NYSE:PGRE Paramount Group (PGRE) Stock Price, News & Analysis → The biggest energy story ever? (From Porter & Company) (Ad) Free PGRE Stock Alerts $4.80 +0.18 (+3.90%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$4.55▼$4.8250-Day Range$4.31▼$4.8352-Week Range$4.06▼$5.92Volume1.67 million shsAverage Volume1.27 million shsMarket Capitalization$1.04 billionP/E RatioN/ADividend Yield2.92%Price Target$4.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Paramount Group alerts: Email Address Paramount Group MarketRank™ Stock AnalysisAnalyst RatingReduce1.80 Rating ScoreUpside/Downside4.2% Downside$4.60 Price TargetShort InterestHealthy3.89% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.87Upright™ Environmental ScoreNews Sentiment0.42Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth-15.07%From $0.73 to $0.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.33 out of 5 starsReal Estate Sector3rd out of 9 stocksREIT - Office Industry1st out of 2 stocks 0.9 Analyst's Opinion Consensus RatingParamount Group has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on 1 buy rating, 2 hold ratings, and 2 sell ratings.Amount of Analyst CoverageParamount Group has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.89% 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 5.6.Change versus previous monthShort interest in Paramount Group has recently decreased by 18.37%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldParamount Group pays a meaningful dividend of 3.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthParamount Group does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Paramount Group will have a dividend payout ratio of 22.58% 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 2.5 News and Social Media Coverage News SentimentParamount Group has a news sentiment score of 0.42. 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 Real Estate companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Paramount Group this week, compared to 2 articles on an average week.Search Interest1 people have searched for PGRE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Paramount Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Group insiders have not sold or bought any company stock.Percentage Held by Insiders13.50% 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 Institutions65.64% 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 -15.07% in the coming year, from $0.73 to $0.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Group is -4.00, 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 -4.00, 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 0.24. 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 0.26. 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 Ad Stansberry ResearchUrgent dollar warningYour 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.Find out for free here. About Paramount Group Stock (NYSE:PGRE)Paramount Group, Inc. ("Paramount" or the "Company") is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.Read More PGRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PGRE Stock News HeadlinesMay 2, 2024 | nytimes.comSony and Apollo Express Interest in Buying Paramount in $26 Billion DealMay 1, 2024 | msn.comParamount FFO of $0.22 beats by $0.01, revenue of $188.88M beats by $5.55MMay 2, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.May 1, 2024 | finance.yahoo.comParamount Group Inc (PGRE) Q1 2024 Earnings: Surpasses Analyst Net Income EstimatesMay 1, 2024 | businesswire.comParamount Announces First Quarter 2024 ResultsApril 30, 2024 | msn.comParamount “Office of the CEO” Trio’s Memo to Staff: A “New Long-Term Plan” Is Being FinalizedApril 29, 2024 | msn.comParamount’s New “Office of the CEO” Has a Big First Task: Not Letting CBS Go Dark With CharterApril 29, 2024 | nytimes.comSkydance Offers Paramount a Deal Sweetener: A $3 Billion Cash InfusionMay 2, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.April 27, 2024 | msn.comParamount Plus' Knuckles: Everything You Need To KnowApril 25, 2024 | msn.comParamount sinks amid report deal with Skydance is getting closerApril 24, 2024 | americanbankingnews.comParamount Group (PGRE) Scheduled to Post Earnings on WednesdayApril 12, 2024 | msn.comReddit Group With 1 Million Paramount Shares Are 'Deeply Disturbed' by Potential Skydance DealApril 11, 2024 | businesswire.comParamount Announces Release Date for First Quarter 2024 ResultsApril 3, 2024 | benzinga.comParamount, Skydance Deal Talks Fuel Investor Interest But Charts Indicate Mixed SentimentsApril 1, 2024 | msn.comNetflix Co-Founder Says The Best Reason To Work On A Startup 'Isn't To Make Money'April 1, 2024 | msn.comI'm subscribing to Paramount Plus in April — here's whyMarch 29, 2024 | msn.comNew on Paramount Plus in April 2024 — all the new shows and movies to watchMarch 18, 2024 | businesswire.comParamount Signs 74,000 Square Foot Lease at 1301 Avenue of the AmericasMarch 18, 2024 | investorplace.com7 REITs to Sell in March Before They Crash & BurnMarch 4, 2024 | bizjournals.comParamount could return two downtown San Francisco office buildings to lenders as maturity dates loomMarch 2, 2024 | markets.businessinsider.comBuy Rating for Paramount Group: Strategic Growth in NYC’s Recovering Real Estate MarketMarch 1, 2024 | seekingalpha.comParamount Group: Blue Chip Tenants And Rock Bottom ValuationFebruary 29, 2024 | health.usnews.comIndependent Living Communities Near Paramount, CAFebruary 19, 2024 | finance.yahoo.comPGRE Mar 2024 7.500 callFebruary 18, 2024 | msn.com5 new to Paramount Plus movies with 90% or higher on Rotten TomatoesFebruary 17, 2024 | finance.yahoo.comPGRE Mar 2024 2.500 putSee More Headlines 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 Company Calendar Last Earnings4/27/2022Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today5/02/2024Next Earnings (Estimated)7/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorReal Estate Industry REIT - Office Sub-IndustryN/A Current SymbolNYSE:PGRE Previous SymbolNASDAQ:PGRE CUSIPN/A CIK1605607 Webwww.paramount-group.com Phone(212) 237-3100FaxN/AEmployees329Year FoundedN/APrice Target and Rating Average Stock Price Target$4.60 High Stock Price Target$6.00 Low Stock Price Target$3.50 Potential Upside/Downside-0.6%Consensus RatingReduce Rating Score (0-4)1.