Postal Realty Trust Inc
PSTLReal Estate·REIT - Office·USA·Small·NYSE·Nov 11 • 10:59 AM ET
22.46-0.25 (-1.10%)
2026-11-11 17:00 CET
Market cap
760.87 USD m
Revenue, TTM
111.82 USD m
Net income, TTM
15.94 USD m
Free cash flow, TTM
44.57 USD m
EPS diluted, TTM
0.57
P/E
39.42
Price
PSTL against its 20, 50 and 200-day averages2050200beatearnings
10.9% under the 52-week high of 25.22 on 1 Jul 2026. 52-week low 15.02 on 8 Dec 2025. Last 15 sessions, 8.6% high to low
Profile
PSTL52-week range, 73% of the way up
15.0225.22
Postal Realty Trust, Inc. engages in acquiring and managing properties leased primarily to the United States Postal Service, ranging from last-mile post offices to industrial facilities. The company was founded in 2004 and is headquartered in Cedarhurst, NY.
| Index | RUT |
|---|---|
| Employees | 42 |
| IPO | May 15, 2019 |
| Beta | 0.78 |
| ATR, 14d | 0.57 |
| Rel volume | 0.18 |
| Short float | 12.39% |
| Insider own | 4.86% |
| Inst own | 73.42% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 880.30M |
| Enterprise Value | 1.38B |
| Income | 15.94M |
| Sales | 111.82M |
| Book/sh | 12.19 |
| Cash/sh | 0.06 |
| Dividend Est. | 0.98 (4.37%) |
| Dividend TTM | 0.98 (4.35%) |
| Dividend Ex-Date | Nov 13, 2026 |
| Dividend Gr. 3/5Y | 1.41% 4.19% |
| Payout | 205.51% |
| Employees | 42 |
| IPO | May 15, 2019 |
Ratios
| P/E | 39.42 |
|---|---|
| Forward P/E | 29.85 |
| PEG | 1.47 |
| P/S | 7.87 |
| P/B | 1.84 |
| P/C | 371.44 |
| P/FCF | 19.75 |
| EV/EBITDA | 19.93 |
| EV/Sales | 12.38 |
| Quick Ratio | 50.09 |
| Current Ratio | 50.09 |
| Debt/Eq | 1.01 |
| LT Debt/Eq | 1.01 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | 0.57 |
|---|---|
| EPS next Y | 0.75 |
| EPS next Q | 0.18 |
| EPS this Y | 42.05% |
| EPS next Y | 12.70% |
| EPS next 5Y | 20.27% |
| EPS past 3/5Y | 45.26% - |
| Sales past 3/5Y | 21.74% 31.53% |
| EPS Y/Y TTM | 18.60% |
| Sales Y/Y TTM | 22.22% |
| EPS Q/Q | 21.27% |
| Sales Q/Q | 24.20% |
| Earnings | Nov 03 AMC |
| EPS/Sales Surpr. | -16.49% 2.86% |
Ownership
| Insider Own | 4.86% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 73.42% |
| Inst Trans | 8.69% |
| ROA | 1.91% |
| ROE | 4.67% |
| ROIC | 1.94% |
| Gross Margin | 55.16% |
| Oper. Margin | 38.09% |
| Profit Margin | 14.25% |
| SMA20 | 2.85% |
| SMA50 | -0.95% |
| SMA200 | 2.21% |
| Trades | - |
Technical
| Shs Outstand | 33.46M |
|---|---|
| Shs Float | 31.88M |
| Short Float | 12.39% |
| Short Ratio | 12.70 |
| Short Interest | 3.95M |
| 52W High | 25.22 -10.94% |
| 52W Low | 15.02 49.53% |
| Volatility | 3.21% 2.72% |
| ATR (14) | 0.57 |
| RSI (14) | 53.06 |
| Beta | 0.78 |
| Rel Volume | 0.18 |
| Avg Volume | 311.18K |
| Volume | 15,249 |
Performance
| Perf Week | 1.54% |
|---|---|
| Perf Month | -0.88% |
| Perf Quarter | -3.02% |
| Perf Half Y | -3.77% |
| Perf YTD | 39.16% |
| Perf Year | 42.78% |
| Perf 3Y | 66.88% |
| Perf 5Y | 15.77% |
| Perf 10Y | - |
| Recom | 1.29 |
| Target Price | 25.74 |
| Prev Close | 22.71 |
| Price | 22.46 |
| Change % | -1.10% |
Analyst ratings
latest 10 of 16| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| May 04, 2026 | Initiated | BScotiabank | Sector Outperform | $23 | +2.4% |
| Apr 17, 2026 | Upgrade | BBMO Capital Markets | Market Perform → Outperform | $23 | +2.4% |
| Jan 20, 2026 | Upgrade | TTruist | Hold → Buy | ||
| Jun 17, 2024 | Resumed | SStifel | Buy | $15.50 | -31.0% |
| Mar 25, 2022 | Downgrade | BBMO Capital Markets | Outperform → Market Perform | $22 → $19 | -15.4% |
