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3 Reasons Growth Investors Will Love Postal Realty Trust (PSTL)
ZACKS· 2025-10-23 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Sty ...
Postal Realty Trust Declares Third Quarter 2025 Dividend
Globenewswire· 2025-10-22 20:10
Core Points - Postal Realty Trust, Inc. announced a quarterly dividend of $0.2425 per share on its Class A common stock, marking a 1.0% increase from the previous quarter's dividend [1] - The dividend is scheduled to be paid on November 28, 2025, to stockholders of record as of November 4, 2025 [1] Company Overview - Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,200 properties primarily leased to the United States Postal Service (USPS) [2]
Postal Realty Trust, Inc. to Report Third Quarter 2025 Financial Results on November 4, 2025
Globenewswire· 2025-10-21 20:05
CEDARHURST, N.Y., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,200 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended September 30, 2025, on Tuesday, November 4, 2025, after market close. Webcast and Call Information: T ...
Down 7% in 4 Weeks, Here's Why Postal Realty Trust (PSTL) Looks Ripe for a Turnaround
ZACKS· 2025-10-10 14:36
Postal Realty Trust (PSTL) has been beaten down lately with too much selling pressure. While the stock has lost 7.1% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change ...
Postal Realty Trust, Inc. (PSTL) Extends Maturities for Its Revolving, Term, and Delayed-Draw Loans and Fixed Interest Rates at 4.73% Until January 2030
Yahoo Finance· 2025-10-01 23:18
Postal Realty Trust, Inc. (NYSE:PSTL) is one of the 20 Best Stocks to Buy and Hold for a Lifetime, known for its significant dividend growth. Postal Realty Trust, Inc. (PSTL) Extends Maturities for Its Revolving, Term, and Delayed-Draw Loans and Fixed Interest Rates at 4.73% Until January 2030 Postal Realty Trust, Inc. (NYSE:PSTL) extended maturities for its revolving, term, and delayed-draw loans and fixed interest rates at 4.73% until January 2030, when it closed on an expanded $440 million credit faci ...
Postal Realty Trust, Inc. Appoints Steve Bakke as Chief Financial Officer
Globenewswire· 2025-09-25 11:30
Core Viewpoint - Postal Realty Trust, Inc. has appointed Steve Bakke as Executive Vice President and Chief Financial Officer, effective November 5, 2025, to enhance its financial strategy and stakeholder relationships [1][2]. Company Overview - Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,200 properties primarily leased to the United States Postal Service (USPS) [5]. Leadership Appointment - Steve Bakke's extensive experience in Capital Markets, Financial and Corporate Strategy, and Investor Relations is expected to complement the company's growth strategy [2]. - Bakke previously served as Senior Vice President of Corporate Finance at Realty Income Corp., overseeing Capital Markets, Financial Planning & Analysis, and Investor Relations [2]. - His background includes roles on both the buy side and sell side of the REIT market, providing valuable insights for the company [2]. Search Process - The selection of Mr. Bakke followed a comprehensive search led by Marcus & Associates, indicating a thorough approach to leadership recruitment [3].
Postal Realty Trust, Inc. Recasts and Expands Credit Facilities to $440 Million
Globenewswire· 2025-09-22 11:30
Core Points - Postal Realty Trust, Inc. has expanded its aggregate credit facilities to $440 million, enhancing its liquidity and extending the maturity dates of its existing credit facilities [1][2][3] - The new credit facility includes a $150 million senior unsecured revolving credit facility, a $115 million term loan (up from $75 million), and a $175 million delayed draw term loan facility [3][5] - The company has entered into an interest rate swap on $40 million, fixing the SOFR component of the interest rate through January 2030, resulting in an all-in current rate of 4.73% [4][5] Credit Facility Details - The 2025 Credit Facility replaces the prior credit facility and consists of three components: a $150 million revolving credit facility maturing in November 2029, a $115 million term loan maturing in January 2030, and a $175 million delayed draw term loan facility maturing in February 2028 [3][5] - The interest rates for the new facilities are based on SOFR plus a margin, with the revolving facility ranging from 1.5% to 2.0% per annum and the term loan facilities ranging from 1.45% to 1.95% per annum, depending on the company's consolidated leverage ratio [3][5] - The 2025 Credit Facility includes an accordion feature allowing for additional borrowing of up to $150 million under the revolving facility and up to $100 million under the term loan facility or the delayed draw term loan facility [3][5][6] Company Overview - Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,200 properties primarily leased to the United States Postal Service [8]
Postal Realty Trust (PSTL) FY Conference Transcript
2025-08-26 22:12
Summary of Postal Realty Trust (PSTL) FY Conference Call - August 26, 2025 Company Overview - **Company**: Postal Realty Trust (PSTL) - **Industry**: Real Estate Investment Trust (REIT) focused on postal service properties Key Points and Arguments 1. **Market Size and Structure**: The postal service leases approximately 23,000 facilities, paying around $1.6 billion in rent, which constitutes only 1.5% of its operating expenses, indicating a fragmented market with significant potential for growth [6][7][8] 2. **Retention Rate**: The company has maintained a retention rate of over 99% for the past decade, showcasing the stability of its rental income despite economic fluctuations [3][23] 3. **Growth Strategy**: The company has grown its portfolio from 270 properties to over 1,850 properties since going public, acquiring 200 to 300 properties annually [15][16] 4. **Acquisition Guidance**: The company has adjusted its acquisition guidance for the year to be at or above $90 million, with a focus on properties purchased at or above a 7.5% cap rate [17] 5. **Earnings Growth**: The company reported an 8% year-over-year earnings growth and updated its earnings