Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
Est. EPS $-0.06 · Revenue $146.41M · 1 analysts
Est. EPS $-0.10
Est. EPS $0.00 · Revenue $150.09M · 1 analysts
Est. EPS $-0.21 · Revenue $583.64M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $565.0M | -0.9% | +0.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-83.6M | -5.7% | +14.1% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | -20.7% | -135.1% | +539.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +14.1% | +8.0% | +305.2% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -14.8% | -6.7% | +14.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-16.7M | -19.1% | +402.7% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -3.0% | -20.3% | +400.9% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 152.1% | -3.7% | +0.3% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.00x | +73.3% | +0.8% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $4.0B | -2.0% | +0.3% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.67 vs -0.37 | -81.1% | -0.09 vs -0.06 | -56.0% |
| Revenue Surprise | $565.0M vs $561.5M | +0.6% | $144.1M vs $146.4M | -1.6% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| May 12, 2026 | Lewis Stephen E | director | Common Stock | A | 15,217 | — |
| May 12, 2026 | Lewis Stephen E | director | Restricted Stock Units | A | 12,883 | — |
| May 12, 2026 | Lewis Stephen E | director | Restricted Stock Units | D | 15,217 | — |
| May 12, 2026 | Lang Barbara B | director | Common Stock | A | 15,217 | — |
| May 12, 2026 | Lang Barbara B | director | Common Stock | D | 4,566 | $8.15 |
Operator: Good day, everyone. Welcome to Piedmont Realty Trust Inc. Second Quarter 26 Earnings Call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Laura Moon. Please go ahead. Laura Moon: Thank you, operator, and good morning, everyone. We appreciate you joining us today for Piedmont's second quarter 26 earnings conference call. Last night, we filed our 10-Q and an 8-K that includes our earnings release and unaudited supplemental information for the second quarter of 26. Both of these documents are available for your review on our website at piedmontreit.com under the Investor Relations section. During this call, you will hear from senior officers at Piedmont, Their prepared remarks followed by answers to your questions will contain forward looking statements as defined in the Private Securities Litigation Reform Act of 2000. These forward looking statements address matters which are subject to risks and uncertainties, and therefore, actual results may differ from those we anticipate and discuss today. The risks and uncertainties of these forward looking statements are discussed in our supplemental information as well as our SEC filings. We encourage everyone to review the more detailed discussion related to risks associated with forward looking statements in our SEC filings. Examples of forward looking statements include those related to Piedmont future revenues and operating income, dividends and financial guidance, future financing, leasing and investment activity, and the impacts of this activity on the company's financial and operational results. You should not place any undue reliance on any of these forward looking statements and these statements are based upon the information and estimates we have reviewed as of the date the statements are made. Also on today's call, representatives of the company may refer to certain non GAAP financial measures such as FFO, core FFO, AFFO, and same store NOI. The definitions and reconciliations of these non GAAP measures are contained in the supplemental financial information which was filed last night. At this time, our President and Chief Executive Officer, Brent Smith, will provide some opening comments regarding second quarter 26 operating results. Brent? Christopher Brent Smith: Thanks, Laura. Good morning, and thank you for joining us today as we review our second quarter 26 results. In addition to Laura, on the line with me this morning are George Wells and Alex Valente. Our chief operating officers. Christopher A. Kollme, our EVP of Investments and Sherry L. Rexroad, our chief financial We also have the usual full complement of our management team available to answer your questions. Piedmont had a strong quarter. Beating consensus by a penny due to operational outperformance, and raising our 2026 outlook for the second quarter in a row, …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Christopher Brent Smith | President, Chief Executive Officer & Director | USD 1,991,000 | Male | 1976 | Active |
Sherry L. Rexroad | Executive Vice President, Chief Financial Officer & Company Secretary | USD 1,108,688 | Female | 1965 | Active |
Alex Valente | Executive VP & Co-COO | USD 989,750 | Male | 1986 | Active |
George Wells | Executive VP & Co-COO | USD 989,750 | Male | 1963 | Active |
Christopher A. Kollme | Executive Vice President of Investments & Strategy | USD 847,250 | Male | 1971 | Active |
Laura Moon | Chief Accounting Officer, Treasurer & Executive Vice President | USD 576,500 | Female | 1971 | Active |
Jon Kuskie | Vice President of Sustainability & national Initiatives | — | Male | — | Active |
Lisa Tyler | Senior Vice President of Human Resource | — | Female | — | Active |
Damian J. Miller | Executive Vice President of Central Region | — | Male | — | Active |
Kevin D. Fossum | Executive Vice President of Property Management | — | Male | — | Active |
BXP (NYSE: BXP - Get Free Report) and Piedmont Realty Trust (NYSE: PDM - Get Free Report) are both real estate companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, valuation, dividends, institutional ownership, earnings, risk and analyst recommendations. Institutional and Insider Ownership 98.7% of BXP
Piedmont Realty Trust NYSE: PDM raised its 2026 outlook for a second consecutive quarter after reporting higher leasing activity, rental rates and same-store cash net operating income in the second quarter.
Piedmont Realty Trust (PDM) came out with quarterly funds from operations (FFO) of $0.38 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.36 per share a year ago.
Atlanta, GA, July 28, 2026 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the quarter ended June 30, 2026. Please visit the Investor Relations section of Piedmont's website at https://investor.piedmontreit.com to access the Earnings Release and Supplemental Information.
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.
