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
SymbolNYSE:PGRE
CUSIPN/A
Phone212-237-3100
Debt
Debt-to-Equity RatioN/A
Current Ratio0.08
Quick Ratio0.08
Price-To-Earnings
Trailing P/E Ratio17.27
Forward P/E Ratio16.17
P/E Growth5.06
Sales & Book Value
Annual Sales$718.97 million
Price / Sales5.14
Cash Flow$1.4518 per share
Price / Cash10.58
Book Value$20.92 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)$0.89
Net Income$86.38 million
Net Margins12.07%
Return on Equity1.74%
Return on Assets0.99%
Miscellaneous
Employees327
Outstanding Shares240,500,000
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, June 15th. Shareholders of record on Friday, June 29th will be paid a dividend of $0.10 per share on Friday, July 13th. This represents a $0.40 annualized dividend and a yield of 2.60%. The ex-dividend date is Thursday, June 28th. View Paramount Group's Dividend History.
How were Paramount Group's earnings last quarter?
Paramount Group Inc (NYSE:PGRE) released its quarterly earnings data on Wednesday, May, 2nd. The financial services provider reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.00. The financial services provider had revenue of $184.27 million for the quarter, compared to analyst estimates of $180.88 million. Paramount Group had a net margin of 12.07% and a return on equity of 1.74%. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.22 EPS. View Paramount Group's Earnings History.
When is Paramount Group's next earnings date?
What price target have analysts set for PGRE?
3 analysts have issued 12 month target prices for Paramount Group's shares. Their forecasts range from $14.00 to $16.00. On average, they expect Paramount Group's stock price to reach $14.8333 in the next year. View Analyst Ratings for Paramount Group.
Who are some of Paramount Group's key competitors?
Some companies that are related to Paramount Group include Vornado Realty Trust (VNO), Gecina (GECFF), Alexandria Real Estate Equities (ARE), ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Klépierre (KLPEF), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG), UDR (UDR), Iron Mountain (IRM), SL Green Realty (SLG) and Federal Realty Investment Trust (FRT).
Who are Paramount Group's key executives?
Paramount Group's management team includes the folowing people:
- Mr. Albert P. Behler, Chairman, CEO & Pres (Age 66)
- Mr. Wilbur Paes CPA, Exec. VP, CFO, Treasurer & Principal Accounting Officer (Age 41)
- Ms. Jolanta K. Bott, Exec. VP of Operations & HR (Age 66)
- Mr. Daniel A. Lauer, Chief Investment Officer & Exec. VP (Age 56)
- Mr. Peter R.C. Brindley, Exec. VP of Leasing (Age 41)
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.
Has Paramount Group been receiving favorable news coverage?
News headlines about PGRE stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Paramount Group earned a media sentiment score of 0.10 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 47.05 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Paramount Group's major shareholders?
Paramount Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Long Pond Capital LP (6.36%), BlackRock Inc. (6.29%), Duff & Phelps Investment Management Co. (1.35%), Dimensional Fund Advisors LP (1.27%), Schwab Charles Investment Management Inc. (1.06%) and Nuveen Asset Management LLC (0.98%). View Institutional Ownership Trends for Paramount Group.
Which institutional investors are selling Paramount Group stock?
PGRE stock was sold by a variety of institutional investors in the last quarter, including Sei Investments Co., Citigroup Inc., Eagle Asset Management Inc., Duff & Phelps Investment Management Co., Russell Investments Group Ltd., Forward Management LLC, Teacher Retirement System of Texas and Cubist Systematic Strategies LLC. View Insider Buying and Selling for Paramount Group.
Which institutional investors are buying Paramount Group stock?
PGRE stock was purchased by a variety of institutional investors in the last quarter, including Zimmer Partners LP, JPMorgan Chase & Co., Citadel Advisors LLC, Nuveen Asset Management LLC, Long Pond Capital LP, Heitman Real Estate Securities LLC, BlackRock Inc. and Schwab Charles Investment Management 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 $15.37.
How big of a company is Paramount Group?
Paramount Group has a market capitalization of $3.65 billion and generates $718.97 million in revenue each year. The financial services provider earns $86.38 million in net income (profit) each year or $0.89 on an earnings per share basis. Paramount Group employs 327 workers across the globe.
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 (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.
