PDM

Piedmont Office Realty Trust

7.30 USD
-0.07
0.95%
Updated Apr 1, 2:44 PM EDT
1 day
-0.95%
5 days
-1.22%
1 month
-1.35%
3 months
-19.43%
6 months
-26.26%
Year to date
-19.43%
1 year
8.79%
5 years
-54.35%
10 years
-60.77%
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

68% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 22

10% more call options, than puts

Call options by funds: $98K | Put options by funds: $89K

3% more funds holding

Funds holding: 242 [Q3] → 250 (+8) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]

0.65% less ownership

Funds ownership: 88.46% [Q3] → 87.81% (-0.65%) [Q4]

2% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 83

10% less capital invested

Capital invested by funds: $1.11B [Q3] → $996M (-$110M) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$9
23%
upside
Avg. target
$9.67
32%
upside
High target
$10
37%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
Truist Securities
Michael Lewis
66% 1-year accuracy
23 / 35 met price target
37%upside
$10
Buy
Reiterated
25 Feb 2025
Baird
David Rodgers
48% 1-year accuracy
14 / 29 met price target
23%upside
$9
Neutral
Maintained
24 Feb 2025
Baird
Nicholas Thillman
100% 1-year accuracy
3 / 3 met price target
37%upside
$10
Neutral
Downgraded
16 Jan 2025

Financial journalist opinion

Positive
Seeking Alpha
1 month ago
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.
Buried Treasures: 4 Dramatically Undervalued REITs
Neutral
GlobeNewsWire
1 month ago
Piedmont Office Realty Trust Expands Board with Appointments of Deneen Donnley, Stephen Lewis, and Jeffrey Donnelly
Atlanta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the following appointments to its Board of Directors: Deneen Donnley, Senior Vice President and General Counsel, Consolidated Edison (NYSE: ED); Stephen E. Lewis, Retired Chair and Chief Executive Officer of Troutman Pepper; and Jeffrey J. Donnelly, Chief Executive Officer and Director of DiamondRock Hospitality (NYSE: DRH). With these three appointments, Piedmont's board of directors now consists of ten total members.
Piedmont Office Realty Trust Expands Board with Appointments of Deneen Donnley, Stephen Lewis, and Jeffrey Donnelly
Positive
Seeking Alpha
1 month ago
Piedmont Office Realty Trust: A Bargain Opportunity Before The Market Catches On
Piedmont Office Realty Trust is experiencing earnings headwinds when looking at the surface. Positive market dynamics, including a flight to quality and shrinking supply pipelines, are benefiting office REITs like Piedmont and de-risking investments. Going into 2025 and beyond, I will show you that this is the time to buy into the stock.
Piedmont Office Realty Trust: A Bargain Opportunity Before The Market Catches On
Neutral
Seeking Alpha
1 month ago
Piedmont Office Realty Trust, Inc. (PDM) Q4 2024 Earnings Call Transcript
Piedmont Office Realty Trust, Inc. (NYSE:PDM ) Q4 2024 Earnings Call February 14, 2025 9:00 AM ET Company Participants Laura Moon - Investor Relations Brent Smith - President and Chief Executive Officer George Wells - Chief Operating Officer Chris Kollme - Executive Vice President, Investments Sherry Rexroad - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Nick Thillman - Baird Dylan Burzinski - Green Street Operator Greetings. Welcome to the Piedmont Office Realty Trust, Inc. Fourth Quarter 2024 Earnings Call.
Piedmont Office Realty Trust, Inc. (PDM) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Piedmont Office (PDM) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Piedmont Office (PDM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Piedmont Office (PDM) Reports Q4 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
1 month ago
Piedmont Office (PDM) Matches Q4 FFO 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 $0.41 per share a year ago.
Piedmont Office (PDM) Matches Q4 FFO Estimates
Neutral
GlobeNewsWire
1 month ago
Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2024 Results
Atlanta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter and year ended December 31, 2024.
Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2024 Results
Neutral
Zacks Investment Research
1 month ago
Seeking Clues to Piedmont Office (PDM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Get a deeper insight into the potential performance of Piedmont Office (PDM) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Seeking Clues to Piedmont Office (PDM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Positive
Seeking Alpha
1 month ago
REITs Lead On Earnings Uplift
US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment data. The U.S. economy added 143k jobs in January. Upward revisions to prior months and strong wage growth metrics indicated that labor markets remain "healthy" at minimum, and perhaps even "tight." Following a decline of 1% last week sparked by "DeepSeek" concerns, the S&P 500 retreated by 0.2%, relinquishing an early week rally. The Small-Cap and Mid-Cap indexes dipped 1%.
REITs Lead On Earnings Uplift
Neutral
GlobeNewsWire
1 month ago
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND Atlanta, Feb. 03, 2025 (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 first quarter of 2025. The dividend will be paid on March 14, 2025 to stockholders of record as of the close of business on February 21, 2025.
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND
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