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 declared a quarterly dividend on Friday, June 15th. Shareholders 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 2.51%. 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, August, 1st. The financial services provider reported $0.24 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.01. The financial services provider had revenue of $191.40 million for the quarter, compared to analyst estimates of $186.41 million. Paramount Group had a negative return on equity of 1.01% and a negative net margin of 6.89%. The firm's quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $0.23 earnings per share. View Paramount Group's Earnings History.

Paramount Group is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Paramount Group.

Paramount Group updated its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of $0.93-0.97 for the period, compared to the Thomson Reuters consensus estimate of $0.95.

3 equities research analysts have issued twelve-month target prices for Paramount Group's shares. Their forecasts range from $14.00 to $16.00. On average, they anticipate Paramount Group's stock price to reach $14.8333 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View Analyst Price Targets 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." View Analyst Ratings for Paramount Group.

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

(PGRE) raised $2.3 billion in an initial public offering (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.

Media coverage about PGRE stock has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news 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 daily sentiment score of 0.11 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 45.59 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Paramount Group.

Paramount Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.38%), Long Pond Capital LP (5.93%), Morgan Stanley (3.34%), Presima Inc. (1.79%), Dimensional Fund Advisors LP (1.30%) and Duff & Phelps Investment Management Co. (1.25%). View Institutional Ownership Trends for Paramount Group.

PGRE stock was sold by a variety of institutional investors in the last quarter, including Long Pond Capital LP, FMR LLC, Duff & Phelps Investment Management Co., Eagle Asset Management Inc., Wolverine Asset Management LLC, GSA Capital Partners LLP, Forward Management LLC and Voya Investment Management LLC. View Insider Buying and Selling for Paramount Group.

PGRE stock was purchased by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Morgan Stanley, Millennium Management LLC, Presima Inc., Bank of Montreal Can, Heitman Real Estate Securities LLC, Renaissance Technologies LLC and Schwab Charles Investment Management Inc.. 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 $15.94.

Paramount Group has a market capitalization of $3.73 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]