Postal Realty Trust, Inc. (NYSE:PSTL) Receives $23.38 Consensus Target Price from Brokerages

Postal Realty Trust, Inc. (NYSE:PSTL) has received an average rating of “Buy” from the eight research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $23.3750.

Several equities research analysts recently issued reports on PSTL shares. Zacks Research raised Postal Realty Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Scotiabank dropped their price objective on 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. Stifel Nicolaus raised their target price on Postal Realty Trust from $22.25 to $23.25 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. BMO Capital Markets upgraded shares of Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a report on Friday, April 17th. Finally, Truist Financial raised their target price on Postal Realty Trust from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th.

Postal Realty Trust Stock Down 0.0%

PSTL stock opened at $23.02 on Friday. Postal Realty Trust has a fifty-two week low of $13.59 and a fifty-two week high of $25.22. The stock’s 50 day simple moving average is $23.67 and its 200 day simple moving average is $21.16. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market cap of $635.90 million, a P/E ratio of 45.14 and a beta of 0.79.

Postal Realty Trust (NYSE:PSTL) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Postal Realty Trust had a net margin of 15.84% and a return on equity of 4.53%. The company had revenue of $26.65 million for the quarter, compared to analyst estimates of $25.43 million. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. On average, research analysts expect that Postal Realty Trust will post 1.22 earnings per share for the current fiscal year.

Postal Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, May 15th. Postal Realty Trust’s payout ratio is 192.16%.

Hedge Funds Weigh In On Postal Realty Trust

Large investors have recently made changes to their positions in the business. Invesco Ltd. boosted its stake 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 last quarter. Millennium Management LLC lifted its holdings in shares of Postal Realty Trust by 313.7% in the 1st 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 last quarter. JPMorgan Chase & Co. grew its stake in shares of Postal Realty Trust by 384.8% during the third quarter. JPMorgan Chase & Co. now owns 248,656 shares of the company’s stock valued at $3,901,000 after buying an additional 197,361 shares during the last quarter. Man Group plc purchased a new stake in Postal Realty Trust in the second quarter worth $2,590,000. Finally, DigitalBridge Group Inc. bought a new stake in Postal Realty Trust during the 4th quarter valued at about $2,634,000. 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.