NYSE:PDM Piedmont Office Realty Trust (PDM) Stock Price, News & Analysis $10.10 -0.23 (-2.23%) (As of 10/28/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Piedmont Office Realty Trust Stock (NYSE:PDM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get PDM alerts:Sign Up Key Stats Today's Range$10.03▼$10.4750-Day Range$9.13▼$11.0852-Week Range$4.91▼$11.11Volume1.04 million shsAverage Volume856,988 shsMarket Capitalization$1.25 billionP/E RatioN/ADividend Yield4.95%Price Target$11.00Consensus RatingBuy Company OverviewPiedmont Office Realty Trust, Inc. (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust ("REIT") with local management offices in each of its markets and is investment-grade rated by Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.Read More… top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (Ad)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… Piedmont Office Realty Trust Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks33rd Percentile Overall ScorePDM MarketRank™: Piedmont Office Realty Trust scored higher than 33% of companies evaluated by MarketBeat, and ranked 802nd out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.5 / 5Analyst RatingBuy Consensus RatingPiedmont Office Realty Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoveragePiedmont Office Realty Trust has only been the subject of 1 research reports in the past 90 days.Read more about Piedmont Office Realty Trust's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth-0.67% Earnings GrowthEarnings for Piedmont Office Realty Trust are expected to decrease by -0.67% in the coming year, from $1.50 to $1.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Piedmont Office Realty Trust is -16.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Piedmont Office Realty Trust is -16.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPiedmont Office Realty Trust has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Piedmont Office Realty Trust's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.37% of the float of Piedmont Office Realty Trust has been sold short.Short Interest Ratio / Days to CoverPiedmont Office Realty Trust has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Piedmont Office Realty Trust has recently increased by 0.35%, indicating that investor sentiment is decreasing. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipPiedmont Office Realty Trust is a leading dividend payer. It pays a dividend yield of 4.84%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPiedmont Office Realty Trust does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Piedmont Office Realty Trust will have a dividend payout ratio of 33.56% next year. This indicates that Piedmont Office Realty Trust will be able to sustain or increase its dividend.Read more about Piedmont Office Realty Trust's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.37% of the float of Piedmont Office Realty Trust has been sold short.Short Interest Ratio / Days to CoverPiedmont Office Realty Trust has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Piedmont Office Realty Trust has recently increased by 0.35%, indicating that investor sentiment is decreasing. News and Social Media3.0 / 5News Sentiment0.48 News SentimentPiedmont Office Realty Trust has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Piedmont Office Realty Trust this week, compared to 2 articles on an average week.Search Interest1 people have searched for PDM on MarketBeat in the last 30 days. MarketBeat Follows4 people have added Piedmont Office Realty Trust to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Piedmont Office Realty Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.29% of the stock of Piedmont Office Realty Trust is held by insiders.Percentage Held by Institutions84.48% of the stock of Piedmont Office Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Piedmont Office Realty Trust's insider trading history. Receive PDM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Piedmont Office Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address PDM Stock News HeadlinesPiedmont Office Realty Trust (NYSE:PDM) Shares Gap Down - Time to Sell?October 27 at 2:19 AM | americanbankingnews.comQ3 2024 Piedmont Office Realty Trust Inc Earnings CallOctober 26 at 5:17 AM | uk.finance.yahoo.comElection warning coming true… If you missed it, my emergency election broadcast is now available - watch it before it's too late.October 29, 2024 | Porter & Company (Ad)Piedmont Office Realty Trust Inc (PDM) Q3 2024 Earnings Call Highlights: Record Leasing Volume ...October 26 at 5:17 AM | finance.yahoo.comQ3 2024 Piedmont Office Realty Trust Inc Earnings Call TranscriptOctober 26 at 1:06 AM | gurufocus.comPiedmont Office Realty Trust Inc (PDM) Q3 2024 Earnings Report Preview: What To ExpectOctober 26 at 12:08 AM | finance.yahoo.comPiedmont Office Realty reports Q3 core FFO 36c, consensus 37cOctober 26 at 12:08 AM | markets.businessinsider.comPiedmont Office Realty Trust Reports Third Quarter 2024 ResultsOctober 24, 2024 | globenewswire.comSee More Headlines PDM Stock Analysis - Frequently Asked Questions How have PDM shares performed this year? Piedmont Office Realty Trust's stock was trading at $7.11 at the start of the year. Since then, PDM shares have increased by 42.0% and is now trading at $10.0950. View the best growth stocks for 2024 here. How were Piedmont Office Realty Trust's earnings last quarter? Piedmont Office Realty Trust, Inc. (NYSE:PDM) released its quarterly earnings results on Thursday, October, 24th. The real estate investment trust reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.46. The real estate investment trust earned $139.29 million during the quarter, compared to the consensus estimate of $143.56 million. Piedmont Office Realty Trust had a negative trailing twelve-month return on equity of 4.61% and a negative net margin of 13.47%. Who are Piedmont Office Realty Trust's major shareholders? Piedmont Office Realty Trust's top institutional investors include SG Americas Securities LLC (0.32%), Swedbank AB (0.28%), Nisa Investment Advisors LLC (0.12%) and Sowa Financial Group Inc. (0.12%). Insiders that own company stock include Robert E Bowers, Edward H Guilbert III, Laura P Moon, Dale H Taysom and Barbara B Lang. View institutional ownership trends. How do I buy shares of Piedmont Office Realty Trust? Shares of PDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Piedmont Office Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Piedmont Office Realty Trust investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM). Company Calendar Ex-Dividend for 9/20 Dividend8/23/2024Dividend Payable9/20/2024Last Earnings10/24/2024Today10/29/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/05/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Nonresidential building operators Sub-IndustryOffice REITs Current SymbolNYSE:PDM CUSIP72019020 CIK1042776 Webwww.piedmontreit.com Phone(770) 418-8800Fax770-418-8900Employees150Year FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$11.00 Low Stock Price Target$11.00 Potential Upside/Downside+9.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.62) Trailing P/E RatioN/A Forward P/E Ratio6.73 P/E GrowthN/ANet Income$-48,390,000.00 Net Margins-13.47% Pretax Margin-13.47% Return on Equity-4.61% Return on Assets-1.89% Debt Debt-to-Equity Ratio1.36 Current Ratio2.22 Quick Ratio2.22 Sales & Book Value Annual Sales$577.76 million Price / Sales2.17 Cash Flow$1.46 per share Price / Cash Flow6.93 Book Value$13.93 per share Price / Book0.72Miscellaneous Outstanding Shares124,000,000Free Float122,400,000Market Cap$1.25 billion OptionableOptionable Beta1.22 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report This page (NYSE:PDM) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredElon Musk Drops Stunning Bombshell?Elon Musk just dropped a BOMBSHELL that could send shockwaves throughout the tech industry… While deliverin...Paradigm Press | SponsoredTrump or Kamala? It may come down to this strange twist…Could this be the key to America's second coming? A strange resurrection born in the hollers of Appalachia? ...Porter & Company | SponsoredGold at $2,600... But This Stock Gives You More for Under $20Gold just soared over $2,600 an ounce. But what if I told you there's a way to get exposure to MORE than an...Monument Traders Alliance | Sponsored625,000% GainThe recent pullback in the crypto markets has left many investors in full-on panic mode, convinced the bull ru...Crypto Swap Profits | Sponsored“Buffett Indicator” Predicts 62% Stock Market CrashThe last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.Behind the Markets | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Piedmont Office Realty Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Piedmont Office Realty Trust With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.