Paramount Group, Inc. (PGRE)
| Market Cap | 993.19M |
| Revenue (ttm) | 742.79M |
| Net Income (ttm) | -259.74M |
| Shares Out | 217.33M |
| EPS (ttm) | -1.20 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.14 (3.06%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 830,621 |
| Open | 4.430 |
| Previous Close | 4.450 |
| Day's Range | 4.430 - 4.575 |
| 52-Week Range | 4.060 - 5.920 |
| Beta | 1.24 |
| Analysts | Hold |
| Price Target | 4.60 (+0.66%) |
| Earnings Date | May 1, 2024 |
About PGRE
Paramount Group, Inc. (Paramount or the Company) 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 and San Francisco. Paramount is focused 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. [Read more]
Financial Performance
In 2023, PGRE's revenue was $742.79 million, an increase of 0.33% compared to the previous year's $740.38 million. Losses were -$259.74 million, 613.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for PGRE stock is "Hold." The 12-month stock price forecast is $4.6, which is an increase of 0.66% from the latest price.
News
Paramount Announces Release Date for First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2024 wi...
Paramount Earns 2024 ENERGY STAR® Partner of the Year Award
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) is proud to announce that it has achieved the 2024 ENERGY STAR Partner of the Year Award from the U.S. Envi...
Paramount Signs 74,000 Square Foot Lease at 1301 Avenue of the Americas
NEW YORK--(BUSINESS WIRE)--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,...
Paramount Declares Regular Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common sto...
Paramount Announces Fourth Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2023 today and reported results for th...
Paramount Modifies and Extends Loan at One Market Plaza
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that, together with its joint venture partner, it has modified and extended the existing mo...
Paramount Announces Release Date for Fourth Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2023 with ...
Paramount Announces Tax Treatment of 2023 Common Stock Dividends
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2023 tax treatment of its common stock dividends as described below. Shareholders are e...
Paramount Achieves GRESB 5 Star Rating for Fifth Consecutive Year
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it achieved a 5 Star rating in the 2023 GRESB Real Estate Assessment. Maintaining the ...
Paramount Announces Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 today and reported results...
Paramount Announces Release Date for Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 202...
Paramount Announces Second Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 today and reported results for ...
Paramount Reschedules Second Quarter 2023 Earnings Call to Tuesday August 1, 2023 at 9:00 AM
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has rescheduled its second quarter 2023 conference call and audio webcast from Tues...
Paramount Announces Release Date for Second Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2023 wit...
Paramount Group REIT to take an earnings hit as JPMorgan surrenders some lease space acquired through First Republic, SVB lease agreement terminated
Paramount Group Inc. PGRE, +6.58% disclosed Friday that it will take an earnings hit as JPMorgan Chase & Co. gave up about one-fourth of the leased office space acquired through First Republic Bank an...
Paramount Declares Quarterly Cash Dividend
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a reduced quarterly cash dividend of $0.035 per share of common sto...
Paramount Announces First Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 today and reported results for...
Paramount Announces Release Date for First Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2023 wi...
Paramount Signs 119,000 Square Foot Lease at 31 West 52nd Street in New York
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it signed a 16.5-year, 119,000 square foot lease with Wilson Sonsini Goodrich & Rosati...
Paramount Earns 2023 ENERGY STAR® Partner of the Year Award
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) is proud to announce that it has achieved the 2023 ENERGY STAR Partner of the Year Award from the U.S. Envi...
Paramount Announces Fourth Quarter 2022 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2022 today and reported results for th...
Paramount Announces Release Date for Fourth Quarter 2022 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2022 wit...
Paramount Announces Tax Treatment of 2022 Common Stock Dividends
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2022 tax treatment of its common stock dividends as described below. Shareholders are...
Paramount Achieves GRESB 5 Star Rating for Fourth Consecutive Year
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it achieved a 5 Star rating in the 2022 GRESB Real Estate Assessment.
Paramount Announces Third Quarter 2022 Results
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 today and reported results...