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 | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
Piedmont Office Realty Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.40 |
| 52 Week High | US$11.12 |
| 52 Week Low | US$5.78 |
| Beta | 1.19 |
| 11 Month Change | -12.88% |
| 3 Month Change | 2.62% |
| 1 Year Change | 57.98% |
| 33 Year Change | -49.79% |
| 5 Year Change | -58.04% |
| Change since IPO | -39.74% |
Recent News & Updates
Recent updates
Piedmont 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 | -3.4% | -1.1% | -1.0% |
| 1Y | 58.0% | 45.2% | 30.3% |
Return vs Industry: PDM exceeded the US Office REITs industry which returned 45.7% over the past year.
Return vs Market: PDM exceeded the US Market which returned 30.4% over the past year.
Price Volatility
| PDM volatility | |
|---|---|
| PDM Average Weekly Movement | 3.7% |
| Office REITs Industry Average Movement | 3.7% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 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$1.17b |
| Earnings (TTM) | -US$77.12m |
| Revenue (TTM) | US$572.42m |
2.0x
P/S Ratio-15.1x
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
5.3%
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 | 1 day |
| Days until Dividend pay date | 42 days |
Does PDM pay a reliable dividends?
See PDM dividend history and benchmarks