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Updated 2h ago
PSTL logo

Postal Realty Trust, Inc.NYSE:PSTL Stock Report

Market Cap US$898.9m
Updated 2h ago
Share Price
n/a
1Y52.3%
7D1.6%
1D0.9%
Portfolio Value
​
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Postal Realty Trust, Inc.

NYSE:PSTL Stock Report

Market Cap: US$898.9m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Postal Realty Trust (PSTL) Stock Overview

An internally managed real estate investment trust that owns and manages over 2,300 properties leased primarily to the USPS. More details

PSTL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health1/6
Dividends3/6

Rewards

Trading at 67% below our estimate of its fair value

Earnings are forecast to grow 17.5% per year

Earnings grew by 60% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year


PSTL Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
4.1% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Programmatic Re-Leasing And USPS Demand Will Secure Future Stability

187
0
7

Top Analyst Narratives

PSTL logo
Postal Realty Trust
4.1% undervalued intrinsic discount

Programmatic Re-Leasing And USPS Demand Will Secure Future Stability

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 25 Jun
Read Narrative
View all narratives

Postal Realty Trust, Inc. Competitors

Easterly Government Properties

Symbol: NYSE:DEA
Market cap: US$1.2b

Highwoods Properties

Symbol: NYSE:HIW
Market cap: US$3.5b

COPT Defense Properties

Symbol: NYSE:CDP
Market cap: US$4.0b

Kilroy Realty

Symbol: NYSE:KRC
Market cap: US$4.1b

Price History & Performance

Summary of share price highs, lows and changes for Postal Realty Trust
Historical stock prices
Current Share PriceUS$24.01
52 Week HighUS$25.22
52 Week LowUS$14.25
Beta0.79
1 Month Change5.54%
3 Month Change5.35%
1 Year Change52.25%
3 Year Change71.87%
5 Year Change28.19%
Change since IPO41.24%

Recent News & Updates

Seeking Alpha • Aug 06

Postal Realty Trust: This Quiet REIT Keeps Beating Expectations

Summary Postal Realty Trust, Inc. remains a Buy, offering unique USPS-leased property exposure and robust AFFO growth with a sustainable ~4.24% dividend yield. Postal Realty delivered a strong Q2, raising AFFO guidance to $1.41–$1.43 per share and increasing 2026 acquisition targets, supported by a solid 99.8% occupancy rate on its owned portfolio. The balance sheet is healthy with 4.6x net debt/EBITDA, expanded credit facilities, and a $205M undrawn revolver, enabling continued acquisition-driven growth. Risks persist from USPS financial struggles and macro headwinds, but Postal Realty’s intrinsic value offers a margin of safety over current pricing. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Aug 06

Postal Realty Trust: This Quiet REIT Keeps Beating Expectations

Summary Postal Realty Trust, Inc. remains a Buy, offering unique USPS-leased property exposure and robust AFFO growth with a sustainable ~4.24% dividend yield. Postal Realty delivered a strong Q2, raising AFFO guidance to $1.41–$1.43 per share and increasing 2026 acquisition targets, supported by a solid 99.8% occupancy rate on its owned portfolio. The balance sheet is healthy with 4.6x net debt/EBITDA, expanded credit facilities, and a $205M undrawn revolver, enabling continued acquisition-driven growth. Risks persist from USPS financial struggles and macro headwinds, but Postal Realty’s intrinsic value offers a margin of safety over current pricing. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jun 25

PSTL: Focused Leasing And Sector Repricing Will Shape Future Return Balance

Analysts have adjusted their fair value view on Postal Realty Trust to a new $25 price target from $26, citing updated assumptions around growth, profitability, and sector valuations across the real estate investment trust space. Analyst Commentary Recent research on Postal Realty Trust highlights a mix of optimism about its positioning within the real estate investment trust sector and caution around where the shares now trade relative to updated sector valuations.
User avatar
Narrative Update • Jun 06

PSTL: Focused Leasing Model And Revised P/E Assumptions Will Shape Balanced Returns

