Paramount Group (PGRE) Stock Forecast, Price Target & Predictions
PGRE Stock Forecast
Paramount Group stock forecast is as follows: an average price target of $6.90 (represents a 43.45% upside from PGRE’s last price of $4.81) 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 43.45% upside from PGRE's last price of $4.81.
PGRE Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 28, 2024 | Ronald Kamdem | Morgan Stanley | $4.50 | $4.60 | -2.17% | -6.44% |
| Mar 18, 2024 | Steve Sakwa | Evercore ISI | $5.00 | $4.65 | 7.53% | 3.95% |
| Nov 23, 2022 | Morgan Stanley | $6.50 | $6.37 | 2.04% | 35.14% | |
| Sep 27, 2022 | Evercore ISI | $8.00 | $6.05 | 32.23% | 66.32% | |
| Sep 09, 2022 | Morgan Stanley | $8.00 | $7.16 | 11.81% | 66.32% | |
| Jul 20, 2022 | Deutsche Bank | $10.00 | $7.45 | 34.32% | 107.90% | |
| Jul 19, 2022 | Morgan Stanley | $10.00 | $7.43 | 34.50% | 107.90% | |
| Jul 06, 2022 | Mizuho Securities | $9.00 | $7.39 | 21.79% | 87.11% | |
| Jul 01, 2022 | Wells Fargo | $6.00 | $7.28 | -17.58% | 24.74% | |
| Mar 07, 2022 | Steve Sakwa | Evercore ISI | $11.00 | $10.23 | 7.53% | 128.69% |
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 -6.44% decrease from PGRE last price ($4.81).
Paramount Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $4.75 |
| Last Closing Price | $4.81 | $4.81 | $4.81 |
| Upside/Downside | -100.00% | -100.00% | -1.25% |
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 $4.81. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 01, 2024 | Evercore ISI | Cautious | Cautious | Hold |
| Sep 11, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Nov 13, 2023 | Wells Fargo | Underweight | Underperform | Downgrade |
| Nov 23, 2022 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Sep 09, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 20, 2022 | Deutsche Bank | Hold | Hold | Hold |
| Jul 19, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 01, 2022 | Wells Fargo | Underweight | Underweight | Hold |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Sep 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 |
| # Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 8 |
| 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 8 |
| 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 8 |
| 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 8 |
| 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 8 |
| 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CIO | City Office REIT | $5.65 | $15.00 | 165.49% | Hold |
| HPP | Hudson Pacific Properties | $3.13 | $6.75 | 115.65% | Hold |
| PGRE | Paramount Group | $4.95 | $6.90 | 39.39% | Hold |
| PDM | Piedmont Office Realty Trust | $9.43 | $12.00 | 27.25% | |
| HIW | Highwoods Properties | $31.25 | $32.50 | 4.00% | Hold |
| CUZ | Cousins Properties | $31.28 | $29.80 | -4.73% | Buy |
| BDN | Brandywine Realty Trust | $5.84 | $5.50 | -5.82% | Hold |
| KRC | Kilroy Realty | $42.03 | $39.50 | -6.02% | Buy |
| DEI | Douglas Emmett | $20.32 | $18.00 | -11.42% | Hold |