Piedmont Office Realty Trust, Inc. (PDM)

NYSE: PDM · IEX Real-Time Price · USD
13.38
+0.05 (0.38%)
Jul 5, 2022 4:00 PM EDT - Market closed

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 Forecasts

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