Postal Realty Trust (PSTL) Set to Announce Quarterly Earnings on Tuesday

Postal Realty Trust (NYSE:PSTL) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Postal Realty Trust (NYSE:PSTL) last posted its quarterly earnings results on Monday, February 26th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.21). The company had revenue of $17.00 million during the quarter, compared to analyst estimates of $16.48 million. Postal Realty Trust had a net margin of 5.82% and a return on equity of 1.28%. During the same period last year, the firm earned $0.28 EPS. On average, analysts expect Postal Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Postal Realty Trust Price Performance

Shares of NYSE:PSTL opened at $13.84 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $311.57 million, a PE ratio of 125.82, a PEG ratio of 2.38 and a beta of 0.65. The firm has a 50 day moving average of $13.96 and a 200-day moving average of $14.07. Postal Realty Trust has a 12 month low of $12.98 and a 12 month high of $15.70.

Postal Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 8th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.96 annualized dividend and a yield of 6.94%. Postal Realty Trust’s dividend payout ratio is currently 872.73%.

Insider Activity

In related news, Treasurer Jeremy Garber sold 3,651 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $14.00, for a total value of $51,114.00. Following the sale, the treasurer now directly owns 233,020 shares of the company’s stock, valued at $3,262,280. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Andrew Spodek acquired 8,709 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average price of $13.50 per share, with a total value of $117,571.50. Following the acquisition, the chief executive officer now directly owns 246,227 shares in the company, valued at approximately $3,324,064.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Treasurer Jeremy Garber sold 3,651 shares of the business’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $14.00, for a total value of $51,114.00. Following the sale, the treasurer now owns 233,020 shares in the company, valued at approximately $3,262,280. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 19,819 shares of company stock worth $270,057. Insiders own 13.60% of the company’s stock.

Postal Realty Trust Company Profile

Postal Realty Trust, Inc (NYSE: PSTL) is an internally managed real estate investment trust that owns properties primarily leased to the United States Postal Service ("USPS"). PSTL is focused on acquiring the network of USPS properties, which provide a critical element of the nation's logistics infrastructure that facilitates cost effective and efficient last-mile delivery solutions.