Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $23.67 and last traded at $23.5060, with a volume of 16643 shares traded. The stock had previously closed at $23.27.
Analyst Ratings Changes
PSTL has been the subject of several research reports. Truist Financial set a $20.00 price target on shares of Postal Realty Trust and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Postal Realty Trust in a research report on Tuesday, April 14th. JPMorgan Chase & Co. upped their price target on shares of Postal Realty Trust from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Monday, March 16th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $24.00 price target on shares of Postal Realty Trust in a research report on Wednesday, February 25th. Finally, BMO Capital Markets raised shares of Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price target for the company in a research report on Friday, April 17th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.71.
View Our Latest Research Report on Postal Realty Trust
Postal Realty Trust Price Performance
Postal Realty Trust (NYSE:PSTL – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Postal Realty Trust had a net margin of 15.84% and a return on equity of 4.53%. The company 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. On average, equities analysts anticipate that Postal Realty Trust, Inc. will post 1.21 earnings per share for the current fiscal year.
Postal Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.245 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.98 dividend on an annualized basis and a yield of 4.2%. Postal Realty Trust’s dividend payout ratio is presently 192.16%.
Institutional Investors Weigh In On Postal Realty Trust
A number of hedge funds and other institutional investors have recently bought and sold shares of PSTL. Comerica Bank lifted its position in Postal Realty Trust by 151.0% during the first quarter. Comerica Bank now owns 4,287 shares of the company’s stock valued at $61,000 after acquiring an additional 2,579 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in 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 valued at $189,000 after acquiring an additional 844 shares during the last quarter. Millennium Management LLC lifted its position in Postal Realty Trust by 313.7% during the first 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 last quarter. Goldman Sachs Group Inc. lifted its position in Postal Realty Trust by 5.0% during the first 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 last quarter. Finally, Jane Street Group LLC lifted its position in Postal Realty Trust by 234.2% during the first quarter. Jane Street Group LLC now owns 61,517 shares of the company’s stock valued at $878,000 after acquiring 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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