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How will EU ban and West's price cap on Russian diesel work?
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
A gold storm is coming… (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
A gold storm is coming… (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
A gold storm is coming… (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
A gold storm is coming… (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
A gold storm is coming… (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
A gold storm is coming… (Ad)
Europe bans Russian diesel, other oil products over Ukraine
How will EU ban and West's price cap on Russian diesel work?

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

$10.69
-0.33 (-2.99%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$10.60
$10.94
50-Day Range
$8.80
$11.02
52-Week Range
$8.72
$17.86
Volume
665,394 shs
Average Volume
937,305 shs
Market Capitalization
$1.32 billion
P/E Ratio
33.41
Dividend Yield
7.86%
Price Target
$15.50

Piedmont Office Realty Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
45.0% Upside
$15.50 Price Target
Short Interest
Healthy
2.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.54mentions of Piedmont Office Realty Trust in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.00%
From $2.00 to $1.88 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Finance Sector

174th out of 858 stocks

Nonresidential Building Operators Industry

2nd out of 4 stocks

PDM stock logo

About Piedmont Office Realty Trust (NYSE:PDM) Stock

Piedmont Office Realty Trust, Inc. engages in the owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of office real estate assets. . Its activities include acquisition, investment, development, management, disposing, and ownership of commercial real estate properties throughout the United States. The company was founded on July 3, 1997 and is headquartered in Atlanta, GA.

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PDM Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Piedmont Office Realty: My Top 2023 Stock Pick
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Piedmont Office (PDM) Q3 FFO Match Estimates
PDM Piedmont Office Realty Trust, Inc.
Piedmont Office Realty Trust, Inc. (PDM)
Piedmont Office Realty Trust Becomes Oversold
See More Headlines
Receive PDM Stock News and Ratings via Email

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PDM Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 1/3 Dividend
11/23/2022
Dividend Payable
1/03/2023
Today
2/05/2023
Next Earnings (Confirmed)
2/08/2023
Ex-Dividend for 3/17 Dividend
2/23/2023
Dividend Payable
3/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nonresidential building operators
Sub-Industry
Office REITs
Sector
Finance
CUSIP
72019020
Employees
134
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.50
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+45.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-1,150,000.00
Pretax Margin
7.12%

Debt

Sales & Book Value

Annual Sales
$528.71 million
Cash Flow
$1.62 per share
Book Value
$14.40 per share

Miscellaneous

Free Float
122,001,000
Market Cap
$1.32 billion
Optionable
Optionable
Beta
1.00

Social Links


Key Executives

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













PDM Stock - Frequently Asked Questions

Should I buy or sell Piedmont Office Realty Trust stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Piedmont Office Realty Trust in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PDM shares.
View PDM analyst ratings
or view top-rated stocks.

What is Piedmont Office Realty Trust's stock price forecast for 2023?

2 brokerages have issued 1 year price targets for Piedmont Office Realty Trust's shares. Their PDM share price forecasts range from $14.00 to $17.00. On average, they expect the company's share price to reach $15.50 in the next twelve months. This suggests a possible upside of 45.0% from the stock's current price.
View analysts price targets for PDM
or view top-rated stocks among Wall Street analysts.

How have PDM shares performed in 2023?

Piedmont Office Realty Trust's stock was trading at $9.17 on January 1st, 2023. Since then, PDM shares have increased by 16.6% and is now trading at $10.69.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our PDM earnings forecast
.

How can I listen to Piedmont Office Realty Trust's earnings call?

Piedmont Office Realty Trust will be holding an earnings conference call on Thursday, February 9th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "47462".

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

Piedmont Office Realty Trust, Inc. (NYSE:PDM) released its quarterly earnings results on Wednesday, October, 27th. The real estate investment trust reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The real estate investment trust earned $131.10 million during the quarter, compared to analysts' expectations of $130.87 million. Piedmont Office Realty Trust had a trailing twelve-month return on equity of 2.19% and a net margin of 7.12%. The firm's revenue was down .5% compared to the same quarter last year. During the same period last year, the firm earned $0.48 EPS.

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, February 1st. Investors of record on Friday, February 24th will be given a dividend of $0.21 per share on Friday, March 17th. This represents a $0.84 annualized dividend and a yield of 7.86%. The ex-dividend date is Thursday, February 23rd.
Read our dividend analysis for PDM
.

Is Piedmont Office Realty Trust a good dividend stock?

Piedmont Office Realty Trust (NYSE:PDM) pays an annual dividend of $0.84 per share and currently has a dividend yield of 7.86%. PDM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 262.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PDM will have a dividend payout ratio of 44.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PDM.

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

Piedmont Office Realty Trust issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of $1.99-$2.01 for the period. The company issued revenue guidance of -.

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), 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 retail and institutional investors. Top institutional shareholders include Private Management Group Inc. (1.79%), Strs Ohio (0.35%), Sowa Financial Group Inc. (0.21%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), New York State Common Retirement Fund (0.09%) and Merit Financial Group LLC (0.05%). Insiders that own company stock include Barbara B Lang, Christopher Brent Smith, Dale H Taysom, Glenn Gary Cohen, Jeffrey L Swope and Laura P Moon.
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 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 $10.69.

How much money does Piedmont Office Realty Trust make?

Piedmont Office Realty Trust (NYSE:PDM) has a market capitalization of $1.32 billion and generates $528.71 million in revenue each year. The real estate investment trust earns $-1,150,000.00 in net income (profit) each year or $0.32 on an earnings per share basis.

How many employees does Piedmont Office Realty Trust have?

The company employs 134 workers across the globe.

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 official website for the company is www.piedmontreit.com. The real estate investment trust can be reached via phone at (770) 418-8800, via email at investor.services@piedmontreit.com, or via fax at 770-418-8900.

This page (NYSE:PDM) was last updated on 2/5/2023 by MarketBeat.com Staff