Currently, there are 124.00M common shares owned by the public and among those 122.17M shares have been available to trade.
The company’s stock has a 5-day price change of 5.38% and -18.41% over the past three months. PDM shares are trading -3.61% year to date (YTD), with the 12-month market performance up to 27.46% higher. It has a 12-month low price of $5.93 and touched a high of $11.11 over the same period. PDM has an average intraday trading volume of 824.98K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.44%, -4.65%, and 2.98% respectively.
Institutional ownership of Piedmont Office Realty Trust Inc (NYSE: PDM) shares accounts for 88.84% of the company’s 124.00M shares outstanding.
It has a market capitalization of $1.09B and a beta (3y monthly) value of 1.18. The earnings-per-share (ttm) stands at -$0.62. The company has a debt-to-equity ratio at 1.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.48% over the week and 3.20% over the month.
Looking at the support for the PDM, a number of firms have released research notes about the stock. Robert W. Baird stated their Neutral rating for the stock in a research note on January 16, 2025, with the firm’s price target at $11. Robert W. Baird coverage for the Piedmont Office Realty Trust Inc (PDM) stock in a research note released on January 07, 2020 offered a Outperform rating with a price target of $26. SunTrust on their part issued Buy rating on November 30, 2018.
