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 $15.50 (represents a 56.25% upside from PDM’s last price of $9.92) 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 |
|---|---|---|---|---|---|---|
| Dec 02, 2022 | - | J.P. Morgan | $14.00 | $10.11 | 38.48% | 41.13% |
| Jun 30, 2022 | - | Truist Financial | $17.00 | $13.04 | 30.37% | 71.37% |
The latest Piedmont Office Realty Trust stock forecast, released on Dec 02, 2022 by J.P. Morgan company, set a price target of $14.00, which represents a 38.48% increase from the stock price at the time of the forecast ($10.11), and a 41.13% increase from PDM last price ($9.92).
Piedmont Office Realty Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $9.92 | $9.92 | $9.92 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
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 $9.92. This month's average price target is down NaN% compared to last quarter, and down NaN% 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 | Jul 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 | - | $136.15M | $138.16M | $131.07M | $130.22M | $129.26M | $131.53M | $131.69M | $134.63M | $137.17M | $134.15M | $135.42M |
| Avg Forecast | $142.60M | $141.44M | $140.12M | $135.78M | $114.82M | $114.13M | $113.40M | $112.79M | $130.17M | $127.50M | $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 | $142.85M | $141.69M | $140.36M | $136.01M | $115.02M | $114.33M | $113.60M | $112.99M | $130.40M | $127.74M | $126.51M | $128.04M | $147.26M | $144.54M | $143.46M | $129.66M | $151.60M | $138.21M | $123.13M | $123.41M | $135.62M | $118.77M | $115.99M | $131.22M | $129.79M | $132.53M | $142.15M | $135.62M | $133.38M | $126.47M |
| Low Forecast | $142.36M | $141.20M | $139.88M | $135.55M | $114.62M | $113.94M | $113.21M | $112.60M | $129.95M | $127.25M | $126.08M | $127.60M | $145.08M | $143.73M | $142.97M | $129.22M | $151.08M | $137.74M | $123.13M | $122.74M | $134.87M | $118.12M | $115.36M | $130.50M | $129.08M | $131.80M | $141.37M | $134.88M | $132.65M | $125.78M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | 0.04% | 1.10% | 0.97% | 1.04% | - | 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 | Jul 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-61.83M | $-60.52M | $78.54M | $79.94M | $78.81M | - | $76.96M | $34.03M | $72.94M | $71.28M | $71.16M | $83.35M | $70.56M | $255.50M | $73.38M | $222.88M | $70.11M |
| Avg Forecast | $80.23M | $79.58M | $78.83M | $76.39M | $64.60M | $64.21M | $63.80M | $63.46M | $73.24M | $71.73M | $71.05M | $57.40M | $82.24M | $81.09M | $80.57M | $52.18M | $85.14M | $70.21M | $69.27M | $69.24M | $33.35M | $63.82M | $71.28M | $47.44M | $120.03M | $58.80M | $79.76M | $89.68M | $74.83M | $85.68M |
| High Forecast | $80.37M | $79.71M | $78.97M | $76.52M | $64.71M | $64.32M | $63.91M | $63.57M | $73.36M | $71.87M | $71.18M | $68.88M | $82.85M | $81.32M | $80.71M | $62.62M | $85.29M | $84.25M | $69.27M | $69.43M | $40.02M | $76.59M | $85.53M | $56.93M | $144.03M | $70.56M | $79.98M | $107.62M | $75.04M | $102.82M |
| Low Forecast | $80.09M | $79.44M | $78.70M | $76.26M | $64.49M | $64.10M | $63.69M | $63.35M | $73.11M | $71.59M | $70.93M | $45.92M | $81.63M | $80.86M | $80.44M | $41.75M | $85.00M | $56.16M | $69.27M | $69.05M | $26.68M | $51.06M | $57.02M | $37.95M | $96.02M | $47.04M | $79.54M | $71.74M | $74.63M | $68.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.76% | -0.75% | 1.51% | 0.94% | 1.12% | - | 1.11% | 1.02% | 1.14% | 1.00% | 1.50% | 0.69% | 1.20% | 3.20% | 0.82% | 2.98% | 0.82% |
