PGRE Stock Overview
Paramount Group, Inc. ("Paramount" or the "Company") 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 and San Francisco.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Paramount Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.62 |
| 52 Week High | US$5.92 |
| 52 Week Low | US$4.06 |
| Beta | 1.24 |
| 1 Month Change | 4.05% |
| 3 Month Change | -8.33% |
| 1 Year Change | 8.96% |
| 3 Year Change | -55.92% |
| 5 Year Change | -68.12% |
| Change since IPO | -74.59% |
Recent News & Updates
Recent updates
Paramount Group: Blue Chip Tenants And Rock Bottom Valuation
Mar 01Paramount Group: Pull The Plug
Nov 16Paramount Group: Upcoming Debt Maturity Wall Could Mean More Downside
Aug 21Paramount FFO of $0.25 beats by $0.01, revenue of $184.03M misses by $2.58M, guidance in-line
Feb 15Paramount declares $0.0775 dividend
Dec 15Paramount FFO of $0.24 in-line, revenue of $187.15M beats by $2.17M
Oct 26Paramount Group: A Concentrated Portfolio Of Class A Office Buildings
Oct 03Paramount declares $0.0775 dividend
Sep 15Paramount Q2 FFO, revenue up, raises FY22 core FFO guidance
Jul 26Paramount Group: Nothing Special Here
Jun 12Paramount declares $0.07 dividend
Jun 15Shareholder Returns
| PGRE | US Office REITs | US Market | |
|---|---|---|---|
| 7D | 3.8% | 2.8% | 1.0% |
| 1Y | 9.0% | 9.4% | 21.9% |
Return vs Industry: PGRE underperformed the US Office REITs industry which returned 13.5% over the past year.
Return vs Market: PGRE underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| PGRE volatility | |
|---|---|
| PGRE Average Weekly Movement | 5.1% |
| Office REITs Industry Average Movement | 5.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PGRE has not had significant price volatility in the past 3 months.
Volatility Over Time: PGRE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 329 | Albert Paul Behler | www.paramount-group.com |
Paramount Group, Inc. ("Paramount" or the "Company") 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 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.
Paramount Group, Inc. Fundamentals Summary
| PGRE fundamental statistics | |
|---|---|
| Market cap | US$1.10b |
| Earnings (TTM) | -US$259.79m |
| Revenue (TTM) | US$471.67m |
2.1x
P/S Ratio-3.9x
P/E RatioIs PGRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PGRE income statement (TTM) | |
|---|---|
| Revenue | US$471.67m |
| Cost of Revenue | US$293.97m |
| Gross Profit | US$177.70m |
| Other Expenses | US$437.50m |
| Earnings | -US$259.79m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | -1.20 |
| Gross Margin | 37.68% |
| Net Profit Margin | -55.08% |
| Debt/Equity Ratio | 94.7% |
How did PGRE perform over the long term?
See historical performance and comparison