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

Sign in or create an account to add this stock to your watchlist.
$13.51 -0.15 (-1.10 %)
(As of 01/23/2019 04:00 PM ET)
Previous Close$13.66
Today's Range$13.40 - $13.70
52-Week Range$12.18 - $16.05
Volume3.26 million shs
Average Volume1.34 million shs
Market Capitalization$3.21 billion
P/E Ratio15.18
Dividend Yield2.91%
Beta0.75
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.

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.

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$718.97 million
Cash Flow$1.4102 per share
Book Value$20.92 per share

Profitability

Net Income$86.38 million

Miscellaneous

Employees327
Market Cap$3.21 billion
OptionableOptionable

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 declared a quarterly dividend on Friday, December 14th. Investors of record on Monday, December 31st will be paid a dividend of $0.10 per share on Tuesday, January 15th. This represents a $0.40 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend is Friday, December 28th. View Paramount Group's Dividend History.

How were Paramount Group's earnings last quarter?

Paramount Group Inc (NYSE:PGRE) released its quarterly earnings data on Monday, November, 5th. The financial services provider reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by $0.01. The financial services provider had revenue of $192.60 million for the quarter, compared to analyst estimates of $191.24 million. Paramount Group had a negative net margin of 0.40% and a negative return on equity of 0.06%. The company's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 earnings per share. 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 Thursday, February 21st 2019. View Earnings Estimates for Paramount Group.

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

Paramount Group updated its FY18 earnings guidance on Monday, November, 5th. The company provided EPS guidance of $0.93-0.95 for the period, compared to the Thomson Reuters consensus estimate of $0.94.

What price target have analysts set for PGRE?

4 equities research analysts have issued 1-year target prices for Paramount Group's stock. Their forecasts range from $14.00 to $21.00. On average, they anticipate Paramount Group's share price to reach $16.3750 in the next year. This suggests a possible upside of 21.2% from the stock's current price. View Analyst Price Targets for Paramount Group.

What is the consensus analysts' recommendation for Paramount Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paramount Group.

Has Paramount Group been receiving favorable news coverage?

News coverage about PGRE stock has trended very positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog 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 coverage optimism score of 3.7 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Are investors shorting Paramount Group?

Paramount Group saw a drop in short interest in December. As of December 14th, there was short interest totalling 2,769,442 shares, a drop of 36.4% from the November 30th total of 4,351,401 shares. Based on an average daily volume of 1,574,752 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.4% of the company's shares are sold short. View Paramount Group's Current Options Chain.

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 67)
  • Mr. Wilbur Paes CPA, Exec. VP, CFO, Treasurer & Principal Accounting Officer (Age 42)
  • Mr. Peter R.C. Brindley, Exec. VP of Leasing (Age 42)
  • Mr. Christopher Brandt, VP, Investor Relations
  • Mr. Gage Johnson, Sr. VP, Gen. Counsel & Sec. (Age 57)

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.

Who are Paramount Group's major shareholders?

Paramount Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Hill Winds Capital LP (0.16%), Strs Ohio (0.15%) and Bowling Portfolio Management LLC (0.02%). View Institutional Ownership Trends for Paramount Group.

Which major investors are buying Paramount Group stock?

PGRE stock was purchased by a variety of institutional investors in the last quarter, including Hill Winds Capital LP, Bowling Portfolio Management LLC and Strs Ohio. 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 $13.51.

How big of a company is Paramount Group?

Paramount Group has a market capitalization of $3.21 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.

What is Paramount Group's official website?

The official website for Paramount Group is http://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]


MarketBeat Community Rating for Paramount Group (NYSE PGRE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  378
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 1/23/2019 by MarketBeat.com Staff

Featured Article: S&P 500 Index

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.

Yahoo Gemini Pixel