PDM

Piedmont Office Realty Trust Inc

PDM.US piedmontreit.com
9.57
+0.16 (+1.70%)
USD · NYSE
52-week range
6.32
10.13
Trading at 85% of the 52-week range
Market Cap
1.18B
P/E Ratio
0.00
Forward P/E
75.19
Book Value
11.78
Div. Yield
N/A
% Institutions
95.52%
% Insiders
1.32%

1 Year

+9.0%

3 Year

+63.8%

10 Year

-24.6%
Description

Piedmont Realty Trust Inc. is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of approximately 16 MM SF of Class A properties across major U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into premier piedmont places that enhance each client's workplace experience. Piedmont Realty Trust, Inc. was incorporated in 1997 and is based in Atlanta, United States.

Company Information

Company Name
Piedmont Office Realty Trust Inc
Sector
Real Estate
Industry
REIT - Office
Exchange
NYSE
ISIN: US7201902068
CIK: 0001042776
CUSIP: 720190206
Currency: USD
Full Time Employees: 140
Phone: 770 418 8800
Fiscal Year End: December
IPO Date: Feb 10, 2010
Description:

Piedmont Realty Trust Inc. is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of approximately 16 MM SF of Class A properties across major U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into premier piedmont places that enhance each client's workplace experience. Piedmont Realty Trust, Inc. was incorporated in 1997 and is based in Atlanta, United States.

Address:

5565 Glenridge Connector, Atlanta, GA, United States, 30342-4788

People

Directors & Officers

Name Title Year Born
Mr. Christopher Brent Smith President, CEO & Director 1976
Ms. Sherry L. Rexroad CFA Executive VP, CFO & Company Secretary 1965
Mr. George M. Wells Executive VP & Co-COO 1963
Mr. Christopher A. Kollme Executive Vice President of Investments & Strategy 1971
Ms. Laura P. Moon Chief Accounting Officer, Treasurer & Executive VP 1971
Mr. Alex Valente Executive VP & Co-COO 1986
Ms. Lisa M. Tyler Senior Vice President of Human Resource NA
Mr. Damian J. Miller CFA Executive Vice President of Central Region NA
Mr. Kevin D. Fossum Executive Vice President of Property Management NA
Mr. Jon Kuskie Vice President of Sustainability & National Initiatives NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
May 01, 2025 Sherry L Rexroad N/A Purchase 16.85K $5.95 $100.26K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 15.07M Mar 31, 2026 12.04% $0.00 3.81%
Vanguard Portfolio Management, LLC 12.49M Mar 31, 2026 9.98% $0.00 0.00%
Cohen & Steers Inc 8.09M Jun 30, 2026 6.46% $0.12 8.91%
Vanguard Capital Management, LLC 5.65M Mar 31, 2026 4.51% $0.00 0.00%
State Street Corp 5.31M Mar 31, 2026 4.24% $0.00 -1.57%
Wilsey Asset Management 4.91M Jun 30, 2026 3.92% $6.60 0.34%
Private Management Group Inc 4.10M Mar 31, 2026 3.28% $0.78 8.60%
LSV Asset Management 3.84M Jun 30, 2026 3.07% $0.06 -0.10%
Wellington Management Company LLP 3.35M Jun 30, 2026 2.68% $0.01 16.48%
Geode Capital Management, LLC 3.23M Mar 31, 2026 2.58% $0.00 -0.46%
Charles Schwab Investment Management Inc 3.20M Mar 31, 2026 2.56% $0.00 -7.34%
Ameriprise Financial Inc 2.27M Mar 31, 2026 1.82% $0.00 -17.11%
Donald Smith & Co Inc 1.94M Jun 30, 2026 1.55% $0.31 0.00%
Universal- Beteiligungs- und Servicegesellschaft mbH 1.68M Jun 30, 2026 1.34% $0.02 17.05%
Systematic Financial Management LP 1.67M Mar 31, 2026 1.33% $0.25 -0.56%
Two Sigma Investments LLC 1.54M Mar 31, 2026 1.23% $0.01 186.17%
CenterSquare Investment Management LLC 1.54M Jun 30, 2026 1.23% $0.12 -55.82%
Northern Trust Corp 1.48M Mar 31, 2026 1.18% $0.00 4.03%
JPMorgan Chase & Co 1.39M Mar 31, 2026 1.11% $0.00 -21.29%
The Goldman Sachs Group Inc 1.30M Mar 31, 2026 1.04% $0.00 -7.71%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Real Estate Index Investor 4.76M 3.80% ▼ 0.39% Jul 31, 2026
2 Vanguard MStar Total Stk Mkt Idx Invest 4.04M 3.23% ▲ 1.16% Jul 31, 2026
3 iShares Russell 2000 ETF 3.26M 2.60% ▼ 0.57% Aug 31, 2026
4 Vanguard Small Cap Index 2.87M 2.29% ▲ 0.39% Jul 31, 2026
5 Donald Smith & Co. All Eq Accounts Comp 1.94M 1.55% ▲ 0.00% Jun 30, 2026
6 DWS RREEF Real Assets Inst 1.88M 1.50% ▲ 0.00% Jul 31, 2026
7 DWS Real Assets Strategy 1.88M 1.50% ▲ 30.13% Jun 30, 2026
8 Vanguard MStar Small Cap Value Index 1.83M 1.46% ▲ 0.47% Jul 31, 2026
9 Vanguard Institutional Extnd Mkt Idx Tr 1.45M 1.16% ▲ 0.23% Jul 31, 2026
10 Fidelity Small Cap Index 1.38M 1.10% ▲ 11.32% Jun 30, 2026

Financial Highlights

Market Cap: $1.18B
EBITDA: $269.19M
PEG Ratio: $16.74
Book Value: $11.78
Earnings/Share: $-0.63
Profit Margin: -14.18%
Operating Margin: 14.29%
ROA (TTM): 1.19%
ROE (TTM): -5.34%
Revenue (TTM): $569.43M
Revenue/Share (TTM): $4.57
Earnings Growth (YOY): -70.00%
Revenue Growth (YOY): 2.70%

Valuation Metrics

Enterprise Value: $3.45B
Trailing P/E: 0.00
Forward P/E: 75.19

Shares Statistics

Shares Outstanding: 125.13M
Shares Float: 123.51M
% Insiders: 1.32%
% Institutions: 95.52%
Short % Float: 5.83%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$564.99M
Cost of Goods Sold
adjust
$-682.05M
Gross Profit
subtotal
$-117.06M
SG&A
adjust
$-30.59M
Other Operating Expense
adjust
$-165.91M
Operating Income
subtotal
$79.45M
Other / Non-Operating Items
adjust
$-163.05M
Net Income
subtotal
$-83.60M

Earnings Per Share (EPS) History

Financial Ratios

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