Piedmont Office Realty Trust (PDM) Stock Forecast, Price Target & Predictions
PDM Stock Forecast
Piedmont Office Realty Trust stock forecast is as follows: an average price target of $12.00 (represents a 36.99% upside from PDM’s last price of $8.76) and
PDM Price Target
Piedmont Office Realty Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 08, 2024 | Michael Lewis | Truist Financial | $12.00 | $9.97 | 20.30% | 36.99% |
| Dec 02, 2022 | J.P. Morgan | $14.00 | $10.11 | 38.48% | 59.82% | |
| Jun 30, 2022 | Truist Financial | $17.00 | $13.04 | 30.37% | 94.06% |
The latest Piedmont Office Realty Trust stock forecast, released on Nov 08, 2024 by Michael Lewis from Truist Financial, set a price target of $12.00, which represents a 20.30% increase from the stock price at the time of the forecast ($9.97), and a 36.99% increase from PDM last price ($8.76).
Piedmont Office Realty Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $12.00 | $12.00 |
| Last Closing Price | $8.76 | $8.76 | $8.76 |
| Upside/Downside | -100.00% | 36.99% | 36.99% |
In the current month, the average price target of Piedmont Office Realty Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Piedmont Office Realty Trust's last price of $8.76. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Piedmont Office Realty Trust Financial Forecast
Piedmont Office Realty Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.06M | $5.13M | $142.37M | $147.21M | $144.10M | $136.31M | $136.15M | $138.16M | $131.07M | $130.22M | $129.26M | $131.53M | $131.69M | $134.63M | $137.17M | $134.15M | $135.42M |
| Avg Forecast | $143.80M | $142.68M | $141.57M | $137.94M | $111.14M | $110.32M | $109.70M | $109.11M | $128.63M | $128.29M | $126.29M | $127.81M | $146.17M | $144.13M | $143.21M | $129.44M | $151.33M | $137.97M | $123.13M | $123.08M | $135.25M | $118.45M | $115.67M | $130.86M | $129.43M | $132.16M | $141.76M | $135.25M | $133.01M | $126.12M |
| High Forecast | $145.54M | $144.41M | $143.28M | $139.60M | $112.48M | $111.65M | $111.02M | $112.97M | $132.13M | $135.06M | $126.29M | $127.81M | $147.26M | $144.54M | $144.94M | $131.00M | $153.16M | $137.97M | $123.13M | $123.08M | $135.25M | $118.45M | $115.67M | $130.86M | $129.43M | $132.16M | $141.76M | $135.25M | $133.01M | $126.12M |
| Low Forecast | $142.07M | $140.96M | $139.86M | $136.27M | $109.80M | $108.99M | $108.37M | $105.24M | $125.12M | $121.53M | $126.29M | $127.81M | $145.08M | $143.73M | $141.48M | $127.87M | $149.51M | $137.97M | $123.13M | $123.08M | $135.25M | $118.45M | $115.67M | $130.86M | $129.43M | $132.16M | $141.76M | $135.25M | $133.01M | $126.12M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | 0.04% | 1.10% | 0.97% | 1.04% | 1.11% | 1.11% | 1.02% | 1.11% | 1.13% | 0.99% | 1.02% | 1.00% | 0.95% | 1.01% | 1.01% | 1.07% |
Piedmont Office Realty Trust's average Quarter revenue forecast for Dec 23 based on 2 analysts is $146.17M, with a low forecast of $145.08M, and a high forecast of $147.26M. PDM's average Quarter revenue forecast represents a 2791.03% increase compared to the company's last Quarter revenue of $5.06M (Sep 23).
