# Piedmont Realty Trust share price today (Piedmont Realty Trust, Inc., PDM)

> Piedmont Realty Trust, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PDM · Real Estate · REIT - Office · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/pdm

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## Key numbers

- Price: $10.07 (+21.9% in a year)
- Revenue (Jun 2026): $144 M (+2.7% on a year ago)
- Profit (Jun 2026): −$11.1 M
- Operating margin: 14.3% (−0.9 points on a year ago)
- ROE: −6%, FY25
- ROIC: 2.1%, against a 6.9% cost of capital: −4.8 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Piedmont Realty Trust share price today? Piedmont Realty Trust, Inc.'s share price was $10.07 at the close on 4 November 2026. That is 16.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $10, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 1 year the share price moved +32% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Piedmont Realty Trust pay? Piedmont Realty Trust, Inc. paid $0.50 per share over the last four reported quarters. The most recent declaration was $0.13 for Mar 2025. At today's price of $10.07 that is a yield of 4.97%, based on dividends already paid, not a forecast. ## Which stock lists is Piedmont Realty Trust on? Piedmont Realty Trust is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Piedmont Realty Trust profitable? Piedmont Realty Trust, Inc. posted a net loss of $11.1 M in the Jun 2026 quarter. The full FY25 year was a loss of $83.6 M. That loss is 7.7% of the quarter's revenue. The same quarter a year earlier lost $16.8 M. 12 of the last 12 reported quarters were loss-making. ## How much revenue does Piedmont Realty Trust make, and is it growing? Piedmont Realty Trust, Inc. reported $144 M of revenue in the Jun 2026 quarter, +2.7% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 1.7% a year on average. The last full year, FY25, came in at $565 M. The last four reported quarters add to $569 M. FY25 revenue was $565 M, −0.9% on the year before. Recent pace: the last four quarters grew +0.7% on average, against 1.7% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +0.7%, against −0.9% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Piedmont Realty Trust keep? Piedmont Realty Trust, Inc.'s operating margin was 14.3% in the Jun 2026 quarter, 0.9 percentage points lower than the same quarter a year ago. Across 5 years it has been between 13.4% and 15.3%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is Piedmont Realty Trust's profit turning into cash? Piedmont Realty Trust, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $141 M of operating cash against −$83.6 M of profit. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Piedmont Realty Trust's cash go? Piedmont Realty Trust, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Piedmont Realty Trust's P/E ratio, and how does it compare with its own history? Piedmont Realty Trust, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Piedmont Realty Trust, Inc. at 2.2× its FY25 revenue of $565 M. The P/E comes back here once profit turns positive. ## Is the Piedmont Realty Trust business getting better or worse? Piedmont Realty Trust, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Piedmont Realty Trust earn on its capital? Piedmont Realty Trust, Inc. earned a ROE of −6% in FY25. Its return on capital used (ROIC) is 4.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −14.8% net margin and 0.14× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −14.8% net margin × 0.14× asset turnover × 2.69× leverage (assets divided by equity) ≈ −5.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 2.1% − 6.9% = −4.8 percentage points. The 6.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Piedmont Realty Trust have too much debt? Piedmont Realty Trust, Inc. has total debt of $2.3 B against shareholder equity of $1.5 B as of Jun 2026, so its debt is 1.53× its equity. Year by year, that ratio went from 1.05 in FY21 to 1.49 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Piedmont Realty Trust shareholding pattern? 8.0% of Piedmont Realty Trust, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Piedmont Realty Trust from balance-sheet trouble? For Piedmont Realty Trust, Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Piedmont Realty Trust rank in its industry? 52.7 out of 100, rank 5 of 17 in REIT - Office, with 55% of the evidence available. Piedmont Realty Trust, Inc. scores 52.7 out of 100 against the 17 companies it is compared with in REIT - Office, ranking 5. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 15.4 + 8.6 + 9.8 + 18.9 = 52.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Piedmont Realty Trust compared with? Piedmont Realty Trust ranks 5 of 17 REIT - Office companies on the 4-Factor Sector Score, with 52.7 out of 100. 1. [Highwoods Properties, Inc.](https://www.sectoralpha.in/us/stocks/hiw) HIW · turning · Evidence leans up · 76% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Income 2.9% · Profit 32.8% · 71% evidence Capital efficiency 16.2/25 · ROA 2.1% · ROE 5.3% · GNPA n/a · 68% evidence Valuation 8.2/20 · P/BV 1.25× · P/BV÷ROE 0.24 · 70% evidence Relative strength 18.8/20 · Lead over its industry 13.8% · Lead over S&P 500 10.4% · 1 year 9.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 18.4 + 16.2 + 8.2 + 18.8 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Postal Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/pstl) PSTL · quiet · Evidence leans up · 76% evidence 59.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.6/35 · Income 23.3% · Profit 55.6% · 71% evidence Capital efficiency 16.3/25 · ROA 2.9% · ROE 5.3% · GNPA n/a · 68% evidence Valuation 5.5/20 · P/BV 1.63× · P/BV÷ROE 0.31 · 70% evidence Relative strength 9.8/20 · Lead over its industry 2.9% · Lead over S&P 500 0.4% · 1 year 42% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.6 + 16.3 + 5.5 + 9.8 = 59.2 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 3. [Cousins Properties Incorporated](https://www.sectoralpha.in/us/stocks/cuz) CUZ · turning · Evidence leans up · 64% evidence 54.