Piedmont Office Realty Trust, Inc. (PDM)
NYSE: PDM · IEX Real-Time Price · USD
6.50
+0.14 (2.20%)
Apr 19, 2024, 4:00 PM EDT - Market closed
PDM Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for PDM stock has a target of 11, which predicts an increase of 69.23% from the current stock price of 6.50.
Analyst Consensus: Hold
* Price targets were last updated on Jun 23, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for PDM is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | +69.23% | Jun 23, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $17 → $14 | Hold | Maintains | $17 → $14 | +115.38% | Dec 2, 2022 |
| Truist Securities | Truist Securities | Strong Buy Maintains $21 → $17 | Strong Buy | Maintains | $21 → $17 | +161.54% | Jun 30, 2022 |
| Stifel | Stifel | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 3, 2020 |
| Baird | Baird | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jan 7, 2020 |
Financial Forecast
Revenue This Year
576.88M
from 577.76M
Decreased by -0.15%
Revenue Next Year
551.90M
from 576.88M
Decreased by -4.33%
EPS This Year
-0.20
from -0.39
EPS Next Year
-0.24
from -0.20
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 610.4M | 596.3M |
| Avg | 576.9M | 551.9M |
| Low | 549.8M | 514.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 5.7% | 3.4% |
| Avg | -0.2% | -4.3% |
| Low | -4.8% | -10.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.21 | -0.25 |
| Avg | -0.20 | -0.24 |
| Low | -0.20 | -0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.