PGRE - Paramount Group Inc Stock Price, Fair Value and News

4.57USD+0.12 (+2.70%)Market Closed

Market Summary

USD4.57+0.12

Market Closed

2.70%

PGRE Stock Price

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PGRE RSI Chart

PGRE Valuation

Market Cap

967.3M

Price/Earnings (Trailing)

-3.72

Price/Sales (Trailing)

1.3

EV/EBITDA

15.97

Price/Free Cashflow

3.48

PGRE Price/Sales (Trailing)

PGRE Profitability

EBT Margin

-49.80%

Return on Equity

-8.11%

Return on Assets

-3.24%

Free Cashflow Yield

28.73%

PGRE Fundamentals

PGRE Revenue

Revenue (TTM)

742.8M

Rev. Growth (Yr)

4.59%

Rev. Growth (Qtr)

1.74%

PGRE Earnings

Earnings (TTM)

-259.7M

Earnings Growth (Yr)

-442.68%

Earnings Growth (Qtr)

-2.4K%

Breaking Down PGRE Revenue

Last 7 days

-5.5%

Last 30 days

-3.5%

Last 90 days

-10.6%

Trailing 12 Months

-2.6%

How does PGRE drawdown profile look like?

PGRE Financial Health

PGRE Investor Care

Dividend Yield

4.1%

Dividend/Share (TTM)

0.18

Shares Dilution (1Y)

0.18%

Diluted EPS (TTM)

-1.2

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	745.2M	732.3M	734.3M	742.8M
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

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Paramount Group Inc

Filter Transactions

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

Which funds bought or sold PGRE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	Capital Advisors, Ltd. LLC	added	12.86	-	1,000	-%
Apr 16, 2024	Presima Securities ULC	reduced	-1.89	-691,716	5,596,790	1.30%
Apr 11, 2024	Ballentine Partners, LLC	added	17.68	7,485	118,268	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	unchanged	-	-42.00	403	-%
Apr 05, 2024	CWM, LLC	added	0.15	-1,000	3,000	-%
Apr 05, 2024	GAMMA Investing LLC	reduced	-0.8	-122	5,806	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-61.19	-20,887	16,032	-%
Mar 15, 2024	B. Riley Wealth Advisors, Inc.	reduced	-18.75	-68,150	676,650	0.02%
Mar 11, 2024	VANGUARD GROUP INC	added	0.11	14,204,000	132,270,000	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	96.88	10,324,200	18,905,400	-%

Are Funds Buying or Selling PGRE?

Are funds buying PGRE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PGRE

No. of Funds

Unveiling Paramount Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.77%	25,584,146	SC 13G/A
Jan 23, 2024	blackrock inc.	14.1%	30,665,348	SC 13G/A
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
Dec 07, 2022	blackrock inc.	12.0%	26,485,816	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

Recent SEC filings of Paramount Group Inc

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	ARS	ARS
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 01, 2024	S-3ASR	S-3ASR
Mar 01, 2024	424B2	Prospectus Filed
Mar 01, 2024	8-K	Current Report
Feb 14, 2024	10-K	Annual Report

Peers (Alternatives to Paramount Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	79.7B	11.1B	-13.04%	-17.84%	58.33	7.16	4.04%	-19.43%
CCI	41.0B	7.0B	-9.76%	-29.35%	27.28	5.87	-0.07%	-10.36%
AVB	25.9B	2.8B	-0.02%	3.91%	27.86	9.34	6.73%	-18.30%
ARE	20.0B	2.9B	-5.67%	-6.97%	193.26	6.94	11.46%	-80.13%
AMH	12.7B	1.6B	-2.45%	5.32%	29.36	7.9	7.80%	39.39%
REG	10.7B	1.3B	-2.50%	-5.09%	29.24	8.06	8.04%	-24.50%
BXP	9.2B	3.3B	-6.87%	8.89%	48.44	2.81	5.31%	-77.32%
MID-CAP
FRT	8.2B	1.1B	-1.11%	0.59%	34.51	7.22	5.38%	-38.52%
MAC	3.3B	884.1M	-8.56%	49.21%	-11.94	3.7	2.90%	-314.82%
SLG	3.1B	899.4M	-5.89%	94.81%	-5.57	3.5	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.74%	11.87%	19.34	2.84	4.38%	15.77%
AIV	1.1B	198.2M	3.05%	-4.32%	-7.14	5.71	-43.33%	-270.70%
MFA	1.0B	605.6M	-9.43%	1.88%	13.09	1.73	25.53%	134.62%
NYMT	621.3M	258.7M	-5.15%	-32.84%	-12.77	2.4	0.11%	83.70%
IVR	392.0M	277.9M	-12.26%	-22.88%	-24.72	1.41	44.33%	96.06%