Analysts have lifted their price target on Postal Realty Trust by $1 to $24.46, citing updated assumptions around revenue growth, profit margins and future P/E that they see as better aligned with recent research commentary on the stock. Analyst Commentary Recent research updates on Postal Realty Trust give you a mix of supportive and cautious messages, with several firms revisiting their assumptions around growth, margins and appropriate P/E levels for the stock.
User avatar
Narrative Update • May 12

PSTL: Lease Restructuring And 2026 AFFO Outlook Will Drive Balanced Returns

Analysts have nudged their price target higher on Postal Realty Trust, with the updated fair value estimate moving from about $22.21 to roughly $23.46. They are factoring in stronger profit margins, a modestly higher discount rate, and revised expectations for future P/E multiples following a series of recent target raises from major firms.
User avatar
Narrative Update • Apr 23

PSTL: Lease Restructuring And 2026 AFFO Guidance Will Shape Returns

Analysts nudged the fair value estimate for Postal Realty Trust higher to $22.21 from $22.04, citing higher price targets across several firms along with views on strong organic growth, supportive 2026 AFFO guidance, and increased capacity for acquisitions and lease restructures. Analyst Commentary Recent Street research reflects a cluster of higher price targets and generally constructive views on Postal Realty Trust, with most of the commentary focusing on growth, cash flow visibility, and acquisition capacity.
User avatar
Narrative Update • Apr 09

PSTL: Lease Restructuring And 2026 AFFO Outlook Will Drive Upside

Analysts raised the average price target on Postal Realty Trust by $5 to $22, citing higher estimates supported by the REIT's relatively strong organic growth compared with peers, stronger 2026 AFFO guidance, and recent balance sheet moves that they say could support additional acquisitions and lease restructurings. Analyst Commentary Recent Street research on Postal Realty Trust centers on how the company is balancing growth opportunities with execution risks, and how that balance feeds into valuation views.
User avatar
Narrative Update • Mar 26

PSTL: Lease Restructuring And 2026 AFFO Guidance Will Support Bullish Outlook

Narrative Update The analyst fair value estimate for Postal Realty Trust has moved from $21.21 to $22.04, reflecting higher Street price targets that reference strong organic growth, supportive 2026 AFFO guidance, and room for additional lease restructures and acquisitions. Analyst Commentary Recent Street commentary on Postal Realty Trust centers on updated price targets, 2026 AFFO guidance, and the balance between internal and external growth drivers.
User avatar
Narrative Update • Mar 11

PSTL: Higher 2026 AFFO Outlook And Dividend Increase Will Support Balanced View

Analysts have lifted their price target on Postal Realty Trust by about $2.54 to $21.21, citing stronger 2026 AFFO guidance, recent balance sheet moves that support more acquisitions, and additional room to restructure leases for further internal growth. Analyst Commentary Recent Street research shows a cluster of higher price targets and ratings that broadly reflect confidence in Postal Realty Trust's ability to execute on its plan, supported by its 2026 AFFO guidance and balance sheet moves.
User avatar
Narrative Update • Feb 24

PSTL: Dividend Increase And Assumption Tweaks Will Support Cautious Neutral Outlook

Analysts have modestly raised their price target on Postal Realty Trust to $18.67, citing updated assumptions around the discount rate and future P/E that, in their view, support a slightly stronger risk and return profile for the shares. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated discount rate and future P/E assumptions as support for the higher US$18.67 target, indicating they see the current valuation as better aligned with the trust's risk profile.
User avatar
Narrative Update • Feb 09

PSTL: Dividend Momentum And Refined Assumptions Will Support Cautious Neutral Stance

Analysts have nudged their price target for Postal Realty Trust slightly higher to about US$18.67 from roughly US$18.50, citing refreshed assumptions around discount rates, revenue outlook, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts link the higher price target to refreshed assumptions around discount rates and P/E expectations, suggesting they see the current valuation as reasonable for Postal Realty Trust's business profile.
User avatar
Narrative Update • Jan 26

PSTL: Higher Multiple And Lower Discount Rate Will Support Cautious Neutral Outlook

