NYSE:PGRE - Paramount Group Stock Price, Price Target & More

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

Paramount Group declared a quarterly dividend on Friday, June 15th. Investors 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 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date is Thursday, June 28th. View Paramount Group's Dividend History.

Paramount Group Inc (NYSE:PGRE) announced its quarterly earnings data on Wednesday, May, 2nd. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.00. The financial services provider had revenue of $184.27 million for the quarter, compared to analysts' expectations of $180.88 million. Paramount Group had a return on equity of 1.74% and a net margin of 12.07%. The company's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. View Paramount Group's Earnings History.

Paramount Group is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Paramount Group.

3 brokerages have issued 12 month price objectives for Paramount Group's shares. Their forecasts range from $14.00 to $16.00. On average, they expect Paramount Group's stock price to reach $14.8333 in the next year. This suggests that the stock has a possible downside of 5.0%. View Analyst Ratings 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."

Some companies that are related to Paramount Group include Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Extra Space Storage (EXR), HCP (HCP), ANNALY Cap Mgmt/SH (NLY), Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Iron Mountain (IRM), Regency Centers (REG), Duke Realty (DRE), SINO Ld Ltd/S (SNLAY), UDR (UDR), Federal Realty Investment Trust (FRT) and SL Green Realty (SLG).

(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.

News stories about PGRE stock have trended positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Paramount Group earned a news impact score of 0.33 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 46.26 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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.

One share of PGRE stock can currently be purchased for approximately $15.62.

Paramount Group has a market capitalization of $3.76 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.

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]