Analysts Set Postal Realty Trust, Inc. (NYSE:PSTL) PT at $23.38

Shares of Postal Realty Trust, Inc. (NYSE:PSTL) have received an average rating of “Moderate Buy” from the eight research firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $23.3750.

Several equities analysts recently commented on PSTL shares. Scotiabank cut their target price on shares of Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Truist Financial raised their price target on shares of Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a report on Friday, July 10th. BMO Capital Markets raised shares of Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a research report on Friday, April 17th. Finally, Stifel Nicolaus increased their target price on shares of Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a research note on Wednesday, May 6th.

Institutional Trading of Postal Realty Trust

A number of hedge funds have recently modified their holdings of the company. Invesco Ltd. grew its holdings in shares of Postal Realty Trust by 1,041.2% during the 4th quarter. Invesco Ltd. now owns 450,333 shares of the company’s stock worth $7,268,000 after purchasing an additional 410,871 shares in the last quarter. Millennium Management LLC raised its stake in shares of Postal Realty Trust by 313.7% in the first quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock valued at $5,405,000 after purchasing an additional 287,027 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Postal Realty Trust by 384.8% in the third quarter. JPMorgan Chase & Co. now owns 248,656 shares of the company’s stock worth $3,901,000 after purchasing an additional 197,361 shares during the period. Man Group plc bought a new position in Postal Realty Trust in the second quarter worth $2,590,000. Finally, DigitalBridge Group Inc. acquired a new stake in Postal Realty Trust during the fourth quarter worth $2,634,000. Institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Stock Performance

Shares of NYSE PSTL opened at $23.92 on Friday. Postal Realty Trust has a 12 month low of $13.59 and a 12 month high of $25.22. The company has a market cap of $660.56 million, a P/E ratio of 46.90 and a beta of 0.79. The business’s 50 day moving average is $23.69 and its two-hundred day moving average is $21.00. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.04.

Postal Realty Trust (NYSE:PSTL) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $26.65 million during the quarter, compared to analysts’ expectations of $25.43 million. Postal Realty Trust had a return on equity of 4.53% and a net margin of 15.84%.Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. On average, equities analysts expect that Postal Realty Trust will post 1.22 EPS for the current year.

Postal Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, May 15th. Postal Realty Trust’s payout ratio is currently 192.16%.

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.