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

Key Points

• Piedmont Realty Trust is expected to report Q3 2026 earnings after the market closes on October 26. Analysts forecast a loss of $0.0483 per share on revenue of $146.80 million; the earnings call is scheduled for October 27 at 9:00 a.m. ET.
• The REIT missed its prior quarterly EPS estimate, reporting a $0.09 loss versus the expected $0.06 loss, although revenue of $144.12 million exceeded expectations.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $10.67, compared with the stock’s recent $9.09 price. The CFO also sold shares to cover tax withholding obligations related to vested equity awards.

Piedmont Realty Trust (NYSE:PDM - Get Free Report) is anticipated to post its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect the company to announce 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. Interested persons can find conference call details 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 - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $144.12 million for the quarter, compared to the consensus estimate of $133.68 million. Piedmont Realty Trust had a negative return on equity of 5.39% and a negative net margin of 14.18%. 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 Stock Down 0.0%

Shares of PDM opened at $9.09 on Monday. The company has a 50-day simple moving average of $9.36 and a 200-day simple moving average of $8.89. The firm has a market capitalization of $1.14 billion, a P/E ratio of -13.98 and a beta of 1.39. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.36 and a current ratio of 1.36. Piedmont Realty Trust has a 52 week low of $6.32 and a 52 week high of $10.13.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PDM. JPMorgan Chase & Co. lifted their target price on Piedmont Realty Trust from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 9th. Robert W. Baird upped their price target on Piedmont Realty Trust from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Friday, August 14th. Weiss Ratings downgraded Piedmont Realty Trust from a "sell (d+)" rating to a "sell (d-)" rating in a research report on Thursday, July 30th. Finally, Zacks Research raised Piedmont Realty Trust from a "hold" rating to a "strong-buy" rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $10.67.

Insider Transactions at Piedmont Realty Trust

In other news, CFO Sherry Rexroad sold 4,446 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $8.81, for a total value of $39,169.26. Following the completion of the transaction, the chief financial officer owned 53,857 shares in the company, valued at approximately $474,480.17. This represents a 7.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.20% of the stock is owned by company insiders.

About Piedmont Realty Trust

Piedmont Office Realty Trust, Inc NYSE: PDM is a self-managed real estate investment trust that owns, develops, acquires, leases and manages commercial office properties. The company focuses primarily on high-quality office buildings in major U.S. markets.

Piedmont's portfolio has historically been concentrated in the Sun Belt, with properties in markets such as Atlanta, Boston, Dallas, Los Angeles, New York, Orlando and Washington, DC Its properties serve businesses across a range of industries and typically include office space, parking and related tenant amenities.

The company generates revenue mainly by leasing office space to corporate and institutional tenants.

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