The closing price of Piedmont Office Realty Trust Inc (NYSE: PDM) was $6.74 for the day, up 1.35% from the previous closing price of $6.65. In other words, the price has increased by $+0.09 from its previous closing price. On the day, 788578 shares were traded.
Ratios:
Our analysis of PDM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 198.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.06. 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 835.00M and an Enterprise Value of 2.89B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 5.00 whereas that against EBITDA is 9.99.
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 6.49, while the 200-Day Moving Average is calculated to be 6.55.
Shares Statistics:
PDM traded an average of 917.16K shares per day over the past three months and 889.61k 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 86.18% stake in the company. Shares short for PDM as of Mar 15, 2024 were 2.62M with a Short Ratio of 3.43, 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
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 10.08%, it implies a Forward Annual Dividend Yield of 7.35%. The stock’s 5-year Average Dividend Yield is 6.56.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.09, while EPS last year was -$0.01. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.36 and -$0.36 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is -$0.24, with 1 analysts recommending between -$0.24 and -$0.24.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. 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 2 analysts have provided revenue estimates for PDM’s current fiscal year. The highest revenue estimate was $566.89M, while the lowest revenue estimate was $566M, resulting in an average revenue estimate of $566.45M. In the same quarter a year ago, actual revenue was $577.76M, down -2.00% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $563.35M in the next fiscal year. The high estimate is $566M and the low estimate is $560.7M. The average revenue growth estimate for next year is down -0.50% from the average revenue estimate for this year.
