Paramount Group (PGRE) Stock Forecast, Price Target & Predictions


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PGRE Stock Forecast


Paramount Group stock forecast is as follows: an average price target of $6.90 (represents a 35.56% upside from PGRE’s last price of $5.09) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.

PGRE Price Target


The average price target for Paramount Group (PGRE) is $6.90 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $4.50. This represents a potential 35.56% upside from PGRE's last price of $5.09.

PGRE Analyst Ratings


Hold

According to 3 Wall Street analysts, Paramount Group's rating consensus is 'Hold'. The analyst rating breakdown for PGRE stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (66.67%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).

Paramount Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 28, 2024Ronald KamdemMorgan Stanley$4.50$4.60-2.17%-11.59%
Mar 18, 2024Steve SakwaEvercore ISI$5.00$4.657.53%-1.77%
Nov 23, 2022-Morgan Stanley$6.50$6.372.04%27.70%
Sep 27, 2022-Evercore ISI$8.00$6.0532.23%57.17%
Sep 09, 2022-Morgan Stanley$8.00$7.1611.81%57.17%
Jul 20, 2022-Deutsche Bank$10.00$7.4534.32%96.46%
Jul 19, 2022-Morgan Stanley$10.00$7.4334.50%96.46%
Jul 06, 2022-Mizuho Securities$9.00$7.3921.79%76.82%
Jul 01, 2022-Wells Fargo$6.00$7.28-17.58%17.88%
Mar 07, 2022Steve SakwaEvercore ISI$11.00$10.237.53%116.11%
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The latest Paramount Group stock forecast, released on Mar 28, 2024 by Ronald Kamdem from Morgan Stanley, set a price target of $4.50, which represents a -2.17% decrease from the stock price at the time of the forecast ($4.60), and a -11.59% decrease from PGRE last price ($5.09).

Paramount Group Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$4.75
Last Closing Price$5.09$5.09$5.09
Upside/Downside-100.00%-100.00%-6.68%

In the current month, the average price target of Paramount Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Paramount Group's last price of $5.09. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 11, 2024Wells FargoUnderweightUnderweightHold
Nov 13, 2023Wells FargoUnderweightUnderperformDowngrade
Nov 23, 2022Morgan StanleyOverweightEqual-WeightDowngrade
Sep 09, 2022Morgan StanleyOverweightOverweightHold
Jul 20, 2022Deutsche BankHoldHoldHold
Jul 19, 2022Morgan StanleyOverweightOverweightHold
Jul 01, 2022Wells FargoUnderweightUnderweightHold
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Paramount Group's last stock rating was published by Wells Fargo on Sep 11, 2024. The company gave PGRE a "Underweight" rating, the same as its previous rate.

Paramount Group Financial Forecast


Paramount Group Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Revenue--------$192.47M$189.18M$172.66M$188.47M$184.03M$187.15M-$183.69M$184.22M$179.13M$182.27M$181.17M$182.36M$176.78M$171.12M$183.99M$190.49M$198.32M$188.58M$191.79M$190.68M$192.60M
Avg Forecast$173.91M$172.85M$175.06M$180.04M$183.65M$182.99M$182.28M$182.41M$181.82M$181.50M$179.58M$182.40M$182.33M$181.31M$178.25M$180.59M$180.25M$179.09M$175.88M$171.31M$179.00M$171.94M$178.94M$189.71M$191.71M$186.48M$185.67M$187.26M$190.68M$256.79M
High Forecast$177.80M$176.72M$178.98M$184.07M$187.76M$187.09M$186.36M$186.49M$185.89M$184.02M$183.60M$186.48M$186.41M$185.37M$178.25M$184.87M$184.52M$183.34M$180.05M$175.38M$183.24M$176.02M$183.18M$194.21M$196.26M$190.90M$190.07M$191.70M$228.81M$308.15M
Low Forecast$167.55M$166.53M$168.66M$173.46M$176.94M$176.30M$175.61M$175.74M$175.18M$179.75M$173.02M$175.73M$175.67M$174.69M$178.25M$175.95M$175.61M$174.48M$171.36M$166.91M$174.40M$167.52M$174.34M$184.83M$186.78M$181.68M$180.90M$182.45M$152.54M$205.44M
# Analysts11111311131111--222778710961161416
Surprise %--------1.06%1.04%0.96%1.03%1.01%1.03%-1.02%1.02%1.00%1.04%1.06%1.02%1.03%0.96%0.97%0.99%1.06%1.02%1.02%1.00%0.75%

