Scotiabank Cuts Postal Realty Trust (NYSE:PSTL) Price Target to $25.00

Postal Realty Trust (NYSE:PSTL) had its target price cut by Scotiabank from $26.00 to $25.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “sector outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 11.63% from the company’s current price.

PSTL has been the topic of a number of other reports. Zacks Research cut shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Stifel Nicolaus lifted their target price on shares of Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a report on Wednesday, May 6th. Truist Financial lifted their target price on shares of Postal Realty Trust from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. BMO Capital Markets raised shares of Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Postal Realty Trust from $17.00 to $20.00 and gave the company a “neutral” rating in a report on Monday, March 16th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Postal Realty Trust has an average rating of “Moderate Buy” and an average target price of $23.38.

Postal Realty Trust Stock Performance

Shares of Postal Realty Trust stock traded down $0.15 during trading on Thursday, reaching $22.40. The company’s stock had a trading volume of 52,517 shares, compared to its average volume of 296,944. The company has a 50-day moving average price of $22.28 and a two-hundred day moving average price of $19.36. The firm has a market cap of $618.55 million, a PE ratio of 43.91 and a beta of 0.79. Postal Realty Trust has a fifty-two week low of $13.59 and a fifty-two week high of $24.49. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.04.

Postal Realty Trust (NYSE:PSTL) last announced its earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The business 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 15.84% and a return on equity of 4.53%. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. On average, analysts forecast that Postal Realty Trust will post 1.22 EPS for the current year.

Institutional Investors Weigh In On Postal Realty Trust

Several institutional investors have recently made changes to their positions in PSTL. Comerica Bank boosted its position in shares of Postal Realty Trust by 151.0% during the 1st quarter. Comerica Bank now owns 4,287 shares of the company’s stock worth $61,000 after purchasing an additional 2,579 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Postal Realty Trust by 6.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,204 shares of the company’s stock worth $189,000 after purchasing an additional 844 shares in the last quarter. Millennium Management LLC boosted its position in shares of Postal Realty Trust by 313.7% during the 1st quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock worth $5,405,000 after purchasing an additional 287,027 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Postal Realty Trust by 5.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 99,179 shares of the company’s stock worth $1,416,000 after purchasing an additional 4,759 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Postal Realty Trust by 234.2% in the 1st quarter. Jane Street Group LLC now owns 61,517 shares of the company’s stock worth $878,000 after buying an additional 43,111 shares in the last quarter. 57.89% of the stock is currently owned by hedge funds and other institutional investors.

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.