SLIDESHOW: Top 15 Low Price Stocks To Buy Under $20
By Dividend Channel Staff, updated Thu, May 9, 1:05 AM
This Slide: #2 of 15 |
#14. Piedmont Office Realty
Trading Symbol
PDM
Recent Price
6.84
TTM Earnings
1.68
PE Ratio (TTM)
4.1
Avg Past PE (TTM)
10.0
Market Cap
847.4M
#14. Piedmont Office Realty
Trading Symbol
PDM
Recent Price
6.84
TTM Earnings
1.68
PE Ratio (TTM)
4.1
Avg Past PE (TTM)
10.0
Market Cap
847.4M
Piedmont Office Realty Trust is a real estate investment trust. Co. is engaged in the ownership, management, development, redevelopment, and operation of office properties located primarily in select sub-markets within U.S. office markets. Co. conducts business primarily through its wholly-owned subsidiary, Piedmont Operating Partnership, L.P., which owns properties directly, through wholly-owned subsidiaries, and through various joint ventures which it controls. Co.'s portfolio of properties is primarily located in several metropolitan areas: Atlanta, Dallas, Washington, D.C., Minneapolis, Boston, Orlando, and New York. Additionally, Co. has one redevelopment asset in Orlando, FL. More details about Piedmont Office Realty at: http://www.piedmontreit.com.
ETFs holding PDM »
Should Piedmont Office Realty shares be counted among the Top 15 Low Price Stocks To Buy Under $20? To start, we see that the recent trading price for PDM stock is $6.84 (as of 5/8/2024). The most recent quarter's (MRQ) earnings result, annualized, was $1.56/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Piedmont Office Realty produced $1.68/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $1.68/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 4.1 for the TTM Median method, 4.4 for price to earnings using MRQ annualized, and 4.1 for current price/TTM earnings. Based on PDM's history, that recent TTM PE is low relative to the historical average, with the recent PE 59.0% lower than the average (TTM method) of 10.0.
Should Piedmont Office Realty shares be counted among the Top 15 Low Price Stocks To Buy Under $20? To start, we see that the recent trading price for PDM stock is $6.84 (as of 5/8/2024). The most recent quarter's (MRQ) earnings result, annualized, was $1.56/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Piedmont Office Realty produced $1.68/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $1.68/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 4.1 for the TTM Median method, 4.4 for price to earnings using MRQ annualized, and 4.1 for current price/TTM earnings. Based on PDM's history, that recent TTM PE is low relative to the historical average, with the recent PE 59.0% lower than the average (TTM method) of 10.0.
PDM Next Dividend Date » (Projection based upon history) PDM Dividend Growth Rate » Quotes delayed 20 minutes |
Buy (3.00 out of 4) 32nd percentile
(ranked lower than approx. 68% of all stocks covered)
Analysts' Target Price: PDM Forecast Based on data provided by Zacks Investment Research via Quandl.com |
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