Postal Realty Trust (NYSE:PSTL) Trading Down 0.2% – Here’s What Happened

Postal Realty Trust, Inc. (NYSE:PSTL) shares dropped 0.2% during mid-day trading on Tuesday . The stock traded as low as $15.86 and last traded at $16.03. Approximately 144,392 shares changed hands during trading, a decline of 30% from the average daily volume of 205,493 shares. The stock had previously closed at $16.07.

Wall Street Analyst Weigh In

PSTL has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Postal Realty Trust from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Postal Realty Trust in a report on Wednesday, October 8th. JPMorgan Chase & Co. increased their target price on Postal Realty Trust from $16.00 to $17.00 and gave the company a “neutral” rating in a report on Tuesday, September 30th. Finally, Truist Financial raised their target price on Postal Realty Trust from $16.00 to $18.00 and gave the company a “hold” rating in a research report on Wednesday, December 17th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.58.

Postal Realty Trust Stock Performance

The company has a market cap of $417.74 million, a PE ratio of 33.40 and a beta of 0.75. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.25 and a current ratio of 1.25. The firm’s 50 day moving average is $15.54 and its 200-day moving average is $15.27.

Postal Realty Trust (NYSE:PSTL) last issued its earnings results on Tuesday, November 4th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.18). The company had revenue of $24.33 million for the quarter, compared to analyst estimates of $22.46 million. Postal Realty Trust had a return on equity of 4.29% and a net margin of 15.36%.Postal Realty Trust has set its FY 2025 guidance at 1.300-1.32 EPS. On average, research analysts anticipate that Postal Realty Trust, Inc. will post 0.84 earnings per share for the current fiscal year.

Postal Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Tuesday, November 4th were issued a $0.2425 dividend. This represents a $0.97 annualized dividend and a yield of 6.1%. The ex-dividend date was Tuesday, November 4th. Postal Realty Trust’s dividend payout ratio is presently 202.08%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PSTL. Cullen Frost Bankers Inc. boosted its position in shares of Postal Realty Trust by 225.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,026 shares of the company’s stock valued at $30,000 after acquiring an additional 1,403 shares during the last quarter. CWM LLC increased its position in Postal Realty Trust by 195.5% during the second quarter. CWM LLC now owns 2,237 shares of the company’s stock worth $33,000 after purchasing an additional 1,480 shares during the last quarter. Ameritas Investment Partners Inc. raised its stake in Postal Realty Trust by 45.9% during the second quarter. Ameritas Investment Partners Inc. now owns 2,258 shares of the company’s stock worth $33,000 after purchasing an additional 710 shares during the period. Federated Hermes Inc. boosted its holdings in Postal Realty Trust by 1,156.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock valued at $56,000 after purchasing an additional 3,470 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Postal Realty Trust in the 1st quarter valued at approximately $54,000. 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.