Last 7 days
-1.2%
Last 30 days
0.5%
Last 90 days
-19.2%
Trailing 12 Months
-52.1%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 50.6B | 4.3B | -1.18% | -10.19% | 11.63 | 11.76 | 18.80% | 113.99% |
DLR | 30.7B | 4.9B | 10.59% | -20.46% | 82.21 | 6.26 | 9.82% | -73.28% |
EQR | 23.9B | 2.0B | -1.28% | -18.49% | 26.03 | 12.09 | -20.93% | -31.79% |
ARE | 19.7B | 2.7B | -6.01% | -30.25% | 26.3 | 7.37 | 18.91% | 81.13% |
KIM | 13.2B | 1.7B | -4.07% | -25.83% | 104.43 | 7.61 | 15.49% | -81.09% |
MID-CAP | ||||||||
FRT | 7.4B | 1.1B | -8.78% | -21.04% | 19.11 | 6.81 | 10.19% | 46.60% |
KRG | 4.4B | 814.4M | -5.06% | -2.82% | 480.55 | 5.4 | 63.41% | 107.43% |
VNO | 2.7B | 1.8B | -4.02% | -58.75% | -7.41 | 1.51 | 9.23% | -286.27% |
MAC | 2.2B | 857.9M | -7.05% | -14.51% | -24.97 | 2.55 | -1.75% | -315.36% |
SMALL-CAP | ||||||||
SKT | 2.1B | 421.5M | 5.92% | 21.93% | 24.16 | 5.1 | 1.34% | 437.34% |
SLG | 1.6B | 862.4M | 1.35% | -59.50% | -12.39 | 1.8 | 7.01% | -127.00% |
AIV | 1.3B | 184.6M | 5.87% | 32.38% | 13.6 | 6.79 | 2.55% | 1950.56% |
PGRE | 925.3M | 745.2M | 0.47% | -52.12% | -24.32 | 1.24 | 2.17% | -183.81% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 0.6% | 745 | 740 | 741 | 733 | 729 |
Operating Expenses | 1.0% | 576 | 570 | 562 | 556 | 556 |
S&GA Expenses | -1.7% | 58.00 | 59.00 | 59.00 | 59.00 | 60.00 |
EBITDA | -10.1% | 351 | 391 | 393 | 381 | - |
EBITDA Margin | -10.0% | 0.47* | 0.53* | 0.54* | 0.52* | - |
Earnings Before Taxes | 7.8% | -22.98 | -24.93 | 20.00 | 23.00 | 9.00 |
EBT Margin | -225.9% | -0.03* | 0.03* | 0.03* | 0.01* | - |
Interest Expenses | 1.5% | 146 | 144 | 143 | 142 | 142 |
Net Income | -4.5% | -38.04 | -36.40 | 3.00 | 2.00 | -13.40 |
Net Income Margin | -1450.8% | -0.05* | 0.00* | 0.00* | -0.02* | - |
Free Cahsflow | 6.9% | 247 | 231 | 241 | 245 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | 0.3% | 8,480 | 8,453 | 8,496 | 8,482 | 8,499 |
Cash Equivalents | 10.5% | 452 | 409 | 469 | 507 | 462 |
Liabilities | 0.0% | 4,043 | 4,042 | 4,073 | 4,031 | 4,036 |
Shareholder's Equity | 23.5% | 4,437 | 3,592 | 3,674 | 4,451 | 4,463 |
Additional Paid-In Capital | -0.1% | 4,182 | 4,186 | 4,210 | 4,229 | 4,120 |
Shares Outstanding | 0.3% | 217 | 217 | 222 | 226 | 219 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | -0.3% | 246 | 247 | 231 | 241 | 245 |
Share Based Compensation | -7.6% | 18.00 | 19.00 | 19.00 | 19.00 | 20.00 |
Cashflow From Investing | 45.4% | -83.31 | -152 | -100 | -109 | -165 |
Cashflow From Financing | 31.0% | -119 | -173 | -142 | -107 | -99.27 |
Dividend Payments | 2.2% | 69.00 | 67.00 | 65.00 | 63.00 | 61.00 |
Buy Backs | -25.9% | 63.00 | 85.00 | - | - | - |
78.8%
44.2%
35.4%
Y-axis is the maximum loss one would have experienced if Paramount Group was unfortunately bought at previous high price.
