Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report)’s share price reached a new 52-week high on Tuesday following a stronger than expected earnings report. The stock traded as high as $22.37 and last traded at $22.3210, with a volume of 92743 shares changing hands. The stock had previously closed at $21.84.
The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $26.65 million for the quarter, compared to analysts’ expectations of $25.43 million. Postal Realty Trust had a net margin of 14.77% and a return on equity of 4.20%. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on PSTL shares. Weiss Ratings reissued a “buy (b)” rating on shares of Postal Realty Trust in a research report on Tuesday, April 14th. Jefferies Financial Group reissued a “buy” rating and set a $24.00 price target on shares of Postal Realty Trust in a research report on Wednesday, February 25th. Zacks Research cut shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Scotiabank started coverage on shares of Postal Realty Trust in a research report on Monday. They set a “sector outperform” rating and a $23.00 price target on the stock. Finally, JPMorgan Chase & Co. boosted 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 report on Monday, March 16th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.29.
Institutional Investors Weigh In On Postal Realty Trust
Several hedge funds have recently added to or reduced their stakes in PSTL. Principal Financial Group Inc. acquired a new position in shares of Postal Realty Trust in the first quarter valued at $822,000. Hsbc Holdings PLC acquired a new position in shares of Postal Realty Trust in the first quarter valued at $357,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Postal Realty Trust by 26.9% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 29,483 shares of the company’s stock valued at $547,000 after purchasing an additional 6,245 shares during the last quarter. Resona Asset Management Co. Ltd. raised its holdings in Postal Realty Trust by 11.4% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 11,398 shares of the company’s stock valued at $209,000 after acquiring an additional 1,170 shares during the period. Finally, Kestra Private Wealth Services LLC raised its holdings in Postal Realty Trust by 352.4% in the 1st quarter. Kestra Private Wealth Services LLC now owns 91,478 shares of the company’s stock valued at $1,698,000 after acquiring an additional 71,259 shares during the period. Institutional investors and hedge funds own 57.89% of the company’s stock.
Postal Realty Trust Stock Performance
The stock has a market capitalization of $615.45 million, a P/E ratio of 48.71 and a beta of 0.78. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.21 and a current ratio of 1.21. The company’s fifty day simple moving average is $19.80 and its two-hundred day simple moving average is $17.58.
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.
Further Reading
Receive News & Ratings for Postal Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Postal Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
