Piedmont Realty Trust, Inc. (PDM)

NYSE: PDM · Real-Time Price · USD
8.20
+0.12 (1.49%)
At close: May 22, 2026, 4:00 PM EDT
8.21
+0.01 (0.06%)
After-hours: May 22, 2026, 7:00 PM EDT
Market Cap1.03B +22.8%
Revenue (ttm)565.60M -0.5%
Net Income-86.44M
EPS-0.69
Shares Out 125.02M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume626,971
Open8.15
Previous Close8.08
Day's Range8.12 - 8.24
52-Week Range6.32 - 9.19
Beta1.39
AnalystsBuy
Price Target9.67 (+17.93%)
Earnings DateApr 30, 2026

About PDM

Piedmont Realty Trust Inc. is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of approximately 16 MM SF of Class A properties across major U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into premier piedmont places that enhance each client’s workplace experience. Piedmont Realty Trust, Inc. was incorporated in 1997 and is based in Atlanta, United ... [Read more]

Industry REIT - Office
Founded 1997
Employees 140
Stock Exchange NYSE
Ticker Symbol PDM
Full Company Profile

Financial Performance

In 2025, Piedmont Realty Trust's revenue was $564.99 million, a decrease of -0.93% compared to the previous year's $570.32 million. Losses were -$83.62 million, 5.76% more than in 2024.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for PDM stock is "Buy." The 12-month stock price target is $9.67, which is an increase of 17.93% from the latest price.

Price Target
$9.67
(17.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Piedmont Realty Trust Earnings Call Transcript: Q1 2026

Leasing momentum and portfolio quality drove strong Q1 2026 results, with Core FFO per share flat year-over-year and Same-Store NOI up 11%. Guidance for 2026 was raised, and the portfolio is nearly 90% leased, supported by robust demand and limited new supply.

24 days ago - Transcripts

Piedmont Realty Trust Quarterly report: Q1 2026

Piedmont Realty Trust has published its Q1 2026 quarterly earnings report on May 1, 2026.

24 days ago - Filings

Piedmont Realty Trust Earnings release: Q1 2026

Piedmont Realty Trust released its Q1 2026 earnings on May 1, 2026, summarizing the period's financial results.

24 days ago - Filings

Piedmont Realty Trust, Inc. Releases First Quarter 2026 Results

Atlanta, GA, April 30, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the quarter ended March 31, 2026. Please visit the Investor Rel...

25 days ago - GlobeNewsWire

Piedmont Realty Trust Proxy statement: Proxy filing

Piedmont Realty Trust filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Piedmont Realty Trust, Inc. to Report First Quarter 2026 Financial Results

Atlanta, GA, April 01, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Thursday, April 30, 2026, after t...

7 weeks ago - GlobeNewsWire

Piedmont Realty Trust Proxy statement: Proxy Filing

Piedmont Realty Trust filed a proxy statement on March 18, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Piedmont Realty Trust Proxy statement: Proxy Filing

Piedmont Realty Trust filed a proxy statement on March 18, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Piedmont Office Realty price target lowered to $10 from $11 at Truist

Truist analyst Michael Lewis lowered the firm’s price target on Piedmont Office Realty (PDM) to $10 from $11 and keeps a Buy rating on the shares. The firm is updating…

2 months ago - TheFly

Piedmont Realty Trust Earnings Call Transcript: Q4 2025

Record leasing in 2025 drove occupancy to 89.6% and set up strong Same Store NOI growth for 2026. Core FFO guidance for 2026 is up, with robust leasing momentum and rental rate increases, especially in Sunbelt markets.

3 months ago - Transcripts

Piedmont Realty Trust Annual report: Q4 2025

Piedmont Realty Trust has published its Q4 2025 annual report on February 12, 2026.

3 months ago - Filings

Piedmont Realty Trust Earnings release: Q4 2025

Piedmont Realty Trust released its Q4 2025 earnings on February 12, 2026, summarizing the period's financial results.

3 months ago - Filings

Piedmont Realty Trust, Inc. Releases Fourth Quarter and Annual 2025 Results

Atlanta, GA, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the fourth quarter and year ended December 31, 2025.  Please vis...

3 months ago - GlobeNewsWire

Piedmont Announces Promotion of Alex Valente to Co – Chief Operating Officer

Atlanta, GA, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (the “Company” or “Piedmont”) (NYSE: PDM) announced today that it has promoted Alex Valente to Co- Chief Operating Officer, working...

3 months ago - GlobeNewsWire

PIEDMONT REALTY TRUST ANNOUNCES TAX TREATMENT OF 2025 DIVIDENDS

Atlanta, GA, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2025 common stock dividen...

4 months ago - GlobeNewsWire

Piedmont Realty Trust, Inc. to Report Fourth Quarter and Annual 2025 Financial Results

Atlanta, GA, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter and annual financial results on Wednesday, February 11...

4 months ago - GlobeNewsWire

Piedmont Realty Trust, Inc. Leases 2.5 million Square Feet during 2025

Atlanta, GA, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced t...

4 months ago - GlobeNewsWire

Piedmont Realty Trust, Inc. Signs over 475,000 SF of Leases Fourth Quarter-to-Date Bringing Year to Date Leasing to Approximately 2.3 million Square Feet

Atlanta, GA, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced t...

6 months ago - GlobeNewsWire

PIEDMONT REALTY TRUST ANNOUNCES RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 9.250% SENIOR NOTES DUE 2028

Atlanta, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM), today announced the results, as of 5:00 p.m., New York City time, on November 19, 2025...

6 months ago - GlobeNewsWire

PIEDMONT REALTY TRUST ANNOUNCES PRICING OF CASH TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 9.250% SENIOR NOTES DUE 2028

Atlanta, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced the pricing of the cash tender offer to purchase any and all of its out...

6 months ago - GlobeNewsWire

Piedmont Realty Trust Announces Pricing of Senior Notes Offering

Atlanta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the ...

6 months ago - GlobeNewsWire

Piedmont Realty Trust commences offer to purchase senior notes

Piedmont Realty Trust announced that its operating partnership, Piedmont Operating Partnership, has commenced a cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 202...

6 months ago - TheFly

PIEDMONT REALTY TRUST COMMENCES OFFER TO PURCHASE ANY AND ALL OF ITS OUTSTANDING 9.250% SENIOR NOTES DUE 2028

Atlanta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced that its operating partnership, Piedmont Operating Partnership, LP (the...

6 months ago - GlobeNewsWire

Piedmont Realty Trust Earnings Call Transcript: Q3 2025

Record leasing activity and strong rental rate growth drove Q3 results, with over 724,000 square feet leased and FFO per share of $0.35. Guidance for 2025 core FFO was narrowed, and future earnings growth is expected as $75 million in new leases commence.

7 months ago - Transcripts

Piedmont Realty Trust Earnings release: Q3 2025

Piedmont Realty Trust released its Q3 2025 earnings on October 28, 2025, summarizing the period's financial results.

7 months ago - Filings