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

Postal Realty Trust (NYSE:PSTL) released its quarterly earnings data on Monday. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.23), Zacks reports. Postal Realty Trust had a return on equity of 1.10% and a net margin of 4.93%. The company had revenue of $19.67 million during the quarter, compared to analysts’ expectations of $18.49 million. During the same quarter in the prior year, the company posted $0.27 EPS.

Postal Realty Trust Trading Up 3.9 %

Shares of NYSE:PSTL opened at $14.55 on Wednesday. The business’s 50 day moving average price is $14.50 and its 200-day moving average price is $14.06. Postal Realty Trust has a 1 year low of $13.00 and a 1 year high of $15.15. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a market capitalization of $335.13 million, a price-to-earnings ratio of 181.88, a price-to-earnings-growth ratio of 2.59 and a beta of 0.67.

Postal Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 4th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, November 4th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.60%. Postal Realty Trust’s dividend payout ratio (DPR) is 1,200.00%.

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.