Postal Realty Trust (NYSE:PSTL) Lowered to Hold Rating by Zacks Research

Zacks Research downgraded shares of Postal Realty Trust (NYSE:PSTL) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other research analysts have also recently issued reports on PSTL. Truist Financial lifted their target price on Postal Realty Trust from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Stifel Nicolaus increased their price target 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. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Friday, July 10th. JPMorgan Chase & Co. lifted their price objective on shares of Postal Realty Trust from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Scotiabank reduced their target price on shares of Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Six research analysts have rated the stock with a Buy rating and two have given 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 a consensus target price of $24.21.

Postal Realty Trust Price Performance

Shares of NYSE PSTL opened at $23.83 on Tuesday. Postal Realty Trust has a fifty-two week low of $14.25 and a fifty-two week high of $25.22. The stock has a market cap of $658.28 million, a price-to-earnings ratio of 44.13 and a beta of 0.79. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.50 and a current ratio of 1.50. The firm’s 50-day simple moving average is $23.61 and its 200 day simple moving average is $21.85.

Postal Realty Trust (NYSE:PSTL) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. The firm had revenue of $28.58 million during the quarter, compared to analyst estimates of $26.27 million. Postal Realty Trust had a return on equity of 4.63% and a net margin of 16.42%.Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. As a group, research analysts anticipate that Postal Realty Trust will post 1.22 earnings per share for the current fiscal year.

Postal Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a $0.245 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.98 annualized dividend and a yield of 4.1%. Postal Realty Trust’s payout ratio is currently 181.48%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PSTL. Invesco Ltd. grew its position in Postal Realty Trust by 1,041.2% during the fourth quarter. Invesco Ltd. now owns 450,333 shares of the company’s stock valued at $7,268,000 after buying an additional 410,871 shares during the period. Millennium Management LLC raised its position in Postal Realty Trust by 313.7% in the first quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock worth $5,405,000 after acquiring an additional 287,027 shares during the period. JPMorgan Chase & Co. raised its position in Postal Realty Trust by 384.8% in the third 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 during the period. Man Group plc bought a new stake in Postal Realty Trust in the second quarter worth about $2,590,000. Finally, DigitalBridge Group Inc. purchased a new position in Postal Realty Trust in the fourth quarter valued at about $2,634,000. Institutional investors own 57.89% of the company’s stock.

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.