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

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

Paramount Group Price Performance

NYSE:PGRE traded down $0.09 during trading hours on Friday, reaching $4.51. The company had a trading volume of 2,244,495 shares, compared to its average volume of 954,333. The stock has a 50-day moving average of $4.73 and a two-hundred day moving average of $4.87. Paramount Group has a one year low of $4.30 and a one year high of $5.47. The firm has a market capitalization of $981.01 million, a PE ratio of -4.60 and a beta of 1.22. The company has a quick ratio of 4.45, a current ratio of 4.45 and a debt-to-equity ratio of 0.91.

Paramount Group (NYSE:PGRE) last posted its quarterly earnings results on Thursday, February 27th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. The business had revenue of $186.27 million for the quarter, compared to analysts’ expectations of $180.41 million. Paramount Group had a negative return on equity of 5.26% and a negative net margin of 27.92%. Analysts forecast that Paramount Group will post 0.78 earnings per share for the current year.

Analyst Ratings Changes

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

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.