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How to buy Piedmont Office Realty Trust stock | $16.41

Own Piedmont Office Realty Trust stock in just a few minutes.

Fact checked

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 134 staff and has a trailing 12-month revenue of around USD$537.6 million.

How to buy shares in Piedmont Office Realty Trust

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Piedmont Office Realty Trust. Find the stock by name or ticker symbol: PDM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Piedmont Office Realty Trust reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$16.41, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Piedmont Office Realty Trust, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Piedmont Office Realty Trust. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Piedmont Office Realty Trust share price

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

Piedmont Office Realty Trust shares at a glance

Information last updated 2020-12-01.
Latest market closeUSD$16.41
52-week rangeUSD$11.1205 - USD$23.4791
50-day moving average USD$13.8737
200-day moving average USD$15.3016
Wall St. target priceUSD$18.67
PE ratio 5.4864
Dividend yield USD$0.84 (5.37%)
Earnings per share (TTM) USD$2.95

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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 $16.41 from 2020-12-09

1 week (2021-01-08) 6.21%
1 month (2020-12-16) -1.68%
3 months (2020-10-15) 20.13%
6 months (2020-07-15) 1.23%
1 year (2020-01-15) -27.77%
2 years (2019-01-15) -8.99%
3 years (2018-01-12) 19.27
5 years (2016-01-15) 17.75

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 5x. In other words, Piedmont Office Realty Trust shares trade at around 5x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-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 USD$216 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 USD$537.6 million
Operating margin TTM 19.02%
Gross profit TTM USD$321.8 million
Return on assets TTM 1.7%
Return on equity TTM 20.64%
Profit margin 69.29%
Book value $15.3
Market capitalisation USD$2 billion

TTM: trailing 12 months

Shorting Piedmont Office Realty Trust shares

There are currently 2.0 million Piedmont Office Realty Trust shares held short by investors – that's known as Piedmont Office Realty Trust's "short interest". This figure is 61.8% up from 1.2 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 1.0 million). Piedmont Office Realty Trust's SIR currently stands at 1.97. In other words for every 100,000 Piedmont Office Realty Trust shares traded daily on the market, roughly 1970 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 0.02% of the outstanding shares (for every 100,000 Piedmont Office Realty Trust shares in existence, roughly 20 shares are currently held short) or 0.022% of the tradable shares (for every 100,000 tradable Piedmont Office Realty Trust shares, roughly 22 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

28%

Dividend payout ratio: 28.47% of net profits

Recently Piedmont Office Realty Trust has paid out, on average, around 28.47% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.37% 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 5.37% 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 4 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 November 2020 (the "ex-dividend date").

Have Piedmont Office Realty Trust's shares ever split?

Piedmont Office Realty Trust's shares were split on 21 February 2007.

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 $11.1205 up to $23.4791. A popular way to gauge a stock's volatility is its "beta".

PDM.US volatility(beta: 0.74)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 0.7356. This would suggest that Piedmont Office Realty Trust's shares are less volatile than average (for this exchange).

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.

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