Piedmont Office Realty Trust is a office REIT company located in Georgia, United States, which is part of the Real Estate sector, and is traded under the ticker PDM on the NYSE exchange.
Piedmont Office Realty Trust stock last closed at $6.72, down 2.47% from the previous day, and has increased 8.56% in one year. It has underperformed other stocks in the REIT - Office industry by 0.04 percentage points. Piedmont Office Realty Trust stock is currently +36.86% from its 52-week low of $4.91, and -16.52% from its 52-week high of $8.05.
At the moment, there are 123.8M PDM shares outstanding. The market cap of PDM is $831.94M. In the past 24 hours, 683,467 PDM shares were traded.
How to Buy Piedmont Office Realty Trust Stock
Not sure how to invest in Piedmont Office Realty Trust stock? Here's how.
Choose where to buy Piedmont Office Realty Trust stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Piedmont Office Realty Trust stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
Put funds into your investment account: Select your payment method and add your info.
Analyze Piedmont Office Realty Trust stock: The Piedmont Office Realty Trust ticker symbol is PDM. Is Piedmont Office Realty Trust stock a good investment? Should you buy shares of PDM? How do PDM's underlying business fundamentals look? Do top analysts think Piedmont Office Realty Trust is a good buy? Why has PDM's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if PDM is a good stock to buy).
Place your PDM trade: Decide if you will purchase PDM shares at the current market price or use a limit order to purchase PDM shares at a specific price.
Get notifications regarding your PDM investment: Create a watchlist to important updates regarding your new investment in Piedmont Office Realty Trust stock.
Step 1: Choose where to buy Piedmont Office Realty Trust stock
You will need a brokerage account in order to access the NYSE market and buy PDM stock.
A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you can buy PDM stock today.
After you have chosen the best place to buy Piedmont Office Realty Trust stock, it's absolutely critical to evaluate their stock before you invest, so you truly wrap your head around the risk and upside.
Piedmont Office Realty Trust quick stats
PDM Price
$6.72
1w %
5.66%
1y %
8.56%
5y %
-67.8%
P/E
-17.23x
P/B
0.48x
P/S
1.44x
PEG
N/A
Revenue
$577.76M
Earnings
-$48.39M
Fore. Rev. Growth
-1.32%
Fore. Earn. Growth
N/A
Market Cap
$831.94M
Next Earnings
May 1, 2024
Next Dividend
Jun 14, 2024
Piedmont Office Realty Trust Due Diligence Checks
WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PDM's stock page.
Is PDM stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PDM's intrinsic value.
Using relative valuations ratios:
PDM could be undervalued based on its P/B ratio of 0.48x, relative to REIT - Office industry P/B ratio of 0.89x
You can access additional valuation analysis on PDM's stock here.
PDM Financials at a glance
Failed Financial Due Diligence Checks:
PDM profit margin has gone down from 26% to -8.4% in the past year.
Total PDM debt is higher than 5 years ago, relative to shareholder equity.
PDM's operating cash flow of $210.13M allows it to safely service it's debt of $2.05B.
PDM earnings of $52.87M is not enough to cover its interest payments.
PDM has a relatively high debt to equity ratio of 1.36.
Last year, PDM revenue was $577.76M. Over the past 5 year, PDM's revenue has increased by 1.9% per year. This was slower than the REIT - Office industry average of 6.84%.
Piedmont Office Realty Trust pays a dividend of 8.71%, compared to the REIT - Office industry's average dividend yield of 6.76%. If you owned $1,000 worth of PDM stock, you would have been paid $87.05 last year.
Piedmont Office Realty Trust dividend payments have not consistently grown over the past decade and have not remained stable.
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Step 5: Place your PDM trade
You have two primary order types:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are usually fine for most investors.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place your order.
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How much does it cost to buy one Piedmont Office Realty Trust share?
As of Apr 25, 2024, it costs $6.72 to buy one share of Piedmont Office Realty Trust stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.446 shares of PDM.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.