Piedmont Office Realty Trust (PDM) Set to Announce Quarterly Earnings on Thursday
Piedmont Office Realty Trust (NYSE:PDM) will issue its quarterly earnings data on Thursday, July 31st. Parties that are interested in participating in the company’s conference call can do so using this link.
Piedmont Office Realty Trust (NYSE:PDM) opened at 19.62 on Wednesday. Piedmont Office Realty Trust has a 52 week low of $15.83 and a 52 week high of $19.83. The stock has a 50-day moving average of $19.13 and a 200-day moving average of $17.85. The company has a market cap of $3.027 billion and a price-to-earnings ratio of 34.19.
A number of research firms have recently commented on PDM. Analysts at Morgan Stanley downgraded shares of Piedmont Office Realty Trust to an “underweight” rating in a research note on Tuesday, July 15th. They now have a $18.00 price target on the stock. Analysts at Stifel Nicolaus upgraded shares of Piedmont Office Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday, May 2nd. They noted that the move was a valuation call. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $18.60.
Piedmont Office Realty Trust, Inc (NYSE:PDM) is a real estate investment trust (REIT).
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