Group 1 - The article expresses a bullish outlook on Piedmont Realty Trust (NYSE: PDM), emphasizing its long-term prospects as an A-tier office REIT [1] - The author specializes in identifying Real Estate Investment Trusts (REITs) that are currently out-of-favor, indicating a contrarian investment strategy [1] - The investment approach is based on fundamental economic insights to assess the intrinsic value of stocks, with a focus on long-term investment horizons [1]

Piedmont Office Realty Trust (PDM) Q2 2025 Earnings Call July 29, 2025 09:00 AM ET Speaker0Greetings, and welcome to the Piedmont Realty Trust Incorporated Second Quarter twenty twenty five Earnings Call. At this time, all participants are on a listen only mode and a question and answer session will follow the formal presentation. And please note, this conference is being recorded. I will now turn the conference over to your host, Laura Moon, Chief Accounting Officer for Piedmont Realty Trust. Ma'am, the fl ...

Core Viewpoint - Piedmont Realty Trust reported quarterly funds from operations (FFO) of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, but down from $0.37 per share a year ago, indicating a slight decline year-over-year [1][2] Financial Performance - The company achieved revenues of $140.29 million for the quarter ended June 2025, which was 1.09% below the Zacks Consensus Estimate and down from $143.26 million in the same quarter last year [2] - Over the last four quarters, Piedmont Realty Trust has surpassed consensus FFO estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Piedmont Realty Trust shares have decreased by approximately 17.9% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.35, with projected revenues of $141.82 million, and for the current fiscal year, the estimate is $1.42 on revenues of $568.05 million [7] - The outlook for the industry, particularly the REIT and Equity Trust - Other sector, is currently in the top 38% of Zacks industries, suggesting a favorable environment for performance [8]

Piedmont Realty Trust Earnings Release and Supplemental Information Index TM | | Page | | Page | | --- | --- | --- | --- | | Introduction | | Diversification Tables | | | Forward-Looking Statements | 3 | Tenant Diversification | 30 | | Earnings Release | 4 | Tenant Credit Rating & Lease Distribution | 31 | | Company Information | 8 | Industry Diversification | 32 | | Research Coverage | 9 | Geographic Diversification | 33 | | Portfolio Statistics & Key Performance Indicators | 10 | Geographic Diversificatio ...

Atlanta, GA, July 28, 2025 (GLOBE NEWSWIRE) -- Piedmont Realty Trust (NYSE: PDM) has released its financial and operational results for the second 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. Piedmont has scheduled a conference call and an an audio web cast for Tuesday, July 29, 2025, at 9:00 a.m. ET during which the Company’s management team will review second quarter perf ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT of 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________ _______________________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT of 1934 For the Quarterly Period Ended June 30, 2025 For the Transition Period From ...

Core Viewpoint - Piedmont Realty Trust will release its second quarter financial results on July 28, 2025, after market close, with a conference call scheduled for July 29, 2025, at 9:00 a.m. ET to discuss performance and recent events [1]. Company Overview - Piedmont Realty Trust is a fully integrated, self-managed real estate investment company focused on delivering exceptional office environments, managing 16 million square feet of Class A properties across major U.S. Sunbelt markets [3]. - The company is recognized for its hospitality-driven approach and commitment to transforming buildings into premier "Piedmont PLACEs" that enhance clients' workplace experiences [3]. Conference Call Details - The conference call will be broadcast live in listen-only mode on the company's investor relations website [1]. - Analysts are advised to dial in at least fifteen minutes prior to the start time for a timely connection, with domestic and international numbers provided [2]. - A replay of the conference call will be available until August 12, 2025, with specific access codes for domestic and international listeners [2].

Core Viewpoint - Piedmont Office Realty Trust has rebranded to Piedmont Realty Trust, Inc. to better align with its focus on creating premium work environments known as Piedmont PLACEs [1][2]. Company Strategy - The company aims to transform traditional office spaces into environments that foster collaboration, convenience, and a sense of community, catering to modern employee needs [2]. - Piedmont PLACEs are designed to enhance the workplace experience, regardless of location, by providing intentional spaces that promote service and connection [2][4]. Company Overview - Piedmont Realty Trust is a fully integrated, self-managed real estate investment company that owns, manages, develops, and operates 16 million square feet of Class A properties across major U.S. Sunbelt markets [4]. - The company is recognized for its hospitality-driven approach and commitment to enhancing client workplace experiences through its premier Piedmont PLACEs [4].

Group 1 - The article discusses the short time horizon some investors have when trading stocks, suggesting that a focus on long-term investment strategies is more beneficial [1] - The author emphasizes the importance of identifying high-yield Real Estate Investment Trusts (REITs) that provide stable passive income and potential mean reversion [1] - The investment approach is rooted in fundamental economic insights to assess market trends, prioritizing value and income-focused strategies [1] Group 2 - The author has a beneficial long position in the shares of PDM, indicating a personal investment interest in the company [2] - The article expresses the author's opinions without any external compensation, highlighting an independent analysis [2] - There is a disclaimer regarding the lack of business relationships with any mentioned companies, reinforcing the independence of the analysis [2]

Atlanta, June 02, 2025 (GLOBE NEWSWIRE) -- Piedmont Office 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 REITWeek Investor Conference in New York City. The Company has completed over 500,000 square feet of leasing thus far in the second quarter, with 350,000 square feet related to new tenants. Approximately 70% of the new tenant leases are for curren ...