Piedmont Realty Trust (PDM) Stock Price, News & Analysis

Company Overview

Piedmont 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.

Key Stats

• Today's Range: $7.50 to $7.61
• 50-Day Range: $5.76 to $7.80
• 52-Week Range: $5.46 to $11.12
• Volume: 775,157 shs
• Average Volume: 903,660 shs
• Market Capitalization: $938.05 million
• P/E Ratio: N/A
• Dividend Yield: 6.63%
• Price Target: $8.67
• Consensus Rating: Hold

Piedmont Realty Trust Stock Analysis - MarketRank™

Piedmont Realty Trust scored higher than 74% of companies evaluated by MarketBeat, and ranked 1135th out of 2,763 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Piedmont Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Piedmont Realty Trust has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.13%

Earnings Growth

Earnings for Piedmont Realty Trust are expected to grow by 2.13% in the coming year, from $1.41 to $1.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Piedmont Realty Trust is -15.39, 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. Sector

The P/E ratio of Piedmont Realty Trust is -15.39, 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 Ratio

Piedmont Realty Trust has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.01% of the float of Piedmont Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Piedmont Realty Trust has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Piedmont Realty Trust has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Piedmont Realty Trust is a leading dividend payer. It pays a dividend yield of 6.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Piedmont Realty Trust has only been increasing its dividend for 1 years.

Dividend Sustainability

Based on earnings estimates, Piedmont Realty Trust will have a dividend payout ratio of 34.72% next year. This indicates that Piedmont Realty Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.01% of the float of Piedmont Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Piedmont Realty Trust has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Piedmont Realty Trust has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: N/A

News Sentiment

Piedmont Realty Trust has a news sentiment score of 1.53. 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 is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

MarketBeat Follows

Only 1 people have added Piedmont Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Piedmont Realty Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,258.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.29% of the stock of Piedmont Realty Trust is held by insiders.

Percentage Held by Institutions

84.48% of the stock of Piedmont Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PDM Stock Analysis - Frequently Asked Questions

How have PDM shares performed this year?

Piedmont Realty Trust's stock was trading at $9.15 on January 1st, 2025. Since then, PDM stock has decreased by 17.6% and is now trading at $7.54.

How were Piedmont Realty Trust's earnings last quarter?

Piedmont Realty Trust, Inc. (NYSE:PDM) released its quarterly earnings results on Monday, April, 28th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. The business's revenue for the quarter was down 1.3% compared to the same quarter last year.
Read the conference call transcript.

How do I buy shares of Piedmont 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.

What other stocks do shareholders of Piedmont Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Piedmont Realty Trust investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AU Optronics (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 4/28/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Office REITs
• Current Symbol: NYSE:PDM
• CIK: 1042776
• Web: www.piedmontreit.com
• Phone: (770) 418-8800
• Fax: 770-418-8900
• Employees: 150
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.67
• High Stock Price Target: $9.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +14.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.49)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.35
• P/E Growth: N/A
• Net Income: -$79.06 million
• Net Margins: -10.80%
• Pretax Margin: -10.72%
• Return on Equity: -3.82%
• Return on Assets: -1.50%

Debt

• Debt-to-Equity Ratio: 1.40
• Current Ratio: 1.79
• Quick Ratio: 1.79

Sales & Book Value

• Annual Sales: $570.32 million
• Price / Sales: 1.64
• Cash Flow: $1.21 per share
• Price / Cash Flow: 6.22
• Book Value: $12.81 per share
• Price / Book: 0.59

Miscellaneous

• Outstanding Shares: 124,410,000
• Free Float: 122,803,000
• Market Cap: $938.05 million
• Optionable: Optionable
• Beta: 1.43