Paramount Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $182.41M, with a low forecast of $175.74M, and a high forecast of $186.49M. PGRE's average Quarter revenue forecast represents a -5.23% decrease compared to the company's last Quarter revenue of $192.47M (Dec 23).

Paramount Group EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311131111--222778710961161416
EBITDA--------$-177.54M$-3.64M$58.42M$98.99M$62.72M$95.78M-$95.13M$93.43M$89.94M$77.01M$88.29M$78.17M$85.80M$86.27M$95.86M$40.83M$101.51M$97.01M$98.78M$101.42M$134.42M
Avg Forecast$88.79M$88.25M$89.38M$91.92M$93.76M$93.43M$93.06M$122.80M$92.83M$92.67M$91.68M$111.64M$93.09M$179.19M$91.01M$101.49M$140.14M$141.66M$69.31M$127.13M$105.53M$85.80M$91.36M$129.41M$110.23M$55.83M$94.79M$98.78M$101.42M$168.03M
High Forecast$90.78M$90.22M$91.38M$93.98M$95.86M$95.52M$95.14M$147.36M$94.91M$93.95M$93.74M$133.96M$95.17M$215.03M$91.01M$121.78M$168.17M$169.99M$83.17M$152.56M$126.64M$102.96M$93.52M$155.30M$132.28M$66.99M$97.04M$118.54M$121.71M$201.63M
Low Forecast$85.54M$85.02M$86.11M$88.56M$90.33M$90.01M$89.66M$98.24M$89.44M$91.77M$88.33M$89.31M$89.69M$143.36M$91.01M$81.19M$112.11M$113.32M$55.45M$101.71M$84.42M$68.64M$89.01M$103.53M$88.19M$44.66M$92.36M$79.03M$81.14M$134.42M
Surprise %---------1.91%-0.04%0.64%0.89%0.67%0.53%-0.94%0.67%0.63%1.11%0.69%0.74%1.00%0.94%0.74%0.37%1.82%1.02%1.00%1.00%0.80%

3 analysts predict PGRE's average Quarter EBITDA for Sep 23 to be $92.67M, with a high of $93.95M and a low of $91.77M. This is 58.63% upper than Paramount Group's previous annual EBITDA (Jun 23) of $58.42M.

Paramount Group Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311131111--222778710961161416
Net Income--------$-205.55M$-24.54M$-47.54M$8.31M$-39.58M$1.22M-$6.12M$5.67M$-2.06M$-15.94M$-3.58M$-14.82M$-6.96M$-6.27M$3.35M$-50.15M$7.08M$2.46M$3.71M$5.32M$37.53M
Avg Forecast$-15.20M$-15.20M$-10.86M$-8.69M$-10.86M$-10.86M$-6.52M$4.49M$-8.69M$-8.69M$-15.20M$4.08M$-826.25K$-4.09M$-4.23M$3.71M$1.83M$-3.24M$-14.35M$-5.15M$-20.01M$-6.96M$-28.21M$4.52M$-135.39M$3.90M-$3.71M$5.32M$46.91M
High Forecast$-14.48M$-14.48M$-10.34M$-8.28M$-10.34M$-10.34M$-6.21M$5.38M$-8.28M$-8.28M$-14.48M$4.89M$-786.99K$-3.28M$-4.23M$4.45M$2.20M$-2.59M$-11.48M$-4.12M$-16.01M$-5.57M$-22.57M$5.42M$-108.31M$4.67M-$4.45M$6.38M$56.30M
Low Forecast$-15.65M$-15.65M$-11.18M$-8.94M$-11.18M$-11.18M$-6.71M$3.59M$-8.94M$-8.94M$-15.65M$3.26M$-850.29K$-4.91M$-4.23M$2.97M$1.47M$-3.88M$-17.22M$-6.18M$-24.01M$-8.35M$-33.86M$3.62M$-162.47M$3.12M-$2.97M$4.25M$37.53M
Surprise %--------23.66%2.82%3.13%2.04%47.90%-0.30%-1.65%3.09%0.63%1.11%0.69%0.74%1.00%0.22%0.74%0.37%1.82%-1.00%1.00%0.80%

