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

Postal Realty Trust (NYSE:PSTL) had its price objective decreased by equities researchers at Scotiabank from $26.00 to $25.00 in a report released on Thursday,Benzinga reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 11.63% from the stock’s current price.

A number of other brokerages also recently issued reports on PSTL. 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. JPMorgan Chase & Co. lifted their price target on shares of Postal Realty Trust from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Monday, March 16th. Truist Financial lifted their price target on shares of Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Stifel Nicolaus lifted their price target on shares of Postal Realty Trust from $22.25 to $23.25 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Tuesday, April 14th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.38.

Postal Realty Trust Stock Down 0.6%

Shares of NYSE PSTL traded down $0.15 during midday trading on Thursday, hitting $22.40. The company’s stock had a trading volume of 52,517 shares, compared to its average volume of 296,944. The business’s fifty day simple moving average is $22.28 and its two-hundred day simple moving average is $19.36. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.43 and a quick ratio of 1.43. Postal Realty Trust has a 1 year low of $13.59 and a 1 year high of $24.49. The firm has a market capitalization of $618.55 million, a price-to-earnings ratio of 43.91 and a beta of 0.79.

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

Institutional Trading of Postal Realty Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings 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 in the last quarter. Miller Global Investments LLC acquired a new stake in Postal Realty Trust during the fourth quarter worth approximately $894,000. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in 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 worth $3,792,000 after purchasing an additional 79,875 shares in the last quarter. CSM Advisors LLC raised its holdings in Postal Realty Trust by 60.3% during the third quarter. CSM Advisors LLC now owns 388,200 shares of the company’s stock worth $6,091,000 after purchasing an additional 146,055 shares in the last quarter. Finally, Bailard Inc. acquired a new stake in Postal Realty Trust during the fourth quarter worth approximately $747,000. Institutional investors and hedge funds own 57.89% of the company’s stock.

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.