Equity research analysts expect Postal Realty Trust, Inc. (NYSE: PSTL – Get Rating) to report earnings per share (EPS) of $0.25 for the current fiscal quarter, Zacks reports. Three analysts released earnings estimates for Postal Realty Trust, with estimates ranging from $0.23 to $0.27. Postal Realty Trust reported earnings of $0.26 per share in the same quarter last year, indicating a negative 3.8% year-over-year growth rate. The company is expected to release its next earnings report on Monday, January 1.

According to Zacks, analysts expect Postal Realty Trust to report full year earnings of $1.02 per share for the current fiscal year, with EPS estimates ranging from $0.98 to $1.07. For next year, analysts expect the company to post earnings of $1.11 per share, with EPS estimates ranging from $1.05 to $1.19. Zacks Investment Research’s earnings per share calculations are an average average based on a survey of sell-side analysts who provide coverage for Postal Realty Trust.

Postal Realty Trust (NYSE:PSTL – Get Rating) last released quarterly earnings data on Wednesday, May 11. The company reported earnings per share of $0.02 for the quarter, missing analyst consensus estimates of $0.19 per ($0.17). Postal Realty Trust posted a return on equity of 1.13% and a net margin of 5.91%. In the same quarter last year, the company posted earnings per share of $0.27.

Several research firms have recently weighed in on PSTL. Zacks Investment Research downgraded shares of Postal Realty Trust from a “hold” rating to a “sell” rating in a Tuesday, May 24 research note. Aegis launched a hedge on shares of Postal Realty Trust in a Monday, March 21 research report. They set a “buy” rating and a price target of $23.00 for the company. BMO Capital Markets cut shares of Postal Realty Trust from an “outperform” rating to a “market performer” rating and lowered its price target for the company from $22.00 to $19.00 in a Friday, March 25 report. Finally, Truist Financial launched a hedge on the shares of Postal Realty Trust in a report on Monday, February 7. They issued a “hold” rating and a price target of $19.00 for the company. One equity research analyst gave the stock a sell rating, two gave the company a hold rating and two gave the company a buy rating. According to data from MarketBeat, Postal Realty Trust has a consensus rating of “Hold” and an average target price of $20.60.

PSTL opened at $15.79 on Friday. The company’s fifty-day simple moving average is $16.66 and its two-hundred-day simple moving average is $17.54. The company has a quick ratio of 3.19, a current ratio of 3.75 and a leverage ratio of 0.46. The company has a market capitalization of $296.30 million, a price/earnings ratio of 121.47, a PEG ratio of 2.94 and a beta of 0.54. Postal Realty Trust has a 52-week low of $14.75 and a 52-week high of $21.27.

The company also recently declared a quarterly dividend, which was paid on Friday, May 27. Investors of record on Friday, May 13 received a dividend of $0.23. This is an increase from Postal Realty Trust’s previous quarterly dividend of $0.23. The ex-dividend date was Thursday, May 12. This represents an annualized dividend of $0.92 and a yield of 5.83%. Postal Realty Trust’s dividend payout ratio is 707.75%.

A number of hedge funds have recently increased or reduced their stake in PSTL. BlackRock Inc. increased its stake in Postal Realty Trust by 24.4% in Q1. BlackRock Inc. now owns 973,723 shares of the company valued at $16,378,000 after purchasing an additional 190,989 shares during the period. Vanguard Group Inc. increased its stake in Postal Realty Trust by 3.4% in Q1. Vanguard Group Inc. now owns 818,033 shares of the company valued at $13,760,000 after purchasing an additional 26,963 shares during the period. Nuveen Asset Management LLC increased its stake in Postal Realty Trust by 51.4% in Q4. Nuveen Asset Management LLC now owns 433,013 shares of the company valued at $8,573,000 after purchasing an additional 147,059 shares during the period. Ancora Advisors LLC increased its stake in Postal Realty Trust by 13.5% in the 1st quarter. Ancora Advisors LLC now owns 337,798 shares of the company valued at $5,803,000 after purchasing an additional 40,071 shares during the period. Finally, Renaissance Technologies LLC increased its stake in Postal Realty Trust by 16.3% in the 1st quarter. Renaissance Technologies LLC now owns 336,850 shares of the company valued at $5,666,000 after purchasing an additional 47,100 shares during the period. Hedge funds and other institutional investors own 73.45% of the company’s shares.

About the Postal Real Estate Trust (Get a rating)

Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages more than 1,000 USPS-leased properties. The Company believes that it is one of the largest owners and managers of properties leased to the USPS.

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