Piedmont Realty Trust (NYSE:PDM) Releases FY 2026 Earnings Guidance

Piedmont Realty Trust (NYSE:PDMGet Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.500-1.550 for the period, compared to the consensus earnings per share estimate of 1.500. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages have recently commented on PDM. Weiss Ratings raised shares of Piedmont Realty Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Wall Street Zen upgraded shares of Piedmont Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, Truist Financial reiterated a “buy” rating and set a $11.00 price target (up from $10.00) on shares of Piedmont Realty Trust in a report on Monday, June 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Piedmont Realty Trust currently has a consensus rating of “Hold” and an average price target of $11.00.

Get Our Latest Report on Piedmont Realty Trust

Piedmont Realty Trust Stock Performance

PDM traded up $0.41 on Wednesday, reaching $10.03. The company had a trading volume of 353,990 shares, compared to its average volume of 1,029,608. The stock has a market cap of $1.25 billion, a P/E ratio of -14.30 and a beta of 1.36. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.45 and a current ratio of 1.45. Piedmont Realty Trust has a fifty-two week low of $6.32 and a fifty-two week high of $10.13. The company’s fifty day moving average is $9.10 and its 200 day moving average is $8.22.

Piedmont Realty Trust (NYSE:PDMGet Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.03). Piedmont Realty Trust had a negative return on equity of 5.70% and a negative net margin of 15.28%.The company had revenue of $144.12 million for the quarter, compared to analyst estimates of $133.68 million. Piedmont Realty Trust has set its FY 2026 guidance at 1.500-1.550 EPS. As a group, analysts predict that Piedmont Realty Trust will post 1.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in shares of Piedmont Realty Trust in the 4th quarter valued at $30,000. Advisory Services Network LLC bought a new position in Piedmont Realty Trust in the third quarter valued at about $30,000. EverSource Wealth Advisors LLC raised its stake in Piedmont Realty Trust by 214.6% during the second quarter. EverSource Wealth Advisors LLC now owns 4,405 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 3,005 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Piedmont Realty Trust by 59.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 10,741 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 4,015 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its stake in shares of Piedmont Realty Trust by 26.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,854 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 2,058 shares in the last quarter. 84.48% of the stock is owned by institutional investors and hedge funds.

About Piedmont Realty Trust

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Piedmont Realty Trust is a real estate investment trust (REIT) headquartered in Atlanta, Georgia, that focuses on the ownership, acquisition and management of office properties. The company’s portfolio comprises a mix of multi-tenant and single-tenant buildings, with a particular emphasis on small- to mid-size office campuses and urban infill properties. Piedmont Realty Trust structures its leases and property services to support a diversified base of tenants, including professional services firms, government agencies and technology companies.

The company’s operating model combines property management, leasing and strategic capital allocation to enhance asset value and drive income stability.

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