PSTL - Postal Realty Trust, Inc.

NYSE - NYSE Delayed Price. Currency in USD
16.25
-0.23 (-1.40%)
At close: 4:02PM EDT
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Trade prices are not sourced from all markets
Previous Close16.48
Open16.47
Bid16.33 x 900
Ask16.46 x 800
Day's Range16.25 - 16.53
52 Week Range16.25 - 17.37
Volume18,521
Avg. Volume192,550
Market Cap117.623M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire8 days ago

    Postal Realty Trust, Inc. Closes Initial Public Offering

    Postal Realty Trust, Inc. (PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages properties leased to the United States Postal Service, today announced the closing of its initial public offering of 4,500,000 shares of Class A common stock at an initial public offering price of $17.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. The Class A common stock began trading on the New York Stock Exchange on May 15, 2019 under the symbol “PSTL”.

  • MarketWatch11 days ago

    Postal Realty Trust's stock opens in line with $17 IPO price

    Shares of Postal Realty Trust Inc. opened in line with the pricing of its initial public offering, then rose slightly in their public debut. The first trade was at $17 at 9:39 a.m. Eastern, matching the $17 IPO price. The stock has since traded in a range of $16.80 to $17.37, and was last 0.5% above its IPO price. The real estate investment trust, which owns and manages properties that are leased to the U.S. Postal Service, sold 4.5 million shares in the IPO to raise $76.5 million. The REIT went public at a time that the Renaissance IPO ETF has rallied 31.3% year to date, while the SPDR Real Estate Select Sector ETF has advanced 17.4% and the S&P 500 has gained 13.4%.

  • MarketWatch11 days ago

    REIT Postal Realty prices IPO at $17 a share

    Postal Realty Trust Inc. , a REIT that owns and manages properties that are leased to the U.S. Postal service, said Wednesday it has priced its initial public offering at $17 a share. The company sold 4.5 million shares to raise $76.5 million. The underwriters have the option to buy an additional 675,000 shares. The stock is expected to start trading later Wednesday on the New York Stock Exchange, under the ticker symbol "PSTL." Proceeds of the deal will be used to acquire properties, repay mortgage debt and for general corporate purposes, including working capital and potential acquisitions.

  • Business Wire11 days ago

    Postal Realty Trust, Inc. Prices Initial Public Offering

    Postal Realty Trust, Inc. (PSTL) (the "Company"), an internally managed real estate investment trust that will own and manage properties leased to the United States Postal Service, today announced that it has priced its initial public offering of 4,500,000 shares of Class A common stock at an initial public offering price of $17.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. The Class A common stock is expected to begin trading on the New York Stock Exchange on May 15, 2019.

  • Benzinga16 days ago

    The Postal Realty IPO: What You Need To Know

    The Street sees challenges in the U.S. Postal Service, but this REIT sees an opportunity, and it’s inviting investors to buy in. The IPO Postal Realty Trust, Inc. will issue 5 million shares on the New ...

  • Business Wire26 days ago

    Postal Realty Trust Launches Initial Public Offering

    Postal Realty Trust, Inc. (the “Company”), an internally managed real estate investment trust that will own and manage properties leased to the United States Postal Service, today announced the launch of its initial public offering of 5,000,000 shares of its Class A common stock. The initial public offering price is expected to be between $19.00 and $21.00 per share, before underwriting discounts and commissions. In addition, the Company expects to grant to the underwriters a 30-day option to purchase up to an additional 750,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.