Piedmont Office Realty Trust, Inc. (PDM)

Market Cap	878.74M
Revenue (ttm)	570.32M
Net Income (ttm)	-79.07M
Shares Out	124.29M
EPS (ttm)	-0.64
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.50 (7.07%)
Ex-Dividend Date	Feb 21, 2025

Volume	747,067
Open	7.18
Previous Close	7.15
Day's Range	7.02 - 7.34
52-Week Range	5.93 - 11.12
Beta	1.17
Analysts	Buy
Price Target	11.00 (+55.59%)
Earnings Date	Feb 13, 2025

About PDM

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. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it...

• Industry: REIT - Office
• Sector: Real Estate
• Founded: 1997
• Employees: 150
• Stock Exchange: NYSE
• Ticker Symbol: PDM
• Website: https://www.piedmontreit.com

Financial Performance

In 2024, PDM's revenue was $570.32 million, a decrease of -1.29% compared to the previous year's $577.76 million. Losses were -$79.07 million, 63.4% more than in 2023.

Analyst Forecast

According to 3 analysts, the average rating for PDM stock is "Buy." The 12-month stock price forecast is $11.0, which is an increase of 55.59% from the latest price.

Price Target

$11.0

(55.59% upside)

Analyst Consensus: Buy