1 analysts predict PDM's average Quarter EBITDA for Jun 23 to be $80.57M, with a high of $80.71M and a low of $80.44M. This is 2.59% upper 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 | Jul 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-17.00M | $-1.99M | $-1.37M | $75.57M | $865.00K | - | $108.50M | $-45.67M | $11.31M | $9.95M | $9.34M | $22.61M | $8.94M | $192.43M | $8.71M | $162.48M | $8.42M |
| Avg Forecast | - | - | - | - | - | - | - | - | $-3.81M | $-6.45M | $-6.01M | $7.54M | $-2.63M | $-4.83M | $-284.47K | $6.85M | $3.86M | $10.88M | $7.93M | $8.45M | $-31.11M | $9.89M | $9.95M | $6.23M | $32.56M | $7.45M | $3.41B | $10.64M | $1.42B | $10.29M |
| High Forecast | - | - | - | - | - | - | - | - | $-3.81M | $-6.43M | $-5.99M | $9.04M | $-2.57M | $-4.82M | $-283.85K | $8.22M | $3.86M | $13.06M | $7.93M | $8.48M | $-24.89M | $11.87M | $11.94M | $7.48M | $39.07M | $8.94M | $4.10B | $12.77M | $1.71B | $12.35M |
| Low Forecast | - | - | - | - | - | - | - | - | $-3.82M | $-6.46M | $-6.02M | $6.03M | $-2.63M | $-4.84M | $-285.12K | $5.48M | $3.85M | $8.71M | $7.93M | $8.42M | $-37.34M | $7.91M | $7.96M | $4.98M | $26.05M | $5.96M | $2.73B | $8.52M | $1.14B | $8.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.52% | 6.98% | -0.20% | 19.60% | 0.08% | - | 12.83% | 1.47% | 1.14% | 1.00% | 1.50% | 0.69% | 1.20% | 0.06% | 0.82% | 0.11% | 0.82% |
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 | Jul 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.04M | $7.28M | $7.69M | $7.92M | $6.59M | - | $7.59M | $7.83M | $6.96M | $8.21M | $7.25M | $7.42M | $5.47M | $5.94M | $60.16M | $55.17M | $54.59M |
| Avg Forecast | $7.82M | $7.76M | $7.69M | $7.45M | $6.30M | $6.26M | $6.22M | $6.19M | $7.14M | $6.99M | $6.93M | $5.85M | $8.02M | $7.91M | $7.86M | $5.32M | $8.30M | $6.69M | $6.75M | $6.75M | $7.68M | $6.09M | $8.21M | $4.83M | $10.68M | $4.56M | $105.34M | $73.53M | $7.30M | $66.72M |
| High Forecast | $7.84M | $7.77M | $7.70M | $7.46M | $6.31M | $6.27M | $6.23M | $6.20M | $7.15M | $7.01M | $6.94M | $7.02M | $8.08M | $7.93M | $7.87M | $6.38M | $8.32M | $8.03M | $6.75M | $6.77M | $9.21M | $7.30M | $9.85M | $5.80M | $12.81M | $5.47M | $126.41M | $88.23M | $7.32M | $80.06M |
| Low Forecast | $7.81M | $7.75M | $7.67M | $7.44M | $6.29M | $6.25M | $6.21M | $6.18M | $7.13M | $6.98M | $6.92M | $4.68M | $7.96M | $7.88M | $7.84M | $4.25M | $8.29M | $5.36M | $6.75M | $6.73M | $6.14M | $4.87M | $6.57M | $3.87M | $8.54M | $3.65M | $84.27M | $58.82M | $7.28M | $53.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 0.93% | 1.45% | 0.95% | 0.98% | - | 1.12% | 1.02% | 1.14% | 1.00% | 1.50% | 0.69% | 1.20% | 0.06% | 0.82% | 7.56% | 0.82% |
Piedmont Office Realty Trust's average Quarter SG&A projection for Dec 23 is $8.02M, based on 2 Wall Street analysts, with a range of $7.96M to $8.08M. The forecast indicates a 13.86% 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 | Jul 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.14 | $-0.02 | $-0.01 | $0.61 | $0.01 | - | $0.88 | $-0.37 | $0.09 | $0.08 | $0.08 | $0.18 | $0.07 | $1.53 | $0.07 | $1.29 | $0.07 |
