Piedmont Office Realty Trust, Inc. (PDM)
| Market Cap | 805.27M |
| Revenue (ttm) | 577.76M |
| Net Income (ttm) | -48.39M |
| Shares Out | 123.89M |
| EPS (ttm) | -0.39 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.50 (7.69%) |
| Ex-Dividend Date | Feb 22, 2024 |
| Volume | 508,846 |
| Open | 6.33 |
| Previous Close | 6.36 |
| Day's Range | 6.33 - 6.52 |
| 52-Week Range | 4.91 - 8.05 |
| Beta | 1.15 |
| Analysts | Hold |
| Price Target | 11.00 (+69.23%) |
| Earnings Date | Apr 30, 2024 |
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 was t... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for PDM stock is "Hold" and the 12-month stock price forecast is $11.0.
News
Piedmont Office Realty Trust, Inc. to Report First Quarter 2024 Financial Results
Atlanta, April 09, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Tuesday, April 30, 2024, after...
Piedmont Office Realty Trust Earns ENERGY STAR® Partner Of The Year Sustained Excellence
Atlanta, March 28, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced today that th...
Piedmont Completes Sale of One Lincoln Park
Atlanta, March 20, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") ("Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced t...
Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2023 Results
Atlanta, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt ma...
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND
Atlanta, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regu...
Piedmont Office Realty Trust Announces Tax Treatment of 2023 Dividends
Atlanta, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2023 common stock divi...
Piedmont Office Realty Trust, Inc. to Report Fourth Quarter and Annual 2023 Financial Results
Atlanta, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter financial results on Wednesday, February 7, 2024, a...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Piedmont Office Realty Trust Announces Pricing of an Add-on Offering of Senior Notes
Atlanta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, L...
Piedmont Office Realty Trust Reports Third Quarter 2023 Results
Atlanta, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt ma...
U.S. BANCORP RENEWS 447,000 SF HEADQUARTERS IN MINNEAPOLIS, MN
Atlanta, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) announced today that it has renewed all of U.S. Bancorp (NYSE: USB)'s 447,000 square-foot global headquarters ...
GE Vernova Chooses Piedmont's Atlanta Galleria for New Strategic Hub
Atlanta, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced that it h...
PIEDMONT OFFICE REALTY TRUST DECLARES FOURTH QUARTER DIVIDEND
Atlanta, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regu...
Piedmont Office Realty Trust, Inc. to Report Third Quarter 2023 Financial Results
Atlanta, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Monday, October 30, 2023, after...
PIEDMONT OFFICE REALTY TRUST DECLARES THIRD QUARTER DIVIDEND
Atlanta, July 26, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that due to increased interest expense its boar...
PIEDMONT OFFICE REALTY TRUST ANNOUNCES RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 4.450% SENIOR NOTES DUE 2024
Atlanta, July 25, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM), today announced the results, as of 5:00 p.m., New York City time, on July 24, 2...
Piedmont Office Realty Trust Announces Closing of Senior Notes Offering and Reports Second Quarter 2023 Results
Atlanta, July 20, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt ma...
Piedmont Office Realty Trust Announces Pricing of Senior Notes Offering
Atlanta, July 18, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, L...
PIEDMONT OFFICE REALTY TRUST COMMENCES OFFER TO PURCHASE ANY AND ALL OF ITS OUTSTANDING 4.450% SENIOR NOTES DUE 2024
Atlanta, July 18, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced that its operating partnership, Piedmont Operating Partnership, ...
Piedmont Office Realty Trust, Inc. to Report Second Quarter 2023 Financial Results
Atlanta, July 10, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Wednesday, July 26, 2023, afte...
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Piedmont Office Realty Trust Reports First Quarter 2023 Results
Atlanta, May 01, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt mar...
REITs Slide To Even Lower New Lows: These 4 Get There
Real estate investment trusts have been among the worst 12-month performers as the Fed took interest rates higher and as the banking industry adjusted to difficulties.
Piedmont Office Realty Trust, Inc to Report First Quarter 2023 Financial Results
Atlanta, April 14, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Monday, May 1, 2023, after the...
Piedmont Office Realty Trust Earns ENERGY STAR® Partner Of The Year Award For Third Year In A Row
Atlanta, March 29, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today ann...