Piedmont Office Realty Trust stock
PDMNYSEPiedmont Office Realty Trust, Inc., Real EstateISIN US7201902068
46Score 46 out of 100, Weak
Price and trend
87 / 100
Price history
+22% in one yearThe chart shows daily closes over 17 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 15% above it.
Since June 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 58).
The price is at its 52-week high. Largest decline in 17 years: 79% (February 2020 to October 2023).
Chart figures for advanced users
- SMA 50$9.36
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$8.67
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)58
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$6.39
- The lowest closing price of the last twelve months.
- Resistance$10.08
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Piedmont Office Realty Trust, Inc. belongs to the REIT (Office) industry (United States) and, with a market value of $1.24B, is number 12 of 19 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $564.99M (down 0.9% year on year) and a loss of $83.6M.
- MEQIRI Score 46 out of 100 (Weak): rank 250 of 327 in Real Estate, median 55.
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- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $14.58, with the price 31% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
None of our strength checks applies.
Weaknesses
- Interest barely coveredOperating profit covers interest only 0.3 times.Stability 31
- Loss-makingLoss of $88.28M over the last 12 months.Fundamentals 42
- Turned to a lossEarnings per share from $1.85 in 2020 to −$0.67.Growth 18
Its standout strengths are technical analysis and valuation, while growth and profitability hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
What lowers it
- price near its 52-week high
- low growth grade (crashed less often in the backtest)
Valuation
Valuation signal
Possible value trapIn our model the price counts as cheap below $11.21 and expensive above $20.83 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $19.20 (cash-flow model) and $9.96 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $12.99, at 7.8% it would be $16.97.
Possible value trap: looks cheap, but score below 50, high risk, weak growth.
Valuation metrics
Half from the cash-flow model, half from FFO per share times the median price to FFO of the REIT industry (8.8). For REITs, depreciation on buildings depresses earnings, so FFO counts instead of earnings, here following the industry rule (Nareit) from the filings with the SEC: gains on property sales are deducted where the company reports them in the standard items. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 15% of revenue, and less preferred dividends. New construction and acquisitions do not count as running costs there.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 2.9% on the twelve months before. Revenue has stayed largely stable since 2006.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross −21%, operating 14%, net −15%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 10 Feb 2027in 90 days
- Last reported
- 26 Oct 2026EPS reported −$0.17 (expected −$0.06)below expectations
Analyst estimates
- Earnings per share
- −$0.17+27.7%
- Revenue
- $585.97M+0.5%
- Earnings per share
- $0.25+434.2%
- Revenue
- $593.62M−1.4%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −4.5%Piedmont raised and narrowed its 2026 core FFO guidance for the third straight quarter to a range of $1.55 to $1.57 per share, $0.06 above the original outlook.
“As Brent noted in his remarks, for the third quarter in a row, we are increasing and narrowing our 2026 annual core FFO guidance to a range of $1.55 to $1.57 per diluted share. An increase of $0.06 per share at the midpoint when compared to our original 2026 guidance.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 27 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. One insider sold, $39,169 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Rexroad Sherry LSale
1 Oct 2026, EVP-CFO
- Shares
- 4,446
- Price
- $8.81
- Value
- $39,169
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Piedmont Office Realty Trust
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
327 rated companies in Real Estate
- This company
- 46
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Office)
The next larger and next smaller companies by market value
- Colonial SFL SOCIMICOL.MC $3.58B58
- SL Green RealtySLG $3.52B43
- Highwoods PropertiesHIW $3.44B60
- Douglas EmmettDEI $1.68B45
- Easterly Government PropertiesDEA $1.06B47
- Postal Realty TrustPSTL $880.3M62
- Hudson Pacific PropertiesHPP $557.21M31
- Brandywine Realty TrustBDN $530.45M45
ETFs that hold Piedmont Office Realty Trust
Held by 17 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares US Property Yield UCITS ETFIQQ7 | 0.11% | 0.40% | €554.91M |
| UBS FTSE EPRA Nareit Developed Green UCITS ETF USD disCSYZ | 0.08% | 0.25% | €207.23M |
| State Street SPDR Dow Jones Global Real Estate UCITS ETF (Acc)SPY2 | 0.08% | 0.40% | €52.83M |
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| iShares Developed Markets Property Yield UCITS ETFIQQ6 | 0.07% | 0.59% | €812.71M |
| HSBC FTSE EPRA NAREIT Developed UCITS ETFH4ZL | 0.06% | 0.24% | €3.36B |
| Amundi FTSE EPRA NAREIT Global UCITS ETF Dist10AJ | 0.06% | 0.24% | €603.52M |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.04% | 0.43% | €2.48B |
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.04% | 0.30% | €4.22B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 10 Jan 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.