NYSE:PDM Piedmont Office Realty Trust (PDM) Stock Price, News & Analysis → Urgent new message from Porter Stansberry (From Porter & Company) (Ad) Free PDM Stock Alerts $6.28 -0.04 (-0.63%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$6.24▼$6.3350-Day Range$5.97▼$7.4252-Week Range$4.91▼$8.05Volume486,035 shsAverage Volume933,021 shsMarket Capitalization$777.46 millionP/E RatioN/ADividend Yield7.96%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 InterestHealthy2.26% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.82Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.30%From $1.51 to $1.43 Per ShareSee 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.1.54 out of 5 starsFinance Sector732nd out of 881 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. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.26% 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 2.9, 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 increased by 17.52%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipPiedmont Office Realty Trust is a leading dividend payer. It pays a dividend yield of 7.97%, 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 34.97% next year. This indicates that Piedmont Office Realty Trust will be able to sustain or increase its 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 3.2 News and Social Media Coverage News SentimentPiedmont Office Realty Trust has a news sentiment score of 0.82. 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 0.62 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 1 people have searched for PDM on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows6 people have added Piedmont Office Realty Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 1.17% of the stock of Piedmont Office Realty Trust is held by insiders.Percentage Held by Institutions84.72% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Piedmont Office Realty Trust are expected to decrease by -5.30% in the coming year, from $1.51 to $1.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Piedmont Office Realty Trust is -15.70, 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 -15.70, 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 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Bull ReportThe AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.Click here to see who's preparing to meet these needs 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 HeadlinesMarch 18, 2024 | americanbankingnews.comPiedmont Office Realty Trust (NYSE:PDM) versus WeWork (NYSE:WEWKQ) Head to Head ReviewMarch 17, 2024 | americanbankingnews.comPiedmont Office Realty Trust, Inc. (NYSE:PDM) Short Interest Up 17.5% in FebruaryMarch 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: February 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 ResultsMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.February 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 NowFebruary 1, 2024 | wsj.comPiedmont Office Realty Trust Inc. Cl AFebruary 1, 2024 | finance.yahoo.comPIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDENDJanuary 22, 2024 | seekingalpha.comPiedmont Office: Steep Discount To Book And A Covered 7% Dividend YieldJanuary 16, 2024 | finance.yahoo.comPiedmont Office Realty Trust Announces Tax Treatment of 2023 DividendsJanuary 11, 2024 | finance.yahoo.comPiedmont Office Realty Trust, Inc. to Report Fourth Quarter and Annual 2023 Financial ResultsDecember 5, 2023 | finance.yahoo.comPiedmont Office Realty Trust Announces Pricing of an Add-on Offering of Senior NotesNovember 5, 2023 | seekingalpha.comPiedmont Office: Most Risks Addressed Following Renewal Of Largest TenantNovember 1, 2023 | finance.yahoo.comPiedmont Office Realty Trust, Inc. (NYSE:PDM) Q3 2023 Earnings Call TranscriptNovember 1, 2023 | finance.yahoo.comQ3 2023 Piedmont Office Realty Trust Inc Earnings CallOctober 31, 2023 | finanznachrichten.dePiedmont Office Realty Trust, Inc.: Piedmont Office Realty Trust Reports Third Quarter 2023 ResultsOctober 30, 2023 | finance.yahoo.comGE Vernova Chooses Piedmont’s Atlanta Galleria for New Strategic HubOctober 30, 2023 | finance.yahoo.comU.S. BANCORP RENEWS 447,000 SF HEADQUARTERS IN MINNEAPOLIS, MNOctober 30, 2023 | finance.yahoo.comPiedmont Office Realty Trust Inc (PDM) Reports Q3 2023 EarningsOctober 30, 2023 | finance.yahoo.comPiedmont Office Realty Trust Reports Third Quarter 2023 ResultsOctober 5, 2023 | finance.yahoo.comPiedmont Office