Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 984,697 shares, a decline of 61.4% from the June 15th total of 2,553,704 shares. Approximately 4.1% of the company’s stock are short sold. Based on an average trading volume of 541,165 shares, the days-to-cover ratio is presently 1.8 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the stock. Quantinno Capital Management LP raised its stake in shares of Postal Realty Trust by 34.1% during the 1st quarter. Quantinno Capital Management LP now owns 93,279 shares of the company’s stock worth $1,731,000 after purchasing an additional 23,724 shares in the last quarter. Entropy Technologies LP acquired a new stake in shares of Postal Realty Trust in the 1st quarter valued at approximately $285,000. Renaissance Technologies LLC grew its stake in shares of Postal Realty Trust by 5.0% in the first quarter. Renaissance Technologies LLC now owns 444,155 shares of the company’s stock valued at $8,244,000 after buying an additional 21,125 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Postal Realty Trust by 247.6% in the first quarter. Public Employees Retirement System of Ohio now owns 28,311 shares of the company’s stock valued at $525,000 after buying an additional 20,166 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Postal Realty Trust by 0.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 218,679 shares of the company’s stock worth $4,059,000 after buying an additional 1,364 shares during the last quarter. 57.89% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research firms have issued reports on PSTL. Truist Financial increased their target price on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. BMO Capital Markets upgraded Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a report on Friday, April 17th. Scotiabank reduced their price objective on Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Stifel Nicolaus increased their price objective on Postal Realty Trust from $22.25 to $23.25 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Postal Realty Trust in a research report on Friday. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.38.
Postal Realty Trust Stock Up 0.6%
PSTL stock traded up $0.15 during midday trading on Wednesday, hitting $23.95. The company’s stock had a trading volume of 151,691 shares, compared to its average volume of 315,123. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.43 and a quick ratio of 1.43. Postal Realty Trust has a twelve month low of $13.59 and a twelve month high of $25.22. The company’s fifty day moving average price is $23.54 and its 200 day moving average price is $20.50. The stock has a market capitalization of $661.68 million, a P/E ratio of 46.97 and a beta of 0.79.
Postal Realty Trust (NYSE:PSTL – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $26.65 million for the quarter, compared to analysts’ expectations of $25.43 million. Postal Realty Trust had a net margin of 15.84% and a return on equity of 4.53%. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. As a group, equities research analysts predict that Postal Realty Trust will post 1.22 EPS for the current year.
Postal Realty Trust Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.245 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.98 annualized dividend and a yield of 4.1%. Postal Realty Trust’s dividend payout ratio is 192.16%.
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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