Want to see PDM full AI Analyst Report?
PDM Stock Chart & Stats
$7.78
-$0.02(-0.23%)
At close: 4:00 PM EST
$7.78
-$0.02(-0.23%)
Day’s Range― - ―
52-Week Range$6.32 - $9.99
Previous CloseN/A
Volume481.06K
Average Volume (3M)801.90K
Market Cap
$1.23B
Enterprise Value$3.09K
Total Cash (Recent Filing)$2.28M
Total Debt (Recent Filing)$2.28B
Price to Earnings (P/E)―
Beta0.83
Next Earnings
Jul 28, 2026EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend Yield6.09%
Share Statistics
EPS (TTM)-0.70
Shares Outstanding125,019,005
10 Day Avg. Volume717,928
30 Day Avg. Volume801,900
Financial Highlights & Ratios
PEG Ratio-2.66
Price to Book (P/B)0.69
Price to Sales (P/S)1.84
P/FCF Ratio-62.23
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.00Price Target Upside41.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.06
Revenue Forecast (FY)$522.06M
Bulls Say, Bears Say
Bulls Say
Leasing MomentumLarge, sustained leasing activity materially reduces vacancy and drives near-term cash rents and occupancy toward the company’s ~90% target. Durable pipeline and deal flow support recurring rental revenue, improve FFO/NOI visibility, and underpin refinancing and stabilization plans over the next several quarters.
Rent Roll-ups And Rent GrowthConsistent, high rent roll-ups and rising net effective rents strengthen cash NOI and the margin profile of new and renewed leases. These structural rent gains support organic FFO growth, improve asset-level economics on redevelopments, and increase resilience to interest-rate refinancing over a multi-quarter horizon.
Improved Balance Sheet And LiquidityA materially lower debt-to-equity ratio and sizable equity cushion reduce refinancing and solvency risk, giving management flexibility to fund redevelopments, absorb vacancy, or pursue opportunistic dispositions. This structural improvement supports access to capital and lowers the chance of distress over the medium term.
Bears Say
Declining Revenue And Persistent LossesShrinkage in top-line and repeated net losses indicate earnings quality issues that impair retained earnings and reduce distributable cash over time. Even with strong NOI trends, below-the-line charges and negative net margin constrain the company’s ability to restore dividends and limit durable shareholder return capacity for months ahead.
Concentrated Lease ExpirationsConcentrated expirations at a few large tenants create material re-leasing and capital-redeployment risk that can depress occupancy and cash flow when they occur. Filling large blocks typically requires tenant incentives or capital improvements, which can pressure FFO and delay expected benefits from current leasing momentum.
Dividend Suspension And Capital Return UncertaintyA prolonged dividend suspension signals constrained distributable cash and tighter capital allocation priorities. For a REIT, suspended payouts reduce appeal to income investors, limit equity issuance appetite, and force reliance on asset sales or operating improvements to rebuild distributions, extending recovery timelines.
Piedmont Office News
PDM FAQ
What was Piedmont Office’s price range in the past 12 months?
Piedmont Office lowest stock price was $6.32 and its highest was $9.99 in the past 12 months.
What is Piedmont Office’s market cap?
Piedmont Office’s market cap is $1.23B.
When is Piedmont Office’s upcoming earnings report date?
Piedmont Office’s upcoming earnings report date is Jul 28, 2026 which is in 8 days.
How were Piedmont Office’s earnings last quarter?
Piedmont Office released its earnings results on Apr 30, 2026. The company reported -$0.1 earnings per share for the quarter, missing the consensus estimate of -$0.032 by -$0.068.
Is Piedmont Office overvalued?
According to Wall Street analysts Piedmont Office’s price is currently Undervalued.
Does Piedmont Office pay dividends?
Piedmont Office pays a Quarterly dividend of $0.125 which represents an annual dividend yield of 6.09%. See more information on Piedmont Office dividends here
What is Piedmont Office’s EPS estimate?
Piedmont Office’s EPS estimate is -0.03.
How many shares outstanding does Piedmont Office have?
Piedmont Office has 125,019,005 shares outstanding.
What happened to Piedmont Office’s price movement after its last earnings report?
Piedmont Office reported an EPS of -$0.1 in its last earnings report, missing expectations of -$0.032. Following the earnings report the stock price went down -0.359%.
Which hedge fund is a major shareholder of Piedmont Office?
Currently, no hedge funds are holding shares in PDM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Piedmont Office Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (41.39% Upside)
$11.00 (41.39% Upside)
Blogger Sentiment
Bullish
PDM Sentiment 100%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 6.7K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.02%
12-Months-Change
Fundamentals
Return on Equity
-5.70%
Trailing 12-Months
Asset Growth
0.75%
Trailing 12-Months
Company Description
Piedmont Office
Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.
PDM Stock 12 Month Forecast
Average Price Target
$11.00
▲(41.39% Upside)
Technical Analysis
Hudson Pacific Properties
―
Brandywine Realty
―
―
Easterly Government Properties
―
JBG Smith Properties
―
Ownership Overview
1.29% Insiders
30.14% Mutual Funds
3.93% Other Institutional Investors
41.05% Public Companies and
Individual Investors