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Piedmont Realty Trust, Inc. (PDM) stock

PDMNYSEOpeators of Nonresidential BuildingsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 26, 2026Score 3/3027% below fair value
$9.60+0.09 (+0.95%)

Close on Oct 30, 2026Market cap $1.20BP/E –Yield 1.30%

Earnings

Piedmont Realty Trust's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 10, 2027
Q4 FY2026 · estimated, after the close
Revenue, Q3 FY2026
$151.24M
+8.7% on a year earlier
Core FFO per diluted share, Q3 FY2026
$0.39
$0.35 a year earlier
Latest guidance
Issued
Oct 26, 2026 · 1 item

Quarterly results

Revenue and earnings per share from each of Piedmont Realty Trust's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 10, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Oct 26, 2026after the close$151.24M+8.7%-$0.17$0.39Release
Q2 FY2026ended Jun 30, 2026Jul 28, 2026after the close–––$0.38Release
Q1 FY2026ended Mar 31, 2026Apr 30, 2026after the close$143.29M–-$0.10$0.36Release
Q4 FY2025ended Dec 31, 2025Feb 11, 2026after the close$142.85M-0.3%-$0.35$0.35Release
Q3 FY2025ended Sep 30, 2025Oct 27, 2025after the close$139.16M–-$0.11$0.35Release
Q2 FY2025ended Jun 30, 2025Jul 28, 2025after the close$140.29M-2.1%-$0.14$0.36Release
Q1 FY2025ended Mar 31, 2025Apr 28, 2025after the close––-$0.08$0.36Release
Q4 FY2024ended Dec 31, 2024Feb 13, 2025after the close$143.23M-1.4%-$0.24$0.37Release
Q3 FY2024ended Sep 30, 2024Oct 24, 2024after the close––––Release
Q2 FY2024ended Jun 30, 2024Jul 31, 2024after the close$143.26M+0.1%-$0.08$0.37Release
Q1 FY2024ended Mar 31, 2024Apr 30, 2024after the close$144.54M–-$0.22$0.39Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Piedmont Realty Trust's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Same Store NOI increasenon-GAAPFY2026+5% – +8%–NewJul 28, 2026
Core FFO applicable to common stock per diluted sharenon-GAAPFY2026$1.55 – $1.57–NewOct 26, 2026
NAREIT and Core FFO applicable to common stock per diluted sharenon-GAAPFY2026$1.49 – $1.54$1.47 – $1.53RaisedApr 30, 2026
anticipated year-end leased percentage for the Company's in-service portfolioFY202689.5% – 90.5%–NewJul 28, 2026
Executed leasingFY20261.7 – 2–NewJul 28, 2026
General and administrative expenseFY2026$31.00M – $33.00M$31.00M – $33.00MLoweredJul 28, 2026
Interest expense (net of interest income)FY2026$128.00M – $130.00M$125.00M – $127.00MRaisedJul 28, 2026
NAREIT and Core FFO applicable to common stocknon-GAAPFY2026$189.00M – $196.00M$186.00M – $194.00MRaisedApr 30, 2026
Net lossGAAPFY2026-$45.00M – -$42.00M-$48.00M – -$44.00MRaisedApr 30, 2026
Same Store NOI increaseFY2026+3% – +6%–NewFeb 11, 2026
Same Store NOI increase (accrual basis)FY2026+4% – +7%–ReaffirmedApr 30, 2026
Same Store NOI increase (cash basis)FY2026+4% – +7%–RaisedApr 30, 2026
Weighted average shares outstandingFY2026126 – 127–NewJul 28, 2026
year-end leased percentage for the out of service portfolioFY202685% – 90%–LoweredJul 28, 2026

Guidance vs results

The last range Piedmont Realty Trust gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025Core FFO applicable to common stock per diluted share$1.40 – $1.42$1.42Σ4QWithin range

Guidance history

Every forecast Piedmont Realty Trust put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 26, 2026Core FFO applicable to common stock per diluted shareFY2026$1.55 – $1.57New
Jul 28, 2026Same Store NOI increaseFY2026+5% – +8%New
Jul 28, 2026Weighted average shares outstandingFY2026126 – 127New
Jul 28, 2026Executed leasingFY20261.7 – 2New
Jul 28, 2026anticipated year-end leased percentage for the Company's in-service portfolioFY202689.5% – 90.5%New
Jul 28, 2026year-end leased percentage for the out of service portfolioFY202685% – 90%Lowered
Jul 28, 2026Interest expense (net of interest income)FY2026$128.00M – $130.00MRaised
Jul 28, 2026General and administrative expenseFY2026$31.00M – $33.00MLowered
Apr 30, 2026NAREIT and Core FFO applicable to common stock per diluted shareFY2026$1.49 – $1.54Raised
Apr 30, 2026Same Store NOI increase (cash basis)FY2026+4% – +7%Raised
Apr 30, 2026Same Store NOI increase (accrual basis)FY2026+4% – +7%Reaffirmed
Apr 30, 2026Net lossFY2026-$45.00M – -$42.00MRaised
Apr 30, 2026NAREIT and Core FFO applicable to common stockFY2026$189.00M – $196.00MRaised
Feb 11, 2026NAREIT and Core FFO applicable to common stock per diluted shareFY2026$1.47 – $1.53New
Feb 11, 2026Same Store NOI increaseFY2026+3% – +6%New
Feb 11, 2026Interest expense (net of interest income)FY2026$125.00M – $127.00MNew
Feb 11, 2026General and administrative expenseFY2026$31.00M – $33.00MLowered
Feb 11, 2026Net lossFY2026-$48.00M – -$44.00MNew
Feb 11, 2026NAREIT and Core FFO applicable to common stockFY2026$186.00M – $194.00MNew
Oct 27, 2025Core FFO applicable to common stock per diluted shareFY2025$1.40 – $1.42New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Piedmont Realty Trust filed with the SEC as exhibits to Form 8-K or 6-K

  1. Q3 2026 EARNINGS RELEASE AND SUPPLEMENTAL PACKAGE
    Results
  2. Piedmont Realty Trust Announces Pricing of $200,000,000 Exchangeable Senior Notes Offering
    News
  3. Piedmont Realty Trust Announces Proposed Exchangeable Senior Notes Offering
    News
  4. Q2 2026 EARNINGS RELEASE AND SUPPLEMENTAL PACKAGE
    Results
  5. Q1 2026 EARNINGS RELEASE AND SUPPLEMENTAL PACKAGE
    Results
  6. Q4 2025 EARNINGS RELEASE AND SUPPLEMENTAL PACKAGE
    Results
  7. PIEDMONT REALTY TRUST COMMENCES OFFER TO PURCHASE ANY AND ALL OF ITS OUTSTANDING 9.250% SENIOR NOTES DUE 2028
    Update
  8. Q3 2025 EARNINGS RELEASE AND SUPPLEMENTAL PACKAGE
    Results
  9. FORM OF AMENDED MASTER CONFIRMATION
    News
  10. Earnings Release and Supplemental Information
    Results
  11. PIEDMONT OFFICE REALTY TRUST REBRANDS TO PIEDMONT REALTY TRUST
    Update
  12. Piedmont Office Realty Trust, Inc.
    Results
  13. Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2024 Results
    Results
  14. Piedmont Office Realty Trust, Inc.
    Results
  15. Piedmont Office Realty Trust Reports Third Quarter 2024 Results
    Results