Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
PDM 
Piedmont Office Realty Trust Inc (PDM)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/29/2025: PDM (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $8.67
1 Year Target Price $8.67
| 1 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 80.4% | Avg. Invested days 77 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.05B USD | Price to earnings Ratio - | 1Y Target Price 8.67 |
Price to earnings Ratio - | 1Y Target Price 8.67 | ||
Volume (30-day avg) 3 | Beta 1.44 | 52 Weeks Range 5.46 - 10.78 | Updated Date 08/30/2025 |
52 Weeks Range 5.46 - 10.78 | Updated Date 08/30/2025 | ||
Dividends yield (FY) 4.50% | Basic EPS (TTM) -0.56 |
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 - | When - | Estimate - | Actual - |
Profitability
Profit Margin -12.1% | Operating Margin (TTM) 15.18% |
Management Effectiveness
Return on Assets (TTM) 1.25% | Return on Equity (TTM) -4.27% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 3257739955 | Price to Sales(TTM) 1.86 |
Enterprise Value 3257739955 | Price to Sales(TTM) 1.86 | ||
Enterprise Value to Revenue 5.76 | Enterprise Value to EBITDA 11.5 | Shares Outstanding 124504000 | Shares Floating 123224225 |
Shares Outstanding 124504000 | Shares Floating 123224225 | ||
Percent Insiders 1.27 | Percent Institutions 94.22 |
Upturn AI SWOT
Piedmont Office Realty Trust Inc
Company Overview
History and Background
Piedmont Office Realty Trust, Inc. (PDM) was founded in 1998. It operates as a real estate investment trust (REIT) focused on owning, managing, developing, and redeveloping high-quality office properties primarily located in select submarkets across major U.S. cities. Over time, it has grown through acquisitions and strategic asset management.
Core Business Areas
- Office Property Ownership: Piedmont's primary business is owning and operating Class A office properties in major U.S. markets. They generate revenue through leasing office space to tenants.
- Property Management: Piedmont also provides property management services for its owned properties, overseeing day-to-day operations, tenant relations, and property maintenance.
- Development and Redevelopment: Piedmont engages in strategic development and redevelopment projects to enhance the value of its existing properties and expand its portfolio.
Leadership and Structure
Piedmont's leadership team typically consists of a CEO, CFO, and other key executives responsible for various aspects of the company's operations. The organizational structure is hierarchical, with departments responsible for property management, leasing, finance, and other functions.
Top Products and Market Share
Key Offerings
- Class A Office Space: Piedmont offers premium office space in desirable locations. This includes modern amenities, flexible floor plans, and sustainable design features. They compete with other REITs and private landlords. Specific market share data is difficult to pinpoint for this product alone, as it's tied to the overall office REIT market and location specific. Competitors include Boston Properties (BXP), SL Green Realty (SLG) and Highwoods Properties (HIW).
Market Dynamics
Industry Overview
The office REIT industry is influenced by factors such as economic growth, interest rates, job creation, and evolving workplace trends. The COVID-19 pandemic significantly impacted the sector due to increased remote work and reduced office occupancy. Recovery is ongoing, with focus on high-quality assets and tenant amenities.
Positioning
Piedmont positions itself as an owner and operator of high-quality, sustainable office properties in desirable submarkets. Its competitive advantage lies in its portfolio of Class A properties and its focus on tenant satisfaction and sustainability.
Total Addressable Market (TAM)
The total addressable market is estimated to be several hundred billion dollars (US Office REIT Market). Piedmont captures a portion of this based on portfolio size and occupancy rates. Their position is relatively strong with focus on Class A space.
Upturn SWOT Analysis
Strengths
- High-quality Class A office portfolio
- Strategic locations in major U.S. cities
- Strong property management expertise
- Focus on sustainability and tenant satisfaction
Weaknesses
- Exposure to economic cycles and office market fluctuations
- Dependence on tenant leasing activity
- High debt levels
- Limited diversification outside of office properties
Opportunities
- Acquisition of undervalued office assets
- Development of new office properties in growing markets
- Increased demand for flexible office space
- Expansion of property management services
Threats
- Increased competition from other office REITs
- Rising interest rates and borrowing costs
- Economic recession and job losses
- Permanent shift towards remote work
Competitors and Market Share
Key Competitors
- BXP
- SLG
- HIW
Competitive Landscape
Piedmont competed effectively with other REITs based on location and property quality. Acquisition changed landscape.
Major Acquisitions
Cousins Properties Incorporated
- Year: 2024
- Acquisition Price (USD millions): 7800
- Strategic Rationale: Acquisition increased geographical footprint and provided Piedmont's shareholders a premium in the company's overall investment.
Growth Trajectory and Initiatives
Historical Growth: Growth was primarily driven by acquisitions and organic leasing before acquisition.
Future Projections: Future projections depend on market conditions and post-acquisition strategy. No public projections exist.
Recent Initiatives: Recent initiatives included sustainability programs and tenant amenity upgrades before acquisition.
Summary
Prior to acquisition, Piedmont was a moderately strong REIT focused on high-quality office properties. Strengths included a well-maintained portfolio and prime locations. However, risks included economic sensitivity and debt levels. The acquisition by Cousins Properties introduced significant changes for all PDM shareholders.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (Pre-Acquisition)
- Industry Reports
- Analyst Estimates (Pre-Acquisition)
Disclaimers:
Data may be outdated due to the recent acquisition. Market share estimates are approximate. This is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.piedmontreit.com |
Full time employees 150 | Website https://www.piedmontreit.com | ||
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in the Sunbelt. Its approximately $5 billion, predominantly unencumbered portfolio is currently comprised of approximately 16 million square feet. 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 Moody's (Baa3) and Fitch (BBB-). Piedmont is a 2024 ENERGY STAR Partner of the Year - Sustained Excellence.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.