Postal Realty Trust (NYSE:PSTL) Stock Rating Lowered by Zacks Research

Postal Realty Trust (NYSE:PSTLGet Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other analysts have also weighed in on the company. Scotiabank dropped their price objective on Postal Realty Trust from $26.00 to $25.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. JPMorgan Chase & Co. upped their price target on shares of Postal Realty Trust from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday. Stifel Nicolaus increased their price target on shares of Postal Realty Trust from $22.25 to $23.25 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Truist Financial raised their price target on shares of Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Postal Realty Trust in a report on Friday, July 10th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.21.

View Our Latest Report on Postal Realty Trust

Postal Realty Trust Stock Up 1.8%

PSTL opened at $23.83 on Tuesday. Postal Realty Trust has a 12 month low of $14.25 and a 12 month high of $25.22. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.92. The business’s 50-day moving average price is $23.61 and its 200-day moving average price is $21.85. The company has a market cap of $658.28 million, a P/E ratio of 44.13 and a beta of 0.79.

Postal Realty Trust (NYSE:PSTLGet Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. Postal Realty Trust had a return on equity of 4.63% and a net margin of 16.42%.The company had revenue of $28.58 million during the quarter, compared to analysts’ expectations of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. On average, equities analysts expect that Postal Realty Trust will post 1.22 EPS for the current year.

Hedge Funds Weigh In On Postal Realty Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in PSTL. Principal Financial Group Inc. bought a new stake in shares of Postal Realty Trust during the 1st quarter valued at about $822,000. Bailard Inc. bought a new position in Postal Realty Trust in the fourth quarter worth about $747,000. Legato Capital Management LLC purchased a new stake in Postal Realty Trust in the fourth quarter worth about $1,050,000. Kestra Private Wealth Services LLC lifted its holdings in Postal Realty Trust by 352.4% in the first quarter. Kestra Private Wealth Services LLC now owns 91,478 shares of the company’s stock worth $1,698,000 after buying an additional 71,259 shares during the period. Finally, Ancora Advisors LLC purchased a new stake in Postal Realty Trust in the second quarter worth about $3,789,000. Institutional investors own 57.89% of the company’s stock.

About Postal Realty Trust

(Get Free Report)

Postal Realty Trust is a real estate investment trust that acquires, owns and manages single-tenant commercial properties net-leased primarily to the United States Postal Service and other government agencies. The trust focuses on facilities that support mail processing, distribution and retail operations, targeting assets that offer long-term, inflation-protected lease structures.

The company’s portfolio includes post offices, distribution centers and mail processing facilities located throughout the contiguous United States.

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Analyst Recommendations for Postal Realty Trust (NYSE:PSTL)

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