Added to YB: 2026-04-24
Pitch date: 2026-02-23
PSTL [bullish]
Postal Realty Trust, Inc.
+23.78%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$708.2M
Pitch Price
$19.14
Price Target
N/A
Dividend
4.19%
EV/EBITDA
19.07
P/E
43.50
EV/Sales
11.08
Sector
Office REITs
Category
growth
Postal Realty Trust, Inc. - $PSTL
PSTL: Only public REIT focused on USPS-leased properties, rolling up 23K leased stores from 17K small landlords. Acquired 216 properties for $123M at 7.7% cap rate in 2024 (+20% asset growth YoY). 99.8% occupied, 4yr avg lease terms w/ 3% escalators, converting to 10yr leases. 14x FFO, 5.2% yield. 7-8% cap rate vs 4.4% borrow cost = 11-14% ROE. Expect MSD-HSD FFO growth + 5% yield = 10%+ returns.
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