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PGRE

Paramount Group Inc

PGRE

5.43USD+0.27 (+5.23%)Market Closed
Watchlist

Market Summary

USD5.43+0.27
Market Closed
5.23%

PGRE Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

PGRE Stock Price

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PGRE RSI Chart

PGRE Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

-12.18

Price/Sales (Trailing)

1.53

EV/EBITDA

2.82

Price/Free Cashflow

4.53

PGRE Price/Sales (Trailing)

PGRE Profitability

EBT Margin

-3.08%

Return on Equity

-1.07%

Return on Assets

-0.45%

Free Cashflow Yield

22.1%

PGRE Fundamentals

PGRE Revenue

Revenue (TTM)

734.3M

Revenue Y/Y

1.09%

Revenue Q/Q

9.57%

PGRE Earnings

Earnings (TTM)

-92.1M

Earnings Y/Y

-445.54%

Earnings Q/Q

82.36%

Price Action

52 Week Range

3.986.74
(Low)(High)

Last 7 days

8.2%

Last 30 days

9.8%

Last 90 days

0.2%

Trailing 12 Months

-7.4%

How does PGRE drawdown profile look like?

PGRE Financial Health

PGRE Investor Care

Dividend Yield

4.36%

Dividend/Share (TTM)

0.23

Buy Backs (1Y)

2.30%

Diluted EPS (TTM)

-0.42

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023745.2M732.3M734.3M0
2022729.3M732.6M740.6M740.4M
2021711.4M722.6M724.9M726.8M
2020743.4M733.1M718.6M714.2M
2019759.1M749.0M747.7M743.8M
2018722.0M735.7M748.5M759.0M
2017691.7M697.1M705.5M719.0M
2016674.1M683.5M687.1M683.3M
2015000662.4M
20140000

Latest Insider Trading transactions for PGRE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 43

Which funds bought or sold PGRE recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of Paramount Group Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of Paramount Group Inc

View All Filings
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

PGRE Fair Value

Loading...

Peers (Alternatives to Paramount Group Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
98.2B
11.1B
12.88% -0.83%
154.18
8.88
5.85% -77.77%
50.8B
7.1B
20.58% -12.70%
32.75
7.19
2.84% -3.84%
24.9B
2.7B
3.53% 4.91%
26.8
9.1
8.23% -24.59%
20.0B
2.8B
20.33% -16.83%
26.64
7.46
12.15% -54.56%
12.7B
-
-0.26% 10.49%
30.26
7.71
-74.13% 64.54%
MID-CAP
10.0B
1.3B
4.15% -2.48%
20.64
8.14
5.88% -18.75%
9.9B
3.2B
10.28% -3.15%
54.49
3.07
6.05% -80.01%
8.1B
1.1B
5.19% -7.19%
28.02
7.22
6.86% -24.99%
2.8B
873.6M
20.91% 3.15%
-8.23
3.15
1.54% -294.39%
2.7B
674.9M
20.30% 25.00%
-5.7
3.99
9.26% -627.28%
SMALL-CAP
1.3B
-
7.56% -19.96%
20.22
2.65
3.89% 17.90%
1.1B
578.6M
9.99% -0.64%
-382.89
1.9
29.91% 98.52%
1.0B
339.3M
15.61% -11.79%
-5.71
2.79
88.48% -168.70%
811.6M
242.8M
13.29% -14.22%
-6.33
3.34
-1.99% 43.00%
394.0M
274.5M
3.70% -36.24%
-59.72
1.44
54.00% 98.69%

