Piedmont Office Realty Trust, Inc. (PDM) Research

Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.

Market snapshot

Symbol
PDM
Price
$8.94
Day change
+2.41%
Market cap
$1.1B
P/E ratio
-12.77x
52-week range
6.32-9.44
Sector
Real Estate
Industry
REIT - Office
Next earnings
in 1 month
Analyst price target
$11.00

Peer companies

  • City Office REIT, Inc. (CIO)
  • Chatham Lodging Trust (CLDT)
  • Centerspace (CSR)
  • Easterly Government Properties, Inc. (DEA)
  • Hudson Pacific Properties, Inc. (HPP)
  • JBG SMITH Properties (JBGS)
  • Kennedy-Wilson Holdings, Inc. (KW)
  • Plymouth Industrial REIT, Inc. (PLYM)

Recent insider activity

  • Lewis Stephen E — M-Exempt (15217 shares) on 2026-05-12
  • Lewis Stephen E — A-Award (12883 shares) on 2026-05-12
  • Lewis Stephen E — M-Exempt (15217 shares) on 2026-05-12
  • Lang Barbara B — M-Exempt (15217 shares) on 2026-05-12
  • Lang Barbara B — F-InKind (4566 shares) on 2026-05-12

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