PDM
Piedmont Realty Trust, Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Neutral
+16/100
Last price
9.03
▲ 0.07 (0.78%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
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Range —
Vol —
vs
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Open
—
Prev close
8.96
Day high
9.17
Day low
8.98
Volume
1.85M
Market cap
$1.13B
P/E (TTM)
—
52W range
6.32 – 10.13
Trailing performance
Returnvs SPY
1W
+1.23%
-0.7%
1M
-6.71%
-7.9%
3M
-3.63%
-8.1%
6M
+37.23%
+19.1%
YTD
+8.27%
-6.0%
1Y
+3.32%
-13.1%
3Y
+60.68%
-21.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on PDM open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.66M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 12, 26 | BARRETT KELLY HEFNER Director |
— | 15.22K | — | Direct |
| May 12, 26 | HAGER MARY M Director |
— | 15.22K | — | Direct |
| May 12, 26 | LANG BARBARA B Director |
— | 15.22K | — | Direct |
| May 12, 26 | TAYSOM DALE H. Director |
— | 15.22K | — | Direct |
| May 12, 26 | DONNELLY JEFFREY D. Director |
— | 15.22K | — | Direct |
| May 12, 26 | DONNLEY DENEEN L Director |
— | 15.22K | — | Direct |
| May 12, 26 | LEWIS STEPHEN E Director |
— | 15.22K | — | Direct |
| May 12, 26 | COHEN GLENN GARY Director |
— | 15.22K | — | Direct |
| Feb 23, 26 | MOON LAURA P Officer |
— | 2.64K | — | Direct |
| Feb 23, 26 | WELLS GEORGE M Chief Operating Officer |
— | 5.28K | — | Direct |
| Feb 23, 26 | SMITH CHRISTOPHER BRENT Chief Executive Officer |
— | 33.79K | — | Direct |
| Feb 23, 26 | KOLLME CHRISTOPHER A. Officer |
— | 3.96K | — | Direct |
| Feb 23, 26 | VALENTE ALEX Chief Operating Officer |
— | 3.70K | — | Direct |
| Feb 20, 26 | MOON LAURA P Officer |
— | 4.01K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Fundamentals
Market cap$1.13B
Enterprise value$3.37B
Revenue (TTM)$569.43M
Gross profit$341.79M
EBITDA$269.19M
Net income$-80.73M
EPS (TTM)$-0.66
Free cash flow$259.61M
Total cash$17.32M
Total debt$2.25B
Book value / share$11.78
Shares outstanding125.13M
Float123.50M
Short % of float5.12%
Dividend yield0.00%
Beta (5Y)1.38
Valuation & profitability ratios
Trailing P/E—
Forward P/E-30.10
PEG ratio16.74
Price / sales—
Price / book0.77
EV / revenue5.91
EV / EBITDA12.50
Gross margin60.02%
Operating margin14.29%
Profit margin-14.18%
Return on equity-5.34%
Return on assets1.19%
Debt / equity152.61
Current ratio1.50
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $564.99M | $570.32M | $577.76M | $563.77M | -0.9% |
| Operating revenue | $564.99M | $570.32M | $577.76M | $563.77M | -0.9% |
| Cost of revenue | $227.87M | $234.12M | $235.09M | $226.06M | -2.7% |
| Gross profit | $337.12M | $336.20M | $342.67M | $337.71M | +0.3% |
| Selling, general & admin | $30.59M | $35.42M | $29.19M | $29.13M | -13.7% |
| Total operating expense | $257.68M | $261.96M | $265.40M | $253.68M | -1.6% |
| Operating income | $79.44M | $74.24M | $77.26M | $84.03M | +7.0% |
| Net interest income | -$128.00M | -$122.98M | -$101.26M | -$65.66M | -4.1% |
| Pre-tax income | -$83.60M | -$79.06M | -$48.38M | $146.83M | -5.7% |
| Net income | -$83.62M | -$79.07M | -$48.39M | $146.83M | -5.8% |
| Net income to common | -$83.62M | -$79.07M | -$48.39M | $146.83M | -5.8% |
| Basic EPS | -0.67 | -0.64 | -0.39 | 1.19 | -4.7% |
| Diluted EPS | -0.67 | -0.64 | -0.39 | 1.19 | -4.7% |
