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Piedmont Office ( (PDM) ) just unveiled an update.
Piedmont Realty Trust, Inc., on July 30, 2025, filed a new shelf registration statement with the SEC to replace its previous one, allowing the issuance of debt and equity securities. The company also amended its Equity Distribution Agreement with several financial institutions to maintain its ability to issue equity through an at-the-market program, enabling potential sales of up to $250 million in common stock. This move provides Piedmont with flexibility in funding options, depending on market conditions and other factors, without obligating the company to sell any shares immediately.
The most recent analyst rating on (PDM) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Piedmont Office stock, see the PDM Stock Forecast page.
Spark’s Take on PDM Stock
According to Spark, TipRanks’ AI Analyst, PDM is a Neutral.
Piedmont Office’s overall stock score is driven by significant financial challenges and negative earnings, which are partially offset by strong technical indicators and positive earnings call sentiment. The valuation remains a concern due to the negative P/E ratio, although the high dividend yield provides some investor appeal.
To see Spark’s full report on PDM stock, click here.
More about Piedmont Office
Average Trading Volume: 1,042,680
Technical Sentiment Signal: Hold
Current Market Cap: $929.3M
For a thorough assessment of PDM stock, go to TipRanks’ Stock Analysis page.