Piedmont Office Realty Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-61.83M | $-60.52M | $78.54M | $79.94M | $78.81M | $75.59M | $76.96M | $34.03M | $72.94M | $71.28M | $71.16M | $83.35M | $70.56M | $255.50M | $73.38M | $222.88M | $70.11M |
| Avg Forecast | $77.07M | $76.47M | $75.87M | $73.92M | $59.56M | $59.12M | $58.79M | $58.47M | $68.94M | $68.75M | $67.68M | $57.40M | $78.33M | $77.24M | $76.75M | $52.18M | $36.69M | $77.63M | $73.64M | $69.24M | $76.09M | $66.64M | $65.08M | $47.44M | $72.82M | $74.36M | $79.76M | $89.68M | $74.83M | $70.96M |
| High Forecast | $77.99M | $77.39M | $76.78M | $74.81M | $60.28M | $59.84M | $59.50M | $60.54M | $70.81M | $72.38M | $67.68M | $68.88M | $78.92M | $77.46M | $77.67M | $62.62M | $44.03M | $77.63M | $88.36M | $69.24M | $76.09M | $66.64M | $65.08M | $56.93M | $72.82M | $74.36M | $79.76M | $107.62M | $74.83M | $70.96M |
| Low Forecast | $76.13M | $75.54M | $74.95M | $73.03M | $58.84M | $58.41M | $58.08M | $56.40M | $67.05M | $65.13M | $67.68M | $45.92M | $77.75M | $77.02M | $75.82M | $41.75M | $29.35M | $77.63M | $58.91M | $69.24M | $76.09M | $66.64M | $65.08M | $37.95M | $72.82M | $74.36M | $79.76M | $71.74M | $74.83M | $70.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.80% | -0.79% | 1.51% | 2.18% | 1.02% | 1.03% | 1.11% | 0.45% | 1.09% | 1.10% | 1.50% | 1.14% | 0.95% | 3.20% | 0.82% | 2.98% | 0.99% |
1 analysts predict PDM's average Quarter EBITDA for Jun 23 to be $76.75M, with a high of $77.67M and a low of $75.82M. This is -2.28% lower than Piedmont Office Realty Trust's previous annual EBITDA (Mar 23) of $78.54M.
Piedmont Office Realty Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-17.00M | $-1.99M | $-1.37M | $75.57M | $865.00K | $6.01M | $108.50M | $-45.67M | $11.31M | $9.95M | $9.34M | $22.61M | $8.94M | $192.43M | $8.71M | $162.48M | $8.42M |
| Avg Forecast | - | - | - | - | - | - | - | $44.64M | $-5.48M | $-6.30M | $-6.01M | $7.54M | $-2.63M | $-4.84M | $-284.58K | $6.85M | $-34.23M | $7.64M | $7.97M | $8.47M | $9.67M | $9.93M | $5.57M | $6.23M | $5.10M | $7.31M | $8.96M | $10.64M | $13.24M | $11.69M |
| High Forecast | - | - | - | - | - | - | - | $45.34M | $-5.33M | $-6.20M | $-5.92M | $9.04M | $-2.57M | $-4.76M | $-280.11K | $8.22M | $-27.38M | $7.64M | $9.56M | $8.47M | $9.67M | $9.93M | $5.57M | $7.48M | $5.10M | $7.31M | $8.96M | $12.77M | $13.24M | $11.69M |
| Low Forecast | - | - | - | - | - | - | - | $43.40M | $-5.57M | $-6.39M | $-6.10M | $6.03M | $-2.67M | $-4.91M | $-289.04K | $5.48M | $-41.07M | $7.64M | $6.37M | $8.47M | $9.67M | $9.93M | $5.57M | $4.98M | $5.10M | $7.31M | $8.96M | $8.52M | $13.24M | $11.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.52% | 6.98% | -0.20% | -2.21% | 0.11% | 0.75% | 12.81% | -4.72% | 1.14% | 1.79% | 1.50% | 4.44% | 1.22% | 21.47% | 0.82% | 12.27% | 0.72% |
Piedmont Office Realty Trust's average Quarter net income forecast for Mar 23 is $6.85M, with a range of $5.48M to $8.22M. PDM's average Quarter net income forecast represents a -90.93% decrease compared to the company's last Quarter net income of $75.57M (Dec 22).
