Shares of Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $23.88 and last traded at $23.7130, with a volume of 3633 shares trading hands. The stock had previously closed at $23.70.
Analyst Ratings Changes
Several research analysts have recently weighed in on PSTL shares. JPMorgan Chase & Co. upped their target price on shares of Postal Realty Trust from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday, March 16th. Scotiabank raised their price objective on Postal Realty Trust from $23.00 to $26.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Jefferies Financial Group restated a “buy” rating and set a $24.00 price objective on shares of Postal Realty Trust in a report on Wednesday, February 25th. BMO Capital Markets raised Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a research report on Friday, April 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Tuesday, April 14th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $22.71.
View Our Latest Stock Report on PSTL
Postal Realty Trust Trading Up 0.6%
Postal Realty Trust (NYSE:PSTL – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $26.65 million during 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. Equities analysts expect that Postal Realty Trust, Inc. will post 1.21 EPS for the current year.
Postal Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, May 15th. Postal Realty Trust’s dividend payout ratio (DPR) is currently 192.16%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of PSTL. Kestra Advisory Services LLC bought a new position in Postal Realty Trust during the 4th quarter worth approximately $27,000. Strs Ohio bought a new position in Postal Realty Trust during the 1st quarter worth approximately $54,000. Federated Hermes Inc. lifted its holdings 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 worth $56,000 after buying an additional 3,470 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Postal Realty Trust by 360.0% during 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 last quarter. Finally, Parallel Advisors LLC lifted its holdings in Postal Realty Trust by 73.7% during 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 during the last quarter. 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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