NYSE:PGRE Paramount Group (PGRE) Stock Forecast, Price & News $4.68 -0.02 (-0.43%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$4.63▼$4.7450-Day Range$4.14▼$4.8152-Week Range$3.90▼$8.13Volume816,460 shsAverage Volume1.93 million shsMarket Capitalization$1.02 billionP/E RatioN/ADividend Yield6.62%Price Target$5.92 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Paramount Group MarketRank™ ForecastAnalyst RatingHold1.86 Rating ScoreUpside/Downside26.3% Upside$5.92 Price TargetShort InterestBearish7.29% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.87Upright™ Environmental ScoreNews Sentiment0.69Based on 5 Articles This WeekInsider TradingAcquiring Shares$447,665 Bought Last QuarterProj. Earnings Growth-8.70%From $0.92 to $0.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.35 out of 5 starsFinance Sector449th out of 867 stocksReal Estate Investment Trusts Industry85th out of 191 stocks 2.9 Analyst's Opinion Consensus RatingParamount Group has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.92, Paramount Group has a forecasted upside of 26.3% from its current price of $4.69.Amount of Analyst CoverageParamount Group has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.29% of the float of Paramount Group has been sold short.Short Interest Ratio / Days to CoverParamount Group has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Paramount Group has recently increased by 14.06%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipParamount Group is a leading dividend payer. It pays a dividend yield of 6.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthParamount Group has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, Paramount Group will have a dividend payout ratio of 36.90% next year. This indicates that Paramount Group will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreParamount Group has received a 3.57% net impact score from Upright. Paramount seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Property management services", "Office leasing services", and "Real estate funds investing in office buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for Paramount Group is -2.87. Previous Next 2.0 News and Social Media Coverage News SentimentParamount Group has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Paramount Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for PGRE on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $447,665.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders10.40% of the stock of Paramount Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.17% of the stock of Paramount Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Paramount Group are expected to decrease by -8.70% in the coming year, from $0.92 to $0.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Group is -27.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Group is -27.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioParamount Group has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioParamount Group has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Paramount Group (NYSE:PGRE) StockParamount Group, Inc. is a real estate investment and management company, which engages in the ownership, operation, management, acquisition, and redevelopment of office properties in central business district submarkets. The company operates through the New York and San Francisco segments. The company was founded by Werner Otto in 1978 and is headquartered in New York, NY.Read More Receive PGRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paramount Group and its competitors with MarketBeat's FREE daily newsletter. Email Address PGRE Stock News HeadlinesJune 1, 2023 | msn.comNew On Paramount Plus: All 148 Movies & TV Shows Arriving In JuneJune 1, 2023 | msn.com50 Best Movies On Paramount PlusJune 10, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 26, 2023 | finance.yahoo.comPGRE - Paramount Group, Inc.May 18, 2023 | americanbankingnews.comParamount Group, Inc. (NYSE:PGRE) Receives $5.92 Consensus PT from BrokeragesMay 11, 2023 | msn.comParamount Group: Tenant Concentration And Upcoming Lease Expirations Are HeadwindsMay 10, 2023 | americanbankingnews.comParamount Group (NYSE:PGRE) & Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Head-To-Head ReviewMay 6, 2023 | americanbankingnews.comParamount Group (NYSE:PGRE) Upgraded to "Hold" by StockNews.comJune 10, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 3, 2023 | finance.yahoo.comParamount