Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 354,701 shares, a growth of 56.4% from the December 15th total of 226,729 shares. Based on an average trading volume of 246,370 shares, the short-interest ratio is presently 1.4 days. Currently, 1.6% of the shares of the company are short sold. Currently, 1.6% of the shares of the company are short sold. Based on an average trading volume of 246,370 shares, the short-interest ratio is presently 1.4 days.
Analyst Ratings Changes
PSTL has been the topic of several research analyst reports. Wall Street Zen lowered Postal Realty Trust from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. JPMorgan Chase & Co. upped their price target on shares of Postal Realty Trust from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Tuesday, September 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of Postal Realty Trust in a research note on Wednesday, October 8th. Finally, Truist Financial lifted their price target on shares of Postal Realty Trust from $16.00 to $18.00 and gave the company a “hold” rating in a research report on Wednesday, December 17th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $17.58.
View Our Latest Research Report on Postal Realty Trust
Postal Realty Trust Trading Up 0.9%
Postal Realty Trust (NYSE:PSTL – Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.18). Postal Realty Trust had a return on equity of 4.29% and a net margin of 15.36%.The firm had revenue of $24.33 million for the quarter, compared to analysts’ expectations of $22.46 million. Postal Realty Trust has set its FY 2025 guidance at 1.300-1.32 EPS. On average, research analysts predict that Postal Realty Trust will post 0.84 EPS for the current year.
Postal Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Tuesday, November 4th were paid a $0.2425 dividend. This represents a $0.97 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Tuesday, November 4th. Postal Realty Trust’s dividend payout ratio is presently 202.08%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of PSTL. Cullen Frost Bankers Inc. raised its stake in Postal Realty Trust by 225.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,026 shares of the company’s stock worth $30,000 after acquiring an additional 1,403 shares during the last quarter. CWM LLC grew its position in shares of Postal Realty Trust by 195.5% in the second quarter. CWM LLC now owns 2,237 shares of the company’s stock valued at $33,000 after purchasing an additional 1,480 shares during the period. 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 worth $33,000 after buying an additional 710 shares in the last quarter. Strs Ohio purchased a new position in Postal Realty Trust in the 1st quarter valued at $54,000. Finally, Federated Hermes Inc. grew its stake in Postal Realty Trust by 1,156.7% during the 2nd quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock valued at $56,000 after acquiring an additional 3,470 shares in the last quarter. 57.89% of the stock is currently owned by institutional investors.
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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