PDM - Piedmont Office Realty Trust, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
21.03
+0.16 (+0.77%)
As of 10:58AM EDT. Market open.
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Previous Close20.87
Open20.93
Bid21.05 x 1400
Ask21.06 x 1100
Day's Range20.93 - 21.11
52 Week Range16.43 - 21.40
Volume126,699
Avg. Volume731,271
Market Cap2.641B
Beta (3Y Monthly)0.89
PE Ratio (TTM)21.86
EPS (TTM)0.96
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & Yield0.84 (4.13%)
Ex-Dividend Date2019-05-30
1y Target Est22.40
Trade prices are not sourced from all markets
  • American City Business Journals8 days ago

    Here's when this downtown Orlando food hall may open

    A Church Street food hall may be served up before the end of the year. There are still construction opportunities for the future food hall, called Bumby Arcade at Church St Station, after some work started roughly two weeks ago, said Ryan Young, CEO of Orlando-based Interstruct Inc., the project’s general contractor. Dallas-based Lincoln Property Co. is the developer and Orlando-based Baker Barrios Architects is the architect.

  • Markit8 days ago

    See what the IHS Markit Score report has to say about Piedmont Office Realty Trust Inc.

    Piedmont Office Realty Trust Inc NYSE:PDMView full report here! Summary * Bearish sentiment is moderate and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is moderate for PDM with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 3. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold PDM had net inflows of $622 million over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • For lease: Shops, restaurants sought for iconic downtown office tower
    American City Business Journals13 days ago

    For lease: Shops, restaurants sought for iconic downtown office tower

    A new food hall, restaurants and shops are being sought for one of downtown Orlando's most iconic office buildings. Los Angeles-based CBRE Group Inc.'s (NYSE: CBRE) James Mitchell, executive vice president, and Kristen Knowlton, associate, now are handling leasing for roughly 15,000 square feet of retail space at 200 S. Orange Ave., formerly the SunTrust Center. About 10,000 square feet of space fronting the building's park and courtyard is being marketed for a food hall or full-service restaurant user.

  • Thomson Reuters StreetEvents26 days ago

    Edited Transcript of PDM earnings conference call or presentation 2-May-19 3:00pm GMT

    Q1 2019 Piedmont Office Realty Trust Inc Earnings Call

  • WeWork's downtown site to offer special amenities, construction work
    American City Business Journals28 days ago

    WeWork's downtown site to offer special amenities, construction work

    There will be construction opportunities when WeWork Cos. — the most valuable U.S. startup — builds out its first office in Orlando. The New York-based co-working giant plans to open the Central Florida space in Orlando’s 200 South Orange Avenue building in early 2020. WeWork will design and build out the 70,000-square-foot space in-house, but there will be subcontracting opportunities, spokeswoman Alyssa Botts said.

  • Update: Piedmont Office Realty Trust (NYSE:PDM) Stock Gained 13% In The Last Year
    Simply Wall St.last month

    Update: Piedmont Office Realty Trust (NYSE:PDM) Stock Gained 13% In The Last Year

    These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors...

  • Piedmont (PDM) Buys Office Property, Signs Lease With WeWork
    Zackslast month

    Piedmont (PDM) Buys Office Property, Signs Lease With WeWork

    Piedmont Office Realty (PDM) expands footprint in Northwest Atlanta with the buyout of Galleria 100, as well assigns a lease with WeWork at 200 South Orange Avenue.

  • GlobeNewswirelast month

    Piedmont Office Realty Trust Announces WeWork Lease at 200 South Orange Avenue in Orlando

    Piedmont Office Realty Trust (PDM) and WeWork announced today the signing of WeWork's inaugural lease in Orlando, Florida, signaling its entry into the market. The WeWork community will be located in downtown Orlando at Piedmont’s Class A trophy tower located at 200 South Orange Avenue, also known as SunTrust Center, and is slated to open in early 2020. “WeWork is excited to call the City of Orlando our newest home in Florida,” said Bobby Condon, Southeast General Manager for WeWork.

  • Breaking: WeWork inks big lease in downtown Orlando
    American City Business Journalslast month

    Breaking: WeWork inks big lease in downtown Orlando

    It's official: WeWork Cos. is coming to downtown Orlando. The New York-based co-working giant plans to open its first Central Florida space in Orlando’s 200 South Orange Avenue building, formerly the SunTrust Center, which is arguably the region's most iconic office building. WeWork will occupy roughly 70,000 square feet, making it one of the biggest office leases to be signed in the urban core in the past year.

  • Cobb County's Galleria 100 tower sells for $97 million
    American City Business Journalslast month

    Cobb County's Galleria 100 tower sells for $97 million

    Piedmont Office Realty Trust Inc., Atlanta’s sixth largest landlord with more than 2.2 million square feet in Atlanta, bought the tower.

