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Paramount Group (PGRE)
NYSE:PGRE
Holding PGRE?
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PGRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.21 - $5.60
Previous Close$4.9
Volume875.20K
Average Volume (3M)911.22K
Market Cap
$2.50B
Enterprise Value$3.06B
Total Cash (Recent Filing)$318.73M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Feb 12, 2025EPS Estimate
-$0.05Last Dividend Ex-Date
Jun 28, 2024Dividend Yield2.86%
Share Statistics
EPS (TTM)-0.98
Shares Outstanding217,518,587
10 Day Avg. Volume718,152
30 Day Avg. Volume911,223
Standard Deviation0.13
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.34
Price to Sales (P/S)1.93
Price to Cash Flow (P/CF)6.70
P/FCF Ratio1.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.01
Enterprise Value/Gross Profit6.81
Enterprise Value/Ebitda20.62
Forecast
1Y Price Target
$5.17Price Target Upside4.87% Upside
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 3Q24 FFO was reported at $0.19 per share, exceeding consensus expectations, indicating better-than-expected performance in financial results.
Future Financial PerformanceThe guidance for 2024 FFO was raised to $0.79, which is above the consensus, suggesting confidence in future financial performance.
Leasing ActivityThe company raised its leasing target to 875k square feet, showing an optimistic outlook for leasing activity.
Bears Say
Financial PerformanceCash SS-NOI growth decreased by 2.9%, driven by lower rent spreads, suggesting difficulties in maintaining rental income levels.
Leasing ActivityLeasing volume was 179KSF, significantly below the long-term Q3 average of approximately 270KSF, highlighting a decline in leasing activity.
Occupancy And LeasingThe company's leased occupancy dropped to 84.7%, which is below market expectations and could indicate potential challenges in attracting or retaining tenants.
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Ownership Overview
6.13% Insiders
17.98% Mutual Funds
11.06% Other Institutional Investors
45.42% 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 $4.21 and its highest was $5.60 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 52 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 Undervalued.
Does Paramount Group pay dividends?
Paramount Group pays a Quarterly dividend of $0.035 which represents an annual dividend yield of 2.86%. 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 12M.
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Paramount Group Stock Smart Score
Unlock Smart Score
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9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$5.17 (4.87% Upside)
$5.17 (4.87% Upside)
Blogger Sentiment
Neutral
PGRE Sentiment 50%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 540.4K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-9.22%
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
▲(4.87% Upside)
Technical Analysis
Best Analysts Covering PGRE
1 Year
1 Year Success Rate
10/19 ratings generated profit
1 Year Average Return
+9.43%
assigned a sell rating last month
Copying Blaine Heck's trades and holding each position for 1 Year would result in 52.63% of your transactions generating a profit, with an average return of +9.43% per trade.
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