Last 7 days
8.2%
Last 30 days
9.8%
Last 90 days
0.2%
Trailing 12 Months
-7.4%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 745.2M | 732.3M | 734.3M | 0 |
2022 | 729.3M | 732.6M | 740.6M | 740.4M |
2021 | 711.4M | 722.6M | 724.9M | 726.8M |
2020 | 743.4M | 733.1M | 718.6M | 714.2M |
2019 | 759.1M | 749.0M | 747.7M | 743.8M |
2018 | 722.0M | 735.7M | 748.5M | 759.0M |
2017 | 691.7M | 697.1M | 705.5M | 719.0M |
2016 | 674.1M | 683.5M | 687.1M | 683.3M |
2015 | 0 | 0 | 0 | 662.4M |
2014 | 0 | 0 | 0 | 0 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Aug 17, 2023 | behler albert p. | bought | 94,540 | 4.727 | 20,000 | chairman, ceo and president |
Aug 16, 2023 | behler albert p. | bought | 231,950 | 4.639 | 50,000 | chairman, ceo and president |
May 18, 2023 | saito hitoshi | acquired | - | - | 27,650 | - |
May 18, 2023 | armbrust thomas | acquired | - | - | 27,650 | - |
Mar 23, 2023 | behler albert p. | bought | 205,050 | 4.101 | 50,000 | chairman, ceo and president |
Mar 23, 2023 | johnson gage r. | acquired | - | - | 3,000 | svp, gc and secretary |
Mar 23, 2023 | johnson gage r. | bought | 17,851 | 3.967 | 4,500 | svp, gc and secretary |
Mar 22, 2023 | behler albert p. | bought | 130,770 | 4.359 | 30,000 | chairman, ceo and president |
Mar 21, 2023 | behler albert p. | bought | 86,900 | 4.345 | 20,000 | chairman, ceo and president |
Mar 20, 2023 | behler albert p. | bought | 127,950 | 4.265 | 30,000 | chairman, ceo and president |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 01, 2023 | B. Riley Wealth Advisors, Inc. | new | - | 744,800 | 744,800 | 0.02% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -21.45 | -127,062 | 575,837 | -% |
Nov 22, 2023 | Graham Capital Management, L.P. | reduced | -22.34 | -166,487 | 709,350 | 0.02% |
Nov 21, 2023 | Walleye Trading LLC | sold off | -100 | -173,948 | - | -% |
Nov 16, 2023 | Creative Planning | added | 19.04 | 52,405 | 269,456 | -% |
Nov 16, 2023 | Employees Retirement System of Texas | new | - | 1,155,000 | 1,155,000 | 0.02% |
Nov 15, 2023 | Baker Avenue Asset Management, LP | unchanged | - | 54.00 | 1,303 | -% |
Nov 15, 2023 | CAPTRUST FINANCIAL ADVISORS | added | 12.39 | 8,614 | 58,651 | -% |
Nov 15, 2023 | MORGAN STANLEY | added | 1.04 | 319,579 | 6,265,880 | -% |
Nov 15, 2023 | JANE STREET GROUP, LLC | added | 1.32 | 18,798 | 350,459 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | norges bank | 8.36% | 18,378,272 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 12.34% | 27,118,564 | SC 13G/A | |
Jan 23, 2023 | blackrock inc. | 12.6% | 27,644,295 | SC 13G/A | |
Mar 04, 2022 | monarch alternative capital lp | 5.57% | 12,200,000 | SC 13D/A | |
Feb 25, 2022 | monarch alternative capital lp | 5.57% | 12,200,000 | SC 13D | |
Feb 03, 2022 | blackrock inc. | 8.8% | 19,272,090 | SC 13G/A | |
