Postal Realty Trust (NYSE:PSTL) Issues Quarterly Earnings Results

Postal Realty Trust (NYSE:PSTL) announced its quarterly earnings results on Monday. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23), Zacks reports. The firm had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. During the same quarter in the prior year, the business earned $0.27 EPS.

Postal Realty Trust Stock Performance

Shares of PSTL traded down $0.08 during mid-day trading on Thursday, reaching $14.45. The company’s stock had a trading volume of 39,436 shares, compared to its average volume of 97,693. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.88. 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 $14.50 and a two-hundred day simple moving average of $14.06. The stock has a market cap of $332.78 million, a P/E ratio of 181.65, a PEG ratio of 2.53 and a beta of 0.67.

Postal Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 4th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $0.96 annualized dividend and a yield of 6.64%. Postal Realty Trust’s dividend payout ratio is 1,200.15%.

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.