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 ...

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 ...

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) 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 ...

- Acquired 70 USPS Properties for $28.3 Million - - Acquired at a Weighted Average Capitalization Rate of 7.6% - - Collected 100% of Contractual Rents - CEDARHURST, N.Y., Aug. 06, 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, today announced results for ...

Company Overview - Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (USPS), including last-mile post offices and industrial facilities [3][4]. Financial Results Announcement - The Company will report its financial results for the period ended June 30, 2024, on Tuesday, August 6, 2024, after market close [4]. - A webcast and conference call to discuss the second quarter 2024 financial results will be held on the same day at 4:30 P.M. Eastern Time [1][4]. Call Participation Details - Callers from the United States and Canada should dial in ten minutes prior to the scheduled call time at 1-844-825-9789, while international callers should dial 1-412-317-5180 [1]. - A telephonic replay of the call will be available starting at 8:30 P.M. Eastern Time on August 6, 2024, through 11:59 P.M. Eastern Time on August 20, 2024 [2].

CEDARHURST, N.Y., July 24, 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 that it will report its financial results for the period ended June 30, 2024, on Tuesday, August 6, 2024, after market close. Webcast and Call Information: The Comp ...

I last covered PSTL in the middle of 2023. At the time, I highlighted the REIT's stable cash flows and its strong dividend growth rate. In my update, I noted that shares were still attractive despite an end to PSTL's streak of continuously increasing their quarterly payout. Ultimately, I saw about 15% upside in the share price. Subsequent coverage on the stock has been light. While analysts on Wall Street still view the stock as a "buy", the broader Seeking Alpha ("SA") analyst community and the Quants, ali ...

Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the USPS. More information is available at postalrealtytrust.com. Contact: Investor Relations and Media Relations Email: Investorrelations@postalrealtytrust.com Phone: (516) 232-8900 Website: postalrealtytrust.com About Postal Realty Trust, Inc. CEDARHURST, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally ma ...

CEDARHURST, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that Andrew Spodek, Chief Executive Officer, Jeremy Garber, President, and Robert Klein, Chief Financial Officer, will present at Nareit's REITweek: 2024 Investor Co ...