Paramount Group (NYSE:PGRE) Updates FY 2025 Earnings Guidance

Paramount Group (NYSE:PGRE - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.510-0.570 for the period, compared to the consensus estimate of 0.480. The company issued revenue guidance of -.

Analyst Ratings Changes

Separately, Mizuho lowered their price objective on shares of Paramount Group from $6.00 to $5.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $4.63.

Paramount Group Stock Performance

PGRE stock traded down $0.16 during trading on Monday, reaching $4.35. 2,178,900 shares of the stock were exchanged, compared to its average volume of 984,948. The stock has a 50 day simple moving average of $4.73 and a 200-day simple moving average of $4.87. The company has a current ratio of 4.45, a quick ratio of 4.45 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $946.21 million, a P/E ratio of -4.44 and a beta of 1.22. Paramount Group has a twelve month low of $4.30 and a twelve month high of $5.47.

Paramount Group (NYSE:PGRE - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $186.27 million for the quarter, compared to analyst estimates of $180.41 million. Paramount Group had a negative return on equity of 5.26% and a negative net margin of 27.92%. As a group, sell-side analysts anticipate that Paramount Group will post 0.78 earnings per share for the current year.

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About Paramount Group

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.