Paramount Group Inc News

Latest updates

Paramount Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.7%	192	189	173	188	184	187	186	184	184	179	182	181	182	177	171	184	187	191	181	184	191
Operating Expenses	6.8%	162	151	150	144	145	144	142	138	138	138	143	140	146	144	141	138	141	147	143	144	108
S&GA Expenses	1.4%	16.00	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
EBITDA Margin	-87.0%	0.05*	0.35*	-0.98*	0.08*	-0.02*	0.53*	0.54*	0.52*	0.52*	0.52*	0.50*	0.51*	0.51*	0.51*	0.52*	0.53*	0.54*	0.54*	0.60*	-	-
Interest Expenses	3.7%	41.00	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
Income Taxes	14.8%	0.00	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
Earnings Before Taxes	-994.5%	-271	-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
EBT Margin	-168.2%	-0.50*	-0.19*	-1.26*	-0.12*	-0.14*	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*	-	-
Net Income	-2351.4%	-205	-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
Net Income Margin	-178.9%	-0.35*	-0.13*	-0.79*	-0.17*	-0.14*	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*	0.07*	-	-
Free Cashflow	172.4%	102	38.00	80.00	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	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.4%	8,006	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
Cash Equivalents	7.2%	428	400	435	452	409	469	507	462	525	495	475	465	435	516	523	378	306	298	283	342	340
Liabilities	0.3%	3,991	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
Shareholder's Equity	-6.6%	3,203	3,429	4,348	4,437	3,592	4,423	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
Retained Earnings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-276	-260	-239	-219
Additional Paid-In Capital	0.1%	4,134	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
Shares Outstanding	0.0%	217	217	217	217	217	222	221	219	219	219	219	219	222	224	225	228	232	231	234	-	-
Float	-	-	-	810	-	-	-	1,386	-	-	-	1,863	-	-	-	1,448	-	-	-	2,806	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	172.4%	102,262	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
Share Based Compensation	34.8%	6,310	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
Cashflow From Investing	-130.5%	-53,153	-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
Cashflow From Financing	80.5%	-10,033	-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
Dividend Payments	0.0%	7,606	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
Buy Backs	-	-	-	-	-	43,153	21,313	-	-	-	-	-	-	11,480	8,520	2,987	97,013	8,132	82,517	6,488	-	99,294

PGRE Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Rental revenue	$ 711,470,000	$ 702,819,000	$ 690,418,000
Fee and other income	31,318,000	37,558,000	36,368,000
Total revenues	742,788,000	740,377,000	726,786,000
Expenses:
Operating	293,965,000	277,422,000	265,438,000
Depreciation and amortization	250,644,000	232,517,000	232,487,000
General and administrative	61,986,000	59,487,000	59,132,000
Transaction related costs	422,000	470,000	916,000
Total expenses	607,017,000	569,896,000	557,973,000
Other income (expense):
Loss from real estate related fund investments	(96,375,000)	(2,233,000)	0
(Loss) income from unconsolidated real estate related funds	(822,000)	(1,239,000)	782,000
Loss from unconsolidated joint ventures	(270,298,000)	(53,251,000)	(24,896,000)
Interest and other (loss) income, net	14,837,000	5,174,000	3,017,000
Interest and debt expense	(152,990,000)	(143,864,000)	(142,014,000)
(Loss) income before income taxes	(369,877,000)	(24,932,000)	5,702,000
Income tax expense	(1,426,000)	(3,265,000)	(3,643,000)
Net (loss) income	(371,303,000)	(28,197,000)	2,059,000
Less net (income) loss attributable to noncontrolling interests in:
Consolidated joint ventures	(20,464,000)	(13,981,000)	(21,538,000)
Consolidated real estate related funds	109,795,000	3,342,000	(2,893,000)
Operating Partnership	22,228,000	2,433,000	2,018,000
Net loss attributable to common stockholders	$ (259,744,000)	$ (36,403,000)	$ (20,354,000)
Loss per Common Share - Basic:
Net loss per common share	$ (1.2)	$ (0.16)	$ (0.09)
Weighted average common shares outstanding	216,922,235	221,309,938	218,701,249
Loss per Common Share - Diluted:
Net loss per common share	$ (1.2)	$ (0.16)	$ (0.09)
Weighted average common shares outstanding	216,922,235	221,309,938	218,701,249

