Scotiabank Issues Positive Forecast for Postal Realty Trust (NYSE:PSTL) Stock Price

Postal Realty Trust (NYSE:PSTLGet Free Report) had its price objective increased by equities research analysts at Scotiabank from $25.00 to $26.00 in a report issued on Tuesday, Benzinga reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 11.22% from the stock’s current price.

A number of other research analysts also recently weighed in on PSTL. JPMorgan Chase & Co. raised their target price on shares of Postal Realty Trust from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, August 26th. Truist Financial boosted 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 report on Tuesday, June 9th. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Friday, July 10th. Stifel Nicolaus increased their price objective 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, Zacks Research downgraded Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Six 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 stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.38.

View Our Latest Analysis on PSTL

Postal Realty Trust Trading Down 0.3%

NYSE:PSTL opened at $23.38 on Tuesday. The company has a market cap of $645.70 million, a P/E ratio of 43.06 and a beta of 0.79. Postal Realty Trust has a twelve month low of $14.25 and a twelve month high of $25.22. The business has a 50 day moving average price of $23.65 and a two-hundred day moving average price of $21.94. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.92.

Postal Realty Trust (NYSE:PSTLGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. Postal Realty Trust had a net margin of 16.42% and a return on equity of 4.63%. The company had revenue of $28.58 million for the quarter, compared to the consensus estimate of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. As a group, analysts expect that Postal Realty Trust will post 1.23 EPS for the current fiscal year.

Institutional Trading of Postal Realty Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in Postal Realty Trust by 536.1% in the second quarter. California State Teachers Retirement System now owns 8,575 shares of the company’s stock valued at $211,000 after acquiring an additional 7,227 shares during the last quarter. Nilsine Partners LLC increased its stake in shares of Postal Realty Trust by 7.2% during the 2nd quarter. Nilsine Partners LLC now owns 45,344 shares of the company’s stock worth $1,117,000 after purchasing an additional 3,042 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Postal Realty Trust in the 2nd quarter valued at about $264,000. Public Employees Retirement System of Ohio bought a new stake in shares of Postal Realty Trust in the 2nd quarter valued at about $736,000. Finally, Ancora Advisors LLC bought a new stake in shares of Postal Realty Trust in the 2nd quarter valued at about $3,789,000. 57.89% of the stock is owned by institutional investors.

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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