Postal Realty Trust (NYSE:PSTL – Get Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
PSTL has been the subject of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of Postal Realty Trust in a research report on Friday, July 10th. Scotiabank decreased their target price on shares of Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Truist Financial lifted their target price on shares of Postal Realty Trust from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Stifel Nicolaus boosted their price target on Postal Realty Trust from $22.25 to $23.25 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. boosted their price target on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $24.21.
Check Out Our Latest Analysis on PSTL
Postal Realty Trust Stock Performance
Postal Realty Trust (NYSE:PSTL – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The firm had revenue of $28.58 million for the quarter, compared to analysts’ expectations of $26.27 million. Postal Realty Trust had a net margin of 16.42% and a return on equity of 4.63%. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. On average, equities analysts forecast that Postal Realty Trust will post 1.22 earnings per share for the current fiscal year.
Institutional Trading of Postal Realty Trust
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. raised its holdings in Postal Realty Trust by 1,041.2% in the 4th quarter. Invesco Ltd. now owns 450,333 shares of the company’s stock worth $7,268,000 after acquiring an additional 410,871 shares during the last quarter. Millennium Management LLC lifted its position in Postal Realty Trust by 313.7% in the 1st quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock valued at $5,405,000 after acquiring an additional 287,027 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Postal Realty Trust by 384.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 248,656 shares of the company’s stock valued at $3,901,000 after purchasing an additional 197,361 shares during the last quarter. Man Group plc purchased a new stake in Postal Realty Trust during the 2nd quarter valued at $2,590,000. Finally, DigitalBridge Group Inc. bought a new stake in shares of Postal Realty Trust in the 4th quarter worth $2,634,000. 57.89% of the stock is currently owned by institutional investors.
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.
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