NYSE:PDM Piedmont Office Realty Trust (PDM) Stock Price, News & Analysis $8.74 +0.38 (+4.54%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$8.48▼$8.7850-Day Range$6.86▼$8.7552-Week Range$4.91▼$8.78Volume785,497 shsAverage Volume909,766 shsMarket Capitalization$1.08 billionP/E RatioN/ADividend Yield5.72%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Piedmont Office Realty Trust alerts: Email Address Piedmont Office Realty Trust MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy2.42% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 8 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.63 out of 5 starsFinance Sector553rd out of 898 stocksNonresidential Building Operators Industry2nd out of 3 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Piedmont Office Realty Trust.Read more about Piedmont Office Realty Trust's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.42% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Piedmont Office Realty Trust has recently decreased by 7.81%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPiedmont Office Realty Trust is a leading dividend payer. It pays a dividend yield of 5.97%, 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 33.33% 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PDM. Previous Next 3.2 News and Social Media Coverage News SentimentPiedmont Office Realty Trust has a news sentiment score of 0.82. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Piedmont Office Realty Trust this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Piedmont Office Realty Trust to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Piedmont Office Realty Trust are expected to remain at $1.50 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Piedmont Office Realty Trust is -14.34, 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 -14.34, 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 0.63. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Piedmont Office Realty Trust Stock (NYSE:PDM)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.Read More PDM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PDM Stock News HeadlinesJuly 25 at 4:25 PM | globenewswire.comPIEDMONT OFFICE REALTY TRUST DECLARES THIRD QUARTER DIVIDENDJuly 24 at 11:12 AM | americanbankingnews.comPiedmont Office Realty Trust (NYSE:PDM) Upgraded at StockNews.comJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.July 23 at 11:29 PM | bizjournals.comLA law firm opens downtown Pittsburgh office with 17 attorneysJuly 17, 2024 | americanbankingnews.comPiedmont Office Realty Trust (NYSE:PDM) Cut to Sell at StockNews.comJuly 9, 2024 | globenewswire.comPiedmont Office Realty Trust, Inc. to Report Second Quarter 2024 Financial ResultsJuly 4, 2024 | investorplace.com7 REITs Yielding 5% (or More) With Strong Upside PotentialJune 13, 2024 | globenewswire.comPiedmont Office Realty Trust Announces Pricing of Senior Notes OfferingJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.June 3, 2024 | globenewswire.comPiedmont REIT signs over 575,000 SF of Leases During April and May 2024May 14, 2024 | finance.yahoo.comTravel + Leisure Chooses Piedmont’s 501 W. Church Building in Downtown Orlando for New Headquarters LocationMay 14, 2024 | globenewswire.comTravel + Leisure Chooses Piedmont's 501 W. Church Building in Downtown Orlando for New Headquarters LocationMay 3, 2024 | money.usnews.comPiedmont Office Realty Trust Inc - Ordinary Shares - Class AMay 2, 2024 | msn.comREITs close April at larger discounts to NAV per share estimatesMay 2, 2024 | finance.yahoo.comPiedmont Office Realty Trust Inc (PDM) Q1 2024 Earnings Call Transcript Highlights: Strategic ...May 2, 2024 | gurufocus.comQ1 2024 Piedmont Office Realty Trust Inc Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comQ1 2024 Piedmont Office Realty Trust Inc Earnings CallMay 1, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Piedmont Office (PDM)See More Headlines 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 Company Calendar Last Earnings4/30/2024Ex-Dividend for 6/14 Dividend5/23/2024Dividend Payable6/14/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get 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/AProfitability EPS (Most Recent Fiscal Year)($0.61) Trailing P/E RatioN/A Forward P/E Ratio5.72 P/E GrowthN/ANet Income$-48,390,000.00 Net Margins-12.90% Pretax Margin-12.89% Return on Equity-4.29% Return on Assets-1.84% Debt Debt-to-Equity Ratio1.23 Current Ratio1.90 Quick Ratio1.90 Sales & Book Value Annual Sales$577.76 million Price / Sales1.84 Cash Flow$1.53 per share Price / Cash Flow5.62 Book Value$13.93 per share Price / Book0.62Miscellaneous Outstanding Shares123,890,000Free Float122,293,000Market Cap$1.06 billion OptionableOptionable Beta1.21 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Christopher Brent Smith (Age 48)President, CEO & Director Comp: $1.77MMr. Robert E. Bowers CPA (Age 67)CFO, Executive VP & Chief Administrative Officer Comp: $960.17kMr. George M. Wells (Age 61)Executive VP & COO Comp: $855.25kMr. Christopher A. Kollme (Age 52)Executive Vice President of Investments & Strategy Comp: $744kMr. Robert K. Wiberg (Age 68)Executive Vice President of Northeast Region Comp: $620.17kMs. Laura P. Moon (Age 53)Chief Accounting Officer & Senior VP Comp: $327.67kThomas A. McKeanSenior VP, Associate General Counsel & Corporate SecretaryMs. Lisa M. TylerVice President of Human ResourceMr. Damian J. Miller CFAExecutive Vice President of Dallas - Southwest RegionMr. Kevin D. FossumExecutive Vice President of Property ManagementMore ExecutivesKey CompetitorsHighwoods PropertiesNYSE:HIWDouglas EmmettNYSE:DEIEquity CommonwealthNYSE:EQCBrandywine Realty TrustNYSE:BDNHudson Pacific PropertiesNYSE:HPPView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 33,916 shares on 7/26/2024Ownership: 0.549%Scharf Investments LLCBought 2,802 shares on 7/23/2024Ownership: 0.015%Sumitomo Mitsui Trust Holdings Inc.Sold 42,714 shares on 7/19/2024Ownership: 0.109%Swedbank ABSold 78,105 shares on 7/18/2024Ownership: 0.337%Blue Trust Inc.Bought 1,288 shares on 7/18/2024Ownership: 0.004%View All Institutional Transactions 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 23.0% and is now trading at $8.7450. 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) posted its quarterly earnings data on Tuesday, April, 30th. The real estate investment trust reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.61. The real estate investment trust earned $144.54 million during the quarter, compared to analysts' expectations of $143.41 million. Piedmont Office Realty Trust had a negative net margin of 12.90% and a negative trailing twelve-month return on equity of 4.29%. Who are Piedmont Office Realty Trust's major shareholders? Piedmont Office Realty Trust's top institutional shareholders include Wilsey Asset Management Inc. (3.15%), Bank of New York Mellon Corp (0.55%), Swedbank AB (0.34%) and SG Americas Securities LLC (0.28%). Insiders that own company stock include Robert E Bowers, Christopher Brent Smith, 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 STORE Capital (STOR), VEREIT (VER), Brandywine Realty Trust (BDN), New Residential Investment (NRZ), Omega Healthcare Investors (OHI) and Spirit Realty Capital (SRC). This page (NYSE:PDM) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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