Summary
9.94 -0.10(-1.00%)09/27/2024
Piedmont Office Realty Trust Inc (PDM)
Piedmont Office Realty Trust Inc (PDM)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.00 | 0.30 | 2.47 | 41.29 | 46.72 | 81.72 | -64.22 | -65.91 |
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| Trading Data | ||
| Close | 9.94 | |
| Open | 10.16 | |
| High | 10.16 | |
| Low | 9.92 | |
| Volume | 346,440 | |
| Change | -0.10 | |
| Change % | -1.00 | |
| Avg Volume (20 Days) | 630,167 | |
| Volume/Avg Volume (20 Days) Ratio | 0.55 | |
| 52 Week Range | 4.92 - 10.28 | |
| Price vs 52 Week High | -3.31% | |
| Price vs 52 Week Low | 102.03% | |
| Range | -2.17 | |
| Gap Up/Down | -0.09 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,245 | |
| EBIDTA | 201,578,000 | |
| PE Ratio | 62.0838 | |
| PEG Ratio | 10.1800 | |
| WallStreet Target Price | 22.00 | |
| Book Value | 14.9750 | |
| Earnings Per Share | 0.4257 | |
| EPS Estimate Current Quarter | 0.0800 | |
| EPS Estimate Next Quarter | 0.0900 | |
| EPS Estimate Current Year | 0.3200 | |
| EPS Estimate Next Year | 0.3700 | |
| Diluted EPS (TTM) | 0.4280 | |
| Revenues | ||
| Profit Marging | 0.1019 | |
| Operating Marging (TTM) | 0.1530 | |
| Return on asset (TTM) | 0.0133 | |
| Return on equity (TTM) | 2.8098 | |
| Revenue TTM | 522,075,008 | |
| Revenue per share TTM | 4.2000 | |
| Quarterly Revenue Growth (YOY) | -0.0050 | |
| Quarterly Earnings Growth (YOY) | 0.2860 | |
| Gross Profit (TTM) | 320,091,000 | |
| Dividends | ||
| Dividend Share | 0.8400 | |
| Dividend Yield | 0.0469 | |
| Valuations | ||
| Trailing PE | 41.6355 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.2100 | |
| Revenue Enterprise Value | 7.4822 | |
| EBITDA Enterprise Value | 12.7731 | |
| Shares | ||
| Shares Outstanding | 124,137,000 | |
| Shares Float | 122,904,143 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.77 | |
| Institutions (%) | 86.21 | |
09/06 10:40 EST - zacks.com
Are Investors Undervaluing Piedmont Office Realty Trust (PDM) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Piedmont Office Realty Trust (PDM) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
09/05 11:42 EST - seekingalpha.com
Piedmont Office: Core FFO Will Likely Trough In 2024 (Rating Upgrade)
Piedmont Office Realty Trust is an office REIT focused on the Sunbelt region, with the largest markets being Atlanta, Dallas, and Orlando. The REIT has significantly outperformed the Vanguard Real Estate Index Fund ETF in 2024, delivering a ~41% total return. Q2 2024 results were robust, but elevated interest rates prompted a downgrade in the full-year Core FFO expectations. I expect Core FFO to return to growth in 2025.
Piedmont Office: Core FFO Will Likely Trough In 2024 (Rating Upgrade)
Piedmont Office Realty Trust is an office REIT focused on the Sunbelt region, with the largest markets being Atlanta, Dallas, and Orlando. The REIT has significantly outperformed the Vanguard Real Estate Index Fund ETF in 2024, delivering a ~41% total return. Q2 2024 results were robust, but elevated interest rates prompted a downgrade in the full-year Core FFO expectations. I expect Core FFO to return to growth in 2025.
08/15 10:47 EST - zacks.com
Is Piedmont Office Realty Trust (PDM) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Piedmont Office Realty Trust (PDM) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
08/14 03:03 EST - watchdoguganda.com
President Museveni urges Ugandans to utilise Local Council systems to demand accountability from leaders
President Yoweri Kaguta Museveni has strongly reiterated his call to Ugandans to utilise Local Council (LC) systems for effective service delivery. According to the President, through proper usage of the systems, citizens are able to demand accountability from their leaders as far as government programs like the Parish Development Model (PDM) and Emyooga are concerned. […] The post President Museveni urges Ugandans to utilise Local Council systems to demand accountability from leaders appeared...
President Museveni urges Ugandans to utilise Local Council systems to demand accountability from leaders
President Yoweri Kaguta Museveni has strongly reiterated his call to Ugandans to utilise Local Council (LC) systems for effective service delivery. According to the President, through proper usage of the systems, citizens are able to demand accountability from their leaders as far as government programs like the Parish Development Model (PDM) and Emyooga are concerned. […] The post President Museveni urges Ugandans to utilise Local Council systems to demand accountability from leaders appeared...
