Postal Realty Trust, Inc. (PSTL)
Market Cap | 391.22M |
Revenue (ttm) | 72.01M |
Net Income (ttm) | 1.76M |
Shares Out | 28.31M |
EPS (ttm) | 0.08 |
PE Ratio | 174.07 |
Forward PE | 276.40 |
Dividend | $0.96 (6.95%) |
Ex-Dividend Date | Nov 4, 2024 |
Volume | 65,410 |
Open | 13.81 |
Previous Close | 13.92 |
Day's Range | 13.75 - 13.90 |
52-Week Range | 13.00 - 15.15 |
Beta | 0.66 |
Analysts | Buy |
Price Target | 15.75 (+13.97%) |
Earnings Date | Nov 4, 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 comprisin... [Read more]
Financial Performance
In 2023, Postal Realty Trust's revenue was $63.71 million, an increase of 19.47% compared to the previous year's $53.33 million. Earnings were $2.34 million, a decrease of -18.03%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for PSTL stock is "Buy." The 12-month stock price forecast is $15.75, which is an increase of 13.97% from the latest price.
News
Postal Realty Trust: Positive Q3 Developments, Shares Attractive
Postal Realty Trust shares continue to offer investors a reliable stream of growing dividend payments. At current trading values, the dividend yields about 6.7%. This is above the yield offered by oth...
Postal Realty Trust, Inc. (PSTL) Q3 2024 Earnings Call Transcript
Postal Realty Trust, Inc. (NYSE:PSTL) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Jordan Cooperstein – Vice President of FP&A, Capital Markets Andrew Spodek – Ch...
Postal Realty Trust, Inc. Reports Third Quarter 2024 Results
- Agreed to New Rents on all 2023 & 2024 Negotiated Leases - - Increased Term Loan Commitments by $50 Million - - Acquired 35 USPS Properties for $13.3 Million at a Weighted Average Capitalization Rat...
Return To Sender: Sell Postal Realty Trust
PSTL represents a classic value trap with a high payout ratio. FFO has been grown by selling shares in a way that is not accretive for shareholders. The 6.58% dividend yield may look attractive, but i...
Postal Realty Trust, Inc. to Report Third Quarter 2024 Financial Results on November 4, 2024
CEDARHURST, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properti...
Postal Realty Trust Declares Third Quarter 2024 Dividend
CEDARHURST, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properti...
Postal Realty Trust, Inc. Provides Leasing Update
CEDARHURST, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 propert...
3 Small Cap REITs That Are Hard To Beat
Over my 15 years on Seeking Alpha, I've identified exceptional small-cap REITs like Ladder Capital and Whitestone Realty, yielding significant returns. Alpine Income Property Trust has a strong invest...
Postal Realty: Mission-Critical Rent Checks
Postal Realty Trust offers stable, high occupancy rates due to its focus on mission-critical properties leased to the U.S. Postal Service. Strategic acquisitions and high tenant retention rates suppor...
2 Under-The-Radar Net Lease REITs: Where's The Love?
Postal Realty Trust is a net lease REIT focused on USPS properties, with a 6.2 million SF portfolio and growth potential through consolidation. Getty Realty specializes in convenience stores and autom...
5 Recession-Resistant Stocks That Won't Weigh You Down In A Soft Landing
Opposition hedging, while common, can reduce returns as it hedges against the main portfolio direction. We prefer using companies with inherently resilient business models to reduce economic exposure....
Postal Realty to Present at the 2024 Midwest IDEAS Investor Conference
CEDARHURST, N.Y., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properti...
Postal Realty Trust Inc (PSTL) Q2 2024 Earnings Call Transcript
Postal Realty Trust Inc (NYSE:PSTL) Q2 2024 Results Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Jordan Cooperstein - Vice President, FP&A, Capital Markets Andrew Spodek - ...
Postal Realty Trust, Inc. Reports Second Quarter 2024 Results
- Acquired 70 USPS Properties for $28.3 Million - - Acquired at a Weighted Average Capitalization Rate of 7.6% - - Collected 100% of Contractual Rents -
Postal Realty Trust, Inc. to Report Second Quarter 2024 Financial Results on August 6, 2024
CEDARHURST, N.Y., July 24, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properti...
Postal Realty Trust Declares Second Quarter 2024 Dividend
CEDARHURST, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properti...
Who's Buying These Higher-Risk Small Cap REITs?
Big tech and AI dominate financial headlines. Small-cap companies offer potential for growth and investment opportunities. Three small-cap REITs worth considering: Global Self Storage, Postal Realty T...
Postal Realty Trust: A Steady Dividend Payer, Yielding Over 7%
Postal Realty Trust appears to be flying under the radar of income-focused investors. Shares have struggled over the past year but have tracked in a narrow trading range, minimizing investor exposure ...
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...
Postal Realty Trust Inc (PSTL) Q1 2024 Earnings Call Transcript
Postal Realty Trust Inc (NYSE:PSTL) Q1 2024 Results Conference Call May 8, 2024 9:00 AM ET Company Participants Jordan Cooperstein - IR Andrew Spodek - CEO Jeremy Garber - President Robert Klein - CF...
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...
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...
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...
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...
Postal Realty Trust: Collect Steady Dividend Checks From The Mailman
Postal Realty Trust (PSTL) owns mission-critical properties leased to the USPS, representing 6% of the leased market. PSTL had a strong year with double-digit growth in FFO and revenue, and expects to...