Piedmont Office Realty Trust(PDM)

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PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND
Globenewswire· 2025-02-03 21:30
Group 1 - Piedmont Office Realty Trust declared a quarterly cash dividend of $0.125 per share for Q1 2025, equating to an annualized dividend of $0.50 per share [1] - The dividend payment date is set for March 14, 2025, for stockholders of record as of February 21, 2025 [1] Group 2 - Piedmont Office Realty Trust is a real estate investment trust (REIT) focused on high-quality, Class A office properties primarily in the Sunbelt region [2] - The company has a portfolio valued at approximately $5 billion, consisting of around 16 million square feet of predominantly unencumbered properties [2] - Piedmont is a fully integrated, self-managed REIT with local management offices in each market and holds an investment-grade rating of Baa3 from Moody's [2] - The company has been recognized as a 2024 ENERGY STAR Partner of the Year – Sustained Excellence [2]
Piedmont Office Realty Trust, Inc. to Report Fourth Quarter and Annual 2024 Financial Results
Globenewswire· 2025-01-13 21:15
Atlanta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter and annual financial results on Thursday, February 13, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, February 14, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company’s investor relations website at investor.piedmontreit.com. During the conference call, the Company’s man ...
Piedmont Office (PDM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-24 23:01
Piedmont Office (PDM) reported $139.29 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 5.2%. EPS of $0.36 for the same period compares to -$0.14 a year ago.The reported revenue represents a surprise of -2.97% over the Zacks Consensus Estimate of $143.56 million. With the consensus EPS estimate being $0.37, the EPS surprise was -2.70%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...
Piedmont Office (PDM) Q3 FFO and Revenues Miss Estimates
ZACKS· 2024-10-24 22:31
Piedmont Office (PDM) came out with quarterly funds from operations (FFO) of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.70%. A quarter ago, it was expected that this commercial real estate investment trust would post FFO of $0.37 per share when it actually produced FFO of $0.37, delivering no surprise.Over the last four q ...
Piedmont Office Realty Trust(PDM) - 2024 Q3 - Quarterly Results
2024-10-24 20:23
EXHIBIT 99.2 HIMMINI STANT 2 11 Sussantees 0 0 BROMERE ........ 를 맞 STORE HOUSE IN DINEER A B N B am-g m = and 100 Blog I B BUNDER BE == BORNBODD us = RBURNING FELL WHITE WARD Four Seasons TTITY Hotel (proposed) HTE Supplemental Information Piedmont Office Realty Trust, Inc. Quarterly Supplemental Information Index Page Page Introduction Corporate Data 3 Investor Information 4 Supporting Information Earnings Release 5 Definitions 33 Key Performance Indicators 9 Research Coverage 34 Financials Non-GAAP Recon ...
Piedmont Office Realty Trust Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-24 20:15
Atlanta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended September 30, 2024. Highlights for the Three Months Ended September 30, 2024: Financial Results: Three Months Ended Nine Months Ended(in 000s other than per share amounts )September 30, 2024September 30, 2023 September 30, 2024September 30, 2023Net loss ...
Piedmont REIT Signs over 461,000 SF of Leases during Third Quarter
GlobeNewswire News Room· 2024-10-14 10:30
Atlanta, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or "the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company completed over 461,000 square feet of leasing during the third quarter of 2024, with approximately 45% of this total leased square footage related to new tenants and bringing its in-service leased percentage to 88.8% as of September 30, 2024. Rents on leases executed during the third q ...
Piedmont Office Realty Trust Reports Virtually No Damage From Hurricane Milton
GlobeNewswire News Room· 2024-10-10 20:15
Atlanta, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, including Orlando, FL, announced today that its property management team, after reviewing detailed property reports for all of the Company's Orlando assets, has reported virtually no damage to any of Piedmont's properties from Hurricane Milton and that all personnel in the affected areas are reported safe. Contact: Sarah Heimlich Company: ...
Piedmont Office Realty Trust, Inc. to Report Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-08 20:15
Atlanta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Atlanta, GA – October 8, 2024 – Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Thursday, October 24, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, October 25, 2024 at 9:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the confer ...
Piedmont Office Realty Trust, Inc. Announces CFO Transition
GlobeNewswire News Room· 2024-09-30 20:15
Atlanta, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) today announced that Robert E. Bowers, who has served as the Company's Chief Financial Officer (CFO) since 2007, will transition to an administrative role effective November 8th and Sherry L. Rexroad will succeed him. Ms. Rexroad brings approximately 30 years of experience in REITs and real estate, finance, and capital markets to the role, having most recently served as CFO of STORE Capital, a publicly traded net-lease ...