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 |
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
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 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 present at the 2024 Midwest IDEAS Investor Conference at The Gwen in Chicago, IL on Wednesday, August 28, 2024 at 9:15 AM Central Time. A live webcast of the presentation will be available on the Investors section of 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
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 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 present at Nareit's REITweek: 2024 Investor Conference on Tuesday, June 4, 2024, at 9:30 AM ET. A live audio webcast of the presentation will be available on the Investors section of Postal Realty's website Postal Realty Trust - Inve
- 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 100% of Contractual Rents - CEDARHURST, N.Y., May 07, 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 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 March 31, 2024. Highlights for the Quarter Ended March 31, 2024 Acquired 29 USPS properties for a
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 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 the BMO Annual Real Estate Conference at the InterContinental Barclay New York on Wednesday, May 8, 2024. The Company will host meetings with the investment community during the conference. The Company will also par
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
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
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., 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
- 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 100% of Contractual Rents - CEDARHURST, N.Y., May 07, 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 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 March 31, 2024. Highlights for the Quarter Ended March 31, 2024 Acquired 29 USPS properties for a
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 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 first quarter 2023 dividend. The dividend will be payable on May 31, 2024 to stockholders of record as of the close of business on May 8, 2024. About Postal Realty Trust, Inc
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 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 March 31, 2024, on Tuesday, May 7, 2024, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the first quarter 2024 financial results on Wednesday, May 8, 2024, at 9:00 A.M. Eastern Time. A live audio webcast of the confere
- 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 the Year Ended 2023 -- Raised Dividend Per Share for Fifth Consecutive Year -- Collected 100% of Contractual Rents - CEDARHURST, N.Y., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,900 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 ende
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 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 and year ended December 31, 2023, on Monday, February 26, 2024, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the fourth quarter and full year 2023 financial results on Tuesday, February 27, 2024, at 9:00 A.M. Eastern
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)
8-K - Postal Realty Trust, Inc. (0001759774) (Filer)
8-K - 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)
10-Q - Postal Realty Trust, Inc. (0001759774) (Filer)
8-K - Postal Realty Trust, Inc. (0001759774) (Filer)
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Stifel analyst Simon Yarmak reinstates Postal Realty Trust (NYSE:PSTL) with a Buy and announces $15.5 price target.
Postal Realty Trust (NYSE:PSTL) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.21 by 19.05 percent. This is a 7.41 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $17.287 million which beat the analyst consensus estimate of $17.120 million by 0.98 percent. This is a 14.12 percent increase over sales of $15.148 million the same period last year.
Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Lovesac The Trade: The Lovesac Company (NASDAQ:LOVE) Director Andrew R Heyer acquired a total of 22,000 shares an average
Although U.S. stocks closed lower on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. MasterCraft Boat Holdings The Trade: MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) 10% owner Adam Gray acquired a total of 72,6
Postal Realty Trust (NYSE:PSTL) reported quarterly earnings of $0.26 per share. This is a 7.14 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $17.00 million which beat the analyst consensus estimate of $16.32 million by 4.17 percent. This is a 14.10 percent increase over sales of $14.90 million the same period last year.
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Truist Securities analyst Ki Bin Kim reiterates Postal Realty Trust (NYSE:PSTL) with a Hold and maintains $16 price target.
Postal Realty Trust (NYSE:PSTL) reported quarterly earnings of $0.27 per share. This is a 3.85 percent increase over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $16.11 million which beat the analyst consensus estimate of $15.76 million by 2.20 percent. This is a 16.92 percent increase over sales of $13.78 million the same period last year.