Feb 10, 2021 | norges bank | 9.03% | 19,882,031 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 11.52% | 25,354,463 | SC 13G/A | |
Feb 05, 2021 | blackrock inc. | 5.6% | 12,336,225 | SC 13G/A | |
Feb 14, 2020 | price t rowe associates inc /md/ | 2.6% | 6,121,978 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Nov 01, 2023 | 8-K | Current Report | |
Nov 01, 2023 | 10-Q | Quarterly Report | |
Sep 12, 2023 | 8-K | Current Report | |
Sep 12, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 98.2B | 11.1B | 12.88% | -0.83% | 154.18 | 8.88 | 5.85% | -77.77% |
CCI | 50.8B | 7.1B | 20.58% | -12.70% | 32.75 | 7.19 | 2.84% | -3.84% |
AVB | 24.9B | 2.7B | 3.53% | 4.91% | 26.8 | 9.1 | 8.23% | -24.59% |
ARE | 20.0B | 2.8B | 20.33% | -16.83% | 26.64 | 7.46 | 12.15% | -54.56% |
AMH | 12.7B | - | -0.26% | 10.49% | 30.26 | 7.71 | -74.13% | 64.54% |
MID-CAP | ||||||||
REG | 10.0B | 1.3B | 4.15% | -2.48% | 20.64 | 8.14 | 5.88% | -18.75% |
BXP | 9.9B | 3.2B | 10.28% | -3.15% | 54.49 | 3.07 | 6.05% | -80.01% |
FRT | 8.1B | 1.1B | 5.19% | -7.19% | 28.02 | 7.22 | 6.86% | -24.99% |
MAC | 2.8B | 873.6M | 20.91% | 3.15% | -8.23 | 3.15 | 1.54% | -294.39% |
SLG | 2.7B | 674.9M | 20.30% | 25.00% | -5.7 | 3.99 | 9.26% | -627.28% |
SMALL-CAP | ||||||||
AAT | 1.3B | - | 7.56% | -19.96% | 20.22 | 2.65 | 3.89% | 17.90% |
MFA | 1.1B | 578.6M | 9.99% | -0.64% | -382.89 | 1.9 | 29.91% | 98.52% |
AIV | 1.0B | 339.3M | 15.61% | -11.79% | -5.71 | 2.79 | 88.48% | -168.70% |
NYMT | 811.6M | 242.8M | 13.29% | -14.22% | -6.33 | 3.34 | -1.99% | 43.00% |
IVR | 394.0M | 274.5M | 3.70% | -36.24% | -59.72 | 1.44 | 54.00% | 98.69% |
Income Statement (Quarterly) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 9.6% | 189 | 173 | 188 | 184 | 187 | 186 | 184 | 184 | 179 | 182 | 181 | 182 | 177 | 171 | 184 | 187 | 191 | 181 | 184 | 191 | 193 |
Operating Expenses | 0.9% | 151 | 150 | 144 | 145 | 144 | 142 | 138 | 138 | 138 | 143 | 140 | 146 | 144 | 141 | 138 | 141 | 147 | 143 | 144 | 108 | 149 |
S&GA Expenses | -4.7% | 15.00 | 16.00 | 15.00 | 14.00 | 13.00 | 17.00 | 16.00 | 13.00 | 13.00 | 18.00 | 14.00 | 18.00 | 17.00 | 18.00 | 12.00 | 17.00 | 16.00 | 18.00 | 17.00 | 13.00 | 14.00 |
EBITDA Margin | - | - | - | 0.48* | 0.47* | 0.53* | 0.54* | 0.52* | 0.52* | 0.52* | 0.50* | 0.51* | 0.51* | 0.52* | 0.53* | 0.55* | 0.55* | 0.56* | 0.61* | 0.55* | 0.56* | 0.55* |
Interest Expenses | 6.0% | 39.00 | 37.00 | 36.00 | 37.00 | 37.00 | 36.00 | 34.00 | 36.00 | 36.00 | 35.00 | 35.00 | 36.00 | 36.00 | 36.00 | 37.00 | 45.00 | 37.00 | 37.00 | 37.00 | 46.00 | 35.00 |
Income Taxes | -54.1% | 0.00 | 1.00 | 0.00 | 2.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | -0.51 | -0.58 | 0.00 | 1.00 | 1.00 | 2.00 |
Earnings Before Taxes | 69.9% | -24.80 | -82.26 | 9.00 | -37.87 | 2.00 | 4.00 | 7.00 | 7.00 | 6.00 | -9.69 | 3.00 | -1.37 | -5.88 | -9.69 | 4.00 | -12.27 | 7.00 | 3.00 | 6.00 | 4.00 | 46.00 |