Group (PGRE) Tops Q1 FFO and Revenue EstimatesMay 3, 2023 | finance.yahoo.comParamount Announces First Quarter 2023 ResultsMay 2, 2023 | markets.businessinsider.comWhat Wall Street expects from Paramount Group's earningsMay 2, 2023 | americanbankingnews.comParamount Group (PGRE) to Release Quarterly Earnings on WednesdayApril 25, 2023 | americanbankingnews.comParamount Group, Inc. (NYSE:PGRE) Receives Average Rating of "Hold" from BrokeragesApril 23, 2023 | msn.com5 new to Paramount Plus movies you should watch in April 2023April 17, 2023 | msn.comParamount Pictures Renews Multi-Year First Look Deal With ‘Smile’ Producer Temple Hill EntertainmentApril 12, 2023 | finance.yahoo.comParamount Announces Release Date for First Quarter 2023 ResultsApril 3, 2023 | bizjournals.comLaw firm Wilson Sonsini signs Midtown Manhattan leaseApril 3, 2023 | finance.yahoo.comParamount Signs 119,000 Square Foot Lease at 31 West 52nd Street in New YorkApril 1, 2023 | americanbankingnews.comParamount Group (NYSE:PGRE) Given New $4.50 Price Target at Morgan StanleyMarch 31, 2023 | americanbankingnews.comParamount Group, Inc. (NYSE:PGRE) Receives $6.04 Consensus Price Target from BrokeragesMarch 30, 2023 | finance.yahoo.comParamount Earns 2023 ENERGY STAR® Partner of the Year AwardMarch 30, 2023 | americanbankingnews.comInsider Buying: Paramount Group, Inc. (NYSE:PGRE) SVP Purchases 4,500 Shares of StockMarch 29, 2023 | americanbankingnews.comAnalysts Set Paramount Group, Inc. (NYSE:PGRE) Price Target at $6.04March 25, 2023 | americanbankingnews.comParamount Group (NYSE:PGRE) Sees Strong Trading Volume on Insider Buying ActivityMarch 23, 2023 | americanbankingnews.comAlbert P. Behler Acquires 40,000 Shares of Paramount Group, Inc. (NYSE:PGRE) StockMarch 22, 2023 | americanbankingnews.comParamount Group, Inc. (NYSE:PGRE) CEO Albert P. Behler Acquires 30,000 SharesSee More Headlines PGRE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PGRE Company Calendar Last Earnings4/27/2022Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Today6/10/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:PGRE Previous SymbolNASDAQ:PGRE CUSIPN/A CIK1605607 Webwww.paramount-group.com Phone(212) 237-3100FaxN/AEmployees318Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.92 High Stock Price Forecast$8.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+26.3%Consensus RatingHold Rating Score (0-4)1.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.17) Trailing P/E RatioN/A Forward P/E Ratio5.09 P/E Growth0.47Net Income$-36,400,000.00 Net Margins-5.10% Pretax Margin-3.08% Return on Equity-0.86% Return on Assets-0.45% Debt Debt-to-Equity Ratio0.87 Current Ratio4.46 Quick Ratio4.46 Sales & Book Value Annual Sales$740.38 million Price / Sales1.37 Cash Flow$0.89 per share Price / Cash Flow5.27 Book Value$20.07 per share Price / Book0.23Miscellaneous Outstanding Shares217,210,000Free Float194,622,000Market Cap$1.02 billion OptionableOptionable Beta1.20 Key ExecutivesAlbert P. BehlerChairman, President & Chief Executive OfficerWilbur N. PaesTreasurer, Chief Operating & Financial OfficerTodd JanuzziChief Information & Technology OfficerPeter R.C. BrindleyExecutive Vice President & Head-Real EstateGage R. JohnsonSecretary, Senior VP & General CounselKey CompetitorsPeakstone Realty TrustNYSE:PKSTARMOUR Residential REITNYSE:ARRUMH PropertiesNYSE:UMHPlymouth Industrial REITNYSE:PLYMUniti GroupNASDAQ:UNITView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 60,174 shares on 5/22/2023Ownership: 0.028%New York State Common Retirement FundSold 35,100 shares on 5/18/2023Ownership: 0.043%First Trust Advisors LPBought 83,059 shares on 5/16/2023Ownership: 0.257%Heitman Real Estate Securities LLCBought 51,708 shares on 5/16/2023Ownership: 0.101%Susquehanna International Group LLPBought 37,800 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PGRE Stock - Frequently Asked Questions Should I buy or sell Paramount Group stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PGRE shares. 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 PGRE analyst ratings or view top-rated stocks. What is Paramount Group's stock price forecast for 2023? 