Previous Close | 4.6000 |
Open | 4.5900 |
Bid | 4.4600 x 2900 |
Ask | 4.8100 x 3000 |
Day's Range | 4.6250 - 4.7550 |
52 Week Range | 4.0600 - 5.9200 |
Volume | |
Avg. Volume | 1,407,526 |
Market Cap | 1.11B |
Beta (5Y Monthly) | 1.23 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.2000 |
Earnings Date | May 01, 2024 - May 06, 2024 |
Forward Dividend & Yield | 0.14 (3.04%) |
Ex-Dividend Date | Mar 27, 2024 |
1y Target Est | 4.60 |
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PGRE vs. OHI: Which Stock Is the Better Value Option?
NEW YORK, March 18, 2024--Paramount Group, Inc. (NYSE: PGRE) ("Paramount" or the "Company") announced today that it has signed a 74,000 square foot lease with Citizens at 1301 Avenue of the Americas, a 1.7 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan.
Shares in real estate investment trusts have bounced back in recent months, but as the commercial real estate space remains in a tough spot, there are still plenty of stocks in this category best described as REITs to sell. The main reason for this all has to do with the macro environment. Interest rates remain high. The other factors driving the commercial real estate crisis, like falling demand for office space due to remote working, persist. On top of these macro factors, many REITs are even