NYSE
PGRE

Paramount Group Inc

REIT-Office
Real Estate

Prices are adjusted according to historical splits.

Paramount Group Inc Stock Price

Vitals

Today's Low:
$4.9
Today's High:
$5.04
Open Price:
$5
52W Low:
$3.8029
52W High:
$6.7528
Prev. Close:
$5
Volume:
953364

Company Statistics

Market Cap.:
$1.16 billion
Book Value:
16.141
Revenue TTM:
$652.72 million
Operating Margin TTM:
10.63%
Gross Profit TTM:
$408.47 million
Profit Margin:
-13.06%
Return on Assets TTM:
0.51%
Return on Equity TTM:
-2.57%

Company Profile

Paramount Group Inc had its IPO on 2014-11-19 under the ticker symbol PGRE.

The company operates in the Real Estate sector and REIT-Office industry. Paramount Group Inc has a staff strength of 326 employees.

Stock update

Shares of Paramount Group Inc opened at $5 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.9 - $5.04, and closed at $5.

This is a 0% increase from the previous day's closing price.

A total volume of 953,364 shares were traded at the close of the day’s session.

In the last one week, shares of Paramount Group Inc have slipped by -2.53%.

Paramount Group Inc's Key Ratios

Paramount Group Inc has a market cap of $1.16 billion, indicating a price to book ratio of 0.3811 and a price to sales ratio of 1.9698.

In the last 12-months Paramount Group Inc’s revenue was $652.72 million with a gross profit of $408.47 million and an EBITDA of $306.84 million. The EBITDA ratio measures Paramount Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Paramount Group Inc’s operating margin was 10.63% while its return on assets stood at 0.51% with a return of equity of -2.57%.

In Q2, Paramount Group Inc’s quarterly earnings growth was a negative -48.5% while revenue growth was a negative 20.4%.

Paramount Group Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG
0.53

Its diluted EPS in the last 12-months stands at $-0.38 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.53. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Paramount Group Inc’s profitability.

Paramount Group Inc stock is trading at a EV to sales ratio of 6.441 and a EV to EBITDA ratio of 12.3557. Its price to sales ratio in the trailing 12-months stood at 1.9698.

Paramount Group Inc stock pays annual dividends of $0.268 per share, indicating a yield of 5.18% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$8.37 billion
Total Liabilities
$121.64 million
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

Paramount Group Inc ended 2024 with $8.37 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.37 billion while shareholder equity stood at $3.51 billion.

Paramount Group Inc ended 2024 with $0 in deferred long-term liabilities, $121.64 million in other current liabilities, 2172000.00 in common stock, $-714785000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $434.75 million and cash and short-term investments were $434.75 million. The company’s total short-term debt was $0 while long-term debt stood at $3.84 billion.

Paramount Group Inc’s total current assets stands at $867.71 million while long-term investments were $470.55 million and short-term investments were $0. Its net receivables were $360.28 million compared to accounts payable of $113.45 million and inventory worth $0.

In 2024, Paramount Group Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Paramount Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$5
52-Week High
$6.7528
52-Week Low
$3.8029
Analyst Target Price
$5.08

Paramount Group Inc stock is currently trading at $5 per share. It touched a 52-week high of $6.7528 and a 52-week low of $6.7528. Analysts tracking the stock have a 12-month average target price of $5.08.

Its 50-day moving average was $4.95 and 200-day moving average was $5.02 The short ratio stood at 7.27 indicating a short percent outstanding of 0%.

Around 1585.4% of the company’s stock are held by insiders while 7013.6% are held by institutions.

Frequently Asked Questions About Paramount Group Inc

The stock symbol (also called stock or share ticker) of Paramount Group Inc is PGRE

The IPO of Paramount Group Inc took place on 2014-11-19

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About

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.

Address

1633 Broadway, New York, NY, United States, 10019