Piedmont Realty Trust, Inc. (PDM)

NYSE: PDM · Real-Time Price · USD
8.45
+0.04 (0.48%)
At close: May 6, 2026, 4:00 PM EDT
8.45
0.00 (0.00%)
After-hours: May 6, 2026, 4:10 PM EDT
Market Cap1.06B +29.8%
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
Volume1,153,849
Open8.52
Previous Close8.41
Day's Range8.38 - 8.54
52-Week Range6.32 - 9.19
Beta1.37
AnalystsBuy
Price Target9.00 (+6.51%)
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 in Maryland, USA.

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 2 analysts, the average rating for PDM stock is "Buy." The 12-month stock price target is $9.0, which is an increase of 6.51% from the latest price.

Price Target
$9.0
(6.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Piedmont Realty Trust Earnings Call Transcript: Q1 2026

Leasing momentum and portfolio repositioning drove strong Q1 2026 results, with high renewal rates, double-digit rent growth, and increased guidance for Core FFO and Same-Store NOI. Balance sheet strength and robust demand for high-quality office space support a positive outlook.

5 days ago - Transcripts

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...

6 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

Top 3 Real Estate Stocks That Are Preparing To Pump In Q1

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: ESRTTCI
2 months ago - Benzinga

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.

2 months ago - Transcripts

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...

2 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...

3 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...

5 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...

5 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 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.

6 months ago - Transcripts

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 ...

6 months ago - GlobeNewsWire

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...

7 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...

8 months ago - GlobeNewsWire

Piedmont Realty Trust Earnings Call Transcript: Q2 2025

Record leasing activity and strong demand for high-quality office assets drove a rise in occupancy and rental rates, with robust pipelines and portfolio repositioning toward the Sunbelt. Most new leasing will benefit earnings in 2026 and beyond, with FFO guidance affirmed.

10 months ago - Transcripts

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...

10 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...

10 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...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Piedmont Realty Trust Earnings Call Transcript: Q1 2025

Leasing momentum remains strong with 363,000 sq ft signed in Q1 and a robust pipeline, but macro uncertainty led to a dividend suspension to fund growth and preserve liquidity. Core FFO guidance is affirmed, with major lease commencements expected to boost earnings in late 2025 and 2026.

1 year ago - Transcripts