| Avg Forecast | - | - | - | - | - | - | - | - | $-0.03 | $-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 | - | - | - | - | - | - | - | - | $-0.03 | $-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 | $0.05 | $0.06 | $0.04 | $0.06 | $0.07 | $0.09 | $0.11 | $0.09 |
| Low Forecast | - | - | - | - | - | - | - | - | $-0.03 | $-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% | - | 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 |
|---|---|---|---|---|---|
| HPP | Hudson Pacific Properties | $4.96 | $13.76 | 177.42% | Hold |
| CIO | City Office REIT | $6.19 | $15.00 | 142.33% | Hold |
| KRC | Kilroy Realty | $36.59 | $60.80 | 66.17% | Buy |
| PDM | Piedmont Office Realty Trust | $9.92 | $15.50 | 56.25% | - |
| BDN | Brandywine Realty Trust | $5.36 | $7.88 | 47.01% | Hold |
| DEI | Douglas Emmett | $16.80 | $22.67 | 34.94% | Hold |
| CUZ | Cousins Properties | $29.43 | $31.50 | 7.03% | Buy |
| HIW | Highwoods Properties | $32.84 | $33.25 | 1.25% | Hold |
PDM Forecast FAQ
Will Piedmont Office Realty Trust stock go up soon?
According to Wall Street analysts' prediction for PDM stock, the company can go up by 56.25% (from the last price of $9.92 to the average price target of $15.5), up by 71.37% based on the highest stock price target, and up by 41.13% based on the lowest stock price target.
Can Piedmont Office Realty Trust stock reach $15?
PDM's average twelve months analyst stock price target of $15.5 supports the claim that Piedmont Office Realty Trust can reach $15 in the near future.
What are Piedmont Office Realty Trust's analysts' financial forecasts?
Piedmont Office Realty Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $455.13M (high $455.93M, low $454.37M), average EBITDA is $256.06M (high $256.51M, low $255.63M), average net income is $0 (high $0, low $0), average SG&A $24.97M (high $25.01M, low $24.93M), and average EPS is $0 (high $0, low $0). PDM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $559.93M (high $560.91M, low $558.99M), average EBITDA is $315.02M (high $315.58M, low $314.49M), average net income is $0 (high $0, low $0), average SG&A $30.72M (high $30.77M, low $30.67M), and average EPS is $0 (high $0, low $0).
Did the PDM's actual financial results beat the analysts' financial forecasts?
Based on Piedmont Office Realty Trust's last annual report (Dec 2022), the company's revenue was $563.77M, beating the average analysts forecast of $535.51M by 5.28%. Apple's EBITDA was $311.29M, beating the average prediction of $293.87M by 5.93%. The company's net income was $272.58M, beating the average estimation of $31.12M by 775.84%. Apple's SG&A was $29.13M, beating the average forecast of $28.5M by 2.19%. Lastly, the company's EPS was $2.21, beating the average prediction of $0.225 by 881.79%. In terms of the last quarterly report (Sep 2023), Piedmont Office Realty Trust's revenue was $5.06M, missing the average analysts' forecast of $144.13M by -96.49%. The company's EBITDA was $-61.834M, missing the average prediction of $81.09M by -176.26%. Piedmont Office Realty Trust's net income was $-17.001M, beating the average estimation of $-4.834M by 251.71%. The company's SG&A was $7.04M, missing the average forecast of $7.91M by -10.93%. Lastly, the company's EPS was $-0.14, beating the average prediction of $-0.039 by 259.00%