The price of Piedmont Office Realty Trust Inc (NYSE: PDM) closed at $6.51 in the last session, down -2.69% from day before closing price of $6.69. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 971284 shares were traded.
Ratios:
We take a closer look at PDM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 191.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.52. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.00.
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 806.51M and an Enterprise Value of 2.86B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 4.95 whereas that against EBITDA is 9.89.
Stock Price History:
Over the past 52 weeks, PDM has reached a high of $8.05, while it has fallen to a 52-week low of $4.91. The 50-Day Moving Average of the stock is 6.57, while the 200-Day Moving Average is calculated to be 6.56.
Shares Statistics:
According to the various share statistics, PDM traded on average about 898.39K shares per day over the past 3-months and 805.42k shares per day over the past 10 days. A total of 123.72M shares are outstanding, with a floating share count of 121.90M. Insiders hold about 1.53% of the company’s shares, while institutions hold 86.20% stake in the company. Shares short for PDM as of Mar 15, 2024 were 2.62M with a Short Ratio of 2.92, compared to 2.34M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.12% and a Short% of Float of 3.03%.
Dividends & Splits
The forward annual dividend rate for PDM is 0.58, which was 0.67 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 10.01%, it implies a Forward Annual Dividend Yield of 7.35%. The stock’s 5-year Average Dividend Yield is 6.56.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.01. 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 -$0.2 and -$0.2 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.24, with 1 analysts recommending between -$0.24 and -$0.24.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $144.4M. It ranges from a high estimate of $144.4M to a low estimate of $144.4M. As of the current estimate, Piedmont Office Realty Trust Inc’s year-ago sales were $142.37M, an estimated increase of 1.40% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $142.32M, a decrease of -0.50% less than the figure of $1.40% in the same quarter last year. There is a high estimate of $142.32M for the next quarter, whereas the lowest estimate is $142.32M.
A total of 1 analysts have provided revenue estimates for PDM’s current fiscal year. The highest revenue estimate was $566.89M, while the lowest revenue estimate was $566.89M, resulting in an average revenue estimate of $566.89M. In the same quarter a year ago, actual revenue was $577.76M, down -1.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $560.7M in the next fiscal year. The high estimate is $560.7M and the low estimate is $560.7M. The average revenue growth estimate for next year is down -1.10% from the average revenue estimate for this year.
