Margin
-0.35%

Debt

Price-To-Earnings

Miscellaneous

Free Float
197,498,000
Market Cap
$1.82 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/29/2021
Dividend Payable
10/15/2021
Last Earnings
10/27/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/09/2022

MarketRank

Overall MarketRank

2.15 out of 5 stars

Finance Sector

577th out of 1,333 stocks

Real Estate Investment Trusts Industry

137th out of 223 stocks

Analyst Opinion: 2.9Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -












Paramount Group (NYSE:PGRE) Frequently Asked Questions

Is Paramount Group a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Paramount Group stock. 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 analyst ratings for Paramount Group
or view top-rated stocks.

How has Paramount Group's stock been impacted by Coronavirus (COVID-19)?

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 17.8% and is now trading at $8.30.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Paramount Group?

Paramount Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 4,620,000 shares, an increase of 17.9% from the October 31st total of 3,920,000 shares. Based on an average daily volume of 1,560,000 shares, the short-interest ratio is presently 3.0 days. Approximately 2.5% of the company's stock are sold short.
View Paramount Group's Short Interest
.

When is Paramount Group's next earnings date?

Paramount Group is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Paramount Group
.

How were Paramount Group's earnings last quarter?

Paramount Group, Inc. (NYSE:PGRE) announced its earnings results on Wednesday, October, 27th. The financial services provider reported ($0.01) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.22. The financial services provider had revenue of $179.10 million for the quarter, compared to analysts' expectations of $183.68 million. Paramount Group had a negative trailing twelve-month return on equity of 0.57% and a negative net margin of 5.02%. The firm's quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 EPS.
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 Wednesday, September 15th. Stockholders of record on Thursday, September 30th will be given a dividend of $0.07 per share on Friday, October 15th. This represents a $0.28 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date is Wednesday, September 29th.
View Paramount Group's dividend history
.

Is Paramount Group a good dividend stock?

Paramount Group pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.34%.
View Paramount Group's dividend history.

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

Paramount Group updated its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share guidance of $0.900-$0.920 for the period. The company issued revenue guidance of -.

What price target have analysts set for PGRE?

5 equities research analysts have issued 1-year price objectives for Paramount Group's shares. Their forecasts range from $8.50 to $12.00. On average, they anticipate Paramount Group's share price to reach $10.70 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
View analysts' price targets for Paramount Group
or view top-rated stocks among Wall Street analysts.

Who are Paramount Group's key executives?

Paramount Group's management team includes the following people:
  • Albert P. Behler, Chairman, President & Chief Executive Officer
  • Wilbur N. Paes, Treasurer, Chief Operating & Financial Officer
  • Todd Januzzi, Chief Information & Technology Officer
  • David Zobel, Executive Vice President & Head-Acquisitions
  • Peter R.C. Brindley, Executive Vice President & Head-Real Estate

What is Albert P Behler's approval rating as Paramount Group's CEO?

5 employees have rated Paramount Group CEO Albert P Behler on Glassdoor.com. Albert P Behler has an approval rating of 55% among Paramount Group's employees. This puts Albert P Behler in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 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), (HST), Kimco Realty (KIM) and Kinder Morgan (KMI).

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 BlackRock Inc. (8.27%), Geode Capital Management LLC (1.58%), Dimensional Fund Advisors LP (1.53%), Millennium Management LLC (1.29%), Aew Capital Management L P (1.05%) and Balyasny Asset Management LLC (1.01%).
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 Arrowstreet Capital Limited Partnership, Aew Capital Management L P, Morgan Stanley, Balyasny Asset Management LLC, Principal Financial Group Inc., Russell Investments Group Ltd., Goldman Sachs Group Inc., and BlackRock Inc..
View insider buying and selling activity for Paramount Group
or view top insider-selling stocks.

Which major investors are buying Paramount Group stock?

PGRE stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Monarch Alternative Capital LP, Cbre Investment Management Listed Real Assets LLC, Waterfront Capital Partners LLC, Nordea Investment Management AB, Schonfeld Strategic Advisors LLC, SG Americas Securities LLC, and Bamco Inc. NY.
View insider buying and selling activity for Paramount Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Paramount Group's stock price today?

One share of PGRE stock can currently be purchased for approximately $8.30.

How much money does Paramount Group make?

Paramount Group has a market capitalization of $1.82 billion and generates $714.24 million in revenue each year. The financial services provider earns $-24.70 million in net income (profit) each year or ($0.17) on an earnings per share basis.

How many employees does Paramount Group have?

Paramount Group employs 323 workers across the globe.

What is Paramount Group's official website?

The official website for Paramount Group is www.paramount-group.com.

Where are Paramount Group's headquarters?

Paramount Group is headquartered at 1633 BROADWAY SUITE 1801, NEW YORK NY, 10019.

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 12/5/2021 by MarketBeat.com Staff

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