Short Interest in Postal Realty Trust, Inc. (NYSE:PSTL) Rises By 66.5%

Postal Realty Trust, Inc. (NYSE:PSTL) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 2,088,822 shares, a growth of 66.5% from the July 30th total of 1,254,406 shares. Based on an average daily trading volume, of 364,271 shares, the short-interest ratio is presently 5.7 days. Currently, 8.6% of the shares of the company are sold short.

Institutional Investors Weigh In On Postal Realty Trust

A number of hedge funds have recently modified their holdings of the business. California State Teachers Retirement System boosted its position in Postal Realty Trust by 536.1% during the second quarter. California State Teachers Retirement System now owns 8,575 shares of the company’s stock worth $211,000 after acquiring an additional 7,227 shares during the last quarter. Nilsine Partners LLC raised its holdings in Postal Realty Trust by 7.2% in the 2nd quarter. Nilsine Partners LLC now owns 45,344 shares of the company’s stock valued at $1,117,000 after acquiring an additional 3,042 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Postal Realty Trust in the 2nd quarter valued at about $264,000. Public Employees Retirement System of Ohio purchased a new position in Postal Realty Trust in the 2nd quarter worth approximately $736,000. Finally, Ancora Advisors LLC acquired a new position in shares of Postal Realty Trust during the 2nd quarter worth approximately $3,789,000. 57.89% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

PSTL has been the subject of a number of analyst reports. Stifel Nicolaus upped their price objective on shares of Postal Realty Trust from $22.25 to $23.25 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings restated a “buy (b)” rating on shares of Postal Realty Trust in a research note on Friday, July 10th. Truist Financial upped their price target on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. JPMorgan Chase & Co. increased their price target on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 26th. Finally, Zacks Research lowered Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Postal Realty Trust has a consensus rating of “Moderate Buy” and an average price target of $24.38.

Postal Realty Trust Price Performance

NYSE:PSTL traded up $0.23 during trading hours on Tuesday, hitting $23.68. 255,253 shares of the stock were exchanged, compared to its average volume of 308,090. The firm’s fifty day moving average price is $23.65 and its 200 day moving average price is $21.97. Postal Realty Trust has a 52-week low of $14.25 and a 52-week high of $25.22. The company has a market cap of $654.04 million, a P/E ratio of 43.85 and a beta of 0.79. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.92.

Postal Realty Trust (NYSE:PSTL) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $28.58 million for the quarter, compared to analyst estimates of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. As a group, equities research analysts anticipate that Postal Realty Trust will post 1.23 EPS for the current fiscal year.

Postal Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, August 14th. Postal Realty Trust’s payout ratio is 181.48%.

About Postal Realty Trust

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.