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Piedmont Office Realty Trust Inc
NYSE:PDM

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Piedmont Office Realty Trust Inc Logo
Piedmont Office Realty Trust Inc
NYSE:PDM
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Price: 6.72 USD -2.47% Market Closed
Updated: Apr 26, 2024

Intrinsic Value

PDM's intrinsic value estimate is unreliable because it is based only on its multiples and doesn't use a DCF valuation.

Piedmont Office Realty Trust, Inc. engages in the owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of office real estate assets. [ Read More ]

The intrinsic value of one PDM stock under the Base Case scenario is 26.35 USD. Compared to the current market price of 6.72 USD, Piedmont Office Realty Trust Inc is Undervalued by 74%.

Key Points:
PDM Intrinsic Value
Base Case
26.35 USD
Undervaluation 74%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

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Piedmont Office Realty Trust Inc

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Fundamental Analysis

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Piedmont Office Realty Trust Inc

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of Piedmont Office Realty Trust Inc.

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does Piedmont Office Realty Trust Inc hold over its rivals?

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does Piedmont Office Realty Trust Inc face in the near future?

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in Piedmont Office Realty Trust Inc recently?

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for Piedmont Office Realty Trust Inc with those of its competitors based on recent analyst estimates.

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of Piedmont Office Realty Trust Inc and its key competitors using the latest financial data.

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of Piedmont Office Realty Trust Inc against its competitors.

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(gross, operating, and net) of Piedmont Office Realty Trust Inc compared to its peers.

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over the last 5 years for Piedmont Office Realty Trust Inc?

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of Piedmont Office Realty Trust Inc?

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trend over the past five years for Piedmont Office Realty Trust Inc.

Financials

Balance Sheet Decomposition
Piedmont Office Realty Trust Inc

Current Assets 221m
Cash & Short-Term Investments 825k
Receivables 191.8m
Other Current Assets 28.5m
Non-Current Assets 3.8B
PP&E 3.4B
Intangibles 136.1m
Other Non-Current Assets 270m
Current Liabilities 146.7m
Accounts Payable 131.5m
Other Current Liabilities 15.1m
Non-Current Liabilities 2.2B
Long-Term Debt 2.1B
Other Non-Current Liabilities 134.4m
Efficiency

Earnings Waterfall
Piedmont Office Realty Trust Inc

Revenue
577.8m USD
Cost of Revenue
-235.1m USD
Gross Profit
342.7m USD
Operating Expenses
-265.4m USD
Operating Income
77.3m USD
Other Expenses
-125.6m USD
Net Income
-48.4m USD

Free Cash Flow Analysis
Piedmont Office Realty Trust Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
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Table
Fundamental Scores

PDM Profitability Score
Profitability Due Diligence

Piedmont Office Realty Trust Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Negative Net Income
Positive 3-Years Revenue Growth
Positive Operating Income
43/100
Profitability
Score

Piedmont Office Realty Trust Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

PDM Solvency Score
Solvency Due Diligence

Piedmont Office Realty Trust Inc's solvency score is 36/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Short-Term Solvency
Average D/E
Positive Net Debt
36/100
Solvency
Score

Piedmont Office Realty Trust Inc's solvency score is 36/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

PDM Price Targets Summary
Piedmont Office Realty Trust Inc

Wall Street analysts forecast PDM stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PDM is 9.95 USD with a low forecast of 9.6 USD and a high forecast of 10.5 USD.

Lowest
Price Target
9.6 USD
43% Upside
Average
Price Target
9.95 USD
48% Upside
Highest
Price Target
10.5 USD
56% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

PDM Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

PDM Price
Piedmont Office Realty Trust Inc

1M 1M
+4%
6M 6M
+30%
1Y 1Y
+13%
3Y 3Y
-57%
5Y 5Y
-59%
10Y 10Y
-38%
Annual Price Range
6.72
52w Low
5.07
52w High
7.98
Price Metrics
Average Annual Return -9.22%
Standard Deviation of Annual Returns 33.87%
Max Drawdown -74%
Shares Statistics
Market Capitalization 831.4m USD
Shares Outstanding 123 890 000
Percentage of Shares Shorted 3.64%

PDM Return Decomposition
Main factors of price return

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Company Profile

Piedmont Office Realty Trust Inc Logo
Piedmont Office Realty Trust Inc

Country

United States of America

Industry

Real Estate

Market Cap

831.4m USD

Dividend Yield

7.17%

Description

Piedmont Office Realty Trust, Inc. engages in the owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of office real estate assets. The company is headquartered in Atlanta, Georgia and currently employs 134 full-time employees. The company went IPO on 2010-02-10. The firm is engaged in the ownership, management, development, redevelopment, and operation of Class A office properties located primarily in the Sunbelt. The firm conducts its business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. The company owns and operates approximately 55 in-service office properties comprised of approximately 17.1 million square feet of primarily Class A office space which were approximately 86% leased. Additionally, the Company has one redevelopment asset comprising approximately 127,000 square feet in Orlando, Florida. Its properties are located in select sub-markets within seven United States office markets, including Atlanta, Dallas, Washington, D.C., Minneapolis, Boston, Orlando, and New York.

Contact

GEORGIA
Atlanta
5565 Glenridge Connector Ste 450
+17704188800.0
http://www.piedmontreit.com/

IPO

2010-02-10

Employees

134

Officers

President, CEO & Director
Mr. Christopher Brent Smith
CFO, Executive VP & Chief Administrative Officer
Mr. Robert E. Bowers CPA
Executive VP & COO
Mr. George M. Wells
Executive Vice President of Investments & Strategy
Mr. Christopher A. Kollme
Executive VP of Northeast Region & Co-Head of Development
Mr. Robert K. Wiberg
Chief Accounting Officer & Senior VP
Ms. Laura P. Moon
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Senior VP, Associate General Counsel & Corporate Secretary
Thomas A. McKean
Vice President of Human Resource
Ms. Lisa M. Tyler
Executive Vice President of Dallas - Southwest Region
Mr. Damian J. Miller CFA
Executive Vice President of Property Management
Mr. Kevin D. Fossum
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See Also

Discover More
What is the Intrinsic Value of one PDM stock?

The intrinsic value of one PDM stock under the Base Case scenario is 26.35 USD.

Is PDM stock undervalued or overvalued?

Compared to the current market price of 6.72 USD, Piedmont Office Realty Trust Inc is Undervalued by 74%.