Paramount Group's average Quarter net income forecast for Jun 23 is $-15.20M, with a range of $-15.65M to $-14.48M. PGRE's average Quarter net income forecast represents a -282.88% decrease compared to the company's last Quarter net income of $8.31M (Mar 23).

Paramount Group SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311131111--222778710961161416
SG&A--------$15.68M$15.46M$16.22M$14.62M$13.99M$13.15M-$15.64M$13.09M$13.26M$18.42M$14.36M$17.96M$16.80M$17.90M$70.68M$76.67M$79.38M$80.32M$80.53M$76.97M$79.06M
Avg Forecast$14.79M$14.70M$14.89M$15.31M$15.62M$15.56M$15.50M$20.82M$15.46M$15.43M$15.27M$18.93M$15.50M$26.41M$15.16M$17.21M$19.64M$20.88M$16.58M$20.68M$24.25M$16.80M$80.55M$95.41M$16.30M$43.66M$15.79M$80.53M$76.97M$98.83M
High Forecast$15.12M$15.03M$15.22M$15.65M$15.97M$15.91M$15.85M$24.99M$15.81M$15.65M$15.61M$22.72M$15.85M$31.70M$15.16M$20.65M$23.57M$25.06M$19.89M$24.82M$29.10M$20.17M$96.67M$114.50M$16.69M$52.39M$16.16M$96.64M$92.36M$118.59M
Low Forecast$14.25M$14.16M$14.34M$14.75M$15.05M$14.99M$14.93M$16.66M$14.90M$15.29M$14.71M$15.14M$14.94M$21.13M$15.16M$13.77M$15.71M$16.70M$13.26M$16.55M$19.40M$13.44M$64.44M$76.33M$15.88M$34.93M$15.38M$64.43M$61.58M$79.06M
Surprise %--------1.01%1.00%1.06%0.77%0.90%0.50%-0.91%0.67%0.63%1.11%0.69%0.74%1.00%0.22%0.74%4.70%1.82%5.09%1.00%1.00%0.80%

Paramount Group's average Quarter SG&A projection for Mar 24 is $20.82M, based on 1 Wall Street analysts, with a range of $16.66M to $24.99M. The forecast indicates a 32.81% rise compared to PGRE last annual SG&A of $15.68M (Dec 23).

Paramount Group EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311131111--222778710961161416
EPS--------$-0.95$-0.11$-0.22$0.04$-0.18$0.01-$0.03$0.03$-0.01$-0.07$-0.02$-0.07$-0.03$-0.03$0.01$-0.22$0.03$0.01$0.02$0.02$0.16
Avg Forecast$-0.07$-0.07$-0.05$-0.04$-0.05$-0.05$-0.03$-0.07$-0.04$-0.04$-0.07$-0.03$-0.00-$-0.02$-0.01$0.01$-0.05$-0.03$-0.05$-0.02$-0.03$-0.01$0.03$0.01$0.01--$0.02$0.05
High Forecast$-0.07$-0.07$-0.05$-0.04$-0.05$-0.05$-0.03$-0.07$-0.04$-0.04$-0.07$-0.03$-0.00-$-0.02$-0.01$0.01$-0.05$-0.03$-0.05$-0.02$-0.02$-0.01$0.03$0.01$0.01--$0.02$0.06
Low Forecast$-0.07$-0.07$-0.05$-0.04$-0.05$-0.05$-0.03$-0.07$-0.04$-0.04$-0.07$-0.03$-0.00-$-0.02$-0.01$0.01$-0.05$-0.04$-0.05$-0.02$-0.03$-0.01$0.03$0.01$0.01--$0.02$0.04
Surprise %--------23.75%2.75%3.14%-1.34%47.32%3.27%--2.68%2.36%0.21%2.05%0.41%3.28%1.17%4.74%0.33%-17.27%2.48%-6.09%1.00%3.20%