08/06 08:00 EST - seekingalpha.com
Cash Cows: 9 High-Yield REITs With Safe Dividends
High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REITs. Seeking Alpha Premium offers a Dividend Safety grade for REITs. A grade of B- or better indicates a mere 1 in 50 risk of a dividend cut.
Cash Cows: 9 High-Yield REITs With Safe Dividends
High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REITs. Seeking Alpha Premium offers a Dividend Safety grade for REITs. A grade of B- or better indicates a mere 1 in 50 risk of a dividend cut.
07/31 20:30 EST - zacks.com
Piedmont Office (PDM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Piedmont Office (PDM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Piedmont Office (PDM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Piedmont Office (PDM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
07/31 19:15 EST - zacks.com
Piedmont Office (PDM) Q2 FFO Match Estimates
Piedmont Office (PDM) came out with quarterly funds from operations (FFO) of $0.37 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.45 per share a year ago.
Piedmont Office (PDM) Q2 FFO Match Estimates
Piedmont Office (PDM) came out with quarterly funds from operations (FFO) of $0.37 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.45 per share a year ago.
07/31 16:15 EST - globenewswire.com
Piedmont Office Realty Trust Reports Second Quarter 2024 Results
- Completes over one million square feet of leasing during the quarter - - Completes over one million square feet of leasing during the quarter -
Piedmont Office Realty Trust Reports Second Quarter 2024 Results
- Completes over one million square feet of leasing during the quarter - - Completes over one million square feet of leasing during the quarter -
07/25 16:25 EST - globenewswire.com
PIEDMONT OFFICE REALTY TRUST DECLARES THIRD QUARTER DIVIDEND
Atlanta, July 25, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the third quarter of 2024. The dividend will be paid on September 20, 2024 to stockholders of record as of the close of business on August 23, 2024.
PIEDMONT OFFICE REALTY TRUST DECLARES THIRD QUARTER DIVIDEND
Atlanta, July 25, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the third quarter of 2024. The dividend will be paid on September 20, 2024 to stockholders of record as of the close of business on August 23, 2024.
07/19 10:00 EST - seekingalpha.com
Picking A Winner In High-Yield REITs
REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avoid potential dividend cuts and share price sell-offs. Market cap, balance sheet strength, FFO growth forecast, dividend score, and price are key factors in identifying the best high-yield REIT for investment.
Picking A Winner In High-Yield REITs
REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avoid potential dividend cuts and share price sell-offs. Market cap, balance sheet strength, FFO growth forecast, dividend score, and price are key factors in identifying the best high-yield REIT for investment.
07/13 08:20 EST - watchdoguganda.com
Jinja’s 60-Year Old Mzee In Coolers For Stealing Dimes from Museveni’s Desperate Bazukulus
THEY say a thief has 40 days, and so the fortieth day for Nelson Bagaga the chairperson of Wansimba Parish Development Model (PDM), Butagaya Sub County in Jinja district came by surprise on Friday 11th July, 2024. Although old age is supposed to be synonymous with wisdom, Nelson Bagaga, aged 60 chose an opposite path […] The post Jinja’s 60-Year Old Mzee In Coolers For Stealing Dimes from Museveni’s Desperate Bazukulus appeared first on Watchdog Uganda...
Jinja’s 60-Year Old Mzee In Coolers For Stealing Dimes from Museveni’s Desperate Bazukulus
THEY say a thief has 40 days, and so the fortieth day for Nelson Bagaga the chairperson of Wansimba Parish Development Model (PDM), Butagaya Sub County in Jinja district came by surprise on Friday 11th July, 2024. Although old age is supposed to be synonymous with wisdom, Nelson Bagaga, aged 60 chose an opposite path […] The post Jinja’s 60-Year Old Mzee In Coolers For Stealing Dimes from Museveni’s Desperate Bazukulus appeared first on Watchdog Uganda...
07/09 16:15 EST - globenewswire.com
Piedmont Office Realty Trust, Inc. to Report Second Quarter 2024 Financial Results
Atlanta, July 09, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Wednesday, July 31, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, August 1, 2024 at 9:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the conference call, the Company's management team will review second quarter performance, discuss recent events, and conduct a question-and-answer period.
Piedmont Office Realty Trust, Inc. to Report Second Quarter 2024 Financial Results
Atlanta, July 09, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Wednesday, July 31, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, August 1, 2024 at 9:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the conference call, the Company's management team will review second quarter performance, discuss recent events, and conduct a question-and-answer period.
07/04 15:44 EST - investorplace.com
7 REITs Yielding 5% (or More) With Strong Upside Potential
For investors uncertain about broader market dynamics, real estate investment trusts or REITs offer an excellent avenue to put your money to work. I think it's safe to say that the number one reason people consider this sector is the often-robust passive income potential.
