How to Buy Paramount Group Stock
Paramount Group Inc
Paramount Group is a office REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker PGRE on the NYSE exchange.
Paramount Group stock last closed at $4.71, up 2.17% from the previous day, and has increased 10.05% in one year. It has underperformed other stocks in the REIT - Office industry by 0.01 percentage points. Paramount Group stock is currently +16.01% from its 52-week low of $4.06, and -20.44% from its 52-week high of $5.92.
There are currently 217.37M shares of PGRE outstanding. The market capitalization of PGRE is $1.02B. In the past 24 hours, 502,679 PGRE shares were traded.
How to Buy Paramount Group Stock
Not sure how to invest in Paramount Group stock? Here's how.
- Choose where to buy Paramount Group stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Paramount Group stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Research Paramount Group stock: The Paramount Group ticker symbol is PGRE. Is Paramount Group stock a good investment? Should you buy shares of PGRE? How do PGRE's underlying business fundamentals look? Do top analysts think Paramount Group is a good buy? Why has PGRE's stock price moved recently? (Hint: Our stock market analysis website can help you decide if PGRE is a good stock to buy).
- Make your PGRE purchase: Decide if you will purchase PGRE shares at the current market price or use a limit order to buy PGRE shares at a particular price.
- Get updates on your PGRE position: Create a watchlist to track your new investment in Paramount Group shares.
Step 1: Choose where to buy Paramount Group stock
You will need an online brokerage account in order to access the NYSE market and buy PGRE stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can buy PGRE today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on the best stock investing app, you need to deposit funds:
Watch the tutorial below for more details depositing funds into your investment account.
Step 4: Research Paramount Group stock
Once you have chosen the best place to buy Paramount Group stock, it's critical to research their stock before you buy, so you can understand the risk and upside.
Paramount Group stock data
Paramount Group Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on PGRE's stock page.
What is the fair value of PGRE stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PGRE's fair value.
Using relative valuations measures:
- PGRE may be undervalued based on its P/B ratio of 0.32x, relative to REIT - Office industry P/B ratio of 0.9x
You can do more valuation analysis on PGRE's stock here.
PGRE Financial Health
Failed Financial Due Diligence Checks:
- PGRE earnings of -$105.33M is not sufficient to cover its interest payments.
- PGRE has a relatively high debt to equity ratio of 1.25.
- PGRE's operating cash flow of $277.86M allows it to safely service it's debt of $3.80B.
- Total PGRE debt is higher than 5 years ago, relative to shareholder equity.
- PGRE profit margin has gone down from -4.9% to -35% in the past year.
Is it a good time to buy PGRE stock, according to analysts?
Out of 3 Wall Street analysts who give ratings on PGRE, the consensus analyst rating on Paramount Group is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Paramount Group stock forecast page.
PGRE Technicals
PGRE Performance Metrics
Last year, PGRE revenue was $742.79M. In the past five year, PGRE's revenue has increased by 0.97% per year. This was slower than the REIT - Office industry average of 6.87%.
Find out more about PGRE's earnings and revenue performance here.
Are PGRE insiders buying or selling the stock?
Over the past year, executives and large shareholders at PGRE have bought more shares than they have sold.
Albert P. Behler, Chairman CEO and President of PGRE, was the latest PGRE insider to buy. They bought $94,540.00 worth of PGRE shares on Aug 17, 2023.
Research more about who owns PGRE shares here.
Can I rely on PGRE as an income stream?
Paramount Group pays a dividend of 2.97%, compared to the REIT - Office industry's average dividend yield of 6.64%. If you owned $1,000 worth of PGRE stock, you would have received $29.72 in the past 12 months.
Paramount Group dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Paramount Group dividend yield and history here.
What do other investors have to say about PGRE?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PGRE purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your PGRE position
Now that you own some PGRE shares, you'll want to keep up with your investment.
Add PGRE to a watchlist to get alerted to the latest events about your PGRE stock.
PGRE Feed
How to Buy Stock in Paramount Group
To reiterate, here are the 6 steps to buy Paramount Group stock:
- Choose where to buy Paramount Group stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Paramount Group stock
- Make your PGRE purchase
- Get updates on your PGRE position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your investment in Paramount Group, click below.
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