PGRE Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)

Dec. 31, 2023

Dec. 31, 2022

Real estate, at cost

Land

$ 1,966,237,000

Buildings and improvements

6,250,379,000

6,177,540,000

Rental property, at cost

8,216,616,000

8,143,777,000

Accumulated depreciation and amortization

(1,471,819,000)

(1,297,553,000)

Real estate, net

6,744,797,000

6,846,224,000

Cash and cash equivalents

428,208,000

408,905,000

Restricted cash

81,391,000

40,912,000

Accounts and other receivables

18,053,000

23,866,000

Real estate related fund investments

775,000

105,369,000

Investments in unconsolidated real estate related funds

4,549,000

3,411,000

Investments in unconsolidated joint ventures

132,239,000

393,503,000

Deferred rent receivable

351,209,000

346,338,000

Deferred charges, net of accumulated amortization of $82,265 and $68,686

108,751,000

120,685,000

Intangible assets, net of accumulated amortization of $194,536 and $246,723

68,005,000

90,381,000

Other assets

68,238,000

73,660,000

Total assets

^[1]

8,006,215,000

8,453,254,000

Liabilities and Equity

Notes and mortgages payable, net of unamortized deferred financing costs of $13,566 and $17,682

3,803,484,000

3,840,318,000

Revolving credit facility

Accounts payable and accrued expenses

114,463,000

123,176,000

Dividends and distributions payable

8,360,000

18,026,000

Intangible liabilities, net of accumulated amortization of $108,817 and $102,533

28,003,000

36,193,000

Other liabilities

37,017,000

24,775,000

Total liabilities

^[1]

3,991,327,000

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 217,366,089 and 216,559,406 shares in 2023 and 2022, respectively

2,173,000

2,165,000

Additional paid-in-capital

4,133,801,000

4,186,161,000

Earnings less than distributions

(943,935,000)

(644,331,000)

Accumulated other comprehensive income

11,246,000

48,296,000

Paramount Group, Inc. equity

3,203,285,000

3,592,291,000

Noncontrolling interests in:

Consolidated joint ventures

413,925,000

402,118,000

Consolidated real estate related funds

110,589,000

173,375,000

Operating Partnership (19,468,095 and 14,586,411 units outstanding)

287,089,000

242,982,000

Total equity

4,014,888,000

4,410,766,000

Total liabilities and equity

$ 8,006,215,000

$ 8,453,254,000

[1]

Represents the consolidated assets and liabilities of Paramount Group Operating Partnership LP, a Delaware limited partnership (the “Operating Partnership”). The Operating Partnership is a consolidated variable interest entity (“VIE”), of which we are the sole general partner and own approximately 91.8% as of December 31, 2023. As of December 31, 2023, the assets and liabilities of the Operating Partnership include $3,860,326 and $2,522,385 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 12, Variable Interest Entities (“VIEs”).

About Paramount Group Inc

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.

CEO	Mr. Albert P. Behler
WEBSITE	paramount-group.com
INDUSTRY	REIT Mortgage
EMPLOYEES	326

Paramount Group Inc Frequently Asked Questions

What is the ticker symbol for Paramount Group Inc? What does PGRE stand for in stocks?

PGRE is the stock ticker symbol of Paramount Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Paramount Group Inc (PGRE)?

As of Thu Apr 18 2024, market cap of Paramount Group Inc is 967.28 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PGRE stock?

You can check PGRE's fair value in chart for subscribers.

What is the fair value of PGRE stock?

You can check PGRE's fair value in chart for subscribers. The fair value of Paramount Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Paramount Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PGRE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Paramount Group Inc a good stock to buy?

The fair value guage provides a quick view whether PGRE is over valued or under valued. Whether Paramount Group Inc is cheap or expensive depends on the assumptions which impact Paramount Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PGRE.

What is Paramount Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, PGRE's PE ratio (Price to Earnings) is -3.72 and Price to Sales (PS) ratio is 1.3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PGRE PE ratio will change depending on the future growth rate expectations of investors.