Postal Realty Trust(PSTL)
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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 ...
Postal Realty Trust, Inc. to Report Third Quarter 2024 Financial Results on November 4, 2024
GlobeNewswire News Room· 2024-10-24 20:05
CEDARHURST, N.Y., Oct. 24, 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 offices to industrial facilities, announced today that it will report its financial results for the period ended September 30, 2024, on Monday, November 4, 2024, after market close. Webcast and Call Information: Th ...
Postal Realty Trust Declares Third Quarter 2024 Dividend
GlobeNewswire News Room· 2024-10-22 20:05
CEDARHURST, N.Y., Oct. 22, 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 offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.24 per share. This represents a 1.1% increas ...
Postal Realty Trust, Inc. Provides Leasing Update
GlobeNewswire News Room· 2024-09-26 20:05
CEDARHURST, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today an update on its ongoing lease negotiations with the USPS. Leasing Update Agreed to new rents on all expired 2023 leases and the majority of the expired and schedu ...
Postal Realty: Mission-Critical Rent Checks
Seeking Alpha· 2024-08-28 12:10
traveler1116/E+ via Getty Images It helps to have a portfolio of mission-critical properties that can stand the test of time. While cell tower REITs like American Tower (AMT) and Crown Castle Inc. (CCI) or even gaming REIT VICI Properties (VICI) may come to mind, postal properties should also be near the top of the list. This brings me to Postal Realty Trust (NYSE:PSTL), which I last covered in January, highlighting its strategic property portfolio, quality fundamentals, and undervaluation. While the stock ...
2 Under-The-Radar Net Lease REITs: Where's The Love?
Seeking Alpha· 2024-08-23 11:00
Kelvin Murray/DigitalVision via Getty Images A few days ago, I wrote on Realty Income (O) and Agree Realty (ADC), two of the most popular net lease REITs. As I explained, At times, it seemed to me that every second article and piece we worked on had some connection to Realty Income, Agree Realty, or both of them. It's true, these two net lease REITs seem to be the most popular names in the net lease REIT sector. There's also VICI Properties (VICI), a gaming REIT that's also highly followed, as I explained i ...
Postal Realty Trust(PSTL) - 2024 Q2 - Earnings Call Transcript
2024-08-07 05:00
Postal Realty Trust Inc (NYSE:PSTL) Q2 2024 Results Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Jordan Cooperstein - Vice President, FP&A, Capital Markets Andrew Spodek - Chief Executive Officer Jeremy Garber - President Robert Klein - Chief Financial Officer Conference Call Participants Eric Borden - BMO Capital Markets Nahom Tesfazghi - JPMorgan Chase & Co. Steven Dumanski - Janney Montgomery Scott Operator Greetings and welcome to the Postal Realty Trust Second Quarter 2024 Ea ...
Postal Realty Trust (PSTL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-07 00:31
Postal Realty Trust (PSTL) reported $18.05 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.8%. EPS of $0.26 for the same period compares to $0.03 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $17.78 million, representing a surprise of +1.55%. The company delivered an EPS surprise of +4.00%, with the consensus EPS estimate being $0.25. While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...
Postal Realty Trust (PSTL) Q2 FFO and Revenues Surpass Estimates
ZACKS· 2024-08-06 23:50
Postal Realty Trust (PSTL) came out with quarterly funds from operations (FFO) of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 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 4%. A quarter ago, it was expected that this company would post FFO of $0.26 per share when it actually produced FFO of $0.25, delivering a surprise of -3.85%. Over the last four quarters, the company ...
Postal Realty Trust(PSTL) - 2024 Q2 - Quarterly Report
2024-08-06 20:23
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 June 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) | --- | |----- ...