Postal Realty Trust (PSTL)
NYSE:PSTL
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.12Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a constructive growth story: management raised AFFO guidance, provided forward visibility into 2027 same-store revenue (~6.5%), increased acquisition guidance and demonstrated strong liquidity and capital access. Key positives include high occupancy (99.8%), improving lease economics (more escalators and longer terms), and an active accretive acquisition pipeline. Headwinds include relatively high but targeted leverage (5.2x), single-tenant concentration risk, limited detail on mark-to-market magnitude, modest Q1 beat, and the need to refinance floating-rate debt. Overall, the upside from organic growth, visible escalators, and accelerated acquisitions outweighs the noted risks.Company Guidance
Raised AFFO Guidance and Midpoint Growth
2026 AFFO per share guidance raised to $1.40 - $1.42 (up $0.01 vs prior), implying ~6.8% growth at the midpoint for the year.
Quarterly AFFO Beat
Reported Q1 AFFO per share of $0.33, $0.01 ahead of Q1 2025 (noting prior-year quarter benefited from $0.02 of holdover payments and tax reimbursements).
Strong Multi-Year AFFO Growth Track Record
On track for 6.1% average annual AFFO per share growth from 2021-2026 based on updated guidance, ranking second among net lease REITs.
Forward-Looking Same-Store Revenue Visibility for 2027
Provided 2027 same-store cash revenue growth outlook of ~6.5% (≈30 basis points higher than 2026). Company attributes ~25% of that 6.5% to annual escalators and the remainder to mark-to-market.
Growing Rent Escalators and Lease Duration
53% of portfolio leases contain annual rent escalators (41% will see escalators in 2026); by 2027 ~53% of rental income will experience escalators. Weighted average lease term expected to extend to over 6 years by end of 2026 (vs 3 years at IPO).
Active, Accretive Acquisition Program
Increased 2026 acquisition guidance by $15M to $130M–$140M. Q1 acquisitions ~ $34.6M–$35M (61 properties, ~195k sq ft) at a weighted average cap rate ~7.4%–7.5%; YTD acquisitions and signed contracts of ~$52M (including $17M in Q2 to date).
Strong Liquidity and Capital Access
Approximate liquidity of $250M at quarter end (unused revolver + $48M unsettled forward equity). Received BBB investment-grade rating; weighted average cost of capital ~6.1%.
Leverage and Funding Metrics Within Targets
Net debt to pro forma annualized adjusted EBITDA of 5.2x (within updated target of under 6x). Pro forma adjusted net debt to pro forma annualized adjusted EBITDA of 4.5x after giving effect to ~$53M unsettled forward equity.
Dividend and Payout Profile
Quarterly dividend approved at $0.2450 per share (+1% YoY). Dividend yield ~4.5%; Board expects a 2026 AFFO payout ratio of ~70% (Q1 payout ~74%).
Operating Stability and Tenant Performance
Portfolio occupancy ~99.8% with a single high-credit tenant (USPS) that pays 100% of contractual rent, providing high cash collection visibility.
PSTL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PSTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $22.17 | $22.95 | +3.52% |
Feb 24, 2026 | $19.19 | $19.95 | +3.92% |
Nov 04, 2025 | $14.41 | $14.87 | +3.18% |
Aug 04, 2025 | $13.42 | $14.05 | +4.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Postal Realty Trust (PSTL) report earnings?
Postal Realty Trust (PSTL) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Postal Realty Trust (PSTL) earnings time?
Postal Realty Trust (PSTL) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PSTL EPS forecast?
PSTL EPS forecast for the fiscal quarter 2026 (Q2) is 0.14.