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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 46.19% upside from PGRE’s last price of $4.72) 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 46.19% upside from PGRE's last price of $4.72.

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---2.17%-4.66%
Mar 18, 2024Steve SakwaEvercore ISI--7.53%5.93%
Nov 23, 2022Morgan Stanley--2.04%37.71%
Sep 27, 2022Evercore ISI--32.23%69.49%
Sep 09, 2022Morgan Stanley--11.81%69.49%
Jul 20, 2022Deutsche Bank--34.32%111.86%
Jul 19, 2022Morgan Stanley--34.50%111.86%
Jul 06, 2022Mizuho Securities--21.79%90.68%
Jul 01, 2022Wells Fargo---17.58%27.12%
Mar 07, 2022Steve SakwaEvercore ISI--7.53%133.05%
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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 -4.66% decrease from PGRE last price ($4.72).

Paramount Group Price Target by Period

1M3M12M
# Anlaysts--2
Avg Price Target--$4.75
Last Closing Price$4.72$4.72$4.72
Upside/Downside-100.00%-100.00%0.64%

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 $4.72. 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
Nov 01, 2024Evercore ISICautiousCautiousHold
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 Evercore ISI on Nov 01, 2024. The company gave PGRE a "Cautious" 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Jun 18Sep 17
Revenue--------$192.47M$189.18M$172.66M$188.47M$184.03M$187.15M$185.52M$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$191.42M$179.77M
Avg Forecast$167.65M$168.50M$167.51M$173.25M$180.42M$175.70M$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$76.56M$134.85M
High Forecast$170.38M$171.24M$170.24M$176.08M$186.28M$179.34M$182.28M$185.38M$184.78M$184.02M$182.50M$185.37M$185.30M$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$91.87M$161.82M
Low Forecast$165.47M$166.31M$165.33M$171.00M$175.75M$172.05M$182.28M$180.04M$179.46M$179.75M$177.25M$180.03M$179.96M$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$61.25M$107.88M
# Analysts111131111311111111111388912778168
Surprise %--------1.06%1.04%0.96%1.03%1.01%1.03%1.04%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%2.50%1.33%

Paramount Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $182.41M, with a low forecast of $180.04M, and a high forecast of $185.38M. 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Jun 18Sep 17
# Analysts111131111311111111111388912778168
EBITDA--------$-177.54M$-3.64M$58.42M$98.99M$62.72M$95.78M$95.99M$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$59.59M$85.03M
Avg Forecast$69.37M$69.72M$69.32M$71.69M$74.66M$72.70M$75.43M$122.80M$75.24M$75.11M$74.31M$111.64M$154.15M$92.57M$91.01M$101.49M$92.03M$91.43M$89.79M$127.13M$91.39M$87.78M$91.36M$129.41M$97.88M$95.21M$94.79M$98.78M$32.77M$56.69M
High Forecast$70.50M$70.86M$70.44M$72.86M$77.08M$74.21M$75.43M$147.36M$76.46M$76.15M$75.52M$133.96M$184.98M$92.57M$91.01M$121.78M$92.03M$91.43M$89.79M$152.56M$91.39M$87.78M$91.36M$155.30M$97.88M$95.21M$94.79M$118.54M$39.33M$68.02M
Low Forecast$68.47M$68.82M$68.42M$70.76M$72.73M$71.20M$75.43M$98.24M$74.26M$74.38M$73.35M$89.31M$123.32M$92.57M$91.01M$81.19M$92.03M$91.43M$89.79M$101.71M$91.39M$87.78M$91.36M$103.53M$97.88M$95.21M$94.79M$79.03M$26.22M$45.35M
Surprise %---------2.36%-0.05%0.79%0.89%0.41%1.03%1.05%0.94%1.02%0.98%0.86%0.69%0.86%0.98%0.94%0.74%0.42%1.07%1.02%1.00%1.82%1.50%

3 analysts predict PGRE's average Quarter EBITDA for Sep 23 to be $75.11M, with a high of $76.15M and a low of $74.38M. This is 28.57% 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Jun 18Sep 17
# Analysts111131111311111111111388912778168
Net Income--------$-205.55M$-24.54M$-47.54M$8.31M$-39.58M$1.22M$4.04M$6.12M$5.67M$-2.06M$-15.94M$-3.58M$-14.82M$-6.96M$-6.27M$3.35M$-50.15M$7.08M$2.46M$3.71M$-34.82M$-10.21M
Avg Forecast$-17.39M$-17.39M$-10.87M$-10.87M$-10.87M$-10.87M$-6.52M$4.49M$-8.69M$-8.69M$-15.21M$4.08M$2.02M$358.17K$-4.23M$3.71M$2.39M$-10.18M$-7.42M$-5.15M$-4.43M$-5.58M$-1.38M$4.52M$2.77M$2.62M-$3.71M$-19.15M$-6.81M
High Forecast$-17.09M$-17.09M$-10.68M$-10.68M$-10.68M$-10.68M$-6.41M$5.38M$-8.55M$-8.55M$-14.96M$4.89M$2.42M$358.17K$-4.23M$4.45M$2.39M$-10.18M$-7.42M$-4.12M$-4.43M$-5.58M$-1.38M$5.42M$2.77M$2.62M-$4.45M$-15.32M$-5.45M
Low Forecast$-17.75M$-17.75M$-11.10M$-11.10M$-11.10M$-11.10M$-6.66M$3.59M$-8.88M$-8.88M$-15.53M$3.26M$1.61M$358.17K$-4.23M$2.97M$2.39M$-10.18M$-7.42M$-6.18M$-4.43M$-5.58M$-1.38M$3.62M$2.77M$2.62M-$2.97M$-22.98M$-8.17M
Surprise %--------23.65%2.82%3.13%2.04%-19.63%3.42%-0.95%1.65%2.38%0.20%2.15%0.69%3.35%1.25%4.56%0.74%-18.13%2.70%-1.00%1.82%1.50%

