News stories about Paramount Group (NYSE:PGRE) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. 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 coverage optimism score of 0.21 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 47.9684465916123 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Paramount Group (PGRE) traded down $0.07 during midday trading on Friday, reaching $16.32. The company had a trading volume of 328,174 shares, compared to its average volume of 1,085,829. Paramount Group has a 1 year low of $15.14 and a 1 year high of $17.58. The firm has a market capitalization of $3,934.81, a PE ratio of 19.28, a PEG ratio of 3.10 and a beta of 0.80.

Paramount Group (NYSE:PGRE) last issued its quarterly earnings results on Monday, November 6th. The financial services provider reported $0.22 EPS for the quarter, beating the consensus estimate of $0.21 by $0.01. The firm had revenue of $179.80 million during the quarter, compared to analysts’ expectations of $172.85 million. Paramount Group had a return on equity of 1.76% and a net margin of 12.29%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.20 earnings per share. equities analysts forecast that Paramount Group will post 0.89 earnings per share for the current year.

Several research firms have recently weighed in on PGRE. Zacks Investment Research raised Paramount Group from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Wednesday, August 16th. TheStreet cut Paramount Group from a “c” rating to a “d+” rating in a research report on Thursday, November 16th. Four investment analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. Paramount Group has a consensus rating of “Hold” and a consensus target price of $16.42.

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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)

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