Acquisition and Portfolio - As of September 30, 2025, the company acquired 151 properties leased to the USPS for approximately $96.6 million, increasing its portfolio to 1,853 properties [155]. - The company has acquired 19 properties for an aggregate amount of approximately $7.2 million since September 30, 2025 [218]. Financial Performance - Rental income increased by $4.9 million to $23.7 million for the three months ended September 30, 2025, representing a 26.2% increase compared to $18.8 million for the same period in 2024 [178]. - Total revenues for the three months ended September 30, 2025, were $24.3 million, up $4.7 million or 23.7% from $19.7 million in the prior year [178]. - Income from operations rose by $4.4 million to $9.1 million for the three months ended September 30, 2025, reflecting a 91.1% increase from $4.8 million in 2024 [178]. - Net income for the three months ended September 30, 2025, was $4.9 million, a significant increase of $3.5 million or 262.0% from $1.3 million in the same period last year [178]. - For the nine months ended September 30, 2025, rental income increased by $15.2 million to $67.9 million, a 28.7% increase from $52.7 million in 2024 [187]. - Total revenues for the nine months ended September 30, 2025, were $69.8 million, up $14.8 million or 26.9% from $55.0 million in the prior year [187]. - Income before income tax expense for the nine months ended September 30, 2025, was $12.2 million, a 351.5% increase from $2.7 million in 2024 [187]. Expenses and Indebtedness - Total interest expense, net for the three months ended September 30, 2025, was $4.3 million, an increase of $0.8 million or 24.6% from $3.4 million in 2024 [186]. - General and administrative expenses increased by $0.9 million to $13.0 million for the nine months ended September 30, 2025, primarily due to increased public-company related costs [192]. - Real estate taxes increased by $1.1 million to $8.3 million for the nine months ended September 30, 2025, primarily due to the volume of acquisitions [190]. - Depreciation and amortization expense increased by $1.1 million to $17.6 million for the nine months ended September 30, 2025, compared to $16.6 million for the same period in 2024 [194]. - Total interest expense, net increased to $11.9 million for the nine months ended September 30, 2025, from $9.3 million for the same period in 2024, primarily due to additional borrowings [195]. - As of September 30, 2025, the company had approximately $349.2 million of outstanding consolidated principal indebtedness [211]. - The company’s total indebtedness includes a $150.0 million senior unsecured revolving credit facility and a $290.0 million term loan facility [172]. Cash Flow and Financing Activities - Net cash provided by operating activities increased by $8.9 million to $33.2 million for the nine months ended September 30, 2025, compared to $24.3 million for the same period in 2024 [197]. - Net cash used in investing activities for the nine months ended September 30, 2025, was $89.6 million for acquisitions, compared to $53.2 million for the same period in 2024 [198]. - Net cash provided by financing activities increased by $30.2 million to $60.4 million for the nine months ended September 30, 2025, compared to $30.2 million for the same period in 2024 [199]. - The company paid cash dividends of $0.7275 per share for the nine months ended September 30, 2025 [214]. Tax and Regulatory Considerations - The company intends to continue qualifying as a REIT, which generally exempts it from federal income tax as long as it distributes taxable income to stockholders [163]. - New U.S. tax legislation effective July 4, 2025, includes a permanent extension of the 20% deduction for qualified REIT dividends for individuals [164]. Market and Operational Risks - The company is dependent on the USPS' financial stability, which is currently threatened by various operational and financial challenges [165]. - Approximately 10.4% of total rental income for the nine months ended September 30, 2025, was concentrated in Pennsylvania [161]. Lease and Property Management - The average remaining lease term for properties leased to tenants is approximately 4.0 years as of September 30, 2025 [166]. - The company operates primarily through modified double-net leases, where tenants are responsible for utilities and certain maintenance obligations [167]. Interest Rate Management - The company manages market risk on variable-rate debt through interest rate swaps, aiming to reduce floating rate exposure [221]. - If the one-month Adjusted Term SOFR were to change by 1.0%, the company's cash flows would be affected by approximately $0.25 million on an annualized basis [220]. - The fixed interest rate on one loan is 3.69% for the first five years, adjusting thereafter based on the Five-Year Treasury Rate plus a margin of 2.75% [4]. - A loan secured by an industrial property has a fixed interest rate of 2.80% with interest-only payments for the first five years [7]. - The company obtained seller financing of $1.4 million for the acquisition of two properties at a fixed interest rate of 5.00% [8]. - The company has a minimum annual interest rate of 2.75% on certain loans, regardless of market conditions [4]. - The company may use derivative instruments like interest cap agreements in the future to manage interest rate volatility [221]. Capital Projects - The company is currently undertaking capital improvement projects expected to cost between $0.8 million and $1.6 million, with a portion offset by insurance proceeds of $0.4 million received in October 2025 [210].

