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.
IPO Year: 2019
Exchange: NYSE
Website: postalrealtytrust.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/17/2024 | $15.50 | Buy | Stifel |
| 3/25/2022 | $22.00 → $19.00 | Outperform → Market Perform | BMO Capital Markets |
| 2/7/2022 | $19.00 | Hold | Truist Securities |
| 11/3/2021 | $22.00 | Buy | Colliers Securities |
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased primarily to the United States Postal Service (“USPS”), is pleased to announce the appointment of Robert Klein as the Company’s Chief Financial Officer (“CFO”). Mr. Klein joined the Company on January 1, 2021 pursuant to an employment agreement entered into between Mr. Klein and the Company. Andrew Spodek, Postal Realty’s Chief Executive Officer commented, “We are very excited to have Rob join us as our CFO. Rob’s capital markets and public real estate company expertise complements the strength of our Financial Rep
Stifel resumed coverage of Postal Realty with a rating of Buy and set a new price target of $15.50
BMO Capital Markets downgraded Postal Realty from Outperform to Market Perform and set a new price target of $19.00 from $22.00 previously
Truist Securities initiated coverage of Postal Realty Trust with a rating of Hold and set a new price target of $19.00
Colliers Securities initiated coverage of Postal Realty with a rating of Buy and set a new price target of $22.00
- Introduces 2025 AFFO Guidance of $1.20 to $1.22 per diluted share -- Executed New Leases with 3% Annual Rent Escalations & Ten-Year Term -- 2024 Acquisitions of $91 Million at an Average Capitalization Rate of 7.6% -- Raised Dividend per share for Seventh Consecutive Year - CEDARHURST, N.Y., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, today announced results for the quarter and year ended December 31, 2024. Highlights for
CEDARHURST, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended December 31, 2024, on Wednesday, February 26, 2025, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the fourth quarter 2024 financial results on Thursday, February 27, 2025, at 9:00 A.M. Eastern Time. A live audio webcast
– Increases Dividend for Seventh Consecutive Year – – Provides Tax Characteristics of 2024 Dividends – CEDARHURST, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) -- This press release is being issued to replace in its entirety a press release issued on January 30, 2025 by Postal Realty Trust, Inc. that contained a typographical error regarding the Section 199A Dividend amount. Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors ha
– Increases Dividend for Seventh Consecutive Year – – Provides Tax Characteristics of 2024 Dividends – CEDARHURST, N.Y., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company's Class A common stock in the amount of $0.2425 per share. This represents a 1.0% increase from the fourth quarter 2023 dividend. The dividend will be payable on Februar
- Executed New Leases with 3% Annual Rent Escalations & Ten-Year Term -- Acquired 197 Properties for $91 Million in 2024 -- Full Year 2024 Weighted Average Capitalization Rate of 7.6% - CEDARHURST, N.Y., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 postal properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, provided an update on its acquisitions, re-leasing and capital markets activity for the fourth quarter of 2024. The Company also provided an update on its portfolio, balanc
CEDARHURST, N.Y., Nov. 07, 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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that Andrew Spodek, Chief Executive Officer, Jeremy Garber, President, and Robert Klein, Chief Financial Officer, will participate in Nareit's REITworld: 2024 Annual Conference in Las Vegas, NV from Tuesday, November 19, 2024 through Wednesday, November 20, 2024. The Company will host meetings with the investment community during the conference. Th
- 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 Rate of 7.5% - CEDARHURST, N.Y., Nov. 04, 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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended September 30, 2024. Highlights for the Quarter Ended September 30, 2024 22% growth in revenues from th
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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended September 30, 2024, on Monday, November 4, 2024, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the third quarter 2024 financial results on Tuesday, November 5, 2024, at 9:00 A.M. Eastern Time. A live audio webcast of th
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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company's Class A common stock in the amount of $0.24 per share. This represents a 1.1% increase from the third quarter 2023 dividend. The dividend will be payable on November 29, 2024 to stockholders of record as of the close of business on November 4, 2024. About Postal Realty T
