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Piedmont Office Realty Trust - PDM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $11.00
  • Forecasted Upside: 17.08%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$9.40 As of 11/20/2024 01:00 AM ET
▼ -0.02 (-0.21%)

This chart shows the closing price for PDM by one month, three months, or twelve months.

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Analyst Price Target for PDM

Analyst Price Target is $11.00
▲ +17.08% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Piedmont Office Realty Trust in the last 3 months. The average price target is $11.00, with a high forecast of $11.00 and a low forecast of $11.00. The average price target represents a 17.08% upside from the last price of $9.40.

This chart shows the closing price for PDM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in Piedmont Office Realty Trust. This rating has held steady since November 2023, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/1/2024Robert W. BairdBoost TargetOutperform ➝ Outperform$10.00 ➝ $11.00
8/14/2024Truist FinancialReiterated RatingBuy ➝ Buy$10.00 ➝ $11.00
12/2/2022JPMorgan Chase & Co.Lower TargetNeutral$17.00 ➝ $14.00
6/30/2022Truist FinancialLower TargetBuy$21.00 ➝ $17.00
5/18/2020SunTrust BanksLower TargetBuy$21.00 ➝ $19.00
5/6/2020Robert W. BairdBoost TargetOutperform$18.00 ➝ $22.00
4/3/2020Stifel NicolausLower TargetHold$24.00 ➝ $18.00
1/6/2020Robert W. BairdUpgradeNeutral ➝ Outperform$26.00
11/29/2019SunTrust BanksBoost TargetBuy$23.00 ➝ $24.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

1.08 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 8 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 7 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 7 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 15 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 10 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 11 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 11 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Piedmont Office Realty Trust logo
Piedmont Office Realty Trust, Inc. (also referred to herein as "Piedmont" or the "Company") (NYSE: PDM) is an owner, manager, developer, redeveloper and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. The Company is a fully-integrated, self-managed real estate investment trust ("REIT") with local management offices in each of its markets and is investment-grade rated by Standard & Poor's and Moody's. The Company was designated an Energy Star Partner of the Year for 2021, 2022 and 2023, and it was the only office REIT headquartered in the Southeast to receive those designations. Approximately 85% of the Company's square footage is Energy Star certified and nearly 70% is LEED certified. Piedmont is headquartered in Atlanta, GA.
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Today's Range

Now: $9.40
Low: $9.29
High: $9.44

50 Day Range

MA: $10.06
Low: $9.31
High: $11.08

52 Week Range

Now: $9.40
Low: $5.78
High: $11.11

Volume

744,556 shs

Average Volume

944,384 shs

Market Capitalization

$1.16 billion

P/E Ratio

N/A

Dividend Yield

5.31%

Beta

1.21

Frequently Asked Questions

What sell-side analysts currently cover shares of Piedmont Office Realty Trust?

The following sell-side analysts have issued research reports on Piedmont Office Realty Trust in the last twelve months: Robert W. Baird, StockNews.com, and Truist Financial Co..
View the latest analyst ratings for PDM.

What is the current price target for Piedmont Office Realty Trust?

0 Wall Street analysts have set twelve-month price targets for Piedmont Office Realty Trust in the last year. Their average twelve-month price target is $11.00, suggesting a possible upside of 17.1%. Truist Financial Co. has the highest price target set, predicting PDM will reach $11.00 in the next twelve months. Truist Financial Co. has the lowest price target set, forecasting a price of $11.00 for Piedmont Office Realty Trust in the next year.
View the latest price targets for PDM.

What is the current consensus analyst rating for Piedmont Office Realty Trust?

Piedmont Office Realty Trust currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PDM will outperform the market and that investors should add to their positions of Piedmont Office Realty Trust.
View the latest ratings for PDM.

What other companies compete with Piedmont Office Realty Trust?

Other companies that are similar to Piedmont Office Realty Trust include Kilroy Realty, Highwoods Properties, Douglas Emmett, Equity Commonwealth and Brandywine Realty Trust. Learn More about companies similar to Piedmont Office Realty Trust.

How do I contact Piedmont Office Realty Trust's investor relations team?

Piedmont Office Realty Trust's physical mailing address is 5565 GLENRIDGE CONNECTOR STE 450, ATLANTA GA, 30342. The real estate investment trust's listed phone number is (770) 418-8800 and its investor relations email address is [email protected]. The official website for Piedmont Office Realty Trust is www.piedmontreit.com. Learn More about contacing Piedmont Office Realty Trust investor relations.