Streetbeat News

PSTL

Postal Realty Trust, Inc.

https://www.postalrealtytrust.com

Industry

REIT - Office

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

Open

14.48

Mkt cap

331M

Volume

81K

High

14.58

P/E Ratio

179.88

52-wk high

15.15

Low

14.33

Div yield

0.08

52-wk low

13.00

Postal Realty Trust reported that for Q4, they collected 100% of their contractual rents. This indicates strong performance in terms of revenue collection for the quarter.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:52 pm

Postal Realty Trust reported that for Q4, it collected only 10% of its contractual rents, indicating a significant shortfall in revenue collection for the quarter.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 9:52 pm

Truist Securities analyst Ki Bin Kim has reiterated a Hold rating on Postal Realty Trust (NYSE:PSTL) and maintained a $16 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 5:54 pm

Postal Realty Trust (NYSE:PSTL) reported Q3 2023 earnings of $0.27 per share, a 3.85% increase YoY. The company also reported quarterly sales of $16.11M, beating the analyst consensus estimate of $15.76M by 2.20% and marking a 16.92% increase YoY.

Portfolio Pulse from bharat@benzinga.com

October 30, 2023 | 8:18 pm

Postal Realty Trust (NYSE:PSTL) has announced a quarterly dividend of 23.75 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own PSTL as of the end of Monday's session are eligible to receive the dividend, which will be paid out on November 30, 2023.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 2:45 pm

Truist Securities analyst Ki Bin Kim has reiterated a 'Hold' rating on Postal Realty Trust (NYSE:PSTL) and maintained a price target of $16.

Portfolio Pulse from richadhand@benzinga.com

August 21, 2023 | 2:13 pm

Postal Realty Trust (NYSE:PSTL) reported Q2 earnings of $0.27 per share, a 12.5% increase YoY. The company's quarterly sales of $15.46 million beat the analyst consensus estimate of $15.03 million by 2.84%, marking a 21.48% increase YoY.

Portfolio Pulse from saritha@benzinga.com

August 08, 2023 | 8:47 pm

Stifel analyst Stephen Manaker maintains a 'Buy' rating on Postal Realty Trust (NYSE:PSTL) but has lowered the price target from $18 to $17.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:36 pm

Truist Securities analyst Ki Bin Kim has reiterated a 'Hold' rating on Postal Realty Trust (NYSE:PSTL) and maintained a price target of $16.

Portfolio Pulse from richadhand@benzinga.com

June 28, 2023 | 2:54 pm

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