EBT Margin | - | - | - | -0.03* | -0.03* | 0.03* | 0.03* | 0.01* | 0.01* | 0.00* | -0.02* | -0.02* | -0.02* | -0.03* | -0.01* | 0.00* | 0.01* | 0.03* | 0.08* | 0.03* | 0.02* | 0.01* |
Net Income | 82.4% | -8.38 | -47.54 | 2.00 | -37.88 | -1.54 | -0.36 | 3.00 | 1.00 | -2.06 | -15.94 | -3.58 | -14.82 | -6.96 | -6.27 | 3.00 | -50.14 | 7.00 | 2.00 | 4.00 | 5.00 | 38.00 |
Net Income Margin | - | - | - | -0.05* | -0.05* | 0.00* | 0.00* | -0.02* | -0.03* | -0.05* | -0.06* | -0.04* | -0.03* | -0.08* | -0.06* | -0.05* | -0.05* | 0.02* | 0.06* | 0.02* | 0.01* | 0.00* |
Free Cashflow | - | - | - | 58.00 | 72.00 | 43.00 | 72.00 | 59.00 | 56.00 | 54.00 | 76.00 | 58.00 | 98.00 | 36.00 | 76.00 | 27.00 | 79.00 | 100 | 12.00 | 94.00 | 22.00 | 28.00 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -0.9% | 8,289 | 8,368 | 8,480 | 8,453 | 8,496 | 8,482 | 8,499 | 8,495 | 8,546 | 8,533 | 8,572 | 8,554 | 8,806 | 8,833 | 8,754 | 8,734 | 8,580 | 8,854 | 8,722 | 8,756 | 8,941 |
Cash Equivalents | -8.1% | 400 | 435 | 452 | 409 | 469 | 507 | 462 | 525 | 495 | 475 | 465 | 435 | 516 | 523 | 378 | 306 | 298 | 283 | 342 | 340 | 539 |
Liabilities | -1.0% | 3,979 | 4,020 | 4,043 | 4,042 | 4,073 | 4,031 | 4,036 | 4,040 | 4,082 | 4,053 | 4,066 | 4,038 | 4,253 | 4,246 | 4,247 | 4,103 | 3,877 | 4,040 | 3,867 | 3,864 | 3,912 |
Shareholder's Equity | 22.9% | 4,310 | 3,507 | 4,437 | 3,592 | 3,674 | 4,451 | 4,463 | 4,455 | 4,463 | 4,480 | 4,506 | 4,516 | 4,553 | 4,588 | 4,507 | 4,631 | 4,703 | 4,813 | 4,855 | 4,892 | 5,029 |
Retained Earnings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -276 | -260 | -239 | -219 | -201 |
Additional Paid-In Capital | -1.3% | 4,128 | 4,184 | 4,182 | 4,186 | 4,210 | 4,229 | 4,120 | 4,123 | 4,118 | 4,114 | 4,111 | 4,120 | 4,128 | 4,134 | 4,102 | 4,133 | 4,134 | 4,214 | 4,218 | 4,202 | 4,301 |
Shares Outstanding | 0.0% | 217 | 217 | 217 | 217 | 222 | 223 | 219 | 219 | 219 | 219 | 219 | 219 | 221 | 222 | 228 | 227 | 231 | 234 | 233 | 233 | 240 |
Cashflow (Quarterly) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -53.1% | 37,541 | 80,088 | 57,968 | 72,220 | 43,315 | 72,428 | 58,674 | 56,246 | 53,602 | 76,128 | 58,330 | 97,703 | 36,458 | 76,151 | 26,960 | 78,794 | 99,834 | 12,362 | 94,451 | 22,355 | 27,657 |
Share Based Compensation | 11.1% | 4,680 | 4,214 | 5,117 | 4,150 | 4,149 | 4,142 | 6,562 | 4,191 | 4,192 | 4,743 | 5,486 | 5,098 | 4,503 | 4,241 | 5,397 | 5,001 | 5,174 | 5,083 | 7,602 | 4,401 | 4,330 |
Cashflow From Investing | 64.5% | -23,063 | -64,999 | -18,883 | -66,911 | -17,571 | 20,057 | -88,158 | -15,103 | -26,335 | -35,701 | -26,344 | 59,568 | -16,741 | -2,907 | 115 | -265,053 | 198,597 | -200,339 | -56,645 | -66,517 | 304,087 |
