Piedmont Office Realty Trust, Inc. (PDM)
NYSE: PDM · Real-Time Price · USD
8.76
+0.24 (2.82%)
Dec 20, 2024, 4:00 PM EST - Market closed
PDM Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for PDM stock have an average target of 11, which predicts an increase of 25.57% from the current stock price of 8.76.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 1, 2024.
Analyst Ratings
The average analyst rating for PDM stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +25.57% | Nov 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $10 → $11 | Strong Buy | Reiterates | $10 → $11 | +25.57% | Aug 14, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | +25.57% | Jun 23, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $17 → $14 | Hold | Maintains | $17 → $14 | +59.82% | Dec 2, 2022 |
| Truist Securities | Truist Securities | Strong Buy Maintains $21 → $17 | Strong Buy | Maintains | $21 → $17 | +94.06% | Jun 30, 2022 |
Financial Forecast
Revenue This Year
578.64M
Revenue Next Year
579.66M
from 578.64M
Increased by 0.18%
EPS This Year
-0.40
from -0.39
EPS Next Year
-0.10
from -0.40
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 608.0M | 617.4M | 594.3M |
| Avg | 578.6M | 579.7M | 569.1M |
| Low | 555.5M | 548.6M | 549.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 6.7% | 2.5% |
| Avg | - | 0.2% | -1.8% |
| Low | - | -5.2% | -5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.42 | -0.11 | 0.05 |
| Avg | -0.40 | -0.10 | 0.05 |
| Low | -0.39 | -0.10 | 0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.