According to 1 Wall Street analysts, Paramount Group's projected average Quarter EPS for Jun 23 is $-0.07, with a low estimate of $-0.07 and a high estimate of $-0.07. This represents a -282.29% decrease compared to PGRE previous annual EPS of $0.04 (Mar 23).

Paramount Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HPPHudson Pacific Properties$5.07$13.76171.40%Hold
CIOCity Office REIT$6.25$15.00140.00%Hold
PDMPiedmont Office Realty Trust$9.90$15.5056.57%-
KRCKilroy Realty$38.46$58.9053.15%Buy
BDNBrandywine Realty Trust$5.38$7.8846.47%Hold
PGREParamount Group$5.08$6.9035.83%Hold
DEIDouglas Emmett$16.80$22.6734.94%Hold
CUZCousins Properties$28.97$31.298.01%Buy
HIWHighwoods Properties$32.71$33.251.65%Hold

PGRE Forecast FAQ


No, according to 3 Wall Street analysts, Paramount Group (PGRE) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of PGRE's total ratings.

Paramount Group (PGRE) average price target is $6.9 with a range of $4.5 to $10, implying a 35.56% from its last price of $5.09. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PGRE stock, the company can go up by 35.56% (from the last price of $5.09 to the average price target of $6.9), up by 96.46% based on the highest stock price target, and down by -11.59% based on the lowest stock price target.

PGRE's highest twelve months analyst stock price target of $10 supports the claim that Paramount Group can reach $8 in the near future.

Paramount Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $731.32M (high $747.7M, low $704.6M), average EBITDA is $403.05M (high $433.88M, low $368.25M), average net income is $-23.75M (high $-21.511M, low $-25.469M), average SG&A $67.5M (high $72.71M, low $61.63M), and average EPS is $-0.2 (high $-0.19, low $-0.206). PGRE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $701.87M (high $717.58M, low $676.22M), average EBITDA is $358.34M (high $366.36M, low $345.24M), average net income is $-49.957M (high $-47.584M, low $-51.411M), average SG&A $59.68M (high $61.02M, low $57.5M), and average EPS is $-0.23 (high $-0.219, low $-0.237).

Based on Paramount Group's last annual report (Dec 2023), the company's revenue was $742.79M, beating the average analysts forecast of $725.31M by 2.41%. Apple's EBITDA was $-164M, missing the average prediction of $388.82M by -142.05%. The company's net income was $-260M, beating the average estimation of $-28.502M by 811.32%. Apple's SG&A was $61.99M, missing the average forecast of $65.1M by -4.78%. Lastly, the company's EPS was $-1.2, beating the average prediction of $-0.179 by 571.56%. In terms of the last quarterly report (Dec 2023), Paramount Group's revenue was $192.47M, beating the average analysts' forecast of $181.82M by 5.86%. The company's EBITDA was $-178M, missing the average prediction of $92.83M by -291.25%. Paramount Group's net income was $-206M, beating the average estimation of $-8.688M by 2265.85%. The company's SG&A was $15.68M, beating the average forecast of $15.46M by 1.41%. Lastly, the company's EPS was $-0.95, beating the average prediction of $-0.04 by 2275.00%