Postal Realty Trust (PSTL) Scheduled to Post Earnings on Tuesday

Postal Realty Trust (NYSE:PSTL) will be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Postal Realty Trust to post earnings of $0.26 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Postal Realty Trust (NYSE:PSTL) last announced its earnings results on Monday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.21). Postal Realty Trust had a net margin of 5.82% and a return on equity of 1.28%. The company had revenue of $17.00 million for the quarter, compared to the consensus estimate of $16.48 million. During the same quarter in the previous year, the firm earned $0.28 earnings per share. On average, analysts expect Postal Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Postal Realty Trust Trading Up 0.4 %

Shares of Postal Realty Trust stock traded up $0.06 during trading on Tuesday, reaching $13.84. The company’s stock had a trading volume of 8,069 shares, compared to its average volume of 95,172. Postal Realty Trust has a 52-week low of $12.98 and a 52-week high of $15.71. The company has a market cap of $311.54 million, a price-to-earnings ratio of 125.19, a PEG ratio of 2.36 and a beta of 0.65. The firm’s 50-day moving average is $13.98 and its two-hundred day moving average is $14.07. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.80.

Postal Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Friday, February 16th were paid a $0.24 dividend. This is a boost from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date was Thursday, February 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.94%. Postal Realty Trust’s dividend payout ratio is 872.81%.

Insider Activity at Postal Realty Trust

In other Postal Realty Trust news, Treasurer Jeremy Garber sold 3,651 shares of the company’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $14.00, for a total value of $51,114.00. Following the completion of the transaction, the treasurer now directly owns 233,020 shares in the company, valued at approximately $3,262,280. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Postal Realty Trust news, CEO Andrew Spodek acquired 10,000 shares of Postal Realty Trust stock in a transaction that occurred on Wednesday, April 10th. The stock was bought at an average cost of $13.75 per share, for a total transaction of $137,500.00. Following the acquisition, the chief executive officer now owns 237,518 shares of the company’s stock, valued at $3,265,872.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Treasurer Jeremy Garber sold 3,651 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $14.00, for a total transaction of $51,114.00. Following the transaction, the treasurer now owns 233,020 shares in the company, valued at approximately $3,262,280. The disclosure for this sale can be found here. Insiders bought 19,819 shares of company stock worth $270,057 in the last three months. 13.20% of the stock is owned by insiders.

Postal Realty Trust Company Profile

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.