Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. 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 S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
IPO Year:
Exchange: NYSE
Website: piedmontreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/16/2025 | $11.00 | Outperform → Neutral | Robert W. Baird |
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
4 - Piedmont Office Realty Trust, Inc. (0001042776) (Issuer)
Robert W. Baird downgraded Piedmont Office Realty Trust from Outperform to Neutral and set a new price target of $11.00
8-K - Piedmont Realty Trust, Inc. (0001042776) (Filer)
8-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
8-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
10-Q - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
DEFA14A - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
DEF 14A - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
8-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
10-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
8-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
8-K - Piedmont Office Realty Trust, Inc. (0001042776) (Filer)
Atlanta, June 09, 2025 (GLOBE NEWSWIRE) -- --Piedmont Office Realty Trust (NYSE:PDM) ("Piedmont"), a real estate investment trust (REIT), announced today the launch of its new brand identity including a name change to Piedmont Realty Trust, Inc. The rebrand was undertaken to better reflect the company's focus on Piedmont PLACEs which are designed to elevate the workday and reflect a higher standard of service for our clients. Commenting on the rebrand, Piedmont's President and Chief Executive Officer, Brent Smith, said, "We've recently completed an extensive update of our brand identity. We understand that today's employees seek environments that support their company cultures and foster
Atlanta, June 02, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or "the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company is participating in this week's Nareit REITWeek Investor Conference in New York City. The Company has completed over 500,000 square feet of leasing thus far in the second quarter, with 350,000 square feet related to new tenants. Approximately 70% of the new tenant leases are for currently vacant space and year-to-date leasing volume now totals over 850,000 square feet. Of note, the Company signed two new, large transactions in excess of 10 years – 93,000 square feet
Atlanta, April 28, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc (NYSE:PDM) has released its financial and operational results for the first quarter of 2025. Please visit the Investor Relations section of Piedmont's website at https://investor.piedmontreit.com to access the Earnings Release and Supplemental Information. Piedmont has scheduled a conference call and an audio web cast for Tuesday, April 29, 2025, at 9:00 A.M. Eastern time. The live, listen-only, audio web cast of the call may be accessed on the Company's website at https://investor.piedmontreit.com/news-and-events/events-calendar. Dial-in numbers for analysts who plan to actively participate in the call are (88
Atlanta, April 09, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) announced today that the Company will release its first quarter financial results on Monday, April 28, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, April 29, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company's investor relations website. During the conference call, the Company's management team will review first quarter performance, discuss recent events, and conduct a question-and-answer period. To Listen to the Live or Replay of the Webcast: Click on the webcast link under the Investor Relations section of th
Atlanta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) ("Piedmont"), a real estate investment trust (REIT), announced today the following appointments to its Board of Directors: Deneen Donnley, Senior Vice President and General Counsel, Consolidated Edison (NYSE:ED); Stephen E. Lewis, Retired Chair and Chief Executive Officer of Troutman Pepper; and Jeffrey J. Donnelly, Chief Executive Officer and Director of DiamondRock Hospitality (NYSE:DRH). With these three appointments, Piedmont's board of directors now consists of ten total members. Deneen Donnley: Ms. Donnley currently serves as Senior Vice President and General Counsel for Consolidated Edison, one
Atlanta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter and year ended December 31, 2024. Highlights for the Three Months and Year Ended December 31, 2024: Financial Results: Three Months Ended Year Ended(in 000s other than per share amounts )December 31, 2024December 31, 2023 December 31, 2024December 31, 2023Net loss applicable to Piedmont$(29,978)$(28,030) $(79,069)$(48,387)Net loss per share applicable to common stockholders - basic and diluted$(0.24)$(0.23) $(0.64)$(0.39)Impairment charges$
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND Atlanta, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) ("Piedmont"), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the first quarter of 2025. The dividend will be paid on March 14, 2025 to stockholders of record as of the close of business on February 21, 2025. About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. (NYSE:PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located
Atlanta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) announced today that the Company will release its fourth quarter and annual financial results on Thursday, February 13, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, February 14, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the conference call, the Company's management team will review fourth quarter and annual performance, discuss recent events, and conduct a question-and-answer period. To Listen to the Webcast: Click on the webcast link under
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
HOUSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company") today announced the appointments of Kristian ("Krissy") M. Gathright and Donald ("Don") A. Miller, CFA, to the Board of Trustees, effective immediately. These appointments reflect shareholder feedback received over the last several months and conclude an exhaustive search by Whitestone's Nominating and Governance Committee in combination with pre-eminent executive search firm Spencer Stuart. Ms. Gathright currently serves as a Board member of Apple Hospitality REIT (NYSE:APLE) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States.
