Shares of Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $22.7083.
PSTL has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on Postal Realty Trust from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Monday, March 16th. Scotiabank boosted their price target on Postal Realty Trust from $23.00 to $26.00 and gave the stock an “outperform” rating in a research note on Tuesday. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Tuesday, April 14th. Zacks Research downgraded Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, BMO Capital Markets raised Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a report on Friday, April 17th.
Read Our Latest Stock Analysis on Postal Realty Trust
Postal Realty Trust Stock Down 1.4%
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, topping the consensus estimate of $0.10 by $0.01. Postal Realty Trust had a return on equity of 4.53% and a net margin of 15.84%.The firm had revenue of $26.65 million during the quarter, compared to analysts’ expectations of $25.43 million. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. Equities analysts forecast that Postal Realty Trust will post 1.21 earnings per share for the current fiscal 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 given a $0.245 dividend. This represents a $0.98 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, May 15th. Postal Realty Trust’s dividend payout ratio (DPR) is presently 192.16%.
Institutional Investors Weigh In On Postal Realty Trust
Hedge funds and other institutional investors have recently made changes to their positions in the business. Deroy & Devereaux Private Investment Counsel Inc. bought a new stake in Postal Realty Trust during the third quarter valued at approximately $2,433,000. JPMorgan Chase & Co. raised its position in Postal Realty Trust by 384.8% in the third quarter. JPMorgan Chase & Co. now owns 248,656 shares of the company’s stock worth $3,901,000 after acquiring an additional 197,361 shares during the period. Miller Global Investments LLC purchased a new position in shares of Postal Realty Trust during the 4th quarter worth $894,000. CSM Advisors LLC boosted its stake in shares of Postal Realty Trust by 60.3% during the 3rd quarter. CSM Advisors LLC now owns 388,200 shares of the company’s stock worth $6,091,000 after acquiring an additional 146,055 shares during the last quarter. Finally, Tred Avon Family Wealth LLC bought a new stake in shares of Postal Realty Trust during the 3rd quarter valued at $814,000. 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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