| Feb 07, 2022 | Initiated | TTruist | Hold | $19 | -15.4% |
| Nov 03, 2021 | Initiated | CColliers Securities | Buy | $22 | -2.0% |
| Sep 14, 2020 | Initiated | JJefferies | Buy | $20 | -11.0% |
| Aug 17, 2020 | Downgrade | CCompass Point | Buy → Neutral | $11.50 | -48.8% |
| Jun 04, 2020 | Initiated | BBTIG Research | Buy | $19 | -15.4% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| DEA | Easterly Government Properties Inc | 1.05B |
| CDP | COPT Defense Properties | 7.40B |
| ONL | Orion Properties Inc | 152.63M |
| OPI | Office Properties Income Trust | 369.02M |
| NLOP | Net Lease Office Properties | 139.10M |
| GOOD | Gladstone Commercial Corp | 489.01M |
| FVR | FrontView REIT Inc | 604.14M |
| OLP | One Liberty Properties Inc | 464.43M |
| GNL | Global Net Lease Inc | 1.49B |
| PINE | Alpine Income Property Trust Inc | 298.94M |
Insider trading
5 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Garber Jeremy | Pres., Treasurer & Secretary | Mar 04 '26 | Sale | 20.58 | 19,914 | 409,922 | 223,451 | Mar 06 04:19 PM |
| Garber Jeremy | Officer | Mar 04 '26 | Proposed Sale | 20.58 | 19,914 | 409,882 | Mar 04 04:07 PM | |
| Garber Jeremy | Pres., Treasurer & Secretary | Jan 29 '26 | Option Exercise | 0.00 | 17,300 | 0 | 243,387 | Feb 02 09:06 PM |
| Spodek Andrew | CEO and Director | Jan 29 '26 | Option Exercise | 0.00 | 24,736 | 0 | 38,831 | Feb 02 09:06 PM |
| Brandwein Matt | EVP & Chief Accounting Officer | Jan 29 '26 | Option Exercise | 0.00 | 5,900 | 0 | 113,819 | Feb 02 09:06 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| FREI | Fidelity Real Estate Income ETF | AUM: 50.86M |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| KBWY | Invesco KBW Premium Yield Equity REIT ETF | AUM: 288.96M |
| FSCC | Federated Hermes MDT Small Cap Core ETF | AUM: 457.96M |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
| SCHH | Schwab U.S. REIT ETF | AUM: 11.94B |
| DFAR | DFA Real Estate Securities Portfolio ETF Class Shares | - |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
News
latest 14 of 206- Postal Realty Trust Falls Short Of The Whisper As Record Buying, Lower Leverage And A Third Guidance Raise Collide With Cap-Rate Compression (Earnings Whispers)
- Postal Realty Trust: Q3 Earnings Snapshot (Associated Press)
- Postal Realty Trust, Inc. Reports Third Quarter 2026 Results (GlobeNewswire)
- Postal Realty Trust Declares Third Quarter 2026 Dividend (GlobeNewswire)
- Postal Realty Seeks A Fourth Straight Raise As Its Stock Drifts Toward Range Lows (Earnings Whispers)
- Loading…
- Postal Realty Trust, Inc. to Report Third Quarter 2026 Financial Results on November 3, 2026 (GlobeNewswire)
- Postal Realty Achieves BBB Investment Grade Rating from Fitch Ratings (GlobeNewswire)
- Postal Realty Trust: Q2 Earnings Snapshot (Associated Press)
- Postal Realty Trust, Inc. Reports Second Quarter 2026 Results (GlobeNewswire)
- Postal Realty Trust Declares Second Quarter 2026 Dividend (GlobeNewswire)
- Postal Realty Trust, Inc. to Report Second Quarter 2026 Financial Results on August 4, 2026 (GlobeNewswire)
- Postal Realty Enhances Capital Structure with Credit Facility Recast (GlobeNewswire)
- Stonegate Initiates Coverage on Postal Realty Trust Inc. (PSTL) (Newsfile)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-03 | 0.160 | 0.192 | 0.226 | 29.65 | 28.83 | 4 |
| 2026Q2 | 2026-08-04 | 0.150 | 0.142 | 0.151 | 28.02 | 26.26 | 5 |
| 2026Q1 | 2026-05-05 | 0.110 | 0.103 | 0.112 | 26.11 | 25.43 | 4 |
