Piedmont Office Realty Stock Price on October 24, 2024
| PDM Stock | USD 9.52 0.16 1.65% |
Below is the normalized historical share price chart for Piedmont Office Realty extending back to August 01, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Piedmont Office stands at 9.52, as last reported on the 30th of November, with the highest price reaching 9.80 and the lowest price hitting 9.52 during the day.
If you're considering investing in Piedmont Stock, it is important to understand the factors that can impact its price. As of now, Piedmont Stock is not too volatile. Piedmont Office Realty maintains Sharpe Ratio (i.e., Efficiency) of 0.0183, which implies the firm had a 0.0183% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Piedmont Office Realty, which you can use to evaluate the volatility of the company. Please check Piedmont Office's Variance of 2.78, risk adjusted performance of 0.0052, and Coefficient Of Variation of (300,822) to confirm if the risk estimate we provide is consistent with the expected return of 0.0306%.
At this time, Piedmont Office's Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 148 M, though Sale Purchase Of Stock is likely to grow to (1.7 M). . At this time, Piedmont Office's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 30th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 19.10, while Price To Sales Ratio is likely to drop 1.45. Piedmont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of February 2010 | 200 Day MA 8.1389 | 50 Day MA 10.0296 | Beta 1.194 |
Piedmont |
Sharpe Ratio = 0.0183
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Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Piedmont Office is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Piedmont Office by adding it to a well-diversified portfolio.
Price Book 0.737 | Enterprise Value Ebitda 11.9626 | Price Sales 2.0622 | Shares Float 122.2 M | Dividend Share 0.5 |
Related Headline
Highwoods Properties Headline on 24th of October 2024
Q3 2024 Highwoods Properties Inc Earnings Call Transcript by gurufocus.com
Oct 23, 2024 0300PM GMTEditor Please stand by for streaming text.Operator Good morning. Thank you for joining todays Highwoods Properties Q3 2024 earnings c
Piedmont Office Valuation on October 24, 2024
It is possible to determine the worth of Piedmont Office on a given historical date. On October 24, 2024 Piedmont was worth 10.55 at the beginning of the trading date compared to the closed value of 10.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Piedmont Office stock. Still, in general, we apply an absolute valuation method to find Piedmont Office's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Piedmont Office where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Piedmont Office's related companies.
| Open | High | Low | Close | Volume | |
| 10.48 | 10.60 | 10.36 | 10.57 | 498,808 | |
10/24/2024 | 10.55 | 10.74 | 10.55 | 10.74 | 509,382 |
| 10.40 | 10.66 | 10.18 | 10.19 | 1,841,158 |
| Backtest Piedmont Office | | | Piedmont Office History | | | Piedmont Office Valuation | Previous | Next |
Piedmont Office Trading Date Momentum on October 24, 2024
| On October 25 2024 Piedmont Office Realty was traded for 10.19 at the closing time. Highest Piedmont Office's price during the trading hours was 10.66 and the lowest price during the day was 10.18 . The net volume was 1.8 M. The overall trading history on the 25th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 5.12% . The trading delta at closing time to current price is 9.31% . |
Piedmont Office Realty Fundamentals Correlations and Trends
By evaluating Piedmont Office's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Piedmont Office's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Piedmont financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Piedmont Office Stock history
Piedmont Office investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Piedmont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Piedmont Office Realty will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Piedmont Office stock prices may prove useful in developing a viable investing in Piedmont Office
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 123.7 M | 148 M | |
| Net Income Applicable To Common Shares | 168.9 M | 143.2 M |
Piedmont Office Stock Technical Analysis
Piedmont Office technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Piedmont Office Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Piedmont Office November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Piedmont Office stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Piedmont Office shares will generate the highest return on investment. By undertsting and applying Piedmont Office stock market strength indicators, traders can identify Piedmont Office Realty entry and exit signals to maximize returns
Piedmont Office Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Piedmont Office's price direction in advance. Along with the technical and fundamental analysis of Piedmont Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Piedmont to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0052 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.01) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Office. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.5 | Earnings Share (0.63) | Revenue Per Share 4.621 | Quarterly Revenue Growth (0.05) |
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.