Piedmont Office Realty Stock Analysis

PDM Stock  USD 9.44  0.08  0.85%   
Piedmont Office Realty is undervalued with Real Value of 10.25 and Target Price of 10.75. The main objective of Piedmont Office stock analysis is to determine its intrinsic value, which is an estimate of what Piedmont Office Realty is worth, separate from its market price. There are two main types of Piedmont Office's stock analysis: fundamental analysis and technical analysis.
The Piedmont Office stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Piedmont Office is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Piedmont Stock trading window is adjusted to America/New York timezone.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Piedmont Stock Analysis Notes

About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.71. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Piedmont Office Realty recorded a loss per share of 0.63. The entity last dividend was issued on the 22nd of November 2024. The firm had 1:12 split on the 10th of February 2010. 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. At the end of the third quarter, approximately 63 percent of the companys portfolio was ENERGY STAR certified and approximately 41 percent was LEED certified. Piedmont Office operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 134 people. To find out more about Piedmont Office Realty contact Christopher Smith at 770 418 8800 or learn more at https://www.piedmontreit.com.

Piedmont Office Quarterly Total Revenue

139.29 Million

Piedmont Office Realty Investment Alerts

Piedmont Office generated a negative expected return over the last 90 days
Piedmont Office has high likelihood to experience some financial distress in the next 2 years
Piedmont Office Realty has 2.1 B in debt with debt to equity (D/E) ratio of 0.92, which is OK given its current industry classification. Piedmont Office Realty has a current ratio of 0.46, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Piedmont to invest in growth at high rates of return.
The entity reported the last year's revenue of 577.76 M. Reported Net Loss for the year was (48.39 M) with profit before taxes, overhead, and interest of 337.71 M.
Over 93.0% of Piedmont Office shares are owned by institutional investors
Latest headline from phys.org: Piedmont power line plan Environmental groups worry of unintended consequences

Piedmont Office Realty Upcoming and Recent Events

7th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Piedmont Largest EPS Surprises

Earnings surprises can significantly impact Piedmont Office's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-07-18
2023-06-30-0.01-0.02-0.01100 
2022-02-07
2021-12-310.080.07-0.0112 
2021-10-27
2021-09-300.080.090.0112 
View All Earnings Estimates

Piedmont Office Environmental, Social, and Governance (ESG) Scores

Piedmont Office's ESG score is a quantitative measure that evaluates Piedmont Office's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Piedmont Office's operations that may have significant financial implications and affect Piedmont Office's stock price as well as guide investors towards more socially responsible investments.

Piedmont Office Thematic Classifications

In addition to having Piedmont Office stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Real Estate Idea
Real Estate
USA Equities from Real Estate industry as classified by Fama & French

Piedmont Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Vision Capital Corp2024-09-30
2.1 M
Prudential Financial Inc2024-09-30
M
Nuveen Asset Management, Llc2024-06-30
1.8 M
Glenmede Trust Co Na2024-09-30
1.7 M
Dimensional Fund Advisors, Inc.2024-09-30
1.7 M
Amvescap Plc.2024-06-30
1.6 M
Northern Trust Corp2024-09-30
1.5 M
Goldman Sachs Group Inc2024-06-30
1.5 M
Hudson Bay Capital Management Lp2024-09-30
1.4 M
Vanguard Group Inc2024-09-30
19.4 M
Blackrock Inc2024-06-30
16.9 M
Note, although Piedmont Office's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Piedmont Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.16 B.

Piedmont Profitablity

The company has Net Profit Margin of (0.13) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income.

Management Efficiency

Piedmont Office Realty has Return on Asset of 0.0115 % which means that on every $100 spent on assets, it made $0.0115 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0454) %, meaning that it generated no profit with money invested by stockholders. Piedmont Office's management efficiency ratios could be used to measure how well Piedmont Office manages its routine affairs as well as how well it operates its assets and liabilities.
Management at Piedmont Office Realty focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Dividend Yield
0.0534
Operating Margin
0.1357
Profit Margin
(0.13)
Forward Dividend Yield
0.0534
Beta
1.194

Technical Drivers

As of the 25th of November, Piedmont Office holds the Coefficient Of Variation of 1926.51, risk adjusted performance of 0.0452, and Semi Deviation of 1.55. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Piedmont Office, as well as the relationship between them. Please check Piedmont Office Realty information ratio, as well as the relationship between the potential upside and kurtosis to decide if Piedmont Office Realty is priced some-what accurately, providing market reflects its current price of 9.44 per share. Given that Piedmont Office has jensen alpha of (0.04), we recommend you to check out Piedmont Office Realty's recent market performance to make sure the company can sustain itself at a future point.

Piedmont Office Realty Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Piedmont Office middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Piedmont Office Realty. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Piedmont Office Realty Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Piedmont Office insiders, such as employees or executives, is commonly permitted as long as it does not rely on Piedmont Office's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Piedmont Office insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Piedmont Office Outstanding Bonds

Piedmont Office issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Piedmont Office Realty uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Piedmont bonds can be classified according to their maturity, which is the date when Piedmont Office Realty has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Piedmont Office Predictive Daily Indicators

Piedmont Office intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Piedmont Office stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Piedmont Office Corporate Filings

F3
8th of November 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
F4
29th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
24th of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
13A
18th of October 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
30th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
31st of July 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
F4
2nd of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
25th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Piedmont Office Forecast Models

Piedmont Office's time-series forecasting models are one of many Piedmont Office's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Piedmont Office's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Piedmont Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Piedmont Office prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Piedmont shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Piedmont Office. By using and applying Piedmont Stock analysis, traders can create a robust methodology for identifying Piedmont entry and exit points for their positions.
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. At the end of the third quarter, approximately 63 percent of the companys portfolio was ENERGY STAR certified and approximately 41 percent was LEED certified. Piedmont Office operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 134 people.

Current Piedmont Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Piedmont analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Piedmont analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
10.75Strong Buy3Odds
Piedmont Office Realty current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Piedmont analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Piedmont stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Piedmont Office Realty, talking to its executives and customers, or listening to Piedmont conference calls.
Piedmont Analyst Advice Details

Piedmont Stock Analysis Indicators

Piedmont Office Realty stock analysis indicators help investors evaluate how Piedmont Office stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Piedmont Office shares will generate the highest return on investment. By understating and applying Piedmont Office stock analysis, traders can identify Piedmont Office position entry and exit signals to maximize returns.
Begin Period Cash Flow19.6 M
Long Term Debt2.1 B
Common Stock Shares Outstanding123.7 M
Total Stockholder Equity1.7 B
Quarterly Earnings Growth Y O Y-0.7
Property Plant And Equipment Net3.4 B
Cash And Short Term Investments4.2 M
Cash825 K
Accounts Payable131.5 M
Net Debt2.1 B
50 Day M A10.0492
Total Current Liabilities89.9 M
Other Operating Expenses500.5 M
Non Current Assets Total3.9 B
Non Currrent Assets Other3.7 B
Stock Based Compensation8.1 M
When determining whether Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Office. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
0.5
Earnings Share
(0.63)
Revenue Per Share
4.621
Quarterly Revenue Growth
(0.05)
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.