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, Washington, D.C. 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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone212-237-3100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$758.96 million
Profitability
Miscellaneous
Employees321
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
Paramount Group (NYSE:PGRE) Frequently Asked Questions
What is Paramount Group's stock symbol?
Paramount Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGRE."
How often does Paramount Group pay dividends? What is the dividend yield for Paramount Group?
Paramount Group announced a quarterly dividend on Friday, March 15th. Investors of record on Friday, March 29th will be given a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Thursday, March 28th. View Paramount Group's Dividend History.
How were Paramount Group's earnings last quarter?
Paramount Group Inc (NYSE:PGRE) issued its quarterly earnings results on Wednesday, February, 13th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.21. The financial services provider earned $190.68 million during the quarter, compared to analyst estimates of $186.53 million. Paramount Group had a net margin of 1.21% and a return on equity of 0.18%. The company's revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.22 earnings per share. View Paramount Group's Earnings History.
When is Paramount Group's next earnings date?
What guidance has Paramount Group issued on next quarter's earnings?
Paramount Group updated its FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share guidance of $0.88-0.92 for the period, compared to the Thomson Reuters consensus estimate of $0.98.
What price target have analysts set for PGRE?
3 analysts have issued 12 month price objectives for Paramount Group's shares. Their predictions range from $14.46 to $21.00. On average, they anticipate Paramount Group's share price to reach $17.73 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for Paramount Group.
What is the consensus analysts' recommendation for Paramount Group?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paramount Group.
Has Paramount Group been receiving favorable news coverage?
Media stories about PGRE stock have trended positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Paramount Group earned a daily sentiment score of 2.2 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term.
Who are some of Paramount Group's key competitors?
Some companies that are related to Paramount Group include WP Carey (WPC), Vornado Realty Trust (VNO), Extra Space Storage (EXR), UDR (UDR), Mid-America Apartment Communities (MAA), SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Regency Centers (REG), Duke Realty (DRE), Gecina (GECFF), Equity Lifestyle Properties (ELS), Sun Communities (SUI), Iron Mountain (IRM), Federal Realty Investment Trust (FRT) and AGNC Investment (AGNC).
What other stocks do shareholders of Paramount Group own?
Who are Paramount Group's key executives?
Paramount Group's management team includes the folowing people:
- Mr. Albert P. Behler, Chairman, CEO & Pres (Age 67)
- Mr. Wilbur Paes CPA, Exec. VP, CFO & Treasurer (Age 42)
- Mr. Peter R.C. Brindley, Exec. VP of Leasing (Age 42)
- Mr. Christopher Brandt, VP, Investor Relations
- Mr. Gage Johnson, Sr. VP, Gen. Counsel & Sec. (Age 57)
When did Paramount Group IPO?
(PGRE) raised $2.3 billion in an initial public offering (IPO) on Wednesday, November 19th 2014. The company issued 131,000,000 shares at $16.00-$19.00 per share. BofA Merrill Lynch, Morgan Stanley, Wells Fargo Securities and Deutsche Bank Securities acted as the underwriters for the IPO and Citigroup, Credit Suisse, Goldman Sachs, J.P. Morgan, RBC Capital Markets and UBS Investment Bank were co-managers.
Who are Paramount Group's major shareholders?
Paramount Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Norges Bank (8.41%), BlackRock Inc. (6.68%), Presima Inc. (1.80%), Dimensional Fund Advisors LP (1.41%), Dimensional Fund Advisors LP (1.44%) and Duff & Phelps Investment Management Co. (1.14%). View Institutional Ownership Trends for Paramount Group.
Which major investors are selling Paramount Group stock?
PGRE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Duff & Phelps Investment Management Co., Bank of America Corp DE, Two Sigma Investments LP, Nuveen Asset Management LLC, Thrivent Financial for Lutherans, New York State Common Retirement Fund and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Paramount Group.
Which major investors are buying Paramount Group stock?
PGRE stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, D. E. Shaw & Co. Inc., Hill Winds Capital LP, Squarepoint Ops LLC, Barclays PLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Citigroup Inc.. View Insider Buying and Selling for Paramount Group.
How do I buy shares of Paramount Group?
Shares of PGRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Paramount Group's stock price today?
One share of PGRE stock can currently be purchased for approximately $14.22.
How big of a company is Paramount Group?
Paramount Group has a market capitalization of $3.32 billion and generates $758.96 million in revenue each year. The financial services provider earns $9.14 million in net income (profit) each year or $0.96 on an earnings per share basis. Paramount Group employs 321 workers across the globe.
What is Paramount Group's official website?
How can I contact Paramount Group?
Paramount Group's mailing address is 1633 BROADWAY SUITE 1801, NEW YORK NY, 10019. The financial services provider can be reached via phone at 212-237-3100 or via email at [email protected]
MarketBeat Community Rating for Paramount Group (NYSE PGRE)
MarketBeat's community ratings are surveys of what our community members think about Paramount Group and other stocks. Vote "Outperform" if you believe PGRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PGRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