Financial Performance - Increased 2025 AFFO guidance by $0.06 to a range of $1.30 to $1.32 per diluted share[1] - Revenue growth of 24% from Q3 2024 to Q3 2025[5] - Net income attributable to common shareholders was $3.8 million, or $0.13 per diluted share[5] - Funds from Operations (FFO) of $11.0 million, or $0.34 per diluted share[5] - Adjusted Funds from Operations (AFFO) of $10.8 million, or $0.33 per diluted share[5] - Total revenues for the three months ended September 30, 2025, were $24,326,000, an increase of 23.4% compared to $19,667,000 for the same period in 2024[31] - Net income attributable to common stockholders for the three months ended September 30, 2025, was $3,810,000, compared to $1,071,000 for the same period in 2024, representing a 254.3% increase[31] - Funds from Operations (FFO) for the three months ended September 30, 2025, were $10,964,000, with FFO per common share of $0.34[36] - Adjusted Funds from Operations (AFFO) for the three months ended September 30, 2025, were $10,765,000, with AFFO per common share of $0.33[36] - The company experienced a net income before income tax expense of $4,889,000 for the three months ended September 30, 2025, compared to $1,378,000 for the same period in 2024[31] Property and Asset Management - Company acquired 47 USPS properties for $42.3 million at a weighted average capitalization rate of 7.7%[5] - Property portfolio was 99.8% occupied, with a weighted average rental rate of $11.62 per leasable square foot[4] - The company owns and manages over 2,200 properties leased primarily to the USPS, reflecting its strong market position[28] Financial Position - As of September 30, 2025, net debt was approximately $347 million with a weighted average interest rate of 4.37%[12] - Total assets as of September 30, 2025, were $735,190,000, an increase from $646,818,000 as of December 31, 2024[34] - Total liabilities as of September 30, 2025, were $386,713,000, compared to $329,320,000 as of December 31, 2024, indicating a 17.4% increase[34] - Cash and cash equivalents as of September 30, 2025, were $1,902,000, slightly up from $1,799,000 as of December 31, 2024[34] Capital and Dividend - Company raised $26.0 million from ATM program during Q3 to fund acquisitions[1] - Quarterly dividend announced at $0.2425 per share, equating to $0.97 on an annualized basis[14] - The company reported a total of 24,627,866 weighted average common shares outstanding for the three months ended September 30, 2025[31]

Core Insights - The company increased its 2025 Adjusted Funds from Operations (AFFO) guidance by $0.06 to a range of $1.30 to $1.32 per diluted share [1][16] - The company amended, extended, and expanded its unsecured credit facilities to $440 million [1][10] - The U.S. Postal Service operations remain unaffected by the government shutdown [1] - The company acquired 47 USPS properties for $42.3 million at a weighted average capitalization rate of 7.7% [1][5] - The company raised $26.0 million from its ATM program during Q3 to fund acquisitions [1] Financial Performance - The company reported a 24% growth in revenues from Q3 2024 to Q3 2025 [8] - Net income attributable to common shareholders was $3.8 million, or $0.13 per diluted share [8] - Funds from Operations (FFO) for the quarter were $11.0 million, or $0.34 per diluted share [8] - Adjusted Funds from Operations (AFFO) were $10.8 million, or $0.33 per diluted share [8] Property Portfolio & Acquisitions - The company's owned portfolio was 99.8% occupied, consisting of 1,853 properties across 49 states and one territory, with approximately 6.9 million net leasable interior square feet [4] - The weighted average rental rate was $11.62 per leasable square foot, with $13.81 for last-mile and flex properties, and $4.23 for industrial properties [4] - The company acquired 47 last-mile and flex properties leased to the USPS for $42.3 million, with a weighted average rental rate of $21.59 per leasable square foot [5] Leasing Activity - As of October 17, 2025, the company executed 196 new leases with the USPS for leases that expired or were scheduled to expire in 2025 [6] - The total lump sum catch-up payment received from the USPS was approximately $0.3 million for leases executed during Q3 2025 [6] Balance Sheet & Capital Markets - The company closed on the recast of its credit facilities, expanding commitments to $440 million and extending maturity dates [7][10] - As of September 30, 2025, the company had approximately $2.3 million in cash and property-related reserves, and approximately $347 million in net debt with a weighted average interest rate of 4.37% [12] - 93% of the company's outstanding debt was set to fixed rates, and $125 million of the revolving credit facility was undrawn [12] Dividend Announcement - The company announced a quarterly dividend of $0.2425 per share, equating to $0.97 per share on an annualized basis, to be paid on November 28, 2025 [14]

