Postal Realty Trust, Inc. (PSTL) to Issue Quarterly Dividend of $0.24 on August 28th

Postal Realty Trust, Inc. (NYSE:PSTL) declared a quarterly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.245 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, August 14th.

Postal Realty Trust has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 3 years. Postal Realty Trust has a dividend payout ratio of 264.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Postal Realty Trust to earn $1.35 per share next year, which means the company should continue to be able to cover its $0.98 annual dividend with an expected future payout ratio of 72.6%.

Postal Realty Trust Stock Performance

PSTL opened at $22.50 on Wednesday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.92. The company has a market cap of $621.62 million, a price-to-earnings ratio of 41.67 and a beta of 0.79. The company’s 50 day moving average is $23.61 and its 200 day moving average is $21.47. Postal Realty Trust has a 12-month low of $14.25 and a 12-month high of $25.22.

Postal Realty Trust (NYSE:PSTL) 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. Postal Realty Trust had a net margin of 16.42% and a return on equity of 4.63%. The business had revenue of $28.58 million during the quarter, compared to analysts’ expectations of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. On average, equities research analysts predict that Postal Realty Trust will post 1.22 EPS for the current year.

Analyst Ratings Changes

PSTL has been the topic of several analyst reports. Stifel Nicolaus lifted their target price on Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Scotiabank dropped their price target on shares of 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Friday, July 10th. Truist Financial lifted their target price on Postal Realty Trust from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Finally, Zacks Research upgraded shares of Postal Realty Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $23.38.

Postal Realty Trust Company Profile

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.