Piedmont Office Realty Trust, Inc. (PDM)
Total Valuation
PDM has a market cap or net worth of $1.65 billion. The enterprise value is $3.31 billion.
| Market Cap | 1.65B |
| Enterprise Value | 3.31B |
Important Dates
The next earnings date is Wednesday, July 27, 2022, after market close.
| Estimated Earnings Date | Jul 27, 2022 |
| Ex-Dividend Date | May 26, 2022 |
Share Statistics
PDM has 123.33 million shares outstanding. The number of shares has decreased by -0.58% in one year.
| Shares Outstanding | 123.33M |
| Shares Change (YoY) | -0.58% |
| Shares Change (QoQ) | -0.42% |
| Owned by Insiders (%) | 0.92% |
| Owned by Institutions (%) | 85.98% |
| Float | 121.86M |
Valuation Ratios
| PE Ratio | 33.45 |
| Forward PE | n/a |
| PS Ratio | 3.08 |
| PB Ratio | 0.90 |
| P/FCF Ratio | 70.57 |
| PEG Ratio | 10.18 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.90, with a EV/FCF ratio of 141.60.
| EV / Earnings | 66.93 |
| EV / Sales | 6.18 |
| EV / EBITDA | 10.90 |
| EV / EBIT | 32.44 |
| EV / FCF | 141.60 |
Financial Position
The company has a current ratio of n/a, with a Debt / Equity ratio of 0.91.
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.91 |
| Debt / EBITDA | 5.50 |
| Debt / FCF | 71.40 |
Financial Efficiency
Return on equity (ROE) is 2.70%, which is considered low. The company has a high ROIC of 1.90%.
| Return on Equity (ROE) | 2.70% |
| Return on Assets (ROA) | 1.30% |
| Return on Capital (ROIC) | 1.90% |
| Revenue Per Employee | $4.00M |
| Profits Per Employee | $369,157 |
| Employee Count | 134 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -28.33% in the last 52 weeks. The beta is 0.94, so PDM's price volatility has been similar to the market average.
| Beta (1Y) | 0.94 |
| 52-Week Price Change | -28.33% |
| 50-Day Moving Average | 13.90 |
| 200-Day Moving Average | 16.13 |
| Average Volume (30 Days) | 878,893 |
Short Selling Information
The latest short interest is 2.66 million, so 2.15% of the outstanding shares have been sold short.
| Short Interest | 2.66M |
| Short % of Shares Out | 2.15% |
| Short % of Float | 2.18% |
| Short Ratio (days to cover) | 3.24 |
Income Statement
In the last 12 months, PDM had revenue of $535.60 million and earned 49.47 million in profits. Earnings per share was $0.40.
| Revenue | 535.60M |
| Gross Profit | 322.47M |
| Operating Income | 41.52M |
| Net Income | 49.47M |
| EBITDA | 303.74M |
| EBIT | 102.08M |
| Earnings Per Share (EPS) | $0.40 |
Balance Sheet
The company has $8.67 million in cash and $1.67 billion in debt, giving a net cash position of -$1.66 billion or -$13.47 per share.
| Cash & Cash Equivalents | 8.67M |
| Total Debt | 1.67B |
| Net Cash | -1.66B |
| Net Cash Per Share | -$13.47 |
| Book Value | 1.83B |
| Book Value Per Share | 14.83 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $235.23 million and capital expenditures -$211.85 million, giving a free cash flow of $23.38 million.
| Operating Cash Flow | 235.23M |
| Capital Expenditures | -211.85M |
| Free Cash Flow | 23.38M |
| FCF Per Share | $0.19 |
Margins
Gross margin is 60.21%, with operating and profit margins of 7.75% and 9.24%.
| Gross Margin | 60.21% |
| Operating Margin | 7.75% |
| Pretax Margin | n/a |
| Profit Margin | 9.24% |
| EBITDA Margin | 56.71% |
| EBIT Margin | 19.06% |
| FCF Margin | 4.37% |
Dividends & Yields
This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 6.28%.
| Dividend Per Share | $0.84 |
| Dividend Yield | 6.28% |
| Earnings Yield | 3.00% |
| FCF Yield | 1.42% |
| Dividend Growth (YoY) | 0.00% |
| Payout Ratio | 210.00% |
| Buyback Yield | 0.76% |
| Shareholder Yield | 7.03% |
Analyst Forecast
The average price target for PDM is $21.42, which is 60.09% higher than the current price. The consensus rating is "Buy".
| Price Target | $21.42 |
| Price Target Difference | 60.09% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Stock Splits
The last stock split was on February 10, 2010. It was a reverse split with a ratio of 1:12.
| Last Split Date | Feb 10, 2010 |
| Split Type | Reverse |
| Split Ratio | 1:12 |