NYSE:PDM Piedmont Office Realty Trust (PDM) Stock Price, News & Analysis → You missed the class - here’s your second chance (From DTI) (Ad) Free PDM Stock Alerts $7.20 -0.02 (-0.28%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$7.18▼$7.2750-Day Range$6.25▼$7.3452-Week Range$4.91▼$8.05Volume340,200 shsAverage Volume672,742 shsMarket Capitalization$892.02 millionP/E RatioN/ADividend Yield6.94%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Piedmont Office Realty Trust alerts: Email Address Piedmont Office Realty Trust MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy2.21% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.01Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.38 out of 5 starsFinance Sector602nd out of 866 stocksNonresidential Building Operators Industry2nd out of 4 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Piedmont Office Realty Trust.Read more about Piedmont Office Realty Trust's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.21% of the float of Piedmont Office Realty Trust has been sold short.Short Interest Ratio / Days to CoverPiedmont Office Realty Trust has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Piedmont Office Realty Trust has recently decreased by 15.94%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPiedmont Office Realty Trust is a leading dividend payer. It pays a dividend yield of 6.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPiedmont Office Realty Trust does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Piedmont Office Realty Trust will have a dividend payout ratio of 33.33% next year. This indicates that Piedmont Office Realty Trust will be able to sustain or increase its dividend.Read more about Piedmont Office Realty Trust's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PDM. Previous Next 2.8 News and Social Media Coverage News SentimentPiedmont Office Realty Trust has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Piedmont Office Realty Trust this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for PDM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Piedmont Office Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Piedmont Office Realty Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.29% of the stock of Piedmont Office Realty Trust is held by insiders.Percentage Held by Institutions84.48% of the stock of Piedmont Office Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Piedmont Office Realty Trust's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Piedmont Office Realty Trust are expected to remain at $1.50 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Piedmont Office Realty Trust is -11.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Piedmont Office Realty Trust is -11.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPiedmont Office Realty Trust has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Piedmont Office Realty Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. About Piedmont Office Realty Trust Stock (NYSE:PDM)Piedmont Office Realty Trust, Inc. (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust ("REIT") with local management offices in each of its markets and is investment-grade rated by Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.Read More PDM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PDM Stock News HeadlinesMay 14, 2024 | finance.yahoo.comTravel + Leisure Chooses Piedmont’s 501 W. Church Building in Downtown Orlando for New Headquarters LocationMay 14, 2024 | globenewswire.comTravel + Leisure Chooses Piedmont's 501 W. Church Building in Downtown Orlando for New Headquarters LocationMay 13, 2024 | americanbankingnews.comShort Interest in Piedmont Office Realty Trust, Inc. (NYSE:PDM) Declines By 15.9%May 3, 2024 | money.usnews.comPiedmont Office Realty Trust Inc - Ordinary Shares - Class AMay 2, 2024 | msn.comREITs close April at larger discounts to NAV per share estimatesMay 2, 2024 | finance.yahoo.comPiedmont Office Realty Trust Inc (PDM) Q1 2024 Earnings Call Transcript Highlights: Strategic ...May 2, 2024 | gurufocus.comQ1 2024 Piedmont Office Realty Trust Inc Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comQ1 2024 Piedmont Office Realty Trust Inc Earnings CallMay 1, 2024 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on Piedmont Office (PDM)April 30, 2024 | globenewswire.comPiedmont Office Realty Trust Reports First Quarter 2024 ResultsApril 30, 2024 | markets.businessinsider.comHere's what to expect from Piedmont Office Realty Trust A's earnings reportApril 29, 2024 | bizjournals.comReal estate roundup: Office conversion update, PSU conference takeaways, new TJsApril 24, 2024 | globenewswire.comPiedmont Office Realty Trust Declares Second Quarter DividendApril 16, 2024 | bizjournals.comMeet Terri Bass, social worker turned luxury real estate agentApril 9, 2024 | globenewswire.comPiedmont Office Realty Trust, Inc. to Report First Quarter 2024 Financial ResultsApril 6, 2024 | cnn.comPiedmont Office Realty Trust, Inc. Class AMarch 28, 2024 | globenewswire.comPiedmont Office Realty Trust Earns ENERGY STAR® Partner Of The Year Sustained ExcellenceMarch 20, 2024 | globenewswire.comPiedmont Completes Sale of One Lincoln ParkFebruary 13, 2024 | finance.yahoo.comIs Piedmont Office Realty Trust (PDM) a Great Value Stock Right Now?February 9, 2024 | finance.yahoo.comPiedmont Office Realty Trust, Inc. (NYSE:PDM) Q4 2023 Earnings Call TranscriptFebruary 9, 2024 | finanznachrichten.dePiedmont Office Realty Trust, Inc.: Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2023 ResultsFebruary 9, 2024 | finance.yahoo.comQ4 2023 Piedmont Office Realty Trust Inc Earnings CallFebruary 7, 2024 | finance.yahoo.comPiedmont Office Realty Trust Reports Fourth Quarter and Annual 2023 ResultsFebruary 4, 2024 | msn.comPamela Price recall: A hedge fund partner from Piedmont is spending big to help oust Alameda County’s new top prosecutorFebruary 2, 2024 | finance.yahoo.comHere's Why Piedmont Office (PDM) Is a Great 'Buy the Bottom' Stock NowSee More Headlines Receive PDM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Piedmont Office Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/27/2021Ex-Dividend for 3/15 Dividend2/22/2024Dividend Payable3/15/2024Today5/18/2024Ex-Dividend for 6/14 Dividend5/23/2024Dividend Payable6/14/2024Next Earnings (Estimated)7/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Nonresidential building operators Sub-IndustryOffice REITs Current SymbolNYSE:PDM CUSIP72019020 CIK1042776 Webwww.piedmontreit.com Phone(770) 418-8800Fax770-418-8900Employees150Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.61) Trailing P/E RatioN/A Forward P/E Ratio4.80 P/E GrowthN/ANet Income$-48,390,000.00 Net Margins-12.90% Pretax Margin-12.89% Return on Equity-4.29% Return on Assets-1.84% Debt Debt-to-Equity Ratio1.23 Current Ratio1.90 Quick Ratio1.90 Sales & Book Value Annual Sales$579.93 million Price / Sales1.54 Cash Flow$1.48 per share Price / Cash Flow4.85 Book Value$13.58 per share Price / Book0.53Miscellaneous Outstanding Shares123,891,000Free Float122,293,000Market Cap$892.02 million OptionableOptionable Beta1.14 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Christopher Brent Smith (Age 48)President, CEO & Director Comp: $1.77MMr. Robert E. Bowers CPA (Age 67)CFO, Executive VP & Chief Administrative Officer Comp: $960.17kMr. George M. Wells (Age 61)Executive VP & COO Comp: $855.25kMr. Christopher A. Kollme (Age 52)Executive Vice President of Investments & Strategy Comp: $744kMr. Robert K. Wiberg (Age 68)Executive Vice President of Northeast Region Comp: $620.17kMs. Laura P. Moon (Age 53)Chief Accounting Officer & Senior VP Comp: $327.67kThomas A. McKeanSenior VP, Associate General Counsel & Corporate SecretaryMs. Lisa M. TylerVice President of Human ResourceMr. Damian J. Miller CFAExecutive Vice President of Dallas - Southwest RegionMr. Kevin D. FossumExecutive Vice President of Property ManagementMore ExecutivesKey CompetitorsBridge Investment GroupNYSE:BRDGAMERISAFENASDAQ:AMSFGuildNYSE:GHLDBlackRock MuniYield Quality FundNYSE:MQYSLR InvestmentNASDAQ:SLRCView All CompetitorsInstitutional OwnershipTidal Investments LLCBought 15,398 shares on 5/17/2024Ownership: 0.030%Caxton Associates LPSold 53,571 shares on 5/16/2024Ownership: 0.196%California State Teachers Retirement SystemSold 6,916 shares on 5/16/2024Ownership: 0.100%Bayesian Capital Management LPBought 11,500 shares on 5/16/2024Ownership: 0.009%Price T Rowe Associates Inc. MDBought 5,386 shares on 5/15/2024Ownership: 0.081%View All Institutional Transactions PDM Stock Analysis - Frequently Asked Questions How have PDM shares performed in 2024? Piedmont