Postal Realty Trust (NYSE:PSTL) Upgraded by Scotiabank to “Strong-Buy” Rating

Postal Realty Trust (NYSE:PSTLGet Free Report) was upgraded by equities researchers at Scotiabank to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on PSTL. Zacks Research cut shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Postal Realty Trust in a research report on Tuesday, April 14th. Truist Financial set a $20.00 price objective on shares of Postal Realty Trust and gave the stock a “buy” rating in a research note on Tuesday, January 20th. 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 report on Friday, April 17th. Finally, Jefferies Financial Group restated a “buy” rating and set a $24.00 target price on shares of Postal Realty Trust in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Postal Realty Trust currently has an average rating of “Moderate Buy” and a consensus target price of $21.29.

Check Out Our Latest Research Report on Postal Realty Trust

Postal Realty Trust Price Performance

Shares of NYSE PSTL opened at $22.41 on Monday. The firm has a market cap of $615.52 million, a P/E ratio of 48.71 and a beta of 0.78. The business’s 50 day moving average is $19.87 and its 200-day moving average is $17.63. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.00. Postal Realty Trust has a 1-year low of $12.50 and a 1-year high of $22.53.

Postal Realty Trust (NYSE:PSTLGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. Postal Realty Trust had a return on equity of 4.20% and a net margin of 14.77%.The business had revenue of $26.65 million during the quarter, compared to the consensus estimate of $25.43 million. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. Equities research analysts predict that Postal Realty Trust will post 1.21 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PSTL. Sumitomo Mitsui Trust Group Inc. grew its stake in Postal Realty Trust by 3.0% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 23,238 shares of the company’s stock worth $375,000 after buying an additional 670 shares in the last quarter. Mendel Money Management raised its position in shares of Postal Realty Trust by 3.4% in the 4th quarter. Mendel Money Management now owns 21,716 shares of the company’s stock valued at $350,000 after buying an additional 705 shares in the last quarter. First Wilshire Securities Management Inc. lifted its holdings in shares of Postal Realty Trust by 4.7% during the 4th quarter. First Wilshire Securities Management Inc. now owns 16,080 shares of the company’s stock worth $260,000 after acquiring an additional 721 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Postal Realty Trust by 4.8% during the 2nd quarter. Franklin Resources Inc. now owns 15,983 shares of the company’s stock worth $235,000 after acquiring an additional 736 shares during the period. Finally, Ieq Capital LLC boosted its position in shares of Postal Realty Trust by 7.1% during the 4th quarter. Ieq Capital LLC now owns 12,518 shares of the company’s stock worth $202,000 after acquiring an additional 827 shares in the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

More Postal Realty Trust News

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About Postal Realty Trust

(Get Free Report)

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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Analyst Recommendations for Postal Realty Trust (NYSE:PSTL)

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