Piedmont Office Realty Stock Today
| PDM Stock | USD 9.78 0.34 3.60% |
Performance2 of 100
| Odds Of DistressOver 52
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Piedmont Office is selling at 9.78 as of the 27th of November 2024; that is 3.60 percent increase since the beginning of the trading day. The stock's lowest day price was 9.36. Piedmont Office has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Piedmont Office Realty are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 10th of February 2010 | Category Real Estate |
is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. The company has 124 M outstanding shares of which 4.04 M shares are at this time shorted by investors with about 6.4 days to cover. More on Piedmont Office Realty
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Piedmont Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | Christopher Smith | ||||
| Thematic Idea | Real Estate (View all Themes) | ||||
| Old Names | [Palladium One Mining, PIEDMONT NATUR.GAS, PIEDMONT NATUR.GAS - Frankfurt Stock Exchang] | ||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Real Estate, Diversified REITs, REIT—Office, Real Estate (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsPiedmont Office can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Piedmont Office's financial leverage. It provides some insight into what part of Piedmont Office's total assets is financed by creditors.
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Piedmont Office Realty (PDM) is traded on New York Stock Exchange in USA. It is located in 5565 Glenridge Connector, Atlanta, GA, United States, 30342-4788 and employs 150 people. Piedmont Office is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.21 B. Piedmont Office Realty runs under Diversified REITs sector within Real Estate industry. The entity has 124 M outstanding shares of which 4.04 M shares are at this time shorted by investors with about 6.4 days to cover.
Piedmont Office Realty has about 16.54 M in cash with 210.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Piedmont Office Probability Of Bankruptcy
Ownership AllocationPiedmont Office owns a total of 124 Million outstanding shares. The majority of Piedmont Office Realty outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Piedmont Office Realty to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Piedmont Office. Please pay attention to any change in the institutional holdings of Piedmont Office Realty as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Piedmont Ownership Details
Piedmont Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Vision Capital Corp | 2024-09-30 | 2.1 M | |
| Prudential Financial Inc | 2024-09-30 | 2 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 1.8 M | |
| Glenmede Trust Co Na | 2024-09-30 | 1.7 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.7 M | |
| Amvescap Plc. | 2024-06-30 | 1.6 M | |
| Northern Trust Corp | 2024-09-30 | 1.5 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 1.5 M | |
| Hudson Bay Capital Management Lp | 2024-09-30 | 1.4 M | |
| Vanguard Group Inc | 2024-09-30 | 19.4 M | |
| Blackrock Inc | 2024-06-30 | 16.9 M |
Piedmont Office Historical Income Statement
Piedmont Stock Against Markets
Piedmont Office Corporate Directors
| Barbara Lang | Independent Director | Profile | |
| Kelly Barrett | Independent Director | Profile | |
| Wesley Cantrell | Independent Director | Profile | |
| Jeffrey Swope | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Office. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.5 | Earnings Share (0.63) | Revenue Per Share 4.621 | Quarterly Revenue Growth (0.05) |
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.