Paramount Group (PGRE) Expected to Announce Earnings on Wednesday

Paramount Group (NYSE:PGRE) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $180.79 million for the quarter. Paramount Group has set its FY 2025 guidance at 0.510-0.570 EPS.

Paramount Group (NYSE:PGRE) last announced its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. Paramount Group had a negative net margin of 27.92% and a negative return on equity of 5.26%. The company had revenue of $186.27 million for the quarter, compared to the consensus estimate of $180.41 million. On average, analysts expect Paramount Group to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paramount Group Stock Down 1.0 %

PGRE stock traded down $0.05 during trading on Tuesday, hitting $4.34. 174,642 shares of the stock traded hands, compared to its average volume of 1,201,472. Paramount Group has a 1 year low of $3.75 and a 1 year high of $5.47. The firm’s 50 day moving average is $4.24 and its two-hundred day moving average is $4.65. The stock has a market cap of $950.34 million, a price-to-earnings ratio of -4.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.45 and a quick ratio of 4.45.

Wall Street Analyst Weigh In

Several brokerages recently commented on PGRE. Mizuho cut their price objective on shares of Paramount Group from $6.00 to $5.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Morgan Stanley reiterated an “underweight” rating and issued a $3.25 price objective on shares of Paramount Group in a research note on Tuesday, April 15th. Finally, StockNews.com cut shares of Paramount Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 23rd.

Insider Activity at Paramount Group

In related news, CEO Albert P. Behler bought 10,000 shares of Paramount Group stock in a transaction dated Friday, March 21st. The shares were acquired at an average cost of $4.15 per share, with a total value of $41,500.00. Following the completion of the transaction, the chief executive officer now owns 751,812 shares in the company, valued at $3,120,019.80. The trade was a 1.35 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 13.80% of the stock is owned by insiders.

Paramount Group Company Profile

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.