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

Piedmont Realty Trust (NYSE:PDM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.470-1.530 for the period, compared to the consensus estimate of 0.550. The company issued revenue guidance of -.

Piedmont Realty Trust Stock Performance

NYSE:PDM opened at $8.22 on Friday. The stock has a market cap of $1.02 billion, a P/E ratio of -12.08 and a beta of 1.26. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.43. The stock’s 50-day moving average is $8.42 and its 200-day moving average is $8.35. Piedmont Realty Trust has a 1-year low of $5.46 and a 1-year high of $9.19.

Piedmont Realty Trust (NYSE:PDM) last issued its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.35. Piedmont Realty Trust had a negative net margin of 14.80% and a negative return on equity of 5.40%. The business had revenue of $111.99 million during the quarter, compared to analyst estimates of $139.39 million. Equities research analysts anticipate that Piedmont Realty Trust will post 1.41 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PDM shares. Truist Financial lifted their price target on shares of Piedmont Realty Trust from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Monday, November 24th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Piedmont Realty Trust in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $9.00.

Institutional Trading of Piedmont Realty Trust

Institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC bought a new position in shares of Piedmont Realty Trust in the 3rd quarter worth about $30,000. Kestra Advisory Services LLC acquired a new stake in Piedmont Realty Trust during the fourth quarter worth approximately $30,000. EverSource Wealth Advisors LLC grew 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 purchasing an additional 3,005 shares during the period. Federation des caisses Desjardins du Quebec increased its holdings in Piedmont Realty Trust by 26.4% in the fourth 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 in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Piedmont Realty Trust by 59.7% in the second 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. Institutional investors own 84.48% of the company’s stock.

About Piedmont Realty Trust

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.