Piedmont Office Realty Trust (PDM) Stock Forecast, Price & News

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

Are investors shorting Piedmont Office Realty Trust?

Piedmont Office Realty Trust saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,770,000 shares, an increase of 20.4% from the April 15th total of 1,470,000 shares. Based on an average trading volume of 848,300 shares, the short-interest ratio is presently 2.1 days. Currently, 1.5% of the shares of the company are short sold.
View Piedmont Office Realty Trust's Short Interest.

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, July 27th 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) announced its quarterly earnings data on Wednesday, April, 27th. The real estate investment trust reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.51 by $0.02. The real estate investment trust had revenue of $136.15 million for the quarter, compared to analysts' expectations of $135.88 million. Piedmont Office Realty Trust had a trailing twelve-month return on equity of 2.69% and a net margin of 9.24%.
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 announced a quarterly dividend on Wednesday, April 27th. Investors of record on Friday, May 27th will be paid a dividend of $0.21 per share on Friday, June 17th. This represents a $0.84 annualized dividend and a dividend yield of 5.82%. The ex-dividend date of this dividend is Thursday, May 26th.
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 5.75%. 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 210.00%. 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 39.81% 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 2022 earnings guidance on Monday, February, 21st. The company provided earnings per share (EPS) guidance of $1.970-$2.070 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:

• Mr. Christopher Brent Smith, Pres, CEO & Director (Age 46, Pay $1.52M) (LinkedIn Profile)
• Mr. Robert E. Bowers, CFO, Exec. VP & Chief Admin. Officer (Age 65, Pay $986.25k)
• Mr. George M. Wells, Exec. VP & COO (Age 59, Pay $811.25k)
• Mr. Christopher A. Kollme, Exec. VP of Investments & Strategy (Age 50, Pay $740.16k)
• Mr. Robert K. Wiberg, Exec. VP of Northeast Region & Co-Head of Devel. (Age 66, Pay $644.75k)
• Ms. Laura P. Moon, Chief Accounting Officer & Sr. VP (Age 51)
• Mr. Edward H. Guilbert III, Exec. VP of Fin., Treasurer & Assistant Sec. (Age 46)
• Thomas A. McKean, Sr. VP, Associate Gen. Counsel & Corp. Sec.
• Ms. Lisa M. Tyler, VP of Human Resource
• Mr. Joseph H. Pangburn, Exec. VP of Southwest Region (Age 61)

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), Kilroy Realty (KRC), Douglas Emmett (DEI), Highwoods Properties (HIW), SL Green Realty (SLG), Corporate Office Properties Trust (OFC), Equity Commonwealth (EQC), Hudson Pacific Properties (HPP), Brandywine Realty Trust (BDN) 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), Host Hotels & Resorts (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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.91%), BlackRock Inc. (10.06%), State Street Corp (5.01%), LSV Asset Management (3.64%), Wellington Management Group LLP (3.05%) and Cbre Investment Management Listed Real Assets LLC (2.86%). Company insiders that own Piedmont Office Realty Trust stock include Christopher Brent Smith, Dale H Taysom, Glenn Gary Cohen and Laura P Moon.
View institutional ownership trends for Piedmont Office Realty Trust.

Which institutional investors are selling Piedmont Office Realty Trust stock?

PDM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., Arrowstreet Capital Limited Partnership, Lazard Asset Management LLC, Northern Trust Corp, AlphaCrest Capital Management LLC, Chartwell Investment Partners LLC, and Private Management Group Inc..
View insider buying and selling activity for Piedmont Office Realty Trust or view top insider-selling stocks.

Which institutional investors are buying Piedmont Office Realty Trust stock?

PDM stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Cbre Investment Management Listed Real Assets LLC, Vanguard Group Inc., RVB Capital Management LLC, Cohen & Steers Inc., Panagora Asset Management Inc., Charles Schwab Investment Management Inc., and LDR Capital Management LLC. Company insiders that have bought Piedmont Office Realty Trust stock in the last two years include Christopher Brent Smith, Dale H Taysom, and Glenn Gary Cohen.
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.
Compare Top Brokerages Here.

What is Piedmont Office Realty Trust's stock price today?

One share of PDM stock can currently be purchased for approximately $14.44.

How much money does Piedmont Office Realty Trust make?

Piedmont Office Realty Trust has a market capitalization of $1.78 billion and generates $528.71 million in revenue each year. The real estate investment trust earns $-1.15 million in net income (profit) each year or $0.40 on an earnings per share basis.

How many employees does Piedmont Office Realty Trust have?

Piedmont Office Realty Trust employs 134 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.

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.