Paramount Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

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Recent Analyst Ratings for
$PGRE

DatePrice TargetRatingAnalyst
3/18/2024$5.00Underperform → In-line
Evercore ISI
11/13/2023$5.00 → $4.00Neutral → Underperform
BofA Securities
3/1/2023$5.50Neutral
BofA Securities
11/23/2022$8.00 → $6.50Overweight → Equal-Weight
Morgan Stanley
11/21/2022$8.00 → $6.50In-line → Underperform
Evercore ISI
10/19/2022Buy → Neutral
BTIG Research
3/1/2022$10.50 → $14.00Overweight
Morgan Stanley
1/20/2022$11.00 → $10.50Neutral → Buy
Mizuho
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  • Paramount Announces Fourth Quarter 2024 Results

    – Initiates Guidance for Full Year 2025 – Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") filed its Annual Report on Form 10-K for the year ended December 31, 2024 today and reported results for the fourth quarter ended December 31, 2024. Fourth Quarter Highlights: Results of Operations: Reported net loss attributable to common stockholders of $38.6 million, or $0.18 per diluted share, for the quarter ended December 31, 2024, compared to $205.6 million, or $0.95 per diluted share, for the quarter ended December 31, 2023. Net loss attributable to common stockholders for the quarter ended December 31, 2024 includes $30.9 million, or $0.14 per diluted share, for our s

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  • Paramount Announces Release Date for Fourth Quarter 2024 Results

    Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and release its fourth quarter 2024 financial results on Thursday, February 27, 2025 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Friday, February 28, 2025 at 10:00 a.m. Eastern Time (ET), during which management will discuss the fourth quarter results and provide commentary on business performance. A question-and-answer session with analysts and investors will follow the prepared remarks. The confere

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  • Paramount Announces Sale of 45% Interest in 900 Third Avenue

    Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property. "We are excited to announce the sale of this non-controlling interest in 900 Third. This transaction underscores the underappreciated value of our assets in the market," said Albert Behler, Chairman, Chief Executive Officer & President of Paramount. "Furthermore, this deal strengthens our balance sheet

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$PGRE
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  • Paramount Expands Board with Appointment of Paula Sutter as an Additional Independent Director

    Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has appointed Paula Sutter to its Board of Directors (the "Board") as an independent director, effective immediately. With the addition of Ms. Sutter, Paramount's Board now comprises ten members, nine of whom are independent. "Paula is a highly experienced business executive who brings added depth and perspective to our Board of Directors," said Albert Behler, Chairman, Chief Executive Officer and President of Paramount Group. "Her appointment is also in keeping with our commitment to increase the number of women on the Board. Paula will be a valuable addition to the Board and we look forward to workin

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  • Paramount Announces Release Date for Fourth Quarter 2024 Results

    Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and release its fourth quarter 2024 financial results on Thursday, February 27, 2025 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Friday, February 28, 2025 at 10:00 a.m. Eastern Time (ET), during which management will discuss the fourth quarter results and provide commentary on business performance. A question-and-answer session with analysts and investors will follow the prepared remarks. The confere

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  • Paramount Announces Sale of 45% Interest in 900 Third Avenue

    Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property. "We are excited to announce the sale of this non-controlling interest in 900 Third. This transaction underscores the underappreciated value of our assets in the market," said Albert Behler, Chairman, Chief Executive Officer & President of Paramount. "Furthermore, this deal strengthens our balance sheet

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  • Paramount Announces Tax Treatment of 2024 Common Stock Dividends

    Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount's dividends. Common Shares (CUSIP #69924R108) Record Date   Payable Date   Total Dividends Per Share     Total Dividends Allocable to 2024     2024 Taxable Ordinary Dividends (1)     Total Capital Gain Distribution     Total Section 1250 Unrecaptured Gain     2024 Non-taxable Dividend (Return of Capital)

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