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Paramount Group Inc

PGRE.N

Latest Trade

13.14USD

Change

-0.03(-0.23%)

Volume

97,697

Today's Range

13.04

 - 

13.20

52 Week Range

12.19

 - 

15.69

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
13.17
Open
13.19
Volume
97,697
3M AVG Volume
26.75
Today's High
13.20
Today's Low
13.04
52 Week High
15.69
52 Week Low
12.19
Shares Out (MIL)
234.11
Market Cap (MIL)
3,113.69
Forward P/E
156.47
Dividend (Yield %)
3.01

Next Event

Dividend For PGRE.N - 0.1000 USD

Latest Developments

More

Paramount Acquires 44% Interest In 55 Second Street

Paramount Group Reports Q2 FFO Per Share Of $0.23

Paramount To Acquire 55 Second Street For About $408 Million

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About Paramount Group Inc

Paramount Group, Inc. is a fully-integrated real estate investment trust (REIT) focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City, Washington, District of Columbia (D.C.) and San Francisco. The Company conducts its business through, and substantially all its interests in properties and investments are held by, Paramount Group Operating Partnership LP (the Operating Partnership). The Company's segments include New York, Washington, D.C. and San Francisco. As of December 31, 2016, the Company's portfolio consisted of 13 Class A office properties aggregating approximately 10.8 million square feet that was 93.3% leased and 90.9% occupied. The Company also has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals.

Industry

Investment Services

Contact Info

1633 Broadway Ste 1801

+1.212.2373100

http://www.paramount-group.com/

Executive Leadership

Albert Behler

Chairman of the Board, President, Chief Executive Officer

Wilbur N. Paes

Chief Financial Officer, Executive Vice President, Treasurer

Peter Brindley

Executive Vice President, Leasing.

David Zobel

Executive Vice President - Head of Acquisitions

Gage R. Johnson

Senior Vice President, General Counsel, Secretary

Key Stats

2.43 mean rating - 7 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.7K

2017

0.7K

2018

0.8K

2019(E)

0.8K
EPS (USD)

2016

-0.050

2017

0.370

2018

0.100

2019(E)

0.085
Price To Earnings (TTM)
64.98
Price To Sales (TTM)
4.08
Price To Book (MRQ)
0.79
Price To Cash Flow (TTM)
9.76
Total Debt To Equity (MRQ)
94.71
LT Debt To Equity (MRQ)
94.71
Return on Investment (TTM)
0.83
Return on Equity (TTM)
0.73

Latest News

BRIEF-Paramount Q1 FFO Per Share $0.22

* SAME STORE CASH NOI INCREASED BY $11.0 MILLION, OR 15.2%, TO $83.8 MILLION FOR QUARTER ENDED MARCH 31, 2018

BRIEF-Paramount Group Says CEO Behler's 2017 Compensation Was $10.5 Mln

* PARAMOUNT GROUP INC - CEO ALBERT BEHLER'S 2017 TOTAL COMPENSATION WAS $10.5 MLN - SEC FILING Source text - https://bit.ly/2HeYIN2 Further company coverage:

BRIEF-Paramount Increases Regular Quarterly Dividend By 5.3%

* PARAMOUNT GROUP INC - BOARD DECLARED REGULAR QUARTERLY CASH DIVIDEND OF $0.10 PER SHARE OF COMMON STOCK FOR PERIOD FROM JAN 1, 2018 TO MARCH 31, 2018 Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

BRIEF-Paramount Q4 FFO Per Share $0.20

* SAYS COMPANY ESTIMATES 2018 CORE FFO TO BE BETWEEN $0.92 AND $0.96 PER DILUTED SHARE. Source text for Eikon: Further company coverage:

BRIEF-Paramount Extends Revolving Credit Facility From Nov 2018 To Jan 2022

* PARAMOUNT GROUP - OPERATING PARTNERSHIP, PARAMOUNT GROUP OPERATING PARTNERSHIP LP, EXTENDED ITS REVOLVING CREDIT FACILITY FROM NOV 2018 TO JAN 2022

BRIEF-Paramount Appoints Peter Brindley As Executive Vice President, Leasing

* PARAMOUNT APPOINTS PETER BRINDLEY AS EXECUTIVE VICE PRESIDENT, LEASING Source text for Eikon: Further company coverage:

BRIEF-Paramount Group posts Q3 FFO of $0.18 per share

* Narrowing its estimated core FFO guidance for 2017 to be between $0.88 and $0.90 per diluted share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

BRIEF-Paramount Q2 FFO per share $0.27

* Paramount Group - Q2 core FFO per share $0.23 ; sees 2017 net income attributable to common stockholders will be between $0.41 and $0.45 per diluted share

BRIEF-Paramount Group sets regular quarterly cash dividend of $0.095per share

* Sets regular quarterly cash dividend of $0.095per share Source text for Eikon: Further company coverage:

BRIEF-Paramount Group says CEO Albert Behler's total compensation for 2016 was $10.6 mln vs $4.3 mln in 2015 - SEC filing

* Paramount Group Inc - CEO Albert Behler's total compensation for 2016 was $10.6 million versus $4.3 million in 2015 - SEC filing Source text: (http://bit.ly/2oRFhQq) Further company coverage:

BRIEF-Paramount Group sets quarterly cash dividend of $0.095 per share

* Sets regular quarterly cash dividend of $0.095per share Source text for Eikon: Further company coverage:

BRIEF-Paramount to sell Waterview for $460 million

* Says sale will result in a financial statement gain of approximately $110 million and a tax gain of approximately $393 million Source text for Eikon: Further company coverage:

GIC leads $1.04 bln investment in office tower in downtown Manhattan

Singapore sovereign wealth fund GIC Pte Ltd and Paramount Group have formed a joint venture to acquire office tower "60 Wall Street" in downtown Manhattan for $1.04 billion.

BRIEF-GIC AND PARAMOUNT FORM JOINT VENTURE AND ACQUIRE 60 WALL STREET

* GIC AND PARAMOUNT FORM JOINT VENTURE AND ACQUIRE 60 WALL STREET

BRIEF-Paramount completes $975 million refinancing of One Market Plaza

* Paramount completes $975 million refinancing of One Market Plaza

BRIEF-Paramount Group Q3 FFO per share $0.23

* Paramount Group Inc- Is raising and narrowing estimated core FFO guidance for 2016 to a range of $0.84 to $0.86 per diluted share

BRIEF-Paramount completes $850 mln financing of 1301 avenue of the Americas

* Paramount completes $850 million financing of 1301 avenue of the Americas Source text for Eikon: Further company coverage:

BRIEF-Paramount Group to buy office space in San Francisco

* Considering various strategic options, including bringing in a joint venture partner at property or selling an asset within portfolio Source text for Eikon: Further company coverage:

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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