PGRE - Paramount Group, Inc.
| Previous Close | 13.55 |
| Open | 13.61 |
| Bid | 13.52 x 1100 |
| Ask | 13.61 x 3200 |
| Day's Range | 13.41 - 13.63 |
| 52 Week Range | 12.18 - 15.11 |
| Volume | 1406473 |
| Avg. Volume | 1,661,669 |
| Market Cap | 3.1B |
| Beta (5Y Monthly) | 0.78 |
| PE Ratio (TTM) | 171.65 |
| EPS (TTM) | 0.08 |
| Earnings Date | Feb 11, 2020 - Feb 17, 2020 |
| Forward Dividend & Yield | 0.40 (2.91%) |
| Ex-Dividend Date | 2019-09-27 |
| 1y Target Est | 16.14 |
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Paramount Group Inc (PGRE)
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
- Business Wire
Paramount Declares Regular Quarterly Dividend
Paramount Group, Inc. (NYSE: PGRE) ("Paramount") announced today that its board of directors has declared a regular quarterly cash dividend of $0.10 per share of common stock for the period from October 1, 2019 to December 31, 2019. The dividend will be payable on January 15, 2020 to stockholders of record as of the close of business on December 31, 2019.
- Business Wire
Paramount Completes Acquistion of Market Center
Paramount Group, Inc. (NYSE: PGRE) ("Paramount" or the "Company") today announced that it has completed the previously announced acquisition of Market Center, a two-building Class A office complex consisting of 555 Market Street and 575 Market Street in San Francisco, through a joint venture in which Paramount owns a 67.0% interest. The transaction valued the property at approximately $722.0 million, or $959 per square foot. In connection with the acquisition, the joint venture completed a $402.0 million financing of the property for an initial term of five years, with two one-year extension options. The loan is interest only at LIBOR plus 150 basis points and was swapped for an all-in fixed rate of 3.07% over the initial term.
- Thomson Reuters StreetEvents
Edited Transcript of PGRE earnings conference call or presentation 7-Nov-19 3:00pm GMT
Q3 2019 Paramount Group Inc Earnings Call
- Business Wire
Paramount Completes $1.25 Billion Refinancing of 1633 Broadway Realizing $179 Million of Net Proceeds
The proceeds from the refinancing were used to repay the existing $1.05 billion loan that bore interest at a weighted average rate of 3.55% and was scheduled to mature in December 2022. The Company realized net proceeds of approximately $179 million after the repayment of the existing loan, swap breakage costs and closing costs. “With the office portion of 1633 Broadway now 100% leased, we took advantage of attractive credit markets to capitalize on our recent leasing success, improve the Company’s debt maturity profile and increase our financial flexibility,” said Wilbur Paes, Executive Vice President, Chief Financial Officer and Treasurer of Paramount.
- American City Business Journals
$722M Market Center deal will close by the end of the year
Paramount's purchase of the 753,000-square-foot complex is one of the biggest single sales in San Francisco history.
- American City Business Journals
A sneak peek into One Steuart Lane, downtown San Francisco's only waterfront condos under construction
The homes will have to hit the market at upwards of $2,500 per square foot for the developers to make money.
- PR Newswire
One Steuart Lane Releases First Look Inside San Francisco's Preeminent New Waterfront Tower
SAN FRANCISCO, Nov. 7, 2019 /PRNewswire/ -- Paramount Group, Inc. (PGRE), and SRE Group Ltd unveiled today the first glimpse of what promises to be San Francisco's most elegant waterfront community, One Steuart Lane, revealing exclusive residences and private outdoor living spaces that will usher in the final opportunity for homeownership along San Francisco's prized Embarcadero. The new images offer a sensational visual walkthrough of the striking interiors by iconic brands Molteni Group and Liaigre and an immaculately-appointed amenity collection designed by the world-renowned architecture firm Skidmore, Owings & Merrill (SOM), alongside amenity-space interiors by Rottet Studio.
- Zacks
Paramount Group (PGRE) Beats Q3 FFO and Revenue Estimates
Paramount Group (PGRE) delivered FFO and revenue surprises of 4.17% and 1.27%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Zacks
CBRE Group (CBRE) to Post Q3 Earnings: What's in the Cards?
Though CBRE Group (CBRE) Q3 results will likely reflect benefits from improving occupier outsourcing business and strategic acquisitions, softer investment volumes are a concern.
- Zacks
What to Expect From Americold (COLD) This Earnings Season?
Americold's (COLD) Q3 performance likely to reflect steady demand for its properties, driven by consumption growth, favorable industry trends and productivity-improvement benefits.
- Zacks
Omega Healthcare (OHI) to Post Q3 Earnings: What's in Store?
Though Omega Healthcare (OHI) will likely reflect record top-line growth in Q3, tenant credit headwinds and low Medicaid rates in Texas might have impeded any robust growth.
- Zacks
Key Factors to Impact JLL's Performance This Earnings Season
Jones Lang LaSalle's (JLL) Q3 results to reflect strength across its global regions and rising trend of outsourcing of real estate needs, though softer investment volumes remain a concern.
- Zacks
Key Factors to Impact Arbor Realty's (ABR) Q3 Earnings
Arbor Realty Trust's (ABR) Q3 performance likely to reflect the stable earnings power of agency business and growth in its loan business amid competitive lending market.
- Insider Monkey
Do Hedge Funds Love Paramount Group Inc (PGRE)?
We can judge whether Paramount Group Inc (NYSE:PGRE) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best […]
- Business Wire
Paramount Announces Release Date for Third Quarter 2019 Results
Paramount Group, Inc. (PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2019 with the U.S. Securities and Exchange Commission and release its third quarter 2019 financial results on Wednesday, November 6, 2019 after the end of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, November 7, 2019 at 10:00 a.m. Eastern Time (ET), during which management will discuss the third quarter results and provide commentary on business performance. A live audio webcast of the conference call will be available through the “Investors” section of the Company’s website, www.paramount-group.com.
- Simply Wall St.
Interested In Paramount Group, Inc. (NYSE:PGRE)’s Upcoming 0.8% Dividend? You Have 4 Days Left
Readers hoping to buy Paramount Group, Inc. (NYSE:PGRE) for its dividend will need to make their move shortly, as the...
- Simply Wall St.
Does Paramount Group, Inc.'s (NYSE:PGRE) CEO Salary Reflect Performance?
In 2014 Albert Behler was appointed CEO of Paramount Group, Inc. (NYSE:PGRE). First, this article will compare CEO...
- Thomson Reuters StreetEvents
Edited Transcript of PGRE earnings conference call or presentation 1-Aug-19 2:00pm GMT
Q2 2019 Paramount Group Inc Earnings Call
- Zacks
Paramount Sees Hammer Chart Pattern: Time to Buy?
Paramount Group has been struggling lately, but the selling pressure may be coming to an end soon.
