Piedmont Office Realty Trust, Inc.

PDM

US7201902068

Commercial REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-05-16 pm EDT			5-day change	1st Jan Change
7.22 ^USD	-1.63%		+3.29%	+1.55%

May. 14	Travel + Leisure Co. Chooses Piedmont's 501 W. Church Building in Downtown Orlando for New Headquarters Location	CI
May. 07	Transcript : Piedmont Office Realty Trust, Inc. - Shareholder/Analyst Call

Piedmont Office Realty Trust, Inc. Appoints Venkatesh S. Durvasula as Independent Director and Member of the Capital Committee of the Board

August 02, 2022 at 04:15 pm EDT

Piedmont Office Realty Trust, Inc. announced that its Board of Directors has appointed Venkatesh (Tesh) S. Durvasula, as a member of the Board, effective August 1, 2022. Durvasula will serve as an independent director of the Company and as a member of the Capital Committee of the Board. Durvasula is currently the Chief Executive Officer (CEO) and member of the board of directors of Africa Data Centres.

Prior to joining Africa Data Centres, Durvasula was CEO and President of CyrusOne.

Latest news about Piedmont Office Realty Trust, Inc.

Travel + Leisure Co. Chooses Piedmont's 501 W. Church Building in Downtown Orlando for New Headquarters Location	May. 14	CI
Transcript : Piedmont Office Realty Trust, Inc. - Shareholder/Analyst Call	May. 07
Transcript : Piedmont Office Realty Trust, Inc., Q1 2024 Earnings Call, May 01, 2024	May. 01
Piedmont Office Realty Trust, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Piedmont Office Realty Trust, Inc. Affirms Earnings Guidance for the Year Ending December 31, 2024	Apr. 30	CI
Piedmont Office Realty Trust, Inc. Declares Regular Cash Dividend for the Second Quarter of 2024, Payable on June 14, 2024	Apr. 24	CI
Piedmont Office Realty Trust Completes Sale of Texas Property	Mar. 21	MT
An undisclosed buyer completed the acquisition of One Lincoln Park, located at 8401 North Central Expressway in Dallas from Piedmont Office Realty Trust, Inc..	Mar. 19	CI
Triumph Financial, Inc. acquired 257,000-square-foot One Lincoln Park at 8401 North Central Expressway from Piedmont Office Realty Trust, Inc. for approximately $54 million.	Mar. 19	CI
Transcript : Piedmont Office Realty Trust, Inc., Q4 2023 Earnings Call, Feb 08, 2024	Feb. 08
Piedmont Office Realty Trust, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 07	CI
Piedmont Office Realty Trust, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 07	CI
Piedmont Office Realty Trust, Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2024	Feb. 07	CI
Piedmont Office Realty Trust Keeps Quarterly Dividend at $0.125 a Share, Payable March 15 to Stockholders of Record Feb. 23	Feb. 01	MT
Piedmont Office Realty Trust Prices $200 Million Senior Notes Offering	Dec. 06	MT
Transcript : Piedmont Office Realty Trust, Inc., Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Tranche Update on Piedmont Office Realty Trust, Inc.'s Equity Buyback Plan announced on May 3, 2017.	23-10-30	CI
Piedmont Office Realty Trust, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
GE Vernova Chooses Piedmont Office Realty Trust, Inc.'s Atlanta Galleria for New Strategic Hub	23-10-30	CI
Transcript : Piedmont Office Realty Trust, Inc., Q2 2023 Earnings Call, Jul 20, 2023	23-07-20
Piedmont Office Realty Trust, Inc. Updates Earnings Guidance for the Year Ending December 31, 2023	23-07-20	CI
Piedmont Office Realty Trust's Operating Partnership Prices $400 Million Senior Notes Offering Due 2028	23-07-18	MT
Piedmont Office Realty Trust Starts Cash Tender Offer to Buy Outstanding 4.45% Notes Due 2024	23-07-18	MT
Tranche Update on Piedmont Office Realty Trust, Inc.'s Equity Buyback Plan announced on May 3, 2017.	23-07-18	CI
Piedmont Office Realty Trust, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-18	CI

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Company Profile

Piedmont Office Realty Trust, Inc. is a fully integrated, self-managed real estate investment trust (REIT). The Company is an owner, manager, developer, redeveloper, and operator of Class A office properties located primarily in major United States Sunbelt markets. The Company conducts business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. (Piedmont OP). It owns and operates about 51 in-service office properties comprised of approximately 17 million square feet of primarily Class A office space which are 87.1% leased. It has one redevelopment asset comprising about 127,000 square feet in Orlando, Florida. The Companyâs portfolio of properties is primarily located in various metropolitan areas, including Atlanta, Dallas, Northern Virginia/Washington, D.C., Boston, Orlando, Minneapolis, and New York, and others.

Sector

Commercial REITs

Calendar

2024-05-22 - Ex-dividend day

Related indices

Russell 2000

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Ratings for Piedmont Office Realty Trust, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.22 USD

Average target price

9.167 USD

Spread / Average Target

+26.96%

Consensus

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Company calendar

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