Paramount Group Inc News

Latest updates
Defense World06 Dec 202310:13 am35 hours ago
Nasdaq29 Nov 202305:03 pm8 days ago
InvestorsObserver24 Nov 202308:00 am13 days ago
InvestorsObserver20 Nov 202307:17 pm17 days ago
InvestorsObserver16 Nov 202308:00 am21 days ago
Yahoo Finance06 Nov 202308:00 am31 days ago
Yahoo Finance01 Nov 202307:00 am36 days ago
Seeking Alpha30 Oct 202307:00 am38 days ago
Yahoo Finance12 Oct 202307:00 am56 days ago
Yahoo Finance21 Sep 202307:00 am2 months ago
Seeking Alpha07 Sep 202307:00 am3 months ago
Yahoo Finance01 Aug 202307:00 am4 months ago
Yahoo Finance17 Jul 202307:00 am4 months ago
Yahoo Finance13 Jul 202307:00 am4 months ago

Financials for Paramount Group Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue9.6%189173188184187186184184179182181182177171184187191181184191193
Operating Expenses0.9%151150144145144142138138138143140146144141138141147143144108149
  S&GA Expenses-4.7%15.0016.0015.0014.0013.0017.0016.0013.0013.0018.0014.0018.0017.0018.0012.0017.0016.0018.0017.0013.0014.00
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 Expenses6.0%39.0037.0036.0037.0037.0036.0034.0036.0036.0035.0035.0036.0036.0036.0037.0045.0037.0037.0037.0046.0035.00
Income Taxes-54.1%0.001.000.002.001.000.001.001.001.000.001.000.000.000.001.00-0.51-0.580.001.001.002.00
Earnings Before Taxes69.9%-24.80-82.269.00-37.872.004.007.007.006.00-9.693.00-1.37-5.88-9.694.00-12.277.003.006.004.0046.00
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 Income82.4%-8.38-47.542.00-37.88-1.54-0.363.001.00-2.06-15.94-3.58-14.82-6.96-6.273.00-50.147.002.004.005.0038.00
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---58.0072.0043.0072.0059.0056.0054.0076.0058.0098.0036.0076.0027.0079.0010012.0094.0022.0028.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-0.9%8,2898,3688,4808,4538,4968,4828,4998,4958,5468,5338,5728,5548,8068,8338,7548,7348,5808,8548,7228,7568,941
    Cash Equivalents-8.1%400435452409469507462525495475465435516523378306298283342340539
Liabilities-1.0%3,9794,0204,0434,0424,0734,0314,0364,0404,0824,0534,0664,0384,2534,2464,2474,1033,8774,0403,8673,8643,912
Shareholder's Equity22.9%4,3103,5074,4373,5923,6744,4514,4634,4554,4634,4804,5064,5164,5534,5884,5074,6314,7034,8134,8554,8925,029
  Retained Earnings------------------276-260-239-219-201
  Additional Paid-In Capital-1.3%4,1284,1844,1824,1864,2104,2294,1204,1234,1184,1144,1114,1204,1284,1344,1024,1334,1344,2144,2184,2024,301
Shares Outstanding0.0%217217217217222223219219219219219219221222228227231234233233240
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-53.1%37,54180,08857,96872,22043,31572,42858,67456,24653,60276,12858,33097,70336,45876,15126,96078,79499,83412,36294,45122,35527,657
  Share Based Compensation11.1%4,6804,2145,1174,1504,1494,1426,5624,1914,1924,7435,4865,0984,5034,2415,3975,0015,1745,0837,6024,4014,330
Cashflow From Investing64.5%-23,063-64,999-18,883-66,911-17,57120,057-88,158-15,103-26,335-35,701-26,34459,568-16,741-2,907115-265,053198,597-200,339-56,645-66,517304,087
Cashflow From Financing-175.8%-51,386-18,63322,073-65,346-47,757-28,944-31,856-34,023-12,562-20,826-9,070-238,854-29,26984,96339,690194,308-281,372133,885-42,744-160,056-28,402
  Dividend Payments-54.8%7,60716,83316,82717,26917,48616,97815,32915,32715,32715,32615,31722,06022,17622,24622,74322,79523,43923,44823,35624,04724,052
  Buy Backs----43,15321,313------11,4808,5202,98797,0138,13282,5176,488-99,2943,569