Narrative Update: Postal Realty Trust Analysts have inched their price target on Postal Realty Trust higher, lifting fair value from about US$18.07 to US$18.50 as they factor in a slightly lower discount rate, along with modest tweaks to revenue growth, profit margin assumptions and a higher future P/E of roughly 30x. Analyst Commentary Recent Street research on Postal Realty Trust points to a more constructive stance, with analysts updating their work after revisiting assumptions around discount rates, revenue growth, profit margins and the future P/E framework.
User avatar
Narrative Update • Jan 11

PSTL: Slightly Higher Fair Value Will Sustain Cautious Neutral Stance

Analysts have slightly increased their price target on Postal Realty Trust to $18.07 from $17.93, citing modest adjustments in discount rate, fair value assumptions, profit margin expectations and future P/E estimates. What's in the News From July 1, 2025 to September 30, 2025, Postal Realty Trust reported no share repurchases under its existing buyback program, with 0 shares repurchased for $0 million during the period (Key Developments).
User avatar
Narrative Update • Dec 18

PSTL: Easing Execution Risk Will Support Upgraded Neutral-Rated Outlook

Analysts modestly raised their price target on Postal Realty Trust from $16.66 to $17.93 per share, citing updated models that reflect faster expected revenue growth, improved profit margins, and a lower discount rate, despite a more conservative future P E multiple. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target, now in the high teens, as aligned with updated models that embed faster rental income growth from the existing property portfolio.
Seeking Alpha • Apr 15

Postal Realty: High-Yield Hedge Against Market Volatility (Rating Upgrade)

Summary Postal Realty Trust offers stability amid market volatility with its 100% U.S.-based properties leased to the USPS, ensuring reliable cash flow and high occupancy. PSTL's current price near its 52-week low and a 7.6% dividend yield make it a compelling buy for income investors seeking stability and potential high returns. Its disciplined acquisitions, strong balance sheet, and consistent dividend growth support its investment appeal, despite concentration risks tied to the USPS. PSTL's forward P/FFO of 12.1 is significantly below its historical average, presenting an attractive valuation for long-term investors. Read the full article on Seeking Alpha
Seeking Alpha • Jan 30

Postal Realty Trust: A Quiet Long-Term Grower With A Solid Yield

Summary Postal Realty Trust offers a compelling growth story with a 7.3% dividend, despite its seemingly low-growth, post office-focused REIT model. The company has a diversified portfolio of 1,653 locations across 49 states, with a strong history of lease renewals and market rent adjustments. USPS partnerships with major logistics players and modified double net leases make it a reliable tenant, ensuring steady income for Postal Realty Trust. The fragmented market provides significant growth potential, with Postal Realty Trust owning only 7% of privately held post office real estate, offering long-term expansion opportunities. Read the full article on Seeking Alpha
Seeking Alpha • Dec 26

Postal Realty Trust: A 7% Yield From A Mission-Critical REIT Perfect For Boring Investors

Summary Postal Realty Trust, a REIT with a 7% yield, owns mission-critical real estate leased to the United States Postal Service, offering stability and growth potential. Despite recent stock underperformance, PSTL's strong acquisition activity and solid balance sheet support continued growth and dividend increases. PSTL's valuation appears attractive with a forward P/AFFO multiple of 12.53x, indicating potential upside over the next 6 to 12 months. Risks include shorter lease terms and potential tenant re-leasing issues, but PSTL's fundamentals and growth trajectory remain strong, warranting a buy rating. Read the full article on Seeking Alpha
Seeking Alpha • Dec 17

Postal Realty Returns To Growth As Interest Expense Normalizes

Summary Postal Realty leads the post office real estate niche with over 1,600 properties, benefiting from high occupancy and low capex. Growth drivers include 3.5% annual rental rate growth, 3%-4% acquisition spreads, and stabilized refinancing costs, projecting 6% AFFO/share growth. PSTL is undervalued at 13X AFFO, with potential for 17X-18X if growth improves to 6%, but faces tenant concentration risk with USPS. Read the full article on Seeking Alpha
Seeking Alpha • Nov 14

