PDM
Piedmont Office Realty Trust, Inc. Real Estate - Office Investor Relations →
Piedmont Office Realty Trust, Inc. (PDM) closed at $9.69 as of 2026-07-31, trading 29.4% above its 200-week moving average of $7.49. The stock is currently moving closer to the line, down from 30.8% last week. The 14-week RSI sits at 69, indicating neutral momentum.
Trading volume is running at 0.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.24 ratio) is neutral — neither side is clearly dominating.
Over the past 811 weeks of data, PDM has crossed below its 200-week moving average 16 times. On average, these episodes lasted 19 weeks. Historically, investors who bought PDM at the start of these episodes saw an average one-year return of +3.0%.
With a market cap of $1213 million, PDM is a small-cap stock. The company generates a free cash flow yield of 21.4%, which is notably high. Return on equity stands at -5.3%. The stock trades at 0.8x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 15.6 years, a hypothetical investment of $100 in PDM would have grown to $108, compared to $763 for the S&P 500. PDM has returned 0.5% annualized vs 13.9% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: PDM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PDM Crosses Below the Line?
Across 16 historical episodes, buying PDM when it crossed below its 200-week moving average produced an average return of +0.2% after 12 months (median +15.0%), compared to +15.6% for the S&P 500 over the same periods. 71% of those episodes were profitable after one year. After 24 months, the average return was -1.2% vs +33.2% for the index.
Each line shows $100 invested at the moment PDM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices PDM would reach each dislocation threshold.
Dislocation Price Levels
Prices where PDM's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $5.89 | Unusually cheap — potential buy zone |
| Value | +1σ | $6.78 | Cheap vs. own history |
| Fair Value | +0σ | $7.99 | Historical mean behavior |
| Expensive | -1σ | $9.72 | Expensive vs. own history |
| Deep Expensive | -2σ | $12.40 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from PDM's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
PDM has crossed below its 200-week MA 16 times with an average 1-year return of +3.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2011 | Jan 2012 | 21 | 13.0% | -0.5% | +12.4% |
| Mar 2012 | Mar 2012 | 1 | 0.2% | +19.7% | +12.2% |
| Apr 2012 | Jun 2012 | 11 | 5.5% | +23.2% | +15.1% |
| Jul 2012 | Jul 2012 | 3 | 1.2% | +13.7% | +13.4% |
| Aug 2012 | Aug 2012 | 2 | 1.2% | +4.9% | +13.0% |
| Nov 2013 | Feb 2014 | 12 | 4.8% | +17.9% | +8.6% |
| Mar 2014 | Mar 2014 | 1 | 0.3% | +12.3% | +8.1% |
| Mar 2018 | Apr 2018 | 5 | 5.0% | +26.3% | -12.2% |
| Dec 2018 | Jan 2019 | 3 | 4.0% | +34.5% | -16.9% |
| Mar 2020 | Mar 2021 | 50 | 35.9% | +27.4% | -6.7% |
| Sep 2021 | Sep 2021 | 1 | 0.4% | -21.8% | -25.8% |
| Mar 2022 | Mar 2022 | 1 | 0.2% | -46.6% | -27.3% |
| Apr 2022 | Oct 2024 | 132 | 59.0% | -52.6% | -24.6% |
| Oct 2024 | Aug 2025 | 43 | 32.8% | -15.9% | +1.1% |
| Oct 2025 | Nov 2025 | 4 | 3.7% | N/A | +21.3% |
| Feb 2026 | Apr 2026 | 7 | 16.4% | N/A | +27.7% |
| Average | 19 | — | +3.0% | — |
Frequently Asked Questions
Is PDM below its 200-week moving average?
No. Piedmont Office Realty Trust, Inc. (PDM) is currently 29.4% above its 200-week moving average of $7.49. It would need to fall to $7.49 to cross below the line.
What is PDM's 200-week moving average price?
Piedmont Office Realty Trust, Inc.'s 200-week moving average is $7.49 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PDM drops below its 200-week moving average?
PDM has crossed below its 200-week moving average 16 times in our data. On average, buying at that moment produced a one-year return of +3.0%. These dips have historically been decent entry points. These episodes lasted 19 weeks on average.
Is PDM a good value right now?
Here's what our data says about PDM as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 69. Free cash flow yield is 21.4%. Return on equity is -5.3%. Price-to-book is 0.8x. This is not a buy or sell recommendation — always do your own research.
How does PDM compare to the S&P 500?
Over the past 15.6 years, $100 invested in PDM would have grown to $108, compared to $763 for the S&P 500. That's 0.5% annualized vs 13.9% for the index. PDM has underperformed the broader market over this period.
Does PDM pay a dividend?
Yes. Piedmont Office Realty Trust, Inc. currently pays a dividend yield of 627.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31