Piedmont Office Realty Trust, Inc.PDM

$8.94+0.21 (+2.41%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$1B
Small-cap
-66%
2016 — today
10-Year Price
-60%
2016 — today
52-Week Range
$6.39$9.21
Current $8.94· 90%

Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.

Valuation in context

P/E ratio
-12.8
N/A
Not meaningful — company is unprofitable
P/B ratio
0.8
Below average
Below the 10-year average
EV / EBITDA
12.5
Below average
Below the 10-year average
FCF Yield
0.8%
Historically low
Historically low relative to the last 10 years
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