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

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

Paramount Group announced a quarterly dividend on Monday, December 16th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.10 per share on Wednesday, January 15th. This represents a $0.40 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend is Monday, December 30th. View Paramount Group's Dividend History.

Paramount Group Inc (NYSE:PGRE) announced its earnings results on Wednesday, November, 6th. The financial services provider reported $0.03 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.21. The financial services provider had revenue of $198.32 million for the quarter, compared to the consensus estimate of $190.88 million. Paramount Group had a net margin of 2.77% and a return on equity of 0.44%. The business's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the firm posted $0.24 earnings per share. View Paramount Group's Earnings History.

Paramount Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Paramount Group.

Paramount Group updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $0.95-0.97 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.94.

3 equities research analysts have issued 1 year price targets for Paramount Group's stock. Their forecasts range from $13.00 to $17.00. On average, they expect Paramount Group's stock price to reach $15.00 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets 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 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paramount Group.

News headlines about PGRE stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. 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 sentiment score of -4.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Paramount Group.

Some companies that are related to Paramount Group include Host Hotels and Resorts (HST), VICI Properties (VICI), Klepierre (KLPEF), Medical Properties Trust (MPW), Camden Property Trust (CPT), Regency Centers (REG), SINO LD LTD/S (SNLAY), Vereit (VER), Liberty Property Trust (LPT), AGNC Investment (AGNC), Gaming and Leisure Properties (GLPI), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Omega Healthcare Investors (OHI) and Lamar Advertising (LAMR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Paramount Group investors own include Apple Hospitality REIT (APLE), Cypress Semiconductor (CY), Physicians Realty Trust (DOC), Host Hotels and Resorts (HST), Kimco Realty (KIM), Medical Properties Trust (MPW), AGNC Investment (AGNC), Diversified Healthcare Trust (DHC), Michaels Companies (MIK) and Sabra Health Care REIT (SBRA).

(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 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.

Paramount Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include MEAG MUNICH ERGO AssetManagement GmbH (0.43%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.31%), Nisa Investment Advisors LLC (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Paramount Group stock include Alexander Otto and Katharina Otto-Bernstein. View Institutional Ownership Trends for Paramount Group.

PGRE stock was purchased by a variety of institutional investors in the last quarter, including MEAG MUNICH ERGO AssetManagement GmbH, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue and Nisa Investment Advisors LLC. View Insider Buying and Selling for 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.

One share of PGRE stock can currently be purchased for approximately $14.06.

Paramount Group has a market capitalization of $3.20 billion and generates $758.96 million in revenue each year. The financial services provider earns $9.14 million in net income (profit) each year or $0.96 on an earnings per share basis. Paramount Group employs 321 workers across the globe.View Additional Information About Paramount Group.

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

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]