Piedmont Office Realty Trust, Inc. is an integrated and self-managed real estate investment trust specializing in the acquisition, ownership, management and development of commercial real estate properties. That includes properties that are under construction, newly constructed, or have operating histories. The Company is primarily focused on high-quality Class A office buildings located in major U.S. markets and leased primarily to high-credit quality tenants. Major markets include: Washington, D.C., greater Los Angeles, the New York metropolitan area, Boston and Chicago. Piedmont conducts business primarily through Piedmont Operating Partnership, LP; a Delaware limited partnership, as well as performing the management of its buildings through two wholly-owned subsidiaries, Piedmont Government Services, LLC and Piedmont Office Management, LLC. Piedmont OP owns a majority of its properties directly and a limited number through joint ventures with real estate limited partnerships with other third parties.
Revenue (Most Recent Fiscal Year) | $570.32M |
Net Income (Most Recent Fiscal Year) | $-79.06M |
PE Ratio (Current Year Earnings Estimate) | 5.11 |
PE Ratio (Trailing 12 Months) | 4.97 |
PEG Ratio (Long Term Growth Estimate) | -- |
Price to Sales Ratio (Trailing 12 Months) | 1.59 |
Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 0.58 |
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 6.05 |
Pre-Tax Margin (Trailing 12 Months) | -10.72% |
Net Margin (Trailing 12 Months) | -10.80% |
Return on Equity (Trailing 12 Months) | -3.82% |
Return on Assets (Trailing 12 Months) | -1.50% |
Current Ratio (Most Recent Fiscal Quarter) | 1.79 |
Quick Ratio (Most Recent Fiscal Quarter) | 1.79 |
Debt to Common Equity (Most Recent Fiscal Quarter) | 1.40 |
Inventory Turnover (Trailing 12 Months) | -- |
Book Value per Share (Most Recent Fiscal Quarter) | $12.55 |
Earnings per Share (Most Recent Fiscal Quarter) | $0.36 |
Earnings per Share (Most Recent Fiscal Year) | $1.49 |
Diluted Earnings per Share (Trailing 12 Months) | $-0.49 |
Exchange | NYSE |
Sector | Real Estate |
Industry | REIT - Office |
Common Shares Outstanding | 124.41M |
Free Float | 122.80M |
Market Capitalization | $901.96M |
Average Volume (Last 20 Days) | 1.10M |
Beta (Past 60 Months) | 1.37 |
Percentage Held By Insiders (Latest Annual Proxy Report) | 1.29% |
Percentage Held By Institutions (Latest 13F Reports) | 84.48% |
Annual Dividend (Based on Last Quarter) | $0.50 |
Dividend Yield (Based on Last Quarter) | 6.90% |