Core Insights - Postal Realty Trust (PSTL) presents a case for stable yield, appealing to investors seeking lower risks and stability [1] Company Analysis - PSTL is positioned as a conservative yield investment, which may attract risk-averse investors [1] Investment Strategy - The focus is on combining rigorous risk management with a long-term perspective on value creation, indicating a strategic approach to investment [1]

Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, which can lead to solid returns, but identifying such stocks is challenging due to inherent volatility and risks [1] Group 1: Company Overview - Postal Realty Trust (PSTL) is identified as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 4.1%, but projected EPS growth for this year is expected to be 8.4%, significantly outperforming the industry average of 1.2% [4] Group 2: Financial Metrics - Cash flow growth for Postal Realty Trust stands at 22.5% year-over-year, which is substantially higher than the industry average of 2.8% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 67.2%, compared to the industry average of 3.1% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Postal Realty Trust, with the current-year earnings estimates increasing by 1.5% over the past month [7] - The overall earnings estimate revisions have positioned Postal Realty Trust as a Zacks Rank 2 stock, with a Growth Score of B, indicating potential for outperformance [9]

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]

Core Viewpoint - Postal Realty Trust, Inc. will report its financial results for the period ended September 30, 2025, on November 4, 2025, after market close [1] Group 1: Financial Reporting - The financial results announcement is scheduled for November 4, 2025, after market close [1] - A webcast and conference call to discuss the third quarter 2025 financial results will take place on November 5, 2025, at 9:00 A.M. Eastern Time [2] - A telephonic replay of the call will be available from November 5, 2025, at 1:00 P.M. Eastern Time until November 19, 2025, at 11:59 P.M. Eastern Time [3] Group 2: Company Overview - Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,200 properties leased primarily to the United States Postal Service [4]

Core Viewpoint - Postal Realty Trust (PSTL) has faced significant selling pressure, resulting in a 7.1% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) for PSTL is currently at 29.57, suggesting that the stock is oversold and may be nearing a reversal point due to exhausted selling pressure [5]. - RSI is a momentum oscillator that ranges from 0 to 100, with readings below 30 typically indicating an oversold condition [2][3]. Group 2: Fundamental Indicators - There has been a consensus among sell-side analysts to raise earnings estimates for PSTL, resulting in a 1.5% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - PSTL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [8].

Core Insights - Postal Realty Trust, Inc. (NYSE:PSTL) is recognized for its significant dividend growth and is listed among the 20 Best Stocks to Buy and Hold for a Lifetime [1] Financial Performance - In the second quarter of 2025, Postal Realty Trust reported sales of $22.73 million, exceeding projections of $20.62 million, with earnings per share of $0.12, which was 77% better than expected [3] Strategic Moves - The company extended maturities for its revolving, term, and delayed-draw loans with fixed interest rates at 4.73% until January 2030, following the closure of an expanded $440 million credit facility on September 22, 2025. This positions the company for strategic acquisitions and supports future growth ambitions [2] - Stifel reaffirmed its Buy rating and $17.75 price target on Postal Realty Trust, citing solid dividend sustainability, an anticipated 8.7% growth in AFFO from 2024 to 2026, and a well-covered 6.2% yield [4] Business Model - Postal Realty Trust operates as an internally run REIT focused on acquiring, holding, and managing USPS-leased buildings, providing essential last-mile logistical infrastructure across the United States [5]

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].