Paramount Group Announces Strategic Review and Leadership Changes

An update from Paramount Group ( (PGRE) ) is now available.

On May 15, 2025, Paramount Group held its annual meeting of stockholders, where key decisions were made, including the election of board members and approval of executive compensation. The company also announced a strategic review to maximize shareholder value, engaging BofA Securities and Latham & Watkins LLP as advisors. Additionally, Paramount appointed Ermelinda Berberi as Executive Vice President, Chief Financial Officer, and Treasurer, and Timothy Dembo as Senior Vice President, General Counsel, and Secretary, marking a significant management transition.

The most recent analyst rating on (PGRE) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on Paramount Group stock, see the PGRE Stock Forecast page.

Spark’s Take on PGRE Stock

According to Spark, TipRanks’ AI Analyst, PGRE is a Neutral.

Paramount Group’s stock receives a score of 68, reflecting a blend of strengths and challenges. Strong financial performance and positive technical indicators are counterbalanced by valuation concerns due to negative earnings. The recent earnings call indicates robust leasing activity, especially in New York, but challenges persist in San Francisco. The strategic sale of a property stake supports liquidity and strategic goals.

To see Spark’s full report on PGRE stock, click here.

More about Paramount Group

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires, and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount focuses on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

Average Trading Volume: 2,038,767

Technical Sentiment Signal: Hold

Current Market Cap: $2.31B

See more insights into PGRE stock on TipRanks’ Stock Analysis page.