Piedmont Office Realty Trust, Inc. (PDM)
| Market Cap | 1.90B |
| Revenue (ttm) | 535.60M |
| Net Income (ttm) | 49.47M |
| Shares Out | 123.33M |
| EPS (ttm) | 0.40 |
| PE Ratio | 38.63 |
| Forward PE | n/a |
| Dividend | $1.05 (6.83%) |
| Ex-Dividend Date | May 26, 2022 |
| Volume | 155,458 |
| Open | 15.37 |
| Previous Close | 15.46 |
| Day's Range | 15.29 - 15.57 |
| 52-Week Range | 14.56 - 20.35 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 21.42 (+39.3%) |
| Earnings Date | Apr 27, 2022 |
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...
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for PDM stock is "Buy." The 12-month stock price forecast is 21.42, which is an increase of 39.32% from the latest price.
News
Piedmont Office Realty Trust Leases Kimley-Horn Over 60,000 Square Feet in Downtown Orlando
Atlanta, May 11, 2022 (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 Kimley-...
Piedmont Office Realty Trust Earns ENERGY STAR® Partner of the Year Award for Second Year in a Row
Atlanta, May 10, 2022 (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 the U.S...
Piedmont Office (PDM) Meets Q1 FFO Estimates
Piedmont Office (PDM) delivered FFO and revenue surprises of 0% and 0.20%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Piedmont Office Realty Trust Reports First Quarter 2022 Results
Atlanta, April 27, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today ann...
Piedmont Office Realty Trust, Inc to Report First Quarter 2022 Financial Results
Atlanta, April 12, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Wednesday, April 27, 2022, after...
Piedmont Office Realty Trust Awarded The WELL Health-Safety Rating for Entire Portfolio
Atlanta, March 30, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today it has ear...
Piedmont Office Realty Trust Announces Receipt of Proceeds From Payoff of New Jersey Notes Receivable
Atlanta, March 29, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (the “Company”) announced today that it has received approximately $119 million in proceeds from the payoff of two no...
Leading Provider of Construction Systems Chooses Piedmont's Atlanta Galleria for New Corporate Headquarters
Atlanta, March 23, 2022 (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 ha...
Piedmont Office Realty Trust Secures Large Renewal in Irving, TX
Atlanta, March 17, 2022 (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 ha...
Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2021 Results
Atlanta, Feb. 07, 2022 (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...
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND
Atlanta, Feb. 02, 2022 (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 regula...
PIEDMONT OFFICE REALTY TRUST ANNOUNCES TAX TREATMENT OF 2021 DIVIDENDS
Atlanta, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2021 common stock divide...
Piedmont Office Realty Trust, Inc to Report Fourth Quarter and Annual 2021 Financial Results
Atlanta, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter financial results on Monday, February 7, 2022, after ...
Piedmont Office (PDM) Q3 FFO and Revenues Top Estimates
Piedmont Office (PDM) delivered FFO and revenue surprises of 2.04% and 0.06%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Piedmont Office Realty Trust Reports Third Quarter 2021 Results and Raises Guidance
Atlanta, Oct. 27, 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...
Piedmont Office Realty Trust, Inc to Report Third Quarter 2021 Financial Results
Atlanta, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Wednesday, October 27, 2021, afte...
Piedmont Office Realty Trust Announces Pricing of Senior Notes Offering
Atlanta, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP...
Is Piedmont Office (PDM) a Great Stock for Value Investors?
Let's see if Piedmont Office (PDM) stock is a good choice for value-oriented investors right now from multiple angles.
Piedmont Office (PDM) Q2 FFO Match Estimates
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?
Piedmont Office Realty Trust Reports Second Quarter 2021 Results and Raises Midpoint of 2021 Guidance
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...
Piedmont Office Realty Trust, Inc to Report Second Quarter 2021 Financial Results
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 ...
Piedmont Office Realty Trust Announces Completed Leasing Transactions through May and Real Estate Leadership Promotion
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'...
Piedmont Office (PDM) Q1 FFO Beat Estimates
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?
Piedmont Office Realty Trust Reports First Quarter 2021 Results
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....
PIEDMONT OFFICE REALTY TRUST EARNS 2021 ENERGY STAR® PARTNER OF THE YEAR AWARD
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...