PDM
Piedmont Realty Trust, Inc.PDM
PDM
About: Piedmont Realty Trust Inc is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of 16 MM SF of Class A properties across major U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into Piedmont PLACEs that enhance each client's workplace experience.
Employees: 150
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
41% more call options, than puts
Call options by funds: $114K | Put options by funds: $81K
3% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 29
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 4 (+0) [Q1 2025]
1% less funds holding
Funds holding: 252 [Q4 2024] → 250 (-2) [Q1 2025]
2.2% less ownership
Funds ownership: 87.8% [Q4 2024] → 85.6% (-2.2%) [Q1 2025]
21% less capital invested
Capital invested by funds: $996M [Q4 2024] → $790M (-$206M) [Q1 2025]
21% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 96
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
3%
upside
Avg. target
$8.50
9%
upside
High target
$9
15%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
JP Morgan Anthony Paolone | 3%upside $8 | Neutral Maintained | 13 Jun 2025 |
Truist Securities Michael Lewis | 15%upside $9 | Buy Maintained | 20 May 2025 |
Financial journalist opinion
Based on 5 articles about PDM published over the past 30 days
Positive
Seeking Alpha
4 hours ago
Piedmont Realty Trust: The Investment Thesis Is Playing Out Nicely
With one of the lowest P/FFO multiples in the sector, this REIT trades as if it's in terminal decline — but the numbers tell a different story. Leasing momentum is setting the stage for cash flow growth from both ends: cash outflows are declining as CapEx normalizes, while rent collections are poised to accelerate. The dividend is gone for now, but with capital being deployed strategically and AFFO set to rebound, my price target is $14.50.
Neutral
Seeking Alpha
14 hours ago
Piedmont Realty Trust, Inc. (PDM) Q2 2025 Earnings Call Transcript
Piedmont Realty Trust, Inc. (NYSE:PDM ) Q2 2025 Earnings Conference Call July 29, 2025 9:00 AM ET Company Participants Christopher A. Kollme - Executive Vice President of Investments & Strategy Christopher Brent Smith - President, CEO & Director George M.
Positive
Zacks Investment Research
1 day ago
Piedmont Realty Trust (PDM) Q2 FFO Top Estimates
Piedmont Realty Trust (PDM) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to FFO of $0.37 per share a year ago.
Neutral
GlobeNewsWire
1 day ago
Piedmont Realty Trust, Inc. Releases Second Quarter 2025 Results
Atlanta, GA, July 28, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the second quarter of 2025. Please visit the Investor Relations section of Piedmont's website at https://investor.piedmontreit.com to access the Earnings Release and Supplemental Information.
Neutral
GlobeNewsWire
3 weeks ago
Piedmont Realty Trust, Inc. to Report Second Quarter 2025 Financial Results
Atlanta, July 07, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Monday, July 28, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, July 29, 2025, 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.
Neutral
GlobeNewsWire
1 month ago
Piedmont Office Realty Trust Rebrands to Piedmont Realty Trust
Atlanta, June 09, 2025 (GLOBE NEWSWIRE) -- --Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the launch of its new brand identity including a name change to Piedmont Realty Trust, Inc. The rebrand was undertaken to better reflect the company's focus on Piedmont PLACEs which are designed to elevate the workday and reflect a higher standard of service for our clients.
Positive
Seeking Alpha
1 month ago
A Slow Slowdown
US equity markets rallied to their highest levels since February after a critical slate of employment data showed lukewarm labor market conditions in May, with only minimal tariff-related impacts. Benchmark interest rates jumped to near-four-month highs as hotter-than-expected wage growth metrics fueled doubts on the prospects for meaningful Federal Reserve easing this year. Meanwhile, investors weighed questions about the fate of the "Big Beautiful Bill" amid fierce challenges from Elon Musk, alongside signs of thawing in the tariff stalemate with China.
Positive
Seeking Alpha
1 month ago
Piedmont Office Realty Trust: Improved 2025 Leasing Guidance Reinforces My Strong Buy
Piedmont Office Realty Trust is deeply undervalued, with a forward P/FFO of 4.8x and a 21% FFO yield, presenting a compelling opportunity. The company is rapidly leasing vacant spaces, raising full-year guidance by 29%, and locking in positive cash rent increases, signaling strong asset desirability. Dividend elimination was a strategic move to fund growth at a rapid pace, setting up for potential dividend reinstatement in 2026 at an attractive yield + 11% yield.
Neutral
GlobeNewsWire
1 month ago
Piedmont REIT Signs over 500,000 SF of Leases Second Quarter-to-Date and Raises Full Year Leasing Guidance from 1.4 - 1.6 million SF to 1.8 - 2.0 million SF
Atlanta, June 02, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company is participating in this week's Nareit REITWeek Investor Conference in New York City. The Company has completed over 500,000 square feet of leasing thus far in the second quarter, with 350,000 square feet related to new tenants.
Negative
Seeking Alpha
2 months ago
The State Of REITs: May 2025 Edition
The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger average losses than mid-caps (-5.45%) and large-caps (-2.93%). 84.62% of REIT securities had a negative total return in April.
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