Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report)’s stock price reached a new 52-week high on Friday . The company traded as high as $21.28 and last traded at $21.2150, with a volume of 282078 shares traded. The stock had previously closed at $19.88.
Analyst Ratings Changes
A number of equities research analysts recently commented on PSTL shares. Truist Financial set a $20.00 price objective on shares of Postal Realty Trust and gave the company a “buy” rating in a research note on Tuesday, January 20th. JPMorgan Chase & Co. increased their price objective on shares of Postal Realty Trust from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday, March 16th. Zacks Research cut shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. BMO Capital Markets raised shares of Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a research note on Friday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Postal Realty Trust in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.95.
Get Our Latest Report on Postal Realty Trust
Postal Realty Trust Stock Performance
Postal Realty Trust (NYSE:PSTL – Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.18). The company had revenue of $26.00 million for the quarter, compared to analysts’ expectations of $24.64 million. Postal Realty Trust had a return on equity of 4.20% and a net margin of 14.77%.Postal Realty Trust has set its FY 2026 guidance at 1.390-1.41 EPS. As a group, equities analysts predict that Postal Realty Trust, Inc. will post 0.84 earnings per share for the current year.
Postal Realty Trust Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Friday, February 13th. This is an increase from Postal Realty Trust’s previous quarterly dividend of $0.24. Postal Realty Trust’s payout ratio is currently 213.04%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Postal Realty Trust by 3.0% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 23,238 shares of the company’s stock worth $375,000 after acquiring an additional 670 shares during the period. Mendel Money Management raised its holdings in Postal Realty Trust by 3.4% in the fourth quarter. Mendel Money Management now owns 21,716 shares of the company’s stock valued at $350,000 after buying an additional 705 shares during the period. First Wilshire Securities Management Inc. raised its holdings in Postal Realty Trust by 4.7% in the fourth quarter. First Wilshire Securities Management Inc. now owns 16,080 shares of the company’s stock valued at $260,000 after buying an additional 721 shares during the period. Franklin Resources Inc. raised its holdings in Postal Realty Trust by 4.8% in the second quarter. Franklin Resources Inc. now owns 15,983 shares of the company’s stock valued at $235,000 after buying an additional 736 shares during the period. Finally, Ieq Capital LLC raised its holdings in Postal Realty Trust by 7.1% in the fourth quarter. Ieq Capital LLC now owns 12,518 shares of the company’s stock valued at $202,000 after buying an additional 827 shares during the period. 57.89% of the stock is currently owned by hedge funds and other institutional investors.
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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