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Paramount Group (PGRE)
:PGRE
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PGRE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$4.21 - $5.47
Previous CloseN/A
Volume171.34K
Average Volume (3M)1.02M
Market Cap
$2.34B
Enterprise Value$5.15B
Total Cash (Recent Filing)$162.97M
Total Debt (Recent Filing)$3.59B
Price to Earnings (P/E)―
Beta1.34
Next Earnings
Feb 12, 2025EPS Estimate
-0.04Last Dividend Ex-Date
Jun 28, 2024Dividend Yield3.06%
Share Statistics
EPS (TTM)-0.98
Shares Outstanding217,518,590
10 Day Avg. Volume964,505
30 Day Avg. Volume1,023,147
Standard Deviation0.13
R-Squared0.26
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.80
Price to Cash Flow (P/CF)6.30
P/FCF Ratio1.80
Enterprise Value/Market Cap2.20
Enterprise Value/Revenue6.75
Enterprise Value/Gross Profit11.48
Enterprise Value/Ebitda34.73
Forecast
1Y Price Target
$4.75Price Target Upside4.17% 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 reported earnings per share surpassed expectations, highlighting strong financial performance.
Future Financial OutlookThe raised financial guidance indicates confidence in future earnings and growth potential.
Leasing ActivityAn increased leasing target reflects an optimistic outlook for the company's business expansion.
Bears Say
Cash Rent SpreadsCash rent spreads deteriorated meaningfully to -10.4% compared to +1.0% last quarter.
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
6.12% Insiders
17.80% Mutual Funds
11.06% Other Institutional Investors
46.69% Public Companies and
Individual Investors
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 $5.47 in the past 12 months.
What is Paramount Group’s market cap?
Paramount Group’s market cap is $2.34B.
When is Paramount Group’s upcoming earnings report date?
Paramount Group’s upcoming earnings report date is Feb 12, 2025 which is in 21 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 $0.07 which represents an annual dividend yield of 3.06%. See more information on Paramount Group dividends here
What is Paramount Group’s EPS estimate?
Paramount Group’s EPS estimate is -0.04.
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?
Currently, no hedge funds are holding shares in PGRE
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Paramount Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$4.75 (4.17% Upside)
$4.75 (4.17% Upside)
Blogger Sentiment
Neutral
PGRE Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 540.4K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.23%
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
Earnings Call Sentiment|Neutral
The earnings call presented several positive aspects such as surpassing core FFO expectations, strong leasing activity, and a healthy cash position. However, these were balanced by challenges like declining occupancy rates, difficulties in the San Francisco leasing market, and negative financial metrics on some leased spaces. The suspension of the quarterly dividend also highlights a cautious financial approach.Read More>---
PGRE Stock 12 Month Forecast
Average Price Target
$4.75
▲(4.17% Upside)
Technical Analysis
SL Green Realty
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Vornado Realty
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Boston Properties
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Empire State Realty
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Hudson Pacific Properties
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Douglas Emmett
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Best Analysts Covering PGRE
1 Year
1 Year Success Rate
11/19 ratings generated profit
1 Year Average Return
+12.07%
assigned a sell rating 2 months ago
Copying Blaine Heck's trades and holding each position for 1 Year would result in 57.89% of your transactions generating a profit, with an average return of +12.07% per trade.
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