Piedmont Realty Trust (PDM) Stock Analysis & Forecast

Oct 12 close

$9.09+0.06 (+0.7%)

Gekko Brief

AI summaryOct 12 close

Piedmont Realty Trust reported second-quarter 2026 revenue of $144.12 million, surpassing estimates, despite a quarterly loss of $0.09 per share. Analysts maintain a "Hold" consensus, with an average target price cited at $10.67 in that coverage, framed as indicating potential upside. Separately, the company confirmed it will release third quarter 2026 financial results on 26 October 2026, after the close of trading.

PDM closed at $9.09, up 0.7%, sitting between its 50-day average of $9.40 and 200-day average of $8.55. Shorter-term returns show a 1-month decline of 5% and a 3-month decline of 4.8%, while the 6-month return stands at 25.9% and the 1-year return at 9.3%. The GekkoIndex reads 59.5, placing the stock in the Neutral zone, down 3.4 over the past five readings. Gekko Fair Value is set at $9.10, putting the current price 0.1% below that level.

The next earnings date falls on 26 October 2026, before the open, 14 days away and within a typical 20-trading-day holding window; the last reaction to results was a decline of 10.7%, against an average absolute reaction of 4.6% across prior quarters, with 2 beats out of 8 quarters. Analyst coverage from 3 firms shows 1 buy and 2 hold ratings, with a consensus target of $10.75 and consensus upside of 18.3%. Seasonally, the next 20 trading days have averaged a 5.9% return over 5 years, rising in 5 of them.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Piedmont Realty Trust price vs fair value

$9.10$9.09Oct ’25Apr ’26Oct ’26
Close $9.09200-day averageGekko Fair Value $9.10

Piedmont Realty Trust quick facts

Market cap
$1.14B
P/E ratio
—
Forward P/E
75.2
EPS, TTM
−$0.65
Revenue, TTM
$569.4M
Profit margin
-14.2%
Dividend yield
—
Beta
1.38
Volume
550,568 avg 2.08M
1-year return
+9.3%
Typical daily move
±2.4%
Typical 20-day move
±6.5%
50-day average
$9.40
200-day average
$8.55
Next earnings
Oct 26 before open
Shares outstanding
125.1M
52-week range
$6.32$10.13

Piedmont Realty Trust swing-trade checklist

Piedmont Realty Trust scores 1 supportive, 3 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive3 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $9.09 sits between the 50-day ($9.40) and 200-day ($8.55) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    59.5, Neutral

    Reading 59.5 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    0.1% below

    Price is within 5% of Gekko Fair Value (0.1% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 14 days

    Reports on Oct 26, 2026, 14 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +5.9% on average

    From this point in the calendar, the next 20 trading days averaged +5.9% over 5 years, rising in 5 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Piedmont Realty Trust stock chart and price history

Piedmont Realty Trust closed at $9.09 on Oct 12, 2026, +9.3% over the past year, inside a 52-week range of $6.32 to $10.13.

Close50-day average200-day averageVolume
Piedmont Realty Trust share price, past year, with 50-day and 200-day moving averages and volume$7$8$10NovDecJan 2026FebMarAprMayJunJulAugSepOct9.09

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−5.0%
3 months
−4.8%
6 months
+25.9%
1 year
+9.3%
The full PDM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PDM in Gekko

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About Piedmont Realty Trust

Piedmont Realty Trust focuses on premium office buildings, acquiring, developing, and managing Class A properties for tenants seeking quality workspace. The company concentrates its holdings in select sub-markets across seven major office markets along the Eastern United States, with properties in the Sunbelt generating the largest share of its income. Its portfolio spans about 17 million square feet of space, with an estimated value near $5 billion.

The business operates as a self-managed, fully integrated real estate investment trust, meaning it handles its own property operations rather than relying on outside managers. Local teams oversee assets within each market where Piedmont operates. The company carries investment-grade credit ratings, rated BBB by S&P Global Ratings and Baa2 by Moody's. A notable share of its buildings carry environmental certifications, with roughly 63 percent holding ENERGY STAR status and about 41 percent certified under LEED standards as of the most recent quarter reported.

Piedmont Realty Trust's shares are listed on the NYSE under the ticker PDM.

Sector
Finance
Website
piedmontreit.com

Piedmont Realty Trust GekkoIndex: the smart money zone

Piedmont Realty Trust’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 59.5, in the Neutral zone, down 3.4 points over five sessions.

