Piedmont Office Realty Trust Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 61 out of 187 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 9.67.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Piedmont Office Realty Trust Inc is 6.75, ranking 140 out of 187 in the Residential & Commercial REITs industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 143.29M, representing a year-over-year increase of 0.43%, while its net profit experienced a year-over-year increase of 27.87%.
Key Metrics
The current valuation score of Piedmont Office Realty Trust Inc is 8.73, ranking 27 out of 187 in the Residential & Commercial REITs industry. Its current P/E ratio is -11.58, which is -244.59% below the recent high of 16.75 and -63.73% above the recent low of -18.96.
The current earnings forecast score of Piedmont Office Realty Trust Inc is 6.67, ranking 109 out of 187 in the Residential & Commercial REITs industry. The average price target is 10.00, with a high of 10.00 and a low of 9.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Piedmont Office Realty Trust Inc is 6.87, ranking 86 out of 187 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 8.61 and the support level at 7.59, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Piedmont Office Realty Trust Inc is 10.00, ranking 1 out of 187 in the Residential & Commercial REITs industry. The latest institutional shareholding proportion is 105.34%, representing a quarter-over-quarter increase of 14.30%. The largest institutional shareholder is PRFDX, holding a total of 296.11K shares, representing 0.24% of shares outstanding, with 46.78% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Piedmont Office Realty Trust Inc is 7.59, ranking 121 out of 187 in the Residential & Commercial REITs industry. The company's beta value is 1.38. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Piedmont Office Realty Trust Inc’s latest ESG disclosure leads the Residential & Commercial REITs industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
