Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $21.66 and last traded at $21.5750, with a volume of 67810 shares trading hands. The stock had previously closed at $21.17.
Analyst Ratings Changes
Several equities analysts have recently commented on PSTL shares. JPMorgan Chase & Co. upped 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. Truist Financial set a $20.00 price target on shares of Postal Realty Trust and gave the company a “buy” rating in a research report on Tuesday, January 20th. BMO Capital Markets upgraded shares of 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Postal Realty Trust in a research report on Tuesday, April 14th. Finally, Zacks Research cut shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.95.
Check Out Our Latest Research Report on PSTL
Postal Realty Trust Price 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 analysts’ consensus estimates of $0.33 by ($0.18). The business had revenue of $26.00 million during 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. On average, equities analysts anticipate that Postal Realty Trust, Inc. will post 1.21 EPS for the current year.
Postal Realty Trust Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 4.5%. This is a boost from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date was Friday, February 13th. Postal Realty Trust’s dividend payout ratio is currently 213.04%.
Institutional Investors Weigh In On Postal Realty Trust
Hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new stake in Postal Realty Trust in the fourth quarter worth about $27,000. Strs Ohio purchased a new stake in shares of Postal Realty Trust during the first quarter valued at approximately $54,000. Federated Hermes Inc. grew its holdings in shares of Postal Realty Trust by 1,156.7% during the second quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock valued at $56,000 after buying an additional 3,470 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Postal Realty Trust by 360.0% during the second quarter. Tower Research Capital LLC TRC now owns 3,882 shares of the company’s stock valued at $57,000 after buying an additional 3,038 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of Postal Realty Trust by 73.7% during the fourth quarter. Parallel Advisors LLC now owns 3,760 shares of the company’s stock valued at $61,000 after buying an additional 1,595 shares during the last quarter. Hedge funds and other 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.
Further Reading
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