Postal Realty Trust (NYSE:PSTL) Issues Earnings Results

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

Postal Realty Trust Stock Performance

NYSE PSTL traded down $0.08 during 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 firm has a 50 day moving average price of $14.50 and a 200 day moving average price of $14.06. Postal Realty Trust has a 12 month low of $13.00 and a 12 month high of $15.15. The firm has a market capitalization of $332.78 million, a price-to-earnings ratio of 181.65, a price-to-earnings-growth ratio of 2.53 and a beta of 0.67. 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 Announces Dividend

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

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.