guidance to $1.24 to $1.26 per share, alongside same-store NOI guidance of 7% to 9% [17][18] 6. **Lease Structure**: The company has instituted 10-year leases with 3% annual escalations, which is more favorable compared to the typical 5-year fixed leases held by other owners [21][72] 7. **Off-Market Deals**: Approximately 75% of the company's deals are off-market, providing a competitive advantage in acquiring properties without broker involvement [14] 8. **Tax Efficiency**: The operating partnership units allow property owners to exchange their properties without triggering capital gains tax, making it an attractive option for sellers [10][64] 9. **Market Positioning**: The company aims to capture 8-9% of the $12-15 billion postal real estate market, with a focus on increasing its market cap and liquidity [50][52] 10. **Cost of Capital**: As the company grows, it anticipates a decrease in its cost of capital, which will enhance its acquisition capabilities [52][53] Additional Important Insights - **Demographics of Property Owners**: Many current property owners are older individuals who may not negotiate effectively, providing an opportunity for the company to acquire properties at favorable terms [32][34] - **Flexibility in Property Use**: The properties can be converted for various uses, such as medical offices or retail, which adds to their value [24][68] - **Operational Efficiencies**: The company has focused on finding efficiencies in property operations, contributing to its earnings growth [18][41] - **Long-Term Vision**: The CEO emphasizes a long-term strategy focused on sustainable growth rather than short-term monetization [15][62] This summary encapsulates the key points discussed during the conference call, highlighting the company's strategic positioning, growth potential, and operational efficiencies within the postal real estate market.
Postal Realty Trust(PSTL) - 2025 Q2 - Earnings Call Transcript
2025-08-05 14:00
Financial Data and Key Metrics Changes - The company reported adjusted funds from operations (AFFO) per share of $0.33 for Q2 2025, leading to an increase in full-year 2025 AFFO guidance to a range of $1.24 to $1.26 per share, reflecting nearly 8% year-over-year growth [6][7][15] - Funds from operations (FFO) for the quarter were $0.35 per diluted share, with the increase in guidance attributed to lower operating expenses and effective cost management [15][17] Business Line Data and Key Metrics Changes - The company executed ten-year leases for 31% of its portfolio, with 55% of leases featuring annual rent escalations, enhancing revenue predictability [4][5] - The same store cash net operating income (NOI) guidance was updated to a range of 7% to 9%, up from a previous range of 4% to 6%, driven by successful re-leasing efforts and reduced expenses [10][15] Market Data and Key Metrics Changes - The company completed acquisitions of 127 properties year-to-date for over $60 million, with a weighted average cap rate of 7.8% [8][9] - The net debt to annualized adjusted EBITDA ratio decreased to 5.1 times, down from 5.2 times in 2024, indicating improved leverage [9][17] Company Strategy and Development Direction - The company is focused on acquiring new assets and improving cash flow, with a strategy to consolidate a fragmented market [11][19] - The management emphasized the importance of maintaining a strong balance sheet while pursuing growth opportunities through acquisitions [5][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the value of the portfolio and its alignment with the Postal Service's mission, highlighting the importance of their partnership [11] - The new Postmaster General's commitment to the Postal Service's role in American infrastructure was noted as a positive development for the company's future [10][11] Other Important Information - The company raised nearly $18 million in equity through an ATM offering, indicating strong market support [17] - A quarterly dividend of $0.025 per share was approved, representing a 1% increase from the previous year, and remains well covered by AFFO [17] Q&A Session Summary Question: Can you walk us through the pickup in the same store NOI guidance? - Management explained that the increase in same store NOI is due to a combination of revenue growth from re-leasing efforts and reduced expenses, leading to a revised guidance [22][23] Question: What is driving the step down in the run rate for AFFO? - Management clarified that operating expenses are variable and depend on project scope and timing, with historical expense trends informing annual budgeting [24][25] Question: Can you discuss the efficiencies being implemented in acquisitions? - Management confirmed that while acquisitions are made at or above a 7.5% cap rate, operational efficiencies are expected to increase stabilized yields through effective management and leasing processes [28][29]
Postal Realty Trust(PSTL) - 2025 Q2 - Earnings Call Presentation
2025-08-05 13:00
Financial Performance & Growth - Same-store cash NOI growth was 5.5% for 2023 and 4.4% for 2024, with an estimated range of 7-9% for 2025[4, 21] - The company's dividend yield is attractive at 6.7% as of July 18, 2025, based on a share price of $14.52[4, 5] - Quarterly dividend has grown 73% since Q3 2019[4] - Current annual rent escalations are projected to contribute $0.02 – $0.06 of AFFO accretion from 2025 – 2027[12] Portfolio & Leasing - The company has a high weighted average lease retention rate of 99%[4, 35] - 34% of the portfolio has annual rent escalations[11] - 40% of current leases expire from 2025-2027, creating opportunities to mark rents to market[17] - The company's owned portfolio consists of 1,829 properties with 6.8 million interior square feet[56] - The company's annualized gross rent is $76.4 million[56, 57] Market Position & Strategy - The company's portfolio represents approximately 7% of the leased USPS market[28] - The company has acquired more than $600 million in real estate over the last seven years at or below replacement cost[4] - USPS operating lease payments represented only 1.5% of the USPS's total operating expenses in fiscal year 2024[35]