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.20) Trailing P/E RatioN/A Forward P/E Ratio6.34 P/E Growth0.24Net Income$-259,740,000.00 Net Margins-34.97% Pretax Margin-49.80% Return on Equity-6.07% Return on Assets-3.13% Debt Debt-to-Equity Ratio0.95 Current Ratio4.61 Quick Ratio4.61 Sales & Book Value Annual Sales$742.79 million Price / Sales1.35 Cash FlowN/A Price / Cash FlowN/A Book Value$18.47 per share Price / Book0.25Miscellaneous Outstanding Shares217,330,000Free Float187,990,000Market Cap$1.01 billion OptionableOptionable Beta1.20 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Albert Paul Thomas Behler (Age 72)Chairman, CEO & President Comp: $2.99MMr. Wilbur Paes CPA (Age 47)COO, CFO & Treasurer Comp: $1.87MMr. Gage Johnson (Age 62)Senior VP, General Counsel & Secretary Comp: $864.87kMr. Peter R.C. Brindley (Age 47)Executive VP & Head of Real Estate Comp: $1.48MMs. Ermelinda Berberi (Age 43)Senior VP & Chief Accounting Officer Mr. Thomas Francis Hennessy IIIVice President of Business Development & Investor RelationsMr. Vito Messina (Age 61)Senior Vice President of Asset Management Mr. David S. EatonSenior Vice President of LeasingMore ExecutivesKey CompetitorsService Properties TrustNASDAQ:SVCCenterspaceNYSE:CSRFranklin BSP Realty TrustNYSE:FBRTChimera InvestmentNYSE:CIMPlymouth Industrial REITNYSE:PLYMView All CompetitorsInstitutional OwnershipBNP Paribas Financial MarketsBought 16,717 shares on 5/1/2024Ownership: 0.051%Sumitomo Mitsui Trust Holdings Inc.Sold 3,958 shares on 4/19/2024Ownership: 0.090%Ballentine Partners LLCBought 3,789 shares on 4/11/2024Ownership: 0.012%Quadrature Capital LtdBought 47,586 shares on 3/25/2024Ownership: 0.033%B. Riley Wealth Advisors Inc.Sold 30,000 shares on 3/15/2024Ownership: 0.060%View All Institutional Transactions PGRE Stock Analysis - Frequently Asked Questions Should I buy or sell Paramount Group stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" PGRE shares. View PGRE analyst ratings or view top-rated stocks. What is Paramount Group's stock price target for 2024? 5 Wall Street analysts have issued twelve-month price targets for Paramount Group's stock. Their PGRE share price targets range from $3.50 to $6.00. On average, they expect the company's share price to reach $4.60 in the next twelve months. This suggests that the stock has a possible downside of 4.2%. View analysts price targets for PGRE or view top-rated stocks among Wall Street analysts. How have PGRE shares performed in 2024? Paramount Group's stock was trading at $5.17 at the beginning of the year. Since then, PGRE shares have decreased by 7.2% and is now trading at $4.80. View the best growth stocks for 2024 here. Are investors shorting Paramount Group? Paramount Group saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 6,930,000 shares, a decline of 18.4% from the March 31st total of 8,490,000 shares. Based on an average daily trading volume, of 1,240,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 3.9% of the company's shares 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 Monday, July 29th 2024. View our PGRE earnings forecast. How were Paramount Group's earnings last quarter? Paramount Group, Inc. (NYSE:PGRE) announced its quarterly earnings data on Wednesday, April, 27th. The financial services provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.21. Paramount Group had a negative trailing twelve-month return on equity of 6.07% and a negative net margin of 34.97%. During the same quarter in the prior year, the firm posted $0.23 earnings per share. How often does Paramount Group pay dividends? What is the dividend yield for Paramount Group? Paramount Group announced a quarterly dividend on Friday, March 15th. Investors of record on Thursday, March 28th will be paid a dividend of $0.035 per share on Monday, April 15th. This represents a $0.14 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for PGRE. Is Paramount Group a good dividend stock? Paramount Group (NYSE:PGRE) pays an annual dividend of $0.14 per share and currently has a dividend yield of 3.02%. 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 VanEck Office and Commercial REIT ETF (DESK).Cambria Global Real Estate ETF (BLDG). What guidance has Paramount Group issued on next quarter's earnings? Paramount Group issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 0.750-0.810 for the period, compared to the consensus estimate of 0.750. 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? Paramount Group (PGRE) raised $2.3 billion in an IPO 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. Who are Paramount Group's major shareholders? Paramount Group's stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.09%), BNP Paribas Financial Markets (0.05%) and Ballentine Partners LLC (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PGRE) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersUrgent Nvidia WarningAltimetryREAD THIS – If You Missed Out On The AI BoomBanyan Hill PublishingA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsTruth about Trump you’ve never heardPorter & CompanyHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithProtect Your Bank Account Before It’s Too LateWeiss RatingsAI “wealth window” is closing June 25thParadigm Press 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. 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