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.6/35 · Income 11.7% · Profit -88.5% · 71% evidence Capital efficiency 12.6/25 · ROA 1.6% · ROE -2.1% · GNPA n/a · 68% evidence Valuation 9.6/20 · P/BV 1.1× · P/BV÷ROE n/a · 10% evidence Relative strength 16.8/20 · Lead over its industry 9.5% · Lead over S&P 500 6.4% · 1 year 15.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 15.6 + 12.6 + 9.6 + 16.8 = 54.6 · What this means: Relative strength against the index is 6.4%, and revenue and profit growth are weak. 4. [BXP, Inc.](https://www.sectoralpha.in/us/stocks/bxp) BXP · basing · Evidence leans up · 76% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Income -6.5% · Profit 100% · 71% evidence Capital efficiency 16.7/25 · ROA 2.2% · ROE 6.9% · GNPA n/a · 68% evidence Valuation 8.1/20 · P/BV 1.37× · P/BV÷ROE 0.2 · 70% evidence Relative strength 9.5/20 · Lead over its industry 0.4% · Lead over S&P 500 -2.7% · 1 year -8.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 19 + 16.7 + 8.1 + 9.5 = 53.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Piedmont Realty Trust, Inc. this page PDM · turning · Too little evidence to rank firmly · 55% evidence 52.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.4/35 · Income 0.7% · Profit n/a · 45% evidence Capital efficiency 8.6/25 · ROA 1.2% · ROE -3.5% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 0.78× · P/BV÷ROE n/a · 10% evidence Relative strength 18.9/20 · Lead over its industry 13.4% · Lead over S&P 500 10.1% · 1 year 21.9% · 100% evidence · 4 of 12 weeks ahead Exact sum: 15.4 + 8.6 + 9.8 + 18.9 = 52.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Brandywine Realty Trust](https://www.sectoralpha.in/us/stocks/bdn) BDN · turning · Too little evidence to rank firmly · 57% evidence 52.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.5/35 · Income 13.6% · Profit n/a · 52% evidence Capital efficiency 5.3/25 · ROA 0.7% · ROE -17.6% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 0.75× · P/BV÷ROE n/a · 10% evidence Relative strength 13.7/20 · Lead over its industry 1.8% · Lead over S&P 500 -1.2% · 1 year -5.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.5 + 5.3 + 9.8 + 13.7 = 52.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [COPT Defense Properties](https://www.sectoralpha.in/us/stocks/cdp) CDP · quiet · Evidence leans up · 76% evidence 51.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Income 5.1% · Profit 15.4% · 71% evidence Capital efficiency 19.0/25 · ROA 3.3% · ROE 10.1% · GNPA n/a · 68% evidence Valuation 6.8/20 · P/BV 2.56× · P/BV÷ROE 0.25 · 70% evidence Relative strength 5.0/20 · Lead over its industry -2.7% · Lead over S&P 500 -5.3% · 1 year 14.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 20.3 + 19 + 6.8 + 5 = 51.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [SL Green Realty Corp.](https://www.sectoralpha.in/us/stocks/slg) SLG · quiet · Evidence leans down · 68% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Income 60.3% · Profit -508% · 81% evidence Capital efficiency 9.3/25 · ROA 1.1% · ROE -1% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 0.78× · P/BV÷ROE n/a · 10% evidence Relative strength 15.4/20 · Lead over its industry 11.2% · Lead over S&P 500 7.9% · 1 year 3% · 100% evidence · 3 of 12 weeks ahead Exact sum: 13.7 + 9.3 + 9.8 + 15.4 = 48.2 · What this means: Relative strength against the index is 7.9%, and revenue and profit growth are weak. 9. Net Lease Office Properties NLOP · quiet · Evidence leans down · 67% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Income -45.6% · Profit n/a · 45% evidence Capital efficiency 15.8/25 · ROA 1.4% · ROE 42.5% · GNPA n/a · 68% evidence Valuation 15.8/20 · P/BV 0.98× · P/BV÷ROE 0.02 · 70% evidence Relative strength 3.7/20 · Lead over its industry -42.1% · Lead over S&P 500 -44.4% · 1 year -69.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.9 + 15.8 + 15.8 + 3.7 = 48.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Alexandria Real Estate Equities, Inc.](https://www.sectoralpha.in/us/stocks/are) ARE · basing · Evidence leans down · 67% evidence 46.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Income -8.4% · Profit n/a · 45% evidence Capital efficiency 10.4/25 · ROA 0.8% · ROE 8.3% · GNPA n/a · 68% evidence Valuation 16.1/20 · P/BV 0.48× · P/BV÷ROE 0.06 · 70% evidence Relative strength 6.4/20 · Lead over its industry -10.6% · Lead over S&P 500 -13.2% · 1 year -17.3% · 100% evidence · 1 of 12 weeks ahead Exact sum: 14 + 10.4 + 16.1 + 6.4 = 46.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 11. [Kilroy Realty Corporation](https://www.sectoralpha.in/us/stocks/krc) KRC · turning · Evidence leans down · 80% evidence 40.9 out of 100 Growth Capital Valuation Relative
12. [Easterly Government Properties, Inc.](https://www.sectoralpha.in/us/stocks/dea) DEA · basing · Evidence leans down · 76% evidence 40.4 out of 100 Growth Capital Valuation Relative
13. [Empire State Realty OP, L.P.](https://www.sectoralpha.in/us/stocks/esba) ESBA · turning · Evidence leans down · 76% evidence 39.8 out of 100 Growth Capital Valuation Relative
14. [Douglas Emmett, Inc.](https://www.sectoralpha.in/us/stocks/dei) DEI · basing · Too little evidence to rank firmly · 55% evidence 39.2 out of 100 Growth Capital Valuation Relative
15. [Vornado Realty Trust](https://www.sectoralpha.in/us/stocks/vno) VNO · basing · Evidence leans down · 64% evidence 38.5 out of 100 Growth Capital Valuation Relative
16. [Hudson Pacific Properties, Inc.](https://www.sectoralpha.in/us/stocks/hpp) HPP · quiet · Too little evidence to rank firmly · 55% evidence 36.8 out of 100 Growth Capital Valuation Relative
17. Orion Properties Inc. ONL · basing · Too little evidence to rank firmly · 55% evidence 34.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [REIT - Office](https://www.sectoralpha.in/us/sectors/reit-office), all 17 compared on one page. ## Which companies are close to Piedmont Realty Trust in size? Piedmont Realty Trust is the 11th largest of 15 REIT - Office companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Highwoods Properties, Inc., Douglas Emmett, Inc. and Empire State Realty OP, L.P. Just below it: Easterly Government Properties, Inc., Postal Realty Trust, Inc. and Hudson Pacific Properties, Inc. ### REIT - Office companies close in size

