Postal Realty Trust (NYSE:PSTL – Free Report) had its target price hoisted by Stifel Nicolaus from $22.25 to $23.25 in a research note issued to investors on Wednesday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.
A number of other equities research analysts also recently weighed in on the stock. BMO Capital Markets upgraded shares of Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a research note on Friday, April 17th. Jefferies Financial Group restated a “buy” rating and issued a $24.00 price target on shares of Postal Realty Trust in a research note on Wednesday, February 25th. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Tuesday, April 14th. Zacks Research downgraded shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Scotiabank assumed coverage on shares of Postal Realty Trust in a research note on Monday. They issued a “sector outperform” rating and a $23.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.21.
Get Our Latest Analysis on Postal Realty Trust
Postal Realty Trust Trading Up 1.8%
Postal Realty Trust (NYSE:PSTL – Get Free Report) last posted its quarterly 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. Postal Realty Trust had a net margin of 15.84% and a return on equity of 4.53%. The company had revenue of $26.65 million for 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 fiscal year.
Postal Realty Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, May 15th. Postal Realty Trust’s dividend payout ratio (DPR) is 192.16%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in PSTL. Comerica Bank raised its holdings in Postal Realty Trust by 151.0% in the 1st quarter. Comerica Bank now owns 4,287 shares of the company’s stock valued at $61,000 after buying an additional 2,579 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Postal Realty Trust by 6.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,204 shares of the company’s stock worth $189,000 after buying an additional 844 shares during the last quarter. Millennium Management LLC raised its stake in Postal Realty Trust by 313.7% during the first quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock worth $5,405,000 after buying an additional 287,027 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Postal Realty Trust by 5.0% during the first quarter. Goldman Sachs Group Inc. now owns 99,179 shares of the company’s stock worth $1,416,000 after buying an additional 4,759 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in Postal Realty Trust by 234.2% during the first quarter. Jane Street Group LLC now owns 61,517 shares of the company’s stock worth $878,000 after buying an additional 43,111 shares during the last quarter. Institutional investors 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.
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