Piedmont Office Realty Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.04M | $7.28M | $7.69M | $7.92M | $6.59M | $7.03M | $7.59M | $7.83M | $6.96M | $8.21M | $7.25M | $7.42M | $5.47M | $5.94M | $60.16M | $55.17M | $54.59M |
| Avg Forecast | $8.11M | $8.04M | $7.98M | $7.77M | $6.26M | $6.22M | $6.18M | $6.15M | $7.25M | $7.23M | $7.12M | $5.85M | $8.24M | $8.12M | $8.07M | $5.32M | $8.45M | $7.57M | $7.03M | $6.75M | $7.42M | $6.50M | $6.35M | $4.83M | $7.10M | $7.25M | $7.78M | $73.53M | $7.30M | $6.92M |
| High Forecast | $8.20M | $8.14M | $8.08M | $7.87M | $6.34M | $6.29M | $6.26M | $6.37M | $7.45M | $7.61M | $7.12M | $7.02M | $8.30M | $8.15M | $8.17M | $6.38M | $10.14M | $7.57M | $8.43M | $6.75M | $7.42M | $6.50M | $6.35M | $5.80M | $7.10M | $7.25M | $7.78M | $88.23M | $7.30M | $6.92M |
| Low Forecast | $8.01M | $7.94M | $7.88M | $7.68M | $6.19M | $6.14M | $6.11M | $5.93M | $7.05M | $6.85M | $7.12M | $4.68M | $8.18M | $8.10M | $7.97M | $4.25M | $6.76M | $7.57M | $5.62M | $6.75M | $7.42M | $6.50M | $6.35M | $3.87M | $7.10M | $7.25M | $7.78M | $58.82M | $7.30M | $6.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.90% | 1.45% | 0.94% | 0.87% | 1.00% | 1.12% | 1.06% | 1.07% | 1.29% | 1.50% | 1.04% | 0.75% | 0.76% | 0.82% | 7.56% | 7.89% |
Piedmont Office Realty Trust's average Quarter SG&A projection for Dec 23 is $8.24M, based on 2 Wall Street analysts, with a range of $8.18M to $8.30M. The forecast indicates a 16.97% rise compared to PDM last annual SG&A of $7.04M (Sep 23).
Piedmont Office Realty Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.14 | $-0.02 | $-0.01 | $0.61 | $0.01 | $0.05 | $0.88 | $-0.37 | $0.09 | $0.08 | $0.08 | $0.18 | $0.07 | $1.53 | $0.07 | $1.29 | $0.07 |
| Avg Forecast | - | - | - | - | - | - | - | $0.36 | $-0.04 | $-0.05 | $-0.05 | $-0.09 | $-0.02 | $-0.04 | $-0.00 | $-0.01 | $0.03 | $0.06 | $0.06 | $0.07 | $0.08 | $0.08 | $0.04 | $0.06 | $0.04 | $0.06 | $0.07 | $0.09 | $0.11 | $0.09 |
| High Forecast | - | - | - | - | - | - | - | $0.37 | $-0.04 | $-0.05 | $-0.05 | $-0.09 | $-0.02 | $-0.04 | $-0.00 | $-0.01 | $0.03 | $0.06 | $0.06 | $0.07 | $0.08 | $0.08 | $0.04 | $0.06 | $0.04 | $0.06 | $0.07 | $0.09 | $0.11 | $0.09 |
| Low Forecast | - | - | - | - | - | - | - | $0.35 | $-0.04 | $-0.05 | $-0.05 | $-0.09 | $-0.02 | $-0.04 | $-0.00 | $-0.01 | $0.03 | $0.06 | $0.06 | $0.07 | $0.08 | $0.08 | $0.04 | $0.06 | $0.04 | $0.06 | $0.07 | $0.09 | $0.11 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.59% | 7.02% | 1.04% | 19.61% | 0.11% | 0.76% | 12.88% | -4.74% | 1.12% | 1.78% | 1.38% | 4.44% | 1.19% | 21.16% | 0.78% | 12.09% | 0.74% |
According to 1 Wall Street analysts, Piedmont Office Realty Trust's projected average Quarter EPS for Mar 23 is $-0.01, with a low estimate of $-0.01 and a high estimate of $-0.01. This represents a -101.74% decrease compared to PDM previous annual EPS of $0.61 (Dec 22).
Piedmont Office Realty Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CIO | City Office REIT | $5.65 | $15.00 | 165.49% | Hold |
| HPP | Hudson Pacific Properties | $3.13 | $6.75 | 115.65% | Hold |
| PDM | Piedmont Office Realty Trust | $9.43 | $12.00 | 27.25% | |
| HIW | Highwoods Properties | $31.25 | $32.50 | 4.00% | Hold |
| CUZ | Cousins Properties | $31.28 | $29.80 | -4.73% | Buy |
| BDN | Brandywine Realty Trust | $5.84 | $5.50 | -5.82% | Hold |
| KRC | Kilroy Realty | $42.03 | $39.50 | -6.02% | Buy |
| DEI | Douglas Emmett | $20.32 | $18.00 | -11.42% | Hold |