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

Piedmont Realty Trust (NYSE:PDM) is expected to be issuing 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. Individuals can check 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 data on Tuesday, July 28th. The real estate investment trust reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.03). The business had revenue of $144.12 million during the quarter, compared to analyst estimates 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 Performance

NYSE PDM opened at $9.69 on Friday. 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 capitalization of $1.21 billion, a P/E ratio of -14.90 and a beta of 1.39. Piedmont Realty Trust has a 12-month low of $6.32 and a 12-month high of $10.13. The firm has a 50-day moving average price of $9.35 and a two-hundred day moving average price of $8.97.

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 on Thursday, October 1st. The stock was sold at an average price of $8.81, for a total transaction of $39,169.26. Following the completion of the sale, the chief financial officer directly owned 53,857 shares in the company, valued at $474,480.17. This represents a 7.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Piedmont Realty Trust from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. Zacks Research upgraded Piedmont Realty Trust from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 15th. JPMorgan Chase & Co. increased their price target 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. Finally, Robert W. Baird raised their price objective on Piedmont Realty Trust from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Piedmont Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $10.67.

About Piedmont Realty Trust

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.