Postal Realty Trust, Inc. (NYSE:PSTL) Receives $17.92 Average Target Price from Analysts


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Postal Realty Trust, Inc. (NYSE:PSTL) has received a consensus rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $17.92.

Several brokerages recently commented on PSTL. Zacks Investment Research raised shares of Postal Realty Trust from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Tuesday, March 30th. TheStreet lowered shares of Postal Realty Trust from a “c” rating to a “d+” rating in a research report on Friday, March 19th.

Several hedge funds and other institutional investors have recently modified their holdings of PSTL. Uniplan Investment Counsel Inc. grew its stake in shares of Postal Realty Trust by 129.1% during the 4th quarter. Uniplan Investment Counsel Inc. now owns 850,536 shares of the company’s stock worth $6,688,000 after purchasing an additional 479,335 shares during the period. North Star Investment Management Corp. grew its stake in shares of Postal Realty Trust by 111.4% during the 4th quarter. North Star Investment Management Corp. now owns 67,800 shares of the company’s stock worth $1,144,000 after purchasing an additional 35,725 shares during the period. ExodusPoint Capital Management LP acquired a new stake in shares of Postal Realty Trust during the 4th quarter worth approximately $555,000. Punch & Associates Investment Management Inc. grew its stake in shares of Postal Realty Trust by 12.4% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 257,529 shares of the company’s stock worth $4,347,000 after purchasing an additional 28,409 shares during the period. Finally, Victory Capital Management Inc. acquired a new stake in shares of Postal Realty Trust during the 1st quarter worth approximately $435,000. 67.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of Postal Realty Trust stock traded down $0.22 during midday trading on Tuesday, hitting $19.40. The company had a trading volume of 186,665 shares, compared to its average volume of 82,279. The stock has a market cap of $258.54 million, a price-to-earnings ratio of -53.89 and a beta of 0.37. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.54. The company has a fifty day simple moving average of $17.73 and a 200 day simple moving average of $16.37. Postal Realty Trust has a 12-month low of $12.65 and a 12-month high of $20.01.

Postal Realty Trust (NYSE:PSTL) last announced its quarterly earnings data on Monday, March 22nd. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.16). Postal Realty Trust had a negative net margin of 9.51% and a negative return on equity of 2.33%. As a group, analysts expect that Postal Realty Trust will post 0.74 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 28th. Stockholders of record on Friday, May 14th will be paid a dividend of $0.22 per share. This is a boost from Postal Realty Trust’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, May 13th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.54%.

About Postal Realty Trust

Postal Realty Trust, Inc is an internally managed real estate investment trust that owns and manages over 1,000 properties leased to the USPS. The Company believes it is one of the largest owners and managers of properties leased to the USPS.

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Analyst Recommendations for Postal Realty Trust (NYSE:PSTL)

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