-15.2%
-20.2%
-16.8%
FIve years rolling returns for Paramount Group.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-06-01 | MACQUARIE GROUP LTD | added | 0.28 | -52,321 | 175,021 | -% |
2023-05-26 | ProShare Advisors LLC | reduced | -8.53 | -42,639 | 100,521 | -% |
2023-05-23 | Brookfield Corp /ON/ | unchanged | - | -6,344,480 | 20,964,400 | 0.08% |
2023-05-22 | AMERIPRISE FINANCIAL INC | new | - | 274,471 | 274,471 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -27.39 | -337,000 | 424,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -29.07 | -4,937,000 | 5,902,000 | -% |
2023-05-17 | VIRGINIA RETIREMENT SYSTEMS ET AL | sold off | -100 | -1,639,740 | - | -% |
2023-05-16 | Baker Avenue Asset Management, LP | new | - | 1,017 | 1,017 | -% |
2023-05-16 | JANE STREET GROUP, LLC | sold off | -100 | -259,738 | - | -% |
2023-05-16 | Strategic Family Wealth Counselors, L.L.C. | new | - | 421,509 | 421,509 | 0.20% |
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 | |
---|---|---|---|
May 23, 2023 | 8-K | Current Report | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading | |
May 22, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-18 | Saito Hitoshi | acquired | - | - | 27,650 | - |
2023-05-18 | Armbrust Thomas | acquired | - | - | 27,650 | - |
2023-03-23 | Behler Albert P. | bought | 205,050 | 4.101 | 50,000 | chairman, ceo and president |
2023-03-23 | Johnson Gage R. | acquired | - | - | 3,000 | svp, gc and secretary |
2023-03-23 | Johnson Gage R. | bought | 17,851 | 3.967 | 4,500 | svp, gc and secretary |
2023-03-22 | Behler Albert P. | bought | 130,770 | 4.359 | 30,000 | chairman, ceo and president |
2023-03-21 | Behler Albert P. | bought | 86,900 | 4.345 | 20,000 | chairman, ceo and president |
2023-03-20 | Behler Albert P. | bought | 127,950 | 4.265 | 30,000 | chairman, ceo and president |
2023-03-17 | Behler Albert P. | bought | 171,200 | 4.28 | 40,000 | chairman, ceo and president |
2023-03-10 | Behler Albert P. | bought | 48,070 | 4.807 | 10,000 | chairman, ceo and president |
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
Revenues: | ||
Rental revenue | $ 181,713,000 | $ 169,922,000 |
Fee and other income | 6,761,000 | 13,763,000 |
Total revenues | 188,474,000 | 183,685,000 |
Expenses: | ||
Operating | 70,309,000 | 66,661,000 |
Depreciation and amortization | 58,888,000 | 55,624,000 |
General and administrative | 14,623,000 | 15,645,000 |
Transaction related costs | 128,000 | 117,000 |
Total expenses | 143,948,000 | 138,047,000 |
Other income (expense): | ||
Income from real estate related fund investments | 3,550,000 | 0 |
(Loss) income from unconsolidated real estate related funds | (178,000) | 170,000 |
Loss from unconsolidated joint ventures | (5,762,000) | (5,113,000) |
Interest and other income, net | 2,925,000 | 231,000 |
Interest and debt expense | (36,459,000) | (34,277,000) |
Income before income taxes | 8,602,000 | 6,649,000 |
Income tax expense | (288,000) | (527,000) |
Net income | 8,314,000 | 6,122,000 |
Less net (income) loss attributable to noncontrolling interests in: | ||
Consolidated joint ventures | (5,641,000) | (3,425,000) |
Consolidated real estate related funds | (823,000) | 1,016,000 |
Operating Partnership | (121,000) | (342,000) |
Net income attributable to common stockholders | $ 1,729,000 | $ 3,371,000 |
Income per Common Share - Basic: | ||
Income per common share | $ 0.01 | $ 0.02 |
Weighted average shares outstanding | 216,563,108 | 218,782,296 |
Income per Common Share - Diluted: | ||
Income per common share | $ 0.01 | $ 0.02 |
Weighted average shares outstanding | 216,617,020 | 218,840,094 |
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
Real estate, at cost: | ||||
Land | $ 1,966,237,000 | $ 1,966,237,000 | ||
Buildings and improvements | 6,185,311,000 | 6,177,540,000 | ||
Rental property, at cost | 8,151,548,000 | 8,143,777,000 | ||
Accumulated depreciation and amortization | (1,337,552,000) | (1,297,553,000) | ||
Real estate, net | 6,813,996,000 | 6,846,224,000 | ||
Cash and cash equivalents | 451,796,000 | 408,905,000 | ||
Restricted cash | 59,179,000 | 40,912,000 | ||
Accounts and other receivables | 19,409,000 | 23,866,000 | ||
Real estate related fund investments | 108,176,000 | 105,369,000 | ||
Investments in unconsolidated real estate related funds | 3,180,000 | 3,411,000 | ||
Investments in unconsolidated joint ventures | 385,034,000 | 393,503,000 | ||
Deferred rent receivable | 354,326,000 | 346,338,000 | ||
Deferred charges, net of accumulated amortization of $72,965 and $68,686 | 120,359,000 | 120,685,000 | ||
Intangible assets, net of accumulated amortization of $185,725 and $246,723 | 84,352,000 | 90,381,000 | ||
Other assets | 80,282,000 | 73,660,000 | ||
Total assets | [1] | 8,480,089,000 | 8,453,254,000 | |
Liabilities and Equity | ||||
Notes and mortgages payable, net of unamortized deferred financing costs of $16,508 and $17,682 | 3,841,492,000 | 3,840,318,000 | ||
Revolving credit facility | 0 | 0 | ||
Accounts payable and accrued expenses | 118,932,000 | 123,176,000 | ||
Dividends and distributions payable | 18,110,000 | 18,026,000 | ||
Intangible liabilities, net of accumulated amortization of $104,415 and $102,533 | 33,938,000 | 36,193,000 | ||
Other liabilities | 30,537,000 | 24,775,000 | ||
Total liabilities | [1] | 4,043,009,000 | 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 217,211,716 and 216,559,406 shares in 2023 and 2022, respectively | 2,171,000 | 2,165,000 | ||
Additional paid-in-capital | 4,181,983,000 | 4,186,161,000 | ||
Earnings less than distributions | (659,641,000) | (644,331,000) | ||
Accumulated other comprehensive income | 38,058,000 | 48,296,000 | ||
Paramount Group, Inc. equity | 3,562,571,000 | 3,592,291,000 | ||
Noncontrolling interests in: | ||||
Consolidated joint ventures | 403,902,000 | 402,118,000 | ||
Consolidated real estate related funds | 220,206,000 | 173,375,000 | ||
Operating Partnership (15,212,454 and 14,586,411 units outstanding) | 250,401,000 | 242,982,000 | ||
Total equity | 4,437,080,000 | 4,410,766,000 | ||
Total liabilities and equity | $ 8,480,089,000 | $ 8,453,254,000 | ||
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