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

Piedmont Realty Trust (NYSE:PDM) updated its FY 2026 earnings guidance on Thursday. 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 -.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Truist Financial upped their price objective on Piedmont Realty Trust from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Monday, November 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Piedmont Realty Trust in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $9.00.

Piedmont Realty Trust Stock Performance

Shares of PDM traded down $0.67 during trading hours on Thursday, hitting $7.82. The stock had a trading volume of 2,237,345 shares, compared to its average volume of 783,529. The firm has a market capitalization of $973.12 million, a PE ratio of -13.71 and a beta of 1.26. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.67 and a quick ratio of 1.67. Piedmont Realty Trust has a 12 month low of $5.46 and a 12 month high of $9.19. The stock has a fifty day moving average price of $8.43 and a 200 day moving average price of $8.35.

Institutional Trading of Piedmont Realty Trust

Large investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its position in Piedmont Realty Trust by 368.8% in the second quarter. Ameriprise Financial Inc. now owns 2,046,431 shares of the real estate investment trust’s stock worth $14,262,000 after acquiring an additional 1,609,919 shares during the period. Lighthouse Investment Partners LLC purchased a new stake in Piedmont Realty Trust in the 3rd quarter worth approximately $3,825,000. Arrowstreet Capital Limited Partnership raised its stake in Piedmont Realty Trust by 101.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 834,157 shares of the real estate investment trust’s stock worth $6,081,000 after acquiring an additional 421,095 shares during the period. First Trust Advisors LP lifted its holdings in Piedmont Realty Trust by 1,166.6% during the second quarter. First Trust Advisors LP now owns 394,226 shares of the real estate investment trust’s stock valued at $2,874,000 after purchasing an additional 363,102 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Piedmont Realty Trust by 39.9% in the second quarter. Bank of America Corp DE now owns 879,980 shares of the real estate investment trust’s stock worth $6,415,000 after purchasing an additional 250,776 shares during the period. 84.48% of the stock is currently 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.