Piedmont Office Realty Stock Price on December 4, 2024

PDM Stock  USD 8.81  0.13  1.45%   
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 8.81, as last reported on the 29th of December, with the highest price reaching 8.91 and the lowest price hitting 8.72 during the day.
IPO Date
10th of February 2010
200 Day MA
8.4191
50 Day MA
9.6764
Beta
1.194
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Piedmont Stock, it is important to understand the factors that can impact its price. Piedmont Office Realty maintains Sharpe Ratio (i.e., Efficiency) of -0.0926, which implies the firm had a -0.0926% return per unit of risk over the last 3 months. Piedmont Office Realty exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Piedmont Office's Risk Adjusted Performance of (0.07), coefficient of variation of (1,098), and Variance of 3.53 to confirm the risk estimate we provide.
  
At this time, Piedmont Office's Total Stockholder Equity is very stable compared to the past year. As of the 29th of December 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 29th of December 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.

Sharpe Ratio = -0.0926

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Estimated Market Risk

 1.89
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Piedmont Office is not performing at its full potential. However, 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 Piedmont Office to a well-diversified portfolio.
Price Book
0.6708
Enterprise Value Ebitda
11.5702
Price Sales
1.9084
Shares Float
122.2 M
Dividend Share
0.5

Related Headline

Urban Edge Headline on 4th of December 2024

Filed transaction by Urban Edge Properties Director, Officer: Chairman Of The Board & Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Piedmont Office Valuation on December 4, 2024

It is possible to determine the worth of Piedmont Office on a given historical date. On December 4, 2024 Piedmont was worth 9.17 at the beginning of the trading date compared to the closed value of 9.26. 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
  9.37    9.45    9.13    9.21    532,152  
12/04/2024
  9.17    9.31    9.12    9.26    565,996  
  9.22    9.28    9.15    9.21    564,911  
Backtest Piedmont Office  |  Piedmont Office History  |  Piedmont Office Valuation   PreviousNext  
Open Value
9.17
9.26
Closing Value
14.84
Upside

Piedmont Office Trading Date Momentum on December 4, 2024

On December 05 2024 Piedmont Office Realty was traded for  9.21  at the closing time. Highest Piedmont Office's price during the trading hours was 9.28  and the lowest price during the day was  9.15 . The net volume was 564.9 K. The overall trading history on the 5th of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.54% . The trading delta at closing time to current price is 0.54% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding123.7 M148 M
Net Income Applicable To Common Shares168.9 M143.2 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.
A focus of Piedmont Office technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Piedmont Office trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Piedmont Office Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Piedmont Office Realty cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Piedmont Office December 29, 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.
When determining whether Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.