Postal Realty Trust, Inc. is an internally managed real estate investment trust that will own and manage properties leased to the United States Postal Service, or USPS. Upon completion of the offering and related formation transactions, the Company will own and manage an initial portfolio of 271 postal properties located in 41 states comprising 871,843 net leasable interior square feet, all of which are leased to the USPS, and through its taxable REIT subsidiary will provide fee-based third party property management services for an additional 404 postal properties leased to the USPS and owned by family members of Andrew Spodek, the Company's chief executive officer, and their partners.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone576-295-7820
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date2/10/2020 (Estimated)
OptionableNot Optionable
Postal Realty Trust (NYSE:PSTL) Frequently Asked Questions
What is Postal Realty Trust's stock symbol?
Postal Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSTL."
How often does Postal Realty Trust pay dividends? What is the dividend yield for Postal Realty Trust?
Postal Realty Trust announced a quarterly dividend on Tuesday, November 5th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.14 per share on Monday, December 2nd. This represents a $0.56 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Thursday, November 14th. View Postal Realty Trust's Dividend History.
How were Postal Realty Trust's earnings last quarter?
Postal Realty Trust (NYSE:PSTL) posted its quarterly earnings results on Monday, November, 11th. The company reported ($0.06) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.02. The company had revenue of $3.01 million for the quarter, compared to analysts' expectations of $2.83 million. View Postal Realty Trust's Earnings History.
When is Postal Realty Trust's next earnings date?
What price target have analysts set for PSTL?
5 brokers have issued 1-year price objectives for Postal Realty Trust's shares. Their forecasts range from $18.00 to $18.50. On average, they expect Postal Realty Trust's share price to reach $18.13 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Postal Realty Trust.
What is the consensus analysts' recommendation for Postal Realty Trust?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Postal Realty Trust in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Postal Realty Trust.
Has Postal Realty Trust been receiving favorable news coverage?
Media headlines about PSTL stock have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Postal Realty Trust earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Postal Realty Trust.
Who are some of Postal Realty Trust's key competitors?
Some companies that are related to Postal Realty Trust include Transcontinental Realty Investors (TCI), Braemar Hotels & Resorts (BHR), Great Ajax (AJX), BRT Apartments (BRT), Ashford Hospitality Trust (AHT), Gladstone Land (LAND), Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) (BRG), Drive Shack (DS), Cherry Hill Mortgage Investment (CHMI), Cedar Realty Trust (CDR), CIM Commercial Trust (CMCT), Farmland Partners (FPI), CBL & Associates Properties (CBL), Maxus Realty Trust (MRTI) and Clipper Realty (CLPR).
What other stocks do shareholders of Postal Realty Trust own?
Who are Postal Realty Trust's key executives?
Postal Realty Trust's management team includes the folowing people:
- Mr. Andrew Spodek, CEO & Director (Age 43)
- Mr. Jeremy Garber J.D., Pres, Treasurer & Sec. (Age 50)
- Mr. Marc Lefkovich, VP & Controller (Age 38)
- Mr. Matthew H. Brandwein, Sr. VP & Chief Accounting Officer (Age 44)
- Ms. Carrie Herz, Sr. VP & Corp. Counsel
When did Postal Realty Trust IPO?
(PSTL) raised $100 million in an initial public offering on Wednesday, May 15th 2019. The company issued 5,000,000 shares at $19.00-$21.00 per share. Stifel, Janney Montgomery Scott, BMO Capital Markets and Height Capital Markets acted as the underwriters for the IPO and B. Riley FBR and D.A. Davidson were co-managers.
When did Postal Realty Trust's lock-up period expire?
Postal Realty Trust's lock-up period expired on Monday, November 11th. Postal Realty Trust had issued 4,500,000 shares in its IPO on May 15th. The total size of the offering was $76,500,000 based on an initial share price of $17.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.
Who are Postal Realty Trust's major shareholders?
Postal Realty Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Taylor Wealth Management Partners (6.16%), Picton Mahoney Asset Management (2.82%), State of New Jersey Common Pension Fund D (1.80%), Dubuque Bank & Trust Co. (1.59%), Monarch Partners Asset Management LLC (1.40%) and Stifel Financial Corp (0.78%). Company insiders that own Postal Realty Trust stock include Andrew Spodek and Patrick R Donahoe. View Institutional Ownership Trends for Postal Realty Trust.
Which major investors are selling Postal Realty Trust stock?
Which major investors are buying Postal Realty Trust stock?
PSTL stock was bought by a variety of institutional investors in the last quarter, including Dubuque Bank & Trust Co., Squarepoint Ops LLC, Consolidated Investment Group LLC, State of New Jersey Common Pension Fund D, Stifel Financial Corp, Ancora Advisors LLC and Monarch Partners Asset Management LLC. Company insiders that have bought Postal Realty Trust stock in the last two years include Andrew Spodek and Patrick R Donahoe. View Insider Buying and Selling for Postal Realty Trust.
How do I buy shares of Postal Realty Trust?
Shares of PSTL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Postal Realty Trust's stock price today?
One share of PSTL stock can currently be purchased for approximately $15.76.
How big of a company is Postal Realty Trust?
What is Postal Realty Trust's official website?
How can I contact Postal Realty Trust?
Postal Realty Trust's mailing address is 75 COLUMBIA AVE, CEDARHURST NY, 11516. The company can be reached via phone at 576-295-7820 or via email at [email protected]
MarketBeat Community Rating for Postal Realty Trust (NYSE PSTL)
MarketBeat's community ratings are surveys of what our community members think about Postal Realty Trust and other stocks. Vote "Outperform" if you believe PSTL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSTL will underperform the S&P 500 over the long term. You may vote once every thirty days.
