Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,088,822 shares, an increase of 66.5% from the July 30th total of 1,254,406 shares. Based on an average trading volume of 364,271 shares, the short-interest ratio is presently 5.7 days. Currently, 8.6% of the shares of the company are short sold.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, August 26th. Truist Financial upped their price target on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Stifel Nicolaus raised their price objective 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Postal Realty Trust in a research report on Friday, July 10th. Finally, Zacks Research downgraded Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Postal Realty Trust has a consensus rating of “Moderate Buy” and a consensus target price of $24.21.
Read Our Latest Report on PSTL
Postal Realty Trust Price Performance
Postal Realty Trust (NYSE:PSTL – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. As a group, equities research analysts predict that Postal Realty Trust will post 1.23 earnings per share for the current fiscal year.
Postal Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were given a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, August 14th. Postal Realty Trust’s payout ratio is presently 181.48%.
Institutional Trading of Postal Realty Trust
Several institutional investors have recently made changes to their positions in PSTL. Kestra Advisory Services LLC purchased a new position in Postal Realty Trust in the 4th quarter worth approximately $27,000. Parallel Advisors LLC grew its holdings in Postal Realty Trust by 73.7% during the 4th 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 in the last quarter. Federated Hermes Inc. grew its holdings in Postal Realty Trust by 1,156.7% during the 2nd 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 in the last quarter. Strs Ohio bought a new stake in shares of Postal Realty Trust during the first quarter valued at approximately $54,000. Finally, Tower Research Capital LLC TRC raised its position 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. 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.
Featured Articles
- Five stocks we like better than Postal Realty Trust
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Receive News & Ratings for Postal Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Postal Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