Postal Realty Trust: Positive Q3 Developments, Shares Attractive

Summary Postal Realty Trust shares continue to offer investors a reliable stream of growing dividend payments. At current trading values, the dividend yields about 6.7%. This is above the yield offered by other low-risk investments. The REIT recently reported positive results that included notable updates regarding lease negotiations with the Postal Service. The lack of meaningful competition remains a competitive advantage for Postal Realty. I continue to view PSTL stock as about 15% undervalued. Read the full article on Seeking Alpha
Seeking Alpha • Nov 04

Return To Sender: Sell Postal Realty Trust

Summary PSTL represents a classic value trap with a high payout ratio. FFO has been grown by selling shares in a way that is not accretive for shareholders. The 6.58% dividend yield may look attractive, but it is not safe or growing significantly. PSTL is a SELL and I would recommend look for income opportunities elsewhere. Read the full article on Seeking Alpha
User avatar
New Narrative • Sep 24

Expanding Portfolio And Decisive Partnerships Propel Growth And Diversification

Aggressive acquisition strategy and strategic partnerships aim to boost revenue growth and improve lease terms, enhancing both net margins and future earnings.
Seeking Alpha • Aug 28

Postal Realty: Mission-Critical Rent Checks

Summary Postal Realty Trust offers stable, high occupancy rates due to its focus on mission-critical properties leased to the U.S. Postal Service. Strategic acquisitions and high tenant retention rates support PSTL's long-term growth, despite a slight dip in AFFO per share. At its current valuation, PSTL provides an attractive 6.6% yield with potential for steady returns, making it a solid pick for income-focused investors. Read the full article on Seeking Alpha
Seeking Alpha • Jul 09

Postal Realty Trust: A Steady Dividend Payer, Yielding Over 7%

Summary Postal Realty Trust appears to be flying under the radar of income-focused investors. Shares have struggled over the past year but have tracked in a narrow trading range, minimizing investor exposure to volatility. At current pricing, the stock presently yields over 7%, an attractive premium over other “bond-like” investments. With equity markets persistently holding at records, PSTL offers investors an attractively priced downside hedge. Read the full article on Seeking Alpha

Shareholder Returns

PSTLUS Office REITsUS Market
7D1.6%-2.6%-1.6%
1Y52.3%-18.0%12.1%

Return vs Industry: PSTL exceeded the US Office REITs industry which returned -18% over the past year.

Return vs Market: PSTL exceeded the US Market which returned 12.1% over the past year.

Price Volatility

Is PSTL's price volatile compared to industry and market?
PSTL volatility
PSTL Average Weekly Movement3.1%
Office REITs Industry Average Movement4.1%
Market Average Movement6.8%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market2.9%

Stable Share Price: PSTL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PSTL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a42Andrew Spodekwww.postalrealtytrust.com

Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,300 properties leased primarily to the USPS. Postal Realty Trust, Inc. is based in Cedarhurst, New York.

Postal Realty Trust, Inc. Fundamentals Summary

How do Postal Realty Trust's earnings and revenue compare to its market cap?
PSTL fundamental statistics
Market capUS$898.87m
Earnings (TTM)US$14.34m
Revenue (TTM)US$105.55m
50.7x
P/E Ratio
6.9x
P/S Ratio

Is PSTL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSTL income statement (TTM)
RevenueUS$105.55m
Cost of RevenueUS$22.84m
Gross ProfitUS$82.71m
Other ExpensesUS$68.37m
EarningsUS$14.34m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin78.36%
Net Profit Margin13.59%
Debt/Equity Ratio91.6%

How did PSTL perform over the long term?

See historical performance and comparison

Dividends

4.1%
Current Dividend Yield
62%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/16 00:48
End of Day Share Price 2026/09/16 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Postal Realty Trust, Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John KimBMO Capital Markets Equity Research
Eric Martin BordenBMO Capital Markets Equity Research
Juan SanabriaBMO Capital Markets Equity Research

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