Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $24.49 and last traded at $24.18, with a volume of 264773 shares. The stock had previously closed at $24.05.
Wall Street Analysts Forecast Growth
PSTL has been the subject of a number of analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a report on Tuesday, April 14th. JPMorgan Chase & Co. upped their target price on Postal Realty Trust from $17.00 to $20.00 and gave the stock a “neutral” rating in a report on Monday, March 16th. Scotiabank upped their target price on Postal Realty Trust from $23.00 to $26.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Jefferies Financial Group restated a “buy” rating and set a $24.00 target price on shares of Postal Realty Trust in a report on Wednesday, February 25th. Finally, Zacks Research lowered Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Postal Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $22.71.
Read Our Latest Research Report on PSTL
Postal Realty Trust Stock Performance
Postal Realty Trust (NYSE:PSTL – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Postal Realty Trust had a return on equity of 4.53% and a net margin of 15.84%.The firm had revenue of $26.65 million during the quarter, compared to analyst estimates of $25.43 million. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. Research analysts forecast that Postal Realty Trust, Inc. will post 1.21 earnings per share for the current fiscal year.
Postal Realty Trust Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, May 15th. Postal Realty Trust’s payout ratio is currently 192.16%.
Institutional Trading of Postal Realty Trust
Several large investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its position in Postal Realty Trust by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 580,563 shares of the company’s stock worth $9,373,000 after purchasing an additional 11,230 shares during the last quarter. North Star Investment Management Corp. raised its stake in Postal Realty Trust by 3.5% in the 4th quarter. North Star Investment Management Corp. now owns 513,363 shares of the company’s stock worth $8,286,000 after acquiring an additional 17,198 shares during the last quarter. CSM Advisors LLC raised its stake in Postal Realty Trust by 21.3% in the 4th quarter. CSM Advisors LLC now owns 470,745 shares of the company’s stock worth $7,598,000 after acquiring an additional 82,545 shares during the last quarter. Invesco Ltd. raised its stake in Postal Realty Trust by 1,041.2% in the 4th quarter. Invesco Ltd. now owns 450,333 shares of the company’s stock worth $7,268,000 after acquiring an additional 410,871 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in Postal Realty Trust by 5.0% in the 1st quarter. Renaissance Technologies LLC now owns 444,155 shares of the company’s stock worth $8,244,000 after acquiring an additional 21,125 shares during the last quarter. Hedge funds and other 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.
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