Postal Realty Q2 Rental Income Jumps 23%, Raises 2026 AFFO and Acquisition Guidance
PSTL sits 69% above its 52-week low of $13.71.
Summary
Postal Realty Trust delivered a strong Q2 with rental income up 23% year-over-year to $28.02 million, driven by internal growth and acquisitions. The company raised its 2026 AFFO guidance to $1.41-$1.43 per share and lifted its acquisition target to $150-$160 million, signaling confidence in its pipeline. Q2 saw 37 USPS properties acquired for $45.1 million at a 7.3% cap rate, adding to portfolio growth. This follows the recent $615 million credit facility expansion in July, which the CEO cited as enhancing the ability to pursue accretive deals. The raised guidance and acquisition pace suggest the REIT is scaling efficiently, with same-store cash NOI growth expected at 6-7% for the year.
At the time of this announcement, PSTL was trading at $23.11 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $764.4M. The 52-week trading range was $13.71 to $25.22. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.