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Atlanta, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced today the appointment of Mary Hager, Executive Director at global real estate investment management firm, Greystar, to its Board of Directors. With Hager's appointment, Piedmont's board of directors now consists of nine total members. At Greystar, Ms. Hager co-leads the Greystar-Thackeray business as well as Greystar's commercial real estate businesses and serves on the Greystar Global Investment Committee and Greystar Executive Committee. Prior to joining Greystar in 2021, Ms. Hager was the Co-CEO and co-founder of Thackeray Partners, a diversified private real estate company based in Da
Atlanta, April 28, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc (NYSE:PDM) has released its financial and operational results for the first quarter of 2025. Please visit the Investor Relations section of Piedmont's website at https://investor.piedmontreit.com to access the Earnings Release and Supplemental Information. Piedmont has scheduled a conference call and an audio web cast for Tuesday, April 29, 2025, at 9:00 A.M. Eastern time. The live, listen-only, audio web cast of the call may be accessed on the Company's website at https://investor.piedmontreit.com/news-and-events/events-calendar. Dial-in numbers for analysts who plan to actively participate in the call are (88
Atlanta, April 09, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) announced today that the Company will release its first quarter financial results on Monday, April 28, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, April 29, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company's investor relations website. During the conference call, the Company's management team will review first quarter performance, discuss recent events, and conduct a question-and-answer period. To Listen to the Live or Replay of the Webcast: Click on the webcast link under the Investor Relations section of th
Atlanta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter and year ended December 31, 2024. Highlights for the Three Months and Year Ended December 31, 2024: Financial Results: Three Months Ended Year Ended(in 000s other than per share amounts )December 31, 2024December 31, 2023 December 31, 2024December 31, 2023Net loss applicable to Piedmont$(29,978)$(28,030) $(79,069)$(48,387)Net loss per share applicable to common stockholders - basic and diluted$(0.24)$(0.23) $(0.64)$(0.39)Impairment charges$
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND Atlanta, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) ("Piedmont"), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the first quarter of 2025. The dividend will be paid on March 14, 2025 to stockholders of record as of the close of business on February 21, 2025. About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. (NYSE:PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located
Atlanta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) announced today that the Company will release its fourth quarter and annual financial results on Thursday, February 13, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, February 14, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the conference call, the Company's management team will review fourth quarter and annual performance, discuss recent events, and conduct a question-and-answer period. To Listen to the Webcast: Click on the webcast link under
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
Atlanta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended September 30, 2024. Highlights for the Three Months Ended September 30, 2024: Financial Results: Three Months Ended Nine Months Ended(in 000s other than per share amounts )September 30, 2024September 30, 2023 September 30, 2024September 30, 2023Net loss applicable to Piedmont$(11,519)$(17,002) $(49,091)$(20,357)Net loss per share applicable to common stockholders - basic and diluted$(0.09)$(0.14) $(0.40)$(0.16)Impairment charges$0 $10
Atlanta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Atlanta, GA – October 8, 2024 – Piedmont Office Realty Trust (NYSE:PDM) announced today that the Company will release its third quarter financial results on Thursday, October 24, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, October 25, 2024 at 9:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the conference call, the Company's management team will review third quarter performance, discuss recent events, and conduct a question-and-answer period. To Listen to the Webcast: Click on the w
Atlanta, July 31, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended June 30, 2024, including the completion of over one million square feet of leasing, the largest amount of leasing the Company has completed in a single quarter in over a decade. Highlights for the Three Months Ended June 30, 2024: Financial Results: Three Months Ended(in 000s other than per share amounts )June 30, 2024June 30, 2023Net loss applicable to Piedmont$(9,809)$(1,988)Net loss per share applicable to common stockholders - dil
Atlanta, July 25, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) ("Piedmont"), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the third quarter of 2024. The dividend will be paid on September 20, 2024 to stockholders of record as of the close of business on August 23, 2024. About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. (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. Its approxim