Piedmont Realty Trust, Inc. (PDM)

NYSE: PDM · Real-Time Price · USD
8.31
+0.09 (1.09%)
Nov 14, 2025, 4:00 PM EST - Market closed
1.09%
Market Cap1.03B
Revenue (ttm)565.37M
Net Income (ttm)-70.35M
Shares Out 124.52M
EPS (ttm)-0.57
PE Ration/a
Forward PEn/a
Dividend$0.25 (3.01%)
Ex-Dividend DateFeb 21, 2025
Volume681,463
Open8.24
Previous Close8.22
Day's Range8.07 - 8.32
52-Week Range5.46 - 10.02
Beta1.26
AnalystsBuy
Price Target9.00 (+8.3%)
Earnings DateOct 27, 2025

About PDM

Piedmont Realty Trust (NYSE: PDM), 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. [Read more]

Industry REIT - Office
Founded 1997
Employees 150
Stock Exchange NYSE
Ticker Symbol PDM
Full Company Profile

Financial Performance

In 2024, Piedmont Realty Trust's revenue was $570.32 million, a decrease of -1.29% compared to the previous year's $577.76 million. Losses were -$79.07 million, 63.4% more than in 2023.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for PDM stock is "Buy." The 12-month stock price target is $9.0, which is an increase of 8.30% from the latest price.

Price Target
$9.0
(8.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

1 day 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...

2 days 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 ...

11 days 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...

17 days 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 ...

18 days 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...

27 days 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...

5 weeks ago - GlobeNewsWire

Top 2 Real Estate Stocks You May Want To Dump This Month

As of Sept. 11, 2025, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

2 months ago - Benzinga

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...

2 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...

3 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...

3 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...

3 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...

4 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...

5 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...

5 months ago - Seeking Alpha

Piedmont Office Realty Trust: Improved 2025 Leasing Guidance Reinforces My Strong Buy

Piedmont Office Realty Trust is deeply undervalued, with a forward P/FFO of 4.8x and a 21% FFO yield, presenting a compelling opportunity. The company is rapidly leasing vacant spaces, raising full-ye...

5 months ago - Seeking Alpha

Piedmont REIT Signs over 500,000 SF of Leases Second Quarter-to-Date and Raises Full Year Leasing Guidance from 1.4 - 1.6 million SF to 1.8 - 2.0 million SF

Atlanta, June 02, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announce...

5 months ago - GlobeNewsWire

The State Of REITs: May 2025 Edition

The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger aver...

6 months ago - Seeking Alpha

Piedmont Office Realty: They Did The Right Thing, But The Market Didn't Get It

Mr. Market's irrational behavior creates opportunities to invest in undervalued, well-run office REITs like Piedmont Office Realty, which is currently undervalued by around 60%. Piedmont's dividend su...

7 months ago - Seeking Alpha

Piedmont Office Realty Stock: Dividend Elimination Gives A Buying Opportunity

Piedmont Office Realty Trust is an office REIT focused primarily on the Atlanta, Dallas, and Orlando markets. PDM's enterprise value is 75% funded with debt that, together with high lease incentives, ...

7 months ago - Seeking Alpha

Piedmont Office Realty Trust, Inc. (PDM) Q1 2025 Earnings Call Transcript

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Laura Moon – Executive Vice President and Chief Accounting Officer Brent ...

7 months ago - Seeking Alpha

Piedmont Office Realty Trust, Inc. Releases First Quarter 2025 Results

Atlanta, April 28, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc (NYSE: PDM) has released its financial and operational results for the first quarter of 2025.  Please visit the Investor R...

7 months ago - GlobeNewsWire

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

Atlanta, April 09, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Monday, April 28, 2025, after ...

7 months ago - GlobeNewsWire

Cash COWs: 11 High-Yield REITs

Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...

8 months ago - Seeking Alpha

Buried Treasures: 4 Dramatically Undervalued REITs

REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least ...

9 months ago - Seeking Alpha