Zacks Research Downgrades Postal Realty Trust (NYSE:PSTL) to Hold

Postal Realty Trust (NYSE:PSTL) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other research analysts also recently commented on the company. Jefferies Financial Group restated a “buy” rating and issued a $24.00 target price on shares of Postal Realty Trust in a research note on Wednesday, February 25th. Truist Financial set a $20.00 price target on shares of Postal Realty Trust and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Postal Realty Trust from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Monday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.44.

Postal Realty Trust Trading Down 3.4%

Shares of PSTL stock opened at $19.04 on Monday. The company’s fifty day simple moving average is $18.74 and its two-hundred day simple moving average is $16.66. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.21 and a quick ratio of 1.21. Postal Realty Trust has a 1 year low of $12.26 and a 1 year high of $21.13. The stock has a market capitalization of $522.95 million, a price-to-earnings ratio of 41.38 and a beta of 0.71.

Postal Realty Trust (NYSE:PSTL) last posted its earnings results on Tuesday, February 24th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.18). Postal Realty Trust had a return on equity of 4.20% and a net margin of 14.77%.The company had revenue of $26.00 million for the quarter, compared to analysts’ expectations of $24.64 million. Postal Realty Trust has set its FY 2026 guidance at 1.390-1.41 EPS. As a group, analysts anticipate that Postal Realty Trust will post 0.84 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Comerica Bank raised its stake in Postal Realty Trust by 151.0% in the first quarter. Comerica Bank now owns 4,287 shares of the company’s stock valued at $61,000 after purchasing an additional 2,579 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Postal Realty Trust by 6.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,204 shares of the company’s stock worth $189,000 after buying an additional 844 shares during the last quarter. Millennium Management LLC raised its position in shares of Postal Realty Trust by 313.7% during the 1st 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 in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Postal Realty Trust by 5.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 99,179 shares of the company’s stock worth $1,416,000 after acquiring an additional 4,759 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Postal Realty Trust by 234.2% during the 1st quarter. Jane Street Group LLC now owns 61,517 shares of the company’s stock worth $878,000 after acquiring an additional 43,111 shares during the last quarter. Hedge funds and other institutional investors 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.