Piedmont Office Realty Trust (NYSE:PDM) Releases FY 2025 Earnings Guidance

Piedmont Office Realty Trust (NYSE:PDM) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.380-1.440 for the period, compared to the consensus estimate of 1.450. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on PDM shares. StockNews.com lowered shares of Piedmont Office Realty Trust from a “hold” rating to a “sell” rating in a research report on Monday, January 20th. Robert W. Baird downgraded shares of Piedmont Office Realty Trust from an “outperform” rating to a “neutral” rating and set a $11.00 price target on the stock. in a research note on Thursday, January 16th. Finally, Baird R W lowered shares of Piedmont Office Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 16th.

Piedmont Office Realty Trust Price Performance

PDM stock traded down $0.02 during midday trading on Thursday, reaching $8.01. 800,056 shares of the stock were exchanged, compared to its average volume of 617,483. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.22 and a quick ratio of 2.22. The stock has a market capitalization of $992.62 million, a PE ratio of -12.91 and a beta of 1.19. Piedmont Office Realty Trust has a 52 week low of $5.93 and a 52 week high of $11.11. The company has a fifty day moving average price of $8.80 and a 200 day moving average price of $9.36.

Piedmont Office Realty Trust (NYSE:PDM) last released its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. Piedmont Office Realty Trust had a negative return on equity of 4.61% and a negative net margin of 13.47%. As a group, analysts expect that Piedmont Office Realty Trust will post 1.49 EPS for the current fiscal year.

Piedmont Office Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.25%. Piedmont Office Realty Trust’s dividend payout ratio (DPR) is presently -80.64%.

About Piedmont Office Realty Trust

Piedmont Office Realty Trust, Inc (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust ("REIT") with local management offices in each of its markets and is investment-grade rated by Standard & Poor's and Moody's.