Postal Realty Trust (NYSE:PSTL) Downgraded to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Postal Realty Trust (NYSE:PSTL) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

PSTL has been the topic of a number of other research reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Postal Realty Trust in a report on Wednesday, February 25th. JPMorgan Chase & Co. boosted their target price on shares of Postal Realty Trust from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Truist Financial set a $20.00 target price on shares of Postal Realty Trust and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $20.44.

Postal Realty Trust Trading Down 3.4%

NYSE:PSTL opened at $19.04 on Monday. The firm has a market capitalization of $522.95 million, a P/E ratio of 41.38 and a beta of 0.71. The business has a 50 day simple moving average of $18.74 and a 200 day simple moving average of $16.66. 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 12-month low of $12.26 and a 12-month high of $21.13.

Postal Realty Trust (NYSE:PSTL) last issued its 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 company had revenue of $26.00 million during the quarter, compared to analyst estimates of $24.64 million. Postal Realty Trust had a return on equity of 4.20% and a net margin of 14.77%.Postal Realty Trust has set its FY 2026 guidance at 1.390-1.41 EPS. Equities research analysts predict that Postal Realty Trust will post 0.84 EPS for the current year.

Postal Realty Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 5.1%. This is a positive change from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, February 13th. Postal Realty Trust’s dividend payout ratio is 213.04%.

Institutional Investors Weigh In On Postal Realty Trust

Several institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC bought a new position in Postal Realty Trust in the 4th quarter valued at about $27,000. Ameritas Investment Partners Inc. increased its stake in Postal Realty Trust by 45.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,258 shares of the company’s stock valued at $33,000 after buying an additional 710 shares during the period. Strs Ohio bought a new stake in shares of Postal Realty Trust during the 1st quarter worth about $54,000. Federated Hermes Inc. raised its position in shares of Postal Realty Trust by 1,156.7% during the 2nd quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock worth $56,000 after buying an additional 3,470 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Postal Realty Trust by 360.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,882 shares of the company’s stock worth $57,000 after acquiring an additional 3,038 shares during the period. Institutional investors and hedge funds own 57.89% of the company’s stock.

About Postal Realty Trust

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.