After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Paramount Group Inc. (PGRE) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 0.95%, to $5.30. The Paramount Group Inc. has recorded 20,481 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Paramount Announces Fourth Quarter 2022 Results.
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PGRE belongs to the Real Estate sector of the NYSE while operating in the REIT – Office industry. At the end of the last regular session, the stock closed at $5.25 and fluctuated between $5.35 as its day high and $5.23 as its day low. The current market capitalization of Paramount Group Inc. is $1.13B. A total of 0.91 million shares were traded on the day, compared to an average of 1.40M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PGRE has seen 7 BUY and 1 SELL insider trades, representing the acquisition of 107,000 and the disposition of 17,000 shares. Over the last 12 months, there were 9 BUYs and 1 SELLs from insiders. Insiders purchased 134,714 shares during that period but sold 17,000.
In the most recent transaction, Behler Albert P. bought 10,000 shares of PGRE for 5.28 per share on Mar 03. After the transaction, the Chairman, CEO and President now owns 321,812 company shares. In a previous transaction on Mar 02, Behler Albert P. bought 20,000 shares at 5.19 per share. PGRE shares that Chairman, CEO and President owns now total 311,812.
Among the insiders who bought shares, Behler Albert P. acquired of 20,000 shares on Mar 01 at a per-share price of $5.20. This resulted in the Chairman, CEO and President holding 291,812 shares of PGRE after the transaction. In another insider transaction, Behler Albert P. bought 30,000 shares at $5.35 per share on Feb 28. Company shares held by the Chairman, CEO and President now total 271,812.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. PGRE’s most recent ex-dividend date was 12/29/2022 when it declared a $0.0780 quarterly dividend that was paid in cash on 1/13/2023. Previously, the company paid the dividend on 10/14/2022 with an ex-dividend date of 9/29/2022. The PGRE stock dividend was $0.0780 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PGRE in the last 3 months, the mean price target is $5.88 with high estimates of $7.00 and low estimates of $5.00. In terms of 52-week highs and lows, PGRE has a high of $11.16 and a low of $5.11.
As of this writing, PGRE has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.01. The company reported an EPS of -$0.01 in the last quarter, which was -200.00% lower than expectations of $0.01.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PGRE is Overweight with a score of 2.71. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.