Cashflow From Financing | -175.8% | -51,386 | -18,633 | 22,073 | -65,346 | -47,757 | -28,944 | -31,856 | -34,023 | -12,562 | -20,826 | -9,070 | -238,854 | -29,269 | 84,963 | 39,690 | 194,308 | -281,372 | 133,885 | -42,744 | -160,056 | -28,402 |
Dividend Payments | -54.8% | 7,607 | 16,833 | 16,827 | 17,269 | 17,486 | 16,978 | 15,329 | 15,327 | 15,327 | 15,326 | 15,317 | 22,060 | 22,176 | 22,246 | 22,743 | 22,795 | 23,439 | 23,448 | 23,356 | 24,047 | 24,052 |
Buy Backs | - | - | - | - | 43,153 | 21,313 | - | - | - | - | - | - | 11,480 | 8,520 | 2,987 | 97,013 | 8,132 | 82,517 | 6,488 | - | 99,294 | 3,569 |
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Revenues: | ||||
Rental revenue | $ 182,515,000 | $ 179,250,000 | $ 529,734,000 | $ 526,415,000 |
Fee and other income | 6,666,000 | 7,897,000 | 20,583,000 | 29,934,000 |
Total revenues | 189,181,000 | 187,147,000 | 550,317,000 | 556,349,000 |
Expenses: | ||||
Operating | 75,502,000 | 72,845,000 | 216,889,000 | 207,320,000 |
Depreciation and amortization | 60,263,000 | 58,284,000 | 181,778,000 | 171,306,000 |
General and administrative | 15,460,000 | 13,150,000 | 46,307,000 | 45,501,000 |
Transaction related costs | 132,000 | 105,000 | 323,000 | 381,000 |
Total expenses | 151,357,000 | 144,384,000 | 445,297,000 | 424,508,000 |
Other income (expense): | ||||
Income (loss) from real estate related fund investments | 2,060,000 | 0 | (37,034,000) | 0 |
(Loss) income from unconsolidated real estate related funds | (721,000) | 300,000 | (867,000) | 625,000 |
Loss from unconsolidated joint ventures | (28,974,000) | (5,797,000) | (63,138,000) | (15,326,000) |
Interest and other income, net | 4,115,000 | 1,580,000 | 10,007,000 | 2,607,000 |
Interest and debt expense | (39,102,000) | (36,949,000) | (112,440,000) | (106,804,000) |
(Loss) income before income taxes | (24,798,000) | 1,897,000 | (98,452,000) | 12,943,000 |
Income tax expense | (263,000) | (673,000) | (1,124,000) | (1,559,000) |
Net (loss) income | (25,061,000) | 1,224,000 | (99,576,000) | 11,384,000 |
Less net (income) loss attributable to noncontrolling interests in: | ||||
Consolidated joint ventures | (4,887,000) | (4,179,000) | (15,879,000) | (12,383,000) |
Consolidated real estate related funds | 20,934,000 | 1,309,000 | 57,412,000 | 2,677,000 |
Operating Partnership | 629,000 | 109,000 | 3,849,000 | (204,000) |
Net (loss) income attributable to common stockholders | $ (8,385,000) | $ (1,537,000) | $ (54,194,000) | $ 1,474,000 |
(Loss) Income per Common Share - Basic: | ||||
(Loss) income per common share | $ (0.04) | $ (0.01) | $ (0.25) | $ 0.01 |
Weighted average shares outstanding | 217,043,022 | 224,864,791 | 216,871,778 | 222,228,605 |
(Loss) Income per Common Share - Diluted: | ||||
(Loss) income per common share | $ (0.04) | $ (0.01) | $ (0.25) | $ 0.01 |
