Postal Realty Trust (NYSE:PSTL) Rating Increased to Strong-Buy at Scotiabank

Scotiabank upgraded shares of Postal Realty Trust (NYSE:PSTLFree Report) to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Zacks Research lowered shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. BMO Capital Markets upgraded 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 report on Friday, April 17th. 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 set a $20.00 price target on shares of Postal Realty Trust and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $24.00 price objective on shares of Postal Realty Trust in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.29.

Get Our Latest Analysis on PSTL

Postal Realty Trust Stock Up 2.6%

PSTL opened at $22.41 on Monday. The company has a market capitalization of $615.52 million, a PE ratio of 48.71 and a beta of 0.78. The firm has a 50-day simple moving average of $19.87 and a two-hundred day simple moving average of $17.63. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.00. Postal Realty Trust has a 52 week low of $12.50 and a 52 week high of $22.53.

Postal Realty Trust (NYSE:PSTLGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Postal Realty Trust had a net margin of 14.77% and a return on equity of 4.20%. The firm 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. Analysts forecast that Postal Realty Trust will post 1.21 earnings per share for the current fiscal year.

Postal Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.245 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.4%. Postal Realty Trust’s payout ratio is presently 213.04%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new stake in shares of Postal Realty Trust during the fourth quarter worth about $27,000. Parallel Advisors LLC raised its position in shares of Postal Realty Trust by 73.7% in the 4th quarter. Parallel Advisors LLC now owns 3,760 shares of the company’s stock valued at $61,000 after purchasing an additional 1,595 shares during the last quarter. Federated Hermes Inc. raised its position in shares of Postal Realty Trust by 1,156.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock valued at $56,000 after purchasing an additional 3,470 shares during the last quarter. Strs Ohio acquired a new stake in Postal Realty Trust in the 1st quarter worth approximately $54,000. Finally, Tower Research Capital LLC TRC grew its position in Postal Realty Trust by 360.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,882 shares of the company’s stock worth $57,000 after purchasing an additional 3,038 shares during the last quarter. 57.89% of the stock is currently owned by hedge funds and other institutional investors.

More Postal Realty Trust News

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About Postal Realty Trust

(Get Free Report)

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.

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Analyst Recommendations for Postal Realty Trust (NYSE:PSTL)

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