Paramount Group Stock Today

PGRE Stock  USD 4.89  0.01  0.20%   

Performance

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Odds Of Distress

Less than 43

 
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Paramount is trading at 4.89 as of the 28th of November 2024, a 0.20 percent increase since the beginning of the trading day. The stock's lowest day price was 4.89. Paramount has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Paramount Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
19th of November 2014
Category
Real Estate
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. The company has 217.52 M outstanding shares of which 2.68 M shares are at this time shorted by private and institutional investors with about 2.76 trading days to cover. More on Paramount Group

Paramount Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanAlbert Behler
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Real Estate, Diversified REITs, REIT—Office, Real Estate (View all Sectors)
Average Analyst Recommendation
Debt Levels
Paramount can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Paramount's financial leverage. It provides some insight into what part of Paramount's total assets is financed by creditors.
Liquidity
Paramount Group currently holds 3.8 B in liabilities with Debt to Equity (D/E) ratio of 0.87, which is about average as compared to similar companies. Paramount Group has a current ratio of 5.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Paramount's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

291.75 Million
Paramount Group (PGRE) is traded on New York Stock Exchange in USA. It is located in 1633 Broadway, New York, NY, United States, 10019-6748 and employs 329 people. Paramount is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.16 B. Paramount Group conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 217.52 M outstanding shares of which 2.68 M shares are at this time shorted by private and institutional investors with about 2.76 trading days to cover. Paramount Group currently holds about 510.83 M in cash with 277.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.32.
Check Paramount Probability Of Bankruptcy
Ownership Allocation
Paramount owns a total of 217.52 Million outstanding shares. Over half of Paramount's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Paramount Ownership Details

Paramount Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
2.3 M
Arrowstreet Capital Limited Partnership2024-06-30
2.3 M
Jpmorgan Chase & Co2024-06-30
2.1 M
Northern Trust Corp2024-09-30
2.1 M
Nuveen Asset Management, Llc2024-06-30
1.4 M
Ubs Asset Mgmt Americas Inc2024-09-30
1.4 M
Bank Of America Corp2024-06-30
1.3 M
Prudential Financial Inc2024-09-30
1.2 M
Goldman Sachs Group Inc2024-06-30
1.1 M
Blackrock Inc2024-06-30
31.1 M
Vanguard Group Inc2024-09-30
26.4 M
View Paramount Diagnostics

Paramount Historical Income Statement

At present, Paramount's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 148.5 M, whereas Selling General Administrative is forecasted to decline to about 47 M. View More Fundamentals

Paramount Stock Against Markets

Paramount Corporate Directors

Thomas ArmbrustIndependent DirectorProfile
Katharina OttoBernsteinIndependent DirectorProfile
Karin KleinIndependent DirectorProfile
Peter LinnemanIndependent DirectorProfile
When determining whether Paramount Group is a strong investment it is important to analyze Paramount's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.753
Dividend Share
0.105
Earnings Share
(0.99)
Revenue Per Share
2.549
Quarterly Revenue Growth
0.217
The market value of Paramount Group is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount's value that differs from its market value or its book value, called intrinsic value, which is Paramount's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount's market value can be influenced by many factors that don't directly affect Paramount's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.