| 2025Q4 | 2026-02-24 | 0.150 | 0.105 | 0.151 | 25.40 | 23.59 | 3 |
| 2025Q3 | 2025-11-04 | 0.130 | 0.095 | 0.128 | 23.69 | 22.81 | 4 |
| 2025Q2 | 2025-08-04 | 0.120 | 0.076 | 0.124 | 22.73 | 20.62 | 4 |
| 2025Q1 | 2025-04-30 | 0.060 | 0.038 | 0.064 | 21.48 | 19.45 | 4 |
| 2024Q4 | 2025-02-26 | 0.170 | 0.011 | 0.168 | 20.40 | 17.90 | 4 |
| 2024Q3 | 2024-11-04 | 0.030 | 0.027 | 0.030 | 18.77 | 17.88 | 4 |
| 2024Q2 | 2024-08-06 | 0.020 | 0.031 | 0.018 | 17.36 | 16.91 | 4 |
| 2024Q1 | 2024-05-07 | -0.010 | 0.006 | -0.008 | 16.60 | 16.51 | 3 |
| 2023Q4 | 2024-02-26 | 0.040 | 0.028 | 0.039 | 16.27 | 15.14 | 5 |
| 2023Q3 | 2023-10-30 | 0.040 | 0.022 | 0.040 | 15.44 | 15.01 | 5 |
| 2023Q2 | 2023-08-08 | 0.030 | 0.017 | 0.034 | 14.76 | 14.64 | 5 |
| 2023Q1 | 2023-05-02 | 0.000 | -0.004 | 0.002 | 14.50 | 14.45 | 5 |
| 2022Q4 | 2023-03-01 | 0.060 | 0.030 | 0.058 | 14.21 | 13.75 | 4 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2019FY | -0.300 | -0.172 | -0.300 | 7.38 | 7.35 |
| 2020FY | -0.100 | -0.183 | -0.100 | 20.27 | 21.35 |
| 2021FY | 0.100 | 0.153 | 0.102 | 38.28 | 37.08 |
| 2022FY | 0.150 | 0.176 | 0.154 | 50.88 | 50.15 |
| 2023FY | 0.120 | 0.159 | 0.116 | 60.97 | 57.93 |
| 2024FY | 0.210 | 0.107 | 0.213 | 73.14 | 68.86 |
| 2025FY | 0.470 | 0.518 | 0.569 | 93.31 | 88.64 |
| 2026FY | - | 0.668 | - | - | 109.58 |
| 2027FY | - | 0.752 | - | - | 125.12 |
| 2028FY | - | 0.818 | - | - | 138.68 |
| 2029FY | - | 0.820 | - | - | 157.86 |
| 2030FY | - | 0.910 | - | - | 162.84 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-11-08 | 7 | 2 | 0 | 29.94 | 27.82 | 31.34 |
| 2026Q4 | S | 2026-11-04 | 7 | 3 | 0 | 29.94 | 27.82 | 31.34 |
| 2026Q4 | S | 2026-11-03 | 7 | 1 | 0 | 29.62 | 26.67 | 31.34 |
| 2026Q4 | S | 2026-10-28 | 7 | 1 | 0 | 29.62 | 26.67 | 31.34 |
| 2026Q4 | S | 2026-10-25 | 7 | 2 | 0 | 29.62 | 26.67 | 31.34 |
| 2026Q4 | S | 2026-10-21 | 7 | 3 | 0 | 29.62 | 26.67 | 31.34 |
| 2026Q4 | S | 2026-10-19 | 7 | 4 | 0 | 29.62 | 26.67 | 31.34 |
| 2026Q4 | S | 2026-08-25 | 7 | 7 | 0 | 29.62 | 26.67 | 31.34 |
| 2026Q4 | S | 2026-08-24 | 7 | 7 | 0 | 29.58 | 26.67 | 31.00 |
| 2026Q4 | S | 2026-08-14 | 7 | 6 | 0 | 29.41 | 26.67 | 30.50 |
| 2026Q4 | S | 2026-08-11 | 7 | 5 | 0 | 29.10 | 26.67 | 30.50 |
| 2026Q4 | S | 2026-08-07 | 7 | 4 | 0 | 28.96 | 26.67 | 30.20 |
| 2026Q4 | S | 2026-08-05 | 8 | 3 | 0 | 28.13 | 23.75 | 29.84 |
| 2026Q4 | S | 2026-07-22 | 8 | 0 | 0 | 27.53 | 23.75 | 29.84 |
Estimate history
| EPS, annual | -0.3 | -0.1 | 0.102 | 0.154 | 0.116 | 0.213 | 0.472 | 0.5697 | |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| EPS, quarterly | 0.03 | 0.168 | 0.064 | 0.124 | 0.128 | 0.151 | 0.112 | 0.151 | 0.155 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 11.289 | 24.444 | 45.445 | 53.33 | 63.712 | 76.372 | 96.223 | 111.82 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| Sales, quarterly | 19.667 | 21.368 | 22.25 | 23.451 | 24.426 | 26.096 | 26.748 | 28.642 | 30.338 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 5.286 | 9.464 | 18.592 | 19.555 | 21.96 | 23.522 | 26.877 | 33.488 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |
| Shares, quarterly | 23.34 | 23.522 | 23.723 | 24.264 | 25.947 | 26.877 | 27.651 | 30.142 | 33.488 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 111.82 | 96.22 | 76.37 | 63.71 | 53.33 | 45.45 | 24.44 | 11.29 |
| Total Expenses | 69.23 | 61.84 | 57.59 | 49.72 | 43.63 | 34.02 | 22.41 | 11.22 |
| Operating Income | 42.59 | 34.39 | 18.78 | 14.00 | 9.70 | 11.43 | 2.03 | 0.07 |
