Paramount Group, Inc. (PGRE)
| Market Cap | 2.32B |
| Revenue (ttm) | 711.42M |
| Net Income (ttm) | -31.63M |
| Shares Out | 218.67M |
| EPS (ttm) | -0.15 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.34 |
| Dividend Yield | 3.21% |
| Trading Day | May 10 |
| Last Price | $10.60 |
| Previous Close | $10.61 |
| Change ($) | -0.01 |
| Change (%) | -0.09% |
| Day's Open | 10.69 |
| Day's Range | 10.58 - 10.87 |
| Day's Volume | 771,466 |
| 52-Week Range | 5.46 - 10.87 |
Paramount Group (PGRE) delivered FFO and revenue surprises of 9.52% and 0.26%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that subsequent to the end of the first quarter, it signed a 54,095 square foot lease with Br...
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, 2021 today and reported results for t...
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, 2021 with...
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 $0.07 per share of common stock ...
Paramount Plus launched Thursday, replacing CBS All Access with a new name and wider catalog. Here's everything to know.
Paramount Group (PGRE) delivered FFO and revenue surprises of 4.35% and 4.08%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
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, 2020 today and reported results for the ...
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today the promotion of two executives within the Company's senior management team. Wilbur Paes has ...
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, 2020 with th...
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2020 tax treatment of its common stock dividends as described below. Shareholders are enc...
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has completed the previously announced sale of 1899 Pennsylvania Avenue, a 190,955 sq...
PGRE is a Class A office property REIT that is down ~40% since March 2020. It is currently trading at a ~50% discount to NAV; in other words, it's a dollar bill selling for $0.50-$0.60, backed by cash-g...
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a decreased quarterly cash dividend of $0.07 per share of common stoc...
COVID has decimated New York City's economy. High COVID infection rates and low office utilization rates fuel concerns about the impact of work from home on the NYC office market. NYC REIT has very low ...
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced that it has achieved a 5-Star Rating for the second consecutive year under the 2020 Global Re...
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced that its Board of Directors has unanimously rejected an unsolicited proposal received from Bo...
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q3 2020 Results - Earnings Call Transcript
Paramount Group (PGRE) delivered FFO and revenue surprises of -4.35% and 1.06%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
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, 2020 today and reported results f...
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, 2020 ...
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 $0.10 per share of common stock ...
Let's see if Paramount Group, Inc. (PGRE) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
SAN FRANCISCO, Aug. 13, 2020 /PRNewswire/ -- Paramount Group, Inc.
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q2 2020 Results - Earnings Call Transcript
Paramount Group (PGRE) delivered FFO and revenue surprises of 0.00% and -4.69%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
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, 2020 today and reported results for th...
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, 2020 with ...
PGRE vs. CUBE: Which Stock Is the Better Value Option?
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q1 2020 Results - Earnings Call Transcript
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q4 2019 Results - Earnings Call Transcript
Paramount Group's (PGRE) CEO Albert Behler on Q3 2019 Results - Earnings Call Transcript
Paramount Group (PGRE) delivered FFO and revenue surprises of 4.17% and 1.27%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Paramount Group has been struggling lately, but the selling pressure may be coming to an end soon.
Paramount Group, Inc. (PGRE) CEO James Brannen on Q1 2019 Results - Earnings Call Transcript
About PGRE
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 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.
| Industry REIT-Office | IPO Date Nov 19, 2014 |
| CEO Albert Behler | Employees 323 |
| Stock Exchange NYSE | Ticker Symbol PGRE |
Financial Performance
In 2020, PGRE's revenue was $714.24 million, a decrease of -3.97% compared to the previous year's $743.75 million. Losses were -$24.70 million, -33.05% less than in 2019.
Analyst Forecasts
According to 7 analysts, the average rating for PGRE stock is "Hold." The 12-month stock price forecast is 11.31, which is an increase of 6.70% from the latest price.