Piedmont Realty Trust (PDM) Projected to Release Earnings on Tuesday

Piedmont Realty Trust (NYSE:PDM) is projected to release its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of ($0.0304) per share and revenue of $129.0230 million for the quarter. Piedmont Realty Trust has set its FY 2026 guidance at 1.490-1.540 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 9:00 AM ET.

Piedmont Realty Trust (NYSE:PDM) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.07). Piedmont Realty Trust had a negative net margin of 15.28% and a negative return on equity of 5.70%. The company had revenue of $143.29 million during the quarter, compared to analyst estimates of $128.67 million. On average, analysts expect Piedmont Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Piedmont Realty Trust Trading Down 0.2%

PDM opened at $9.78 on Monday. Piedmont Realty Trust has a 12 month low of $6.32 and a 12 month high of $9.99. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -13.96 and a beta of 1.36. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.45 and a quick ratio of 1.45. The business has a fifty day moving average price of $9.03 and a 200 day moving average price of $8.21.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PDM shares. Wall Street Zen upgraded Piedmont Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Truist Financial restated a “buy” rating and set a $11.00 target price (up from $10.00) on shares of Piedmont Realty Trust in a research note on Monday, June 15th. Finally, Weiss Ratings upgraded shares of Piedmont Realty Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.00.

Hedge Funds Weigh In On Piedmont Realty Trust

Several large investors have recently bought and sold shares of PDM. Advisory Services Network LLC purchased a new stake in Piedmont Realty Trust during the 3rd quarter worth about $30,000. Kestra Advisory Services LLC purchased a new position in shares of Piedmont Realty Trust in the 4th quarter valued at about $30,000. EverSource Wealth Advisors LLC increased its holdings in shares of Piedmont Realty Trust by 214.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,405 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 3,005 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its holdings in shares of Piedmont Realty Trust by 26.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,854 shares of the real estate investment trust’s stock valued at $82,000 after acquiring an additional 2,058 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Piedmont Realty Trust by 59.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 10,741 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 4,015 shares in the last quarter. Hedge funds and other institutional investors 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.