Weighted average shares outstanding | 217,043,022 | 224,864,791 | 216,871,778 | 222,262,748 |
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) | Sep. 30, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
Real estate, at cost: | ||||
Land | $ 1,966,237,000 | $ 1,966,237,000 | ||
Buildings and improvements | 6,217,633,000 | 6,177,540,000 | ||
Rental property, at cost | 8,183,870,000 | 8,143,777,000 | ||
Accumulated depreciation and amortization | (1,427,705,000) | (1,297,553,000) | ||
Real estate, net | 6,756,165,000 | 6,846,224,000 | ||
Cash and cash equivalents | 399,631,000 | 408,905,000 | ||
Restricted cash | 70,892,000 | 40,912,000 | ||
Accounts and other receivables | 14,340,000 | 23,866,000 | ||
Real estate related fund investments | 68,225,000 | 105,369,000 | ||
Investments in unconsolidated real estate related funds | 4,537,000 | 3,411,000 | ||
Investments in unconsolidated joint ventures | 368,024,000 | 393,503,000 | ||
Deferred rent receivable | 347,641,000 | 346,338,000 | ||
Deferred charges, net of accumulated amortization of $79,679 and $68,686 | 112,448,000 | 120,685,000 | ||
Intangible assets, net of accumulated amortization of $193,626 and $246,723 | 74,391,000 | 90,381,000 | ||
Other assets | 72,265,000 | 73,660,000 | ||
Total assets | [1] | 8,288,559,000 | 8,453,254,000 | |
Liabilities and Equity | ||||
Notes and mortgages payable, net of unamortized deferred financing costs of $14,717 and $17,682 | 3,802,333,000 | 3,840,318,000 | ||
Revolving credit facility | 0 | 0 | ||
Accounts payable and accrued expenses | 109,471,000 | 123,176,000 | ||
Dividends and distributions payable | 8,357,000 | 18,026,000 | ||
Intangible liabilities, net of accumulated amortization of $106,839 and $102,533 | 29,981,000 | 36,193,000 | ||
Other liabilities | 28,452,000 | 24,775,000 | ||
Total liabilities | [1] | 3,978,594,000 | 4,042,488,000 | |
Commitments and contingencies | ||||
Paramount Group, Inc. equity: | ||||
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 217,353,507 and 216,559,406 shares in 2023 and 2022, respectively | 2,172,000 | 2,165,000 | ||
Additional paid-in-capital | 4,128,492,000 | 4,186,161,000 | ||
Earnings less than distributions | (730,777,000) | (644,331,000) | ||
Accumulated other comprehensive income | 29,325,000 | 48,296,000 | ||
Paramount Group, Inc. equity | 3,429,212,000 | 3,592,291,000 | ||
Noncontrolling interests in: | ||||
Consolidated joint ventures | 410,944,000 | 402,118,000 | ||
Consolidated real estate related funds | 162,973,000 | 173,375,000 | ||
Operating Partnership (19,429,601 and 14,586,411 units outstanding) | 306,836,000 | 242,982,000 | ||
Total equity | 4,309,965,000 | 4,410,766,000 | ||
Total liabilities and equity | $ 8,288,559,000 | $ 8,453,254,000 | ||
|
 CEO | Mr. Albert P. Behler |
---|---|
 WEBSITE | www.paramount-group.com |
 EMPLOYEES | 326 |