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Piedmont Office ( (PDM) ) has provided an announcement.
On June 6, 2025, Piedmont Office Realty Trust, Inc. officially changed its name to Piedmont Realty Trust, Inc. as part of a rebranding initiative to better align with its strategic focus on creating premium workspaces known as Piedmont PLACEs. This rebranding reflects the company’s commitment to transforming traditional office environments into spaces that promote collaboration and community, with no changes to its stock trading symbol or CUSIP. The name change aims to enhance the company’s market positioning by emphasizing its dedication to providing elevated service and cohesive client experiences.
The most recent analyst rating on (PDM) stock is a Hold with a $9.00 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.
The overall stock score reflects significant financial challenges and valuation concerns, partially offset by positive leasing momentum and technical indicators suggesting near-term stability. The suspension of dividends and macroeconomic uncertainties further temper the outlook.
To see Spark’s full report on PDM stock, click here.
More about Piedmont Office
Piedmont Realty Trust is a fully integrated, self-managed real estate investment trust (REIT) that owns, manages, develops, and operates 16 million square feet of Class A properties across major U.S. Sunbelt markets. The company is recognized for its hospitality-driven approach, transforming office buildings into premier ‘Piedmont PLACEs’ to enhance workplace experiences.
Average Trading Volume: 1,136,184
Technical Sentiment Signal: Sell
Current Market Cap: $948M
Find detailed analytics on PDM stock on TipRanks’ Stock Analysis page.