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Paramount Group (PGRE)
NYSE:PGRE
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PGRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.06 - $5.92
Previous Close$5.24
Volume622.84K
Average Volume (3M)835.38K
Market Cap
$2.67B
Enterprise Value$3.23B
Total Cash (Recent Filing)$318.73M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.26
Next Earnings
Feb 12, 2025EPS Estimate
-$0.05Last Dividend Ex-Date
Jun 28, 2024Dividend Yield2.67%
Share Statistics
EPS (TTM)-0.98
Shares Outstanding217,518,587
10 Day Avg. Volume1,172,543
30 Day Avg. Volume835,375
Standard Deviation0.13
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.36
Price to Sales (P/S)1.49
Price to Cash Flow (P/CF)7.20
P/FCF Ratio2.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.23
Enterprise Value/Gross Profit7.20
Enterprise Value/Ebitda21.79
Forecast
1Y Price Target
$5.17Price Target Upside-1.90% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering3
Paramount Group News
PremiumCompany Announcements
Paramount Group Reports Q3 2024 Earnings and Raises Guidance
PremiumPre-Earnings
Is PGRE a Buy, Before Earnings?
PremiumCompany Announcements
Paramount Group’s Board Changes and Shareholder Voting Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's reported financial results surpassed expectations, with a 3Q24 FFO of $0.19 per share exceeding consensus estimates.
Future Financial OutlookThe guidance for 2024 FFO has been raised to $0.79, indicating strong confidence in the company's future financial performance.
Leasing ActivityAn optimistic outlook is highlighted by the increased leasing target of 875k square feet, reflecting potential growth in leasing activity.
Bears Say
Cash SS-NOI GrowthCash SS-NOI growth was down by 2.9%, driven by lower rent spreads, indicating challenges in maintaining rental income levels.
Leased OccupancyThe company's leased occupancy dropped to 84.7%, a decrease of 160 basis points quarter-over-quarter, which is below market expectations.
Leasing VolumeLeasing volume was 179KSF, down from 199KSF in Q2 and below the long-term Q3 average of approximately 270KSF.
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Ownership Overview
6.13% Insiders
17.67% Mutual Funds
0.82% Other Institutional Investors
56.14% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PGRE FAQ
What was Paramount Group’s price range in the past 12 months?
Paramount Group lowest stock price was $4.06 and its highest was $5.92 in the past 12 months.
What is Paramount Group’s market cap?
Currently, no data Available
When is Paramount Group’s upcoming earnings report date?
Paramount Group’s upcoming earnings report date is Feb 12, 2025 which is in 92 days.
How were Paramount Group’s earnings last quarter?
Paramount Group released its earnings results on Oct 30, 2024. The company reported -$0.04 earnings per share for the quarter, beating the consensus estimate of -$0.05 by $0.01.
Is Paramount Group overvalued?
According to Wall Street analysts Paramount Group’s price is currently Overvalued.
Does Paramount Group pay dividends?
Paramount Group pays a Quarterly dividend of $0.04 which represents an annual dividend yield of 2.67%. See more information on Paramount Group dividends here
What is Paramount Group’s EPS estimate?
Paramount Group’s EPS estimate is -$0.05.
How many shares outstanding does Paramount Group have?
Paramount Group has 217,518,590 shares outstanding.
What happened to Paramount Group’s price movement after its last earnings report?
Paramount Group reported an EPS of -$0.04 in its last earnings report, beating expectations of -$0.05. Following the earnings report the stock price went down -3.96%.
Which hedge fund is a major shareholder of Paramount Group?
Among the largest hedge funds holding Paramount Group’s share is HBK Investments LP. It holds Paramount Group’s shares valued at 13M.
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Paramount Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$5.17 (-1.90% Downside)
$5.17 (-1.90% Downside)
Blogger Sentiment
Neutral
PGRE Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 187.4K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.80%
12-Months-Change
Fundamentals
Return on Equity
-6.46%
Trailing 12-Months
Asset Growth
-4.80%
Trailing 12-Months
Company Description
Paramount Group
Paramount 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 was founded by Werner Otto in 1978 and is headquartered in New York, NY.
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PGRE Company Deck
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PGRE Earnings Call
Q3 2024
0:00 / 0:00
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PGRE Stock 12 Month Forecast
Average Price Target
$5.17
▼(-1.90% Downside)
Technical Analysis
Best Analysts Covering PGRE
1 Year
1 Year Success Rate
8/18 ratings generated profit
1 Year Average Return
+7.22%
assigned a sell rating yesterday
Copying Blaine Heck's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of +7.22% per trade.
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