PDM Stock - Piedmont Office Realty Trust, Inc.
Unlock GoAI Insights for PDM
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $570.32M | $577.76M | $563.77M | $528.71M | $535.02M |
| Gross Profit | $336.20M | $342.67M | $337.71M | $317.78M | $320.09M |
| Gross Margin | 58.9% | 59.3% | 59.9% | 60.1% | 59.8% |
| Operating Income | $74.24M | $77.26M | $84.03M | $80.92M | $88.76M |
| Net Income | $-79,069,000 | $-48,387,000 | $146.83M | $-1,153,000 | $232.69M |
| Net Margin | -13.9% | -8.4% | 26.0% | -0.2% | 43.5% |
| EPS | $-0.64 | $-0.39 | $1.19 | $-0.01 | $1.85 |
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 select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 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 S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| January 16th 2025 | Robert W. Baird | Downgrade | Neutral | $11 |
Earnings History & Surprises
PDMEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 27, 2026 | — | — | — | — |
Q1 2026 | Feb 12, 2026 | $0.35 | — | — | — |
Q4 2025 | Oct 27, 2025 | $0.34 | $0.35 | +2.9% | ✓ BEAT |
Q3 2025 | Jul 28, 2025 | $0.35 | $0.36 | +2.9% | ✓ BEAT |
Q2 2025 | Apr 28, 2025 | $0.35 | $0.36 | +2.9% | ✓ BEAT |
Q1 2025 | Feb 13, 2025 | $0.37 | $0.37 | 0.0% | = MET |
Q4 2024 | Oct 24, 2024 | $0.37 | $0.36 | -2.7% | ✗ MISS |
Q3 2024 | Jul 31, 2024 | $0.37 | $0.37 | 0.0% | = MET |
Q2 2024 | Apr 30, 2024 | $0.39 | $0.39 | 0.0% | = MET |
Q1 2024 | Feb 7, 2024 | $0.42 | $0.41 | -2.4% | ✗ MISS |
Q4 2023 | Oct 30, 2023 | $0.43 | $0.43 | 0.0% | = MET |
Q3 2023 | Jul 20, 2023 | $0.46 | $0.45 | -2.2% | ✗ MISS |
Q2 2023 | May 1, 2023 | $0.46 | $0.46 | 0.0% | = MET |
Q1 2023 | Feb 8, 2023 | $0.03 | $0.61 | +1933.3% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.50 | $0.50 | 0.0% | = MET |
Q3 2022 | Jul 27, 2022 | $0.50 | $0.50 | 0.0% | = MET |
Q2 2022 | Apr 27, 2022 | $0.51 | $0.51 | 0.0% | = MET |
Q1 2022 | Feb 7, 2022 | $0.50 | $0.51 | +2.0% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $0.49 | $0.50 | +2.0% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.48 | $0.48 | 0.0% | = MET |
Latest News
Piedmont Realty Trust Completes Over 475K Square Feet Of Leasing In Q4, With ~275K Square Feet Related To New Tenants
📈 PositiveTruist Securities Maintains Buy on Piedmont Realty Trust, Raises Price Target to $10
📈 PositivePiedmont Realty Trust Announces Cash Tender Offer To Buy Its Outstanding 9.250% Senior Notes Due 2028
➖ NeutralPiedmont Realty Trust Narrows FY2025 FFO Guidance from $1.38-$1.44 to $1.40-$1.42 vs $1.42 Est
➖ NeutralPiedmont Office Realty Q3 FFO $0.35 Beats $0.34 Estimate, Sales $139.163M Miss $139.230M Estimate
➖ NeutralFrequently Asked Questions about PDM
What is PDM's current stock price?
What is the analyst price target for PDM?
What sector is Piedmont Office Realty Trust, Inc. in?
What is PDM's market cap?
Does PDM pay dividends?
Similar Stocks
Real Estate SectorExplore stocks similar to PDM for comparison