Paramount Group/PGRE

$4.37

-1.35%
-
1D1W1MYTD1YMAX

About Paramount Group

Paramount Group, Inc. is a real estate investment trust (REIT), which is focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City and San Francisco. The Company conducts its business through, and substantially all its interests in properties and investments are held by, Paramount Group Operating Partnership LP (the Operating Partnership). The Company's segments include New York and San Francisco. It owns and/or manages approximately eight wholly and partially owned properties aggregating 8.7 million square feet in New York; six wholly and partially owned properties aggregating 4.3 million square feet in San Francisco, and four managed properties aggregating 0.8 million square feet in New York and Washington, D.C. The Company also has an investment management business, where it serves as the general partner of real estate funds for institutional investors and high net-worth individuals.

Ticker

PGRE

Sector

Real Estate

Trading on

NYSE

Industry

Real Estate Operations

CEO

Albert Behler

Employees

329

Headquarters

New york, United States

Paramount Group Metrics

BasicAdvanced
$963M
Market cap
-
P/E ratio
-$1.16
EPS
1.24
Beta
$0.14
Dividend rate
3.16%
Dividend yield
$963M
1.2397
$5.92
$4.06
1.1M
$0.14
114.717
114.717
0.33%
-4.42%
-7.44%
-5.04%
1.295
0.301
0.307
7.654
3.62%
3.16%
3.16%
-0.27%
-565.73%
1.32%
-20.99%

What the Analysts think about Paramount Group

Analyst Ratings

Majority rating from 7 analysts.
Hold

Price Targets

Average projection from 5 analysts.
5.26% upside
High $6.00
Low $3.50
$4.37
Current price
$4.60
Average price target

Paramount Group Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
5.19% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$189M
-1.87%
Net income
$9.8M
-104.77%
Profit margin
5.19%
-104.86%

Paramount Group Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 171.43%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$0.02
-$0.04
-$0.95
$0.05
-
Expected
-$0.07
-$0.04
-$0.04
-$0.07
-$0.08
Surprise
-71.43%
0%
2,275%
-171.43%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Paramount Group stock?

Paramount Group (PGRE) has a market cap of $963M as of May 30, 2024.

What is the P/E ratio for Paramount Group stock?

The price to earnings (P/E) ratio for Paramount Group (PGRE) stock is 0 as of May 30, 2024.

Does Paramount Group stock pay dividends?

Yes, the Paramount Group (PGRE) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $0.14 and the yield is 3.16%. Paramount Group has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Paramount Group dividend payment date?

The next Paramount Group (PGRE) dividend payment date is unconfirmed.

What is the beta indicator for Paramount Group?

Paramount Group (PGRE) has a beta rating of 1.24. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Paramount Group stock price target?

The target price for Paramount Group (PGRE) stock is $4.6, which is 5.26% above the current price of $4.37. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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