Postal Realty Trust (NYSE:PSTL) Hits New 52-Week High – Time to Buy?

Postal Realty Trust, Inc. (NYSE:PSTLGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $25.22 and last traded at $24.7180, with a volume of 406844 shares changing hands. The stock had previously closed at $24.64.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Zacks Research downgraded Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. JPMorgan Chase & Co. increased their price objective on 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 raised their price objective on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. BMO Capital Markets raised Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a research note on Friday, April 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Postal Realty Trust in a report on Tuesday, April 14th. Six 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.38.

View Our Latest Stock Report on PSTL

Postal Realty Trust Stock Up 0.3%

The business’s 50 day simple moving average is $23.06 and its 200-day simple moving average is $19.96. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market cap of $682.71 million, a price-to-earnings ratio of 48.47 and a beta of 0.79.

Postal Realty Trust (NYSE:PSTLGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $26.65 million for the quarter, compared to the consensus estimate of $25.43 million. Postal Realty Trust had a net margin of 15.84% and a return on equity of 4.53%. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. Sell-side analysts expect that Postal Realty Trust, Inc. will post 1.22 earnings per share for the current year.

Postal Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Friday, May 15th. Postal Realty Trust’s payout ratio is currently 192.16%.

Hedge Funds Weigh In On Postal Realty Trust

A number of hedge funds have recently added to or reduced their stakes in PSTL. Sumitomo Mitsui Trust Group Inc. grew its position in Postal Realty Trust by 3.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 23,238 shares of the company’s stock worth $375,000 after acquiring an additional 670 shares in the last quarter. Mendel Money Management lifted its stake in shares of Postal Realty Trust by 3.4% in the 4th quarter. Mendel Money Management now owns 21,716 shares of the company’s stock valued at $350,000 after purchasing an additional 705 shares during the last quarter. First Wilshire Securities Management Inc. lifted its stake in shares of Postal Realty Trust by 4.7% in the 4th quarter. First Wilshire Securities Management Inc. now owns 16,080 shares of the company’s stock valued at $260,000 after purchasing an additional 721 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Postal Realty Trust by 4.8% in the second quarter. Franklin Resources Inc. now owns 15,983 shares of the company’s stock worth $235,000 after purchasing an additional 736 shares in the last quarter. Finally, Ieq Capital LLC boosted its holdings in Postal Realty Trust by 7.1% in the fourth quarter. Ieq Capital LLC now owns 12,518 shares of the company’s stock worth $202,000 after purchasing an additional 827 shares in the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

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.

Further Reading

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