
Piedmont Realty Trust NYSE: PDM raised its 2026 outlook for a second consecutive quarter after reporting higher leasing activity, rental rates and same-store cash net operating income in the second quarter.
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is the owner, manager, developer, remodeler, and operator of high-quality Class A office properties located primarily in select submarkets within the seven major eastern US office markets. Most of your income is generated at Sunbelt.
| Revenue (TTM) | $569.43M |
| Gross Profit (TTM) | $341.79M |
| EBITDA | $269.19M |
| Operating Margin | 14.30% |
| Return on Equity | -5.34% |
| Return on Assets | 1.19% |
| Revenue/Share (TTM) | $4.57 |
| Book Value | $11.78 |
| Price-to-Book | 0.81 |
| Price-to-Sales (TTM) | 2.06 |
| EV/Revenue | 6.04 |
| EV/EBITDA | 12.23 |
| Quarterly Earnings Growth (YoY) | -70.00% |
| Quarterly Revenue Growth (YoY) | 2.70% |
| Shares Outstanding | $125.13M |
| Float | $123.51M |
| % Insiders | 1.31% |
| % Institutions | 95.97% |
Volatility is currently contracting

Piedmont Realty Trust NYSE: PDM raised its 2026 outlook for a second consecutive quarter after reporting higher leasing activity, rental rates and same-store cash net operating income in the second quarter.

Atlanta, GA, July 28, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the quarter ended June 30, 2026. Please visit the Investor Relations section of Piedmont's website at https://investor.piedmontreit.com to access the Earnings Release and Supplemental Information.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

REITs are poised for 6-7% earnings growth in coming years, outpacing the historical 3-4% average, with multiple sectors showing accelerating fundamentals. Shopping centers, healthcare (notably senior housing), and data centers are standout sectors, benefiting from robust private market demand, supply constraints, and AI-driven tailwinds. Office REITs see improving leasing, especially from AI-related demand, while quality bifurcation widens; overweight positions in BXP and CUZ reflect this thesis.

Atlanta, GA, July 02, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Tuesday, July 28, 2026, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Wednesday, July 29, 2026, at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company's investor relations website. During the conference call, the Company's management team will review second quarter performance, discuss recent events, and conduct a question-and-answer period.

Does Piedmont Realty Trust (PDM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Piedmont Realty Trust, Inc. (PDM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PDM's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

PDM completes 240,000 sq. ft. of leasing since Q2 began, with new tenants driving demand and rental rate growth.
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