Postal Realty Trust (NYSE:PSTL) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Key Points

• Postal Realty Trust reported earnings of $0.33 EPS for the quarter, exceeding analyst predictions of $0.30.
• The company announced a quarterly dividend of $0.2425 per share, representing a significant annualized yield of 7.0%.
• Notable increases in institutional ownership include Comerica Bank raising its stake by 151.0% in the first quarter.

Postal Realty Trust (NYSE:PSTL - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03, Zacks reports. The company had revenue of $22.73 million during the quarter, compared to analyst estimates of $21.11 million. Postal Realty Trust had a net margin of 13.03% and a return on equity of 3.56%. Postal Realty Trust updated its FY 2025 guidance to 1.240-1.26 EPS.

Postal Realty Trust Price Performance

PSTL stock traded down $0.02 during mid-day trading on Friday, hitting $14.59. The company had a trading volume of 34,256 shares, compared to its average volume of 175,037. The company has a market capitalization of $347.34 million, a price-to-earnings ratio of 38.41 and a beta of 0.84. The company has a 50-day moving average price of $14.64 and a 200 day moving average price of $13.82. The company has a quick ratio of 1.38, a current ratio of 1.28 and a debt-to-equity ratio of 1.01. Postal Realty Trust has a 12-month low of $12.26 and a 12-month high of $15.42.

Postal Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, July 31st will be given a dividend of $0.2425 per share. The ex-dividend date is Thursday, July 31st. This represents a $0.97 annualized dividend and a yield of 6.6%. Postal Realty Trust's payout ratio is 255.26%.

Institutional Investors Weigh In On Postal Realty Trust

Several institutional investors have recently made changes to their positions in the company. Strs Ohio bought a new stake in Postal Realty Trust during the 1st quarter valued at $54,000. Comerica Bank grew its position in Postal Realty Trust by 151.0% during the 1st quarter. Comerica Bank now owns 4,287 shares of the company's stock worth $61,000 after purchasing an additional 2,579 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Postal Realty Trust by 6.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,204 shares of the company's stock worth $189,000 after acquiring an additional 844 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Postal Realty Trust in the first quarter valued at approximately $484,000. Finally, Jane Street Group LLC grew its position in Postal Realty Trust by 234.2% during the 1st quarter. Jane Street Group LLC now owns 61,517 shares of the company's stock worth $878,000 after purchasing an additional 43,111 shares during the period. Institutional investors own 57.89% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on PSTL. Stifel Nicolaus set a $17.75 target price on shares of Postal Realty Trust and gave the company a "buy" rating in a research note on Tuesday. Wall Street Zen lowered Postal Realty Trust from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd.

Postal Realty Trust Company Profile

Postal Realty Trust, Inc NYSE: PSTL is an internally managed real estate investment trust that owns properties primarily leased to the United States Postal Service ("USPS"). PSTL is focused on acquiring the network of USPS properties, which provide a critical element of the nation's logistics infrastructure that facilitates cost effective and efficient last-mile delivery solutions.