Piedmont Realty Trust

PDM

Market cap $1.01B

Atlanta, GA, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Monday, October 27, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, October 28, 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 third quarter performance, discuss recent events, and conduct a question-and-answer period.

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.

As of Sept. 11, 2025, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Piedmont secures more than 500K sq ft of leases in the third quarter to date, with strong tenant demand fueling occupancy and rental income growth.

Atlanta, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Piedmont 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 Bank of America Securities 2025 Global Real Estate Conference in New York. The Company has completed over 500,000 square feet of leasing thus far in the third quarter, with over 400,000 square feet related to new tenants. Approximately 85% of the new tenant leases are for previously vacant space and year-to-date leasing volume now totals over 1.5 million square feet.   Approximately 178,000 square feet of the new tenant leases relate to the Company's out-of-service portfolio which is now over 50% leased.

Piedmont Realty Trust (PDM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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.

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.

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.

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.