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

Paramount Group (NYSE:PGRE) 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 -.

Wall Street Analyst Weigh In

Separately, Mizuho lowered their price target 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $4.63.

Paramount Group Stock Performance

NYSE PGRE opened at $4.60 on Friday. The company’s 50 day simple moving average is $4.74 and its two-hundred day simple moving average is $4.87. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.45 and a quick ratio of 4.45. Paramount Group has a 1 year low of $4.30 and a 1 year high of $5.47. The stock has a market capitalization of $1.00 billion, a PE ratio of -4.77 and a beta of 1.22.

Paramount Group (NYSE:PGRE) last posted its quarterly earnings data 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. Paramount Group had a negative return on equity of 5.26% and a negative net margin of 27.92%. Analysts predict that Paramount Group will post 0.78 earnings per share for the current fiscal year.

About Paramount Group

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.