010059.5Neutral

Down 3.4 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying20+2.5%+3.6%+4.5%+0.1%
Accumulation207−0.1%−1.3%−1.4%−1.0%
Neutral (current zone)374+0.5%+1.6%+2.7%+6.6%
Distribution34−0.4%+0.8%+2.1%+4.2%
Selling0Not available

Average PDM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the PDM price, zone by zone.Track PDM in Gekko

Is Piedmont Realty Trust stock overvalued? Gekko Fair Value

Piedmont Realty Trust trades 0.1% below Gekko Fair Value of $9.10, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Piedmont Realty Trust shares are worth, recalculated every trading day.

$9.10

Gekko Fair Value, Oct 10, 2026

0.1% below fair value · About fair value

At the end of Aug 2026 the price was 5.9% below the estimate.

Gekko Fair ValueShare price, month end
$9$9Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PDM in Gekko

Piedmont Realty Trust insider and Congress trading

No open-market insider purchases were filed for Piedmont Realty Trust, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PDM in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PDM insider filing, plotted on the chart in Gekko.Open PDM in Gekko

Congress trades last 90 days

No trades in PDM were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PDM, plotted on the chart in Gekko.Open PDM in Gekko

Buybacks

Piedmont Realty Trust has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$301K
As a share of market cap
0.03%

From company filings.

Piedmont Realty Trust earnings: next date and track record

Piedmont Realty Trust reports on Oct 26, 2026, before the open (14 days away), and beat the EPS estimate in 2 of its last 8 reports.

2 of 8reports beat the EPS estimate
±4.6%average move across the report
1 of 8reports followed by a gain

Share-price move across each report

−2.9%Apr ’24−0.3%Jul ’24−3.5%Oct ’24−0.2%Feb ’25−15.4%Apr ’25+3.9%Jul ’250.0%Oct ’25−10.7%Feb ’26

Last earnings call, Feb 11, 2026 AI summary

What they said
Piedmont Office Realty Trust (Piedmont) reported fourth quarter and full-year 2025 results, highlighting strong leasing momentum across its portfolio, a modest decline in Core FFO for 2025 versus 2024, and proactive balance sheet management. Management emphasized a shift in the national office market with rising attendance and demand for best-in-class assets, noting 28 full-floor large transactions in 2025 and broadening geographic absorption. Financially, Core FFO per diluted share declined to $0.35 (from $0.37 in 2024) due to property sales and higher net interest expense, while AFFO was approximately $18.7 million. The company completed notable refinancing in Q4 (issued $400M of new bonds, repurchased ~$245M of 9.25% 2028 bonds), increased revolver capacity to ~$550M, and expects refinancing to be a tailwind to FFO per share. Management introduced 2026 Core FFO guidance of $1.47 to $1.53 per diluted share (midpoint +$0.08 vs. 2025). On transactions, land sales under contract could generate ~$30M gross proceeds with uncertain timing due to rezoning; disposition activity was limited in 2025 but expected to pick up in 2026 with certain noncore assets targeted (e.g., Houston, potential monetization tied to New York City lease outcome). In Q&A, management reiterated confidence in leasing and forward rent growth (significant mark-to-market opportunity, particularly in Sunbelt markets), retention expectations (~60-65% for certain expiries), and leasing occupancy guidance of 89.5%-90.5% for 2026 with upside potential to 91-92% over time. Management acknowledged pockets of market weakness (Washington DC, some Boston assets) and uncertainty around timing of land sales and select dispositions.
Guidance
2026 annual Core FFO guidance: $1.47 to $1.53 per diluted share (midpoint up $0.08 vs. 2025). Leasing occupancy guidance for 2026: 89.5% to 90.5% leased (management believes portfolio could reach 91-92% over time).
Risks flagged
Risks noted or implied on the call include: uncertainty in timing of land parcel rezoning and closings; limited demand/weak receptivity for certain assets (e.g., a DC building); continued market headwinds in specific submarkets (Washington DC, certain Boston assets); potential variability in refinancing rates despite an expected forward curve tailwind; forward-looking statements subject to risks and uncertainties (as noted in SEC filings).
ReportedEPSSurpriseRevenueSurpriseMove
Feb 11, 2026$0.35
est $0.35
0.0%$112.0M
est $139.6M
−19.7%−10.7%
Oct 22, 2025−$0.11
est −$0.02
−340.0%$139.2M
est $139.4M
−0.2%0.0%
Jul 28, 2025$0.36
est $0.35
+2.9%$140.3M
est $141.9M
−1.1%+3.9%
Apr 28, 2025$0.36
est $0.35
+2.9%$142.7M
est $141.4M
+0.9%−15.4%
Feb 5, 2025−$0.24
est −$0.03
−684.3%——−0.2%
Oct 24, 2024−$0.09
est −$0.05
−80.0%$139.3M
est $145.4M
−4.2%−3.5%
Jul 31, 2024−$0.08
est −$0.05
−60.0%$143.3M
est $141.3M
+1.4%−0.3%
Apr 30, 2024−$0.22
est −$0.09
−144.4%$144.5M
est $143.2M
+0.9%−2.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Piedmont Realty Trust stock forecast and analyst price targets