| EBIT | $44.40M | $43.92M | $52.88M | $212.49M | +1.1% |
| EBITDA | $271.49M | $270.46M | $289.10M | $437.04M | +0.4% |
| Basic shares | 124.44M | 123.94M | 123.72M | 123.44M | +0.4% |
| Diluted shares | 124.44M | 123.94M | 123.72M | 123.52M | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $731.00K | $109.64M | $825.00K | $16.54M | -99.3% |
| Cash & short-term investments | $731.00K | $109.64M | $825.00K | $16.54M | -99.3% |
| Accounts receivable | $220.44M | $199.31M | $190.77M | $176.78M | +10.6% |
| Total current assets | $224.23M | $313.19M | $234.39M | $196.38M | -28.4% |
| Goodwill & intangibles | $53.49M | $53.49M | $53.49M | $82.94M | 0.0% |
| Total assets | $4.03B | $4.11B | $4.06B | $4.09B | -2.0% |
| Total current liabilities | $285.00M | $271.38M | $286.74M | $195.64M | +5.0% |
| Current debt | — | $250.00M | $50.15M | — | — |
| Long-term debt | $2.22B | $2.22B | $2.00B | $1.98B | +0.1% |
| Total debt | $2.25B | $2.26B | $2.10B | $2.04B | -0.2% |
| Total liabilities | $2.53B | $2.53B | $2.33B | $2.24B | +0.3% |
| Retained earnings | -$2.23B | -$2.13B | -$1.99B | -$1.86B | -4.7% |
| Shareholder equity | $1.50B | $1.59B | $1.72B | $1.85B | -5.8% |
| Working capital | -$60.77M | $41.81M | -$52.35M | $741.00K | -245.3% |
| Net tangible assets | $1.44B | $1.53B | $1.67B | $1.76B | -6.0% |
| Shares issued | 124.52M | 124.08M | 123.72M | 123.44M | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$83.60M | -$79.06M | -$48.38M | $146.83M | — | -5.7% |
| Depreciation & amortisation | $224.12M | $220.93M | $226.85M | $215.39M | — | +1.4% |
| Stock-based compensation | $9.67M | $9.55M | $8.09M | $8.97M | — | +1.2% |
| Change in working capital | -$53.51M | $5.22M | -$9.07M | -$30.98M | — | -1,124.9% |
| Operating cash flow | $140.56M | $198.11M | $210.13M | $215.22M | — | -29.0% |
| Capital expenditure | -$157.24M | -$212.11M | -$158.19M | -$121.36M | — | +25.9% |
| Investing cash flow | -$175.35M | -$186.62M | -$196.02M | -$1.25M | — | +6.0% |
| Share buybacks | — | — | $0 | $0 | -$19.54M | — |
| Dividends paid | -$30.87M | -$61.86M | -$93.12M | -$104.37M | — | +50.1% |
| Financing cash flow | -$75.31M | $98.18M | -$29.50M | -$203.23M | — | -176.7% |
| Free cash flow | -$16.68M | -$14.00M | $51.94M | $93.86M | — | -19.1% |
| End cash position | $3.79M | $113.88M | $4.21M | $19.60M | — | -96.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $144.12M | $143.29M | $142.85M | $139.16M | $140.29M | +0.6% |
| Operating revenue | $144.12M | $143.29M | $142.85M | $139.16M | $140.29M | +0.6% |
| Cost of revenue | $55.99M | $57.31M | $58.46M | $55.89M | $55.61M | -2.3% |
| Gross profit | $88.14M | $85.99M | $84.39M | $83.27M | $84.68M | +2.5% |
| Selling, general & admin | $8.24M | $7.91M | $7.46M | $7.61M | $7.96M | +4.1% |
| Total operating expense | $67.55M | $67.20M | $65.48M | $64.92M | $63.39M | +0.5% |
| Operating income | $20.59M | $18.79M | $18.91M | $18.35M | $21.29M | +9.6% |
| Net interest income | -$31.87M | -$31.93M | -$32.41M | -$31.97M | -$31.95M | +0.2% |
| Pre-tax income | -$11.10M | -$12.91M | -$43.24M | -$13.46M | -$16.81M | +14.1% |
| Net income | -$11.10M | -$12.92M | -$43.25M | -$13.46M | -$16.81M | +14.1% |
| Net income to common | -$11.10M | -$12.92M | -$43.25M | -$13.46M | -$16.81M | +14.1% |
| Basic EPS | -0.09 | -0.10 | -0.35 | -0.11 | -0.14 | +10.0% |
