Piedmont Office Realty Trust Inc. (NYSE: PDM) started the day on May 25, 2023, with a price decrease of -5.39% at $6.14. During the day, the stock rose to $6.27 and sunk to $6.05 before settling in for the price of $6.49 at the close. Taking a more long-term approach, PDM posted a 52-week range of $5.99-$14.84.
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The company of the Real Estate sector’s yearbook sales growth during the past 5- year span was recorded -0.40%. Meanwhile, its Annual Earning per share during the time was 5.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -102.50%. This publicly-traded company’s shares outstanding now amounts to $123.55 million, simultaneously with a float of $122.26 million. The organization now has a market capitalization sitting at $749.76 million. At the time of writing, stock’s 50-day Moving Average stood at $6.66, while the 200-day Moving Average is $9.44.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 149 employees. It has generated 3,285,899 per worker during the last fiscal year. Meanwhile, its income per employee was 985,436. The stock had 2.12 Receivables turnover and 0.12 Total Asset turnover. For the Profitability, stocks gross margin was +23.11, operating margin was +17.16 and Pretax Margin of +29.99.
Piedmont Office Realty Trust Inc. (PDM) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Office Industry. Piedmont Office Realty Trust Inc.’s current insider ownership accounts for 0.50%, in contrast to 87.70% institutional ownership. According to the most recent insider trade that took place on Mar 20, this organization’s Director bought 70,000 shares at the rate of 7.16, making the entire transaction reach 501,473 in total value, affecting insider ownership by 197,518. Preceding that transaction, on Mar 20, Company’s Director bought 10,000 for 7.05, making the whole transaction’s value amount to 70,544. This particular insider is now the holder of 45,762 in total.
Piedmont Office Realty Trust Inc. (PDM) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2023, the organization reported -$0.01 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.01) by $0. This company achieved a net margin of +29.99 while generating a return on equity of 8.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Piedmont Office Realty Trust Inc.’s EPS decrease for this current 12-month fiscal period is -102.50% and is forecasted to reach -0.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.00% through the next 5 years, which can be compared against the 5.30% growth it accomplished over the previous five years trading on the market.
Piedmont Office Realty Trust Inc. (NYSE: PDM) Trading Performance Indicators
Let’s observe the current performance indicators for Piedmont Office Realty Trust Inc. (PDM). The Stock has managed to achieve an average true range (ATR) of 0.29. Alongside those numbers, its PE Ratio stands at $8.86, and its Beta score is 0.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.32.
In the same vein, PDM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.69, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be -0.02 at the market close of one year from today.
Technical Analysis of Piedmont Office Realty Trust Inc. (PDM)
If we take a close look at the recent performances of Piedmont Office Realty Trust Inc. (NYSE: PDM), its last 5-days Average volume was 1.5 million that shows progress from its year to date volume of 1.36 million. During the previous 9 days, stock’s Stochastic %D was recorded 45.21% While, its Average True Range was 0.29.
Raw Stochastic average of Piedmont Office Realty Trust Inc. (PDM) in the period of the previous 100 days is set at 2.88%, which indicates a major fall in contrast to 12.87% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.81% that was higher than 41.02% volatility it exhibited in the past 100-days period.