Piedmont Office Realty Trust Inc (NYSE: PDM) is -31.37% lower on its value in year-to-date trading and has touched a low of $5.46 and a high of $11.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PDM stock was last observed hovering at around $5.91 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $6.28, the stock is -2.76% and -9.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 6.26% at the moment leaves the stock -27.49% off its SMA200. PDM registered -6.63% loss for a year compared to 6-month loss of -37.76%. The firm has a 50-day simple moving average (SMA 50) of $6.9536 and a 200-day simple moving average (SMA200) of $8.67775.
The stock witnessed a -15.36% gain in the last 1 month and extending the period to 3 months gives it a -28.06%, and is -7.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.39% over the week and 5.91% over the month.
Piedmont Office Realty Trust Inc (PDM) has around 150 employees, a market worth around $781.28M and $568.47M in sales. Profit margin for the company is -10.80%. Distance from 52-week low is 15.02% and -43.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.63%).
with sales reaching $141.41M over the same period.The EPS is expected to grow by 73.33% this year, but quarterly earnings will post -1.12% year-over-year. Quarterly sales are estimated to shrink -1.29% in year-over-year returns.
369.0 institutions hold shares in Piedmont Office Realty Trust Inc (PDM), with institutional investors hold 92.86% of the company’s shares. The shares outstanding are 124.41M, and float is at 122.77M with Short Float at 1.57%. Institutions hold 91.76% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.31 million shares valued at $140.03 million. The investor’s holdings represent 15.5815 of the PDM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.93 million shares valued at $122.73 million to account for 13.6575 of the shares outstanding. The other top investors are STATE STREET CORP which holds 5.52 million shares representing 4.4518 and valued at over $40.01 million, while PRIVATE MANAGEMENT GROUP INC holds 3.7263 of the shares totaling 4.62 million with a market value of $33.49 million.
Piedmont Office Realty Trust Inc (PDM) Insider Activity
The most recent transaction is an insider purchase by REXROAD SHERRY L, the company’s EVP-CFO. SEC filings show that REXROAD SHERRY L bought 16,850 shares of the company’s common stock on May 01 ’25 at a price of $5.95 per share for a total of $0.1 million. Following the purchase, the insider now owns 16850.0 shares.