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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today an update on its ongoing lease negotiations with the USPS. Leasing Update Agreed to new rents on all expired 2023 leases and the majority of the expired and scheduled to expire 2024 leases.As of September 25, 2024, the Company had received 162 fully executed new leases from the USPS, representing 2023 and 2024 leases that have expired and are sch
10-K - Postal Realty Trust, Inc. (0001759774) (Filer)
8-K - Postal Realty Trust, Inc. (0001759774) (Filer)
SCHEDULE 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SCHEDULE 13G - Postal Realty Trust, Inc. (0001759774) (Subject)
8-K - Postal Realty Trust, Inc. (0001759774) (Filer)
424B5 - Postal Realty Trust, Inc. (0001759774) (Filer)
10-Q - Postal Realty Trust, Inc. (0001759774) (Filer)
8-K - Postal Realty Trust, Inc. (0001759774) (Filer)
8-K - Postal Realty Trust, Inc. (0001759774) (Filer)
8-K - Postal Realty Trust, Inc. (0001759774) (Filer)
SC 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G/A - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G - Postal Realty Trust, Inc. (0001759774) (Subject)
SC 13G - Postal Realty Trust, Inc. (0001759774) (Subject)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
4 - Postal Realty Trust, Inc. (0001759774) (Issuer)
- Introduces 2025 AFFO Guidance of $1.20 to $1.22 per diluted share -- Executed New Leases with 3% Annual Rent Escalations & Ten-Year Term -- 2024 Acquisitions of $91 Million at an Average Capitalization Rate of 7.6% -- Raised Dividend per share for Seventh Consecutive Year - CEDARHURST, N.Y., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, today announced results for the quarter and year ended December 31, 2024. Highlights for
CEDARHURST, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended December 31, 2024, on Wednesday, February 26, 2025, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the fourth quarter 2024 financial results on Thursday, February 27, 2025, at 9:00 A.M. Eastern Time. A live audio webcast
– Increases Dividend for Seventh Consecutive Year – – Provides Tax Characteristics of 2024 Dividends – CEDARHURST, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) -- This press release is being issued to replace in its entirety a press release issued on January 30, 2025 by Postal Realty Trust, Inc. that contained a typographical error regarding the Section 199A Dividend amount. Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors ha
– Increases Dividend for Seventh Consecutive Year – – Provides Tax Characteristics of 2024 Dividends – CEDARHURST, N.Y., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company's Class A common stock in the amount of $0.2425 per share. This represents a 1.0% increase from the fourth quarter 2023 dividend. The dividend will be payable on Februar
- 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 Rate of 7.5% - CEDARHURST, N.Y., Nov. 04, 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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended September 30, 2024. Highlights for the Quarter Ended September 30, 2024 22% growth in revenues from th
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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended September 30, 2024, on Monday, November 4, 2024, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the third quarter 2024 financial results on Tuesday, November 5, 2024, at 9:00 A.M. Eastern Time. A live audio webcast of th
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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company's Class A common stock in the amount of $0.24 per share. This represents a 1.1% increase from the third quarter 2023 dividend. The dividend will be payable on November 29, 2024 to stockholders of record as of the close of business on November 4, 2024. About Postal Realty T
- Acquired 70 USPS Properties for $28.3 Million -- Acquired at a Weighted Average Capitalization Rate of 7.6% -- Collected 100% of Contractual Rents - CEDARHURST, N.Y., Aug. 06, 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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended June 30, 2024. Highlights for the Quarter Ended June 30, 2024 Acquired 70 USPS properties for approximately $28.3 million, excluding closing costs, a
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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended June 30, 2024, on Tuesday, August 6, 2024, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the second quarter 2024 financial results on Tuesday, August 6, 2024, at 4:30 P.M. Eastern Time. A live audio webcast of the conf
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 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company's Class A common stock in the amount of $0.24 per share. This represents a 1.1% increase from the second quarter 2023 dividend. The dividend will be payable on August 30, 2024 to stockholders of record as of the close of business on August 2, 2024. About Postal Realty Trus