NYSE:PDM - Piedmont Office Realty Trust Stock Price, Forecast & News

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

Piedmont Office Realty Trust announced a quarterly dividend on Wednesday, October 30th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.21 per share on Friday, January 3rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date is Wednesday, November 27th. View Piedmont Office Realty Trust's Dividend History.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) posted its quarterly earnings results on Wednesday, October, 30th. The real estate investment trust reported $0.07 EPS for the quarter, missing the consensus estimate of $0.45 by $0.38. The real estate investment trust earned $135.46 million during the quarter, compared to analyst estimates of $127.16 million. Piedmont Office Realty Trust had a net margin of 20.92% and a return on equity of 6.58%. Piedmont Office Realty Trust's revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 EPS. View Piedmont Office Realty Trust's Earnings History.

Piedmont Office Realty Trust is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Piedmont Office Realty Trust.

Piedmont Office Realty Trust will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Piedmont Office Realty Trust updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided earnings per share guidance of $1.77-1.79 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.77.

4 Wall Street analysts have issued twelve-month price targets for Piedmont Office Realty Trust's shares. Their forecasts range from $20.00 to $26.00. On average, they anticipate Piedmont Office Realty Trust's stock price to reach $23.33 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Price Targets for Piedmont Office Realty Trust.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Piedmont Office Realty Trust in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Piedmont Office Realty Trust.

Press coverage about PDM stock has been trending negative on Saturday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Piedmont Office Realty Trust earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Piedmont Office Realty Trust.

Piedmont Office Realty Trust saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 5,150,000 shares, a decrease of 5.9% from the December 15th total of 5,470,000 shares. Based on an average trading volume of 732,800 shares, the days-to-cover ratio is currently 7.0 days. Approximately 4.2% of the shares of the company are short sold. View Piedmont Office Realty Trust's Current Options Chain.

Some companies that are related to Piedmont Office Realty Trust include DIGITAL RLTY TR/SH (DLR), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), Kilroy Realty (KRC), Douglas Emmett (DEI), SL Green Realty (SLG), CyrusOne (CONE), Hudson Pacific Properties (HPP), Highwoods Properties (HIW), CoreSite Realty (COR), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Piedmont Office Realty Trust investors own include Huntington Bancshares (HBAN), Brandywine Realty Trust (BDN), General Electric (GE), People's United Financial (PBCT), Sirius XM (SIRI), Seagate Technology (STX), American Homes 4 Rent (AMH), Brixmor Property Group (BRX), DuPont Fabros Technology (DFT) and Empire State Realty Trust (ESRT).

Piedmont Office Realty Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Clean Yield Group (0.05%), Bowling Portfolio Management LLC (0.04%), Nisa Investment Advisors LLC (0.03%), State of Alaska Department of Revenue (0.03%), Hexavest Inc. (0.02%) and First Hawaiian Bank (0.02%). Company insiders that own Piedmont Office Realty Trust stock include Christopher Brent Smith, Dale H Taysom, Jeffrey L Swope and Kelly Hefner Barrett. View Institutional Ownership Trends for Piedmont Office Realty Trust.

PDM stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, First Hawaiian Bank and Clean Yield Group. View Insider Buying and Selling for Piedmont Office Realty Trust.

PDM stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., State of Alaska Department of Revenue, AE Wealth Management LLC, Nisa Investment Advisors LLC and Manchester Financial Inc.. Company insiders that have bought Piedmont Office Realty Trust stock in the last two years include Christopher Brent Smith, Dale H Taysom, Jeffrey L Swope and Kelly Hefner Barrett. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PDM stock can currently be purchased for approximately $23.27.

Piedmont Office Realty Trust has a market capitalization of $2.93 billion and generates $525.97 million in revenue each year. The real estate investment trust earns $130.29 million in net income (profit) each year or $1.73 on an earnings per share basis. Piedmont Office Realty Trust employs 134 workers across the globe.View Additional Information About Piedmont Office Realty Trust.

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

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 or via email at [email protected]