Postal Realty Trust (NYSE:PSTL) Given New $20.00 Price Target at JPMorgan Chase & Co.

Postal Realty Trust (NYSE:PSTL) had its target price raised by JPMorgan Chase & Co. from $17.00 to $20.00 in a report released on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other research analysts have also weighed in on PSTL. Truist Financial set a $20.00 target price on Postal Realty Trust and gave the company a “buy” rating in a report on Tuesday, January 20th. Jefferies Financial Group reiterated a “buy” rating and set a $24.00 price target on shares of Postal Realty Trust in a report on Wednesday, February 25th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $20.44.

Postal Realty Trust Trading Up 2.2%

PSTL opened at $19.68 on Monday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.21 and a quick ratio of 1.21. Postal Realty Trust has a fifty-two week low of $12.26 and a fifty-two week high of $21.13. The firm has a market capitalization of $540.58 million, a PE ratio of 42.78 and a beta of 0.71. The company’s 50-day moving average is $18.61 and its 200 day moving average is $16.62.

Postal Realty Trust (NYSE:PSTL) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.18). The business had revenue of $25.40 million during the quarter, compared to the consensus estimate of $24.64 million. Postal Realty Trust had a net margin of 14.77% and a return on equity of 4.20%. Postal Realty Trust has set its FY 2026 guidance at 1.390-1.41 EPS. As a group, research analysts predict that Postal Realty Trust will post 0.84 earnings per share for the current fiscal year.

Postal Realty Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were paid a $0.245 dividend. This is a positive change from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date was Friday, February 13th. This represents a $0.98 annualized dividend and a yield of 5.0%. Postal Realty Trust’s dividend payout ratio (DPR) is 213.04%.

Hedge Funds Weigh In On Postal Realty Trust

Several hedge funds have recently modified their holdings of the company. Comerica Bank boosted its stake in shares of Postal Realty Trust by 151.0% in the 1st quarter. Comerica Bank now owns 4,287 shares of the company’s stock worth $61,000 after buying an additional 2,579 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Postal Realty Trust by 6.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,204 shares of the company’s stock valued at $189,000 after acquiring an additional 844 shares during the last quarter. Millennium Management LLC increased its position in shares of Postal Realty Trust by 313.7% during the first quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock valued at $5,405,000 after acquiring an additional 287,027 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Postal Realty Trust by 5.0% during the first quarter. Goldman Sachs Group Inc. now owns 99,179 shares of the company’s stock worth $1,416,000 after acquiring an additional 4,759 shares during the period. Finally, Jane Street Group LLC lifted its holdings in Postal Realty Trust by 234.2% during the first quarter. Jane Street Group LLC now owns 61,517 shares of the company’s stock worth $878,000 after acquiring an additional 43,111 shares during the period. Institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Company Profile

Postal Realty Trust is a real estate investment trust that acquires, owns and manages single-tenant commercial properties net-leased primarily to the United States Postal Service and other government agencies. The trust focuses on facilities that support mail processing, distribution and retail operations, targeting assets that offer long-term, inflation-protected lease structures.

The company’s portfolio includes post offices, distribution centers and mail processing facilities located throughout the contiguous United States.