Postal Realty Trust (NYSE:PSTL – Get Free Report) had its target price increased by investment analysts at JPMorgan Chase & Co. from $23.00 to $25.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 6.05% from the company’s current price.
Other research analysts also recently issued research reports about the company. Scotiabank dropped their price objective on Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Friday, July 10th. Truist Financial upped their price target on Postal Realty Trust from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Stifel Nicolaus increased their price target on shares of Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Zacks Research raised shares of Postal Realty Trust from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $24.21.
Check Out Our Latest Stock Analysis on PSTL
Postal Realty Trust Stock Performance
Postal Realty Trust (NYSE:PSTL – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The company had revenue of $28.58 million for the quarter, compared to analysts’ expectations of $26.27 million. Postal Realty Trust had a return on equity of 4.63% and a net margin of 16.42%.Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. On average, sell-side analysts anticipate that Postal Realty Trust will post 1.22 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in PSTL. Comerica Bank lifted its stake in Postal Realty Trust by 151.0% in the first 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. grew its position in shares of 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 acquiring an additional 844 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Postal Realty Trust by 313.7% in the 1st quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock valued at $5,405,000 after acquiring an additional 287,027 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Postal Realty Trust by 5.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 99,179 shares of the company’s stock valued at $1,416,000 after acquiring an additional 4,759 shares during the period. Finally, Jane Street Group LLC raised its position in Postal Realty Trust by 234.2% in the 1st quarter. Jane Street Group LLC now owns 61,517 shares of the company’s stock valued at $878,000 after purchasing an additional 43,111 shares during the last quarter. Hedge funds and other 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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