Piedmont Realty Trust, Inc. (PDM)

NYSE: PDM · Real-Time Price · USD
7.61
-0.38 (-4.70%)
Feb 23, 2026, 4:00 PM EST - Market closed
Market Cap949.48M -8.8%
Revenue (ttm)564.99M -0.9%
Net Income-83.62M
EPS-0.67
Shares Out 124.85M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume892,268
Open7.91
Previous Close7.98
Day's Range7.55 - 7.92
52-Week Range5.46 - 9.19
Beta1.23
AnalystsBuy
Price Target9.00 (+18.34%)
Earnings DateFeb 11, 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.

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 $9.0, which is an increase of 18.34% from the latest price.

Price Target
$9.0
(18.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Piedmont Realty Trust, Inc. (PDM) Q4 2025 Earnings Call Transcript

Piedmont Realty Trust, Inc. (PDM) Q4 2025 Earnings Call Transcript

11 days ago - Seeking Alpha

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...

11 days 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...

19 days ago - GlobeNewsWire

Property Type Round-Up From REITWorld 2025

REITs are positioned for robust growth in 2026, driven by decelerating supply, disciplined capital allocation, and significant valuation discounts to NAV and private markets. Sector preferences favor ...

Other symbols: AHRALEXAMHAVBBNLBRXBX
20 days ago - Seeking Alpha

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 weeks 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...

5 weeks 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...

5 weeks ago - GlobeNewsWire

Piedmont Realty Trust: Leasing Momentum And Cash Flow Visibility Support A Dividend Return

Piedmont Realty Trust (PDM) remains deeply undervalued, trading at a P/FFO of 5.2x versus its historical average of 10.26x. I anticipate a dividend reinstatement in 2026, supported by improving leasin...

7 weeks ago - Seeking Alpha

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...

2 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...

3 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...

3 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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

Piedmont Realty Trust: Core FFO To Benefit From New Leases In The Short Term, Refinancing In The Long Term

Piedmont Office Realty Trust has lagged REIT peers in the VNQ so far in 2025, partially driven by a dividend suspension earlier in the year. Looking ahead to 2026, Core FFO is set to return to growth ...

4 months ago - Seeking Alpha

Piedmont Realty Trust, Inc. (PDM) Q3 2025 Earnings Call Transcript

Piedmont Realty Trust, Inc. (NYSE:PDM) Q3 2025 Earnings Call October 28, 2025 9:00 AM EDT Company Participants Laura Moon - Chief Accounting Officer, Treasurer & Executive VP Christopher Smith - Pres...

4 months ago - Seeking Alpha

Piedmont Realty Trust, Inc. Releases Third Quarter 2025 Results

Atlanta, GA, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the third quarter of 2025.  Please visit the Investor Relations ...

4 months ago - GlobeNewsWire

Rally In The Dark

U.S. equity markets rebounded this past week as the White House resumed negotiations with China following a major tariff threat, while investors focused on bank earnings that raised some eyebrows. Con...

4 months ago - Seeking Alpha

Piedmont Realty Trust, Inc. to Report Third Quarter 2025 Financial Results

Atlanta, GA, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Monday, October 27, 2025, after th...

4 months ago - GlobeNewsWire

Piedmont Realty Trust, Inc. Signs over 500,000 SF of Leases Third Quarter-to-Date Bringing Year to Date Leasing to over 1.5 million Square Feet

Atlanta, Sept. 09, 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 toda...

5 months ago - GlobeNewsWire

Piedmont Realty Trust: The Investment Thesis Is Playing Out Nicely

With one of the lowest P/FFO multiples in the sector, this REIT trades as if it's in terminal decline — but the numbers tell a different story. Leasing momentum is setting the stage for cash flow grow...

7 months ago - Seeking Alpha

Piedmont Realty Trust, Inc. (PDM) Q2 2025 Earnings Call Transcript

Piedmont Realty Trust, Inc. (NYSE:PDM) Q2 2025 Earnings Conference Call July 29, 2025 9:00 AM ET Company Participants Christopher A. Kollme - Executive Vice President of Investments & Strategy Christ...

7 months ago - Seeking Alpha

Piedmont Realty Trust, Inc. Releases Second Quarter 2025 Results

Atlanta, GA, July 28, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the second quarter of 2025.  Please visit the Investor Relations...

7 months ago - GlobeNewsWire

Piedmont Realty Trust, Inc. to Report Second Quarter 2025 Financial Results

Atlanta, July 07, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Monday, July 28, 2025, after the clos...

8 months ago - GlobeNewsWire

Piedmont Office Realty Trust Rebrands to Piedmont Realty Trust

Atlanta, June 09, 2025 (GLOBE NEWSWIRE) -- --Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the launch of its new brand identity includin...

9 months ago - GlobeNewsWire

A Slow Slowdown

US equity markets rallied to their highest levels since February after a critical slate of employment data showed lukewarm labor market conditions in May, with only minimal tariff-related impacts. Ben...

9 months ago - Seeking Alpha