In the latest trading session,, 2.25 million Paramount Group Inc (NYSE:PGRE) shares changed hands as the company’s beta touched 1.23. With the company’s most recent per share price at $5.56 changing hands around $0.78 or 16.32% at last look, the market valuation stands at $2.69B. PGRE’s last price was a premium, traded about 1.62% off its 52-week high of $5.47. The share price had its 52-week low at $3.75, which suggests the last value was 32.55% up since then.
Analysts gave the Paramount Group Inc (PGRE) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.33. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended PGRE as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Paramount Group Inc’s EPS for the current quarter is expected to be 0.
Paramount Group Inc (NYSE:PGRE) trade information
Instantly PGRE is in green as seen in intraday trades today. With action 21.67%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 12.55%, with the 5-day performance at 21.67% in the green. However, in the 30-day time frame, Paramount Group Inc (NYSE:PGRE) is 30.83% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need a downside of -39.0% from its recent market value. According to analyst projections, PGRE’s forecast low is 4 with 4 as the target high. To hit the forecast high, the stock’s price needs a 28.06% surge from its current level, while the stock would need to tank 28.06% for it to hit the projected low.
Paramount Group Inc (PGRE) estimates and forecasts
Year-over-year growth is forecast to reach -14.77% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 166.46M. 1 analysts are of the opinion that Paramount Group Inc’s revenue for the current quarter will be 168.21M. The company’s revenue for the corresponding quarters a year ago was 187.41M and 194.9M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -11.18%. The estimates for the next quarter sales put growth at -13.69%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.94%. The 2025 estimates are for Paramount Group Inc earnings to decrease by -9.52%, but the outlook for the next 5-year period is at -29.87% per year.
PGRE Dividends
Paramount Group Inc is expected to release its next quarterly earnings report in June. The 0.35% annual yield figure for the share gives it an annual dividend of 0.02. It is important to note, however, that the 0.35% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 12.0824% or 26.24 million shares worth $121.51 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 6.72 shares estimated at $36.91 million under it, the former controlled 3.06% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.66% of the shares, roughly 5.83 shares worth around $32.01 million.
