NYSE:PGRE Paramount Group - PGRE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $6.59 +0.15 (+2.33%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.53▼$6.7450-Day Range$5.57▼$6.5952-Week Range$5.48▼$11.53Volume3.28 million shsAverage Volume1.10 million shsMarket Capitalization$1.45 billionP/E Ratio329.66Dividend Yield4.81%Price Target$6.60 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Paramount Group MarketRank™ ForecastAnalyst RatingHold1.83 Rating ScoreUpside/Downside0.2% Upside$6.60 Price TargetShort InterestHealthy3.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.57Upright™ Environmental ScoreNews Sentiment1.02Based on 4 Articles This WeekInsider TradingAcquiring Shares$344,200 Bought Last QuarterProj. Earnings Growth-6.12%From $0.98 to $0.92 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.2.11 out of 5 starsFinance Sector538th out of 879 stocksReal Estate Investment Trusts Industry114th out of 190 stocks 0.9 Analyst's Opinion Consensus RatingParamount Group has received a consensus rating of Hold. The company's average rating score is 1.83, and is based on 1 buy rating, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.60, Paramount Group has a forecasted upside of 0.2% from its current price of $6.59.Amount of Analyst CoverageParamount Group has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.48% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Paramount Group has recently decreased by 13.80%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipParamount Group is a leading dividend payer. It pays a dividend yield of 4.81%, 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 CoverageThe dividend payout ratio of Paramount Group is 1,550.78%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Paramount Group will have a dividend payout ratio of 33.70% next year. This indicates that Paramount Group will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreParamount Group has received a 24.55% net impact score from Upright. Paramount seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Property management services", "Real estate funds investing in office buildings", and "Office leasing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Paramount Group is -2.57. Previous Next 3.3 News and Social Media Coverage News SentimentParamount Group has a news sentiment score of 1.02. 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 is a higher news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Paramount Group this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Paramount Group to their MarketBeat watchlist in the last 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 $344,200.00 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Paramount Group are expected to decrease by -6.12% in the coming year, from $0.98 to $0.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Group is 329.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 145.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Group is 329.66, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 191.68.Price to Book Value per Share RatioParamount Group has a P/B Ratio of 0.32. 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. It owns, operates, manages, acquires and redevelops office properties in central business district submarkets of New York, District of Columbia and San Francisco. The company operates through the following geographical segments: New York, San Francisco and Washington. Paramount Group 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 HeadlinesFebruary 2, 2023 | msn.comParamount Plus just pulled a bunch of content — including Jordan Peele’s Twilight ZoneJanuary 26, 2023 | finance.yahoo.comParamount Announces Release Date for Fourth Quarter 2022 ResultsFebruary 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 23, 2023 | finance.yahoo.comParamount Announces Tax Treatment of 2022 Common Stock DividendsJanuary 3, 2023 | seekingalpha.comParamount Group: More Progress Needed On Upcoming ExpirationsDecember 19, 2022 | msn.comWill Office REITs Be Left In The Dust As Remote Work Rises? These 2 High-Yielding Office REITs Think NotDecember 5, 2022 | benzinga.comJim Cramer Says This Stock Is 'Very Inexpensive, But At The Same Time, I Don't Like Office Real Estate'November 23, 2022 | seekingalpha.comMorgan Stanley scraps Paramount Group's Overweight status on earnings growth headwindsFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 17, 2022 | forbes.comParamount Stock Looks Like Good Value At Under $20November 15, 2022 | finance.yahoo.com15 Biggest Broadcasting Companies in the WorldNovember 8, 2022 | finance.yahoo.comParamount Achieves GRESB 5 Star Rating for Fourth Consecutive YearNovember 2, 2022 | ca.finance.yahoo.comParamount misses revenue estimates on ad weaknessOctober 28, 2022 | seekingalpha.comParamount Group, Inc. (PGRE) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finanznachrichten.deParamount Group, Inc. Announces Third Quarter 2022 ResultsOctober 26, 2022 | finance.yahoo.comParamount Announces Third Quarter 2022 ResultsOctober 25, 2022 | msn.comEarnings Outlook For Paramount GroupOctober 19, 2022 | seekingalpha.comPGRE Paramount Group, Inc.October 18, 2022 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Paramount