As of close of business last night, Piedmont Office Realty Trust Inc’s stock clocked out at $6.34, up 1.12% from its previous closing price of $6.27. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 533759 shares were traded.
Ratios:
To gain a deeper understanding of PDM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 186.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.11. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.00.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 20 ’23 when Swope Jeffrey L. bought 70,000 shares for $7.16 per share. The transaction valued at 501,473 led to the insider holds 197,518 shares of the business.
BARRETT KELLY HEFNER bought 10,000 shares of PDM for $70,544 on Mar 20 ’23. The Director now owns 45,762 shares after completing the transaction at $7.05 per share. On Mar 20 ’23, another insider, Taysom Dale H., who serves as the Director of the company, bought 2,000 shares for $6.99 each. As a result, the insider paid 13,975 and bolstered with 41,976 shares of the company.
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 784.90M and an Enterprise Value of 2.84B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 4.91 whereas that against EBITDA is 9.82.
Stock Price History:
Over the past 52 weeks, PDM has reached a high of $9.28, while it has fallen to a 52-week low of $4.91. The 50-Day Moving Average of the stock is 6.82, while the 200-Day Moving Average is calculated to be 6.57.
Shares Statistics:
It appears that PDM traded 983.09K shares on average per day over the past three months and 947.08k shares per day over the past ten 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 86.03% stake in the company. Shares short for PDM as of Feb 15, 2024 were 2.34M with a Short Ratio of 2.38, compared to 2.51M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.89% and a Short% of Float of 2.62%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.67, PDM has a forward annual dividend rate of 0.58. Against a Trailing Annual Dividend Yield of 10.69%, it implies a Forward Annual Dividend Yield of 7.89%. The stock’s 5-year Average Dividend Yield is 6.56. The current Payout Ratio is 70.67% for PDM, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 22, 2024. Stock splits for the company last occurred on Feb 21, 2007 when the company split stock in a 1:1 ratio.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 1 analysts expect revenue to total $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.
