Paramount Group Stock Today

PGRE Stock  USD 4.65  0.04  0.87%   

Performance

0 of 100

 
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Odds Of Distress

Less than 42

 
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Zero
Below Average
Paramount is trading at 4.65 as of the 18th of March 2024, a 0.87 percent up since the beginning of the trading day. The stock's lowest day price was 4.54. Paramount has about a 42 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 29th of March 2022 and ending today, the 18th of March 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 217.33 M outstanding shares of which 7.63 M shares are at this time shorted by private and institutional investors with about 5.3 trading days to cover. More on Paramount Group

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Paramount Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Paramount's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Paramount or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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
Analysts covering Paramount report their recommendations after researching Paramount's financial statements, talking to executives and customers, or listening in on Paramount's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Paramount Group. The Paramount consensus assessment is calculated by taking the average forecast from all of the analysts covering Paramount.
Financial Strength
Based on the key indicators related to Paramount's liquidity, profitability, solvency, and operating efficiency, Paramount Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Paramount Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.05630.0928
Way Down
Slightly volatile
Gross Profit Margin0.250.2668
Notably Down
Slightly volatile
Net DebtB3.3 B
Moderately Down
Slightly volatile
Total Current Liabilities165.7 M122.8 M
Significantly Up
Slightly volatile
Non Current Liabilities Total3.6 B3.9 B
Significantly Down
Slightly volatile
Total Assets8.4 BB
Notably Up
Slightly volatile
Total Current Assets677.8 M878.9 M
Significantly Down
Slightly volatile
Paramount's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Paramount's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Paramount's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Paramount deploys its capital and how much of that capital is borrowed.
Liquidity
Paramount cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.83 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. Debt can assist Paramount until it has trouble settling it off, either with new capital or with free cash flow. So, Paramount's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Paramount Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paramount to invest in growth at high rates of return. When we think about Paramount's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

186.2 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 1.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount's market, we take the total number of its shares issued and multiply it by Paramount's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Paramount Group conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 217.33 M outstanding shares of which 7.63 M shares are at this time shorted by private and institutional investors with about 5.3 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 Group has a total of 217.33 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. Consequently, these institutions are subject to different rules and regulations than regular investors in Paramount. Please watch out for any change in the institutional holdings of Paramount Group as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Paramount Ownership Details

Paramount Stock Price Odds Analysis

What are Paramount's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Paramount jumping above the current price in 90 days from now is about 72.78%. The Paramount Group probability density function shows the probability of Paramount stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.0159 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Paramount will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Paramount Group is significantly underperforming NYSE Composite.
  Odds Below 4.65HorizonTargetOdds Above 4.65
27.07%90 days
 4.65 
72.78%
Based on a normal probability distribution, the odds of Paramount to move above the current price in 90 days from now is about 72.78 (This Paramount Group probability density function shows the probability of Paramount Stock to fall within a particular range of prices over 90 days) .

Paramount Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Paramount that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Paramount's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Paramount's value.
InstituionRecorded OnShares
Centersquare Investment Management Llc2023-12-31
2.9 M
Dimensional Fund Advisors, Inc.2023-12-31
2.3 M
Northern Trust Corp2023-12-31
2.2 M
Rush Island Management, Lp2023-09-30
1.8 M
Hbk Investments L P2023-12-31
1.8 M
Arrowstreet Capital Limited Partnership2023-12-31
1.5 M
Jpmorgan Chase & Co2023-12-31
1.5 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.4 M
Presima Inc.2023-12-31
1.2 M
Blackrock Inc2023-12-31
30.7 M
Vanguard Group Inc2023-12-31
25.6 M
View Paramount Diagnostics

Paramount Historical Income Statement

Paramount Group Income Statement is one of the three primary financial statements used for reporting Paramount's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Paramount Group revenue and expense. Paramount Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Paramount's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 571.8 M, whereas Interest Expense is forecasted to decline to about 121 M. View More Fundamentals

Paramount Stock Against Markets

Picking the right benchmark for Paramount stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Paramount stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Paramount is critical whether you are bullish or bearish towards Paramount Group at a given time. Please also check how Paramount's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Paramount without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Paramount Corporate Directors

Paramount corporate directors refer to members of a Paramount board of directors. The board of directors generally takes responsibility for the Paramount's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Paramount's board members must vote for the resolution. The Paramount board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dan EmmettIndependent DirectorProfile
David OConnorIndependent DirectorProfile
Thomas ArmbrustIndependent DirectorProfile
Peter LinnemanIndependent DirectorProfile

How to buy Paramount Stock?

Before investing in Paramount, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Paramount. To buy Paramount stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Paramount. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Paramount stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Paramount Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Paramount Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Paramount Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Paramount Stock please use our How to Invest in Paramount guide.

Already Invested in Paramount Group?

The danger of trading Paramount Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Paramount is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Paramount. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Paramount Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Paramount's price analysis, check to measure Paramount's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount is operating at the current time. Most of Paramount's value examination focuses on studying past and present price action to predict the probability of Paramount's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount's price. Additionally, you may evaluate how the addition of Paramount to your portfolios can decrease your overall portfolio volatility.
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Is Paramount's industry 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
(0.48)
Dividend Share
0.183
Earnings Share
(1.20)
Revenue Per Share
2.174
Quarterly Revenue Growth
0.291
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.