Postal Realty Trust, Inc. (NYSE:PSTL) Sees Significant Increase in Short Interest

Key Points

• Short interest in Postal Realty Trust rose 66.5% in August to 2.09 million shares, representing approximately 8.6% of shares outstanding and a short-interest ratio of 5.7 days.
• Analysts maintain a generally positive outlook, with six Buy ratings and two Holds, producing a “Moderate Buy” consensus and an average price target of $24.21. Recent targets from JPMorgan and Truist were raised to $25.
• The company reported quarterly EPS of $0.15 and revenue of $28.58 million, exceeding estimates, while paying a quarterly dividend of $0.245—an annualized yield of about 4.2%.

Postal Realty Trust, Inc. (NYSE:PSTL - Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,088,822 shares, a growth of 66.5% from the July 30th total of 1,254,406 shares. Approximately 8.6% of the company's stock are sold short. Based on an average daily trading volume, of 364,271 shares, the short-interest ratio is presently 5.7 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Stifel Nicolaus increased their price target on shares of Postal Realty Trust from $22.25 to $23.25 and gave the company a "buy" rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Postal Realty Trust in a research report on Friday, July 10th. JPMorgan Chase & Co. increased their target price on Postal Realty Trust from $23.00 to $25.00 and gave the company a "neutral" rating in a research note on Wednesday, August 26th. Truist Financial boosted their price target 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, Zacks Research downgraded Postal Realty Trust from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $24.21.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PSTL. Invesco Ltd. increased its position in shares of Postal Realty Trust by 1,041.2% during the 4th quarter. Invesco Ltd. now owns 450,333 shares of the company's stock valued at $7,268,000 after purchasing an additional 410,871 shares during the last quarter. Millennium Management LLC boosted its holdings 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 worth $5,405,000 after buying an additional 287,027 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings 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 worth $3,901,000 after buying an additional 197,361 shares during the last quarter. Man Group plc bought a new stake in Postal Realty Trust during the second quarter valued at approximately $2,590,000. Finally, DigitalBridge Group Inc. bought a new stake in Postal Realty Trust during the fourth quarter valued at approximately $2,634,000. Institutional investors own 57.89% of the company's stock.

Postal Realty Trust Stock Performance

Shares of PSTL traded down $0.37 during mid-day trading on Monday, hitting $23.40. 318,426 shares of the company traded hands, compared to its average volume of 308,377. The stock has a market cap of $646.31 million, a price-to-earnings ratio of 43.33 and a beta of 0.79. The stock has a 50-day moving average price of $23.64 and a two-hundred day moving average price of $21.91. Postal Realty Trust has a 1 year low of $14.25 and a 1 year high of $25.22. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.50 and a current ratio of 1.50.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. The company had revenue of $28.58 million for the quarter, compared to analysts' expectations of $26.27 million. Postal Realty Trust had a net margin of 16.42% and a return on equity of 4.63%. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. Equities analysts anticipate that Postal Realty Trust will post 1.23 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, August 28th. Investors of record on Friday, August 14th were issued a $0.245 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.98 annualized dividend and a dividend yield of 4.2%. Postal Realty Trust's payout ratio is presently 181.48%.

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.

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