Piedmont Office Realty Trust Inc - Class A Profile
About
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.
Info & Links
CEO
C. Brent Smith
Headquarters
5565 GLENRIDGE CONNECTOR, STE 450 ATLANTA, GA 30342, UNITED STATES
Piedmont Office Realty Trust Inc - Class A Statistics
Valuation Measures
Market Capitalization2
1.16B
Enterprise Value
3.25B
Enterprise Value/EBITDA(ttm)
11.96
Price to Earnings Ratio(ttm)
5.84
Price to Sales(ttm)
1.94
Price to Book(mrq)
0.68
Price to Cash(ytd)
6.00
Profitability
Gross Margin(ttm)
0.00%
Operating Margin(ttm)
-13.47%
Profit Margin(ttm)
-13.40%
Return on Equity(ttm)
-4.61%
Return on Invested Capital(ttm)
-2.03%
Return on Assets(ttm)
-1.89%
Income Statement
Revenue(ttm)
572.42M
Revenue Per Share(ttm)
4.62
Gross Profit(ttm)
0.00
EBITDA(ttm)3
271.38M
Net Income Available to Common(ttm)
-77.12M
Diluted EPS(ttm)
-0.62
Share Statistics
Beta (5Y Monthly)
1.20
52-Week Change
39.43%
S&P 500 52-Week Change
25.15%
S&P 500 Member
Yes
Stock Optionable
Yes
Total Shares Outstanding1
124.00M
Dividend Yield
5.59%
Float4
122.40M
% Held by Insiders
1.29%
% Held by Institutions
84.48%
Balance Sheet
Total Cash(mrq)
136.97M
Total Cash Per Share(mrq)
1.10
Total Debt(mrq)
2.22B
Total Debt/Equity(mrq)
136.30%
Current Ratio(mrq)
--
Quick Ratio(mrq)
2.22%
Book Value Per Share(mrq)
13.15
Cash Flow
Operating Cash Flow Per Share(ytd)
1.08
Free Cash Flow(ytd)
67.98M
Table Key
mrq = Most Recent Quarter
ttm = Trailing Twelve Months
ytd = Year To Date
Footnotes
Data provided by Zacks Investment Research or calculated by FXEmpire. All numbers are rounded to the closest decimal.
1 Total Shares outstanding is taken from the most recently filed quarterly or annual report.
2 Market Cap is calculated using total shares outstanding and the most recent share price.
3 EBITDA is calculated using methodology that may differ from that used by a company in its reporting.
4 The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.