Piedmont Office Realty Trust Stock Forecast, Price & News

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

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Piedmont Office Realty Trust saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,360,000 shares, a decline of 17.8% from the March 15th total of 2,870,000 shares. Based on an average daily volume of 769,700 shares, the short-interest ratio is currently 3.1 days. Currently, 1.9% of the company's stock are short sold.
View Piedmont Office Realty Trust's Short Interest.

Piedmont Office Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Piedmont Office Realty Trust.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced its quarterly earnings results on Wednesday, April, 28th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.39. The real estate investment trust earned $129.30 million during the quarter, compared to analyst estimates of $130.86 million. Piedmont Office Realty Trust had a net margin of 69.29% and a trailing twelve-month return on equity of 19.92%. Piedmont Office Realty Trust's revenue was down 5.8% on a year-over-year basis. During the same period last year, the firm posted $0.47 EPS.
View Piedmont Office Realty Trust's earnings history.

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 (WHO). Since then, PDM stock has decreased by 8.7% and is now trading at $17.96.
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Piedmont Office Realty Trust declared a quarterly dividend on Wednesday, April 28th. Shareholders of record on Friday, May 28th will be given a dividend of $0.21 per share on Friday, June 18th. This represents a $0.84 annualized dividend and a yield of 4.68%. The ex-dividend date of this dividend is Thursday, May 27th.
View Piedmont Office Realty Trust's dividend history.

Piedmont Office Realty Trust pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.68%. PDM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Piedmont Office Realty Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of Piedmont Office Realty Trust is 46.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Piedmont Office Realty Trust will have a dividend payout ratio of 45.16% 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.

Piedmont Office Realty Trust issued an update on its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share (EPS) guidance of 1.860-1.960 for the period. The company issued revenue guidance of -.

1 equities research analysts have issued twelve-month price targets for Piedmont Office Realty Trust's stock. Their forecasts range from $19.00 to $19.00. On average, they expect Piedmont Office Realty Trust's stock price to reach $19.00 in the next year. This suggests a possible upside of 5.8% from the stock's current price.
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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), Douglas Emmett (DEI), CoreSite Realty (COR), SL Green Realty (SLG), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Brandywine Realty Trust (BDN), Mack-Cali Realty (CLI) and Franklin Street Properties (FSP).
View all of PDM's competitors.

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).

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

Piedmont Office Realty Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.30%), LSV Asset Management (4.38%), Cbre Clarion Securities LLC (3.07%), Northern Trust Corp (1.95%), Geode Capital Management LLC (1.88%) and Prudential Financial Inc. (1.02%). Company insiders that own Piedmont Office Realty Trust stock include Dale H Taysom, Glenn Gary Cohen and Jeffrey L Swope.
View institutional ownership trends for Piedmont Office Realty Trust.

PDM stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Northern Trust Corp, Bank of Montreal Can, Allianz Asset Management GmbH, Russell Investments Group Ltd., Los Angeles Capital Management LLC, Citigroup Inc., and Jupiter Asset Management Ltd..
View insider buying and selling activity for Piedmont Office Realty Trust or view top insider-selling stocks.

PDM stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., BlackRock Inc., Cbre Clarion Securities LLC, Barclays PLC, Dean Investment Associates LLC, Dean Capital Management, Panagora Asset Management Inc., and Renaissance Technologies LLC. Company insiders that have bought Piedmont Office Realty Trust stock in the last two years include Dale H Taysom, Glenn Gary Cohen, and Jeffrey L Swope.
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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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One share of PDM stock can currently be purchased for approximately $17.96.

Piedmont Office Realty Trust has a market capitalization of $2.23 billion and generates $533.18 million in revenue each year. The real estate investment trust earns $229.26 million in net income (profit) each year or $1.79 on an earnings per share basis.

Piedmont Office Realty Trust employs 137 workers across the globe.

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

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

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]