Piedmont Realty Trust, Inc. (PDM) Form 8-K — Jul 28, 2026
Piedmont Realty Trust reported second quarter 2026 Core FFO of $0.38 per share, beating the prior year's $0.36 and prompting the company to raise its full-year outlook. The company now expects Core FFO per share of $1.50 to $1.55, up from the previous range of $1.47 to $1.53, driven by rental rate growth and new leases. Operational metrics showed significant strength, with same-store net operating income growing 9.0% on a cash basis and 2.8% on an accrual basis. The firm leased 459,000 square feet during the quarter, achieving a cash rent roll-up of 14.1% and an accrual roll-up of 32.4%, with the leased percentage at 88.9%.
Key figures
- Eps
- -0.09
- Revenue
- 144.1 million
- Guidance
- Core FFO per share $1.50 - $1.55
- Total Debt
- 2.27 billion
- Cash Position
- 16.8 million
- Core FFO
- 0.38
- Cash Rent Roll Up
- 14.1%
- Leased Percentage
- 88.9%
- Same Store NOICash
- 9.0%
- Accrual Rent Roll Up
- 32.4%
- Same Store NOIAccrual
- 2.8%
Price after filing
Close on the filing date to close N calendar days later (from $9.57). Historical, not a forecast.
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