Paramount Group's average Quarter net income forecast for Jun 23 is $-15.21M, with a range of $-15.53M to $-14.96M. PGRE's average Quarter net income forecast represents a -282.97% 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Jun 18Sep 17
# Analysts111131111311111111111388912778168
SG&A--------$15.68M$15.46M$16.22M$14.62M$13.99M$13.15M$16.71M$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$81.97M$80.98M
Avg Forecast$14.26M$14.33M$14.24M$14.73M$15.34M$14.94M$15.50M$20.82M$15.46M$15.43M$15.27M$18.93M$21.60M$15.42M$15.16M$17.21M$15.33M$15.23M$14.96M$20.68M$15.22M$14.62M$15.22M$95.41M$16.30M$15.86M$15.79M$80.53M$45.08M$53.99M
High Forecast$14.49M$14.56M$14.48M$14.97M$15.84M$15.25M$15.50M$24.99M$15.71M$15.65M$15.52M$22.72M$25.92M$15.42M$15.16M$20.65M$15.33M$15.23M$14.96M$24.82M$15.22M$14.62M$15.22M$114.50M$16.30M$15.86M$15.79M$96.64M$54.10M$64.79M
Low Forecast$14.07M$14.14M$14.06M$14.54M$14.95M$14.63M$15.50M$16.66M$15.26M$15.29M$15.07M$15.14M$17.28M$15.42M$15.16M$13.77M$15.33M$15.23M$14.96M$16.55M$15.22M$14.62M$15.22M$76.33M$16.30M$15.86M$15.79M$64.43M$36.07M$43.19M
Surprise %--------1.01%1.00%1.06%0.77%0.65%0.85%1.10%0.91%0.85%0.87%1.23%0.69%1.18%1.15%1.18%0.74%4.70%5.01%5.09%1.00%1.82%1.50%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Jun 18Sep 17
# Analysts111131111311111111111388912778168
EPS--------$-0.95$-0.11$-0.22$0.04$-0.18$0.01$0.02$0.03$0.03$-0.01$-0.07$-0.02$-0.07$-0.03$-0.03$0.01$-0.22$0.03$0.01$0.02$-0.14$-0.04
Avg Forecast$-0.08$-0.08$-0.05$-0.05$-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--$0.01$-0.02
High Forecast$-0.08$-0.08$-0.05$-0.05$-0.05$-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--$0.01$-0.02
Low Forecast$-0.08$-0.08$-0.05$-0.05$-0.05$-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--$0.01$-0.02
Surprise %--------23.75%2.75%3.14%-1.34%47.32%3.27%-0.93%-2.68%2.36%0.21%2.05%0.41%3.28%1.17%4.74%0.33%-17.27%2.48%-6.09%-14.00%2.00%

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--343.61%Hold
CIOCity Office REIT--195.28%Hold
KRCKilroy Realty--48.47%Buy
PGREParamount Group--46.19%Hold
BDNBrandywine Realty Trust--42.24%Hold
PDMPiedmont Office Realty Trust--36.70%
DEIDouglas Emmett--23.49%Hold
HIWHighwoods Properties--4.26%Hold
CUZCousins Properties---0.73%Buy

PGRE Forecast FAQ

Is Paramount Group a good buy?

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.

What is PGRE's price target?

Paramount Group (PGRE) average price target is $6.9 with a range of $4.5 to $10, implying a 46.19% from its last price of $4.72. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Paramount Group stock go up soon?

According to Wall Street analysts' prediction for PGRE stock, the company can go up by 46.19% (from the last price of $4.72 to the average price target of $6.9), up by 111.86% based on the highest stock price target, and down by -4.66% based on the lowest stock price target.

Can Paramount Group stock reach $7?

PGRE's highest twelve months analyst stock price target of $10 supports the claim that Paramount Group can reach $7 in the near future.

What are Paramount Group's analysts' financial forecasts?

Paramount Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $720.81M (high $733.28M, low $710.12M), average EBITDA is $345.59M (high $374.08M, low $317.59M), average net income is $-23.764M (high $-22.39M, low $-25.259M), average SG&A $66.61M (high $71.58M, low $61.73M), and average EPS is $-0.2 (high $-0.197, low $-0.204). PGRE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $676.91M (high $687.93M, low $668.12M), average EBITDA is $280.11M (high $284.67M, low $276.47M), average net income is $-56.502M (high $-55.548M, low $-57.698M), average SG&A $57.56M (high $58.5M, low $56.81M), and average EPS is $-0.26 (high $-0.256, low $-0.266).

Did the PGRE's actual financial results beat the analysts' financial forecasts?

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 $336.29M by -148.62%. The company's net income was $-260M, beating the average estimation of $-28.518M by 810.80%. 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 $75.24M by -335.96%. Paramount Group's net income was $-206M, beating the average estimation of $-8.693M by 2264.66%. 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%