Postal Realty Trust, Inc. (PSTL)

NYSE: PSTL · IEX Real-Time Price · USD
13.24
+0.09 (0.68%)
At close: Jul 2, 2024, 4:00 PM
13.39
+0.15 (1.13%)
After-hours: Jul 2, 2024, 7:49 PM EDT
0.68%
Market Cap 363.99M
Revenue (ttm) 65.85M
Net Income (ttm) 3.57M
Shares Out 27.49M
EPS (ttm) 0.10
PE Ratio 132.40
Forward PE 94.98
Dividend $0.96 (7.25%)
Ex-Dividend Date May 7, 2024
Volume 76,185
Open 13.12
Previous Close 13.15
Day's Range 13.12 - 13.27
52-Week Range 12.98 - 15.70
Beta 0.64
Analysts Strong Buy
Price Target 16.17 (+22.13%)
Earnings Date Aug 6, 2024

About PSTL

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. As of December 31, 2023, PSTL owned 1,509 properties (including two properties accounted for as financing leases) located in 49 states and one territory comprising ... [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date May 15, 2019
Employees 46
Stock Exchange NYSE
Ticker Symbol PSTL
Full Company Profile

Financial Performance

In 2023, PSTL's revenue was $63.71 million, an increase of 19.47% compared to the previous year's $53.33 million. Earnings were $3.71 million, a decrease of -3.76%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for PSTL stock is "Strong Buy." The 12-month stock price forecast is $16.17, which is an increase of 22.13% from the latest price.

Price Target
$16.17
(22.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Postal Realty to Present at Nareit's REITweek 2024

CEDARHURST, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 propertie...

6 weeks ago - GlobeNewsWire

Postal Realty Trust, Inc. Reports First Quarter 2024 Results

- Acquired 29 USPS Properties for $18.5  Million - - Acquired at a Weighted Average Capitalization Rate of 7.8% - - Raised $14 Million from ATM Program & OP Units to Fund Acquisitions - - Collected 10...

2 months ago - GlobeNewsWire

Postal Realty to Participate in the BMO Annual Real Estate Conference

CEDARHURST, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 propert...

2 months ago - GlobeNewsWire

Postal Realty Trust Declares First Quarter 2024 Dividend

CEDARHURST, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 propert...

2 months ago - GlobeNewsWire

Postal Realty Trust, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024

CEDARHURST, N.Y., April 19, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 propert...

2 months ago - GlobeNewsWire

Postal Realty Trust to Present at Sidoti Virtual Investor Conference March 13

CEDARHURST, N.Y., March 05, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 propert...

4 months ago - GlobeNewsWire

Postal Realty Trust, Inc. Reports Fourth Quarter and Year End 2023 Results

- Acquired 75 USPS Properties for $20.7  Million in Fourth Quarter 2023 - - Net Income Attributable to Common Shareholders of $0.12 and Adjusted Funds from Operations of $1.07 Per Diluted Share for th...

4 months ago - GlobeNewsWire

Postal Realty Trust, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on February 26, 2024

CEDARHURST, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properti...

5 months ago - GlobeNewsWire

Postal Realty Trust Declares Fourth Quarter 2023 Dividend

– Increases Quarterly Dividend to $0.24 Per Share – – Provides Tax Characteristics of 2023 Dividends – CEDARHURST, N.Y., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “...

5 months ago - GlobeNewsWire

Postal Realty Trust, Inc. Provides Fourth Quarter and Full Year 2023 Update

CEDARHURST, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 postal p...

6 months ago - GlobeNewsWire

Postal Realty to Participate in Jefferies Real Estate Conference

CEDARHURST, N.Y., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL), an internally managed real estate investment trust that owns and manages over 1,800 properties leased primar...

7 months ago - GlobeNewsWire

Postal Realty to Present at Nareit's REITworld 2023

CEDARHURST, N.Y., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL), an internally managed real estate investment trust that owns and manages over 1,800 properties leased primar...

8 months ago - GlobeNewsWire

Postal Realty Trust, Inc. Reports Third Quarter 2023 Results

- Acquired 70 USPS Properties for $24.2  Million - - 100% of Debt Set to Fixed Rates - - Collected 100% of Contractual Rents -

8 months ago - GlobeNewsWire

Postal Realty Trust Declares Third Quarter 2023 Dividend

CEDARHURST, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,800 properti...

9 months ago - GlobeNewsWire

Postal Realty Trust, Inc. to Report Third Quarter 2023 Financial Results on October 30, 2023

CEDARHURST, N.Y., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,800 properti...

9 months ago - GlobeNewsWire

Postal Realty Trust to Present at Sidoti Virtual Investor Conference September 20-21

CEDARHURST, N.Y., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,750 propert...

10 months ago - GlobeNewsWire

Postal Realty Trust, Inc. Reports Second Quarter 2023 Results

- Acquired 39 USPS Properties for $15.8  Million During the Second Quarter - - 100% of Debt Set to Fixed Rates & No Outstanding Revolver Balance - - Collected 100% of Contractual Rents -

11 months ago - GlobeNewsWire

Postal Realty Trust Declares Second Quarter 2023 Dividend

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,750 postal properties leased ...

1 year ago - Business Wire

Postal Realty Trust, Inc. to Report Second Quarter 2023 Financial Results on August 8, 2023

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,750 properties leased primari...

1 year ago - Business Wire

Postal Realty to Present at Nareit's REITweek 2023

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,700 properties leased primari...

1 year ago - Business Wire

Postal Realty Trust, Inc. Reports First Quarter 2023 Results

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,700 properties leased primari...

1 year ago - Business Wire

Postal Realty Trust Declares First Quarter 2023 Dividend

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,700 postal properties leased ...

1 year ago - Business Wire

Postal Realty Trust, Inc. to Report First Quarter 2023 Financial Results on May 2, 2023

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,700 properties leased primari...

1 year ago - Business Wire

Postal Realty Trust, Inc. Reports Fourth Quarter and Year End 2022 Results

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,700 properties leased primari...

1 year ago - Business Wire

Postal Realty Trust, Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023

CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,650 properties leased prima...

1 year ago - Business Wire