Benzinga  May 13  Comment 
Analysts at Wells Fargo upgraded Piedmont Office Realty Trust, Inc. (NYSE: PDM) from Underperform to Market Perform. Piedmont Office Realty shares have dropped 6.07 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent...
SeekingAlpha  Aug 3  Comment 
Piedmont Office Realty Trust, Inc. (NYSE:PDM) Q2 2014 Results Earnings Conference Call July 31, 2014 10:00 AM ET Executives Robert Bowers - Chief Financial Officer Don Miller - Chief Executive Officer Ray Owens - Executive Vice...
Benzinga  Jul 15  Comment 
In a report published Tuesday, Morgan Stanley analyst Vance H. Edelson reiterated an Underweight rating on Piedmont Office Realty Trust (NYSE: PDM), but removed the $18.00 price target. In the report, Morgan Stanley noted, “Piedmont...
SeekingAlpha  May 3  Comment 
Piedmont Office Realty Trust, Inc. (PDM) Q1 2014 Earnings Conference Call May 2, 2014 10:00 ET Executives Don Miller - President, CEO Bob Bowers - CFO, EVP, Treasurer Bob Wiberg- EVP, Mid-Atlantic Region and Head of Development ...
SeekingAlpha  Feb 7  Comment 
Piedmont Office Realty Trust (PDM) Q4 2013 Earnings Call February 07, 2014 10:00 am ET Executives Robert E. Bowers - Chief Financial Officer, Executive Vice President and Treasurer Donald A. Miller - Chief Executive Officer,...
Cloud Computing  Jan 27  Comment 
Elmo Solutions (http://www.elmosolutions.com), the leader in CAD-ERP data integration, announces the availability of its Agni Link CAD-ERP data integration solution for all editions of Autodesk Vault (Basic,...


Piedmont Office Realty Trust (PDM)) (NYSE:PDM) is a real estate investment trust with ownership over commercial real estate properties that are under construction, newly constructed, or have operating histories. [1]

With the markets recovering, job growth is one of the last economic indicators to recover. The demand for office space, value of rental leases, and property values are dependent on this indicator. Furthermore, institutions and banks are reluctant to lend to borrowers, or they require higher rates of borrowing. Therefore, these market conditions affect Piedmont negatively, and it's revenues fell slightly in 2009. [1]

The company's initial public offering of stock traded on the NASDAQ exchange on 10 February 2010. The proposed offer price range was $16-$18 and traded below the low end at $14.50. The company offered 12 million shares and raised $174 million. [1]

At the year end 31 December 2009, the company had $604.88 million in total revenue, down 2.7% from $621.97 million in total revenue in 2008. The company reported a net income of $74.7 million, down 43% from a net income of $131.31 million. [1]


  1. 1.0 1.1 1.2 1.3 Piedmont Office Realty Trust 10-K
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki