PDM

News

zacks.comPiedmont Realty Trust (PDM) Just Flashed Golden Cross Signal: Do You Buy?zacks.comJun 16

zacks.comPiedmont Realty Trust: Leasing Surge Signals Premium Office Demandzacks.comJun 2

globenewswire.comPiedmont REIT Signs 240,000 SF of Leases Second Quarter-to-Date Bringing YTD Leasing to approximately 670,000 SFglobenewswire.comJun 1

seekingalpha.comPiedmont Realty Trust, Inc. (PDM) Shareholder/Analyst Call Prepared Remarks Transcriptseekingalpha.comMay 12

seekingalpha.comThe Overlooked Trend That Could Supercharge REIT Dividendsseekingalpha.comMay 10

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About Piedmont Office Realty Trust, Inc.

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.

CEO: Christopher Brent Smith
IPO Date: Feb 10, 2010

Market Data

Open: $8.85
High: $9.02
Low: $8.85
Volume: 777.2K
Avg Volume: 1.4M
52W High: $9.44
52W Low: $6.32

Valuation

Market Cap: $1.1B
Enterprise Value: $3.4B
Dividend Yield: 50.0%

Financials

Free Cash Flow: $-17M
Revenue: $565M
Net Income: $-84M
Cash: $731k
Debt: $2.3B

Events

EarningsJul 28

EPS est. -0.03038