Analysts’ average 12-month price target for Piedmont Realty Trust is $10.75, +18.3% from the last close, from 3 firms rating the stock in the last 90 days.

$10.75consensus 12-month target, +18.3% from the last close
Buy1
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 3 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 9J.P. MorganHold, maintained$11+21.0%
Aug 25Truist FinancialBuy, maintained$11+21.0%
Jul 29Truist FinancialBuy, maintained——
Jul 27Freedom Capital MarketsHold, initiated$11+21.0%
+2.7%average 20-day move after past Neutral readings
+5.9%average move over the next 20 trading days in the last 5 years
±2.4%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Piedmont Realty Trust seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Piedmont Realty Trust averaged +5.9% across the last 5 years, rising in 5 of them.

Next 20 trading days, by year

+2.7%2021+7.4%2022+12.2%2023+3.9%2024+3.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+4.3%5 of 5
Next 10 trading days+3.4%4 of 5
Next 15 trading days+1.9%3 of 5
Next 20 trading days+5.9%5 of 5
Next 30 trading days+4.5%4 of 5

For scale, PDM’s typical 20-trading-day move in either direction is about 6.5%.

Piedmont Realty Trust market cap and key statistics

Piedmont Realty Trust’s market cap is $1.14B and revenue of $569.4M over the last twelve months.

Valuation

Market cap
$1.14B
Forward P/E
75.2
EPS, TTM
−$0.65
Gekko Fair Value
$9.10

Trading

Volume
550,568
Avg volume, 20 days
2.08M
52-week high
$10.13
52-week low
$6.32
Shares outstanding
125.1M

Financials

Revenue, TTM
$569.4M
Profit margin
-14.2%
Return on equity
-5.3%
Quarterly earnings growth, YoY
−70.0%

Risk and income

Beta
1.38
Typical daily move
±2.4%
Typical 20-day move
±6.5%

Piedmont Realty Trust stock news this week

2 headlines about Piedmont Realty Trust from the past week, newest first, each linking to the publisher.

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Piedmont Realty Trust stock FAQ

What is Piedmont Realty Trust’s market cap?

Piedmont Realty Trust’s market cap is $1.14B at the Oct 12, 2026 close of $9.09, with 125.1M shares outstanding.

What is the Piedmont Realty Trust stock forecast?

The consensus analyst 12-month price target for Piedmont Realty Trust is $10.75, +18.3% from the last close. Of the 3 firms that rated the stock in the last 90 days, 1 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Piedmont Realty Trust stock overvalued or undervalued?

On Gekko’s estimate Piedmont Realty Trust is about fair value: the Oct 12, 2026 close of $9.09 is 0.1% below Gekko Fair Value of $9.10. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Piedmont Realty Trust report earnings next?

Piedmont Realty Trust is expected to report on Oct 26, 2026, before the market opens (14 days away). Analysts expect earnings of −$0.05 per share on revenue of $146.7M. Piedmont Realty Trust beat the earnings estimate in 2 of its last 8 reports, moving 4.6% on average across the report.

What is Piedmont Realty Trust’s 52-week high and low?

Piedmont Realty Trust’s 52-week high is $10.13 and its 52-week low is $6.32; it closed at $9.09 on Oct 12, 2026, +9.3% over the past year. Over the last five years the shares peaked at $19.84 on Jan 7, 2022.

Is Piedmont Realty Trust stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 5 items with data read as supportive (seasonality), 3 as mixed (trend, gekkoindex and fair value) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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