| Unusual Expense | 0.23 | 0.14 | 0.00 | 0.00 | -1.03 | 0.20 | 0.00 | 0.19 |
| Net Income Before Taxes | 24.17 | 18.12 | 8.44 | 4.66 | 4.76 | 2.67 | -0.55 | -1.45 |
| Income Taxes | 0.06 | 0.03 | 0.12 | 0.07 | 0.01 | 0.11 | 0.09 | 0.04 |
| Consolidated Net Income | 20.92 | 15.44 | 6.53 | 3.22 | 3.75 | 1.90 | -0.99 | -2.01 |
| Net Income From Continuing Operations | 15.94 | 11.49 | 4.80 | 2.34 | 2.86 | 1.40 | -0.70 | -1.55 |
| Net Income | 15.94 | 11.49 | 4.80 | 2.34 | 2.86 | 1.40 | -0.70 | -1.55 |
| EPS (Recurring) | 0.53 | 0.48 | 0.21 | 0.12 | 0.12 | 0.11 | -0.10 | -0.28 |
| EPS (Basic, Before Extraordinaries) | 0.57 | 0.47 | 0.21 | 0.12 | 0.15 | 0.10 | -0.10 | -0.30 |
| EPS (Diluted) | 0.57 | 0.47 | 0.21 | 0.12 | 0.15 | 0.10 | -0.10 | -0.30 |
| Non-Operating Income (Expense) | 2.30 | 3.42 | 7.51 | -3.93 | 0.68 | 0.40 | 0.23 | 0.01 |
| Other After Tax Adjustments | -3.19 | -2.66 | -1.79 | -1.37 | -1.00 | -0.66 | -0.35 | -0.52 |
| Stock Option Compensation Expense | 7.97 | 6.31 | 6.38 | 5.83 | 3.73 | 2.72 | 1.72 | 0.73 |
| Price To Earnings Ratio | 39.86 | 39.86 | 163.74 | 108.33 | 109.91 | 201.02 | - | - |
| Price To Sales Ratio | 6.26 | 4.08 | 3.86 | 4.60 | 5.05 | 5.96 | 4.84 | 7.75 |
| Gross Margin | 55.16 | 53.53 | 46.74 | 45.91 | 42.77 | 48.56 | 41.98 | 43.54 |
| Operating Margin | 38.09 | 35.74 | 24.60 | 21.97 | 18.19 | 25.14 | 8.31 | 0.61 |
| Net Margin | 14.25 | 11.94 | 6.29 | 3.68 | 5.36 | 3.07 | -2.86 | -13.74 |
| Shares Outstanding | 33.49 | 26.88 | 23.52 | 21.96 | 19.56 | 18.59 | 9.46 | 5.29 |
| Market Capitalization | 760.87 | 760.87 | 306.42 | 316.56 | 276.68 | 270.42 | 159.50 | 89.60 |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 30.34 | 28.64 | 26.75 | 26.10 | 24.43 | 23.45 | 22.25 | 21.37 |
| Total Expenses | 18.44 | 17.39 | 17.51 | 15.90 | 15.28 | 14.74 | 15.92 | 14.52 |
| Operating Income | 11.90 | 11.26 | 9.24 | 10.20 | 9.15 | 8.71 | 6.33 | 6.85 |
| Unusual Expense | 0.23 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 7.00 | 6.43 | 4.86 | 5.88 | 4.89 | 4.68 | 2.67 | 5.73 |
| Income Taxes | 0.01 | 0.03 | 0.02 | -0.00 | 0.01 | 0.01 | 0.01 | 0.04 |
| Consolidated Net Income | 6.12 | 5.55 | 4.07 | 5.18 | 4.22 | 3.97 | 2.06 | 5.06 |
| Net Income From Continuing Operations | 4.74 | 4.20 | 3.06 | 3.94 | 3.15 | 2.91 | 1.49 | 3.88 |
| Net Income | 4.74 | 4.20 | 3.06 | 3.94 | 3.15 | 2.91 | 1.49 | 3.88 |
| EPS (Recurring) | 0.16 | 0.15 | 0.11 | 0.15 | 0.13 | 0.12 | 0.06 | 0.17 |
| EPS (Basic, Before Extraordinaries) | 0.16 | 0.15 | 0.11 | 0.15 | 0.13 | 0.12 | 0.06 | 0.17 |
| EPS (Diluted) | 0.16 | 0.15 | 0.11 | 0.15 | 0.13 | 0.12 | 0.06 | 0.17 |
| Non-Operating Income (Expense) | 0.51 | 0.52 | 0.52 | 0.75 | 0.90 | 0.89 | 0.87 | 3.45 |
| Other After Tax Adjustments | -0.86 | -0.85 | -0.77 | -0.70 | -0.66 | -0.70 | -0.59 | -0.63 |
| Stock Option Compensation Expense | 1.47 | 1.43 | 2.07 | 2.99 | 0.55 | 1.28 | 1.91 | 1.02 |
| Price To Earnings Ratio | 39.86 | 47.84 | 39.71 | 33.36 | 40.65 | 52.49 | 68.46 | 163.74 |
| Price To Sales Ratio | 6.26 | 6.45 | 5.03 | 4.36 | 4.22 | 3.99 | 4.08 | 3.95 |
| Gross Margin | 55.88 | 56.42 | 55.19 | 52.92 | 53.62 | 54.50 | 53.11 | 51.24 |
| Operating Margin | 39.23 | 39.30 | 34.54 | 39.08 | 37.46 | 37.14 | 28.45 | 32.05 |
| Net Margin | 15.64 | 14.66 | 11.43 | 15.09 | 12.90 | 12.42 | 6.71 | 18.15 |
| Shares Outstanding | 33.49 | 30.14 | 27.65 | 26.88 | 25.95 | 24.26 | 23.72 | 23.52 |