  • GlobeNewswirelast month

    Piedmont Office Realty Trust Acquires Class A Property and Expands its Presence in Northwest Atlanta Market

    Atlanta, GA, May 13, 2019 -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) announced today that it has completed the purchases of Galleria 100, an 18-story, landmark office.

  • Exclusive: Food hall, brewery planned south of downtown
    American City Business Journalslast month

    Exclusive: Food hall, brewery planned south of downtown

    An open-air, micro-market is expected to be built as part of a shopping center's renovation south of downtown. Gatlin Hall will feature a 5,000-square-foot indoor food hall and market along with a 4,000-square-foot patio as part of Fort Gatlin Village's multimillion-dollar renovation at 4401 S. Orange Ave. The food hall is expected to include local favorites DaKine Poke, Swine & Sons and The Local Butcher, along with a yet-to-be-named pizza concept. In addition, Gatlin Hall Brewing will open its first location.

  • American City Business Journals2 months ago

    Eat up: Dallas developer plans downtown food hall

    A Dallas developer — which expects to break ground on its next downtown tower by January 2020 — looks to build an adjacent food hall on Church Street. Lincoln Property Co. plans to build the food hall, called Bumby Arcade at Church St Station, adjacent its second tower, Austin Stahley, Lincoln Property's Florida region director, told Orlando Business Journal. Orlando-based Baker Barrios Architects is the architect.

  • Associated Press2 months ago

    Piedmont Office: 1Q Earnings Snapshot

    The real estate investment trust, based in Atlanta, said it had funds from operations of $56.3 million, or 45 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment ...

  • GlobeNewswire2 months ago

    Piedmont Office Realty Trust Reports First Quarter 2019 Results

    Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (PDM), an owner of Class A office properties in select sub-markets located primarily within eight major Eastern U.S. office markets, today announced its results for the quarter ended March 31, 2019. Sold One Independence Square, an approximately 334,000 square foot office building located in the Southwest submarket of Washington, D.C., for approximately $170 million, or $508 psf.

  • Here’s What Hedge Funds Think About Piedmont Office Realty Trust, Inc. (PDM)
    Insider Monkey2 months ago

    Here’s What Hedge Funds Think About Piedmont Office Realty Trust, Inc. (PDM)

    Insider Monkey finished processing more than 700 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of December 31st, 2018. In this article we are going to take a look at smart money sentiment towards Piedmont Office Realty Trust, Inc. (NYSE:PDM). Piedmont Office Realty Trust, Inc. (NYSE:PDM) […]

  • GlobeNewswire2 months ago

    Piedmont Announces Leasing Activity for the First Quarter of 2019 and Reports Progress on New York State Renewal

    Piedmont Office Realty Trust (PDM) announced today that it entered into a four-month extension with its largest tenant, New York State, at its 60 Broad Street building in downtown Manhattan prior to the tenant’s lease expiring on March 31, 2019. The Company also announced that it completed approximately 322,000 sf of other leasing during the first quarter, approximately 43% of which related to new leasing.

  • GlobeNewswire2 months ago

    Piedmont Office Realty Trust to Report First Quarter 2019 Financial Results

    Atlanta, GA, April 09, 2019 -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter 2019 financial results on Wednesday, May.

  • How Good Is Piedmont Office Realty Trust, Inc. (NYSE:PDM), When It Comes To ROE?
    Simply Wall St.2 months ago

    How Good Is Piedmont Office Realty Trust, Inc. (NYSE:PDM), When It Comes To ROE?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to lear...

  • He'll soon be CEO of one of Atlanta's largest commercial real estate companies
    American City Business Journals3 months ago

    He'll soon be CEO of one of Atlanta's largest commercial real estate companies

    One of Atlanta's largest commercial real estate companies has just announced a CEO transition. Piedmont Office Realty Trust (NYSE: PDM) said Donald A. Miller, 56, who has been CEO since 2007, will retire at the end of June. The company has named C. Brent Smith, currently its president and chief investment officer, as Miller's successor.  Smith, 43, joined Piedmont in 2012 and has served as president since November 2018 and chief investment officer since 2016.

  • GlobeNewswire3 months ago

    Piedmont Announces Leadership Transition Plan

    Piedmont Office Realty Trust (PDM) announced today that Donald A. Miller, CFA, who has served as the Company’s Chief Executive Officer since 2007, will retire effective June 30, 2019 and that the Board of Directors has named C. Brent Smith, the Company’s current President and Chief Investment Officer, as his successor.  Mr. Smith was also appointed to the Board of Directors, effective immediately.  Mr. Miller will stand for re-election to the Board of Directors for the 2019-20 term.

  • American City Business Journals3 months ago

    2019 Coolest Office Spaces: This local firm displays positive vibes in a vibrant downtown work space (PHOTOS)

    One of Central Florida's largest accounting firms relocated more than 110 employees into a new downtown Orlando Class A office.