Piedmont Office Realty Trust Stock Forecast, Price & News

Piedmont Office Realty Trust (NYSE:PDM) Frequently Asked Questions

How has Piedmont Office Realty Trust's stock been impacted by Coronavirus (COVID-19)?

Piedmont Office Realty Trust's stock was trading at $19.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PDM stock has decreased by 7.0% and is now trading at $18.31.
View which stocks have been most impacted by COVID-19.

When is Piedmont Office Realty Trust's next earnings date?

Piedmont Office Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Piedmont Office Realty Trust.

How were Piedmont Office Realty Trust's earnings last quarter?

Piedmont Office Realty Trust, Inc. (NYSE:PDM) posted its earnings results on Wednesday, October, 27th. The real estate investment trust reported $0.09 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.01. The real estate investment trust had revenue of $131.10 million for the quarter, compared to the consensus estimate of $130.87 million. Piedmont Office Realty Trust had a trailing twelve-month return on equity of 2.83% and a net margin of 10.19%. The business's quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.48 EPS.
View Piedmont Office Realty Trust's earnings history.

How often does Piedmont Office Realty Trust pay dividends? What is the dividend yield for Piedmont Office Realty Trust?

Piedmont Office Realty Trust declared a quarterly dividend on Wednesday, October 27th. Investors of record on Friday, November 26th will be paid a dividend of $0.21 per share on Tuesday, January 4th. This represents a $0.84 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date is Wednesday, November 24th.
View Piedmont Office Realty Trust's dividend history.

Is Piedmont Office Realty Trust a good dividend stock?

Piedmont Office Realty Trust pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.77%. PDM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Piedmont Office Realty Trust is 195.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Piedmont Office Realty Trust will have a dividend payout ratio of 41.58% next year. This indicates that Piedmont Office Realty Trust will be able to sustain or increase its dividend.
View Piedmont Office Realty Trust's dividend history.

What guidance has Piedmont Office Realty Trust issued on next quarter's earnings?

Piedmont Office Realty Trust updated its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided EPS guidance of $1.950-$1.980 for the period. The company issued revenue guidance of -.

Who are Piedmont Office Realty Trust's key executives?

Piedmont Office Realty Trust's management team includes the following people:

• C. Brent Smith, President, Chief Executive & Investment Officer
• George M. Wells, Chief Operating Officer & Executive Vice President
• Robert E. Bowers, Chief Financial Officer & Executive Vice President
• Laura P. Moon, Chief Accounting Officer & Senior Vice President
• Robert K. Wiberg, EVP-Northeast Region & Head-Development

Who are some of Piedmont Office Realty Trust's key competitors?

Some companies that are related to Piedmont Office Realty Trust include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), CoreSite Realty (COR), Douglas Emmett (DEI), SL Green Realty (SLG), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Corporate Office Properties Trust (OFC), Equity Commonwealth (EQC), Brandywine Realty Trust (BDN), Mack-Cali Realty (CLI) and Franklin Street Properties (FSP).
View all of PDM's competitors.

What other stocks do shareholders of Piedmont Office Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Piedmont Office Realty Trust investors own include STORE Capital (STOR), VEREIT (VER), Brandywine Realty Trust (BDN), (HST), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Spirit Realty Capital (SRC), AGNC Investment (AGNC), Apple Hospitality REIT (APLE) and Preferred Apartment Communities (APTS).

What is Piedmont Office Realty Trust's stock symbol?

Piedmont Office Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PDM."

Who are Piedmont Office Realty Trust's major shareholders?

Piedmont Office Realty Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.72%), LSV Asset Management (3.77%), Wellington Management Group LLP (3.14%), Cbre Investment Management Listed Real Assets LLC (2.43%), Geode Capital Management LLC (2.07%) and Dimensional Fund Advisors LP (1.85%). Company insiders that own Piedmont Office Realty Trust stock include Christopher Brent Smith, Dale H Taysom, Glenn Gary Cohen and Jeffrey L Swope.
View institutional ownership trends for Piedmont Office Realty Trust.

Which major investors are selling Piedmont Office Realty Trust stock?

PDM stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Balyasny Asset Management LLC, Cbre Investment Management Listed Real Assets LLC, Millennium Management LLC, Goldman Sachs Group Inc., Royal Bank of Canada, Invesco Ltd., and BlackRock Inc..
View insider buying and selling activity for Piedmont Office Realty Trust or view top insider-selling stocks.

Which major investors are buying Piedmont Office Realty Trust stock?

PDM stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, AXA S.A., Wellington Management Group LLP, Arrowstreet Capital Limited Partnership, Foundry Partners LLC, Man Group plc, Macquarie Group Ltd., and Renaissance Technologies LLC. Company insiders that have bought Piedmont Office Realty Trust stock in the last two years include Christopher Brent Smith, Dale H Taysom, Glenn Gary Cohen, and Jeffrey L Swope.
View insider buying and selling activity for Piedmont Office Realty Trust or or view top insider-buying stocks.

How do I buy shares of Piedmont Office Realty Trust?

Shares of PDM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Piedmont Office Realty Trust's stock price today?

One share of PDM stock can currently be purchased for approximately $18.31.

How much money does Piedmont Office Realty Trust make?

Piedmont Office Realty Trust has a market capitalization of $2.27 billion and generates $535 million in revenue each year. The real estate investment trust earns $232.68 million in net income (profit) each year or $0.43 on an earnings per share basis.

How many employees does Piedmont Office Realty Trust have?

Piedmont Office Realty Trust employs 8,724 workers across the globe.

What is Piedmont Office Realty Trust's official website?

The official website for Piedmont Office Realty Trust is www.piedmontreit.com.

Where are Piedmont Office Realty Trust's headquarters?

Piedmont Office Realty Trust is headquartered at 5565 GLENRIDGE CONNECTOR STE 450, ATLANTA GA, 30342.

How can I contact Piedmont Office Realty Trust?

Piedmont Office Realty Trust's mailing address is 5565 GLENRIDGE CONNECTOR STE 450, ATLANTA GA, 30342. The real estate investment trust can be reached via phone at (770) 418-8800, via email at [email protected], or via fax at 770-418-8900.