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NYSE:PGRE

Paramount Group (PGRE) Stock Price, News & Analysis

$4.81
-0.06 (-1.23%)
(As of 09/6/2024 ET)
Today's Range
$4.79
$4.91
50-Day Range
$4.55
$5.38
52-Week Range
$4.06
$5.92
Volume
554,966 shs
Average Volume
1.16 million shs
Market Capitalization
$1.05 billion
P/E Ratio
N/A
Dividend Yield
2.91%
Price Target
$4.88

Paramount Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.4% Upside
$4.88 Price Target
Short Interest
Bearish
3.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.87
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-19.23%
From $0.78 to $0.63 Per Share

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.

2.15 out of 5 stars

Finance Sector

611th out of 871 stocks

Real Estate Investment Trusts Industry

123rd out of 178 stocks

PGRE stock logo

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.

PGRE Stock Price History

PGRE Stock News Headlines

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Paramount jumps again on reports Bronfman near offer
Who are Nvidia’s New Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
Paramount Announces Second Quarter 2024 Results
Paramount Group Inc
Get Your Money Out of These 3 REITS by 2025
Paramount Declares Regular Quarterly Dividend
See More Headlines
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Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Previous Symbol
NASDAQ:PGRE
Fax
N/A
Employees
330
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.88
High Stock Price Target
$6.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+1.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-259,740,000.00
Pretax Margin
-37.16%

Debt

Sales & Book Value

Annual Sales
$742.79 million
Book Value
$18.47 per share

Miscellaneous

Free Float
187,990,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
1.25
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Key Executives

  • Mr. Albert Paul Thomas Behler (Age 72)
    Chairman, CEO & President
    Comp: $2.99M
  • Mr. Wilbur Paes CPA (Age 47)
    COO, CFO & Treasurer
    Comp: $1.87M
  • Mr. Gage Johnson (Age 62)
    Senior VP, General Counsel & Secretary
    Comp: $864.87k
  • Mr. Peter R.C. Brindley (Age 47)
    Executive VP & Head of Real Estate
    Comp: $1.48M
  • Ms. Ermelinda Berberi (Age 43)
    Senior VP & Chief Accounting Officer
  • Mr. Thomas Francis Hennessy III
    Vice President of Business Development & Investor Relations
  • Mr. Vito Messina (Age 61)
    Senior Vice President of Asset Management
  • Mr. David S. Eaton
    Senior Vice President of Leasing

PGRE Stock Analysis - Frequently Asked Questions

How have PGRE shares performed this year?

Paramount Group's stock was trading at $5.17 on January 1st, 2024. Since then, PGRE stock has decreased by 7.0% and is now trading at $4.81.
View the best growth stocks for 2024 here
.

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 analysts' consensus estimates of $0.23 by $0.21. Paramount Group had a negative net margin of 27.96% and a negative trailing twelve-month return on equity of 5.15%.

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.

When did Paramount Group IPO?

Paramount Group (PGRE) raised $2.3 billion in an initial public offering 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 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 top institutional shareholders include Jupiter Asset Management Ltd. (4.07%), Long Pond Capital LP (3.45%), Dimensional Fund Advisors LP (1.06%) and Bank of New York Mellon Corp (0.48%). Insiders that own company stock include Albert P Behler, Thomas Armbrust and Gage R Johnson.
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.

What other stocks do shareholders of Paramount Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Freeport-McMoRan (FCX).

This page (NYSE:PGRE) was last updated on 9/7/2024 by MarketBeat.com Staff

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