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 ...

Core Viewpoint - Postal Realty Trust (PSTL) is currently undervalued despite its strong dividend yield of over 7% and stable cash flows from leasing to the U.S. Postal Service (USPS) [3][4][9] Company Overview - PSTL holds approximately 6% of the leased market in the postal property industry, significantly outpacing the next 20 largest owners who collectively hold 11% [2] - As the only publicly traded operator in this niche market, PSTL is well-positioned to capture additional market share in the future [2] Financial Performance - PSTL has maintained a near 100% occupancy rate since its IPO, with a historical average lease retention rate that supports its stable cash flows [5][14] - The company has a conservative debt profile, with 94% of its debt being fixed rate and no significant debt maturities until 2027 [7][17] Dividend Information - PSTL has a history of reliable dividend payments, having previously increased its payout quarterly, though it now increases annually [8][18] - The dividend payout ratio is approximately 96%, which is higher than the sector average of 75% [18] Market Position and Valuation - PSTL's shares are currently trading at a cap rate of about 8.2%, while the company expects to acquire properties at a cap rate of 7.5% or above [7][20] - The stock is viewed as a "buy" due to its competitive moat, cash flow strength, and stable dividend payout, with a fair price estimated at $15.75 per share, indicating a potential upside of 16% from current levels [20]

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 ...

Core Viewpoint - Postal Realty Trust, Inc. is actively engaging with the investment community by participating in the Nareit's REITweek: 2024 Investor Conference, showcasing its strategic focus on properties leased to the USPS [1] Company Overview - Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,900 properties primarily leased to the United States Postal Service [2] - The properties range from last-mile post offices to industrial facilities, indicating a diverse portfolio within the real estate sector [1][2] Upcoming Events - The company's executives, including the CEO, President, and CFO, will present at the Nareit's REITweek: 2024 Investor Conference on June 4, 2024, at 9:30 AM ET [1] - A live audio webcast of the presentation will be available on the company's website, with a replay accessible shortly after the event for those unable to attend live [1] - The conference will take place from June 3 to June 6, 2024, providing opportunities for the company to meet with the investment community [1]