Postal Realty Trust, Inc. (NYSE:PSTL – Get Free Report) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totalling 233,400 shares, a drop of 21.1% from the July 15th total of 295,800 shares. Based on an average daily trading volume, of 116,100 shares, the short-interest ratio is presently 2.0 days.
Postal Realty Trust Stock Performance
PSTL stock traded down $0.03 during midday trading on Friday, reaching $14.13. 53,100 shares of the company’s stock traded hands, compared to its average volume of 102,822. The firm has a market capitalization of $320.33 million, a PE ratio of 141.30, a price-to-earnings-growth ratio of 2.59 and a beta of 0.67. The company has a 50-day moving average price of $13.87 and a two-hundred day moving average price of $13.89. Postal Realty Trust has a 52 week low of $12.98 and a 52 week high of $15.15. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.04 and a current ratio of 2.04.
Postal Realty Trust (NYSE:PSTL – Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.19). The company had revenue of $18.05 million for the quarter, compared to the consensus estimate of $17.78 million. Postal Realty Trust had a net margin of 4.93% and a return on equity of 1.10%. During the same quarter in the previous year, the firm posted $0.27 earnings per share. As a group, equities analysts anticipate that Postal Realty Trust will post 0.79 EPS for the current year.
Postal Realty Trust Announces Dividend
Analyst Upgrades and Downgrades
Separately, Stifel Nicolaus restated a “buy” rating and issued a $15.50 target price on shares of Postal Realty Trust in a research note on Monday, June 17th.
View Our Latest Research Report on Postal Realty Trust
Insider Buying and Selling at Postal Realty Trust
In related news, Treasurer Jeremy Garber sold 10,000 shares of Postal Realty Trust stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $14.02, for a total transaction of $140,200.00. Following the sale, the treasurer now directly owns 223,020 shares in the company, valued at $3,126,740.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Andrew Spodek purchased 8,856 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The stock was bought at an average price of $13.00 per share, for a total transaction of $115,128.00. Following the purchase, the chief executive officer now directly owns 266,374 shares in the company, valued at approximately $3,462,862. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Treasurer Jeremy Garber sold 10,000 shares of Postal Realty Trust stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $14.02, for a total transaction of $140,200.00. Following the completion of the sale, the treasurer now directly owns 223,020 shares in the company, valued at approximately $3,126,740.40. The disclosure for this sale can be found here. Over the last three months, insiders have acquired 17,563 shares of company stock valued at $230,496. Corporate insiders own 13.60% of the company’s stock.
Institutional Trading of Postal Realty Trust
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. D.A. Davidson & CO. increased its stake in Postal Realty Trust by 8.8% in the 4th quarter. D.A. Davidson & CO. now owns 13,659 shares of the company’s stock worth $199,000 after acquiring an additional 1,100 shares during the last quarter. Bard Associates Inc. increased its position in shares of Postal Realty Trust by 0.7% in the fourth quarter. Bard Associates Inc. now owns 163,725 shares of the company’s stock worth $2,384,000 after purchasing an additional 1,125 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Postal Realty Trust by 16.5% in the second quarter. Nisa Investment Advisors LLC now owns 8,492 shares of the company’s stock valued at $113,000 after purchasing an additional 1,200 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in Postal Realty Trust by 14.4% during the first quarter. Avantax Advisory Services Inc. now owns 12,784 shares of the company’s stock valued at $183,000 after purchasing an additional 1,612 shares during the last quarter. Finally, New York State Teachers Retirement System bought a new stake in Postal Realty Trust during the fourth quarter valued at approximately $27,000. Institutional investors own 57.89% of the company’s stock.
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.
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