Piedmont Office Realty Trust PDM
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Piedmont Office Realty Trust (PDM) Business Model and Operations Summary
Piedmont Office Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of commercial real estate properties throughout the U.S. The company's real estate portfolio is mainly composed of office properties located in the majority of American metropolitan areas. Piedmont derives the majority of its revenue in the form of rental income from tenants in mid- to long-term lease agreements. The vast majority of the company's revenue comes from the leasing of its assets in Washington D.C., New York City, Chicago, Atlanta, Minneapolis, Dallas, and Boston. Piedmont's large customers in terms of rental revenue are U.S. Government entities, business services companies, and financial institutions.
Key Insights
Piedmont Office Realty Trust (PDM) Core Market Data and Business Metrics
Latest Closing Price
$6.92Market Cap
$860.90 MillionPrice-Earnings Ratio
-10.81Total Outstanding Shares
124.41 Million SharesTotal Employees
150Dividend
$0.13 Per Share QuarterlyIPO Date
February 10, 2010SIC Description
Operators Of Nonresidential BuildingsPrimary Exchange
New York Stock ExchangeHeadquarters
5565 Glenridge Connector, Atlanta, GA, 30342
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Bi-Weekly Change (%): The percentage change in short interest from the previous bi-weekly period.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 1,887,682 Shares | -1.39% | 3/14/2025 | 2.81 |
| 1,914,354 Shares | -29.29% | 2/28/2025 | 1.61 |
| 2,707,400 Shares | +9.18% | 2/14/2025 | 3.33 |
| 2,479,834 Shares | +3.96% | 1/31/2025 | 4.1 |
| 2,385,437 Shares | +8.49% | 1/15/2025 | 4.08 |
| 2,198,744 Shares | -9.82% | 12/31/2024 | 2.27 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $98.18 Million |
| Net Cash Flow | $109.68 Million |
| Net Cash Flow From Operating Activities, Continuing | $198.11 Million |
| Net Cash Flow From Financing Activities | $98.18 Million |
| Net Cash Flow From Investing Activities, Continuing | $-186.62 Million |
| Net Cash Flow From Investing Activities | $-186.62 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Cost Of Revenue | $234.12 Million |
| Costs And Expenses | $529.92 Million |
| Benefits Costs and Expenses | $529.92 Million |
| Income/Loss From Continuing Operations Before Tax | $40.41 Million |
| Common Stock Dividends | $0.50 |
| Net Income/Loss | $-79.06 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $-79.77 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $-710,000 |
| Comprehensive Income/Loss Attributable To Parent | $-79.77 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-705,000 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Current Liabilities | $2.53 Billion |
| Current Assets | $4.11 Billion |
| Equity | $1.59 Billion |
| Long-term Debt | $2.22 Billion |
| Noncurrent Assets | $0 |
| Noncurrent Liabilities | $0 |
Historical Dividends
Current dividend: $0.13 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 3, 2025 | Mar 14, 2025 | Feb 21, 2025 | $0.125 | Quarterly |
| Oct 24, 2024 | Jan 2, 2025 | Nov 22, 2024 | $0.125 | Quarterly |
| Jul 25, 2024 | Sep 20, 2024 | Aug 23, 2024 | $0.125 | Quarterly |
| Apr 24, 2024 | Jun 14, 2024 | May 24, 2024 | $0.125 | Quarterly |
| Feb 1, 2024 | Mar 15, 2024 | Feb 23, 2024 | $0.125 | Quarterly |
| Oct 25, 2023 | Jan 2, 2024 | Nov 24, 2023 | $0.125 | Quarterly |