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Paramount Group (PGRE)
NYSE:PGRE
Paramount Group (PGRE) Stock Price & Analysis
97 Followers
PGRE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.00 - $5.83
Previous Close$4.83
Volume430.40K
Average Volume (3M)1.12M
Market Cap
$1.12B
Enterprise Value$1.53B
Total Cash (Recent Filing)$428.21M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)-4.2
Beta1.02
Next Earnings
Jul 23, 2024EPS Estimate
-$0.08Last Dividend Ex-Date
Mar 27, 2024Dividend Yield2.9%
Share Statistics
EPS (TTM)-1.16
Shares Outstanding217,329,254
10 Day Avg. Volume919,334
30 Day Avg. Volume1,117,088
Standard Deviation0.12
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.33
Price to Sales (P/S)5.45
Price to Cash Flow (P/CF)2.60
P/FCF Ratio2.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.06
Enterprise Value/Gross Profit2.06
Enterprise Value/Ebitda13.72
Forecast
1Y Price Target
$5.17Price Target Upside9.88% Upside
Rating ConsensusHold
Number of Analyst Covering4
Paramount Group News
PremiumCompany Announcements
Paramount Group’s Board Changes and Shareholder Voting Results
Bulls Say, Bears Say
Bulls Say
Earnings GuidanceAnalyst's revised earnings guidance highlights a positive shift, with future funds from operations per share exceeding consensus estimates, signaling a robust financial outlook.
Operational PerformanceThe company's net operating income forecast has been raised, reflecting an optimistic perspective on its operational efficiency and profitability.
Real Estate Market DynamicsStrong leasing activity and the resurgence of high-end retail demand in prime New York City locations underscore the firm's solid position in a recovering real estate market.
Bears Say
Asset ValuationDesignation of two San Francisco assets as non-core reflects value erosion in a previously strong office market.
Financial GuidanceCash Same-Store Net Operating Income guidance was initiated at -5.0%, indicating a potential decline.
Occupancy LevelsLeased occupancy decreased, now at 89.1%.
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Ownership Overview
16.19% Insiders
17.16% Mutual Funds
30.67% Other Institutional Investors
35.98% 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 $4.00 and its highest was $5.83 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 Jul 23, 2024 which is in 64 days.
How were Paramount Group’s earnings last quarter?
Paramount Group released its earnings results on May 01, 2024. The company reported -$0.015 earnings per share for the quarter, beating the consensus estimate of -$0.07 by $0.055.
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 $0.04 which represents an annual dividend yield of 2.9%. See more information on Paramount Group dividends here
What is Paramount Group’s EPS estimate?
Paramount Group’s EPS estimate is -$0.08.
How many shares outstanding does Paramount Group have?
Paramount Group has 217,329,250 shares outstanding.
What happened to Paramount Group’s price movement after its last earnings report?
Paramount Group reported an EPS of -$0.015 in its last earnings report, beating expectations of -$0.07. Following the earnings report the stock price went up 3.896%.
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
Neutral
1
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5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$5.17 (9.88% Upside)
$5.17 (9.88% Upside)
Blogger Sentiment
Bearish
PGRE Sentiment 67%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 637.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.38%
12-Months-Change
Fundamentals
Return on Equity
-7.44%
Trailing 12-Months
Asset Growth
-6.49%
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
Q1 2024
0:00 / 0:00
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PGRE Stock 12 Month Forecast
Average Price Target
$5.17
▲(9.88% Upside)
Technical Analysis
Franklin Street Properties
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Omega Healthcare
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Hudson Pacific Properties
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Welltower
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Best Analysts Covering PGRE
1 Year
1 Year Success Rate
8/14 ratings generated profit
1 Year Average Return
+12.29%
reiterated a sell rating 2 months ago
Copying Blaine Heck's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +12.29% per trade.
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