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

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

Paramount Group announced a quarterly dividend on Friday, March 15th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 annualized dividend and a yield of 2.84%. The ex-dividend date is Thursday, March 28th. View Paramount Group's Dividend History.

Paramount Group Inc (NYSE:PGRE) announced its quarterly earnings results on Wednesday, February, 13th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.21. The financial services provider earned $190.68 million during the quarter, compared to the consensus estimate of $186.53 million. Paramount Group had a net margin of 1.21% and a return on equity of 0.18%. Paramount Group's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.22 earnings per share. View Paramount Group's Earnings History.

Paramount Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Paramount Group.

Paramount Group will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774070789.

Paramount Group updated its FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share guidance of $0.88-0.92 for the period, compared to the Thomson Reuters consensus estimate of $0.98.

4 equities research analysts have issued 12-month price objectives for Paramount Group's stock. Their predictions range from $14.46 to $21.00. On average, they expect Paramount Group's share price to reach $17.73 in the next year. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Paramount Group.

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

News articles about PGRE stock have been trending somewhat positive on Monday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Paramount Group earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Some companies that are related to Paramount Group include WP Carey (WPC), Extra Space Storage (EXR), Vornado Realty Trust (VNO), UDR (UDR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), Regency Centers (REG), Gecina (GECFF), Klepierre (KLPEF), Duke Realty (DRE), Iron Mountain (IRM), Sun Communities (SUI), Equity Lifestyle Properties (ELS), Federal Realty Investment Trust (FRT) and Camden Property Trust (CPT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Paramount Group investors own include Host Hotels and Resorts (HST), Kimco Realty (KIM), AGNC Investment (AGNC), Sabra Health Care REIT (SBRA), Senior Housing Properties Trust (SNH), American Homes 4 Rent (AMH), Brixmor Property Group (BRX), Conduent (CNDT), Cousins Properties (CUZ) and DDR (DDR).

(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 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.

Paramount Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Presima Inc. (1.79%), Strs Ohio (0.13%), State of Alaska Department of Revenue (0.04%) and Nisa Investment Advisors LLC (0.00%). View Institutional Ownership Trends for Paramount Group.

PGRE stock was sold by a variety of institutional investors in the last quarter, including Presima Inc. and Strs Ohio. View Insider Buying and Selling for Paramount Group.

PGRE stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and State of Alaska Department of Revenue. 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, Scottrade, Fidelity and Charles Schwab.

One share of PGRE stock can currently be purchased for approximately $14.07.

Paramount Group has a market capitalization of $3.30 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.

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]