Paramount Group, Inc. (PGRE)

NYSE: PGRE · IEX Real-Time Price · USD
9.20 -0.27 (-2.85%)
Jan 18, 2022 3:27 PM EST - Market open
Market Cap2.01B
Revenue (ttm)724.92M
Net Income (ttm)-36.40M
Shares Out218.96M
EPS (ttm)-0.17
PE Ration/a
Forward PEn/a
Dividend$0.28 (3.04%)
Ex-Dividend DateDec 30, 2021
Volume1,032,397
Open9.43
Previous Close9.47
Day's Range9.20 - 9.52
52-Week Range7.79 - 11.65
Beta1.34
AnalystsHold
Price Target9.93 (+7.9%)
Earnings DateOct 27, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateNov 19, 2014
CEOAlbert Behler
Employees323
Stock ExchangeNYSE
Ticker SymbolPGRE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PGRE stock is "Hold." The 12-month stock price forecast is 9.93, which is an increase of 7.93% from the latest price.

Price Target
$9.93
(7.93% upside)
Analyst Consensus: Hold

News

PGRE vs. LXP: Which Stock Is the Better Value Option?

PGRE vs. LXP: Which Stock Is the Better Value Option?

Other symbols:LXP
2 weeks ago - Zacks Investment Research

Paramount Refinances Revolving Credit Facility

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has refinanced its existing senior unsecured revolving credit facility with a new $75...

4 weeks ago - Business Wire

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 $0.07 per share of common stock ...

1 month ago - Business Wire

PGRE or LXP: Which Is the Better Value Stock Right Now?

PGRE vs. LXP: Which Stock Is the Better Value Option?

Other symbols:LXP
1 month ago - Zacks Investment Research

Paramount Group (PGRE) Q3 FFO Beat Estimates

Paramount Group (PGRE) delivered FFO and revenue surprises of 9.52% and -2.79%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Paramount Announces Third Quarter 2021 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, 2021 today and reported results fo...

2 months ago - Business Wire

Paramount Achieves GRESB 5 Star Rating for Third 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 2021 GRESB Real Estate Assessment. This is the highes...

2 months ago - Business Wire

Paramount Announces Release Date for Third Quarter 2021 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, 2021 ...

3 months ago - Business Wire

Mike Ireland & Daria Cercek Named Co-Heads Of Paramount Motion Picture Group

Following Emma Watts' departure as President of the Motion Picture Film Group, her Co-Presidents of Production Mike Ireland and Daria Cercek are being elevated to run the film group now as co-heads. Jer...

3 months ago - Deadline

Paramount Pictures Revamp Made Official By ViacomCBS: Jim Gianopulos Exits, Brian Robbins Takes Over; David Nevins Ta...

The transition plan for Paramount Pictures is officially set, with ViacomCBS confirming Jim Gianopulos will exit and Brian Robbins will add leadership of the studio to his growing portfolio. The changin...

Other symbols:VIAC
4 months ago - Deadline

Paramount Group (PGRE) Secures Leases at Midtown Manhattan

Paramount Group's (PGRE) recent leasing at the 1301 Avenue of the Americas will help in the backfilling of roughly 190,000 square feet of the existing vacancy.

4 months ago - Zacks Investment Research

Paramount Signs Leases Aggregating 279,000 Square Feet at 1301 Avenue of the Americas

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it signed leases aggregating 279,000 square feet at 1301 Avenue of the Americas, a 1.7 m...

4 months ago - Business Wire

Paramount sues insurance firm over ‘Mission Impossible' COVID shutdowns

Hollywood studio Paramount Pictures slapped its insurance company with a lawsuit Monday after it refused to cover the majority of its losses due to pandemic-related shutdowns on “Mission Impossible 7.” ...

4 months ago - New York Post

Should Value Investors Pick Paramount Group (PGRE) Stock Now?

Is Paramount Group (PGRE) a great pick from the value investor's perspective right now? Read on to know more.

5 months ago - Zacks Investment Research

Paramount Completes $860 Million Refinancing of 1301 Avenue of the Americas

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has completed an $860 million refinancing of 1301 Avenue of the Americas, a 1.7 milli...

5 months ago - Business Wire

Paramount Group (PGRE) Tops Q2 FFO Estimates

Paramount Group (PGRE) delivered FFO and revenue surprises of 10.00% and -0.13%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Paramount Announces Second Quarter 2021 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, 2021 today and reported results for th...

5 months ago - Business Wire

10 Stocks to Buy That Will Double in the Second Half of 2021

These 10 stocks to buy have strong free cash flow margins and are trading near the S&P 500's year-to-date return. The post 10 Stocks to Buy That Will Double in the Second Half of 2021 appeared first on ...

6 months ago - InvestorPlace

Paramount Reschedules Second Quarter 2021 Earnings Call to Wednesday July 28, 2021 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 2021 conference call and audio webcast from Wednesd...

6 months ago - Business Wire

Paramount Announces Release Date for Second Quarter 2021 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, 2021 with ...

6 months ago - Business Wire

Paramount to Participate in Nareit's REITWeek 2021

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc.(NYSE: PGRE) (“Paramount” or the “Company”) announced today that Albert Behler, Chairman, Chief Executive Officer and President, Wilbur Paes, Chief Operat...

7 months ago - Business Wire

Paramount Achieves Fitwel Champion Status

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) is pleased to announce that it has become a Fitwel Champion, reflecting its strong commitment to create offic...

7 months ago - Business Wire

Paramount Announces Major Investment Plan To Modernize And Reimagine 60 Wall Street Office Tower

NEW YORK, May 17, 2021 /PRNewswire/ -- Paramount Group, Inc. (NYSE: PGRE) ("Paramount") today announced plans for an extensive repositioning of 60 Wall Street's base and interiors, including its soaring...

8 months ago - PRNewsWire

Stocks With Rising Relative Strength: Paramount

Paramount shows rising price performance, earning an upgrade to its IBD Relative Strength Rating The post Stocks With Rising Relative Strength: Paramount appeared first on Investor's Business Daily.

8 months ago - Investors Business Daily

Paramount Group (PGRE) Q1 FFO and Revenues Top Estimates

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?

8 months ago - Zacks Investment Research