Piedmont Realty Trust (PDM) Stock Price, News & Analysis

Company Overview

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. Through active asset management, Piedmont Realty Trust seeks to optimize occupancy rates and rental income, while selectively investing in value-add opportunities such as building renovations, infrastructure upgrades and re-tenanting of vacated space. Its in-house team of leasing and property professionals is responsible for day-to-day operations, tenant relations and market analysis.

Piedmont Realty Trust’s geographic footprint is concentrated in major markets across the Sun Belt and Mid-Atlantic regions, including Atlanta, Charlotte, Raleigh and select Texas cities. By targeting high-growth business corridors and established corporate hubs, the company aims to benefit from regional economic expansion and evolving workplace trends. Piedmont Realty Trust continues to evaluate portfolio diversification opportunities to enhance long-term shareholder value.

Key Stats

• Today's Range: $8.38 to $8.57
• 50-Day Range: $7.08 to $8.46
• 52-Week Range: $5.46 to $11.11
• Volume: 671,987 shs
• Average Volume: 949,186 shs
• Market Capitalization: $1.06 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.67
• Consensus Rating: Hold

Piedmont Realty Trust Stock Analysis - MarketRank™

Piedmont Realty Trust scored higher than 37% of companies evaluated by MarketBeat, and ranked 786th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Piedmont Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Piedmont Realty Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.13%

Earnings Growth

Earnings for Piedmont Realty Trust are expected to grow by 2.13% in the coming year, from $1.41 to $1.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Piedmont Realty Trust is -15.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Piedmont Realty Trust is -15.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Piedmont Realty Trust has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.72% of the float of Piedmont Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Piedmont Realty Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Piedmont Realty Trust has recently increased by 19.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Piedmont Realty Trust does not currently pay a dividend.

Dividend Growth

Piedmont Realty Trust has only been increasing its dividend for 1 years.

Dividend Sustainability

Based on earnings estimates, Piedmont Realty Trust will have a dividend payout ratio of 34.72% next year. This indicates that Piedmont Realty Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.72% of the float of Piedmont Realty Trust has been sold short.

Short Interest Ratio / Days to Cover

Piedmont Realty Trust has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Piedmont Realty Trust has recently increased by 19.29%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.4 / 5
• News Sentiment: 1.88

News Sentiment

Piedmont Realty Trust has a news sentiment score of 1.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.07 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Piedmont Realty Trust this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for PDM on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added Piedmont Realty Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Piedmont Realty Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.93% of the stock of Piedmont Realty Trust is held by insiders.

Percentage Held by Institutions

84.48% of the stock of Piedmont Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PDM Stock Analysis - Frequently Asked Questions

How have PDM shares performed this year?

Piedmont Realty Trust's stock was trading at $9.15 on January 1st, 2025. Since then, PDM stock has decreased by 6.6% and is now trading at $8.55.

How were Piedmont Realty Trust's earnings last quarter?

Piedmont Realty Trust, Inc. (NYSE:PDM) issued its quarterly earnings results on Monday, July, 28th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.01. The business's revenue was down 2.1% compared to the same quarter last year.
Read the conference call transcript.

Who are Piedmont Realty Trust's major shareholders?

Piedmont Realty Trust's top institutional shareholders include Wilsey Asset Management Inc. (3.31%), LSV Asset Management (3.27%), Private Management Group Inc. (3.08%) and Geode Capital Management LLC (2.75%). Insiders that own company stock include Robert E Bowers, Edward H Guilbert III, Barbara B Lang and Sherry L Rexroad.
View institutional ownership trends.

How do I buy shares of Piedmont Realty Trust?

Shares of PDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Piedmont Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Piedmont Realty Trust investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AU Optronics (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 7/28/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 10/23/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Office REITs
• Current Symbol: NYSE:PDM
• CIK: 1042776
• Web: www.piedmontreit.com
• Phone: (770) 418-8800
• Fax: 770-418-8900
• Employees: 150
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Piedmont Realty Trust: $8.67
• High Price Target: $9.00
• Low Price Target: $8.00
• Potential Upside/Downside: +2.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.55)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.00
• P/E Growth: N/A
• Net Income: -$79.06 million
• Net Margins: -12.10%
• Pretax Margin: -12.02%
• Return on Equity: -4.32%
• Return on Assets: -1.69%

Debt

• Debt-to-Equity Ratio: 1.41
• Current Ratio: 1.67
• Quick Ratio: 1.67

Sales & Book Value

• Annual Sales: $565.50 million
• Price / Sales: 1.86
• Cash Flow: $1.20 per share
• Price / Cash Flow: 7.06
• Book Value: $12.43 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 124,504,000
• Free Float: 123,346,000
• Market Cap: $1.05 billion
• Optionable: Optionable
• Beta: 1.53