Piedmont Office Financials

PDM Stock  USD 9.68  0.10  1.02%   
Based on the measurements of operating efficiency obtained from Piedmont Office's historical financial statements, Piedmont Office Realty may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Piedmont Office's Other Stockholder Equity is very stable compared to the past year. As of the 28th of November 2024, Short Term Debt is likely to grow to about 439.8 M, while Total Current Liabilities is likely to drop about 85.4 M. Key indicators impacting Piedmont Office's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.251.1936
Sufficiently Up
Slightly volatile
Operating Income102.6 M77.3 M
Significantly Up
Slightly volatile
Current Ratio2.412.179
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Piedmont Office includes many different criteria found on its balance sheet. An individual investor should monitor Piedmont Office's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Piedmont Office.

Cash And Equivalents

10.02 Million

  
Understanding current and past Piedmont Office Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Piedmont Office's financial statements are interrelated, with each one affecting the others. For example, an increase in Piedmont Office's assets may result in an increase in income on the income statement.

Piedmont Office Earnings Geography

Piedmont Office Stock Summary

Piedmont Office competes with Highwoods Properties, Douglas Emmett, Kilroy Realty, Cousins Properties, and Brandywine Realty. 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.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS7201902068
CUSIP720190206
LocationGeorgia; U.S.A
Business Address5565 Glenridge Connector,
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.piedmontreit.com
Phone770 418 8800
CurrencyUSD - US Dollar

Piedmont Office Key Financial Ratios

Piedmont Office Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.7B3.9B4.1B4.1B4.5B
Net Debt1.5B1.6B1.9B2.0B2.1B1.6B
Accounts Payable117.5M112.0M114.5M110.3M131.5M119.5M
Cash13.5M7.3M7.4M16.5M825K783.8K
Net Receivables159.3M278.1M284.1M176.8M191.8M177.4M
Total Liab1.7B1.8B2.1B2.2B2.3B2.0B
Total Current Assets174.7M287.3M301.4M213.5M227.5M216.1M
Short Term Debt205M985K327.6M290M368.3M439.8M
Intangible Assets81.0M90.6M94.4M114.4M82.6M95.9M
Other Current Liab25.4M(301.9M)(264.0M)(324.6M)(499.8M)(474.8M)
Other Liab60.0M72.3M120.0M104.3M93.9M76.1M
Retained Earnings(1.9B)(1.8B)(1.9B)(1.9B)(2.0B)(2.1B)
Other Assets275.2M2.9B3.0B287.3M(31.5M)(29.9M)
Long Term Debt1.5B1.6B1.9B2.0B2.1B1.7B
Other Current Assets(174.7M)(287.3M)(293.0M)17.2M34.9M33.1M
Common Stock1.3M1.2M1.2M1.2M1.2M1.9M
Net Tangible Assets1.7B1.8B1.6B1.8B1.6B1.6B
Long Term Debt Total1.5B1.6B1.9B2.0B2.3B1.9B
Capital Surpluse3.7B3.7B3.7B3.7B4.3B4.0B

Piedmont Office Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense61.6M55.0M51.3M65.7M101.3M67.5M
Total Revenue533.2M535.0M528.7M563.8M577.8M592.7M
Gross Profit321.8M320.1M317.8M337.7M106.5M101.1M
Operating Income92.3M91.3M91.1M86.7M77.3M102.6M
Ebit92.3M45.3M(160.3M)(171.2M)77.3M89.8M
Ebitda285.5M491.5M218.1M234.4M231.1M247.1M
Cost Of Revenue211.4M214.9M210.9M226.1M471.3M237.7M
Income Before Tax229.3M232.7M(1.2M)146.8M(48.4M)(46.0M)
Net Income166.1M175.1M(62.7M)272.6M(48.4M)(46.0M)
Income Tax Expense63.2M57.6M61.5M(125.7M)101.7M106.8M
Interest Income61.6M55.0M51.3M65.7M59.1M49.7M
Net Interest Income(61.6M)(55.0M)(51.3M)(65.7M)(101.3M)(106.3M)

Piedmont Office Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory11.3M(6.3M)(1.9M)(10.7M)(12.3M)(12.9M)
Change In Cash9.4M(6.2M)(354K)10.7M(15.4M)(14.6M)
Free Cash Flow104.9M80.7M119.6M93.9M51.9M49.3M
Depreciation177.6M195.1M199.3M215.4M148.5M183.8M
Other Non Cash Items87K2.1M3.3M(125.0M)111.0M116.6M
Dividends Paid106.4M106.3M103.9M104.4M93.1M140.0M
Capital Expenditures103.6M112.6M122.6M121.4M158.2M94.7M
Net Income229.3M232.7M(1.2M)146.8M(48.4M)(46.0M)
End Period Cash Flow15.4M9.2M8.9M19.6M4.2M4.0M
Investments134.4M(197.9M)(368.9M)118.5M(17.9M)(17.0M)
Change Receivables15.7M(30.9M)(9.7M)(14.2M)(16.3M)(17.1M)
Net Borrowings151K137.9M252.9M(94.0M)(108.0M)(102.6M)
Change To Netincome221.4M(215.9M)52.6M(116.8M)(134.3M)(127.6M)

Piedmont Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Piedmont Office's current stock value. Our valuation model uses many indicators to compare Piedmont Office value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Piedmont Office competition to find correlations between indicators driving Piedmont Office's intrinsic value. More Info.
Piedmont Office Realty is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Piedmont Office's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Piedmont Office by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Piedmont Office Realty Systematic Risk

Piedmont Office's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Piedmont Office volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Piedmont Office Realty correlated with the market. If Beta is less than 0 Piedmont Office generally moves in the opposite direction as compared to the market. If Piedmont Office Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Piedmont Office Realty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Piedmont Office is generally in the same direction as the market. If Beta > 1 Piedmont Office moves generally in the same direction as, but more than the movement of the benchmark.

Piedmont Office Thematic Clasifications

Piedmont Office Realty is part of Real Estate investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Real Estate industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Real EstateView
This theme covers USA Equities from Real Estate industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Piedmont Office Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Piedmont Office's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Piedmont Office growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.15

At this time, Piedmont Office's Price Earnings To Growth Ratio is very stable compared to the past year.

Piedmont Office November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Piedmont Office help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Piedmont Office Realty. We use our internally-developed statistical techniques to arrive at the intrinsic value of Piedmont Office Realty based on widely used predictive technical indicators. In general, we focus on analyzing Piedmont Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Piedmont Office's daily price indicators and compare them against related drivers.
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.