PDM - Piedmont Office Realty Trust, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
20.21
-0.25 (-1.22%)
At close: 4:02PM EDT

20.21 0.00 (0.00%)
After hours: 4:28PM EDT

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Previous Close20.46
Open20.43
Bid20.21 x 800
Ask20.22 x 1800
Day's Range20.17 - 20.49
52 Week Range16.43 - 20.94
Volume350,686
Avg. Volume969,718
Market Cap2.538B
Beta (3Y Monthly)1.05
PE Ratio (TTM)20.21
EPS (TTM)1.00
Earnings DateApr 29, 2019 - May 3, 2019
Forward Dividend & Yield0.84 (4.11%)
Ex-Dividend Date2019-02-27
1y Target Est21.80
Trade prices are not sourced from all markets
  • GlobeNewswire18 minutes 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 Journalsyesterday

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

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

  • Markit7 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 * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for PDM with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 1. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PDM are favorable, with net inflows of $2.92 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. 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.

  • L.A. company buys One Independence Square for $170 million
    American City Business Journals14 days ago

    L.A. company buys One Independence Square for $170 million

    Los Angeles-based Saban Real Estate has purchased One Independence Square at 250 E St. SW for about $170 million, or roughly $508 a square foot. The nine-story building totals 334,000 square feet and is 94 percent leased.

  • Cousins Properties Raises '19 View on Strategic Transactions
    Zacks14 days ago

    Cousins Properties Raises '19 View on Strategic Transactions

    Cousins Properties (CUZ) announces strategic transactions in Atlanta, enabling it to raise its 2019 earnings outlook. In fact, these transitions are expected to drive the company's long-term growth.

  • GlobeNewswire15 days ago

    Recent Analysis Shows Array BioPharma, Nabors Industries, Brinker International, Piedmont Office Realty Trust, Och-Ziff Capital Management Group, and Franklin Street Properties Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, March 04, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • GlobeNewswire15 days ago

    Piedmont Sells One Independence Square in D.C.

    Atlanta, GA, March 04, 2019 --  Piedmont Office Realty Trust (NYSE: PDM) announced today that it has completed the sale of One Independence Square, located at 250 E. Street in.

  • Digital Realty Achieves Operational Excellence for 12th Year
    Zacks18 days ago

    Digital Realty Achieves Operational Excellence for 12th Year

    Digital Realty (DLR) achieving its 12th consecutive year of "five nines" of uptime reflects the data-center REIT's efficiency in developing and delivering data-center solutions.

  • One Metric To Rule Them All: Piedmont Office Realty Trust, Inc. (NYSE:PDM)
    Simply Wall St.22 days ago

    One Metric To Rule Them All: Piedmont Office Realty Trust, Inc. (NYSE:PDM)

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Piedmont Office Realty Trust, Inc. is a US$2.6b mid-cap, realRead More...

  • GuruFocus.com27 days ago

    Piedmont Office Realty Trust Inc (PDM) Files 10-K for the Fiscal Year Ended on December 31, 2018

    Piedmont Office Realty Trust Inc is a real estate investment trust. The dividend yield of Piedmont Office Realty Trust Inc stocks is 4.04%. Piedmont Office Realty Trust Inc had annual average EBITDA growth of 3.90% over the past ten years.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of PDM earnings conference call or presentation 6-Feb-19 3:00pm GMT

    Q4 2018 Piedmont Office Realty Trust Inc Earnings Call

  • American City Business Journalslast month

    28-story downtown Orlando tower to shine with new light feature

    The renovations come as downtown Orlando landlords increasingly are investing in their towers to attract tenants and compete with new office space.

  • Piedmont Office Realty Trust Inc (PDM) Q4 2018 Earnings Conference Call Transcript
    Motley Foollast month

    Piedmont Office Realty Trust Inc (PDM) Q4 2018 Earnings Conference Call Transcript

    PDM earnings call for the period ending December 31, 2018.

  • Piedmont Office (PDM) Beats Q4 FFO and Revenue Estimates
    Zackslast month

    Piedmont Office (PDM) Beats Q4 FFO and Revenue Estimates

    Piedmont Office (PDM) delivered FFO and revenue surprises of 2.27% and 9.42%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Presslast month

    Piedmont Office: 4Q Earnings Snapshot

    The real estate investment trust, based in Atlanta, said it had funds from operations of $57.9 million, or 45 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment ...

  • GlobeNewswirelast month

    Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2018 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 and year ended December 31, 2018.

  • GlobeNewswire2 months ago

    Piedmont Reports on Fourth Quarter and Annual Capital Markets and Leasing Activities

    Atlanta, Jan. 21, 2019 (GLOBE NEWSWIRE) --  Piedmont Office Realty Trust (PDM) announced today that during the fourth quarter of 2018 the Company entered into a binding contract for the sale of a 334,000 square foot asset in Washington, D.C.   This transaction is in addition to two previously disclosed acquisitions and the sale of one property during the quarter. The value-add acquisition of 9320 Excelsior Boulevard in Minneapolis, MN, for $48.7 million, which represents a substantial discount to replacement cost.  9320 Excelsior Boulevard is a 7-story, 268,000 square foot, Class AA office building built in 2010 that is in close proximity to Piedmont's Norman Pointe I property.

  • Exclusive: See the $10M+ renovations planned for SunTrust Center
    American City Business Journals2 months ago

    Exclusive: See the $10M+ renovations planned for SunTrust Center

    The owner of Central Florida's most iconic skyscraper has revealed initial renovation plans for its 30-story downtown Orlando landmark. Atlanta-based Piedmont Office Realty Trust Inc. (NYSE: PDM), owner of the SunTrust Center, plans to spend more than $10 million to renovate the tower, Executive Vice President George Wells told Orlando Business Journal. The plans come after Atlanta-based SunTrust Banks Inc. (NYSE: STI) announced in June that it will move its Orlando headquarters in August 2019 into the $125 million, 28-story, mixed-use SunTrust Plaza at Church Street Station now under construction.

  • GlobeNewswire2 months ago

    Piedmont Office Realty Trust Announces Tax Treatment of 2018 Dividends

    Atlanta, Jan. 16, 2019 --  Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2018 common.

  • Have Insiders Been Buying Piedmont Office Realty Trust, Inc. (NYSE:PDM) Shares?
    Simply Wall St.2 months ago

    Have Insiders Been Buying Piedmont Office Realty Trust, Inc. (NYSE:PDM) Shares?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have Read More...

  • Food hall coming to $175M+ downtown-area apartment complex
    American City Business Journals2 months ago

    Food hall coming to $175M+ downtown-area apartment complex

    Downtown Orlando's next food hall may be headed to a yet-to-open apartment complex. Orlando-based developer Real Estate Inverlad Development LLC is in talks with Jamal Wilson — the investor behind the The Hall on Franklin, a European-inspired food hall in downtown Tampa — to sign a lease for the Yard at Ivanhoe, a mixed-use development near Orange Avenue and Virginia Drive. Inverlad is building 27,000 square feet of retail along with 591 Class A apartments as part of the mixed-use development.

  • GlobeNewswire2 months ago

    Piedmont Office Realty Trust to Report Fourth Quarter and Annual 2018 Financial Results

    Atlanta, GA, Jan. 11, 2019 -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter and annual 2018 financial results on.