Paramount Group Inc (NYSE:PGRE) price on current trading day, rose 3.62% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.45.
A look at the stock’s price movement, the level at last check in today’s session was $4.29, moving within a range at $4.095 and $4.48. Turning to its 52-week performance, $5.47 and $3.75 were the 52-week high and 52-week low respectively. Overall, PGRE moved 2.66% over the past month.
Paramount Group Inc’s market cap currently stands at around $1.06 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26. The company has a Forward Dividend ratio of 0.02, with its dividend yield at 0.44%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 165.39M for the company’s revenue for the quarter, with a low and high estimate of 154.5M and 175.2M respectively. The average forecast suggests down to a -11.75% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 666.88M, representing a -11.96% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PGRE is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend PGRE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PGRE’s current price about 5.74% and 4.48% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.50, while 7-day volatility ratio is 2.26% and 4.05% in the 30-day chart. Further, Paramount Group Inc (PGRE) has a beta value of 1.14, and an average true range (ATR) of 0.16. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $4 and high of $4. Looking at the price targets, the low is 10.11% off recent price level in today’s trading while to achieve the yearly target high, it has to move 10.11%. Nonetheless, investors will most likely welcome a 10.11% jump to $4 which is the analysts’ median price.
If we refocus on Paramount Group Inc (NYSE:PGRE), historical trading data shows that trading volumes averaged 3.47 over the past 10 days and 1.88 million over the past 3 months. The company’s latest data on shares outstanding shows there are 217.53 million shares.
The 15.97% of Paramount Group Inc’s shares are in the hands of company insiders while institutional holders own 65.40% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.84 million on 2025-04-15, giving us a short ratio of 2.49. The data shows that as of 2025-04-15 short interest in Paramount Group Inc (PGRE) stood at 455.00003 of shares outstanding, with shares short rising to 4.19 million registered in 2025-03-14. Current price change has pushed the stock -10.02% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PGRE stock continues to rise going into the next quarter.
