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

Piedmont Realty Trust (NYSE:PDM) issued an update on its FY 2026 earnings guidance on Tuesday. 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 -.

Analysts Set New Price Targets

Several research analysts have recently commented on PDM shares. 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. Weiss Ratings raised Piedmont Realty Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Finally, Truist Financial reissued a “buy” rating and set a $11.00 price objective (up from $10.00) on shares of Piedmont Realty Trust in a report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.00.

Piedmont Realty Trust Stock Performance

Shares of NYSE PDM traded down $0.17 during trading hours on Tuesday, hitting $9.62. 595,389 shares of the stock were exchanged, compared to its average volume of 1,034,358. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.45 and a quick ratio of 1.45. The company’s 50 day moving average is $9.07 and its 200 day moving average is $8.21. The firm has a market capitalization of $1.20 billion, a P/E ratio of -13.74 and a beta of 1.36. Piedmont Realty Trust has a one year low of $6.32 and a one year high of $9.99.

Piedmont Realty Trust (NYSE:PDM) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.03). The firm had revenue of $144.12 million during the quarter, compared to the consensus estimate of $133.68 million. Piedmont Realty Trust had a negative return on equity of 5.70% and a negative net margin of 15.28%.Piedmont Realty Trust has set its FY 2026 guidance at 1.500-1.550 EPS. On average, research analysts expect that Piedmont Realty Trust will post 1.5 EPS for the current year.

Institutional Trading of Piedmont Realty Trust

Several hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC acquired a new stake in Piedmont Realty Trust in the 4th quarter valued at approximately $30,000. Advisory Services Network LLC bought a new position in Piedmont Realty Trust in the 3rd quarter worth approximately $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 buying an additional 3,005 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Piedmont Realty Trust by 59.7% during the second quarter. BNP Paribas Financial Markets now owns 10,741 shares of the real estate investment trust’s stock worth $78,000 after buying an additional 4,015 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec increased its holdings in shares of Piedmont Realty Trust by 26.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,854 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 2,058 shares during the period. Institutional investors own 84.48% of the company’s stock.

Piedmont Realty Trust Company Profile

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.