Postal Realty Trust (NYSE:PSTL) Issues Quarterly Earnings Results

Postal Realty Trust (NYSE:PSTL) issued its quarterly earnings results on Monday. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23), Zacks reports. The business had revenue of $19.67 million for the quarter, compared to analyst estimates of $18.49 million. Postal Realty Trust had a return on equity of 1.06% and a net margin of 4.55%. During the same quarter last year, the firm earned $0.27 earnings per share.

Postal Realty Trust Stock Performance

NYSE PSTL traded down $0.05 during midday trading on Thursday, hitting $14.48. The company had a trading volume of 36,375 shares, compared to its average volume of 97,672. The firm has a fifty day simple moving average of $14.50 and a two-hundred day simple moving average of $14.06. The stock has a market cap of $333.47 million, a price-to-earnings ratio of 181.65, a P/E/G ratio of 2.53 and a beta of 0.67. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.88. Postal Realty Trust has a fifty-two week low of $13.00 and a fifty-two week high of $15.15.

Postal Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 4th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date of this dividend is Monday, November 4th. Postal Realty Trust’s dividend payout ratio (DPR) is presently 1,200.15%.

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.