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PARAMOUNT GROUP, INC. - PGRE STOCK NEWS

Welcome to our dedicated news page for PARAMOUNT GROUP (Ticker: PGRE), a resource for investors and traders seeking the latest updates and insights on PARAMOUNT GROUP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PARAMOUNT GROUP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PARAMOUNT GROUP's position in the market.

Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) achieved a 5 Star rating in the 2023 GRESB Real Estate Assessment, maintaining the highest GRESB rating for the fifth consecutive year. The company outperformed the GRESB peer score by 6% and the GRESB average score by 18%. Paramount also achieved the highest Public Disclosure level of an 'A,' surpassing the GRESB global average score of a 'B.'
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
Tags
none
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Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) reported a net loss of $8.4 million for Q3 2023, compared to $1.5 million in Q3 2022. Core FFO was $47.8 million, down from $54.2 million in the previous year. The company updated its full-year 2023 earnings guidance, with an estimated net loss of $0.33 to $0.31 per diluted share and Core FFO of $0.85 to $0.87 per diluted share. Same Store Cash NOI decreased by 7.1% and Same Store NOI decreased by 10.3% in Q3 2023. The company completed a $232.0 million refinancing of a San Francisco office building and declared a cash dividend of $0.035 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.39%
Tags
-
Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) will release its Q3 2023 financial results on November 1, 2023. The company will host a conference call on November 2, 2023 to discuss the results and business performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
Rhea-AI Summary
Paramount Group, Inc. declares a regular quarterly cash dividend of $0.035 per share of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.44%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.23%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) has declared a reduced quarterly cash dividend of $0.035 per share of common stock, resulting in an indicated annual rate of $0.14 per share. The reduced dividend will enable Paramount to retain an additional $40 million of cash annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
dividends
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
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none
PARAMOUNT GROUP, INC.

NYSE:PGRE

PGRE Rankings

PGRE Stock Data

1.00B
182.75M
15.91%
67.93%
3.91%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
NEW YORK

About PGRE

paramount real estate group is a real estate company located in 10 pickney colony office park, bluffton, south carolina, united states.