Piedmont Office Realty Stock Analysis
PDM Stock | USD 9.52 0.16 1.65% |
Piedmont Office Realty is undervalued with Real Value of 10.27 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 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, Memorial Day. Piedmont Stock trading window is adjusted to America/New York timezone.
Piedmont |
Piedmont Stock Analysis Notes
About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.74. 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 |
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Piedmont Office Realty Investment Alerts
Piedmont Office Realty has 2.05 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. | |
Piedmont Office has a strong financial position based on the latest SEC filings | |
Over 93.0% of Piedmont Office shares are owned by institutional investors | |
Latest headline from bizjournals.com: Castellucci Hospitality Group CEO Federico Castellucci thankful for Piedmont Hospital doctors |
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 | -0.01 | 100 | ||
2022-02-07 | 2021-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2021-10-27 | 2021-09-30 | 0.08 | 0.09 | 0.01 | 12 |
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 EstateUSA 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 Corp | 2024-09-30 | 2.1 M | Prudential Financial Inc | 2024-09-30 | 2 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.8 M | Glenmede Trust Co Na | 2024-09-30 | 1.7 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.7 M | Amvescap Plc. | 2024-06-30 | 1.6 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Goldman Sachs Group Inc | 2024-06-30 | 1.5 M | Hudson Bay Capital Management Lp | 2024-09-30 | 1.4 M | Vanguard Group Inc | 2024-09-30 | 19.4 M | Blackrock Inc | 2024-06-30 | 16.9 M |
Piedmont Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.18 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.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.01) | (0.01) | |
Return On Capital Employed | 0.02 | 0.02 | |
Return On Assets | (0.01) | (0.01) | |
Return On Equity | (0.03) | (0.03) |
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. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to -0.01. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, Piedmont Office's Asset Turnover is very stable compared to the past year.Last Reported | Projected for Next Year | ||
Book Value Per Share | 13.93 | 11.50 | |
Tangible Book Value Per Share | 12.83 | 10.38 | |
Enterprise Value Over EBITDA | 12.69 | 16.96 | |
Price Book Value Ratio | 0.51 | 0.49 | |
Enterprise Value Multiple | 12.69 | 16.96 | |
Price Fair Value | 0.51 | 0.49 | |
Enterprise Value | 2.9 B | 5.2 B |
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 0.0517 | Operating Margin 0.1357 | Profit Margin (0.13) | Forward Dividend Yield 0.0517 | Beta 1.194 |
Technical Drivers
As of the 30th of November, Piedmont Office holds the Variance of 2.78, risk adjusted performance of 0.0052, and Coefficient Of Variation of (300,822). 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 coefficient of variation and maximum drawdown to decide if Piedmont Office Realty is priced some-what accurately, providing market reflects its current price of 9.52 per share. Given that Piedmont Office has information ratio of (0.08), 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
The output start index for this execution was nine with a total number of output elements of fifty-two. 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.
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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.
Accumulation Distribution | 14244.54 | |||
Daily Balance Of Power | (0.57) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 9.66 | |||
Day Typical Price | 9.61 | |||
Price Action Indicator | (0.22) | |||
Period Momentum Indicator | (0.16) | |||
Relative Strength Index | 53.08 |
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.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.08) | (0.08) | |
Operating Profit Margin | 0.13 | 0.26 | |
Net Loss | (0.08) | (0.08) | |
Gross Profit Margin | 0.59 | 0.69 |
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 Price | Advice | # of Analysts | |
10.75 | Strong Buy | 3 | Odds |
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 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 Flow | 19.6 M | |
Long Term Debt | 2.1 B | |
Common Stock Shares Outstanding | 123.7 M | |
Total Stockholder Equity | 1.7 B | |
Quarterly Earnings Growth Y O Y | -0.7 | |
Property Plant And Equipment Net | 3.4 B | |
Cash And Short Term Investments | 825 K | |
Cash | 825 K | |
Accounts Payable | 131.5 M | |
Net Debt | 2.1 B | |
50 Day M A | 10.0296 | |
Total Current Liabilities | 89.9 M | |
Other Operating Expenses | 524.9 M | |
Non Current Assets Total | 3.8 B | |
Non Currrent Assets Other | 3.7 B | |
Stock Based Compensation | 8.1 M |
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.