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NYSEReal EstateREIT - Office
Latest quote
$9.68
−$0.01 · -0.10%
Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.
Previous close
$9.68
−$0.01 · -0.10%
Regular session · ET · Market data may be delayed.
Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.
Day range
Current $9.68
52-week range
Current $9.68
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
55
Fair Value
Sentiment
63
Bullish
Risk
33
Moderate Risk
Momentum
47
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.
Day range
Current $9.68
52-week range
Current $9.68
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 564.99M USD | 570.32M USD | 577.76M USD | 563.77M USD | 528.71M USD |
| Cost of goods sold | 682.05M USD | 234.12M USD | 235.09M USD | 226.06M USD | 210.93M USD |
| Gross profit | −117.06M USD | 336.2M USD | 342.67M USD | 337.71M USD | 317.78M USD |
| Selling, general, and administrative | 30.59M USD | 35.42M USD | 29.19M USD | 29.13M USD | 30.25M USD |
| Operating expenses | −196.5M USD | 261.96M USD | 265.4M USD | 253.68M USD | 236.86M USD |
| Interest expense | 128.01M USD | 122.98M USD | 101.26M USD | 65.66M USD | 51.29M USD |
| Depreciation and amortization | 227.09M USD | 177.89M USD | 236.21M USD | 224.55M USD | 206.61M USD |
| Operating income | 79.45M USD | 74.24M USD | 77.26M USD | 84.03M USD | 80.92M USD |
| Net income | −83.6M USD | −79.07M USD | −48.39M USD | 146.83M USD | −1.15M USD |
Company facts updated Sep 7, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Cash distributions grouped by calendar year; partial years are marked.
$0.50
2024 complete year-40.5% since 2020
$0.84
2,020
$1.05
2,021
$0.84
2,022
$0.67
2,023
$0.50
2,024
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Feb 21, 2025 | $0.125Quarterly | Feb 21, 2025 | Mar 14, 2025 |
Dividend | Nov 22, 2024 | $0.125Quarterly | Nov 22, 2024 | Jan 2, 2025 |
Dividend | Aug 23, 2024 | $0.125Quarterly | Aug 23, 2024 | Sep 20, 2024 |
Dividend | May 23, 2024 | $0.125Quarterly | May 24, 2024 | Jun 14, 2024 |
Dividend | Feb 22, 2024 | $0.125Quarterly | Feb 23, 2024 | Mar 15, 2024 |
Dividend | Nov 22, 2023 | $0.125Quarterly | Nov 24, 2023 | Jan 2, 2024 |
Ex-dividend Feb 21, 2025
$0.125
Quarterly
Record Feb 21, 2025 · Payment Mar 14, 2025
Ex-dividend Nov 22, 2024
$0.125
Quarterly
Record Nov 22, 2024 · Payment Jan 2, 2025
Ex-dividend Aug 23, 2024
$0.125
Quarterly
Record Aug 23, 2024 · Payment Sep 20, 2024
Ex-dividend May 23, 2024
$0.125
Quarterly
Record May 24, 2024 · Payment Jun 14, 2024
Ex-dividend Feb 22, 2024
$0.125
Quarterly
Record Feb 23, 2024 · Payment Mar 15, 2024
Ex-dividend Nov 22, 2023
$0.125
Quarterly
Record Nov 24, 2023 · Payment Jan 2, 2024
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Real Estate ETFVNQ46.09M0.06%73.1B USD0.13%$96.02-0.66%
Vanguard Morningstar Total Stock Market ETFVTI39.17M0.00%2.3T USD0.03%$379.73-0.32%
iShares Russell 2000 ETFIWM31.54M0.04%80.51B USD0.19%$296.01+0.28%
Vanguard Morningstar Small-Cap ETFVB27.81M0.02%183.4B USD0.03%$300.01+0.05%
Vanguard Morningstar Small-Cap Value ETFVBR17.69M0.03%68.3B USD0.05%$247.11+0.08%
Vanguard Extended Market ETFVXF14.01M0.01%93.7B USD0.05%$242.66+0.14%
Cohen & Steers Real Estate Active ETFCSRE12.17M2.12%104.94M USD0.70%$28.36-0.49%
iShares Russell 2000 Value ETFIWN11.5M0.08%14.61B USD0.24%$224.62+0.40%Vanguard Real Estate ETFVNQVanguard Morningstar Total Stock Market ETFVTIiShares Russell 2000 ETFIWMVanguard Morningstar Small-Cap ETFVBVanguard Morningstar Small-Cap Value ETFVBRVanguard Extended Market ETFVXFCohen & Steers Real Estate Active ETFCSREiShares Russell 2000 Value ETFIWNAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
