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

Piedmont Realty Trust (NYSE:PDM) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.490-1.540 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of -.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Wall Street Zen upgraded Piedmont Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Piedmont Realty Trust in a research note on Tuesday, April 21st. Finally, Truist Financial lowered their price objective on Piedmont Realty Trust from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Piedmont Realty Trust has an average rating of “Hold” and an average price target of $9.00.

Piedmont Realty Trust Price Performance

Shares of PDM traded down $0.05 on Friday, hitting $8.32. The company’s stock had a trading volume of 1,182,245 shares, compared to its average volume of 1,003,849. The company has a market capitalization of $1.04 billion, a PE ratio of -12.23 and a beta of 1.29. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.30 and a quick ratio of 1.30. Piedmont Realty Trust has a fifty-two week low of $6.32 and a fifty-two week high of $9.19. The company has a 50 day moving average price of $7.24 and a 200 day moving average price of $7.97.

Piedmont Realty Trust (NYSE:PDM) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.07). The business had revenue of $143.29 million during the quarter, compared to analyst estimates of $128.67 million. Piedmont Realty Trust had a negative return on equity of 5.44% and a negative net margin of 14.80%.Piedmont Realty Trust has set its FY 2026 guidance at 1.490-1.540 EPS. On average, research analysts anticipate that Piedmont Realty Trust will post 1.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Andrews Advisory Associates LLC acquired a new position in Piedmont Realty Trust during the 4th quarter worth $117,000. Inspire Investing LLC lifted its holdings in Piedmont Realty Trust by 10.8% during the 4th quarter. Inspire Investing LLC now owns 55,857 shares of the real estate investment trust’s stock worth $466,000 after buying an additional 5,440 shares in the last quarter. Balyasny Asset Management L.P. acquired a new position in Piedmont Realty Trust during the 4th quarter worth $5,469,000. Amundi lifted its holdings in Piedmont Realty Trust by 5.0% during the 4th quarter. Amundi now owns 66,177 shares of the real estate investment trust’s stock worth $552,000 after buying an additional 3,147 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Piedmont Realty Trust by 1.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 135,685 shares of the real estate investment trust’s stock worth $1,132,000 after buying an additional 2,534 shares in the last quarter. Institutional investors and hedge funds 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.