GroupOctober 14, 2022 | forbes.comParamount Pictures Sets Date For ‘80 For Brady’ With Lily Tomlin And Jane FondaOctober 14, 2022 | finance.yahoo.comParamount Group, Inc. (PGRE)October 14, 2022 | finance.yahoo.comStrength Seen in Paramount Group (PGRE): Can Its 5.5% Jump Turn into More Strength?September 30, 2022 | bizjournals.com2-tower condo development opens in Greenpoint, plus 5 more NYC-area real estate deals to knowSeptember 21, 2022 | ca.finance.yahoo.comSouth Africa's Paramount receives orders for Mwari aircraftSeptember 14, 2022 | finance.yahoo.comParamount Signs 142,000 Square Foot Lease at 1301 Avenue of the AmericasSeptember 9, 2022 | markets.businessinsider.com5 Analysts Have This to Say About Paramount GroupSeptember 9, 2022 | markets.businessinsider.comAnalyst Ratings for Paramount GroupSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings4/27/2022Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Today2/02/2023Next Earnings (Confirmed)2/15/2023Fiscal 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$6.60 High Stock Price Forecast$8.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+0.2%Consensus RatingHold Rating Score (0-4)1.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.02 Trailing P/E Ratio329.66 Forward P/E Ratio6.72 P/E GrowthN/ANet Income$-20,350,000.00 Net Margins0.37% Pretax Margin2.67% Return on Equity0.06% Return on Assets0.03% Debt Debt-to-Equity Ratio0.87 Current Ratio3.48 Quick Ratio3.48 Sales & Book Value Annual Sales$726.79 million Price / Sales1.99 Cash Flow$1.02 per share Price / Cash Flow6.47 Book Value$20.34 per share Price / Book0.32Miscellaneous Outstanding Shares219,820,000Free Float196,962,000Market Cap$1.45 billion OptionableOptionable Beta1.18 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 CompetitorsLadder CapitalNYSE:LADRAlexander & BaldwinNYSE:ALEXService Properties TrustNASDAQ:SVCPennyMac Mortgage Investment TrustNYSE:PMTReady CapitalNYSE:RCView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 2,935 shares on 2/2/2023Ownership: 0.011%Zurcher Kantonalbank Zurich Cantonalbank Bought 8,381 shares on 2/1/2023Ownership: 0.028%Cornerstone Investment Partners LLCBought 28,600 shares on 2/1/2023Ownership: 0.013%Sumitomo Mitsui Trust Holdings Inc.Sold 7,893 shares on 1/30/2023Ownership: 0.086%Strs OhioSold 11,513 shares on 1/26/2023Ownership: 0.084%View All Insider TransactionsView All Institutional Transactions PGRE Stock - Frequently Asked Questions Should I buy or sell Paramount Group stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 2 sell ratings, 3 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? 6 Wall Street research analysts have issued 1 year target prices for Paramount Group's stock. Their PGRE share price forecasts range from $5.00 to $8.00. On average, they anticipate the company's stock price to reach $6.60 in the next year. This suggests that the stock has a possible downside of 1.5%. 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 beginning of 2023. Since then, PGRE stock has increased by 12.8% and is now trading at $6.70. View the best growth stocks for 2023 here. When is Paramount Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023. View our PGRE earnings forecast. How can I listen to Paramount Group's earnings call? Paramount Group will be holding an earnings conference call on Thursday, February 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735166". How were Paramount Group's earnings last quarter? Paramount Group, Inc. (NYSE:PGRE) issued its earnings results on Wednesday, April, 27th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.21. Paramount Group had a net margin of 0.37% and a trailing twelve-month return on equity of 0.06%. During the same period in the prior year, the company earned $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 Thursday, December 15th. Stockholders of record on Friday, December 30th will be given a dividend of $0.078 per share on Friday, January 13th. This represents a $0.31 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Thursday, December 29th. Read our dividend analysis for PGRE. 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 4.81%. PGRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 1,550.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PGRE will have a dividend payout ratio of 33.70% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PGRE. 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 Presima Securities ULC (0.54%), Sumitomo Mitsui Trust Holdings Inc. (0.09%), Strs Ohio (0.08%), Allspring Global Investments Holdings LLC (0.08%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%) and Cornerstone Investment Partners LLC (0.01%). Insiders that own company stock include Albert P Behler 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 $6.70. How much money does Paramount Group make? Paramount Group (NYSE:PGRE) has a market capitalization of $1.47 billion and generates $726.79 million in revenue each year. The financial services provider earns $-20,350,000.00 in net income (profit) each year or $0.02 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 2/3/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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