Postal Realty Trust, Inc. (NYSE:PSTL) Short Interest Down 61.4% in June

Postal Realty Trust, Inc. (NYSE:PSTL) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 984,697 shares, a decrease of 61.4% from the June 15th total of 2,553,704 shares. Based on an average daily trading volume, of 541,165 shares, the days-to-cover ratio is currently 1.8 days. Currently, 4.1% of the company’s shares are sold short.

Institutional Trading of Postal Realty Trust

A number of hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in Postal Realty Trust by 384.8% in the third quarter. JPMorgan Chase & Co. now owns 248,656 shares of the company’s stock worth $3,901,000 after acquiring an additional 197,361 shares in the last quarter. Miller Global Investments LLC acquired a new position in shares of Postal Realty Trust during the fourth quarter valued at about $894,000. Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in shares of Postal Realty Trust by 51.5% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 234,945 shares of the company’s stock valued at $3,792,000 after acquiring an additional 79,875 shares in the last quarter. CSM Advisors LLC raised its position in shares of Postal Realty Trust by 60.3% in the 3rd quarter. CSM Advisors LLC now owns 388,200 shares of the company’s stock valued at $6,091,000 after purchasing an additional 146,055 shares during the last quarter. Finally, Bailard Inc. purchased a new position in shares of Postal Realty Trust in the 4th quarter valued at approximately $747,000. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Price Performance

PSTL opened at $24.13 on Monday. The company has a market capitalization of $666.36 million, a price-to-earnings ratio of 47.31 and a beta of 0.79. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.04. Postal Realty Trust has a 12-month low of $13.59 and a 12-month high of $25.22. The business’s fifty day simple moving average is $23.47 and its 200-day simple moving average is $20.39.

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

Postal Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.245 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.98 annualized dividend and a dividend yield of 4.1%. Postal Realty Trust’s payout ratio is currently 192.16%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. BMO Capital Markets raised shares of Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 target price for the company in a research note on Friday, April 17th. Scotiabank reduced 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Postal Realty Trust in a report on Tuesday, April 14th. JPMorgan Chase & Co. lifted their price objective on shares of Postal Realty Trust from $17.00 to $20.00 and gave the company a “neutral” rating in a report on Monday, March 16th. Finally, Zacks Research downgraded shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Postal Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $23.38.

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.