Piedmont Office Realty Trust, Inc. (PDM) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Piedmont Office Realty Trust, Inc. Do?
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified. Piedmont Office Realty Trust, Inc. (PDM) is classified as a small-cap stock in the Real Estate sector. The company is led by CEO C. Brent Smith and employs approximately 150 people, headquartered in JOHNS CREEK, Georgia. With a market capitalization of $809M, PDM is one of the notable companies in the Real Estate sector.
Piedmont Office Realty Trust, Inc. (PDM) Stock Rating — Reduce (April 2026)
As of April 2026, Piedmont Office Realty Trust, Inc. receives a Reduce rating with a composite score of 42.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.PDM ranks #2,527 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, Piedmont Office Realty Trust, Inc. ranks #31 of 57 stocks, placing it in the lower half of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
PDM Stock Price and 52-Week Range
Piedmont Office Realty Trust, Inc. (PDM) currently trades at $7.12. The stock gained $0.38 (5.6%) in the most recent trading session. The 52-week high for PDM is $9.19, which means the stock is currently trading -22.5% from its annual peak. The 52-week low is $5.46, putting the stock 30.4% above its annual trough. Recent trading volume was 1.4M shares, reflecting moderate market activity.
Is PDM Overvalued or Undervalued? — Valuation Analysis
Piedmont Office Realty Trust, Inc. (PDM) carries a value factor score of 45/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The price-to-book ratio stands at 0.55x, versus the sector average of 1.18x. The price-to-sales ratio is 1.47x, compared to 0.80x for the average Real Estate stock. On an enterprise value basis, PDM trades at 38.36x EV/EBITDA, versus 8.62x for the sector.
Overall, PDM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Piedmont Office Realty Trust, Inc. Profitability — ROE, Margins, and Quality Score
Piedmont Office Realty Trust, Inc. (PDM) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -3.5%, compared to the Real Estate sector average of 1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -1.3% versus the sector average of 0.8%.
On a margin basis, Piedmont Office Realty Trust, Inc. reports gross margins of 59.6%, compared to 26.0% for the sector. The operating margin is 14.1% (sector: 3.7%). Net profit margin stands at -9.3%, versus 1.8% for the average Real Estate stock. Revenue growth is running at -2.9% on a trailing basis, compared to 6.1% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
PDM Debt, Balance Sheet, and Financial Health
Piedmont Office Realty Trust, Inc. has a debt-to-equity ratio of 149.0%, compared to the Real Estate sector average of 60.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.59x, suggesting adequate working capital coverage. Total debt on the balance sheet is $2.22B. Cash and equivalents stand at $3M.
PDM has a beta of 0.94, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Piedmont Office Realty Trust, Inc. is 65/100, reflecting average volatility within the normal range for its sector.
Piedmont Office Realty Trust, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Piedmont Office Realty Trust, Inc. reported revenue of $561M and earnings per share (EPS) of $-0.67. Net income for the quarter was $-52M. Gross margin was 59.6%. Operating income came in at $79M.
In FY 2025, Piedmont Office Realty Trust, Inc. reported revenue of $565M and earnings per share (EPS) of $-0.67. Net income for the quarter was $-84M. Gross margin was 59.7%. Revenue grew -0.9% year-over-year compared to FY 2024. Operating income came in at $79M.
In Q3 2025, Piedmont Office Realty Trust, Inc. reported revenue of $139M and earnings per share (EPS) of $-0.11. Net income for the quarter was $-13M. Gross margin was 59.8%. Revenue grew -0.1% year-over-year compared to Q3 2024. Operating income came in at $18M.
In Q2 2025, Piedmont Office Realty Trust, Inc. reported revenue of $140M and earnings per share (EPS) of $-0.14. Net income for the quarter was $-17M. Gross margin was 60.4%. Revenue grew -2.1% year-over-year compared to Q2 2024. Operating income came in at $21M.
Over the past 8 quarters, Piedmont Office Realty Trust, Inc. has demonstrated a growth trajectory, with revenue expanding from $143M to $561M. Investors analyzing PDM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
PDM Dividend Yield and Income Analysis
Piedmont Office Realty Trust, Inc. (PDM) currently pays a dividend yield of 5.6%. At this yield, a $10,000 investment in PDM stock would generate approximately $$556.00 in annual dividend income.
PDM Momentum and Technical Analysis Profile
Piedmont Office Realty Trust, Inc. (PDM) has a momentum factor score of 34/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 35/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 62/100 reflects moderate short selling activity.
PDM vs Competitors — Real Estate Sector Ranking and Peer Comparison
Within the Real Estate sector, Piedmont Office Realty Trust, Inc. (PDM) ranks #31 out of 57 stocks based on the Blank Capital composite score. This places PDM in the lower half of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.
Comparing PDM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PDM vs S&P 500 (SPY) comparison to assess how Piedmont Office Realty Trust, Inc. stacks up against the broader market across all factor dimensions.
PDM Next Earnings Date
No upcoming earnings date has been announced for Piedmont Office Realty Trust, Inc. (PDM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy PDM? — Investment Thesis Summary
The quantitative profile for Piedmont Office Realty Trust, Inc. suggests caution. The quality score of 37/100 flags below-average profitability. Momentum is weak at 34/100, a headwind for near-term performance. Low volatility (stability score 65/100) reduces downside risk.
In summary, Piedmont Office Realty Trust, Inc. (PDM) earns a Reduce rating with a composite score of 42.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PDM stock.
Related Resources for PDM Investors
Explore more research and tools: PDM vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PDM head-to-head with peers: PDM vs UE, PDM vs KW, PDM vs AXR.