Paramount Group downgraded by Morgan Stanley with a new price target
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Morgan Stanley downgraded Paramount Group from Overweight to Equal-Weight and set a new price target of $6.50 from $8.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/18/2024 | $5.00 | Underperform → In-line | Evercore ISI |
| 11/13/2023 | $5.00 → $4.00 | Neutral → Underperform | BofA Securities |
| 3/1/2023 | $5.50 | Neutral | BofA Securities |
| 11/23/2022 | $8.00 → $6.50 | Overweight → Equal-Weight | Morgan Stanley |
| 11/21/2022 | $8.00 → $6.50 | In-line → Underperform | Evercore ISI |
| 10/19/2022 | Buy → Neutral | BTIG Research | |
| 3/1/2022 | $10.50 → $14.00 | Overweight | Morgan Stanley |
| 1/20/2022 | $11.00 → $10.50 | Neutral → Buy | Mizuho |
4 - Paramount Group, Inc. (0001605607) (Issuer)
4 - Paramount Group, Inc. (0001605607) (Issuer)
4 - Paramount Group, Inc. (0001605607) (Issuer)
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and release its third quarter 2024 financial results on Wednesday, October 30, 2024 after the end of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, October 31, 2024 at 10:00 a.m. Eastern Time (ET), during which management will discuss the third quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. The confe
Paramount Group, Inc. (NYSE:PGRE) ("Paramount") announced today that its board of directors suspended the Company's regular quarterly dividend that would have otherwise been payable on October 15, 2024. During 2024, Paramount paid three regular quarterly dividends aggregating $0.1050 per share of common stock, which approximates 100% of its estimated 2024 taxable income. Albert Behler, Chairman, Chief Executive Officer and President of Paramount commented, "The decision by our Board of Directors to suspend our regular quarterly dividend aligns with our commitment to fortify our balance sheet and maintain the utmost financial flexibility." About Paramount Group, Inc. Headquartered in New
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2024 with the U.S. Securities and Exchange Commission and release its second quarter 2024 financial results on Wednesday, July 31, 2024 after the end of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, August 1, 2024 at 10:00 a.m. Eastern Time (ET), during which management will discuss the second quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. The conference
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has appointed Paula Sutter to its Board of Directors (the "Board") as an independent director, effective immediately. With the addition of Ms. Sutter, Paramount's Board now comprises ten members, nine of whom are independent. "Paula is a highly experienced business executive who brings added depth and perspective to our Board of Directors," said Albert Behler, Chairman, Chief Executive Officer and President of Paramount Group. "Her appointment is also in keeping with our commitment to increase the number of women on the Board. Paula will be a valuable addition to the Board and we look forward to workin
SC 13G/A - Paramount Group, Inc. (0001605607) (Subject)
SC 13G/A - Paramount Group, Inc. (0001605607) (Subject)
SC 13G/A - Paramount Group, Inc. (0001605607) (Subject)
Evercore ISI upgraded Paramount Group from Underperform to In-line and set a new price target of $5.00
BofA Securities downgraded Paramount Group from Neutral to Underperform and set a new price target of $4.00 from $5.00 previously
BofA Securities resumed coverage of Paramount Group with a rating of Neutral and set a new price target of $5.50
8-K - Paramount Group, Inc. (0001605607) (Filer)
10-Q - Paramount Group, Inc. (0001605607) (Filer)
8-K - Paramount Group, Inc. (0001605607) (Filer)
Paramount Group (NYSE:PGRE) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.20 by 10 percent. This is a 15.38 percent decrease over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $188.877 million which beat the analyst consensus estimate of $183.329 million by 3.03 percent. This is a 0.21 percent increase over sales of $188.474 million the same period last year.
Morgan Stanley analyst Ronald Kamdem maintains Paramount Group (NYSE:PGRE) with a Equal-Weight and lowers the price target from $4.7 to $4.5.
– Raises Guidance for Full Year 2024 – Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 today and reported results for the third quarter ended September 30, 2024. Third Quarter Highlights: Results of Operations: Reported net loss attributable to common stockholders of $9.7 million, or $0.04 per diluted share, for the quarter ended September 30, 2024, compared to $8.4 million, or $0.04 per diluted share, for the quarter ended September 30, 2023. Reported Core Funds from Operations ("Core FFO") attributable to common stockholders of $40.5 million, or $0.19 per diluted share, for the quarter
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and release its third quarter 2024 financial results on Wednesday, October 30, 2024 after the end of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, October 31, 2024 at 10:00 a.m. Eastern Time (ET), during which management will discuss the third quarter results and provide commentary on business performance. A question and answer session with analysts and investors will follow the prepared remarks. The confe
Paramount Group, Inc. (NYSE:PGRE) ("Paramount") announced today that its board of directors suspended the Company's regular quarterly dividend that would have otherwise been payable on October 15, 2024. During 2024, Paramount paid three regular quarterly dividends aggregating $0.1050 per share of common stock, which approximates 100% of its estimated 2024 taxable income. Albert Behler, Chairman, Chief Executive Officer and President of Paramount commented, "The decision by our Board of Directors to suspend our regular quarterly dividend aligns with our commitment to fortify our balance sheet and maintain the utmost financial flexibility." About Paramount Group, Inc. Headquartered in New