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How to buy Piedmont Office Realty Trust stock | $18.35

Learn how to easily invest in Piedmont Office Realty Trust stock.

Piedmont Office Realty Trust Inc is a reit-office business based in the US. Piedmont Office Realty Trust shares (PDM) are listed on the NYSE and all prices are listed in US Dollars. Piedmont Office Realty Trust employs 137 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Piedmont Office Realty Trust

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PDM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Piedmont Office Realty Trust stock price (NYSE: PDM)

Use our graph to track the performance of PDM stocks over time.

Piedmont Office Realty Trust shares at a glance

Information last updated 2021-10-23.
Latest market close$18.35
52-week range$10.63 - $19.90
50-day moving average $17.82
200-day moving average $18.41
Wall St. target price$22.00
PE ratio 45.2826
Dividend yield $0.84 (4.54%)
Earnings per share (TTM) $0.41

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Piedmont Office Realty Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Piedmont Office Realty Trust price performance over time

Historical closes compared with the close of $18.35 from 2021-10-26

1 week (2021-10-21) -0.81%
1 month (2021-09-28) 4.56%
3 months (2021-07-28) -3.52%
6 months (2021-04-28) -0.76%
1 year (2020-10-28) 58.05%
2 years (2019-10-28) -12.91%
3 years (2018-10-26) 2.06%
5 years (2016-10-28) 20.18

Is Piedmont Office Realty Trust under- or over-valued?

Valuing Piedmont Office Realty Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Piedmont Office Realty Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Piedmont Office Realty Trust's P/E ratio

Piedmont Office Realty Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 45x. In other words, Piedmont Office Realty Trust shares trade at around 45x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Piedmont Office Realty Trust's PEG ratio

Piedmont Office Realty Trust's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.18. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Piedmont Office Realty Trust's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Piedmont Office Realty Trust's EBITDA

Piedmont Office Realty Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $194.6 million.

The EBITDA is a measure of a Piedmont Office Realty Trust's overall financial performance and is widely used to measure a its profitability.

Piedmont Office Realty Trust financials

Revenue TTM $522.7 million
Operating margin TTM 15.34%
Gross profit TTM $320.1 million
Return on assets TTM 1.33%
Return on equity TTM 2.66%
Profit margin 9.73%
Book value $15.07
Market capitalisation $2.3 billion

TTM: trailing 12 months

Shorting Piedmont Office Realty Trust shares

There are currently 1.8 million Piedmont Office Realty Trust shares held short by investors – that's known as Piedmont Office Realty Trust's "short interest". This figure is 2.2% down from 1.9 million last month.

There are a few different ways that this level of interest in shorting Piedmont Office Realty Trust shares can be evaluated.

Piedmont Office Realty Trust's "short interest ratio" (SIR)

Piedmont Office Realty Trust's "short interest ratio" (SIR) is the quantity of Piedmont Office Realty Trust shares currently shorted divided by the average quantity of Piedmont Office Realty Trust shares traded daily (recently around 682168.53932584). Piedmont Office Realty Trust's SIR currently stands at 2.67. In other words for every 100,000 Piedmont Office Realty Trust shares traded daily on the market, roughly 2670 shares are currently held short.

However Piedmont Office Realty Trust's short interest can also be evaluated against the total number of Piedmont Office Realty Trust shares, or, against the total number of tradable Piedmont Office Realty Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Piedmont Office Realty Trust's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Piedmont Office Realty Trust shares in existence, roughly 10 shares are currently held short) or 0.0198% of the tradable shares (for every 100,000 tradable Piedmont Office Realty Trust shares, roughly 20 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Piedmont Office Realty Trust.

Find out more about how you can short Piedmont Office Realty Trust stock.

Piedmont Office Realty Trust share dividends

44%

Dividend payout ratio: 44.21% of net profits

Recently Piedmont Office Realty Trust has paid out, on average, around 44.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.56% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Piedmont Office Realty Trust shareholders could enjoy a 4.56% return on their shares, in the form of dividend payments. In Piedmont Office Realty Trust's case, that would currently equate to about $0.84 per share.

While Piedmont Office Realty Trust's payout ratio might seem fairly standard, it's worth remembering that Piedmont Office Realty Trust may be investing much of the rest of its net profits in future growth.

Piedmont Office Realty Trust's most recent dividend payout was on 16 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 August 2021 (the "ex-dividend date").

Have Piedmont Office Realty Trust's shares ever split?

Piedmont Office Realty Trust's shares were split on a 1:12 basis on 9 February 2010. So if you had owned 12 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Piedmont Office Realty Trust shares – just the quantity. However, indirectly, the new 1100% higher share price could have impacted the market appetite for Piedmont Office Realty Trust shares which in turn could have impacted Piedmont Office Realty Trust's share price.

Piedmont Office Realty Trust share price volatility

Over the last 12 months, Piedmont Office Realty Trust's shares have ranged in value from as little as $10.6256 up to $19.8989. A popular way to gauge a stock's volatility is its "beta".

PDM.US volatility(beta: 1)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Piedmont Office Realty Trust's is 1.0016. This would suggest that Piedmont Office Realty Trust's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Piedmont Office Realty Trust overview

Piedmont Office Realty Trust, Inc. (NYSE: PDM) 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. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. 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 S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.

Frequently asked questions

What percentage of Piedmont Office Realty Trust is owned by insiders or institutions?
Currently 0.832% of Piedmont Office Realty Trust shares are held by insiders and 86.933% by institutions.
How many people work for Piedmont Office Realty Trust?
Latest data suggests 137 work at Piedmont Office Realty Trust.
When does the fiscal year end for Piedmont Office Realty Trust?
Piedmont Office Realty Trust's fiscal year ends in December.
Where is Piedmont Office Realty Trust based?
Piedmont Office Realty Trust's address is: 5565 Glenridge Connector, Atlanta, GA, United States, 30342
What is Piedmont Office Realty Trust's ISIN number?
Piedmont Office Realty Trust's international securities identification number is: US7201902068
What is Piedmont Office Realty Trust's CUSIP number?
Piedmont Office Realty Trust's Committee on Uniform Securities Identification Procedures number is: 720190206

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