Piedmont Office Realty Trust, Inc. (PDM)
| Market Cap | 2.20B |
| Revenue (ttm) | 527.11M |
| Net Income (ttm) | 233.32M |
| Shares Out | 124.03M |
| EPS (ttm) | 1.86 |
| PE Ratio | 9.64 |
| Forward PE | n/a |
| Dividend | $0.84 |
| Dividend Yield | 4.68% |
| Trading Day | May 13 |
| Last Price | $17.96 |
| Previous Close | $17.70 |
| Change ($) | 0.26 |
| Change (%) | 1.47% |
| Day's Open | 17.70 |
| Day's Range | 17.65 - 18.08 |
| Day's Volume | 352,453 |
| 52-Week Range | 10.99 - 19.25 |
Piedmont Office (PDM) delivered FFO and revenue surprises of 2.13% and -1.14%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Atlanta, April 28, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in seven major Eastern U....
Atlanta, GA, April 13, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) today announced that the U.S. Environmental Protection Agency and the U.S. Department of Energy have recogn...
Atlanta, April 07, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Wednesday, April 28, 2021, after...
Atlanta, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets with...
Atlanta, GA, Feb. 02, 2021 (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 re...
Atlanta, GA, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter and annual 2020 financial results on Wednesday, F...
Atlanta, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2020 common stock divide...
Office REITs are here to stay with a wider adoption of flexible working and higher office space needs per employee post-COVID. PDM offers exposure to a portfolio of East Coast and Sun Belt Class A offic...
To increase the effectiveness of screening for value opportunities, one method is to select stocks whose "Graham blended multiplier" is less than 22.5. Developed by Benjamin Graham, the pioneer of value...
Piedmont Office Realty Trust's (PDM) CEO Brent Smith on Q3 2020 Results - Earnings Call Transcript
Piedmont Office Realty Trust, Inc.'s (PDM) CEO Brent Smith on Q3 2020 Results - Earnings Call Transcript
Atlanta, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets with...
Atlanta, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter 2020 financial results on Thursday, October 29, 2020, ...
Piedmont (PDM) adds Deluxe to tenant roster in the Atlanta Class-A office complex with further plans for development in the days to come.
Minnesota-based company brings new tech hub to prominent Atlanta office park Minnesota-based company brings new tech hub to prominent Atlanta office park
Let's see if Piedmont Office Realty Trust (PDM) stock is a good choice for value-oriented investors right now from multiple angles.
Atlanta, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, L...
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Piedmont Office Realty Trust, Inc.'s (PDM) CEO Brent Smith on Q2 2020 Results - Earnings Call Transcript
Piedmont Office (PDM) delivered FFO and revenue surprises of -2.00% and -5.04%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Atlanta, GA, July 29, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in select sub-market...
Piedmont Office Realty (NYSE: PDM) announces its next round of earnings this Wednesday, July 29.
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Atlanta, GA, June 30, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in select amenity-rich sub-markets wi...
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Atlanta, GA, May 14, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of 18 million square feet of Class A office properties located prima...
Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith on Q1 2020 Results - Earnings Call Transcript
Piedmont Office (PDM) delivered FFO and revenue surprises of 0.00% and 0.17%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Atlanta, GA, April 29, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (the “Company” or “Piedmont”) (NYSE: PDM) announced today that it will hold its 2020 Annual Meeting of Stockholders (the “A...
Piedmont Office Realty Trust has been struggling lately, but the selling pressure may be coming to an end soon.
Atlanta, GA, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced today that its Board of Directors has appointed Glenn G. Cohen, as member of the Board, effective...
Atlanta, GA, Feb. 12, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (the “Company” or “Piedmont”) (NYSE: PDM) announced today that it has completed the purchase of the “Galleria Office Towers”...
On 10th Anniversary of IPO, Donald A. Miller Steps Down from Board On 10th Anniversary of IPO, Donald A. Miller Steps Down from Board
Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith on Q4 2019 Results - Earnings Call Transcript
Piedmont Office (PDM) delivered FFO and revenue surprises of 2.22% and -0.44%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Atlanta, GA, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2019 common stock ...
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?
Office REITs likely to hold up well in the near term, given stellar U.S. job report, resilient macro-economic conditions and stable fundamentals.
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?
Piedmont Office Realty's (PDM) diversified portfolio of office properties in notable central business districts, strong operating performance and large unencumbered asset base impresses Moody's.
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income...
Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith on Q3 2019 Results - Earnings Call Transcript
Atlanta, GA, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) announced today that it has completed the purchase of Galleria 400 and Galleria 600, two office towers tot...
Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith on Q2 2019 Results - Earnings Call Transcript
Piedmont Office (PDM) delivered FFO and revenue surprises of -2.27% and 2.04%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Piedmont Office Realty (PDM) expands footprint in Northwest Atlanta with the buyout of Galleria 100, as well assigns a lease with WeWork at 200 South Orange Avenue.
About PDM
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices i... [Read more...]
| Industry REIT-Office | |
| Stock Exchange NYSE | Ticker Symbol PDM |
Financial Performance
In 2020, PDM's revenue was $535.02 million, an increase of 0.35% compared to the previous year's $533.18 million. Earnings were $232.69 million, an increase of 1.49%.
Analyst Forecasts
According to 3 analysts, the average rating for PDM stock is "Buy." The 12-month stock price forecast is 20.67, which is an increase of 15.09% from the latest price.