Piedmont Office Realty Trust Inc - Class A (PDM) Company Profile & Statistics

Piedmont Office Realty Trust Inc - Class A
PDM
(NYSE)
N/A
6.73
-0.16 (-2.32%)
in:usd•As of: Apr 25, 2024 15:59 UTC -4
Open
6.75
High
6.80
Low
6.68

About Piedmont Office Realty Trust Inc - Class A

CEO

C. Brent Smith

Headquarters

5565 glenridge connector, ste 450

atlanta, ga 30342, united states

Auditor

Deloitte & Touche LLP

Employees

150

Share Holders

7,277

Website

https://www.piedmontreit.com

Industry

real estate investment trusts

Sector

finance

Company Overview

Piedmont Office Realty Trust, Inc. is an integrated and self-managed real estate investment trust specializing in the acquisition, ownership, management and development of commercial real estate properties. That includes properties that are under construction, newly constructed, or have operating histories. The Company is primarily focused on high-quality Class A office buildings located in major U.S. markets and leased primarily to high-credit quality tenants. Major markets include: Washington, D.C., greater Los Angeles, the New York metropolitan area, Boston and Chicago. Piedmont conducts business primarily through Piedmont Operating Partnership, LP; a Delaware limited partnership, as well as performing the management of its buildings through two wholly-owned subsidiaries, Piedmont Government Services, LLC and Piedmont Office Management, LLC. Piedmont OP owns a majority of its properties directly and a limited number through joint ventures with real estate limited partnerships with other third parties.

Piedmont Office Realty Trust Inc - Class A Statistics

Valuation Measures

Market Capitalization ²	863.50M
Enterprise Value	2.91B
Enterprise Value/EBITDA (ttm)	10.39
Price to Earnings Ratio (ttm)	3.98
Price to Book (mrq)	0.50
Price to Sales (ttm)	1.49
Price to Cash (ytd)	4.68

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	-8.38%
Profit Margin (ttm)	-8.30%
Return on Equity (ttm)	-2.72%
Return on Invested Capital (ttm)	-1.27%
Return on Assets (ttm)	-1.18%

Income Statement

Revenue (ttm)	577.76M
Revenue Per Share (ttm)	4.67
Gross Profit (ttm)	0.00
EBITDA (ttm)³	280.51M
Net Income Avi to Common (ttm)	-48.39M
Diluted EPS (ttm)	-0.40

Share Statistics

Beta (5Y Monthly)	1.15
52-Week Change	19.19%
S&P500 52-Week Change	23.99%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	123.80M
Dividend Yield	7.17%
Float ⁴	122.29M
% Held by Insiders	1.29%
% Held by Institutions	84.48%

Balance Sheet

Total Cash (mrq)	4.21M
Total Cash Per Share (mrq)	0.03
Total Debt (mrq)	2.05B
Total Debt/Equity (mrq)	119.25%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	1.49%
Book Value Per Share (mrq)	13.93

Cash Flow

Operating Cash Flow Per Share (ytd)	1.70
Free Cash Flow (ytd)	53.89M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Piedmont Office Realty Trust Inc - Class A

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