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Piedmont Office Realty Trust, Inc. (PDM)

Stock Price: $18.37 USD -0.28 (-1.50%)
Updated Aug 3, 2021 12:17 PM EDT - Market open
Market Cap 2.36B
Revenue (ttm) 522.70M
Net Income (ttm) 50.84M
Shares Out 124.14M
EPS (ttm) 0.41
PE Ratio 45.14
Forward PE n/a
Dividend $0.84
Dividend Yield 4.57%
Trading Day August 3
Last Price $18.37
Previous Close $18.65
Change ($) -0.28
Change (%) -1.50%
Day's Open 18.71
Day's Range 18.26 - 18.71
Day's Volume 100,794
52-Week Range 10.87 - 20.35

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Piedmont Office (PDM) delivered FFO and revenue surprises of 0.00% and 2.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 days ago - Zacks Investment Research

Atlanta, July 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.S...

5 days ago - GlobeNewsWire

Atlanta, July 07, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Wednesday, July 28, 2021, after ...

3 weeks ago - GlobeNewsWire

Atlanta, June 07, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (the “Company” or “Piedmont”) (NYSE: PDM) announced today in advance of the National Association of Real Estate Investment Trusts'...

1 month ago - GlobeNewsWire

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?

3 months ago - Zacks Investment Research

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....

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

"Why do you like tobacco stocks so much?" my colleague asked our boss, David Dreman (Trades, Portfolio), about two decades ago.

Other stocks mentioned: AEL, CNNE, FF, IMKTA, REGI, UNM, WOR ...
6 months ago - GuruFocus

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...

7 months ago - Seeking Alpha

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...

Other stocks mentioned: FFNW, HIW
8 months ago - GuruFocus

Piedmont Office Realty Trust's (PDM) CEO Brent Smith on Q3 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Piedmont Office Realty Trust, Inc.'s (PDM) CEO Brent Smith on Q3 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

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...

9 months ago - GlobeNewsWire

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, ...

9 months ago - GlobeNewsWire

Piedmont (PDM) adds Deluxe to tenant roster in the Atlanta Class-A office complex with further plans for development in the days to come.

10 months ago - Zacks Investment Research

Minnesota-based company brings new tech hub to prominent Atlanta office park Minnesota-based company brings new tech hub to prominent Atlanta office park

10 months ago - GlobeNewsWire

Let's see if Piedmont Office Realty Trust (PDM) stock is a good choice for value-oriented investors right now from multiple angles.

11 months ago - Zacks Investment Research

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...

11 months ago - GlobeNewsWire

Debt is something that gives you the chills since it brings with it the burden of repayment with additional interest in the future. So investors should choose stocks prudently

Other stocks mentioned: DSGX, LAKE, MEDP, WST
1 year ago - Zacks Investment Research

Piedmont Office Realty Trust, Inc.'s (PDM) CEO Brent Smith on Q2 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

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...

1 year ago - GlobeNewsWire

Piedmont Office Realty (NYSE: PDM) announces its next round of earnings this Wednesday, July 29.

1 year ago - Benzinga

We have screened bargain stocks based on EV-to-EBITDA ratio that offers a clearer picture of a company's valuation and earnings potential.

Other stocks mentioned: KEP, LH, PAGP, PFG
1 year ago - Zacks Investment Research

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...

1 year ago - GlobeNewsWire

See two of the featured stocks from this month’s model portfolios.

Other stocks mentioned: JPM
1 year ago - Forbes

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...

1 year ago - GlobeNewsWire

Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

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...

1 year ago - GlobeNewsWire

Piedmont Office Realty Trust has been struggling lately, but the selling pressure may be coming to an end soon.

1 year ago - Zacks Investment Research

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...

1 year ago - GlobeNewsWire

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”...

1 year ago - GlobeNewsWire

On 10th Anniversary of IPO, Donald A. Miller Steps Down from Board On 10th Anniversary of IPO, Donald A. Miller Steps Down from Board

1 year ago - GlobeNewsWire

Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

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 ...

1 year ago - GlobeNewsWire

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?

Other stocks mentioned: RF, SLG
1 year ago - Zacks Investment Research

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?

Other stocks mentioned: OFC, RHP
1 year ago - Zacks Investment Research

Office REITs likely to hold up well in the near term, given stellar U.S. job report, resilient macro-economic conditions and stable fundamentals.

Other stocks mentioned: CUZ, KRC
1 year ago - Zacks Investment Research

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?

Other stocks mentioned: MFC, OFC
1 year ago - Zacks Investment Research

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?

Other stocks mentioned: GIS, RHP
1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

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...

Other stocks mentioned: MGIC, OFC
1 year ago - Zacks Investment Research

Piedmont Office Realty Trust, Inc. (PDM) CEO Brent Smith on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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
Full Company Profile

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%.

Financial Statements

Analyst Forecasts

According to 3 analysts, the average rating for PDM stock is "Buy." The 12-month stock price forecast is 22.50, which is an increase of 22.48% from the latest price.

Price Target
$22.50
(22.48% upside)
Analyst Consensus: Buy