7 analysts have issued 12 month price objectives for Paramount Group's shares. Their PGRE share price forecasts range from $4.00 to $8.00. On average, they anticipate the company's share price to reach $5.92 in the next twelve months. This suggests a possible upside of 26.3% from the stock's current price. View analysts price targets for PGRE or view top-rated stocks among Wall Street analysts. How have PGRE shares performed in 2023? Paramount Group's stock was trading at $5.94 at the start of the year. Since then, PGRE shares have decreased by 21.1% and is now trading at $4.6850. View the best growth stocks for 2023 here. Are investors shorting Paramount Group? Paramount Group saw a increase in short interest in April. As of April 30th, there was short interest totaling 11,380,000 shares, an increase of 19.2% from the April 15th total of 9,550,000 shares. Based on an average daily volume of 2,380,000 shares, the days-to-cover ratio is presently 4.8 days. Currently, 6.4% of the shares of the stock are sold short. View Paramount Group's Short Interest. When is Paramount Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our PGRE earnings forecast. How were Paramount Group's earnings last quarter? Paramount Group, Inc. (NYSE:PGRE) issued its quarterly earnings results on Wednesday, April, 27th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.21. Paramount Group had a negative trailing twelve-month return on equity of 0.86% and a negative net margin of 5.10%. During the same quarter in the previous year, the business posted $0.23 EPS. How often does Paramount Group pay dividends? What is the dividend yield for Paramount Group? Paramount Group declared a quarterly dividend on Wednesday, March 15th. Investors of record on Friday, March 31st will be paid a dividend of $0.078 per share on Friday, April 14th. This represents a $0.31 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for PGRE. What ETFs hold Paramount Group's stock? ETFs with the largest weight of Paramount Group (NYSE:PGRE) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco MSCI Green Building ETF (GBLD), Global X Green Building ETF (GRNR), VictoryShares US Small Mid Cap Value Momentum ETF (USVM), Invesco MSCI Sustainable Future ETF (PZD), Invesco MSCI Sustainable Future ETF (ERTH) and iShares US Credit Bond ETF (CRED). Is Paramount Group a good dividend stock? Paramount Group (NYSE:PGRE) pays an annual dividend of $0.31 per share and currently has a dividend yield of 6.44%. PGRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PGRE. What guidance has Paramount Group issued on next quarter's earnings? Paramount Group issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $0.90-$0.94 for the period, compared to the consensus estimate of $0.90. The company issued revenue guidance of -. What is Albert P Behler's approval rating as Paramount Group's CEO? 5 employees have rated Paramount Group Chief Executive Officer Albert P Behler on Glassdoor.com. Albert P Behler has an approval rating of 55% among the company'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), Kimco Realty (KIM) and Kinder Morgan (KMI). When did Paramount Group IPO? (PGRE) raised $2.3 billion in an initial public offering on Wednesday, November 19th 2014. The company issued 131,000,000 shares at a price of $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. 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (12.86%), State Street Corp (4.38%), Balyasny Asset Management L.P. (2.02%), Charles Schwab Investment Management Inc. (1.94%), Geode Capital Management LLC (1.73%) and Dimensional Fund Advisors LP (1.18%). Insiders that own company stock include Albert P Behler, Gage R Johnson and Thomas Armbrust. View institutional ownership trends. How do I buy shares of Paramount Group? Shares of PGRE stock 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 $4.69. How much money does Paramount Group make? Paramount Group (NYSE:PGRE) has a market capitalization of $1.02 billion and generates $740.38 million in revenue each year. The financial services provider earns $-36,400,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. How many employees does Paramount Group have? The company employs 318 workers across the globe. How can I contact Paramount Group? Paramount Group's mailing address is 1633 BROADWAY SUITE 1801, NEW YORK NY, 10019. The official website for the company is www.paramount-group.com. The financial services provider can be reached via phone at (212) 237-3100 or via email at ir@paramount-group.com. This page (NYSE:PGRE) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Paramount Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free 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. 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