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PDM logo PDM
Upturn stock ratingUpturn stock rating
PDM logo

Piedmont Office Realty Trust Inc (PDM)

Upturn stock ratingUpturn stock rating
$6.67
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/22/2025: PDM (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 53.25%
Avg. Invested days 67
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/22/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 831.07M USD
Price to earnings Ratio -
1Y Target Price 9.33
Price to earnings Ratio -
1Y Target Price 9.33
Volume (30-day avg) 867467
Beta 1.19
52 Weeks Range 5.81 - 10.78
Updated Date 04/22/2025
52 Weeks Range 5.81 - 10.78
Updated Date 04/22/2025
Dividends yield (FY) 7.63%
Basic EPS (TTM) -0.64

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-04-28
When Before Market
Estimate -
Actual -

Profitability

Profit Margin -13.86%
Operating Margin (TTM) 14.13%

Management Effectiveness

Return on Assets (TTM) 1.21%
Return on Equity (TTM) -4.78%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 2960375472
Price to Sales(TTM) 1.46
Enterprise Value 2960375472
Price to Sales(TTM) 1.46
Enterprise Value to Revenue 5.19
Enterprise Value to EBITDA 10.95
Shares Outstanding 124408000
Shares Floating 123043782
Shares Outstanding 124408000
Shares Floating 123043782
Percent Insiders 1.19
Percent Institutions 91.84

Analyst Ratings

Rating 3.67
Target Price 9.33
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Piedmont Office Realty Trust Inc

stock logo

Company Overview

overview logo History and Background

Piedmont Office Realty Trust, Inc. (PDM) was founded in 1998 as a real estate investment trust (REIT) focused on owning, managing, developing, and operating high-quality office properties primarily located in the Sunbelt and major Eastern U.S. office markets. They have grown through strategic acquisitions and developments.

business area logo Core Business Areas

  • Office Properties: Owns, manages, and leases office properties, primarily Class A buildings in major U.S. office markets.

leadership logo Leadership and Structure

Piedmont Office Realty Trust Inc. is led by a board of directors and an executive management team. The organizational structure is typical of a REIT, with departments focused on acquisitions, asset management, property management, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Office Space Leasing: Piedmont's core offering is the leasing of office space in its properties. Market share data is difficult to pinpoint exactly due to the fragmented nature of the commercial real estate market. Competitors include other REITs and private real estate owners. Revenue data fluctuates based on occupancy rates and lease terms.

Market Dynamics

industry overview logo Industry Overview

The commercial real estate industry, particularly the office sector, is currently facing headwinds due to increased remote work trends and economic uncertainty. Demand for office space is variable depending on geographic region.

Positioning

Piedmont focuses on high-quality, Class A office properties in specific markets, aiming to attract premium tenants. This strategy positions them as a provider of desirable office space, but also increases vulnerability to market downturns.

Total Addressable Market (TAM)

The total addressable market for office space is vast, valued in the trillions of USD. Piedmontu2019s TAM is constrained by their geographic focus and property class. They are positioned to capture a segment of the premium office space market.

Upturn SWOT Analysis

Strengths

  • High-quality Class A office properties
  • Focus on attractive Sunbelt and Eastern U.S. markets
  • Experienced management team
  • Established relationships with tenants

Weaknesses

  • High reliance on office sector performance
  • Sensitivity to economic cycles
  • Geographic concentration
  • Exposure to interest rate fluctuations

Opportunities

  • Acquisition of undervalued properties
  • Development of new office projects
  • Capitalizing on tenant migration to quality buildings
  • Improving property amenities to attract tenants

Threats

  • Increased remote work trends
  • Economic downturns
  • Rising interest rates
  • Increased competition from other REITs and property owners

Competitors and Market Share

competitor logo Key Competitors

  • Boston Properties (BXP)
  • SL Green Realty Corp. (SLG)
  • Kilroy Realty Corp. (KRC)
  • Highwoods Properties (HIW)

Competitive Landscape

Piedmont competes on property quality, location, and tenant service. Larger REITs have advantages in scale and access to capital, while smaller, local players may have better market knowledge.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth depends on current reporting year which has not been provided.

Future Projections: Future Projections depend on current reporting year which has not been provided.

Recent Initiatives: Recent Initiatives depend on current reporting year which has not been provided.

Summary

Piedmont Office Realty Trust is a REIT specializing in Class A office properties. They are well-positioned in growing Sunbelt and Eastern markets, but the company faces headwinds from changing work patterns, competition, and potential economic downturns. They should focus on strategic acquisitions, enhancing property amenities, and managing risk in a dynamic environment. Piedmont will need to capitalize on opportunities while hedging against economic uncertainties.

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Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Market analysis
  • Public data

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Piedmont Office Realty Trust Inc

Exchange NYSE
Headquaters Atlanta, GA, United States
IPO Launch date 2010-02-10
President, CEO & Director Mr. Christopher Brent Smith
Sector Real Estate
Industry REIT - Office
Full time employees 150
Full time employees 150

Piedmont Office Realty Trust, Inc. (also referred to herein as Piedmont or the Company) (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. 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 Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.

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