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

Postal Realty Trust (NYSE:PSTL) had its target price increased by JPMorgan Chase & Co. from $23.00 to $25.00 in a report issued on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other brokerages also recently commented on PSTL. Stifel Nicolaus lifted their target price on shares of Postal Realty Trust from $22.25 to $23.25 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Truist Financial raised their price objective on shares of Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Postal Realty Trust in a research report on Friday, July 10th. Zacks Research raised Postal Realty Trust from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, Scotiabank decreased their price target on shares of Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $24.21.

Postal Realty Trust Stock Performance

Shares of PSTL opened at $23.80 on Wednesday. The company has a market cap of $657.36 million, a PE ratio of 44.07 and a beta of 0.79. The firm has a 50-day moving average of $23.64 and a 200-day moving average of $21.89. Postal Realty Trust has a one year low of $14.25 and a one year high of $25.22. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.50 and a quick ratio of 1.50.

Postal Realty Trust (NYSE:PSTL) last issued its earnings results on Tuesday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Postal Realty Trust had a net margin of 16.42% and a return on equity of 4.63%. The company had revenue of $28.58 million for the quarter, compared to analysts’ expectations of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. As a group, equities analysts forecast that Postal Realty Trust will post 1.23 earnings per share for the current year.

Postal Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Friday, August 14th. Postal Realty Trust’s dividend payout ratio (DPR) is 181.48%.

Institutional Trading of Postal Realty Trust

A number of institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new position in shares of Postal Realty Trust in the fourth quarter worth $27,000. Strs Ohio acquired a new position in Postal Realty Trust in the first quarter valued at about $54,000. Federated Hermes Inc. lifted its position in Postal Realty Trust by 1,156.7% during the second quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock worth $56,000 after purchasing an additional 3,470 shares during the period. Tower Research Capital LLC TRC lifted its position in 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 worth $57,000 after purchasing an additional 3,038 shares during the period. Finally, Parallel Advisors LLC lifted its position in Postal Realty Trust by 73.7% during the fourth quarter. Parallel Advisors LLC now owns 3,760 shares of the company’s stock worth $61,000 after purchasing an additional 1,595 shares during the period. 57.89% of the stock is currently owned by 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.