PGRE News and Press, Paramount Group Inc. From 05/11/23

2023-05-11 10:00:00 ET Summary After covering the Winners of REIT Earnings Season earlier this week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports ...

2023-05-11 03:36:43 ET Summary Paramount Group owns and operates Class-A office properties in key submarkets in New York City and San Francisco. In a previous update, I cited concerns regarding their tenant concentration to First Republic Bank, which has since been sold to JPMorga...

2023-05-07 11:23:01 ET Paramount Group, Inc. (PGRE) Q1 2023 Earnings Conference Call May 4, 2023 10:00 ET Company Participants Tom Hennessy - Investor Relations Albert Behler - Chairman, Chief Executive Officer and President Wilbur Paes - Chief Operating Officer,...

2023-05-07 09:00:00 ET Summary U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since earl...

2023-05-03 16:27:28 ET Paramount press release ( NYSE: PGRE ): Q1 FFO of $0.26 beats by $0.03 . Revenue of $188.47M (+2.6% Y/Y) beats by $7.25M . For further details see: Paramount FFO of $0.26 beats by $0.03, revenue of $188.47M beats by $7.25M

– Raises Guidance for Full Year 2023 – Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 today and reported results for the first quarter ended Marc...

2023-05-01 08:23:58 ET Summary Vornado recently suspended its dividend after paying a consistently high dividend for 30 years. 28 office REIT dividends were evaluated for safety based on yield, coverage ratios, and price/book value. I recommend investors who own office REITs r...

2023-05-01 03:48:08 ET Storm clouds are brewing for the U.S. commercial property market, according to Berkshire Hathaway ( NYSE: BRK.A ) ( NYSE: BRK.B ) Vice Chairman Charlie Munger, who warned of a potential crash amid trouble in the U.S. financial system. "It's not nea...

2023-04-26 00:15:28 ET Summary After bringing you the first quarter installment covering large-cap and mid-cap insider activity, today's article will focus on the latest insider activity within the small-cap range. We believe that insiders supply the market with high-quality infor...

2023-04-25 09:00:00 ET Summary Shares of VNO look undervalued as they trade at -35.29% tangible book value. VNO looks to be in a strong liquidity position and has managed its debt well, which mitigates the impacts of rising interest rates on its portfolio. VNO looks to trade a...