Piedmont Office Realty Stock Today
| PDM Stock | USD 6.89 0.08 1.15% |
Performance0 of 100
| Odds Of DistressLess than 45
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Piedmont Office is selling at 6.89 as of the 25th of April 2024; that is -1.15 percent decrease since the beginning of the trading day. The stock's lowest day price was 6.67. Piedmont Office has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Piedmont Office Realty are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 10th of February 2010 | Category Real Estate |
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. The company has 123.89 M outstanding shares of which 3.14 M shares are at this time shorted by investors with about 3.88 days to cover. More on Piedmont Office Realty
Moving against Piedmont Stock
| 0.49 | EQIX | Equinix Earnings Call This Week | PairCorr |
Piedmont Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Piedmont Office's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Piedmont Office or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Christopher Smith | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Real Estate (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [PIEDMONT NATUR.GAS, PIEDMONT NATUR.GAS - Frankfurt Stock Exchang] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Real Estate, Diversified REITs, REIT—Office, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Piedmont Office report their recommendations after researching Piedmont Office's financial statements, talking to executives and customers, or listening in on Piedmont Office's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Piedmont Office Realty. The Piedmont consensus assessment is calculated by taking the average forecast from all of the analysts covering Piedmont Office. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Piedmont Office's historical financial statements, Piedmont Office Realty is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Piedmont Office Realty is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Piedmont Office's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Piedmont Office's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Piedmont Office's financial leverage. It provides some insight into what part of Piedmont Office's total assets is financed by creditors.
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Piedmont Office Realty (PDM) is traded on New York Stock Exchange in USA. It is located in 5565 Glenridge Connector, Atlanta, GA, United States, 30342-4788 and employs 150 people. Piedmont Office is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 863.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Piedmont Office's market, we take the total number of its shares issued and multiply it by Piedmont Office's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Piedmont Office Realty runs under Diversified REITs sector within Real Estate industry. The entity has 123.89 M outstanding shares of which 3.14 M shares are at this time shorted by investors with about 3.88 days to cover.
Piedmont Office Realty has about 16.54 M in cash with 210.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Piedmont Office Probability Of Bankruptcy
Ownership AllocationPiedmont Office owns a total of 123.89 Million outstanding shares. The majority of Piedmont Office Realty outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Piedmont Office Realty to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Piedmont Office. Please pay attention to any change in the institutional holdings of Piedmont Office Realty as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Piedmont Ownership Details
Piedmont Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Piedmont Office jumping above the current price in 90 days from now is about 14.4%. The Piedmont Office Realty probability density function shows the probability of Piedmont Office stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Piedmont Office has a beta of 0.8621 indicating Piedmont Office Realty market returns are highly reactive to returns on the market. As the market goes up or down, Piedmont Office is expected to follow. Additionally, piedmont Office Realty has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Piedmont Office to move above the current price in 90 days from now is about 14.4 (This Piedmont Office Realty probability density function shows the probability of Piedmont Stock to fall within a particular range of prices over 90 days) .
Piedmont Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Piedmont Office that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Piedmont Office's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Piedmont Office's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.2 M | |
| Man Group Plc | 2023-12-31 | 1.9 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | |
| Glenmede Trust Co Na | 2023-12-31 | 1.6 M | |
| Northern Trust Corp | 2023-12-31 | 1.5 M | |
| Cbre Investment Management Listed Real Assets Llc | 2023-12-31 | 1.4 M | |
| Norges Bank | 2023-12-31 | 1.4 M | |
| Amvescap Plc. | 2023-12-31 | 1.3 M | |
| Exoduspoint Capital Management, Lp | 2023-12-31 | 1.2 M | |
| Vanguard Group Inc | 2023-12-31 | 18.8 M | |
| Blackrock Inc | 2023-12-31 | 17 M |
Piedmont Office Historical Income Statement
Piedmont Office Realty Income Statement is one of the three primary financial statements used for reporting Piedmont's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Piedmont Office Realty revenue and expense. Piedmont Office Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Piedmont Office's Selling General Administrative is very stable compared to the past year. As of the 25th of April 2024, Gross Profit is likely to grow to about 261.9 M, while Interest Expense is likely to drop about 67.5 M. View More FundamentalsPiedmont Stock Against Markets
Picking the right benchmark for Piedmont Office stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Piedmont Office stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Piedmont Office is critical whether you are bullish or bearish towards Piedmont Office Realty at a given time. Please also check how Piedmont Office's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Piedmont Office without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Piedmont Office Corporate Directors
Piedmont Office corporate directors refer to members of a Piedmont Office board of directors. The board of directors generally takes responsibility for the Piedmont Office's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Piedmont Office's board members must vote for the resolution. The Piedmont Office board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Raymond Milnes | Independent Director | Profile | |
| Barbara Lang | Independent Director | Profile | |
| Kelly Barrett | Independent Director | Profile | |
| Donald Moss | Independent Director | Profile |
How to buy Piedmont Stock?
Before investing in Piedmont Office, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Piedmont Office. To buy Piedmont Office stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Piedmont Office. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Piedmont Office stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Piedmont Office Realty stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Piedmont Office Realty stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Piedmont Office Realty, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Piedmont Stock please use our How to Invest in Piedmont Office guide.
Already Invested in Piedmont Office Realty?
The danger of trading Piedmont Office Realty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Piedmont Office is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Piedmont Office. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Piedmont Office Realty is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Piedmont Office Realty information on this page should be used as a complementary analysis to other Piedmont Office's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Piedmont Stock analysis
When running Piedmont Office's price analysis, check to measure Piedmont Office's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Piedmont Office is operating at the current time. Most of Piedmont Office's value examination focuses on studying past and present price action to predict the probability of Piedmont Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piedmont Office's price. Additionally, you may evaluate how the addition of Piedmont Office to your portfolios can decrease your overall portfolio volatility.
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Is Piedmont Office's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Office. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.67 | Earnings Share (0.39) | Revenue Per Share 4.672 | Quarterly Revenue Growth (0.01) |
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.