Postal Realty Trust (NYSE:PSTL – Free Report) had its price objective hoisted by Scotiabank from $25.00 to $26.00 in a report issued on Tuesday,Benzinga reports. They currently have a sector outperform rating on the stock.
Several other research firms have also recently commented on PSTL. Zacks Research cut shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Truist Financial boosted their price objective on shares of Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Postal Realty Trust in a report on Friday, July 10th. Stifel Nicolaus increased their price objective on Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lifted their target price on Postal Realty Trust from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, August 26th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Postal Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $24.38.
Get Our Latest Stock Analysis on PSTL
Postal Realty Trust Stock Down 0.3%
Postal Realty Trust (NYSE:PSTL – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. Postal Realty Trust had a net margin of 16.42% and a return on equity of 4.63%. The firm had revenue of $28.58 million during the quarter, compared to analysts’ expectations of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. On average, research analysts expect that Postal Realty Trust will post 1.23 earnings per share for the current fiscal year.
Postal Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were given a dividend of $0.245 per share. The ex-dividend date was Friday, August 14th. This represents a $0.98 annualized dividend and a dividend yield of 4.1%. Postal Realty Trust’s payout ratio is currently 181.48%.
Hedge Funds Weigh In On Postal Realty Trust
Several large investors have recently bought and sold shares of the business. California State Teachers Retirement System boosted its stake in Postal Realty Trust by 536.1% in the second quarter. California State Teachers Retirement System now owns 8,575 shares of the company’s stock valued at $211,000 after acquiring an additional 7,227 shares during the last quarter. Nilsine Partners LLC grew its holdings in Postal Realty Trust by 7.2% during the 2nd quarter. Nilsine Partners LLC now owns 45,344 shares of the company’s stock worth $1,117,000 after acquiring an additional 3,042 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Postal Realty Trust during the 2nd quarter valued at $264,000. Public Employees Retirement System of Ohio bought a new stake in shares of Postal Realty Trust during the 2nd quarter valued at $736,000. Finally, Ancora Advisors LLC bought a new stake in shares of Postal Realty Trust during the 2nd quarter valued at $3,789,000. 57.89% of the stock is currently owned by institutional investors and hedge funds.
Postal Realty Trust Company Profile
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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