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Postal Realty Returns To Growth As Interest Expense Normalizes
Seeking Alpha· 2024-12-17 10:26
Postal Realty (NYSE:PSTL), despite being a small cap, is by far the market share leader in the post office real estate niche. The company owns over 1600 post office buildings and leases them to the USPS over 5-year or 10-year terms. This article will discuss Postal’s fundamental outlook along with management, valuation and risk factors. Properties and historical leasing Most REITs with over 1600 properties would be mid-caps or even large caps, but Post Offices are much smaller properties often acquired by P ...
Postal Realty Trust: Positive Q3 Developments, Shares Attractive
Seeking Alpha· 2024-11-14 16:57
Shares in Postal Realty Trust (NYSE: PSTL ) have remained stable over the past year, perhaps painfully so. While PSTL stock is up 5% for the past year, shares are down 1.3% YTD, if we only look at the price return. BroaderAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (ot ...
Postal Realty Trust(PSTL) - 2024 Q3 - Earnings Call Presentation
2024-11-05 17:41
| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | Corporate Information & Analyst Coverage 48 49 146 192 0 0 167 167 168 80 80 82 217 119 109 0 76 84 151 152 200 110 2 5 0 151 159 Key Management Andrew Spodek Chief Executive Officer Jeremy Garber President, Treasurer & Secretary Robert Klein Chief Financial Officer Jane Gural-Senders Member - Corporate Governance & Compensation Committee Board of Directors Patrick Donahoe Andrew Spodek Barry Lefkowitz Anton Feingold | --- | --- ...
Postal Realty Trust(PSTL) - 2024 Q3 - Earnings Call Transcript
2024-11-05 17:22
Postal Realty Trust, Inc. (NYSE:PSTL) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Jordan Cooperstein – Vice President of FP&A, Capital Markets Andrew Spodek – Chief Executive Officer Jeremy Garber – President Robert Klein – Chief Financial Officer Conference Call Participants Anthony Paolone – J.P. Morgan Ki Bin Kim – Truist Securities Steve Dumanski – Janney Eric Borden – BMO Capital Markets Operator Greetings, and welcome to Postal Realty Trust Third Quarter 2024 Earn ...
Postal Realty Trust (PSTL) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-05 00:36
For the quarter ended September 2024, Postal Realty Trust (PSTL) reported revenue of $19.67 million, up 22.1% over the same period last year. EPS came in at $0.30, compared to $0.04 in the year-ago quarter.The reported revenue represents a surprise of +6.39% over the Zacks Consensus Estimate of $18.49 million. With the consensus EPS estimate being $0.26, the EPS surprise was +15.38%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...
Postal Realty Trust (PSTL) Q3 FFO and Revenues Top Estimates
ZACKS· 2024-11-04 23:55
Postal Realty Trust (PSTL) came out with quarterly funds from operations (FFO) of $0.30 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 15.38%. A quarter ago, it was expected that this company would post FFO of $0.25 per share when it actually produced FFO of $0.26, delivering a surprise of 4%.Over the last four quarters, the company h ...
Postal Realty Trust(PSTL) - 2024 Q3 - Quarterly Report
2024-11-04 21:50
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-38903 POSTAL REALTY TRUST, INC. (Exact name of registrant as specified in its charter) Maryland ...
Postal Realty Trust, Inc. Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-04 21:37
- Agreed to New Rents on all 2023 & 2024 Negotiated Leases -- Increased Term Loan Commitments by $50 Million -- Acquired 35 USPS Properties for $13.3 Million at a Weighted Average Capitalization Rate of 7.5% - CEDARHURST, N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offi ...
Postal Realty Trust(PSTL) - 2024 Q3 - Quarterly Results
2024-11-04 21:31
Exhibit 99.1 - Agreed to New Rents on all 2023 & 2024 Negotiated Leases - - Increased Term Loan Commitments by $50 Million - - Acquired 35 USPS Properties for $13.3 Million at a Weighted Average Capitalization Rate of 7.5% - Cedarhurst, New York, November 4, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the "USPS"), ranging fro ...
Return To Sender: Sell Postal Realty Trust
Seeking Alpha· 2024-11-04 20:30
Compounding Chef combines a business education background with professional experience in a variety of industries to find opportunities across the investing universe including… Media, Marketing, and Public Relations Travel, Tourism, Hospitality, Corporate Events, and Software as a Service. I have been managing the growth of personal and family assets for 15 years with the goal of building wealth that compounds for multiple generations. While I occasionally find short term opportunities in undervalued assets ...