| Diluted EPS | -0.09 | -0.10 | -0.35 | -0.11 | -0.14 | +10.0% |
| EBIT | $20.78M | $19.01M | -$10.83M | $18.51M | $15.15M | +9.3% |
| EBITDA | $80.88M | $78.64M | $47.19M | $75.83M | $70.58M | +2.8% |
| Basic shares | 125.08M | 124.81M | 124.52M | 124.50M | 124.46M | +0.2% |
| Diluted shares | 125.08M | 124.81M | 124.52M | 124.50M | 124.46M | +0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $16.79M | $2.28M | $731.00K | $2.99M | $3.31M | +636.5% |
| Cash & short-term investments | $16.79M | $2.28M | $731.00K | $2.99M | $3.31M | +636.5% |
| Accounts receivable | $231.08M | $223.32M | $220.44M | $217.32M | $211.41M | +3.5% |
| Total current assets | $255.66M | $232.50M | $224.23M | $225.46M | $219.23M | +10.0% |
| Goodwill & intangibles | $53.49M | $53.49M | $53.49M | $53.49M | $53.49M | 0.0% |
| Total assets | $4.05B | $4.03B | $4.03B | $4.00B | $3.98B | +0.3% |
| Total current liabilities | $300.83M | $275.77M | $285.00M | $246.39M | $225.63M | +9.1% |
| Long-term debt | $2.25B | $2.25B | $2.22B | $2.19B | $2.18B | -0.1% |
| Total debt | $2.27B | $2.28B | $2.25B | $2.22B | $2.21B | -0.1% |
| Total liabilities | $2.57B | $2.55B | $2.53B | $2.47B | $2.43B | +0.9% |
| Retained earnings | -$2.25B | -$2.24B | -$2.23B | -$2.18B | -$2.17B | -0.5% |
| Shareholder equity | $1.47B | $1.48B | $1.50B | $1.54B | $1.55B | -0.5% |
| Working capital | -$45.18M | -$43.28M | -$60.77M | -$20.94M | -$6.41M | -4.4% |
| Net tangible assets | $1.42B | $1.43B | $1.44B | $1.48B | $1.49B | -0.6% |
| Shares issued | 125.13M | 125.02M | 124.52M | 124.50M | 124.49M | +0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$11.10M | -$12.91M | -$43.24M | -$13.46M | -$16.81M | +14.1% |
| Depreciation & amortisation | $60.10M | $59.62M | $57.79M | $56.45M | $54.57M | +0.8% |
| Stock-based compensation | $2.46M | $2.23M | $2.44M | $2.58M | $2.46M | +10.6% |
| Change in working capital | $10.77M | -$22.95M | $2.08M | -$11.81M | $1.55M | +146.9% |
| Operating cash flow | $64.35M | $28.11M | $50.94M | $35.81M | $50.10M | +128.9% |
| Capital expenditure | -$33.57M | -$38.28M | -$41.43M | -$34.24M | -$41.94M | +12.3% |
| Investing cash flow | -$45.61M | -$48.34M | -$55.16M | -$49.15M | -$31.27M | +5.6% |
| Dividends paid | -$6.00K | -$131.00K | -$13.00K | -$7.00K | -$14.00K | +95.4% |
| Financing cash flow | -$3.32M | $22.78M | -$118.00K | $13.65M | -$17.65M | -114.6% |
| Free cash flow | $30.78M | -$10.17M | $9.51M | $1.57M | $8.16M | +402.7% |
| End cash position | $21.75M | $6.33M | $3.79M | $8.13M | $7.82M | +243.3% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
10.00
+10.7% from spot
ATM implied vol
25.0%
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
4
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
10.00
0 contracts
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.09 | -0.09 | 0.0% |
| Mar 2026 | -0.03 | -0.10 | -212.0% |
| Dec 2025 | -0.05 | -0.35 | -601.7% |
| Sep 2025 | -0.05 | -0.11 | -138.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.00 | 1 | $146.74M | +5.4% |
| Next quarter | 0.01 | 1 | $149.43M | +4.6% |
| Current year | -0.17 | 1 | $583.32M | +3.2% |
| Next year | 0.15 | 1 | $602.33M | +3.3% |
Analyst targets & ownership
Mean target$10.75
High target$11.00
Low target$10.00
Implied upside19.05%
Analyst count4
ConsensusNONE
Strong buy / Buy0 / 1
Hold3
Sell / Strong sell0 / 0
Held by insiders1.32%
Held by institutions95.59%
Institutions holding354
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
9.02
+0.08% from price
SMA 20
9.20
-1.87% from price
SMA 50
9.46
-4.52% from price
SMA 100
9.23
-2.20% from price
SMA 200
8.53
+5.85% from price
EMA 12
9.07
-0.45% from price
EMA 26
9.23
-2.12% from price
EMA 50
9.30
-2.87% from price
RSI (14)
43.2
Neutral
MACD (12,26,9)
-0.15
Hist -0.02
ATR (14)
0.21
2.38% of price
Realised vol 30D
25.6%
Annualised
Bollinger upper
9.65
20, 2σ
Bollinger lower
8.76
20, 2σ
50 / 200 cross
Golden
9.46 vs 8.53
Trend bias
Above 200
+5.85%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.69
Less volatile than market
Correlation to SPY
0.29
Largely independent
Realised vol 30D
25.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-27.9%
Peak to trough
Max drawdown 5Y
-74.2%
Peak to trough
ATR 14
0.21
2.38% of price
Beta (reported)
1.38
5Y monthly, from filing
Short interest
Shares short
4.98M
Prior 5.67M
Change vs prior
-12.2%
Shorts covering
% of float
5.12%
Normal
% of shares out
3.98%
Against total outstanding
Days to cover
2.9
Liquid
Float
123.50M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 9, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Aug 14, 26 | Baird | MAINTAINED | Neutral | Neutral |
| Jun 15, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| Mar 9, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| Nov 24, 25 | Truist Securities | MAINTAINED | Buy | Buy |
| Jun 13, 25 | JP Morgan | MAINTAINED | Neutral | Neutral |
| May 20, 25 | Truist Securities | MAINTAINED | Buy | Buy |
| Mar 3, 25 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Feb 25, 25 | Truist Securities | MAINTAINED | Buy | Buy |
| Feb 24, 25 | Baird | MAINTAINED | Neutral | Neutral |
| Jan 16, 25 | Baird | DOWNGRADE | Outperform | Neutral |
| Nov 11, 24 | Truist Securities | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield5.47%
Payout ratio167.78%
Ex-dividend dateFeb 21, 2025
Next pay dateMar 14, 2025
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-17
Corporate Changes & Voting Matters
8-K · 2026-09-15
Corporate Changes & Voting Matters
8-K · 2026-09-14
Periodic Financial Reports
10-Q · 2026-07-28
Corporate Changes & Voting Matters
8-K · 2026-05-28
Offering Registrations
S-8 · 2026-05-12
Corporate Changes & Voting Matters
8-K · 2026-04-30
Proxy Statements
DEFA14A · 2026-04-10
Headlines
Piedmont Realty Trust, Inc. to Report Third Quarter 2026 Financial Results
GlobeNewswire · 1d ago
Should Value Investors Buy Piedmont Realty Trust, Inc. (PDM) Stock?
Zacks · 8d ago
Piedmont Realty Trust Prices $200 Million Private Debt Offering
MT Newswires · 22d ago
Piedmont Realty Trust Announces Pricing of $200,000,000 Exchangeable Senior Notes Offering
GlobeNewswire · 22d ago
Rithm Capital, GreenBarn Investment Group and FarmViewVentures Announce $56.25 Million Sale of 4075 Wilson Boulevard in Arlington, Virginia
Business Wire · 22d ago
Piedmont Realty Trust Plans $200 Million Exchangeable Notes Offering, to Redeem 9.250% Notes Due 2028
MT Newswires · 23d ago
Piedmont Realty Trust Announces Proposed Exchangeable Senior Notes Offering
GlobeNewswire · 23d ago
Are Investors Undervaluing Piedmont Realty Trust, Inc. (PDM) Right Now?
Zacks · 26d ago
PRIVATE STRATEGY · BY QUALIFICATION
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