Short Interest in Postal Realty Trust, Inc. (NYSE:PSTL) Increases By 56.4%

Postal Realty Trust, Inc. (NYSE:PSTL) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 354,701 shares, an increase of 56.4% from the December 15th total of 226,729 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 246,370 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 246,370 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.6% of the company’s shares are short sold.

Postal Realty Trust Stock Up 0.9%

Shares of NYSE:PSTL traded up $0.15 during midday trading on Friday, reaching $17.50. The company had a trading volume of 268,499 shares, compared to its average volume of 252,054. The business’s 50 day moving average price is $15.80 and its 200 day moving average price is $15.35. Postal Realty Trust has a 1-year low of $12.26 and a 1-year high of $17.59. The stock has a market cap of $456.05 million, a PE ratio of 36.46 and a beta of 0.75. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.00.

Postal Realty Trust (NYSE:PSTL) last posted its earnings results on Tuesday, November 4th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.18). The business 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. Research analysts forecast that Postal Realty Trust will post 0.84 EPS for the current fiscal year.

Postal Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Tuesday, November 4th were paid a dividend of $0.2425 per share. This represents a $0.97 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Tuesday, November 4th. Postal Realty Trust’s dividend payout ratio (DPR) is 202.08%.

Hedge Funds Weigh In On Postal Realty Trust

Several hedge funds and other institutional investors have recently modified their holdings of the business. Millennium Management LLC increased its stake in shares of Postal Realty Trust by 313.7% in the first quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock valued at $5,405,000 after buying an additional 287,027 shares during the period. CSM Advisors LLC acquired a new stake in Postal Realty Trust during the 2nd quarter worth about $3,567,000. JPMorgan Chase & Co. grew its stake in Postal Realty Trust by 384.8% during the third quarter. JPMorgan Chase & Co. now owns 248,656 shares of the company’s stock worth $3,901,000 after purchasing an additional 197,361 shares during the period. Man Group plc acquired a new stake in shares of Postal Realty Trust during the 2nd quarter worth approximately $2,590,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. bought a new position in Postal Realty Trust during the third quarter worth $2,433,000. Institutional investors own 57.89% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on PSTL shares. JPMorgan Chase & Co. upped their target price on shares of Postal Realty Trust from $16.00 to $17.00 and gave the company a “neutral” rating in a research report on Tuesday, September 30th. Truist Financial increased their price objective on shares of Postal Realty Trust from $16.00 to $18.00 and gave the company a “hold” rating in a report on Wednesday, December 17th. Wall Street Zen lowered shares of Postal Realty Trust from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Postal Realty Trust in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.58.

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.