Office Realty Trust's stock was trading at $7.11 at the beginning of the year. Since then, PDM stock has increased by 1.3% and is now trading at $7.20. View the best growth stocks for 2024 here. Are investors shorting Piedmont Office Realty Trust? Piedmont Office Realty Trust saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,690,000 shares, a decline of 15.9% from the April 15th total of 3,200,000 shares. Based on an average trading volume of 840,800 shares, the short-interest ratio is presently 3.2 days. Approximately 2.2% of the shares of the stock are sold short. View Piedmont Office Realty Trust's Short Interest. When is Piedmont Office Realty Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024. View our PDM earnings forecast. How were Piedmont Office Realty Trust's earnings last quarter? Piedmont Office Realty Trust, Inc. (NYSE:PDM) released its quarterly earnings data on Wednesday, October, 27th. The real estate investment trust reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The real estate investment trust earned $131.10 million during the quarter, compared to analyst estimates of $130.87 million. Piedmont Office Realty Trust had a negative net margin of 12.90% and a negative trailing twelve-month return on equity of 4.29%. The company's quarterly revenue was down .5% on a year-over-year basis. During the same quarter last year, the company posted $0.48 EPS. How often does Piedmont Office Realty Trust pay dividends? What is the dividend yield for Piedmont Office Realty Trust? Piedmont Office Realty Trust announced a quarterly dividend on Wednesday, April 24th. Investors of record on Friday, May 24th will be paid a dividend of $0.125 per share on Friday, June 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date of this dividend is Thursday, May 23rd. Read our dividend analysis for PDM. Is Piedmont Office Realty Trust a good dividend stock? Piedmont Office Realty Trust (NYSE:PDM) pays an annual dividend of $0.50 per share and currently has a dividend yield of 6.93%. PDM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PDM. What ETFs hold Piedmont Office Realty Trust's stock? ETFs with the largest weight of Piedmont Office Realty Trust (NYSE:PDM) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY), VanEck Office and Commercial REIT ETF (DESK) and Cambria Global Real Estate ETF (BLDG).Hoya Capital High Dividend Yield ETF (RIET). What guidance has Piedmont Office Realty Trust issued on next quarter's earnings? Piedmont Office Realty Trust updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of 1.460-1.560 for the period, compared to the consensus earnings per share estimate of 1.520. The company issued revenue guidance of -. What other stocks do shareholders of Piedmont Office Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Piedmont Office Realty Trust investors own include STORE Capital (STOR), VEREIT (VER), Brandywine Realty Trust (BDN), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Spirit Realty Capital (SRC), AGNC Investment (AGNC), Apple Hospitality REIT (APLE) and Preferred Apartment Communities (APTS). Who are Piedmont Office Realty Trust's major shareholders? Piedmont Office Realty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.51%), Private Management Group Inc. (3.74%), LSV Asset Management (3.62%), Wilsey Asset Management Inc. (2.10%), Nordea Investment Management AB (0.67%) and SG Americas Securities LLC (0.48%). Insiders that own company stock include Barbara B Lang, Christopher Brent Smith, Dale H Taysom, Edward H Guilbert III, Glenn Gary Cohen, Laura P Moon and Robert E Bowers. View institutional ownership trends. How do I buy shares of Piedmont Office Realty Trust? Shares of PDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PDM) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingDems have chosen Biden replacement?Paradigm PressThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaA letter is coming from the "Bureau of the Fiscal Service".Stansberry ResearchCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlaceBill Clinton Backing Biden Replacement???The Freeport SocietyUrgent Nvidia WarningAltimetryForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Piedmont Office Realty Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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