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Postal Realty Trust Inc - PSTL STOCK NEWS

Welcome to our dedicated news page for Postal Realty Trust (Ticker: PSTL), a resource for investors and traders seeking the latest updates and insights on Postal Realty Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Postal Realty Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Postal Realty Trust's position in the market.

Rhea-AI Summary
Postal Realty Trust, Inc. will report its first quarter 2024 financial results on May 7, 2024. The Company owns and manages properties leased primarily to the USPS. A webcast and conference call will be held on May 8, 2024, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
conferences earnings
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Rhea-AI Summary
Postal Realty Trust, Inc. (PSTL) executives will present at the Sidoti Virtual Investor Conference to discuss the company's real estate investment trust operations. The conference will take place on March 13, 2024, with a live webcast available on the company's website for investors. The company will also engage with the investment community during the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
conferences
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Rhea-AI Summary
Postal Realty Trust, Inc. (PSTL) acquires 75 USPS properties for $20.7 million, reports net income of $0.12 per share, and raises dividend for the fifth consecutive year. The company achieved a 20% increase in rental income and added 223 properties to its portfolio in 2023. With a solid balance sheet and high portfolio occupancy, Postal Realty is well-positioned for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
none
Rhea-AI Summary
Postal Realty Trust, Inc. (PSTL) announced the release of its financial results for the period and year ended December 31, 2023. The Company will conduct a webcast and conference call on February 27, 2024, to discuss the fourth quarter and full-year 2023 financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
Tags
conferences earnings
-
Rhea-AI Summary
Postal Realty Trust, Inc. (NYSE: PSTL) has increased its quarterly dividend to $0.24 per share, representing a 1.1% increase from the previous quarter. The company owns and manages over 1,900 postal properties leased primarily to the United States Postal Service. The tax characteristics of the 2023 dividends have been provided, with a total distribution of $0.9500 per share, including ordinary dividends, non-dividend distributions, and Section 199A dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends earnings
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Rhea-AI Summary
Postal Realty Trust, Inc. (NYSE: PSTL) acquired 223 properties for $78 million in 2023, with a full-year weighted average capitalization rate of 7.7%. 96% of the outstanding debt is set to fixed rates, and there are no near-term debt maturities. The company collected 100% of its contractual rents in the fourth quarter of 2023 and acquired 75 properties leased to the USPS for approximately $20.7 million. The owned portfolio was 99.7% occupied at the end of 2023, consisting of 1,509 properties across 49 states and one territory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
none
Rhea-AI Summary
Postal Realty Trust, Inc. (NYSE: PSTL) will participate in the 2023 Jefferies Real Estate Conference in Miami Beach, Florida. The company owns and manages over 1,800 properties leased primarily to the United States Postal Service, including last-mile post offices and industrial facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
conferences
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Rhea-AI Summary
Postal Realty Trust, Inc. (NYSE: PSTL) announces CEO and CFO attendance at Nareit’s REITworld: 2023 Annual Conference. The company will host meetings with the investment community during the conference, focusing on its 1,800 properties primarily leased to the United States Postal Service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
conferences
-
Rhea-AI Summary
Postal Realty Trust, Inc. acquired 70 USPS properties for $24.2 million, with a 17% revenue growth compared to the same quarter last year. Net income was $1.2 million, and FFO and AFFO were $6.3 million and $6.9 million respectively. The company also announced a quarterly dividend of $0.2375 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
Rhea-AI Summary
Postal Realty Trust, Inc. announces a 1.1% increase in quarterly dividend on its Class A common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
dividends earnings
Postal Realty Trust Inc

NYSE:PSTL

PSTL Rankings

PSTL Stock Data

381.22M
21.11M
5.59%
59.92%
0.82%
Other Financial Vehicles
Finance and Insurance
Link
US
Cedarhurst

About PSTL

postal realty trust inc. is an internally managed real estate company that owns and manages properties leased to the united states postal service or usps. the company, through its taxable reit subsidiary also provides fee-based third party management services for additional postal properties leased to the usps.