PGRE Income Statement

2023-09-30
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Rental revenue$ 182,515,000$ 179,250,000$ 529,734,000$ 526,415,000
Fee and other income6,666,0007,897,00020,583,00029,934,000
Total revenues189,181,000187,147,000550,317,000556,349,000
Expenses:    
Operating75,502,00072,845,000216,889,000207,320,000
Depreciation and amortization60,263,00058,284,000181,778,000171,306,000
General and administrative15,460,00013,150,00046,307,00045,501,000
Transaction related costs132,000105,000323,000381,000
Total expenses151,357,000144,384,000445,297,000424,508,000
Other income (expense):    
Income (loss) from real estate related fund investments2,060,0000(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, net4,115,0001,580,00010,007,0002,607,000
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 funds20,934,0001,309,00057,412,0002,677,000
Operating Partnership629,000109,0003,849,000(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 outstanding217,043,022224,864,791216,871,778222,228,605
(Loss) Income per Common Share - Diluted:    
(Loss) income per common share$ (0.04)$ (0.01)$ (0.25)$ 0.01
Weighted average shares outstanding217,043,022224,864,791216,871,778222,262,748

PGRE Balance Sheet

2023-09-30
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 improvements6,217,633,0006,177,540,000
Rental property, at cost8,183,870,0008,143,777,000
Accumulated depreciation and amortization(1,427,705,000)(1,297,553,000)
Real estate, net6,756,165,0006,846,224,000
Cash and cash equivalents399,631,000408,905,000
Restricted cash70,892,00040,912,000
Accounts and other receivables14,340,00023,866,000
Real estate related fund investments68,225,000105,369,000
Investments in unconsolidated real estate related funds4,537,0003,411,000
Investments in unconsolidated joint ventures368,024,000393,503,000
Deferred rent receivable347,641,000346,338,000
Deferred charges, net of accumulated amortization of $79,679 and $68,686112,448,000120,685,000
Intangible assets, net of accumulated amortization of $193,626 and $246,72374,391,00090,381,000
Other assets72,265,00073,660,000
Total assets[1]8,288,559,0008,453,254,000
Liabilities and Equity  
Notes and mortgages payable, net of unamortized deferred financing costs of $14,717 and $17,6823,802,333,0003,840,318,000
Revolving credit facility00
Accounts payable and accrued expenses109,471,000123,176,000
Dividends and distributions payable8,357,00018,026,000
Intangible liabilities, net of accumulated amortization of $106,839 and $102,53329,981,00036,193,000
Other liabilities28,452,00024,775,000
Total liabilities[1]3,978,594,0004,042,488,000
Commitments and contingencies
Paramount Group, Inc. equity:  
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 217,353,507 and 216,559,406 shares in 2023 and 2022, respectively2,172,0002,165,000
Additional paid-in-capital4,128,492,0004,186,161,000
Earnings less than distributions(730,777,000)(644,331,000)
Accumulated other comprehensive income29,325,00048,296,000
Paramount Group, Inc. equity3,429,212,0003,592,291,000
Noncontrolling interests in:  
Consolidated joint ventures410,944,000402,118,000
Consolidated real estate related funds162,973,000173,375,000
Operating Partnership (19,429,601 and 14,586,411 units outstanding)306,836,000242,982,000
Total equity4,309,965,0004,410,766,000
Total liabilities and equity$ 8,288,559,000$ 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 September 30, 2023. As of September 30, 2023, the assets and liabilities of the Operating Partnership include $3,933,437 and $2,525,808 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 12, Variable Interest Entities (VIEs).
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.
 CEO
 WEBSITEwww.paramount-group.com
 EMPLOYEES326

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 Wed Dec 06 2023, market cap of Paramount Group Inc is 1.12 Billion. 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. 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 Wed Dec 06 2023, PGRE's PE ratio (Price to Earnings) is -12.18 and Price to Sales (PS) ratio is 1.53. 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.