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Piedmont Office Realty Trust manages 51 office properties with a focus on the Sunbelt region, primarily in Atlanta and Dallas. The company's occupancy rate increased to 87.1% in 2023, up 0.4% Y/Y, but
Atlanta, April 09, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Tuesday, April 30, 2024, after
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
While the top- and bottom-line numbers for Piedmont Office (PDM) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics
After losing some value lately, a hammer chart pattern has been formed for Piedmont Office (PDM), indicating that the stock has found support. This, combined with an upward trend in earnings estimate
Piedmont Office broke with stability when it reduced its quarterly dividend distribution but now offers a 7% dividend yield that was 256% covered by AFFO from its most recent quarter. The office REIT
Atlanta, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter financial results on Wednesday, February 7, 2024, a
Office REIT, Piedmont Office Realty Trust, is outperforming over the past month, up nearly 20%. The positive performance follows a strong quarterly showing, one that included positive updates on their
Piedmont Office Realty Trust, Inc. (NYSE:PDM ) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Company Participants Laura Moon - Senior Vice President & Chief Accounting Officer Brent Smi
Although the revenue and EPS for Piedmont Office (PDM) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with W

Piedmont Office (PDM) Matches Q3 FFO Estimates

08:18pm, Monday, 30'th Oct 2023
Piedmont Office (PDM) came out with quarterly funds from operations (FFO) of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.50 per share a year ago.
Sharply higher long-term borrowing costs for real estate during late summer have been a huge headwind for REIT operations and investment valuations. The demand for commercial real estate, especially o
Atlanta, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Monday, October 30, 2023, after
Piedmont Office Realty Trust is an undervalued office REIT with a yield of more than 9% and trading at less than $6/share. Despite a dividend cut and reduced outlook, the company is still considered a
“Value ranking, looks at the price of a stock relative to. intrinsic firm value. Graham Value Stocks match the criteria . Benjamin Graham followed. “—YCharts Value Screener. 66 August Value larg
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