PDM Stock Overview
Piedmont Office Realty Trust, Inc. (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Piedmont Office Realty Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.76 |
| 52 Week High | US$11.12 |
| 52 Week Low | US$5.93 |
| Beta | 1.17 |
| 1 Month Change | -6.41% |
| 3 Month Change | -11.16% |
| 1 Year Change | 23.55% |
| 3 Year Change | -51.50% |
| 5 Year Change | -60.25% |
| Change since IPO | -43.85% |
Recent News & Updates
Recent updates
Piedmont Office Realty Trust: Christmas Comes Early This Year (Strong Buy)
Dec 06Piedmont Office: Core FFO Will Likely Trough In 2024 (Rating Upgrade)
Sep 05Piedmont Office Realty Trust: Attractive Valuation But Risks Remain
Apr 19Piedmont Office: Steep Discount To Book And A Covered 7% Dividend Yield
Jan 22Piedmont Office: Most Risks Addressed Following Renewal Of Largest Tenant
Nov 05Piedmont Office: Calamitous Drops Don't Scare Us Out Of The Game
Oct 03Piedmont Office: Dividend News Distracts From Material Upside Potential In Share Price
Jul 30Piedmont Office Realty Trust: Really Cheap With An 11% Yield
Jul 11Piedmont: I'm Collecting A 9% Yield While Waiting For Shares To Recover
Feb 25Piedmont Office Realty Trust Q4 results mixed, co gives in-line FY 2023 FFO guidance
Feb 08Piedmont Office declares $0.21 dividend
Feb 01Piedmont Office Realty: My Top 2023 Stock Pick
Dec 22Piedmont Office Realty Trust: The Atlanta Market Will Carry It Forward
Nov 16Piedmont Office GAAP EPS of $0.03 misses by $0.03
Nov 02Piedmont Office Realty Trust's 8.7% Dividend Yield Looks Peachy
Oct 23Piedmont Office Realty Trust: A 6.5% Yielding Sunbelt REIT Due For A Rebound
Aug 23Shareholder Returns
| PDM | US Office REITs | US Market | |
|---|---|---|---|
| 7D | -6.4% | -5.8% | -2.4% |
| 1Y | 23.6% | 6.8% | 23.3% |
Return vs Industry: PDM exceeded the US Office REITs industry which returned 6.8% over the past year.
Return vs Market: PDM matched the US Market which returned 23.3% over the past year.
Price Volatility
| PDM volatility | |
|---|---|
| PDM Average Weekly Movement | 4.3% |
| Office REITs Industry Average Movement | 4.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PDM has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PDM's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 150 | Christopher Smith | www.piedmontreit.com |
Piedmont Office Realty Trust, Inc. (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust ("REIT") with local management offices in each of its markets and is investment-grade rated by Standard & Poor’s and Moody’s.
Piedmont Office Realty Trust, Inc. Fundamentals Summary
| PDM fundamental statistics | |
|---|---|
| Market cap | US$1.09b |
| Earnings (TTM) | -US$77.12m |
| Revenue (TTM) | US$572.42m |
1.9x
P/S Ratio-14.1x
P/E RatioIs PDM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PDM income statement (TTM) | |
|---|---|
| Revenue | US$572.42m |
| Cost of Revenue | US$234.60m |
| Gross Profit | US$337.82m |
| Other Expenses | US$414.94m |
| Earnings | -US$77.12m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.62 |
| Gross Margin | 59.02% |
| Net Profit Margin | -13.47% |
| Debt/Equity Ratio | 136.4% |
How did PDM perform over the long term?
See historical performance and comparisonDividends
5.7%
Current Dividend Yield33%
Payout RatioDoes PDM pay a reliable dividends?
See PDM dividend history and benchmarks| Piedmont Office Realty Trust dividend dates | |
|---|---|
| Ex Dividend Date | Nov 22 2024 |
| Dividend Pay Date | Jan 02 2025 |
| Days until Ex dividend | 30 days |
| Days until Dividend pay date | 11 days |
Does PDM pay a reliable dividends?
See PDM dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Piedmont Office Realty Trust, Inc. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas Thillman | Baird |
| Paul Adornato | BMO Capital Markets Equity Research |
| Paul Adornato | BMO Capital Markets U.S. (Historical) |