Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 984,697 shares, a drop of 61.4% from the June 15th total of 2,553,704 shares. Based on an average trading volume of 541,165 shares, the short-interest ratio is presently 1.8 days. Currently, 4.1% of the company’s stock are sold short.
Wall Street Analyst Weigh In
PSTL has been the topic of several analyst reports. JPMorgan Chase & Co. upped their price objective on Postal Realty Trust from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Monday, March 16th. Scotiabank decreased their price target on 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. Stifel Nicolaus upped their price target on Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a report on Wednesday, May 6th. BMO Capital Markets raised Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a research report on Friday, April 17th. Finally, Zacks Research downgraded Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.38.
Read Our Latest Analysis on PSTL
Postal Realty Trust Stock Performance
Postal Realty Trust (NYSE:PSTL – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $26.65 million for the quarter, compared to the consensus estimate 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. Analysts anticipate that Postal Realty Trust will post 1.22 EPS for the current year.
Postal Realty Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a $0.245 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.1%. Postal Realty Trust’s dividend payout ratio (DPR) is presently 192.16%.
Institutional Trading of Postal Realty Trust
Several large investors have recently added to or reduced their stakes in PSTL. Kestra Advisory Services LLC purchased a new position in shares of Postal Realty Trust during the 4th quarter worth $27,000. Strs Ohio purchased a new position in shares of Postal Realty Trust during the 1st quarter valued at $54,000. Federated Hermes Inc. boosted its holdings in Postal Realty Trust by 1,156.7% in 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 during the period. Tower Research Capital LLC TRC boosted its holdings in 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 buying an additional 3,038 shares during the period. Finally, Parallel Advisors LLC increased its stake in Postal Realty Trust by 73.7% in the 4th quarter. Parallel Advisors LLC now owns 3,760 shares of the company’s stock worth $61,000 after buying an additional 1,595 shares in the last quarter. 57.89% of the stock is currently owned by institutional investors.
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.
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