Postal Realty Trust (NYSE:PSTL) Issues Quarterly Earnings Results

Postal Realty Trust (NYSE:PSTL - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.23), Zacks reports. Postal Realty Trust had a net margin of 4.93% and a return on equity of 1.10%. The firm had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. During the same period in the prior year, the company posted $0.27 earnings per share.

Postal Realty Trust Price Performance

PSTL traded up $0.55 on Tuesday, reaching $14.55. 271,862 shares of the company's stock were exchanged, compared to its average volume of 97,626. Postal Realty Trust has a twelve month low of $13.00 and a twelve month high of $15.15. The stock has a market cap of $335.09 million, a PE ratio of 161.68, a P/E/G ratio of 2.59 and a beta of 0.67. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.04 and a quick ratio of 2.04. The stock's fifty day moving average price is $14.50 and its 200-day moving average price is $14.06.

Postal Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 4th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 6.60%. The ex-dividend date of this dividend is Monday, November 4th. Postal Realty Trust's dividend payout ratio is currently 1,066.79%.

Postal Realty Trust Company Profile

Postal Realty Trust, Inc NYSE: PSTL is an internally managed real estate investment trust that owns properties primarily leased to the United States Postal Service ("USPS"). PSTL is focused on acquiring the network of USPS properties, which provide a critical element of the nation's logistics infrastructure that facilitates cost effective and efficient last-mile delivery solutions.