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Piedmont Realty Trust Inc. Class A (PDM)

$8.53

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Key data on PDM

Market cap

$1.06B

EPS

-0.58

P/E ratio

--

Price to sales

1.84

Dividend yield

5.862%

Beta

1.262844

Price on PDM

Previous close

$8.34

Today's open

$8.40

Day's range

$8.35 - $8.56

52 week range

$5.46 - $9.49

Profile about PDM

CEO

C. Brent Smith

Employees

150

Headquarters

Atlanta, GA

Exchange

New York Stock Exchange

Shares outstanding

124519278

Issue type

Common Stock

PDM industries and sectors

Real Estate

REITs

News on PDM

Piedmont Realty Trust, Inc. Signs over 475,000 SF of Leases Fourth Quarter-to-Date Bringing Year to Date Leasing to Approximately 2.3 million Square Feet

Atlanta, GA, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. ("Piedmont” or “the Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today, that the Company is participating in this week's Nareit's REITworld: 2025 Annual Conference in Dallas, TX. The Company has completed over 475,000 square feet of leasing thus far in the fourth quarter, with approximately 275,000 square feet related to new tenants. Almost half of the new tenant leases are for previously vacant space and year-to-date leasing volume now totals approximately 2.3 million square feet.   Approximately 44,000 square feet of the new tenant leases relate to the Company's out-of-service portfolio which is now approximately 60% leased.

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GlobeNewsWire • Dec 8, 2025

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Is Piedmont Realty Trust, Inc. (PDM) Stock Undervalued Right Now?

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.

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Zacks Investment Research • Nov 21, 2025

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PIEDMONT REALTY TRUST ANNOUNCES RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 9.250% SENIOR NOTES DUE 2028

Atlanta, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM), today announced the results, as of 5:00 p.m., New York City time, on November 19, 2025 (the “Expiration Time”), of the previously announced cash tender offer of its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), to purchase any and all of its outstanding 9.250% senior notes due 2028 (the “notes”). The cash tender offer was announced on November 13, 2025 and was made pursuant to the Offer to Purchase and the related Notice of Guaranteed Delivery, each dated November 13, 2025 (the “Tender Offer Documents”). The following table presents the aggregate principal amount of the notes tendered and not validly withdrawn and the aggregate principal amount of the notes tendered pursuant to the guaranteed delivery procedures described in the Tender Offer Documents, in each case, as of the Expiration Time. Capitalized terms used but not defined herein shall have the meaning given to them in the Offer to Purchase.

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GlobeNewsWire • Nov 20, 2025

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PIEDMONT REALTY TRUST ANNOUNCES PRICING OF CASH TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 9.250% SENIOR NOTES DUE 2028

Atlanta, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced the pricing of the cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 2028 (the “notes”) for the consideration described below by its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”). The table below sets forth the applicable Reference Yield and Consideration for the notes, as calculated at 2:00 p.m., New York City time, today, November 19, 2025, in accordance with the Offer to Purchase.

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GlobeNewsWire • Nov 19, 2025

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PIEDMONT REALTY TRUST COMMENCES OFFER TO PURCHASE ANY AND ALL OF ITS OUTSTANDING 9.250% SENIOR NOTES DUE 2028

Atlanta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has commenced a cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 2028 (the “notes”) for the consideration described below. Title of Security CUSIP Number / ISIN (1) Principal Amount Outstanding U.S. Treasury Reference Security (2) Bloomberg Reference Page (2) Fixed Spread (2) 9.250% Senior Notes due 2028 720198AG5 /US720198AG56 $ 532,460,000 3.50% UST due November 15, 2028 FIT1 95 bps (1)      No representation is made as to the correctness or accuracy of the CUSIP numbers listed in this press release, the Offer to Purchase (as defined below) or printed on the notes.

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GlobeNewsWire • Nov 13, 2025

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Piedmont Realty Trust Announces Pricing of Senior Notes Offering

Atlanta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 5.625% senior notes due 2033 at 99.364% of the principal amount. The offering is expected to close on November 20, 2025, subject to the satisfaction of customary closing conditions.

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GlobeNewsWire • Nov 13, 2025

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Piedmont Realty Trust: Core FFO To Benefit From New Leases In The Short Term, Refinancing In The Long Term

Piedmont Office Realty Trust has lagged REIT peers in the VNQ so far in 2025, partially driven by a dividend suspension earlier in the year. Looking ahead to 2026, Core FFO is set to return to growth thanks to commencing rent on recently signed leases. While the Fed still has some way to go towards reaching its 3% neutral rate, PDM is already paying above-market interest on its fixed-rate obligations.

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Seeking Alpha • Nov 3, 2025

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Piedmont Realty Trust, Inc. (PDM) Q3 2025 Earnings Call Transcript

Piedmont Realty Trust, Inc. (NYSE:PDM ) Q3 2025 Earnings Call October 28, 2025 9:00 AM EDT Company Participants Laura Moon - Chief Accounting Officer, Treasurer & Executive VP Christopher Smith - President, CEO & Director George Wells - Executive VP & COO Christopher Kollme - Executive Vice President of Investments & Strategy Sherry Rexroad - Executive VP, CFO & Company Secretary Conference Call Participants Nicholas Thillman - Robert W. Baird & Co. Incorporated, Research Division Anthony Paolone - JPMorgan Chase & Co, Research Division Dylan Burzinski - Green Street Advisors, LLC, Research Division Michael Lewis - Truist Securities, Inc., Research Division Presentation Laura Moon Chief Accounting Officer, Treasurer & Executive VP Thank you, operator, and good morning, everyone.

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Seeking Alpha • Oct 28, 2025

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Piedmont Realty Trust, Inc. Releases Third Quarter 2025 Results

Atlanta, GA, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the third quarter of 2025.  Please visit the Investor Relations section of Piedmont's website at https://investor.piedmontreit.com to access the Earnings Release and Supplemental Information.

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GlobeNewsWire • Oct 27, 2025

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Piedmont Realty Trust (PDM) Q3 FFO and Revenues Top Estimates

Piedmont Realty Trust (PDM) came out with quarterly funds from operations (FFO) of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.36 per share a year ago.

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Zacks Investment Research • Oct 27, 2025

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