Paramount Group (PGRE) Expected to Announce Quarterly Earnings on Wednesday

Paramount Group (NYSE:PGRE) is expected to be posting its Q1 2025 quarterly earnings results 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 released its earnings results on Thursday, February 27th. The financial services provider reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $186.27 million during the quarter, compared to the consensus estimate of $180.41 million. Paramount Group had a negative return on equity of 5.26% and a negative net margin of 27.92%. 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 Price Performance

Paramount Group stock opened at $4.34 on Wednesday. The business’s 50-day simple moving average is $4.27 and its 200 day simple moving average is $4.67. The company has a quick ratio of 4.45, a current ratio of 4.45 and a debt-to-equity ratio of 0.91. The stock has a market cap of $951.44 million, a price-to-earnings ratio of -4.43 and a beta of 1.10. Paramount Group has a 12-month low of $3.75 and a 12-month high of $5.47.

Insider Buying and Selling

In other Paramount Group news, CEO Albert P. Behler acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were acquired at an average price of $4.15 per share, with a total value of $41,500.00. Following the purchase, the chief executive officer now owns 751,812 shares of the company’s stock, valued at $3,120,019.80. This represents 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.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on PGRE shares. Mizuho dropped their price target on shares of Paramount Group from $6.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Morgan Stanley reissued an “underweight” rating and issued a $3.25 price target on shares of Paramount Group in a research note on Tuesday, April 15th.

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.