Postal Realty Trust (NYSE:PSTL) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Postal Realty Trust (NYSE:PSTL) from a hold rating to a strong-buy rating in a research report released on Monday,Zacks.com reports.

PSTL has been the topic of a number of other reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Postal Realty Trust in a report on Friday, July 10th. Stifel Nicolaus boosted their price target on Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a report on Wednesday, May 6th. Scotiabank reduced their price target on Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. 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 note on Tuesday, June 9th. Finally, BMO Capital Markets raised Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $23.38.

Postal Realty Trust Stock Down 1.4%

Shares of PSTL stock opened at $23.62 on Monday. Postal Realty Trust has a 12 month low of $13.59 and a 12 month high of $25.22. The stock has a market cap of $652.41 million, a P/E ratio of 46.32 and a beta of 0.79. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.04. The company has a 50 day simple moving average of $23.70 and a two-hundred day simple moving average of $21.05.

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

Postal Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, May 15th. Postal Realty Trust’s dividend payout ratio (DPR) is presently 192.16%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Invesco Ltd. increased its stake 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 buying an additional 410,871 shares in the last quarter. Millennium Management LLC lifted its position in shares of Postal Realty Trust by 313.7% in the first 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. lifted its position in shares of Postal Realty Trust by 384.8% in the third quarter. JPMorgan Chase & Co. now owns 248,656 shares of the company’s stock valued at $3,901,000 after acquiring an additional 197,361 shares in the last quarter. Man Group plc bought a new position in shares of Postal Realty Trust in the second quarter worth about $2,590,000. Finally, DigitalBridge Group Inc. bought a new position in shares of Postal Realty Trust in the fourth quarter worth about $2,634,000. Hedge funds and other institutional investors own 57.89% of the company’s stock.

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.