| Market Capitalization | 760.87 | 681.32 | 510.29 | 421.09 | 386.09 | 351.06 | 336.78 | 306.42 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 2.10 | 2.54 | 2.87 | 2.04 | 7.03 | 3.27 | 13.18 |
| Short Term Receivables | 10.61 | 9.30 | 6.29 | 5.81 | 4.84 | 3.74 | 1.74 |
| Investments | 718.71 | 612.68 | 535.17 | 469.06 | 344.69 | 234.37 | 111.77 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 2.24 | 2.19 | 0.97 | 1.01 | 17.27 | 0.00 | 0.00 |
| Deferred Tax Assets | - | - | 0.00 | 23.00 | - | - | - |
| Other Intangible Assets | 25.41 | 20.11 | 22.05 | 0.38 | 20.10 | 17.51 | 10.09 |
| Total Assets | 759.06 | 646.82 | 567.35 | 501.30 | 377.72 | 258.88 | 136.79 |
| Total Debt | 382.96 | 315.04 | 254.72 | 209.50 | 105.09 | 133.35 | 63.82 |
| Long Term Debt | 382.33 | 314.93 | 254.61 | 209.39 | 104.99 | 133.35 | 63.71 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 16.53 | 14.28 | 11.00 | 8.10 | 7.15 | 5.89 | 3.15 |
| Total Liabilities | 399.50 | 329.32 | 265.72 | 217.59 | 112.24 | 139.25 | 66.96 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 285.20 | 251.28 | 243.56 | 229.23 | 220.04 | 91.99 | 48.87 |
| Total Shareholders Equity | 285.20 | 251.28 | 243.56 | 229.23 | 220.04 | 91.99 | 48.87 |
| Accumulated Minority Interest | 74.36 | 66.21 | 58.06 | 54.48 | 45.43 | 27.65 | 20.95 |
| Total Equity | 359.56 | 317.50 | 301.62 | 283.71 | 265.47 | 119.64 | 69.82 |
| Total Liabilities & Stockholders Equity | 759.06 | 646.82 | 567.35 | 501.30 | 377.72 | 258.88 | 136.79 |
| Book Value Per Share | 10.61 | 10.68 | 11.09 | 11.72 | 11.84 | 9.72 | 9.25 |
| Tangible Book Value Per Share | 9.94 | 10.07 | 10.36 | 10.81 | 11.05 | 8.34 | 7.86 |
| Full-Time Employees | 42 | 45 | 46 | 42 | 37 | 25 | 21 |
| Price to Book Ratio | 1.86 | 1.24 | 1.28 | 1.23 | 1.67 | 1.73 | 1.83 |
| Return on Assets | 1.63 | 0.79 | 0.44 | 0.65 | 0.44 | -0.35 | - |
| Return on Equity | 4.28 | 1.94 | 0.99 | 1.27 | 0.90 | -0.99 | - |
| Return on Invested Capital | 1.72 | 0.85 | 0.47 | 0.65 | 0.43 | -0.31 | -1.38 |
| Quick Ratio | 2.28 | 100.34 | 81.78 | 74.05 | 118.64 | 30.80 | 136.75 |
| Current Ratio | 2.28 | 100.34 | 81.78 | 74.05 | 118.64 | 30.80 | 136.75 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 50.37 | 42.62 | 31.33 | 27.29 | 25.04 | 19.18 | 9.92 | 3.07 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -1.25 | 1.88 | 2.17 | 1.14 | 0.40 | -2.08 | -0.53 | -0.21 |
| Cash from Operating Activities | 49.12 | 44.51 | 33.50 | 28.43 | 25.43 | 17.09 | 9.40 | 2.86 |
| Capital Expenditures | -4.55 | -6.94 | -2.77 | -2.87 | -3.69 | -1.90 | -0.97 | -0.15 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -184.40 | -118.27 | -76.35 | -70.33 | -116.50 | -105.64 | -125.14 | -72.50 |
| Purchase of Investments | -185.01 | -119.66 | -82.33 | -70.33 | -116.50 | -105.66 | -125.15 | -72.50 |
| Sale Or Maturity of Investments | 0.62 | 1.39 | 5.98 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
| Other Uses | 0.21 | -0.14 | -0.08 | -0.07 | -0.81 | -0.34 | -0.04 | 0.00 |
| Other Sources | 1.41 | 1.65 | 0.06 | 0.65 | 0.84 | 1.15 | 0.00 | 0.00 |
| Cash from Investing Activities | -187.33 | -123.69 | -79.15 | -72.61 | -120.15 | -106.72 | -126.15 | -72.65 |
| Cash Dividends Paid | -20.65 | -23.96 | -22.26 | -19.70 | -17.53 | -12.02 | -6.00 | -3.16 |
| Change in Capital Stock | 141.61 | 47.24 | 19.49 | 26.21 | 11.43 | 138.92 | 48.62 | 64.71 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | -0.56 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 141.61 | 47.24 | 19.49 | 26.77 | 11.43 | 138.92 | 48.62 | 64.71 |
