Postal Realty Trust (MUN:2WP) - Stock Price, News & Analysis

2WP Stock Overview

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").

About the company

2WP fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 67.8% below our estimate of its fair value

Earnings are forecast to grow 12.55% per year

Risk Analysis

Shares are highly illiquid

Interest payments are not well covered by earnings

Profit margins (3.7%) are lower than last year (5.4%)

Unstable dividend track record

+ 2 more risks

Postal Realty Trust, Inc. Competitors

Fonciere Inea

ENXTPA:INEA

€353.5m

DDMP REIT

PSE:DDMPR

₱21.0b

SANKEI REAL ESTATE

TSE:2972

JP¥40.6b

Cathay No.2 REIT

TWSE:01007T

NT$12.1b

Price History & Performance

Summary of all time highs, changes and price drops for Postal Realty Trust
Historical stock prices
Current Share Price	US$12.80
52 Week High	US$13.80
52 Week Low	US$12.80
Beta	0.65
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-16.34%
5 Year Change	n/a
Change since IPO	-15.79%

Recent updates

Shareholder Returns

	2WP	DE Office REITs	DE Market
7D	0%	-1.2%	-0.8%
1Y	n/a	-15.4%	1.0%

Return vs Industry: Insufficient data to determine how 2WP performed against the German Office REITs industry.

Return vs Market: Insufficient data to determine how 2WP performed against the German Market.

Price Volatility

Is 2WP's price volatile compared to industry and market?
2WP volatility
2WP Average Weekly Movement	n/a
Office REITs Industry Average Movement	3.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 2WP has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 2WP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2018	46	Andrew Spodek	www.postalrealtytrust.com

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. As of December 31, 2023, PSTL owned 1,509 properties (including two properties accounted for as financing leases) located in 49 states and one territory comprising approximately 5.9 million net leasable interior square feet.

Postal Realty Trust, Inc. Fundamentals Summary

How do Postal Realty Trust's earnings and revenue compare to its market cap?
2WP fundamental statistics
Market cap	€362.10m
Earnings (TTM)	€2.20m
Revenue (TTM)	€59.98m

131.7x

P/E Ratio

4.8x

P/S Ratio

Is 2WP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2WP income statement (TTM)
Revenue	US$63.71m
Cost of Revenue	US$15.37m
Gross Profit	US$48.34m
Other Expenses	US$46.00m
Earnings	US$2.34m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.10
Gross Margin	75.87%
Net Profit Margin	3.68%
Debt/Equity Ratio	80.0%

How did 2WP perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

82%

Payout Ratio

2WP Stock Overview

Rewards

Risk Analysis

Postal Realty Trust, Inc. Competitors

ENXTPA:INEA

€353.5m

PSE:DDMPR

₱21.0b

TSE:2972

JP¥40.6b

TWSE:01007T

NT$12.1b

Price History & Performance

Recent News & Updates

Postal Realty Trust, Inc., Annual General Meeting, May 17, 2024

New minor risk - Shareholder dilution

Chief Financial Officer recently sold €81k worth of stock

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: US$0.18 (vs US$0.15 in FY 2022)

Insufficient new directors

Recent updates

Postal Realty Trust, Inc., Annual General Meeting, May 17, 2024

New minor risk - Shareholder dilution

Chief Financial Officer recently sold €81k worth of stock

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: US$0.18 (vs US$0.15 in FY 2022)

Insufficient new directors

Postal Realty Trust, Inc. to Report Q4, 2023 Results on Feb 26, 2024

Postal Realty Trust, Inc. Declares Fourth Quarter 2023 Dividend, Payable on February 29, 2024

Insufficient new directors

Postal Realty Trust, Inc. to Report Q3, 2023 Results on Oct 30, 2023

New minor risk - Shareholder dilution

Insufficient new directors

Postal Realty Trust, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Postal Realty Trust, Inc. Declares Dividend for Second Quarter 2023, Payable on August 31, 2023

Insufficient new directors

Insufficient new directors

Postal Realty Trust, Inc. Declares Quarterly Dividend, Payable on May 31, 2023

Insufficient new directors

Insufficient new directors

Postal Realty Trust, Inc. to Report Q4, 2022 Results on Mar 01, 2023

Postal Realty Trust Declares Fourth Quarter 2022 Dividend, Payable on February 28, 2023

Insufficient new directors

Postal Realty Trust, Inc. Declares Dividend for Third Quarter of 2022, Payable on November 28, 2022

Postal Realty Trust, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 216 Properties Comprising Approximately 599,000 Net Leasable Interior Square Feet for $87 million.

Postal Realty Trust Declares Dividend for Second Quarter of 2022, Payable on August 26, 2022

Insufficient new directors

Postal Realty Trust, Inc. to Report Q2, 2022 Results on Aug 02, 2022

Insufficient new directors

Postal Realty Trust, Inc. to Report Q1, 2022 Results on May 11, 2022

Upcoming dividend of US$0.23 per share

Insufficient new directors

Postal Realty Trust, Inc. to Report Q4, 2021 Results on Mar 10, 2022

Upcoming dividend of US$0.23 per share

Insufficient new directors

Postal Realty Trust, Inc. Declares Fourth Quarter 2021 Dividend, Payable on February 28, 2022

Insufficient new directors

Insufficient new directors

Second quarter 2021 earnings released: EPS US$0.05 (vs US$0.046 loss in 2Q 2020)

Upcoming dividend of US$0.22 per share

First quarter 2021 earnings released: EPS US$0.011 (vs US$0.13 loss in 1Q 2020)

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 54 USPS Properties for $25.8 million.

Postal Realty Trust Declares Dividend for the First Quarter 2021, Payable on May 28, 2021

Full year 2020 earnings released: US$0.10 loss per share (vs US$0.30 loss in FY 2019)

Postal Realty Trust, Inc. to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: €14.10

Upcoming Dividend of US$0.22 Per Share

Postal Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $49.5625 million.

Postal Realty Trust, Inc. (NYSE:PSTL) entered into definitive agreements to acquire 13 postal properties for approximately $18.5 million.

New 90-day high: €13.80

New 90-day high: €13.36

Third quarter 2020 earnings released: US$0.002 loss per share

Postal Realty Trust, Inc. to Report Q3, 2020 Results on Nov 10, 2020

New 90-day low: €12.05

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 49,500 square foot postal property in Greensboro, North Carolina for approximately $4.6 million.

Postal Realty Trust, Inc. (NYSE:PSTL) agreed to acquire United Properties Holding, Inc. from Andrew Spodek.

Postal Realty Trust, Inc. (NYSE:PSTL) cancelled the acquisition of 154 Postal Properties.

Earnings released

Postal Realty Trust, Inc. (NYSE:PSTL) acquired 98 United States Postal Service Properties for $23.4 million.