Short Interest in Postal Realty Trust, Inc. (NYSE:PSTL) Increases By 56.4%

Postal Realty Trust, Inc. (NYSE:PSTLGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 354,701 shares, a growth of 56.4% from the December 15th total of 226,729 shares. Based on an average daily trading volume, of 246,370 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.6% of the shares of the company are short sold. Approximately 1.6% of the shares of the company are short sold. Based on an average daily trading volume, of 246,370 shares, the days-to-cover ratio is presently 1.4 days.

Postal Realty Trust Stock Performance

PSTL traded up $0.15 during trading on Friday, hitting $17.50. The stock had a trading volume of 268,499 shares, compared to its average volume of 252,054. Postal Realty Trust has a 12 month low of $12.26 and a 12 month high of $17.59. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.00. The firm has a market cap of $456.05 million, a PE ratio of 36.46 and a beta of 0.75. The company has a 50 day simple moving average of $15.80 and a 200-day simple moving average of $15.35.

Postal Realty Trust (NYSE:PSTLGet Free Report) last released its earnings results on Tuesday, November 4th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.18). Postal Realty Trust had a net margin of 15.36% and a return on equity of 4.29%. The business had revenue of $24.33 million during the quarter, compared to analyst estimates of $22.46 million. Postal Realty Trust has set its FY 2025 guidance at 1.300-1.32 EPS. Analysts expect that Postal Realty Trust will post 0.84 EPS for the current year.

Postal Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Tuesday, November 4th were issued a dividend of $0.2425 per share. This represents a $0.97 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Tuesday, November 4th. Postal Realty Trust’s dividend payout ratio (DPR) is presently 202.08%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PSTL shares. Truist Financial increased their price target on Postal Realty Trust from $16.00 to $18.00 and gave the stock a “hold” rating in a research note on Wednesday, December 17th. JPMorgan Chase & Co. raised their target price on shares of Postal Realty Trust from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, September 30th. Wall Street Zen lowered shares of Postal Realty Trust from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Postal Realty Trust in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.58.

Get Our Latest Stock Report on Postal Realty Trust

Institutional Investors Weigh In On Postal Realty Trust

Several institutional investors and hedge funds have recently made changes to their positions in PSTL. Cullen Frost Bankers Inc. increased its holdings in shares of Postal Realty Trust by 225.2% in the second quarter. Cullen Frost Bankers Inc. now owns 2,026 shares of the company’s stock valued at $30,000 after purchasing an additional 1,403 shares in the last quarter. CWM LLC boosted its position in Postal Realty Trust by 195.5% in the 2nd quarter. CWM LLC now owns 2,237 shares of the company’s stock valued at $33,000 after buying an additional 1,480 shares during the last quarter. Ameritas Investment Partners Inc. boosted its position in Postal Realty Trust by 45.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,258 shares of the company’s stock valued at $33,000 after buying an additional 710 shares during the last quarter. Strs Ohio acquired a new stake in shares of Postal Realty Trust in the 1st quarter valued at $54,000. Finally, Federated Hermes Inc. raised its position in shares of Postal Realty Trust by 1,156.7% during the second quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock worth $56,000 after acquiring an additional 3,470 shares during the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

Postal Realty Trust Company Profile

(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.

Read More

Receive News & Ratings for Postal Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Postal Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.