Piedmont Realty Trust (PDM) Expected to Post Quarterly Earnings on Monday

Piedmont Realty Trust (NYSE:PDM) is expected to release its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect the company to post earnings of ($0.0483) per share and revenue of $146.80 million for the quarter. Piedmont Realty Trust has set its FY 2026 guidance at 1.500-1.550 EPS. Investors may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 9:00 AM ET.

Piedmont Realty Trust (NYSE:PDM) last issued its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.03). Piedmont Realty Trust had a negative net margin of 14.18% and a negative return on equity of 5.39%. The firm had revenue of $144.12 million for the quarter, compared to analyst estimates of $133.68 million. On average, analysts expect Piedmont Realty Trust to post $1.53 EPS for the current fiscal year and $1.63 EPS for the next fiscal year.

Piedmont Realty Trust Trading Up 0.6%

Shares of NYSE PDM opened at $9.69 on Friday. Piedmont Realty Trust has a 12 month low of $6.32 and a 12 month high of $10.13. The business has a fifty day simple moving average of $9.35 and a 200-day simple moving average of $8.97. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.53. The company has a market cap of $1.21 billion, a price-to-earnings ratio of -14.90 and a beta of 1.39.

Insider Buying and Selling at Piedmont Realty Trust

In related news, CFO Sherry Rexroad sold 4,446 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $8.81, for a total value of $39,169.26. Following the sale, the chief financial officer owned 53,857 shares of the company’s stock, valued at $474,480.17. The trade was a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

PDM has been the topic of several research reports. Weiss Ratings lowered shares of Piedmont Realty Trust from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. Zacks Research raised shares of Piedmont Realty Trust from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 15th. JPMorgan Chase & Co. raised their target price on Piedmont Realty Trust from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, September 9th. Finally, Robert W. Baird upped their target price on Piedmont Realty Trust from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $10.67.

Piedmont Realty Trust Company Profile

Piedmont Realty Trust, formally known as Piedmont Office Realty Trust, Inc (NYSE: PDM), is a self-managed real estate investment trust that owns, develops, acquires, leases and manages office properties in the United States. The company primarily focuses on high-quality office buildings serving corporate tenants and other organizations.

Piedmont’s portfolio has historically been concentrated in major office markets across the Sun Belt and eastern United States, including Atlanta, Boston, Dallas, Washington, DC, and other metropolitan areas.