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

Piedmont Realty Trust (NYSE:PDM) issued an update on 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 EPS estimate of 1.500. The company issued revenue guidance of -.

Analyst Ratings Changes

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

Piedmont Realty Trust Price Performance

PDM stock traded down $0.17 during trading on Tuesday, hitting $9.62. 606,812 shares of the stock traded hands, compared to its average volume of 1,034,358. Piedmont Realty Trust has a one year low of $6.32 and a one year high of $9.99. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of -13.74 and a beta of 1.36. The company has a 50 day simple moving average of $9.07 and a 200 day simple moving average of $8.21. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 1.52.

Piedmont Realty Trust (NYSE:PDM) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.07). The firm had revenue of $143.29 million for the quarter, compared to analyst estimates of $128.67 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 1.490-1.540 EPS. Equities analysts expect that Piedmont Realty Trust will post 1.5 EPS for the current fiscal year.

Institutional Trading of Piedmont Realty Trust

Several hedge funds have recently modified their holdings of PDM. Kestra Advisory Services LLC bought a new position in Piedmont Realty Trust in the 4th quarter worth approximately $30,000. Advisory Services Network LLC bought a new position in Piedmont Realty Trust in the 3rd quarter valued at $30,000. EverSource Wealth Advisors LLC boosted its position in Piedmont Realty Trust by 214.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,405 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 3,005 shares during the last quarter. BNP Paribas Financial Markets increased 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 buying an additional 4,015 shares during the period. Finally, Federation des caisses Desjardins du Quebec increased 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 buying an additional 2,058 shares during the period. 84.48% of the stock is owned by institutional investors.

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.