In the Green: Piedmont Office Realty Trust Inc (PDM) Closes at 6.55, Up/Down 7.03 from Previous Day

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In the latest session, Piedmont Office Realty Trust Inc (NYSE: PDM) closed at $6.55 up 7.03% from its previous closing price of $6.12. In other words, the price has increased by $7.03 from its previous closing price. On the day, 1.41 million shares were traded. PDM stock price reached its highest trading level at $6.62 during the session, while it also had its lowest trading level at $5.81.

Ratios:

For a deeper understanding of Piedmont Office Realty Trust Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.26.

On January 07, 2020, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $26.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDM now has a Market Capitalization of 814872448 and an Enterprise Value of 2943837440. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 5.162 whereas that against EBITDA is 11.911.

Stock Price History:

The Beta on a monthly basis for PDM is 1.34, which has changed by -0.028189898 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, PDM has reached a high of $11.11, while it has fallen to a 52-week low of $6.00. The 50-Day Moving Average of the stock is -12.43%, while the 200-Day Moving Average is calculated to be -24.95%.

Shares Statistics:

For the past three months, PDM has traded an average of 790.27K shares per day and 974060 over the past ten days. A total of 124.08M shares are outstanding, with a floating share count of 122.43M. Insiders hold about 1.59% of the company’s shares, while institutions hold 88.62% stake in the company. Shares short for PDM as of 1741910400 were 1887682 with a Short Ratio of 2.39, compared to 1739491200 on 2707400. Therefore, it implies a Short% of Shares Outstanding of 1887682 and a Short% of Float of 2.1300000999999997.

Dividends & Splits

According to the company, the forward annual dividend rate for PDM is 0.50, from 0.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.08169935The stock’s 5-year Average Dividend Yield is 7.04.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $141.29M this quarter.It ranges from a high estimate of $141.57M to a low estimate of $141M. As of the current estimate, Piedmont Office Realty Trust Inc’s year-ago sales were $144.54MFor the next quarter, 2 analysts are estimating revenue of $141.41M. There is a high estimate of $142M for the next quarter, whereas the lowest estimate is $140.81M.

A total of 2 analysts have provided revenue estimates for PDM’s current fiscal year. The highest revenue estimate was $565.61M, while the lowest revenue estimate was $562.28M, resulting in an average revenue estimate of $563.95M. In the same quarter a year ago, actual revenue was $570.32MBased on 2 analysts’ estimates, the company’s revenue will be $546.75M in the next fiscal year. The high estimate is $561.47M and the low estimate is $532.03M.

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