1. [Highwoods Properties, Inc.](https://www.sectoralpha.in/us/stocks/hiw) $3.6 billion
2. [Douglas Emmett, Inc.](https://www.sectoralpha.in/us/stocks/dei) $2.2 billion
3. [Empire State Realty OP, L.P.](https://www.sectoralpha.in/us/stocks/esba) $1.4 billion
4. Piedmont Realty Trust, Inc. $1.2 billion
5. [Easterly Government Properties, Inc.](https://www.sectoralpha.in/us/stocks/dea) $1.2 billion
6. [Postal Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/pstl) $913 million
7. [Hudson Pacific Properties, Inc.](https://www.sectoralpha.in/us/stocks/hpp) $585 million

[All 15 REIT - Office companies, largest first](https://www.sectoralpha.in/us/sectors/reit-office#all-companies)

### Companies close in size in other industries

1. [Leggett & Platt, Incorporated](https://www.sectoralpha.in/us/stocks/leg) $1.3 billion · Furnishings, Fixtures & Appliances
2. [Trump Media & Technology Group Corp.](https://www.sectoralpha.in/us/stocks/djt) $1.2 billion · Internet Content & Information
3. Piedmont Realty Trust, Inc. $1.2 billion
4. [Old Second Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/osbc) $1.2 billion · Banks - Regional
5. [PROCEPT BioRobotics Corporation](https://www.sectoralpha.in/us/stocks/prct) $1.2 billion · Medical Devices

## What else do people ask about Piedmont Realty Trust? ### What were Piedmont Realty Trust's latest quarterly results? Piedmont Realty Trust, Inc. reported revenue of $144 M and a net loss of $11.1 M for the Jun 2026 quarter. Earnings per share were −$0.09. The operating margin was 14.3%, 0.9 percentage points lower than a year earlier (as of 4 November 2026). ### What is Piedmont Realty Trust's market cap? Piedmont Realty Trust, Inc.'s market capitalisation is $1.2 B at a stock price of $10.07. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Piedmont Realty Trust performing? Piedmont Realty Trust, Inc.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 4 November 2026). ### Will Piedmont Realty Trust's stock price go up? This page does not forecast Piedmont Realty Trust, Inc.'s stock price. What it shows instead: the stock price is $10.07. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026). ### Does Piedmont Realty Trust have too much debt? Yes, Piedmont Realty Trust, Inc. has a lot of debt: its debt is 1.62× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026). ### Where is Piedmont Realty Trust in its business cycle? Piedmont Realty Trust, Inc.'s FY25 operating margin was 14.1%, against a 5-year range of 13.4% to 15.3%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Piedmont Realty Trust story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Piedmont Realty Trust a stock worth studying right now? What the numbers show: Piedmont Realty Trust, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). This is research, not advice. We’re not SEBI-registered.