Postal Realty Trust, Inc. (PSTL) – What Are Analysts Saying About This Stock?

Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $25.38.

PSTL has been the topic of a number of research analyst reports. BMO Capital Markets raised their price target on Postal Realty Trust from $28.00 to $29.00 and gave the company an “outperform” rating in a report on Monday, September 14th. Zacks Research downgraded shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Weiss Ratings downgraded shares of Postal Realty Trust from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, October 6th. Scotiabank reiterated an “outperform” rating on shares of Postal Realty Trust in a research report on Tuesday, September 1st. Finally, JPMorgan Chase & Co. raised their target price on shares of Postal Realty Trust from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, August 26th.

Read Our Latest Research Report on PSTL

Postal Realty Trust Stock Performance

Shares of PSTL stock opened at $22.17 on Monday. Postal Realty Trust has a 12-month low of $15.02 and a 12-month high of $25.22. The firm has a market capitalization of $612.42 million, a price-to-earnings ratio of 38.90 and a beta of 0.81. The business has a 50 day simple moving average of $22.74 and a 200 day simple moving average of $21.85. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.38 and a quick ratio of 1.38.

Postal Realty Trust (NYSE:PSTL – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.03). Postal Realty Trust had a net margin of 17.15% and a return on equity of 4.64%. The business had revenue of $30.28 million for the quarter, compared to the consensus estimate of $28.83 million. On average, equities research analysts anticipate that Postal Realty Trust will post 1.23 EPS for the current year.

Postal Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be paid a $0.2450 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, November 13th. Postal Realty Trust’s dividend payout ratio is currently 171.93%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PSTL. Allworth Financial LP grew its holdings in Postal Realty Trust by 284.7% during the third quarter. Allworth Financial LP now owns 4,978 shares of the company’s stock worth $123,000 after acquiring an additional 3,684 shares during the period. Eurizon Capital SGR S.p.A. raised its position in Postal Realty Trust by 9.9% in the third quarter. Eurizon Capital SGR S.p.A. now owns 10,076 shares of the company’s stock worth $235,000 after acquiring an additional 910 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Postal Realty Trust by 4.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 38,874 shares of the company’s stock worth $876,000 after acquiring an additional 1,537 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Postal Realty Trust by 6.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 31,083 shares of the company’s stock valued at $711,000 after purchasing an additional 1,776 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC bought a new position in shares of Postal Realty Trust during the 3rd quarter valued at about $242,000. 57.89% of the stock is currently owned by institutional investors.

Postal Realty Trust Company Profile

(Get Free Report)

Postal Realty Trust, Inc (NYSE:PSTL) is a real estate investment trust focused on acquiring, owning, managing and developing properties that are leased primarily to the United States Postal Service. Its portfolio is concentrated in postal facilities, including post offices and other properties used for postal operations.

The company generally leases its properties under long-term agreements, allowing it to generate rental income from a specialized portfolio of mission-critical facilities.

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Analyst Recommendations for Postal Realty Trust (NYSE:PSTL)

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