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.
Postal Realty Trust Stock Performance
Shares of NYSE:PSTL opened at $16.36 on Monday. The company has a current ratio of 3.75, a quick ratio of 3.75 and a debt-to-equity ratio of 0.46. Postal Realty Trust has a 12 month low of $14.14 and a 12 month high of $20.75. The company has a 50 day simple moving average of $15.42 and a two-hundred day simple moving average of $16.50. The stock has a market cap of $307.00 million, a price-to-earnings ratio of 125.86, a PEG ratio of 3.59 and a beta of 0.62.
Postal Realty Trust (NYSE:PSTL - Get Rating) last announced its quarterly earnings data on Wednesday, May 11th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.17). Postal Realty Trust had a net margin of 6.11% and a return on equity of 1.18%. During the same quarter last year, the firm earned $0.27 EPS. As a group, analysts predict that Postal Realty Trust will post 0.76 earnings per share for the current year.
Postal Realty Trust Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Stockholders of record on Monday, August 8th will be issued a dividend of $0.2325 per share. This represents a $0.93 annualized dividend and a dividend yield of 5.68%. This is a positive change from Postal Realty Trust's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, August 5th. Postal Realty Trust's payout ratio is 707.75%.
Wall Street Analyst Weigh In
PSTL has been the topic of several recent analyst reports. Truist Financial reduced their price target on shares of Postal Realty Trust from $19.00 to $18.00 in a research note on Friday, June 3rd. Jefferies Financial Group cut their target price on shares of Postal Realty Trust from $22.00 to $18.00 and set a "buy" rating on the stock in a research report on Thursday, June 30th. Finally, Stifel Nicolaus cut their target price on shares of Postal Realty Trust from $21.00 to $18.00 in a research report on Tuesday, June 21st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Postal Realty Trust has an average rating of "Moderate Buy" and a consensus price target of $19.67.