Paramount Group (NYSE:PGRE) Issues FY 2025 Earnings Guidance

Paramount Group (NYSE:PGREGet Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.510-0.570 for the period, compared to the consensus EPS estimate of 0.480. The company issued revenue guidance of -.

Paramount Group Stock Performance

Shares of PGRE stock traded up $0.02 during trading hours on Thursday, hitting $4.61. The stock had a trading volume of 1,188,269 shares, compared to its average volume of 920,383. The stock’s 50 day moving average is $4.74 and its 200 day moving average is $4.88. Paramount Group has a twelve month low of $4.21 and a twelve month high of $5.47. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.45 and a quick ratio of 4.45. The firm has a market capitalization of $1.00 billion, a PE ratio of -4.70 and a beta of 1.22.

Paramount Group (NYSE:PGREGet Free Report) last issued its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. Paramount Group had a negative return on equity of 5.26% and a negative net margin of 27.92%. As a group, research analysts forecast that Paramount Group will post 0.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Mizuho decreased their target price on Paramount Group from $6.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $4.63.

Check Out Our Latest Analysis on PGRE

Paramount Group Company Profile

(Get Free Report)

Paramount Group, Inc (“Paramount” or the “Company”) is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

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