Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday after the company announced better than expected quarterly earnings. The stock traded as high as $22.37 and last traded at $22.3210, with a volume of 92743 shares trading hands. The stock had previously closed at $21.84.
The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $26.65 million for the quarter, compared to analysts’ expectations of $25.43 million. Postal Realty Trust had a net margin of 14.77% and a return on equity of 4.20%. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS.
Analysts Set New Price Targets
PSTL has been the topic of several research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Postal Realty Trust in a report on Tuesday, April 14th. Scotiabank started coverage on shares of Postal Realty Trust in a research report on Monday. They set a “sector outperform” rating and a $23.00 target price on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $24.00 price target on shares of Postal Realty Trust in a research note on Wednesday, February 25th. BMO Capital Markets raised Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a research report on Friday, April 17th. Finally, Zacks Research downgraded Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $21.29.
Institutional Trading of Postal Realty Trust
Large investors have recently made changes to their positions in the company. Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in shares of Postal Realty Trust during the 3rd quarter worth approximately $2,433,000. JPMorgan Chase & Co. boosted its position in shares of Postal Realty Trust by 384.8% during the 3rd 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 in the last quarter. Canton Hathaway LLC acquired a new stake in shares of Postal Realty Trust during the 3rd quarter worth approximately $590,000. Miller Global Investments LLC acquired a new stake in shares of Postal Realty Trust during the 4th quarter worth approximately $894,000. Finally, CSM Advisors LLC boosted its position 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 in the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.
Postal Realty Trust Price Performance
The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.00. The firm has a market cap of $615.45 million, a price-to-earnings ratio of 48.71 and a beta of 0.78. The company’s 50-day moving average is $19.80 and its 200-day moving average is $17.58.
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.
Further Reading
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