| Proceedsfrom Stock Options | 141.44 | 47.07 | 19.32 | 26.58 | 11.25 | 138.92 | 48.62 | 64.71 |
| Issuance or Reduction of Debt, Net | 32.46 | 62.60 | 54.52 | 43.63 | 101.09 | -30.19 | 66.62 | 20.80 |
| Change in Long Term Debt | 32.46 | 62.60 | 54.52 | 43.63 | 101.09 | -30.19 | 66.62 | 20.80 |
| Issuance of Long Term Debt | 199.92 | 164.72 | 120.63 | 96.73 | 229.19 | 187.65 | 154.74 | 53.02 |
| Reduction of Long Term Debt | -167.45 | -102.12 | -66.11 | -53.11 | -128.10 | -217.84 | -88.11 | -32.22 |
| Net Financing Active Other Cash Flow | 4.04 | -0.35 | -0.70 | -0.47 | -0.38 | -0.30 | -0.15 | -0.24 |
| Other Financing Activities Uses | 4.12 | -0.35 | -0.70 | -0.47 | -0.38 | -0.24 | -0.21 | -0.30 |
| Cash from Financing Activities | 138.24 | 78.74 | 45.32 | 45.01 | 90.57 | 93.39 | 106.84 | 82.12 |
| Net Change in Cash | 0.03 | -0.45 | -0.32 | 0.82 | -4.98 | 3.75 | -9.91 | 12.32 |
| Free Cash Flow | 44.57 | 37.57 | 30.73 | 25.56 | 21.75 | 15.20 | 8.43 | 2.71 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | 29.24 | 28.88 | 34.78 | 50.04 | 63.93 | 85.29 | 48.82 | - |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 2.37 | 2.80 | 2.79 | 2.10 | 2.34 | 2.09 |
| Short Term Receivables | 18.42 | 13.81 | 10.88 | 10.61 | 11.53 | 9.12 |
| Investments | 876.06 | 792.12 | 750.76 | 718.71 | 695.39 | 656.32 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 2.05 | 2.11 | 2.17 | 2.24 | 2.24 | 2.30 |
| Other Intangible Assets | 32.34 | 25.73 | 25.93 | 25.41 | 23.69 | 19.99 |
| Total Assets | 931.24 | 836.57 | 792.54 | 759.06 | 735.19 | 689.82 |
| Total Debt | 411.86 | 405.60 | 408.97 | 382.96 | 369.00 | 350.06 |
| Long Term Debt | 411.68 | 405.08 | 408.44 | 382.33 | 368.99 | 350.05 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 17.25 | 13.69 | 13.12 | 16.53 | 17.72 | 15.21 |
| Total Liabilities | 429.11 | 419.29 | 422.09 | 399.50 | 386.71 | 365.27 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 408.06 | 334.61 | 292.16 | 285.20 | 273.93 | 250.80 |
| Total Shareholders Equity | 408.06 | 334.61 | 292.16 | 285.20 | 273.93 | 250.80 |
| Accumulated Minority Interest | 94.06 | 82.67 | 78.29 | 74.36 | 74.55 | 73.75 |
| Total Equity | 502.12 | 417.28 | 370.45 | 359.56 | 348.48 | 324.55 |
| Total Liabilities & Stockholders Equity | 931.24 | 836.57 | 792.54 | 759.06 | 735.19 | 689.82 |
| Book Value Per Share | 12.19 | 11.10 | 10.57 | 10.61 | 10.56 | 10.34 |
| Tangible Book Value Per Share | 11.44 | 10.44 | 9.88 | 9.94 | 9.93 | 9.72 |
| Full-Time Employees | - | - | - | 42 | - | - |
| Price to Book Ratio | 1.86 | 2.33 | 1.75 | 1.53 | 1.52 | 1.42 |
| Return on Assets | 1.91 | 1.88 | 1.81 | 1.64 | 1.69 | 1.38 |
| Return on Equity | 4.67 | 4.90 | 4.86 | 4.28 | 4.40 | 3.61 |
| Return on Invested Capital | 0.58 | 0.57 | 0.44 | 0.59 | 0.49 | 0.48 |
| Quick Ratio | 50.09 | 9.15 | 26.05 | 19.94 | 2,774.00 | 1,244.89 |
| Current Ratio | 50.09 | 9.15 | 26.05 | 19.94 | 2,774.00 | 1,244.89 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Funds from Operations | 13.82 | 12.79 | 12.04 | 11.72 | 10.75 | 10.18 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -1.07 | 1.29 | -1.10 | -0.38 | 0.18 | 1.23 |
| Cash from Operating Activities | 12.75 | 14.08 | 10.94 | 11.35 | 10.94 | 11.41 |
| Capital Expenditures | -0.77 | -0.91 | -1.09 | -1.77 | -2.16 | -2.35 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -73.99 | -46.36 | -34.88 | -29.17 | -42.70 | -31.43 |
| Purchase of Investments | -73.99 | -46.41 | -34.88 | -29.74 | -42.70 | -31.43 |
