Piedmont Office Realty Trust, Inc. (PDM)
NYSE: PDM · Real-Time Price · USD
8.82
+0.04 (0.46%)
Jan 17, 2025, 4:00 PM EST - Market closed
PDM Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for PDM stock have an average target of 10.67, with a low estimate of 10 and a high estimate of 11. The average target predicts an increase of 20.98% from the current stock price of 8.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PDM stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy → Hold Downgrades $11 → $10 | Buy → Hold | Downgrades | $11 → $10 | +13.38% | Jan 16, 2025 |
| Baird | Baird | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +24.72% | Nov 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $10 → $11 | Strong Buy | Reiterates | $10 → $11 | +24.72% | Aug 14, 2024 |
| Baird | Baird | Buy Maintains $7.5 → $9.5 | Buy | Maintains | $7.5 → $9.5 | +7.71% | Jan 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | +24.72% | Jun 23, 2023 |
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.