Realty Trust, Inc. to Report Third Quarter 2023 Financial ResultsOctober 3, 2023 | seekingalpha.comPiedmont Office: Calamitous Drops Don't Scare Us Out Of The GameSee 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 Ex-Dividend for 1/2 Dividend11/22/2023Dividend Payable1/02/2024Last Earnings2/07/2024Ex-Dividend for 3/15 Dividend2/22/2024Dividend Payable3/15/2024Today3/18/2024Next Earnings (Estimated)5/06/2024Fiscal 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)($0.40) Trailing P/E RatioN/A Forward P/E Ratio4.16 P/E GrowthN/ANet Income$-48,390,000.00 Net Margins-8.38% Pretax Margin-8.37% Return on Equity-2.72% Return on Assets-1.18% Debt Debt-to-Equity Ratio1.19 Current Ratio1.49 Quick Ratio1.49 Sales & Book Value Annual Sales$577.76 million Price / Sales1.35 Cash Flow$1.49 per share Price / Cash Flow4.21 Book Value$13.93 per share Price / Book0.45Miscellaneous Outstanding Shares123,800,000Free Float122,353,000Market Cap$777.46 million OptionableOptionable Beta1.14 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Christopher Brent Smith (Age 48)President, CEO & Director Comp: $1.55MMr. Robert E. Bowers CPA (Age 67)CFO, Executive VP & Chief Administrative Officer Comp: $922.17kMr. George M. Wells (Age 61)Executive VP & COO Comp: $767.25kMr. Christopher A. Kollme (Age 52)Executive Vice President of Investments & Strategy Comp: $731kMr. Robert K. Wiberg (Age 68)Executive VP of Northeast Region & Co-Head of Development Comp: $612.17kMs. 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 CompetitorsNexPoint Residential TrustNYSE:NXRTLakeland BancorpNASDAQ:LBAIBlackRock MuniYield Quality Fund IIINYSE:MYIWorld AcceptanceNASDAQ:WRLDFirst BancsharesNASDAQ:FBMSView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 22,189 shares on 3/11/2024Ownership: 15.206%Wellington Management Group LLPBought 167,262 shares on 3/5/2024Ownership: 0.971%Goldman Sachs Group Inc.Sold 371,454 shares on 3/1/2024Ownership: 0.904%Price T Rowe Associates Inc. MDBought 2,133 shares on 2/16/2024Ownership: 0.077%GSA Capital Partners LLPBought 32,273 shares on 2/16/2024Ownership: 0.026%View All Insider TransactionsView 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 on January 1st, 2024. Since then, PDM stock has decreased by 11.7% and is now trading at $6.28. View the best growth stocks for 2024 here. Are investors shorting Piedmont Office Realty Trust? Piedmont Office Realty Trust saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 2,750,000 shares, an increase of 17.5% from the February 14th total of 2,340,000 shares. Based on an average daily trading volume, of 960,600 shares, the days-to-cover ratio is currently 2.9 days. Approximately 2.3% of the shares of the company are short sold. 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 Monday, May 6th 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 earnings results on Wednesday, February, 7th. The real estate investment trust reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.42 by $0.65. The real estate investment trust earned $145.33 million during the quarter, compared to analysts' expectations of $146.37 million. Piedmont Office Realty Trust had a negative trailing twelve-month return on equity of 2.72% and a negative net margin of 8.38%. 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 Thursday, February 1st. Shareholders of record on Friday, February 23rd will be given a dividend of $0.125 per share on Friday, March 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 7.96%. The ex-dividend date of this dividend is Thursday, February 22nd. 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 7.97%. 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 ALPS REIT Dividend Dogs ETF (RDOG) and GraniteShares HIPS US High Income ETF (HIPS).Hoya Capital High Dividend Yield ETF (RIET). What guidance has Piedmont Office Realty Trust issued on next quarter's earnings? Piedmont Office Realty Trust issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of 1.460-1.560 for the period, compared to the consensus estimate of 1.530. 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 variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.22%), Vanguard Group Inc. (15.21%), Private Management Group Inc. (3.73%), LSV Asset Management (3.63%), Charles Schwab Investment Management Inc. (2.76%) and Nuveen Asset Management LLC (1.76%). 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. 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