Postal Realty Trust, Inc. (NYSE:PSTL) Short Interest Update

Postal Realty Trust, Inc. (NYSE:PSTL) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 183,800 shares, a decline of 20.3% from the November 15th total of 230,700 shares. Based on an average daily volume of 89,700 shares, the short-interest ratio is presently 2.0 days.

Postal Realty Trust Stock Performance

Shares of Postal Realty Trust stock traded up $0.06 during trading on Friday, hitting $13.81. 110,011 shares of the company’s stock traded hands, compared to its average volume of 97,710. Postal Realty Trust has a 1 year low of $13.00 and a 1 year high of $15.15. The business has a 50-day simple moving average of $14.20 and a 200-day simple moving average of $14.11. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market capitalization of $323.84 million, a P/E ratio of 172.65, a PEG ratio of 2.46 and a beta of 0.66.

Postal Realty Trust (NYSE:PSTL) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23). Postal Realty Trust had a return on equity of 1.06% and a net margin of 4.55%. The company had revenue of $19.67 million during the quarter, compared to the consensus estimate of $18.49 million. During the same quarter in the prior year, the firm earned $0.27 earnings per share. As a group, analysts forecast that Postal Realty Trust will post 0.8 EPS for the current year.

Postal Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 4th were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.95%. Postal Realty Trust’s dividend payout ratio (DPR) is currently 1,200.15%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PSTL. Nisa Investment Advisors LLC increased its holdings in Postal Realty Trust by 16.5% during the second quarter. Nisa Investment Advisors LLC now owns 8,492 shares of the company’s stock valued at $113,000 after buying an additional 1,200 shares during the last quarter. HTLF Bank raised its holdings in Postal Realty Trust by 4.7% in the 2nd quarter. HTLF Bank now owns 125,814 shares of the company’s stock worth $1,677,000 after purchasing an additional 5,626 shares during the period. Bank of New York Mellon Corp raised its holdings in Postal Realty Trust by 6.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 127,797 shares of the company’s stock worth $1,704,000 after purchasing an additional 8,106 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Postal Realty Trust by 16.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 41,387 shares of the company’s stock valued at $552,000 after purchasing an additional 5,928 shares in the last quarter. Finally, Essex Financial Services Inc. grew its holdings in Postal Realty Trust by 27.5% during the second quarter. Essex Financial Services Inc. now owns 47,857 shares of the company’s stock valued at $638,000 after purchasing an additional 10,325 shares during the period. Institutional investors own 57.89% of the company’s stock.

About Postal Realty Trust

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.