7 REITs Yielding 5% (or More) With Strong Upside Potential
For investors uncertain about broader market dynamics, real estate investment trusts or REITs offer an excellent avenue to put your money to work. I think it's safe to say that the number one reason people consider this sector is the often-robust passive income potential.
06/13 16:16 EST - globenewswire.com
Piedmont Office Realty Trust Announces Pricing of Senior Notes Offering
Atlanta, June 13, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 6.875% senior unsecured notes due 2029 at 98.993% of the principal amount. The offering is expected to close on June 25, 2024, subject to the satisfaction of customary closing conditions.
Piedmont Office Realty Trust Announces Pricing of Senior Notes Offering
Atlanta, June 13, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 6.875% senior unsecured notes due 2029 at 98.993% of the principal amount. The offering is expected to close on June 25, 2024, subject to the satisfaction of customary closing conditions.
06/03 16:15 EST - globenewswire.com
Piedmont REIT signs over 575,000 SF of Leases During April and May 2024
Atlanta, June 03, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company will be participating at this week's NAREIT Investor Conference in New York City. The Company will be noting that it has completed over 575,000 square feet of leasing thus far in the second quarter of 2024, with approximately 60% of this total leased square footage related to new tenants and bringing year-to-date leasing volume to approximately 1.1 million square feet.
Piedmont REIT signs over 575,000 SF of Leases During April and May 2024
Atlanta, June 03, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company will be participating at this week's NAREIT Investor Conference in New York City. The Company will be noting that it has completed over 575,000 square feet of leasing thus far in the second quarter of 2024, with approximately 60% of this total leased square footage related to new tenants and bringing year-to-date leasing volume to approximately 1.1 million square feet.
05/15 17:35 EST - seekingalpha.com
10 REITs At Mega Discounts To NAV
These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.
10 REITs At Mega Discounts To NAV
These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.
05/15 14:01 EST - zacks.com
Piedmont (PDM) Announces New Lease at 501 W. Church, Orlando
Piedmont's (PDM) securing of a new lease with Travel + Leisure at Downtown, Orlando highlights solid demand for its office buildings.
Piedmont (PDM) Announces New Lease at 501 W. Church, Orlando
Piedmont's (PDM) securing of a new lease with Travel + Leisure at Downtown, Orlando highlights solid demand for its office buildings.
05/14 16:15 EST - globenewswire.com
Travel + Leisure Chooses Piedmont's 501 W. Church Building in Downtown Orlando for New Headquarters Location
Will Result in the Relocation of Approximately 900 Jobs to Downtown Orlando Will Result in the Relocation of Approximately 900 Jobs to Downtown Orlando
Travel + Leisure Chooses Piedmont's 501 W. Church Building in Downtown Orlando for New Headquarters Location
Will Result in the Relocation of Approximately 900 Jobs to Downtown Orlando Will Result in the Relocation of Approximately 900 Jobs to Downtown Orlando
05/04 00:25 EST - watchdoguganda.com
Pakwach registers PDM success stories
Pokwero sub-county in Pakwach District has registered significant success stories of Parish Development Model (PDM) program. This follows a heartedly embrace of the program by the locals of the area. The revelation was made on Thursday at Pokwero sub-county during a meeting between the Special Presidential Assistant on Political Affairs, Mr. Owiny Alfred Thopacu and […] The post Pakwach registers PDM success stories appeared first on Watchdog Uganda...
Pakwach registers PDM success stories
Pokwero sub-county in Pakwach District has registered significant success stories of Parish Development Model (PDM) program. This follows a heartedly embrace of the program by the locals of the area. The revelation was made on Thursday at Pokwero sub-county during a meeting between the Special Presidential Assistant on Political Affairs, Mr. Owiny Alfred Thopacu and […] The post Pakwach registers PDM success stories appeared first on Watchdog Uganda...
05/01 01:07 EST - watchdoguganda.com
Dokolo residents advised to prioritise right enterprise selection to benefit from PDM program
The residents of Bata sub-county in Dokolo District have been advised to prioritise right enterprise selection if they are to fully benefit from the Parish Development Model (PDM) program. This was revealed by the Special Presidential Assistant on Political Affairs, Mr. Owiny Alfred Thopacu yesterday during a meeting that was convened at Atabu Primary School, […] The post Dokolo residents advised to prioritise right enterprise selection to benefit from PDM program appeared first on Watchdog Uga...
Dokolo residents advised to prioritise right enterprise selection to benefit from PDM program
The residents of Bata sub-county in Dokolo District have been advised to prioritise right enterprise selection if they are to fully benefit from the Parish Development Model (PDM) program. This was revealed by the Special Presidential Assistant on Political Affairs, Mr. Owiny Alfred Thopacu yesterday during a meeting that was convened at Atabu Primary School, […] The post Dokolo residents advised to prioritise right enterprise selection to benefit from PDM program appeared first on Watchdog Uga...