| Sale Or Maturity of Investments | 0.00 | 0.05 | 0.00 | 0.57 | 0.00 | 0.00 |
| Other Uses | 0.11 | -0.10 | -0.02 | 0.21 | -0.20 | -0.01 |
| Other Sources | 0.43 | 0.00 | 0.16 | 0.82 | -0.01 | 0.84 |
| Cash from Investing Activities | -74.22 | -47.36 | -35.83 | -29.92 | -45.06 | -32.95 |
| Cash Dividends Paid | -0.50 | -6.82 | -6.96 | -6.37 | -6.01 | -5.82 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 71.91 | 46.11 | 11.32 | 12.27 | 25.40 | 7.62 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 71.91 | 46.11 | 11.32 | 12.27 | 25.40 | 7.62 |
| Proceedsfrom Stock Options | 71.80 | 46.11 | 11.26 | 12.27 | 25.29 | 7.62 |
| Issuance or Reduction of Debt, Net | -1.57 | -4.17 | 24.24 | 13.96 | 16.75 | 22.00 |
| Change in Long Term Debt | -1.57 | -4.17 | 24.24 | 13.96 | 16.75 | 22.00 |
| Issuance of Long Term Debt | 83.60 | 38.00 | 44.35 | 33.97 | 75.75 | 38.00 |
| Reduction of Long Term Debt | -85.17 | -42.17 | -20.11 | -20.00 | -59.00 | -16.00 |
| Net Financing Active Other Cash Flow | -0.01 | 0.00 | -1.20 | 5.26 | -1.76 | -3.35 |
| Other Financing Activities Uses | 0.00 | 0.00 | -0.94 | 5.07 | -1.73 | -3.35 |
| Cash from Financing Activities | 61.04 | 33.29 | 25.59 | 18.33 | 34.38 | 22.06 |
| Net Change in Cash | -0.43 | 0.01 | 0.69 | -0.24 | 0.25 | 0.52 |
| Free Cash Flow | 11.98 | 13.17 | 9.85 | 9.57 | 8.78 | 9.06 |
| Price to Free Cash Flow | 29.24 | 44.94 | 41.93 | 30.87 | 28.94 | 22.83 |
Revenue breakdown
| Real Estate Investment Trusts | 2024: 76.37M 2025: 95.82M |
|---|---|
| United States | 2024: 76.37M 2025: 95.82M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 12.39% | 4.0M | 31.9M | 312.05K |
| 2026-10-15 | 13.44% | 3.9M | 28.8M | 308.54K |
| 2026-09-30 | 13.47% | 3.9M | 28.7M | 319.11K |
| 2026-09-15 | 8.81% | 2.5M | 28.6M | 336.97K |
| 2026-08-31 | 6.07% | 1.7M | 28.6M | 326.69K |
| 2026-08-14 | 7.31% | 2.1M | 28.6M | 333.96K |
| 2026-07-31 | 4.39% | 1.3M | 28.6M | 336.48K |
| 2026-07-15 | 4.40% | 1.1M | 26.1M | 337.22K |
| 2026-06-30 | 3.78% | 1.0M | 26.1M | 328.60K |
| 2026-06-15 | 9.85% | 2.6M | 25.9M | 282.51K |
| 2026-05-29 | 9.36% | 2.4M | 26.1M | 278.69K |
| 2026-05-15 | 10.88% | 2.8M | 25.8M | 279.86K |
| 2026-04-30 | 9.80% | 2.5M | 26.0M | 276.40K |
| 2026-04-15 | 9.22% | 2.4M | 25.9M | 303.42K |
| 2026-03-31 | 9.36% | 2.4M | 25.8M | 308.37K |
| 2026-03-13 | 8.85% | 2.3M | 25.8M | 306.08K |
| 2026-02-27 | 8.86% | 2.3M | 25.8M | 283.88K |
| 2026-02-13 | 11.04% | 2.8M | 25.8M | 256.67K |
| 2026-01-30 | 5.96% | 1.5M | 24.6M | 227.72K |
| 2026-01-15 | 1.86% | 0.5M | 24.7M | 184.13K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 12.50 | 8.00 | 12.20 | 0.00 | 5.992 | 0.00 | 0.00 | 0.952 | -0.047 | 0.003 |
| call | 15.00 | 5.50 | 9.70 | 0.00 | 4.712 | 0.00 | 0.00 | 0.936 | -0.043 | 0.004 |
| call | 17.50 | 3.00 | 7.20 | 0.00 | 3.632 | 0.00 | 0.00 | 0.911 | -0.039 | 0.006 |
| call | 20.00 | 1.10 | 4.60 | 0.00 | 2.361 | 0.00 | 0.00 | 0.693 | -0.169 | 0.012 |
| call | 22.50 | 0.00 | 2.40 | 0.40 | 1.860 | 57.00 | 0.00 | 0.555 | -0.143 | 0.014 |
| call | 25.00 | 0.00 | 0.80 | 0.15 | 1.170 | 9.00 | 0.00 | 0.323 | -0.082 | 0.013 |
| call | 30.00 | 0.00 | 2.15 | 0.00 | 1.983 | 0.00 | 0.00 | 0.226 | -0.117 | 0.011 |
| call | 35.00 | 0.00 | 2.15 | 0.00 | 2.602 | 0.00 | 0.00 | 0.189 | -0.137 | 0.010 |
| put | 12.50 | 0.00 | 0.20 | 0.00 | 4.212 | 0.00 | 0.00 | -0.113 | -0.153 | 0.007 |
| put | 15.00 | 0.00 | 2.15 | 0.00 | 1.864 | 0.00 | 0.00 | -0.062 | -0.045 | 0.004 |
| put | 17.50 | 0.00 | 0.20 | 0.46 | 2.420 | 1.00 | 0.00 | -0.196 | -0.127 | 0.010 |
