Paramount Group (NYSE:PGRE) Getting Somewhat Positive News Coverage, Study Shows

News headlines about Paramount Group (NYSE:PGRE) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Paramount Group earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.1796324481981 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s analysis:

A number of research firms have weighed in on PGRE. TheStreet raised Paramount Group from a “d+” rating to a “c-” rating in a report on Thursday, December 21st. Zacks Investment Research raised Paramount Group from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a report on Wednesday, November 15th. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $16.40.

Paramount Group (NYSE PGRE) traded down $0.14 during midday trading on Tuesday, reaching $15.02. The company’s stock had a trading volume of 1,334,211 shares, compared to its average volume of 1,052,820. Paramount Group has a 12 month low of $14.99 and a 12 month high of $17.58. The firm has a market capitalization of $3,639.52, a P/E ratio of 40.59, a price-to-earnings-growth ratio of 3.23 and a beta of 0.80.

Paramount Group (NYSE:PGRE) last posted its earnings results on Monday, November 6th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. Paramount Group had a net margin of 12.29% and a return on equity of 1.76%. The company had revenue of $179.80 million during the quarter, compared to analysts’ expectations of $172.85 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. Paramount Group’s quarterly revenue was up 5.0% compared to the same quarter last year. equities analysts predict that Paramount Group will post 0.9 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date was Thursday, December 28th. Paramount Group’s dividend payout ratio (DPR) is currently 102.70%.

ILLEGAL ACTIVITY WARNING: “Paramount Group (NYSE:PGRE) Getting Somewhat Positive News Coverage, Study Shows” was originally posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The original version of this piece of content can be read at

About Paramount Group

Paramount Group, Inc is a fully-integrated real estate investment trust (REIT) focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City, Washington, District of Columbia (DC) and San Francisco. The Company conducts its business through, and substantially all its interests in properties and investments are held by, Paramount Group Operating Partnership LP (the Operating Partnership).

Insider Buying and Selling by Quarter for Paramount Group (NYSE:PGRE)

Receive News & Ratings for Paramount Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Group and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply