PIEDMONT REALTY TRUST INC CLASS A (PDM)
Real Estate · office real estate investment trust (REIT) · NYSE
Piedmont Realty Trust is a specialized REIT focused on owning and operating commercial office properties in major US metropolitan markets.
What PIEDMONT REALTY TRUST INC CLASS A does
Piedmont Realty Trust is a real estate investment trust (REIT) that owns, manages, develops, and operates a portfolio of commercial office properties. The company focuses on the acquisition and management of office buildings located in select major metropolitan areas in the United States.
Themes: office real estate, commercial property management, REITs
Fundamentals
- Price$9.65 as of 2026-08-21 close
- Market cap$1.2B as of 2026-08-21
- 1-year return+22.8% 2025-08-21 close $7.86 → 2026-08-21 close $9.65
- P/En/a negative earnings
- Net margin-14.2% as of 2026-08-24
- Gross margin+60.0% as of 2026-08-24
- ROE-5.4% as of 2026-08-24
- Debt / equity1.53 as of 2026-08-24
- Revenue growth (YoY)+0.7% as of 2026-08-24
- Revenue CAGR (3y)+0.1% SEC XBRL
- Beta1.38 as of 2026-08-24
- Last reported earnings2026-07-28 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +8.3%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
How PDM compares in its sector
- net profit marginbottom 25% 161 covered Real Estate peers, as of 2026-08-24
- operating marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- gross marginmiddle range 156 covered Real Estate peers, as of 2026-08-24
- return on equitybottom 25% 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRbottom 25% 155 covered Real Estate peers
- indicated dividend yieldtop 25% 138 covered Real Estate peers, as of 2026-08-24
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, PDM's dividend was covered by reported results (operating-cash-flow payout 22%). This describes past coverage, not a forecast.
- Earnings payoutnot assessable earnings were not positive that year
- Operating-cash-flow payout22% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How PIEDMONT REALTY TRUST INC CLASS A looks technically
PIEDMONT REALTY TRUST INC CLASS A (PDM) is trading 15.5% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 44 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 14, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 10 trading days ago. It is 4.7% below its 52-week high (its highest price of the past year).
Trend
7
| Distance from the 200-day | it is trading 15.5% above its 200-day average, the long-term trend line — a longer-term uptrend | +15.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $9.46 | $9.46 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $8.36 | $8.36 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 11 calendar days ago — the swings before that are what the structure reading is measured on | 11 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 44 trading days ago — a "golden cross", a bullish long-term signal | 44 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 14, below the 25 that marks a real trend) | 13.6 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30) | 53.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($9.13 to $9.84) — its "stochastic" reading is 73 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 73.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 25 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $10.13 | $10.13 |
|---|---|---|
| From the 52-week high | it is 4.7% below its 52-week high (its highest price of the past year) | -4.7% |
| Above the 52-week low | it is 52.8% above its 52-week low (its lowest price of the past year) | +52.8% |
| Below the 52-week high | it is 4.7% below its highest point of the past year | 4.7% |
| Since a 20-day breakout | it made a new 20-day low about 10 trading days ago | 10 sessions |
| Since a 55-day breakout | it made a new 55-day high about 17 trading days ago | 17 sessions |
| All-time high | its highest closing price on record is $24.78 (set on 2020-02-05) | $24.78 |
| Given back of the 52-week move | over the past year its closes ranged ($6.39 to $9.96), and it has given back only a small part of its rise from last year’s low — 9% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $7.64 to $7.75. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 8.7% |
| From the all-time high | it is 61.1% below its all-time high | -61.1% |
| Nearest price level | it is trading 1.6% below a resistance level at $9.80 — a price it turned at four times since 2024-08-28, most recently on 2026-07-06. Since 2024-08-21 it has 12 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.6% |
| All-time low | its lowest closing price on record is $4.91 (set on 2023-10-31) | $4.91 |
| Above the all-time low | it is 96.5% above its all-time low | +96.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 86% of it) | 14th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.2523 between its high and its low — about 2.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.2523 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $9.23 and $9.98 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $9.23 – $9.60 – $9.98 |
| Typical daily range (% of price) | its price moves about 2.6% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.6% |
| Stretch from the 200-day average | it is trading 5.1 daily ranges above its 200-day average price (15.5% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.1 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.09× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 2.4% since the prior reading | +2.4% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
3
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a hammer | 9 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 9 sessions ago |
| Since a bearish engulfing | 5 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 5 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.4% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.4% |
|---|---|---|
| Gap filled | a 3.6% gap up opened on 2026-06-11 has been "filled" 48 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 48 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 3.2 percentage points (the stock lost 0.8% while the market gained 2.3%) | -3.1% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 16.3 percentage points (the stock gained 19.4% while the market gained 3.1%) | +16.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 9.9 percentage points (the stock gained 20.9% while the market gained 11.1%) | +9.9% |
| vs market, 12 months | over the past 12 months this stock beat the market by 2.3 percentage points (the stock gained 22.8% while the market gained 20.5%) | +2.3% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 2.9% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 5.7% of the share price. | +2.9% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 15% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $8.39 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +15.0% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-07-28 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $9.60 — a volume-weighted average of daily closes over 19 sessions, not a true tick-by-tick VWAP. | +0.6% |
Price levels it has turned at before
PDM last closed at $9.65 on 2026-08-21. Since 2024-08-21 it has turned at 12 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $9.80 | Resistance | 1.6% above the last close | turned there four times · 2024-08-28 to 2026-07-06 |
| $10.04 | Resistance | 4.1% above the last close | turned there three times · 2024-11-27 to 2026-07-29 |
| $9.20 | Support | 4.7% below the last close | turned there six times · 2024-09-11 to 2026-08-10 |
| $10.27 | Resistance | 6.4% above the last close | turned there twice · 2024-09-18 to 2024-09-26 |
| $8.92 | Support | 7.5% below the last close | turned there five times · 2025-01-21 to 2026-02-09 |
| $8.72 | Support | 9.6% below the last close | turned there three times · 2026-01-15 to 2026-06-17 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · trendless / choppy (low ADX) · Analyst price target recently RAISED · beating the market · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.50 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$10.50 range $10.00 – $11.00
Analyst estimates, as of 2026-08-23. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Changes in office space demand and utilization patterns, such as remote work trends and virtual meeting platforms.","Sensitivity to interest rates, which impact financing costs and property valuation/liquidity.","Risk of lease defaults or contractions by significant tenants."]
What changed in the latest 10-Q
AI-assisted comparison of PDM's 10-Q filed 2026-04-30 against the prior one filed 2025-10-27.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing references Form 10-K for year ended December 31, 2025 (vs. December 31, 2024 in older filing)
- Newer filing shows borrowing capacity of $526 million as of March 31, 2026 (vs. $434 million as of September 30, 2025)
- Newer filing includes statement 'although we did not declare or pay dividends on our common stock during the three months ended March 31, 2026' (not present in older filing)
- Newer filing adds 'Loss on early extinguishment of debt' line item in operations table showing $0 for Q1 2026 (vs. $0.5 million loss in older Q3 2025)
- Removed:
- Older filing references specific redevelopment projects by name (US Bancorp Center, Galleria Towers, The Exchange, Galleria on the Park, 60 Broad, Meridian); newer filing removes these specific project names
- Older filing reports 'one individually significant unrecorded tenant allowance commitment greater than $10 million' as of September 30, 2025; newer filing states 'we had no individually significant unrecorded tenant allowance commitment greater than $10 million' as of March 31, 2026
- Older filing includes detailed comparative nine-month capital expenditures table; newer filing replaces with three-month comparison only
- Older filing includes 'Income from Continuing Operations' subsection header; newer filing removes this header
- Reworded:
- Liquidity paragraph changes 'third party lenders' to 'third-party lenders' (hyphenation)
- Capital expenditures section changes from 'nine months ended' reporting period to 'three months ended'
- Tenant improvement commitment language changes from '$6.73 per square foot per year of lease term' (nine months ended September 30, 2025) to '$5.18 per square foot per year of lease term' (three months ended March 31, 2026)
- Description of building improvements changes from 'building improvements across our portfolio' to 'building and tenant improvements across our portfolio'
- Dividend policy language changes from 'we may also use capital resources to pay dividends' to 'although we did not declare or pay dividends on our common stock during the three months ended March 31, 2026, we may also use capital resources to pay dividends'
- Language changes from 'suitable investment opportunities' to 'select investment opportunities'
- Language changes from 'general property capital improvements' to 'general property improvements'
- Net loss comparison updates: newer shows Q1 2026 vs Q1 2025 ($12.9M vs $10.1M) whereas older showed Q3 2025 vs Q3 2024 ($13.5M vs $11.5M)
- Revenue table shows different line items: older filing includes 'Property management fee revenue' of $0.1M vs $0.9M; newer filing shows $0.2M vs $0.1M
- Older filing reports 'Gain on sale of real estate assets' of $0.8M in Q3 2025 comparison; newer filing shows $0 for Q1 2026 period
- Notes:
- The newer filing appears to be truncated mid-sentence in the Revenue section ('twel'), preventing full assessment of that subsection
- The two filings compare different quarterly periods (Q1 2026 vs Q1 2025 in newer; Q3 2025 vs Q3 2024 in older), making some changes reflect period-specific data rather than policy changes
- Capital expenditure metrics are not directly comparable due to different reporting periods (three months vs. nine months)
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for PDM — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
PDM had 3,522,104 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
PDM had 2.82% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.06 days to cover at the same settlement.
- Reported short interest (shares) 3,522,104
- Short interest (% of shares outstanding) 2.82%
- Prior settlement (shares) 3,762,767
- Reported change -6.4%
- Days to cover (reported) 5.06
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Boston Properties (BXP)
- SL Green Realty (SLG)
- Vornado Realty Trust (VNO)
- Kilroy Realty (KRC)
- Highwoods Properties (HIW)
- Cousins Properties (CUZ)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does PIEDMONT REALTY TRUST INC CLASS A (PDM) do?
Piedmont Realty Trust is a real estate investment trust (REIT) that owns, manages, develops, and operates a portfolio of commercial office properties. The company focuses on the acquisition and management of office buildings located in select major metropolitan areas in the United States.
What sector is PIEDMONT REALTY TRUST INC CLASS A (PDM) in?
PIEDMONT REALTY TRUST INC CLASS A (PDM) is classified in the Real Estate sector. Its industry is office real estate investment trust (REIT). It trades on NYSE.
Does PDM pay a dividend?
Yes — PIEDMONT REALTY TRUST INC CLASS A (PDM) pays a dividend, with an indicated yield of about 8.32% and 1-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are PIEDMONT REALTY TRUST INC CLASS A's (PDM) competitors?
Notable peers of PIEDMONT REALTY TRUST INC CLASS A (PDM) include Boston Properties, SL Green Realty, Vornado Realty Trust, Kilroy Realty and Highwoods Properties. This peer set is informational only — not financial advice.
Is PIEDMONT REALTY TRUST INC CLASS A (PDM) overbought or oversold right now?
PIEDMONT REALTY TRUST INC CLASS A (PDM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 54, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on PDM come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.