| put | 20.00 | 0.00 | 2.15 | 0.40 | 2.470 | 4.00 | 0.00 | -0.306 | -0.170 | 0.012 |
| put | 22.50 | 0.00 | 2.65 | 2.10 | 1.908 | 15.00 | 0.00 | -0.438 | -0.138 | 0.014 |
| put | 25.00 | 0.70 | 4.20 | 0.00 | 1.842 | 0.00 | 0.00 | -0.681 | -0.084 | 0.013 |
| put | 30.00 | 5.70 | 9.70 | 0.00 | 3.144 | 0.00 | 0.00 | -0.774 | -0.117 | 0.011 |
| put | 35.00 | 11.30 | 13.70 | 0.00 | 3.043 | 0.00 | 0.00 | -0.809 | -0.135 | 0.010 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-05 | SCHEDULE 13G/A | SEC | ||
| 2026-11-03 | 8-K | Current report | 2026-11-03 | SEC |
| 2026-11-03 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-09-09 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-04 | SEC |
| 2026-09-09 | SCHEDULE 13D/A | SEC | ||
| 2026-09-09 | 8-K | Current report | 2026-09-04 | SEC |
| 2026-08-06 | SCHEDULE 13G/A | SEC | ||
| 2026-08-05 | 8-K | Current report | 2026-08-05 | SEC |
| 2026-08-05 | 424B5 | SEC | ||
| 2026-08-05 | S-8 | Initial registration statement for securities to be offered to employees pursuant to employee benefit plans | SEC | |
| 2026-08-05 | S-3ASR | Automatic shelf registration statement of securities of well-known seasoned issuers | SEC | |
| 2026-08-04 | 8-K | Current report | 2026-08-04 | SEC |
| 2026-08-04 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-07 | 8-K | Current report | 2026-07-02 | SEC |
| 2026-06-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-02 | SEC |
| 2026-06-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-02 | SEC |
| 2026-06-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-02 | SEC |
| 2026-06-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-02 | SEC |
| 2026-06-02 | 8-K | Current report | 2026-06-02 | SEC |
| 2026-05-19 | 8-K | Current report | 2026-05-15 | SEC |
| 2026-05-05 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-05 | 8-K | Current report | 2026-05-05 | SEC |
| 2026-04-02 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-01 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-01 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-01 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-05-15 | SEC |
| 2026-03-27 | SCHEDULE 13G/A | SEC | ||
| 2026-03-17 | 8-K | Current report | 2026-03-16 | SEC |
| 2026-03-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-04 | SEC |
| 2026-03-04 | 144 | Filing for proposed sale of securities under Rule 144. | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 409.92K | 1 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| FMR LLC | 14.97% |
| BlackRock, Inc. | 10.68% |
| FEDERATED HERMES, INC. | 4.79% |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.21% |
| TWO SIGMA INVESTMENTS, LP | 3.88% |
| MARSHALL WACE, LLP | 3.31% |
| GEODE CAPITAL MANAGEMENT, LLC | 2.92% |
| STATE STREET CORP | 2.22% |
| CSM Advisors, LLC | 1.76% |
| North Star Investment Management Corp. | 1.60% |
Funds
| Fund | % owned |
|---|---|
| Federated Hermes MDT Small Cap Core Fund | 3.41% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 3.02% |
| iShares Russell 2000 ETF | 2.56% |
| Fidelity Advisor Stock Selector Mid Cap Fund | 2.34% |
| Fidelity Real Estate Income Fund | 1.78% |
| Janus Henderson Small Cap Value Fund | 1.23% |
| Fidelity Series Small Cap Core Fund | 1.13% |
| Fidelity Small Cap Index Fund | 1.10% |
| VANGUARD EXTENDED MARKET INDEX FUND | 1.09% |
| Invesco KBW Premium Yield Equity REIT ETF | 0.94% |
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